|
|
|
CryptoLTD
|
 |
July 13, 2014, 08:41:42 PM |
|
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.
|
|
|
|
|
criptix
Legendary
 Offline
Activity: 2464
Merit: 1145
|
|
July 13, 2014, 08:42:34 PM |
|
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 |
|
|
|
bitrap
Member
Offline
Activity: 72
Merit: 10
|
|
July 13, 2014, 08:46:06 PM |
|
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.
|
|
|
|
|
|
tigerwood0432
|
|
July 13, 2014, 08:49:18 PM |
|
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 . |
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
July 13, 2014, 08:51:20 PM |
|
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. Firstly, it makes no difference just because it's a large number. Decentralisation and irreversibility are the two fundamental underpinning tenets of Bitcoin. I guarantee you, long term, Vericoin price will be hurt more by doing this rollback than just leaving it be. No new future investors will touch a coin that does something like this. Either way the price will be damaged by this, if some of you are naive enough to think a dirty rollback will "fix everything" and the price will carry on as normal, you are going to be in for a shock. Secondly, there is not much of a difference between doing this once and doing it for every theft. It's a dangerous precedent. |
|
|
|
BadAss.Sx
Legendary
Offline
Activity: 1526
Merit: 1002
Bulletproof VPS/VPN/Email @ BadAss.Sx
|
|
July 13, 2014, 08:51:29 PM |
|
What are you crying...the coins are coming back and it will give some shit on the chart, but the community are buying those coins as sweet ice cream in hot weather.
|
|
|
|
|
|
CryptoLTD
|
|
July 13, 2014, 08:51:48 PM |
|
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.
This isnt bitcoin.. its VERICOIN. |
|
|
|
|
|
Yuzu
|
|
July 13, 2014, 08:52:03 PM |
|
|
|
|
|
|
|
|
pb2014
Newbie
Offline
Activity: 32
Merit: 0
|
|
July 13, 2014, 08:54:31 PM |
|
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. This is clearly a personal attack on Vericoin. What kind of an idiot would take 1/3 of the coins supply and hope that it won't be forked? |
|
|
|
|
|
btcsnippers
|
|
July 13, 2014, 08:54:47 PM |
|
its beeing Tweeted a lot but i havent seen any answers , Why did mintpal have 8 million in Hot wallets ??
|
|
|
|
|
criptix
Legendary
Offline
Activity: 2464
Merit: 1145
|
|
July 13, 2014, 08:55:32 PM |
|
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.
it is not - bitcoin had over 100s of forks. bitcoin and crypto is about decentralization and that doesnt equal no blockchain forks. we the community will decide if we accept the fork by downloading and using the new wallet. so much bullshit even from hero members, the only thing to die is probaly this forum  |
|
|
|
|
majeis
|
|
July 13, 2014, 08:56:03 PM |
|
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. Firstly, it makes no difference just because it's a large number. Decentralisation and irreversibility are the two fundamental underpinning tenets of Bitcoin. I guarantee you, long term, Vericoin price will be hurt more by doing this rollback than just leaving it be. No new future investors will touch a coin that does something like this. Either way the price will be damaged by this, if some of you are naive enough to think a dirty rollback will "fix everything" and the price will carry on as normal, you are going to be in for a shock. Secondly, there is not much of a difference between doing this once and doing it for every theft. It's a dangerous precedent. You going to answer my questions or ignore them like EVERYONE ELSE who is FUDDING right now? 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?
You think it'd be a better precedent to allow a thief complete control over the network in the name of "fundamental underpinning tenets?" |
▄▄▄████████▄▄▄
▄██████████████████▄
▄██████████████████████▄
██████████████████████████
████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
██████████████████████████████
████████████████████████████
██████████████████████████
▀██████████████████████▀
▀██████████████████▀
▀▀▀████████▀▀▀
| | | | ███████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
██████████
███████ | | | ◉BTC ◉PLAY ◉XMR ◉DOGE ◉STRAT ◉ETH ◉GRC ◉LTC ◉DASH ◉PPC |
| | ▄▄██████████████▄▄
▄██████████████████████▄ █████
▄██████████████████████████▄ █████
████ ▄▄▄▄▄ ▄▄▄▄▄▄ ▄▄▄▄▄ ████ ▄██▀
████ █████ ██████ █████ ████ ▄██▀
████ █████ ██████ █████ ████ ██▀
████ █████ ██████ █████ ████ ██
████ ▀▀▀▀▀ ▀▀▀▀▀▀ ▀▀▀▀▀ ████ ▄██████▄
████████████████████████████ ████████
███████▀ ▀███████ ▀██████▀
█████▀ ▀█████
▀██████████████████████████▀
▀▀████████████████████▀▀ | ▨ DICE
▨ BLACKJACK
▨ PLINKO | ▨ VIDEO POKER
▨ ROULETTE
▨ LOTTO |
|
|
|
KidenceBgd
Member
Offline
Activity: 66
Merit: 10
VeRiCoIn :)
|
|
July 13, 2014, 08:57:40 PM |
|
Why ppl so stupid...?!
problem is Mintpal, no VRC....
VRC with this devs is already BIG...
STRONG HAND MAKE MONEY, WEAK HAND LOSE MONEY....
I <3 VRC !!!
|
|
|
|
|
|
surgexvb
|
|
July 13, 2014, 09:00:46 PM |
|
its beeing Tweeted a lot but i havent seen any answers , Why did mintpal have 8 million in Hot wallets ??
A better question would be WHEN did the transfer from cold storage to hot wallet take place? If it was soon before the attack took place, one would have to question MintPal because there may be something bigger going on here. |
|
|
|
mr_random
Legendary
Offline
Activity: 1344
Merit: 1001
|
|
July 13, 2014, 09:02:22 PM |
|
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. Firstly, it makes no difference just because it's a large number. Decentralisation and irreversibility are the two fundamental underpinning tenets of Bitcoin. I guarantee you, long term, Vericoin price will be hurt more by doing this rollback than just leaving it be. No new future investors will touch a coin that does something like this. Either way the price will be damaged by this, if some of you are naive enough to think a dirty rollback will "fix everything" and the price will carry on as normal, you are going to be in for a shock. Secondly, there is not much of a difference between doing this once and doing it for every theft. It's a dangerous precedent. You going to answer my questions or ignore them like EVERYONE ELSE who is FUDDING right now? 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?
You think it'd be a better precedent to allow a thief complete control over the network in the name of "fundamental underpinning tenets?" Listen dumbass. In that situation a hacker isn't going to spend a week fucking around with the network and watching his $2million worth of of Vericoin become worthless as the price bombs on every exchange due to what he is doing. He will sell his Vericoin whilst they are still worth something. |
|
|
|
|
SeDz
|
|
July 13, 2014, 09:04:14 PM |
|
do you guys think that vrc will be dumped when the market return?
|
|
|
|
|
surgexvb
|
|
July 13, 2014, 09:05:39 PM |
|
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. Firstly, it makes no difference just because it's a large number. Decentralisation and irreversibility are the two fundamental underpinning tenets of Bitcoin. I guarantee you, long term, Vericoin price will be hurt more by doing this rollback than just leaving it be. No new future investors will touch a coin that does something like this. Either way the price will be damaged by this, if some of you are naive enough to think a dirty rollback will "fix everything" and the price will carry on as normal, you are going to be in for a shock. Secondly, there is not much of a difference between doing this once and doing it for every theft. It's a dangerous precedent. You going to answer my questions or ignore them like EVERYONE ELSE who is FUDDING right now? 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?
You think it'd be a better precedent to allow a thief complete control over the network in the name of "fundamental underpinning tenets?" Listen dumbass. In that situation a hacker isn't going to spend a week fucking around with the network and watching his $2million worth of of Vericoin become worthless as the price bombs on every exchange due to what he is doing. He will sell his Vericoin whilst they are still worth something. How is the hacker going to sell when no exchange will reopen trading until the fork is complete? |
|
|
|
|
testbug
|
|
July 13, 2014, 09:05:48 PM |
|
The bigger question is: Is Mintpal holding even more Coins, also Bitcoin in Hotwallets and not on cold storage?  This is for me, a reason, moving ALL my coins out of Mintpal. Thought this is a good exchange, but this showed me that they need much more security. Sure, every exchange could be hacked, but it was Mintpal and not Poloniex/Bittrex/Cryptsy. Think about it |
|
|
|
|
|
Poll
