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.
