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Topic: [ANN][SHIFT] The New Web | IPFS/Phantom | ShiftNrg.org Hosted Decentralized! - page 20. (Read 547597 times)

hero member
Activity: 784
Merit: 1000
I guess the stolen funds didn't hit the Exchange, right?

Update:


member
Activity: 323
Merit: 19
Well it looks like the price hasn't dropped that much even though 18 BTC buy walls are gone. Good thing deposits are disabled...    

Oh yeah? Shift is currently $2.8.
It was that much back in June.
Talk about fail.

Fortunately my Shift on Bittrex is fine.

I was referring to the stolen coins issue not the whole market has tanked issue, but guess you need to spell it for some people. Duh  Undecided
sr. member
Activity: 489
Merit: 253
sr. member
Activity: 429
Merit: 252
Wow. That's pretty bad...

Not necessary.

Of course, this is an unpleasant incident for the team (and a great shame if it turns out that the keys for multisig wallet were actually stolen from one man), but it also might even turn out to be a good way to demonstrate the benefits of DPoS algorithm — even if rollback doesn't work out, the delegates will not allow the project to fail due to lack of funds.

Well it looks like the price hasn't dropped that much even though 18 BTC buy walls are gone. Good thing deposits are disabled...

Yeah, but deposits/withdrawals are disabled and major amount of SHIFT coins are stored on native wallets, not on exchanges. Let's see what will happen after the issue will be resolved. Anyway, SHIFT team has already proven that the project they're doing is at least is proven working and is demanded by market, so even if we'll see a huge dive it will be a great opportunity to fill the bags in anticipation of future growth.
full member
Activity: 406
Merit: 104
Well it looks like the price hasn't dropped that much even though 18 BTC buy walls are gone. Good thing deposits are disabled...    

Oh yeah? Shift is currently $2.8.
It was that much back in June.
Talk about fail.

Fortunately my Shift on Bittrex is fine.
legendary
Activity: 2730
Merit: 1068
Juicin' crypto
very frustrating to hear.  dev(s) wtf, you of ALL ppl should have the best security around.  as long as you guys have halted trading on trex and all exchs then that's good, make those stolen coins null and voice.

please fork asap and get shift back going strong.  it like all coins was going great until the market tanked....many bagholders now lol.

mind you when your tech is out and them order books cleared up, this will mooon.
member
Activity: 185
Merit: 10
What to do about the mistakes I often make,i always buy at a low point and sell it soon , but then i will find it has fly to the moon , but i have none. i bought SHIFT at 1100sat more or less at bittrex before , and sell it at 1500 sat , then i wait for price dump to 1000sat , but it never come , not only SHIFT , always after i bought a coin , i want to sell it soon with little profit , but if the price dumped after i bought i will hold this coin till value become zero ... Huh
Don't day trade maybe?
member
Activity: 323
Merit: 19
Well it looks like the price hasn't dropped that much even though 18 BTC buy walls are gone. Good thing deposits are disabled...   
member
Activity: 70
Merit: 21
Wow. That's pretty bad...
hero member
Activity: 952
Merit: 502
What to do about the mistakes I often make,i always buy at a low point and sell it soon , but then i will find it has fly to the moon , but i have none. i bought SHIFT at 1100sat more or less at bittrex before , and sell it at 1500 sat , then i wait for price dump to 1000sat , but it never come , not only SHIFT , always after i bought a coin , i want to sell it soon with little profit , but if the price dumped after i bought i will hold this coin till value become zero ... Huh
member
Activity: 323
Merit: 19
@team.

All -team funds- were stolen last night. (keys were saved in cold storage) We stopped our codenodes and markets are halted for now. So Nano wallets won't work as well.
We will instruct our forging delegates how to proceed. There is no action required from holders. Your keys are safe as ever.



From their chat.

This true? I see nothing regarding this on other channels

It's true. 1 millions coins were stolen from the Dev team.They are in contact with Bittrex and the market there is stopped.There will be probably a rollback (hard fork).Hopefully this get's resolved asap!  

I see that the deposits are disabled, but you can still trade on bittrex. Bad luck, just when I thought we touched the bottom Sad

Anyways thanks for the info
hero member
Activity: 1088
Merit: 531
Free Crypto in Stake.com Telegram t.me/StakeCasino
@team.

All -team funds- were stolen last night. (keys were saved in cold storage) We stopped our codenodes and markets are halted for now. So Nano wallets won't work as well.
We will instruct our forging delegates how to proceed. There is no action required from holders. Your keys are safe as ever.



From their chat.

This true? I see nothing regarding this on other channels

It's true. 1 millions coins were stolen from the Dev team.They are in contact with Bittrex and the market there is stopped.There will be probably a rollback (hard fork).Hopefully this get's resolved asap!  
member
Activity: 323
Merit: 19
@team.

All -team funds- were stolen last night. (keys were saved in cold storage) We stopped our codenodes and markets are halted for now. So Nano wallets won't work as well.
We will instruct our forging delegates how to proceed. There is no action required from holders. Your keys are safe as ever.



From their chat.

This true? I see nothing regarding this on other channels
legendary
Activity: 1778
Merit: 1043
#Free market
@team.

All -team funds- were stolen last night. (keys were saved in cold storage) We stopped our codenodes and markets are halted for now. So Nano wallets won't work as well.
We will instruct our forging delegates how to proceed. There is no action required from holders. Your keys are safe as ever.



From their chat.
member
Activity: 323
Merit: 19
Slow accumulation is in order as the ask book is pretty thin. This is a mid/long term hold for us.

Please try to sum up all your thoughts in one post. Much appreciated
member
Activity: 115
Merit: 24
Slow accumulation is in order as the ask book is pretty thin. This is a mid/long term hold for us.
member
Activity: 115
Merit: 24
SHIFT has a vision of being a completely open and free internet, they’re ahead of the game and with less than a $100 mil marketcap they have great potential to grow.
member
Activity: 115
Merit: 24
Shift is actually the first ever Ethereum fork. The founder’s vision was to create a dApp platform more secure than Ethereum with a stronger network. There was no ICO. It's now a fork of the LISK platform.
member
Activity: 115
Merit: 24
Shift is the first decentralized application platform to develop an actual, working prototype for uncensorable web. Shift is essentially a leader in Web 3.0 - Cheaper, Uncensorable, and secure internet.

full member
Activity: 406
Merit: 104
could you list some of these competitors? If your thinking about tron or siacoin neither of them are really all that similar to shift, I think shift has the best general purpose approach. Ofc we must see how the team develops the platform

Lisk and SUB are the two competitors that come to my mind. There are a couple of new ones (I think one even had an ICO recently) but I can't remember their names.

No problem, sell if you are impatient. What they are building is complex and won't happen overnight. What they are building will deliver a great need for the world. I will hodl, I don't care about natural market fluctuations like the one we are currently in, it is good for purging the weak hands.

Yeah, Shift is one of my oldest coins and I've been waiting forever.
The same reason why I dumped Nexus. I just didn't see it having any real meaning anytime before 2019 and the development was crawling.
Waves is next in line. I've held Waves forever and while still giving a few times profit from when I bought them, compared to other coins, Nexus, Waves and Shift have disappointed me.
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