Ethereum stopped Mining Network
https://etherchain.org/statistics/miners
This is it possible?
Topic: [ANN] Ethereum: Welcome to the Beginning - page 906. (Read 2007090 times)
The news spread like wildfire, those weak hands who continuously dumping their holdings have no knowledge that there is immediate solution to the problem. The whales are now taking advantage of this great opportunity.
They are working on a soft fork atm. the leaked ether is in a child DAO so the attacker has to wait another 27 days before he can withdraw. At a later time a hard fork will be proposed.
so that's good, the dump was only because of panic dumping?
It was a panic dump indeed. Their solution should resolve this issue in short time.
Goodluck to all ETH holders.Hope the current situation will be resolved quickly.
Quote
https://twitter.com/stephantual/status/743764579805605888
TL;DR #theDAO attack - Since no money in the DAO was ever spent, and nothing was stolen, nothing was lost.
TL;DR #theDAO attack - Since no money in the DAO was ever spent, and nothing was stolen, nothing was lost.
Lol, the whales took a shit on the little people exactly like predicted and blame it on a bug.
Booo!
Booo!
They are working on a soft fork atm. the leaked ether is in a child DAO so the attacker has to wait another 27 days before he can withdraw. At a later time a hard fork will be proposed.
so that's good, the dump was only because of panic dumping?
Blood in the streets, you should buy now.
They are working on a soft fork atm. the leaked ether is in a child DAO so the attacker has to wait another 27 days before he can withdraw. At a later time a hard fork will be proposed.
so that's good, the dump was only because of panic dumping?
They are working on a soft fork atm. the leaked ether is in a child DAO so the attacker has to wait another 27 days before he can withdraw. At a later time a hard fork will be proposed.
better current explanation just released
https://blog.ethereum.org/2016/06/17/critical-update-re-dao-vulnerability/
hacked dao locked for one month like any split for any purpose, funds remain with in the dao eco system (for now) enough brain power available to reverse the course...
https://blog.ethereum.org/2016/06/17/critical-update-re-dao-vulnerability/
hacked dao locked for one month like any split for any purpose, funds remain with in the dao eco system (for now) enough brain power available to reverse the course...
in order to remove funds from the dao you need to split and create a child dao which has a time lock. the hacker did what has happened with some exchanges in the past i.e. a few years ago you could submit a withdrawal repeatedly within a fraction of a second and before the exchange system could catch up you could withdrawal more than you had (google it, it is 2 3 years ago), hacker of dao did similiar, split, child dao and repeatedly withdraw dao into it accumulating 3 mil. + dao in that child dao. that child dao is now locked down with the 3 mil. + dao in it and he cannot remove it to sell, the dump seen is the public panicking upon hearing this reverse FOMO, maybe FOBH - fear of bag holding?
so what's happened now exactly, etheruem or the dao was hacked?, because i dumped already i was fearing to lose all my funds
I think it was not hacking but a splitting DAO vote or something.Read it all here: https://www.cryptocoinsnews.com/ether-price-plumets-ethereum-dao-may-be-hacked/
so what's happened now exactly, etheruem or the dao was hacked?, because i dumped already i was fearing to lose all my funds
I think it was not hacking but a splitting DAO vote or something. Its not a big deal I guess. Of course DAO the biggest holders of ETH, gave this crash like selling and it may continue for a while, in worst case scenario it would be around 20%. But I don't think this to happen. All I'm saying is a temporary crash creates once in a life time opportunity to go long on ETH i guess. The problem is we don't know where will be the bottom. This is why it is so important to go with options as a protective measures. Whatever you go long ETH, simply buy enough puts to cover your losses if any crash occur again. This is what the all hedge funds are doing this over and over again to make stable profits! 
so what's happened now exactly, etheruem or the dao was hacked?, because i dumped already i was fearing to lose all my funds
wow, lol this is insane...i got orders filled at 0.0209
0.0222 now with only 1.2k btc to 0.027...lots of people gona lose alot of ETH selling now coz they dont understand whats going on,lol
can you explain what's goin' on?0.0222 now with only 1.2k btc to 0.027...lots of people gona lose alot of ETH selling now coz they dont understand whats going on,lol
https://www.reddit.com/r/ethereum/comments/4oi2ta/i_think_thedao_is_getting_drained_right_now/
https://blog.slock.it/dao-security-advisory-live-updates-2a0a42a2d07b#.px72km9fn
Is there any official comment on this from the official ethereum website? I couldn't believe how fast it had crashed when I checked. This is the first thread I found giving a reason for the crash.
will stopping my miners now help STOP or help reduce the impact of this hack?
wtf , it happens when btc is falling .
yeah right, its was a plan.
scammers
yeah right, its was a plan.
scammers
Absolutely, Vitalik is a well know russian scammer! He`s dumping his bag!
I have never read anything like that. Stop spreading FUD!
wow, just bought me some cheap eth.
wtf , it happens when btc is falling .
yeah right, its was a plan.
scammers
yeah right, its was a plan.
scammers
Absolutely, Vitalik is a well know russian scammer! He`s dumping his bag!
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