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Topic: [SNT] Official Status Network Speculation - page 74. (Read 157586 times)

newbie
Activity: 7
Merit: 0
theres a conspiracy!
ethereum foundation and etherscan.io secretly plotted to drop the network during each high profile ico
ico is let in only if it pays them some  Lips sealed
 Grin
full member
Activity: 182
Merit: 100
Money loves speed
Quote
And not one word from the Status team about this debacle...

I'm sure they are too busy popping champaign celebrating becoming crypto billionaires. They don't give a f*ck about us.

Screw Status, hope it fails miserably.

YES, I'm sour, but at this point I'm happy my tx didn't go through.
newbie
Activity: 28
Merit: 0
Is there anyone that knows a little more about how Ethereum works? Will the transactions that say "Unable to locate Transaction entry" maybe still go through or are they lost in the ether?

The transactions that did go through are those that contributed heavily during the bug-fixing 'event' since they apparently got some kind of a pass that allowed them to guarantee participation. That was all published on the blog way in advance. I know people around here don't actually read up before investing which is what causes this mess.


People read up before you invest for once.. https://blog.status.im/status-network-token-issuance-ad877b79a10

So almost half of the coins were sold to people who "got some kind of a pass"? That does seem like some form of insider trading.

@adam1230 Exactly.
legendary
Activity: 1218
Merit: 1001
Is there anyone that knows a little more about how Ethereum works? Will the transactions that say "Unable to locate Transaction entry" maybe still go through or are they lost in the ether?

Your transaction is in the queue and will likely be there for a while.

The transactions that did go through are those that contributed heavily during the bug-fixing 'event' since they apparently got some kind of a pass that allowed them to guarantee participation. That was all published on the blog way in advance. I know people around here don't actually read up before investing which is what causes this mess.

All of the transactions that are being rejected have faulty instructions in them. The majority have more than 50 Gwei as their gas price (somehow basically everyone uses 57 Gwei which is too much). Others use less than 200000 gas which causes their TX's to run out of gas during the contract execution.

All of these faulty transactions are simply choking the network which is why no that set the right parameters is able to contribute. (50 Gwei and 200000 gas)

TLDR: If people actually knew what they were doing we wouldn't be in such a mess every time an ICO happens.

People read up before you invest for once.. https://blog.status.im/status-network-token-issuance-ad877b79a10

You honestly think that the 14000+ people that have gotten screwed so far by this ICO did not do that? Most of them did EXACTLY what they were supposed to do and only 82 ETH addresses have gotten through. The reason for this is what you need to be posting. Why have 82 ETH addresses been able to invest $40,000,000 and the rest of us been screwed so far? Can you answer that for me?
newbie
Activity: 17
Merit: 0
styca thank you very kindly for your words. most disappointment though is that I don't have any SNT now. no more cry, i work towards tomorrow ugh
sr. member
Activity: 560
Merit: 250
A total of 14137 transactions found.  That crashed the network.  Wow!  Shit, Coinbase can handle that.
jr. member
Activity: 39
Merit: 1
I think this ICO is BS. Something fishy going on here... Whales definitely heavily favored in this. One transaction for 25K ethers (almost $9 million) went thru!
https://etherscan.io/tx/0x882120a7b723d33e6bd285ddc59f109186c6593902b5d8062a8d5721c8dadd4b

Gas Price:
0.0000002 Ether (200 Gwei) Huh
full member
Activity: 322
Merit: 102
Is there anyone that knows a little more about how Ethereum works? Will the transactions that say "Unable to locate Transaction entry" maybe still go through or are they lost in the ether?

Your transaction is in the queue and will likely be there for a while.

The transactions that did go through are those that contributed heavily during the bug-fixing 'event' since they apparently got some kind of a pass that allowed them to guarantee participation. That was all published on the blog way in advance. I know people around here don't actually read up before investing which is what causes this mess.

All of the transactions that are being rejected have faulty instructions in them. The majority have more than 50 Gwei as their gas price (somehow basically everyone uses 57 Gwei which is too much). Others use less than 200000 gas which causes their TX's to run out of gas during the contract execution.

All of these faulty transactions are simply choking the network which is why no that set the right parameters is able to contribute. (50 Gwei and 200000 gas)

TLDR: If people actually knew what they were doing we wouldn't be in such a mess every time an ICO happens.

People read up before you invest for once.. https://blog.status.im/status-network-token-issuance-ad877b79a10
sr. member
Activity: 1078
Merit: 354
I am so disappointed in myself rn, can someone please try to cheer me up and tell me that they've lost eth trying to get into an ICO before? It was a difficult time getting in and I lost focus, I don't know how I got tricked :/ I'm quite unhappy about the situation, it's "only" a couple eth but i feel devastated. someone tell me a horror story

I've seen plenty of posts from people who cashed out huge quantities of ETH at $10 or bitcoin at $100. They've lost way more.
Everyone makes mistakes; no-one follows the absolute best path at all times. You're not the first one to fall for something like this, and won't be the last.

You could look at it as being quite lucky that it only cost a couple of ETH, and you'll be much more aware of scams from now on. I'd try to take the positives, it could have been way worse, and a lot of people have lost a lot more than that by either buying high and selling low, or else just cashing out at the wrong time.
member
Activity: 118
Merit: 100
Mine is pending right now: https://etherscan.io/tx/0x2f31b99a39f1ed7c5475f70c650de3d8dd49fb7333057c805b787867fc65e7a4
I thought they had someway to block high gas prices. The max gas price in the site was only a suggestion, then?

Welp my transaction got "refreshed" (The age got one hour lower) and now it just vanished out of thin air.
I guess the network just won't deal with that amount of transactions.

This happened to me too during the bancor ICO. I think they should just allow any mining fee size in future and let people pay the miners more if they really want in. I really don't like this max gas price model they are doing.
full member
Activity: 182
Merit: 100
Money loves speed
I think this ICO is BS. Something fishy going on here... Whales definitely heavily favored in this. One transaction for 25K ethers (almost $9 million) went thru!
https://etherscan.io/tx/0x882120a7b723d33e6bd285ddc59f109186c6593902b5d8062a8d5721c8dadd4b
newbie
Activity: 52
Merit: 0
well, it may be a good idea to keep our ETH safe....

the ICO is 100% jamming

newbie
Activity: 28
Merit: 0
And not one word from the Status team about this debacle...

Those, blaming ETH network, where is your logic?
You are desperately trying to invest in a network that relies on ETH network to be functioning.
At the end you are trying to send your money to ETH network too, but blame it how shitty it is...  Grin

Well, we are just finding out about the true nature of the Eth network.  Wink
newbie
Activity: 17
Merit: 0
Mine is pending right now: https://etherscan.io/tx/0x2f31b99a39f1ed7c5475f70c650de3d8dd49fb7333057c805b787867fc65e7a4
I thought they had someway to block high gas prices. The max gas price in the site was only a suggestion, then?

Welp my transaction got "refreshed" (The age got one hour lower) and now it just vanished out of thin air.
I guess the network just won't deal with that amount of transactions.
full member
Activity: 238
Merit: 100
^_^
Those, blaming ETH network, where is your logic?
You are desperately trying to invest in a network that relies on ETH network to be functioning.
At the end you are trying to send your money to ETH network too, but blame it how shitty it is...  Grin
newbie
Activity: 25
Merit: 0
im using mew, 200000 gas limit and 49 gwei but an error message keep coming up saying my gas price is too low. Anyone having same problem?
full member
Activity: 238
Merit: 100
^_^
Fuck this ICO. walking away for 10 hours. by then i expect ANSWERS.
Isn't every ICO like this? At least MEW didn't crash during this one.
Mona.co's ICO went flawlessly, I would say. At least, for me.
newbie
Activity: 17
Merit: 0
I am so disappointed in myself rn, can someone please try to cheer me up and tell me that they've lost eth trying to get into an ICO before? It was a difficult time getting in and I lost focus, I don't know how I got tricked :/ I'm quite unhappy about the situation, it's "only" a couple eth but i feel devastated. someone tell me a horror story

how did you lose your eth?

I think I sent to contribute-status.im address? I messed up, not looking good. I did not send to address of the ICO it appears. I don't know how this happen but its obv I get trick like moron
newbie
Activity: 28
Merit: 0
And you can check Token contract: https://ethplorer.io/address/0x744d70fdbe2ba4cf95131626614a1763df805b9e
Total Supply    1,238,204,436.356892 SNT
..
Holders    76

No.1 has 300m SNT, so crazy  Shocked

So all the talk about not letting whales dominate this ICO was bullshit? They just white listed some preferred addresses?

This ICO is a complete joke and a super frustrating experience. Kind of sad and also kind of funny.

It would be amazing if this ICO would crash Ethereums evaluation.
sr. member
Activity: 392
Merit: 250
How do we check how much they have received so far so I can see if the iCO is over?
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