DAO/ Ethereum hacked - bitcoin price? - page 3.

RawDog

legendary

Activity: 1596

Merit: 1026

Quote from: CoinCidental on June 17, 2016, 04:42:39 AM

This is majorly serious shit..... Eth might not recover if there is a holes in their code that can lose $150 million dollars in an hour....

Still unclear what happened

Is it the DAO or eth that got drained?

Eth will recover for sure. But, they will see many similar attack vectors in the future just like this one. The quick way to learn about these is to lose $50 million in an actual attack. After a day or two of hard work, the patch is done. But, Eth is going to have many more attacks in its future. But at the end of the day it is totally going to blow bitcoin out of the water.

$50 Million - that sure is a big bounty.

randy8777

legendary

Activity: 896

Merit: 1000

just look at that massive btc dump bringing the price from $770-$780 to very low $700's. i don't think the panic has ended yet. i think we might very well see the price dive below $700 today or tomorrow.

CoinCidental

legendary

Activity: 1316

Merit: 1000

Si vis pacem, para bellum

This is majorly serious shit..... Eth might not recover if there is a holes in their code that can lose $150 million dollars in an hour....

Still unclear what happened

Is it the DAO or eth that got drained?

Snorek

legendary

Activity: 1400

Merit: 1001

I don't want to laugh at their misfortune, but that is exactly why I don't like altcoins. They are too unstable, too unpredictable and too risky.
It is sad that people instead of focusing on making the best digital currency even better want to waste time and effort on possible pump and dump altcoin schemes.

More Info about this case here: https://www.cryptocoinsnews.com/ether-price-plumets-ethereum-dao-may-be-hacked/

OmegaStarScream

staff

Activity: 3500

Merit: 6152

As you can see , those three coins who came from nowhere and bypassed all other altcoins are going down. They are simply a pure manipulation ..and here is how they went down in the last 24 hours :

gravitate

legendary

Activity: 1372

Merit: 1000

So the DAO is getting drained as we speak. 150 million investment into crypto gone just like that.

So how will this effect the bitcoin price?

Topic: DAO/ Ethereum hacked - bitcoin price? - page 3. (Read 3506 times)