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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 1351067 times)
bitspender
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July 13, 2014, 08:20:35 PM
 #7841

Even if this guy dumps at 1 satoshi.....
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July 13, 2014, 08:22:09 PM
 #7842


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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July 13, 2014, 08:25:09 PM
 #7843

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.

W12.io












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July 13, 2014, 08:26:54 PM
 #7844


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.

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July 13, 2014, 08:28:24 PM
 #7845

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
 #7846

I will ask again, whats the ETA on the fork?
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July 13, 2014, 08:28:47 PM
 #7847

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
 #7848

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
 #7849

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

W12.io












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July 13, 2014, 08:33:16 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.



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.

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July 13, 2014, 08:36:40 PM
 #7851


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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July 13, 2014, 08:37:18 PM
 #7852


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
 #7853

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

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July 13, 2014, 08:39:05 PM
 #7854


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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July 13, 2014, 08:39:38 PM
 #7855

So somebody stole $2,000,000 of coins and thought that he would get away with it?

Like nobody would notice.

Idiots!

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mrkavasaki
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July 13, 2014, 08:39:53 PM
 #7856

this why http://blackhalo.info/ is the future Wink Kiss

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CryptoLTD
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July 13, 2014, 08:41:42 PM
 #7857

Actually no, its not, accountability standards are & thats why I trade only on US based cryptsy, where they are required by law to have 3rd party audits.
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July 13, 2014, 08:42:34 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.

there was no theft of that scale in bitcoin. this comparison is total bullshit.

if a entity would have over 51% hash power then that would compare to what is happening.

by not forking the hacker(s) will have control over the network you idiots

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July 13, 2014, 08:46:06 PM
 #7859

VeriCoin is dead no matter what, IMO, rollback or not. The best the devs could do is start a new coin and advice everyone to be smarter about coin storage. Hard-forking in this case is a misunderstanding and a disregard of the principles that bitcoin was founded on.
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July 13, 2014, 08:49:18 PM
 #7860

this why http://blackhalo.info/ is the future Wink Kiss

People lost a lot of money here and are crying . so please kid = go to play elsewhere . The more you talk about black-shit-lo , the more we will hate blackcoin . From your post i will dump all my blackcoin (as i can see BC community are happy with others suffrance = F... U Blackcoin community .


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