Tau-Chain and Agoras Official Thread: Generalized P2P Network

[ohad]

We have still all the same percentage, because the scammer will also get more. In your offer stands, that at the beginning the leftover coins will be destroyed. So its equal to say: "I will only sell 41.5M" now.
This implies, that you want to sell all tokens in any way. Whats with the not sold coins being destroyed then?

of course i speak about the scammer not getting more (but about the new tokens), and the 500K holders also won't get that addition.
so it fits even with coin destruction, which is still planned as usual.

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[lordoliver]

We have still all the same percentage, because the scammer will also get more. In your offer stands, that at the beginning the leftover coins will be destroyed. So its equal to say: "I will only sell 41.5M" now.
This implies, that you want to sell all tokens in any way. Whats with the not sold coins being destroyed then?

of course i speak about the scammer not getting more (but about the new tokens), and the 500K holders also won't get that addition.
so it fits even with coin destruction, which is still planned as usual.

Lets see, if you can let bittrex manage that. Probably not that easy, but maybe possible.
But the calculation is wrong. You can't calculate 500K out of 42M but 500k out of the sold coins...

[ohad]

We have still all the same percentage, because the scammer will also get more. In your offer stands, that at the beginning the leftover coins will be destroyed. So its equal to say: "I will only sell 41.5M" now.
This implies, that you want to sell all tokens in any way. Whats with the not sold coins being destroyed then?

of course i speak about the scammer not getting more (but about the new tokens), and the 500K holders also won't get that addition.
so it fits even with coin destruction, which is still planned as usual.

Lets see, if you can let bittrex manage that. Probably not that easy, but maybe possible.

nothing to do with bittrex. omni dev writing a script for automatic distribution of the new token

[lordoliver]

nothing to do with bittrex. omni dev writing a script for automatic distribution of the new token

how does omni dev know, which of the bittrex coins were sold of the scammer?

[lordoliver]

But the calculation is somehow wrong. You can't calculate 500K out of 42M but 500k out of the sold coins...
How much are sold actually? Lets say 10M, then we are already at 5%...

[Kartaba]

Those numbers dont scare me, thanx for elaborating. Waiting for further info regarding this unfortunate incident.      

[ohad]

nothing to do with bittrex. omni dev writing a script for automatic distribution of the new token

how does omni dev know, which of the bittrex coins were sold of the scammer?

all the scammer got is known, and he transferred 500K to bittrex

But the calculation is somehow wrong. You can't calculate 500K out of 42M but 500k out of the sold coins...
How much are sold actually? Lets say 10M, then we are already at 5%...

see my demo proposal again, i edited it a minute later

[lordoliver]

nothing to do with bittrex. omni dev writing a script for automatic distribution of the new token

how does omni dev know, which of the bittrex coins were sold of the scammer?

all the scammer got is known, and he transferred 500K to bittrex

yes and they are mixed up with others on bittrex. Only bittrex knows, which coins were the scammers, and which were there already before or did I miss something?

But the calculation is somehow wrong. You can't calculate 500K out of 42M but 500k out of the sold coins...
How much are sold actually? Lets say 10M, then we are already at 5%...

see my demo proposal again, i edited it a minute later

ah ok sorry. So coins are 10% cheaper then. You could decrease the selling price by 10% as well for now. But not necessarily from my side

[ohad]

nothing to do with bittrex. omni dev writing a script for automatic distribution of the new token

how does omni dev know, which of the bittrex coins were sold of the scammer?

all the scammer got is known, and he transferred 500K to bittrex

yes and they are mixed up with others on bittrex. Only bittrex knows, which coins were the scammers, and which were there already before or did I miss something?

right, bittrex can tell if there were bid-sales then other than the scammer

[klosure]

Here are two screenshot of the trade history of Bittrex that show the two largest dumps for a total of 493773.96452308 tokens.
Aside from these two dumps that occured over a 1-second timeframes, there are other sell orders that could account for the missing 6k but it's more difficult to be sure which belong to the scammer.
Red frames correspond to the dump.
The 3 lines circled in blue are Elokane/Dor's orders as mentionned below.

03/30/2016 23:47:00   03/14/2016 17:25:40   Limit Buy   0.00011581    14860.70417639   14860.70417639   0.00011580   -1.72532069
03/30/2016 23:46:59   03/17/2016 20:05:02   Limit Buy   0.00020140    14858.49056604   14858.49056604   0.00020139   -2.99998125
03/30/2016 11:46:37                                                             0.00000212   406759.55205231   0.86233025 [this one is incomplete.]

First dump at 03:47:13
https://i.imgur.com/DKcPJjv.jpg

Second dump at 04:46:37
https://i.imgur.com/nsl87YE.jpg

[klosure]

I run the data through a spreadsheet. Here are the results:

Elokane/Dor's purchased quantity = 436478.75 AGRS
Elokane/Dor's total spend              = 5.58 BTC
Elokane/Dor's price per AGRS     = 0.00001278
 
Others purchase quantity = 57295.22 AGRS
Others purchase spend    = 9.50 BTC
Others price per AGRS    = 0.0001658

[ohad]

I run the data through a spreadsheet. Here are the results:

Elokane/Dor's purchased quantity = 436478.75 AGRS
Elokane/Dor's total spend              = 5.58 BTC
Elokane/Dor's price per AGRS     = 0.00001278
 
Others purchase quantity = 57295.22 AGRS
Others purchase spend    = 9.50 BTC
Others price per AGRS    = 0.0001658

thanks!

by the way i talked with Dor again and he stressed the point that he'll do everything i tell him to do. i didn't really raise proposals here and trying to keep it neutral so far because i want the final decision to be accepted (or better, also offered) by the coin holders. i guess this is the project's best interest, as any resolution won't really change the course of anything.

[klosure]

Makes sense. I'm confident that we'll converge to a solution that satisfies everyone.

[yuyu123]

Bittrex should roll back all trades with stolen coins. Ohad should recompense them for the amount withdrawn by the scammer and for their fees earned from those trades. 

There is no way to reverse the trades.  By the time we were notified, the coins were dumped and the BTC had been withdrawn

thanks,
richie@bittrex

[mr.coinzy]

Bittrex should roll back all trades with stolen coins. Ohad should recompense them for the amount withdrawn by the scammer and for their fees earned from those trades. 

There is no way to reverse the trades.  By the time we were notified, the coins were dumped and the BTC had been withdrawn

thanks,
richie@bittrex

I second that. If possible, bittrex should make a roll back and get compensated for any financial damage caused by withdrawals and such.

[ohad]

btw as i said above, compensation from my side is not an issue.

[DecentralizeEconomics]

Bittrex should roll back all trades with stolen coins. Ohad should recompense them for the amount withdrawn by the scammer and for their fees earned from those trades. 

There is no way to reverse the trades.  By the time we were notified, the coins were dumped and the BTC had been withdrawn

thanks,
richie@bittrex

I second that. If possible, bittrex should make a roll back and get compensated for any financial damage caused by withdrawals and such.

I too agree that this is the best and simplest way to handle this matter.

[bytemuma]

Wow man, this is like a mexican novel, no offense to mexicans.

Bittrex should roll back all trades with stolen coins. Ohad should recompense them for the amount withdrawn by the scammer and for their fees earned from those trades. 

There is no way to reverse the trades.  By the time we were notified, the coins were dumped and the BTC had been withdrawn

thanks,
richie@bittrex

I second that. If possible, bittrex should make a roll back and get compensated for any financial damage caused by withdrawals and such.

I too agree that this is the best and simplest way to handle this matter.

I second that.

[bytemuma]

hello ohad, i feel sorry for what happened here, it only reveals that you are a person that trusts the others. How did the scammer played you and you didn't suspect?

Unfortunately this only brings confusion and delay for you and the project.

From my point of view all this mess increases my confidence in you. You are a good human being.

The scammers always scam good people.

[ohad]

hello ohad, i feel sorry for what happened here, it only reveals that you are a person that trusts the others. How did the scammer played you and you didn't suspect?

Unfortunately this only brings confusion and delay for you and the project.

From my point of view all this mess increases my confidence in you. You are a good human being.

The scammers always scam good people.

thanks. that was a good social engineering. the scammer impersonated Tristan from Poloniex both in front of me and in front of Judith (who has no fault or blame at all on this story), both on skype and in email.