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Author Topic: ★[ANN] [NAV] NAV COIN - Community Fund Live!!!  (Read 2085733 times)
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cyberhacker
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July 15, 2014, 12:36:53 AM
 #641

The problem is the man making double spend attack owns more than 51% STAKING COINs.

he withdraw some BTC (value of 900k NAVAJO), and the ledger on bittrex is short of that amoutn NAVAJO. buyers on bittrex bought figure from the dumper.

so. two ways:

1. someone donate that amount to BITTREX
2. Hardfork with increased amount.

either way to cover the amount of 900k

but the attacker still hold a large amount of NAVAJO. no way to invalidate his holdings.

the problem is most of us putted NAVAJO on exchanges rather than in wallet to stake.
roykovsky
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July 15, 2014, 12:37:34 AM
 #642

It's not about 970k NAV, it's about the COIN BEING VULNERABLE TO ATTACKS.
GREEDYJOHN
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July 15, 2014, 12:38:05 AM
 #643

937620 coins at the current rate of 1000 sats = 9.376 Bitcoins. Bittrex is such a big exchange with thousands of bitcoins worth being traded daily. Why the fak are they crying about such a small amount of BTC and did not solve it internally with the developers Huh Didn't even need to bring this to public and make such a huge fuss. Shit happens sometimes and what is the name of such a big exchange worth if they can't handle such a meagre issue quietly Huh F****n beggars Angry

BECAUSE THEY THINK THE DEV's STOLE THE COINS, PRETTY OBVIOUS!

hey devs i think its time for you guys to step up and show the community what you've been working on, so far it looks like you hyped some non-existent ANON features and used the hype to create volume to cash out on your double spend attack

AND NOW AT 400 satoshi its only 4btc, devs wont pay this to not keep us on bittrex, WHAT A JOKE!
YOU HEARD THE DEV, GIVE HIM SOME TIME! WHOEVER PULLED THE HEIST, ALLEGEDLY WORTH OVER 9 BTC, IS CURRENTLY CASHING IN ON THE FUD, HE COULD HAVE MILLIONS OF NAV IF WE DO NOT PUT AN END TO THE FUD

iaminitnow06
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July 15, 2014, 12:38:17 AM
 #644

BECAUSE THEY THINK THE DEV's STOLE THE COINS, PRETTY OBVIOUS!

hey devs i think its time for you guys to step up and show the community what you've been working on, so far it looks like you hyped some non-existent ANON features and used the hype to create volume to cash out on your double spend attack

AND NOW AT 400 satoshi its only 4btc, devs wont pay this to not keep us on bittrex, WHAT A JOKE!
Yeah, SOD OFF!!

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
soopy452000
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July 15, 2014, 12:38:34 AM
 #645

The problem is the man making double spend attack owns more than 51% STAKING COINs.

he withdraw some BTC (value of 900k NAVAJO), and the ledger on bittrex is short of that amoutn NAVAJO. buyers on bittrex bought figure from the dumper.

so. two ways:

1. someone donate that amount to BITTREX
2. Hardfork with increased amount.

either way to cover the amount of 900k

but the attacker still hold a large amount of NAVAJO. no way to invalidate his holdings.

the problem is most of us putted NAVAJO on exchanges rather than in wallet to stake.

The Attacker has already dumped that 900k so actually no has those coins mate so in reality Bittrex is short of 900k worth of Bitcoins to say wisely.

Yes we can replace that amount using a Hardfork.

~SoopY~

Working/Online Times
04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT

Coin Developments & Contributions 1. SherlockCoin (SHC) (https://bitcointalk.org/index.php?topic=454981) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! (https://bitcointalk.org/index.php?topic=469464) 3. [ANN][66][New Maintainer] ★Coin 66★ (https://bitcointalk.org/index.php?topic=493987) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS (https://bitcointalk.org/index.php?topic=495693) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790
soopy452000
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July 15, 2014, 12:39:42 AM
 #646

Dumpers can dump , buyers will buy , but the Developer or the Foundation will never back down from the coin that's my word.

~SoopY~

Working/Online Times
04:00:00 GMT - 12:00:00 GMT / 00:00:00 EDT - 08:00:00 EDT

Coin Developments & Contributions 1. SherlockCoin (SHC) (https://bitcointalk.org/index.php?topic=454981) 2. [RESURRECTION] Bringing Life to Growthcoin (GRW) , Community Backed Development! (https://bitcointalk.org/index.php?topic=469464) 3. [ANN][66][New Maintainer] ★Coin 66★ (https://bitcointalk.org/index.php?topic=493987) 4. [RE-ANN] Galaxycoin Revival!-FORK AT BLOCK 255145, KGW, RANDOM BLOCK REWARDS (https://bitcointalk.org/index.php?topic=495693) 5. [RESURRECTION] Taking Astrocoin to the Moon,KGW Implemented + HARD FORK AT 17520 https://bitcointalk.org/index.php?topic=516549 6. [RESURRECTION] Bringing Electric back to the grid, Community Backed Development! https://bitcointalk.org/index.php?topic=514790
rhkazani1
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July 15, 2014, 12:41:01 AM
 #647

Dumpers can dump , buyers will buy , but the Developer or the Foundation will never back down from the coin that's my word.

~SoopY~

+1

I am with ya, I am not selling any.
robdark
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July 15, 2014, 12:41:56 AM
 #648

why the F people using big assed coloured text man jeez. And yeh for all we know dev is in on this, the dude does have a point. Seems pretty shady all the build up to this and then boom this happens. Not saying it's true but anyone's gonna ask questions.
iaminitnow06
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July 15, 2014, 12:42:17 AM
 #649


The Attacker has already dumped that 900k so actually no has those coins mate so in reality Bittrex is short of 900k worth of NAVAJO to say wisely.

Yes we can replace that amount using a Hardfork.

~SoopY~
You want to edit that soopy Wink

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
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cyberhacker
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July 15, 2014, 12:43:59 AM
 #650

The problem is the man making double spend attack owns more than 51% STAKING COINs.

he withdraw some BTC (value of 900k NAVAJO), and the ledger on bittrex is short of that amoutn NAVAJO. buyers on bittrex bought figure from the dumper.

so. two ways:

1. someone donate that amount to BITTREX
2. Hardfork with increased amount.

either way to cover the amount of 900k

but the attacker still hold a large amount of NAVAJO. no way to invalidate his holdings.

the problem is most of us putted NAVAJO on exchanges rather than in wallet to stake.

The Attacker has already dumped that 900k so actually no has those coins mate so in reality Bittrex is short of 900k worth of Bitcoins to say wisely.

Yes we can replace that amount using a Hardfork.

~SoopY~

yes bittrex is short of btc, cuz, attacker withdraw btc.  but the bittrex owe figure to NAVAJO buyers.

if you replace amount ursing hardfork. you have to add 900 more on the initial amount.

such as 50million+900k.

that means value dilution. if ppl don't like this way.  someone have to donate 900k.

either foundation or all supporters.

but still the attacker owns a large amount of NAVAJO to initiate second attack. but that is another story, dev may can prevent that from happening again.

i am trying to help figuring out. but some one is so stupid to fight with me.


Plus.  something you are wrong!

the attacker still owns NAVAJO. the attack is not real coins. another chain to successful confirmations and get ledger figure on bittrex.  then dump the figure (not real coins)---then withdraw BTC.

HE STILL OWNS HIS COINS
kotwica666
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July 15, 2014, 12:44:26 AM
 #651

The problem is the man making double spend attack owns more than 51% STAKING COINs.

he withdraw some BTC (value of 900k NAVAJO), and the ledger on bittrex is short of that amoutn NAVAJO. buyers on bittrex bought figure from the dumper.

so. two ways:

1. someone donate that amount to BITTREX
2. Hardfork with increased amount.

either way to cover the amount of 900k

but the attacker still hold a large amount of NAVAJO. no way to invalidate his holdings.

the problem is most of us putted NAVAJO on exchanges rather than in wallet to stake.

The Attacker has already dumped that 900k so actually no has those coins mate so in reality Bittrex is short of 900k worth of Bitcoins to say wisely.

Yes we can replace that amount using a Hardfork.

~SoopY~

What if attacker hold 900k Nav more?

.
..........
██████████████████████████████████████████████████████████████
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.....I AM BLACKJACK.FUN.....
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..........
m3
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July 15, 2014, 12:44:51 AM
 #652

This coin sucks. The dev scammed and is part of the 900k double spend attack. Sell now before he decided to cash out more. Nav is a scamcoin

iaminitnow06
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July 15, 2014, 12:45:00 AM
 #653

It's not about 970k NAV, it's about the COIN BEING VULNERABLE TO ATTACKS.

THE COIN WILL NOT BE VULNERABLE TO ATTACKS IF MORE PEOPLE STAKE IN WALLET, simple these are growing pains and if devs are legit they will show how much progress there making in Anon features and will restore faith in coin, and if they did the double spend attack they will try to re-assure us with vauge updates until the buying volume evaporates and the coin dies

Its all in the devs hands now, nothing more we can do.... SAD DAY IN CRYPTO
What meds are you on Huh Sad day in crypto. BLA BLA BLA!!! It's only facking 9BTC. What the hell are you talking about idiot Huh

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
iaminitnow06
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July 15, 2014, 12:47:31 AM
 #654

TRADING ON BITTREX IS UP AND HEALTHY Grin

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
robdark
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July 15, 2014, 12:48:24 AM
 #655

The problem is the man making double spend attack owns more than 51% STAKING COINs.

he withdraw some BTC (value of 900k NAVAJO), and the ledger on bittrex is short of that amoutn NAVAJO. buyers on bittrex bought figure from the dumper.

so. two ways:

1. someone donate that amount to BITTREX
2. Hardfork with increased amount.

either way to cover the amount of 900k

but the attacker still hold a large amount of NAVAJO. no way to invalidate his holdings.

the problem is most of us putted NAVAJO on exchanges rather than in wallet to stake.

The Attacker has already dumped that 900k so actually no has those coins mate so in reality Bittrex is short of 900k worth of Bitcoins to say wisely.

Yes we can replace that amount using a Hardfork.

~SoopY~

yes bittrex is short of btc, cuz, attacker withdraw btc.  but the bittrex owe figure to NAVAJO buyers.

if you replace amount ursing hardfork. you have to add 900 more on the initial amount.

such as 50million+900k.

that means value dilution. if ppl don't like this way.  someone have to donate 900k.

either foundation or all supporters.

but still the attacker owns a large amount of NAVAJO to initiate second attack. but that is another story, dev may can prevent that from happening again.

i am trying to help figuring out. but some one is so stupid to fight with me.


Plus.  something you are wrong!

the attacker still owns NAVAJO. the attack is not real coins. another chain to successful confirmations and get ledger figure on bittrex.  then dump the figure (not real coins)---then withdraw BTC.

HE STILL OWNS HIS COINS


About the dilution, exactly dude, dev wants nav holders to pay for the loss by printing more, as if nav holders didn't lose enough already. goddamn.
iaminitnow06
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July 15, 2014, 12:49:18 AM
 #656

This coin sucks. The dev scammed and is part of the 900k double spend attack. Sell now before he decided to cash out more. Nav is a scamcoin
Thank you, soothsayer. Now please f**k off Angry

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
iaminitnow06
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July 15, 2014, 12:50:10 AM
 #657

TRADING ON BITTREX IS UP AND HEALTHY Grin

NEM(NEW ECONOMY MOVEMENT) - https://bitcointalk.org/index.php?topic=654845.0 | http://forum.nemcoin.com/ | http://altnemo.com/
NBOCOW-D45UHF-A7CJUX-HK7PD3-KUEXEP-PMECIZ-BJFP
GREEDYJOHN
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July 15, 2014, 12:50:16 AM
 #658

This coin is LEGIT, this is why it was attacked. The WHALES WANT YOU TO DUMP AT 400 SAT, THEN BUY BACK AGAIN AT 10,000 SAT.

MaxOnBit
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July 15, 2014, 12:50:52 AM
 #659

This is the end of Navajo I think. It never will grow up to 0.00002 again Sad

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July 15, 2014, 12:51:14 AM
 #660


old stories happend to C2, VRC and now NAVAJO

C2 was attacked because there was a bug in its code base, not because PoS itself. PoS has been proven to be very difficult to attack in a brute-force way.
So there is also a security hole in NAVAJO?

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