[ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 198.

Liudehua2014

member

Activity: 84

Merit: 10

Quote from: Thrillho on March 28, 2014, 05:19:30 PM

The only focus this dev and community ever had was to get on an exchange.

Does that ring any alarm bells to you?

The only value this coin had was trust in "fairness", that it was fairly distributed and offered an alternative currency model to the typical rich-get-richer mode of PoW coins and increasing hashpower.

Do you still think it's fair?

I can say at least the initial distribution is rather fair. One chance per IP per hour is same for everybody.

What do you expect more? Do you think that after initial distribution it's real fair if each has the same amount?

A society with all wealth uniformly distributed is unstable. The cryptoworld is same.

The big stakeholders will buy in and some small holders will cash out.

The distribution of coins will evovle towards Pyramid shape. That's the nature.

busoni

sr. member

Activity: 364

Merit: 250

Owner of Poloniex

To everyone wondering about their BTC--as someone pointed out, the trades will be reversed, so you will lose the FAC you bought and regain the BTC you spent on it.

Hopefully this will happen tonight. I've had my hands a bit full today because 1) Poloniex has been getting seriously DDOSed, and 2) today is a special day for a special someone, so I can't divert all my time to Poloniex today.

Thrillho

full member

Activity: 154

Merit: 100

The only focus this dev and community ever had was to get on an exchange.

Does that ring any alarm bells to you?

The only value this coin had was trust in "fairness", that it was fairly distributed and offered an alternative currency model to the typical rich-get-richer mode of PoW coins and increasing hashpower.

Do you still think it's fair?

Liudehua2014

member

Activity: 84

Merit: 10

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

Poloniex gave a quick react to the problem.
NXT-E just blame the dev and thought it's designed by the dev. And they complain they received the notice so late.
Now they won't roll back anything and want to eat the real FAC people deposit before.
I bought a lesson.
I will transfer all my coins to Poloniex.
Never use untrustable, cheating NXT-E. Never!

SoulEater

newbie

Activity: 42

Merit: 0

all my coins together from poloniex and nxt-e is on my nxt-e account. i just noticed that poloniex is now trading FAC AGAIN. why is not nxt-e doing this already? and or giving us our money back, the btc we paid to the Fork'er should get paid back to us as they let him in there and never shut down their fac sale before 1-2 hours after poloniex wich becomes their fault!

vis

member

Activity: 84

Merit: 10

Quote from: TriceT on March 28, 2014, 04:50:04 PM

Just a reminder....

If we want to maintain the first position on Mintpal, we need to vote!

Vote!

nightwishx

hero member

Activity: 900

Merit: 500

Quote from: TriceT on March 28, 2014, 04:50:04 PM

Just a reminder....

If we want to maintain the first position on Mintpal, we need to vote!

5 tickets run out Grin

TriceT

newbie

Activity: 28

Merit: 0

Just a reminder....

If we want to maintain the first position on Mintpal, we need to vote!

nightwishx

hero member

Activity: 900

Merit: 500

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

support you forever.

kidyubyub

sr. member

Activity: 440

Merit: 250

http://taas.fund

Quote from: iwandhdumas2003 on March 28, 2014, 04:15:26 PM

Quote from: shadypepe on March 28, 2014, 03:59:44 PM

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

So if i deposited bitcoin to poloniex and bought cheaply during the fork, whats gonna happen to my btc and fac?

Poloniex is really a great exchange platform.

Good work busoni,support you forever.

That is for sure.

By the way, Poloniex is under DDOS right now.

iwandhdumas2003

member

Activity: 100

Merit: 10

Quote from: shadypepe on March 28, 2014, 03:59:44 PM

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

So if i deposited bitcoin to poloniex and bought cheaply during the fork, whats gonna happen to my btc and fac?

Poloniex is really a great exchange platform.

Good work busoni,support you forever.

jcarl987

sr. member

Activity: 392

Merit: 250

Quote from: shadypepe on March 28, 2014, 03:59:44 PM

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

So if i deposited bitcoin to poloniex and bought cheaply during the fork, whats gonna happen to my btc and fac?

Looks like you'll lose your FAC but you BTC will be returned (assuming the FAC you bought was from the wrong chain)

unick

sr. member

Activity: 504

Merit: 254

Quote from: sussex on March 28, 2014, 03:51:24 PM

EDIT:

I've just seen Busoni's post above, he really is a top bloke and deserves some luck after recent problems.

+1, Kudos to Busoni!

shadypepe

sr. member

Activity: 266

Merit: 250

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

So if i deposited bitcoin to poloniex and bought cheaply during the fork, whats gonna happen to my btc and fac?

unick

sr. member

Activity: 504

Merit: 254

Quote from: nobigdeal on March 28, 2014, 02:53:53 PM

Guys how can i check if I've updated my wallet correcly?

OMG, can't you just go back ONE page and read ?

Quote from: unick on March 28, 2014, 12:49:38 PM

sin242

sr. member

Activity: 280

Merit: 250

Quote from: busoni on March 28, 2014, 03:47:53 PM

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

Dont have 500k fac sitting around but id be willing to donate a bit of btc to help cover it.

sussex

hero member

Activity: 658

Merit: 500

Can get a quick rundown of where we stand?

As I understand it:

The fork is fixed, but hashrate still low and relying on POS to come into operation on Monday to secure the network.

Poloniex has not made any statement about their position, we don't even know if they were on the wrong chain or not.

NXTe is accusing the dev of a scam to cover up their own scam and will likely be bust very soon.

People have lost coins from trading during the fork, but no one has lost coins if they were not touched during the fork (unless you had FAC at NXTe where the exchange has stolen them)

Is this basically correct?

EDIT:

I've just seen Busoni's post above, he really is a top bloke and deserves some luck after recent problems.

WarrenP

sr. member

Activity: 406

Merit: 250

PHqpBmGrA3V6GqzmyQWEaQTjCMDGfSDbcn

Quote from: nxt-e.com on March 28, 2014, 01:46:57 PM

We created FAC block explorer, this is not the attack, we are very angry!
Yesterday, China's bad news so that they made the wrong judgment.
Reiterating ! we did not lose any coin. Rollback led our losses!

so where are my legitimate coins that I sent to your exchange a few days ago?
I would like them back please.

busoni

sr. member

Activity: 364

Merit: 250

Owner of Poloniex

FAC is still frozen on Poloniex because there is a shortage of about 500,000 FAC in the wallet. This is because someone--who evidently knew what they were doing--deposited that amount on the wrong block chain, dumped it, and took the BTC. They only made off with about 0.83 BTC, so I can cover that, but I will need to roll back the trades that occurred during the dump.

The only other option would be if someone wants to sell me 500,000 FAC for at 166 satoshis. I doubt someone would want to, but the offer stands until I roll back the trades.

griffinriz

sr. member

Activity: 476

Merit: 250

Quote from: nobigdeal on March 28, 2014, 02:53:53 PM

Guys how can i check if I've updated my wallet correcly?

if your client version is v0.9.0.1-gdf9d55a-beta then you are okay,you can check that by going to Help>Debug Window

Topic: [ANN]Faircoin - MULTIPOOL PAYS --- 20%--- BONUS! for the next week!! - page 198. (Read 341962 times)