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Topic: [ANN] Ethereum: Welcome to the Beginning - page 907. (Read 2006108 times)

legendary
Activity: 2408
Merit: 1004
put your money at XEM

at few weeks will be had big news

already big at japan Grin Grin Grin Grin Grin Grin Grin Grin
legendary
Activity: 3052
Merit: 1534
www.ixcoin.net
DAO HACKER UPLOADED DAO HACK TO HIS YOUTUBE ACCOUNT: https://youtu.be/u1Ds9CeG-VY

Bahahahaaaaaa!
hero member
Activity: 672
Merit: 500
DAO HACKER UPLOADED DAO HACK TO HIS YOUTUBE ACCOUNT: https://youtu.be/u1Ds9CeG-VY
legendary
Activity: 1708
Merit: 1049
I'm reading about a fork here: https://www.reddit.com/r/ethereum/comments/4oithy/a_too_big_to_fail_political_hard_fork_is_very/

...my question is: If there is a fork to reverse what happened, then why should anyone buy ETH right now and say "cheap coins" - if these newly bought ETH will disappear in a rollback? What am I missing?

edit: In other words, shouldn't the ideal strategy be "dump everything now for BTC, get the BTC out, and then get the ETH too after the rollback"?
full member
Activity: 160
Merit: 100
full member
Activity: 121
Merit: 100
sr. member
Activity: 658
Merit: 251
Ethereum stopped Mining Network
https://etherchain.org/statistics/miners
This is it possible?
sr. member
Activity: 317
Merit: 317
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.
hero member
Activity: 623
Merit: 501
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.
hero member
Activity: 924
Merit: 520
Goodluck to all ETH holders.Hope the current situation will be resolved quickly.
full member
Activity: 160
Merit: 100

 Shocked

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.
full member
Activity: 182
Merit: 100
Lol, the whales took a shit on the little people exactly like predicted and blame it on a bug.

Booo!
hero member
Activity: 868
Merit: 1000
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.
newbie
Activity: 58
Merit: 0
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?
hero member
Activity: 623
Merit: 501
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.
full member
Activity: 160
Merit: 100
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...
full member
Activity: 160
Merit: 100
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?

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