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Topic: COINDASH - Future of trading - Token Sale 17th July 2017 - page 41. (Read 198721 times)

sr. member
Activity: 266
Merit: 250
We need Vitalik or the Ethereum Alliance or both to step in because otherwise ETH will dump and nobody will ever buy any ICO which equals death of Ethereum.

THE next DAO Wink
newbie
Activity: 8
Merit: 0

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.

Would it decrease the value? Think about it; a hacked company which refunds money out of their own pockets. The down side is that they got hacked initially and that harms their trustability.

They are not refunding money though. There refunding tokens that are not worth jack shit if people can't trust the security of their platforms. If they were to refund the 7 million in ether then sure, maybe people could start moving past it. For now they're refunding us with worthless tokens.

That is why they need to do something to make them have a worth.
Reduce the 12million cap, to 3million now that they've lost 7million. Devs shouldn't be trusted with any more than that.
Burn some tokens, out of the security developers wallet would be the best start since he is shit  Cheesy this will help with weighting out the negative news and hopefully create a stable demand when listed on an exchange.

Burning tokens would help, but don't get me wrong, I agree with everyone else that the value is definitely going to be impacted short term. However, the reality is that most of these ICOs, including the responsible ones, are raising multiples of what any comparatively sized startup in Silicon Valley raises at their stage of growth. There's no way a team this small at this stage should have a burn rate of 1M+ a month, so rationally speaking the next six months to a year are pretty much going to go as though the hack never happened.

That said, it's not like crypto markets behave rationally, so I don't expect that to be the general outlook. On top of that, it's not even crazy not to trust a trading platform that can't secure their own shit, so I'm not entirely hopeful that this project survives this, just pointing out that there is a way where they still can succeed, but it's going to be a Herculean task to pull off and I'm not sure they're up for it.
sr. member
Activity: 519
Merit: 250
vetherasset.app
We need Vitalik or the Ethereum Alliance or both to step in because otherwise ETH will dump and nobody will ever buy any ICO which equals death of Ethereum.
newbie
Activity: 5
Merit: 0
there was a warning on the forum but propably no one even notice that https://bitcointalksearch.org/topic/m.20159646

and the trophy scam of the year goes to......
newbie
Activity: 4
Merit: 0
Almost invested in this as my first ICO but got cold feet after researching... glad I trusted my gut but feel bad for those who lost.

Even if they give you the tokens, I suspect this incident will scare enough investors away that they will be fairly worthless.  Hope I'm wrong.

The "correct" address is up on their Twitter now, but I can't imagine anyone sending them any money after this.
full member
Activity: 187
Merit: 100
Either way project is dead and the value of the tokens will decrease once it hits exchanges anyway.
full member
Activity: 210
Merit: 101
Any store can buy, sell, and accept Crypto
FOOLISH  ... Why people still expect so much and look forward to getting coins ? Even if you get coins what will be its worth .... do you think this company can cope up that big loss and carry out the development plan as per there published agenda.

Ask for REFUND. Period. We don't need another shitcoin in market.
full member
Activity: 322
Merit: 102

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.

Would it decrease the value? Think about it; a hacked company which refunds money out of their own pockets. The down side is that they got hacked initially and that harms their trustability.

They are not refunding money though. There refunding tokens that are not worth jack shit if people can't trust the security of their platforms. If they were to refund the 7 million in ether then sure, maybe people could start moving past it. For now they're refunding us with worthless tokens.
full member
Activity: 126
Merit: 100
What the hell happened here? For how long the fake address was up on the website?
The website is shutdown now. And I only know that $7.1 mil gone!
full member
Activity: 140
Merit: 100

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.

Would it decrease the value? Think about it; a hacked company which refunds money out of their own pockets. The down side is that they got hacked initially and that harms their trustability.
sr. member
Activity: 518
Merit: 261
this project is now fucked up .. I hope people will get their token , but then, who will trust them ? who will trust guyz that are not able to secure a simple website ?? 
sr. member
Activity: 476
Merit: 252

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Good to know, now I wait and see what you will really do...
newbie
Activity: 35
Merit: 0
No need to discuss anything. As long as they don't find a way to get the ETH back from the "hacker" this project is done (worthless).
sr. member
Activity: 266
Merit: 250

GUYS WEBSITE IS HACKED! Don't send your ETH!!!

Wait for the announcement of the address

So all the funds which have been sent now are gone to Hackers?

Who will pay back those to the investors? This is a big mistake before crowd sale launch.No security was taken into consideration.
No one will be interested in these investments, the price will be  shit
sr. member
Activity: 296
Merit: 251
Wow what a crazy morning to wake up to. I hope everything gets worked out for the best. I also hope the hackers were not very careful and left a trail to be tracked. we will see in the coming hours.
newbie
Activity: 8
Merit: 0

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


Pleases? Really? What a bunch of amateurs you are. And you expect people to actually deposit funds to a trading platform when you can't even protect a simple front-page from hacks?

I'm still skeptical but if this is true, no need to really be a dick here. If it's not a scam they're probably working overtime to try to assuage fears and a typo on bitcoin talk is an absurd thing to get pissed about. Again though, this only stands so long as they keep their word.

While the hack will definitely cast a shadow over the ico and lower the initial price short term, I also think that if they handle this appropriately in the next few hours and reallly deliver, the long term value will remain. I won't lie and say I wasn't planning on potentially selling ico coins when they hit the exchange, but I also liked this project enough such that I plan to buy back in once the initial exchange dump happens to hold long term if they can fix this mess.
hero member
Activity: 887
Merit: 500

GUYS WEBSITE IS HACKED! Don't send your ETH!!!

Wait for the announcement of the address

So all the funds which have been sent now are gone to Hackers?

Who will pay back those to the investors? This is a big mistake before crowd sale launch.No security was taken into consideration.
legendary
Activity: 1344
Merit: 1001

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


THX

This just got interesting

LOL who cares about stolen ETH, you all will get your CDT pfff Tongue It will be worth much for sure Grin
member
Activity: 72
Merit: 10
What the hell happened here? For how long the fake address was up on the website?
legendary
Activity: 1540
Merit: 1002

CoinDashers, soon we will get the site back and release our official announcement about what just happened

Everyone who participate, both with the right & fraud address will get his CDT

Pleases be patient as we are trying to make things clear


This sounds great I was worried about my money on which address I invested it is confusing for me. But this statement made me relaxed I will get my coins for investment into this project.
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