DAO Attacker Ready To Dump 3.6m ETC!!

cleverlittleme

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Quote from: jacaf01 on July 26, 2016, 01:48:46 AM

Quote from: ArticMine on July 25, 2016, 06:03:15 PM

Which could create an interesting buying opportunity if it is dumped hard. The time to buy is when there is lots of blood on the streets.

These hackers are not stupid, I know there is more he wants to proof

But maybe he is just out for money.
Then he would sell, and I would watch, maybe buy a little.

bbc.reporter

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Would it be a possible scenario for the attacker to buy ETH with his ETC in Poloniex and then dump the ETH for BTC? There is this possibility that the attacker is not after pure profit but is after the Ethereum fork because he wants to prove a point. He could be a bitcoin loyalist and wants to show Vitalik who is the boss.

jacaf01

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Quote from: ArticMine on July 25, 2016, 06:03:15 PM

Which could create an interesting buying opportunity if it is dumped hard. The time to buy is when there is lots of blood on the streets.

These hackers are not stupid, I know there is more he wants to proof

kennyP

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Quote from: ArticMine on July 25, 2016, 06:03:15 PM

Which could create an interesting buying opportunity if it is dumped hard. The time to buy is when there is lots of blood on the streets.

very true, the rightful 'heir' to the house of ETH going for peanuts ... maybe the DAO hacker is behind ETC himself ... ETC could be an elaborate parachute for the hacker

European Central Bank

legendary

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he can only sell once. and I don't see how it can be pulled off. every exchange is gonna watching the relevant addresses super closely. anyway, let's sit back and see what happens. it'll be one hell of show no matter what.

Cast12

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Quote from: Minecache on July 25, 2016, 05:59:57 PM

If you bought or are mining ETC then get out before the 27th July as the DAO attacker takes possession of 3.6m ETC which, let's face it, he will dump immediately to cash out any ill gotten gains he can from Ethereum Classic - the only chain that supports the attacker.

Remember ETC is undeveloped, unsupported, open to double spend and replay attack vectors, in addition to the DAO attackers dump. The price and hash rate has collapsed making it even more insecure. Do not risk your money.

Do you have any proof of this? I'd like to see some.

Minecache

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Lol. When he dumps his ETC then buy in folks as much as you can't. You never had better opportunity. Lol.

Meanwhile in the real world ETC price and hash rate collapses.

http://fork.ethstats.net

BestWebCreator

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:)

Quote from: Minecache on July 25, 2016, 05:59:57 PM

If you bought or are mining ETC then get out before the 27th July as the DAO attacker takes possession of 3.6m ETC which, let's face it, he will dump immediately to cash out any ill gotten gains he can from Ethereum Classic - the only chain that supports the attacker.

Remember ETC is undeveloped, unsupported, open to double spend and replay attack vectors, in addition to the DAO attackers dump. The price and hash rate has collapsed making it even more insecure. Do not risk your money.

I would say it is their own mistake since the devs should have made the code more safe. When it is dumped very hard, more people will buy in cheap and hope for a rise. It is an unpredictable situation, who knows what is going to happen, it is the same as gambling.

Ethertrader1

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Quote from: ArticMine on July 25, 2016, 06:03:15 PM

Which could create an interesting buying opportunity if it is dumped hard. The time to buy is when there is lots of blood on the streets.

So true. Many opportunities could arise.

ArticMine

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Which could create an interesting buying opportunity if it is dumped hard. The time to buy is when there is lots of blood on the streets.

Minecache

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If you bought or are mining ETC then get out before the 27th July as the DAO attacker takes possession of 3.6m ETC which, let's face it, he will dump immediately to cash out any ill gotten gains he can from Ethereum Classic - the only chain that supports the attacker.

Remember ETC is undeveloped, unsupported, open to double spend and replay attack vectors, in addition to the DAO attackers dump. The price and hash rate has collapsed making it even more insecure. Do not risk your money.

Topic: DAO Attacker Ready To Dump 3.6m ETC!! (Read 653 times)