500K coins stolen by octaex was sold. Thanks to dev for doing NOTHING, thanks for not to burn coins on octaex wallet, there are still ~2mln 750K stolen coins.
worst devs I ever seen
so? better the dumps happen now while it's cheap. lol 500k for 1 cent USD? meh big deal. the market seemed to have absorbed it, and there are more than enough coins (lucky not a crazy high amt) that even 2mil being dumped won't even be so bad IN THE LONG RUN/TERM. many orders were filled too, so now have happy new ARO holders. better the distribution happens now vs. later. as we have said already, it is shit this hack occurred (on top of that miner guy selling his stacks here and there) but the decision was made and you have to move forward. where was everyone to msg/advise the devs to fork it when they asked? i recall only some ppl saying this and most were fine with NO fork. perhaps at that time exit scam was not confirmed...but it was pretty obvious. i dunno. it pisses me off just as much as anyone how shit's going down but the coin/devs/team seem solid and not going anywhere. thus this is a coin in its infancy and crazy undervalued now...i'm sure regular ppl are buying and whales are loading up. it is a long term hold so no point crying re. these dumps now, i'm not.
welcome to crypto...hold on tight or get off the ride.
Dude you bought in real cheap, that why you all mellow about the bs and expect everyone to feel as such. I personally advised several friends to invest close to 5 btc when it seem the coin was really stable/ floor was at 1000 sat and i doubt you would be dis mellow about the situation if you got in around that price and know a malicious hodler still has 2.5 million coins in his or her possession. And this is just another player in the mix, it does not account for the main guy who has been dumping and is responsible for bringing this coin from a stable floor of 1k to lower 200 sat. So imagine buying this coin at 300-350( am not sure what you paid) and having it go to 1 sat with no indication that it will improve from that value for a really long time ( and that several sat smaller than the scenario some of the older investors experienced) Also keep in mind the dump was not organic, but coordinated by one individual who was given the time to abuse the situation rather than taking swift action to protect the investors
The fucked up part is you have a dev that overshilled this fucked up exchange to all newbies and personally vested their dependability on discord. I wonder how many investors where lead astray into losing money on that exchange cos they figured they could trust the exchange since the dev team was shilling/directing traffic to the site. then same guy intentionally allowed a miner to abuse the algo for several months and rape/destroy the value while allowing the miner to accumulate enough coin to control the coin's value for a really long time and we suppose to cont heaping praises cos he wrote a codes. When does the sheep wake up?
When do we actually start holding this guys accountable for the several fuck up, everyone always yap that bullshit about don't invest more than you can lose, but the same fools cry about the volatile nature of crypto. In other for ppl to take this sphere serious, we have to start treating this projects, like we would treat any project on the stock index and you and i know that if a similar situation occurred on that ecosystem, this guys will be investigated for collusion. Though the proof might not currently be present, a lot of their action proves otherwise.
no, don't assume. i have bought in as high as 1k sats too. i have lowered my buy in avg by buying the past months, and now some at the dumps. just like the post said above. you have reiterated your thoughts many times now and we get it, exch hack is shit, miner setup poor and devs DID NOT react in time (i doubt they're scammers from interaction i have heard and had with them). ppl back then seemed to AGREE with the move to not soft fork. so then you can't change that now.
i am SUPER ANNOYED the devs and exch didn't react in time, fucking right i am...but there's nothing you can do now to change that. look the market dumped and you can see ARO has been bought up a lot by new hands....so nothing to worry about. the market has moved on and so have many of us. if you're in for the long hold then don't worry it'll go back up in due time (yes will take awhile but wtf can you do?). i'm actually surprised they are dumping this soon and this much haha....in a few months time it'll be a non-issue at the rate their dumping. fine with market as ppl will buy these up no issues, it's a solid project/coin and team and non ICO bullshit.
in a few months things can change drastically in crypto and with this thing at the fucking grave bottom, the only way is up haha. the ppl yapping and crying as you say are not used to crypto yet by then lol....sorry but it's true. i've been fucked/scammed and lost more times than i can count but you know what, once you learn/stick to it and make the right moves with some time, you can more than cover those losses (well, not right now though cos the market is dead for all lol). anyhow i ain't gonna argue about it anymore cos i don't have fucking time, and you seem pretty set to continue venting about it.
i'll just be here holding ARO and waiting for the turn around (which will come) - you do remember XRB (NANO) price right...?
I agree with you! They would have taken immediate action to update the algo, if they actually had their own personal funds invested in the project but since that wasn't the issue and it was all gain, they did absolutely nothing. So no one was asking aro dev for a buy wall, cos obviously they weren't investing their own funds. The initial investors were providing the buy walls, till one individual discovered a way to abuse the limitation of the algo and destroy any attempt of creating a buy wall, no matter how big it was.