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Question: Where would you prefer the VRC/VRM exchange pair be?
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Author Topic: [ANN][VRC] VeriCoin Proof of Stake-Time Currency | New Roadmap Released  (Read 1348787 times)
szuwi
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July 13, 2014, 08:06:42 PM
 #7841

I still show my full VRC balance in MintPal.  Does this mean my coins by chance were not part of what was stolen?  Has anyone seen the balance actually affected or do they just not update.

My VRC balance looks unaffected, but the grand total (in estimated BTCs) doesn't make sense, is like if all the other coins counted but not the VRCs, can anyone check?

Eth.

Mintpal:

VRC 786.xxxxx
Est. Total BTC 0.00000000

I've moved all my other cryptos to other exchanges - better to do smth than just wait.

Wrong = put your coin in your wallet . Transfer to an exchange just when you need to sell . Isn't it a good lesson to learn today ?

Do you think cryptsy is safe , or bittrex or any other exchange ?

STAKE YOUR COIN in cold storage and transfer to an exchange only when needed .

I think this TIME : PUMP AND DUMP IS OVER = PEOPLE WILL NOT STORE THEIR COINS IN EXCHANGES .




wrong?? "STAKE YOUR COIN" - especially when the devs decided to manipulate blockchain...
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bitspender
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July 13, 2014, 08:06:51 PM
 #7842

Can't you see the opportunity ? THIS ATTACK WILL BRING VRC TO THE MEDIA ATTENTION = ITS UNIQUE = ALL NEWSPAPERS , CRYPTO-MAGAZINES , TELEVISION , FORUMS , BLOGS , RADIOS ,  EVERYBODY IN THE CRYPTO-WORLD  WILL TALK ABOUT VERICOIN . IT WILL BE THE NEXT BTC Smiley

haha, bag holder delusions

+1 I rather say, end of VRC. As soon as markets open, dumps will follow, end of coin.
Have seen this scenario many times before.
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July 13, 2014, 08:11:15 PM
 #7843

guys this why need a decentralized exchange somthing like this http://bithalo.org/

No, its why exchanges need to be held to a higher standard, a& be registered, so they are by law bound to 3rd party auditing. This is why I trade sizable qty only on cryptsy.
tigerwood0432
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July 13, 2014, 08:11:41 PM
 #7844

Anyone even bother to follow where 8 million coins went to and how far it got?  Not to big of a cleanup if you do some legwork.  I will let soemone else post the results though.













WHERE ARE YOU GOING WITH OUR MONEY , SON OF A B...........






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chunkyjunkie
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July 13, 2014, 08:13:29 PM
 #7845

Anyone even bother to follow where 8 million coins went to and how far it got?  Not to big of a cleanup if you do some legwork.  I will let soemone else post the results though.













WHERE ARE YOU GOING WITH OUR MONEY , SON OF A B...........







That is where it is, stuck.. nothing more...

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July 13, 2014, 08:20:14 PM
 #7846


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.

bitspender
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July 13, 2014, 08:20:35 PM
 #7847

Even if this guy dumps at 1 satoshi.....
majeis
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July 13, 2014, 08:22:09 PM
 #7848


No, I wouldn't. Even if you type in huge red letters. Anyone who understands the true point of the blockchain will agree with me

You going to answer my question? I only posted it one minute before the one you responded to. Shit, answer it on your main account since you obviously mistakenly posted on your "coin name"-themed "dev" account.

Rollback destroys all integrity of the block chain. You may as well go back to using dollars if you want to have a solution as moronic as a rollback. Honestly, anyone for it is either a) new as hell and totally clueless on what the block chain does and what cryptos are, or b) trying to kill this coin and MintPal

Simple as that. You are either stupid or just FUD'ing if you support a rollback. I expect flak from tons of new accounts starting...NOW

Says the "dev" of another coin that's a new account itself. Did you forget to login to your main account there?

Let's ask you this same question and see if you have no response like everyone else:

So you think a guaranteed ongoing 51% attack or an insta-dump is a better alternative?

Please explain why.


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PLINKO       
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kpierce77
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July 13, 2014, 08:25:09 PM
 #7849

I still show my full VRC balance in MintPal.  Does this mean my coins by chance were not part of what was stolen?  Has anyone seen the balance actually affected or do they just not update.

My VRC balance looks unaffected, but the grand total (in estimated BTCs) doesn't make sense, is like if all the other coins counted but not the VRCs, can anyone check?

Eth.

Mintpal:

VRC 786.xxxxx
Est. Total BTC 0.00000000

I've moved all my other cryptos to other exchanges - better to do smth than just wait.

Wrong = put your coin in your wallet . Transfer to an exchange just when you need to sell . Isn't it a good lesson to learn today ?

Do you think cryptsy is safe , or bittrex or any other exchange ?

STAKE YOUR COIN in cold storage and transfer to an exchange only when needed .

I think this TIME : PUMP AND DUMP IS OVER = PEOPLE WILL NOT STORE THEIR COINS IN EXCHANGES .



Wow that would be GREAT if pump and dump were over!!!  Doubt that's the case though.

















































battbot
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July 13, 2014, 08:26:54 PM
 #7850


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.



Even a rollback is highly problematic because it compromises integrity of the blockchain.  Either way this is a tragedy...  I still cannot understand why VRC was the only target.

XCurrency www.xc-official.com #xcofficial
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July 13, 2014, 08:28:24 PM
 #7851

I guess MP will start an investigation against the attackers. Looks like a legit company, so some private investigators need to be hired.

Need BadAss Bulletproof VPS or Bulletproof VPN or why not just mail safe with Safe-Mail. We care about your privacy.
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July 13, 2014, 08:28:33 PM
 #7852

I will ask again, whats the ETA on the fork?
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July 13, 2014, 08:28:47 PM
 #7853

guys this why need a decentralized exchange somthing like this http://bithalo.org/

No, its why exchanges need to be held to a higher standard, a& be registered, so they are by law bound to 3rd party auditing. This is why I trade sizable qty only on cryptsy.

Any centralised exchange can be hacked.

Decentralized exchanges like bithalo which are trustless by design, are safer by definition. They are the future.

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July 13, 2014, 08:31:34 PM
 #7854

Using an exchange that is by law required to have 3rd party auditing is wise. Hence why I trade only @ Cryptsy.
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July 13, 2014, 08:31:42 PM
 #7855

Here's the first of several I'm sure:  http://cryptocrimson.com/2014/07/mintpal-exchange-suffers-massive-vericoin-hack/

















































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July 13, 2014, 08:33:16 PM
 #7856


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.



There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

majeis
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July 13, 2014, 08:36:40 PM
 #7857


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.



There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse.

So to put things in perspective, you'd be okay with absolutely nothing being done about a simultaneous 33% acquisition of the bitcoin supply by a malicious thief along with 51% of the network hash by that same person?


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battbot
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July 13, 2014, 08:37:18 PM
 #7858


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.



There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

While there is no satisfying solution to all of this... I would have to agree with Mr_Random.  A rollback at the very least, is just as bad as the thief dumping coins.  

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July 13, 2014, 08:37:52 PM
 #7859

it's not clear if who has VRC inside mintpal, can have the coin back after the market will be reopen.

LISK
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July 13, 2014, 08:39:05 PM
 #7860


This is not even an option.

Blame Mintpal not Vericoin. Rollback is a must. If Vericoin doesn't rollback then it will be worth NOTHING. The coin will be DEAD.



There is a reason why Bitcoin transactions aren't arbitrarily reversed after thefts.

There shouldn't be a rollback. A hardfork to undo this is worse than the thief dumping the coins. Mintpal are just trying to erase their losses here.

Apples & oranges @ no time was almost 30% of ALL BTC stolen.

Edit: This is also not an MP bail out, its PROTECTING the holders & users of the coin. MP will undoubtedly suffer irreversible losses from this most importantly community trust.
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