Tau-Chain and Agoras Official Thread: Generalized P2P Network - page 139.

BoscoMurray

sr. member

Activity: 450

Merit: 250

Quote from: Pofick on April 02, 2016, 04:12:03 AM

What should I do with my coins on bittrex to be fine?

Provided that you did not buy your coins from the thief who dumped them at a low price, you don't need to do anything. You will automatically be allocated your fair and correct share of new tokens (I think).

It is only those people who had low priced buy orders and inadvertently bought from the thief who need concern themselves with what might happen to their coins. Although, it is a concern to us all, since it affects the value of our legitimate holdings.

rocanonz

full member

Activity: 131

Merit: 100

It must be in the interest of all the legitimate buyers to come together to a common conclusion ASAP.
The bank argument vs. crypto doesn't hold up. Even in crypto-space, means to do justice must be found.

If you buy a stolen car and you are found, are you still entitled to own the car or you should return the property and be compensated?

Pofick

hero member

Activity: 600

Merit: 511

What should I do with my coins on bittrex to be fine?

lordoliver

legendary

Activity: 1666

Merit: 1020

expect(brain).toHaveBeenUsed()

I thought about it again.
I try to summarize the numbers (please correct me, if something is wrong):
42.0M Tokens
05.0M IPO sold Tokens
09.5M stolen Tokens but curently not sellable
00.5M stolen Tokens dumped at lower price and are eligible for a later dump below IPO price.

So we see that the guy sold about 10% of the IPO tokens. So ohad said he would give 10% more coins to compensate it.
But even if ohad managed to distinuish the coins and gave everyone else 10% more new tokens, it would still look like this:
42.0M Tokens
05.5M IPO sold Tokens
00.5M stolen Tokens sold at lower price and are eligible for a later dump below IPO price.

so the stolen coins selling percentage shrank 1%... there is nearly no difference...
If BITTREX does not manage to rollback the trades. The only reasonable possiblity is to buy the coins somehow back.

BoscoMurray

sr. member

Activity: 450

Merit: 250

Quote from: ohad on April 01, 2016, 04:22:24 PM

i suggest we first come up with a method that prevents loss to all buyers. then, if we can do some cosmic level justice, that'd be great, and that's what tau is about. still preventing loss is more important than preventing profit.

at any case if it'll be decided to pay the bitcoins back to the buyers of the 500K, i'll pay that.
problem is we don't know who are they all, while we cannot discriminate between them.

Bittrex could give you a list of addresses that the coins are withdrawn to, and the average price those people paid.

Those users could send their Agoras to a burn address that you control. When you receive them, confirm they do actually come from said address, and pay them their BTC in return.

Maybe a little work for Bittrex and you - in fact, I don't know if this is even possible. Just an idea.

honesthodler

newbie

Activity: 2

Merit: 0

Quote from: kirby9058 on April 01, 2016, 09:34:45 PM

Quote from: elliwilli on April 01, 2016, 01:23:34 AM

the coin is no good to him/her/them so it us just stupid to keep it

EDIT, the guy who said he got dumped on what happens his coins?

you are euzen who was selling 500k tokens below market price
i sold you this account elliwilli and now you are pretending to be a honest user
i can give proof if someone wants

shame on you man Angry

lurk of this sub for quite some time and also holder of agoras token, but have to agree with user kirby9058. His account activity looks fishy. Take some time and look at his post history; Trying to lend 10btc with an altcoin @34006 as collateral. Account was inactive from nov. 2015, that person wrote with English tongue, this guy is not.

EDIT: fixed broken link

DecentralizeEconomics

legendary

Activity: 1162

Merit: 1042

White Male Libertarian Bro

Quote from: richiela on April 01, 2016, 11:30:26 AM

Quote from: ?? on ??

Quote from: mishax1 on April 01, 2016, 09:55:02 AM

Bittrex not willing to cooperate and rollback the trades? Don't trade there..

I will second that. And somehow the crap keeps piling up on Bittrex. Made so many bad experiences over there, I am fed up.

Sorry, but we are an exchange and did exactly what we are designed to do. It is not our fault that someone sold legitimate coins here that you want to invalidate. Do as you please, but I'm not going to do things that are detrimental to our system and users.

richie@bittrex

Well, I guess that's one opinion on the situation, but I'll wager to say that the majority of honest individuals don't view stolen coins as "legitimate coins".

kirby9058

newbie

Activity: 50

Merit: 0

Quote from: elliwilli on April 01, 2016, 01:23:34 AM

the coin is no good to him/her/them so it us just stupid to keep it

EDIT, the guy who said he got dumped on what happens his coins?

you are euzen who was selling 500k tokens below market price
i sold you this account elliwilli and now you are pretending to be a honest user
i can give proof if someone wants

shame on you man Angry

yournotsosmart

newbie

Activity: 1

Merit: 0

Quote from: ohad on April 01, 2016, 04:16:15 PM

Quote from: Shield on April 01, 2016, 03:33:45 PM

Looks like hacker read my message, I see a recent transaction on 14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR
https://blockchain.info/tx/8d28f45701eaa4d54fd5450cfc67d0cb50049e5e6df5802b5e05b3c03290d348

lets wait Ohad for update, I hope all 20.5m coins were returned

only 10M http://omnichest.info/lookupadd.aspx?address=14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR

i ty send more 10 mills and wont send they ask for high bitcon fee

cryptoman77777

hero member

Activity: 2744

Merit: 530

https://moon-bot.com

Bittrex does not bring back stolen tokens?!
this is a disaster!

ohad

hero member

Activity: 897

Merit: 1000

http://idni.org

i suggest we first come up with a method that prevents loss to all buyers. then, if we can do some cosmic level justice, that'd be great, and that's what tau is about. still preventing loss is more important than preventing profit.

at any case if it'll be decided to pay the bitcoins back to the buyers of the 500K, i'll pay that.
problem is we don't know who are they all, while we cannot discriminate between them.

ohad

hero member

Activity: 897

Merit: 1000

http://idni.org

Quote from: Shield on April 01, 2016, 03:33:45 PM

Looks like hacker read my message, I see a recent transaction on 14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR
https://blockchain.info/tx/8d28f45701eaa4d54fd5450cfc67d0cb50049e5e6df5802b5e05b3c03290d348

lets wait Ohad for update, I hope all 20.5m coins were returned

only 10M http://omnichest.info/lookupadd.aspx?address=14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR

yuyu123

newbie

Activity: 40

Merit: 0

Quote from: ohad on April 01, 2016, 01:34:05 PM

friends, the show must go on.
let's reach a consensus or i'll have to simply send all new tokens except the 20.5M.
the exchange suspension strongly harms the project.
let's have a deadline until tomorrow in midnight GMT (~30 hours from now)

I still hope Bittrex will cooperate with us to distinguish the stolen tokens from the legitimate one, and receive for them BTC instead of replacement IDNI tokens, but if not, Ohad can send Bittrex replacement IDNI tokens only for the legitimate tokens (not for the 500,000 stolen tokens) and the holders of the stolen tokens (I guess, less than 10 users) can contact Ohad to request him the bitcoin amount they paid for the stolen tokens.

yuyu123

newbie

Activity: 40

Merit: 0

Quote from: mishax1 on April 01, 2016, 03:02:29 PM

Quote from: richiela on April 01, 2016, 11:30:26 AM

Quote from: ?? on ??

Quote from: mishax1 on April 01, 2016, 09:55:02 AM

Bittrex not willing to cooperate and rollback the trades? Don't trade there..

I will second that. And somehow the crap keeps piling up on Bittrex. Made so many bad experiences over there, I am fed up.

Sorry, but we are an exchange and did exactly what we are designed to do. It is not our fault that someone sold legitimate coins here that you want to invalidate. Do as you please, but I'm not going to do things that are detrimental to our system and users.

richie@bittrex

These are your users, we all trade and used to trade on your platform, get your priorities straight.

Richie,

Did you considered my second suggestion, here:

https://bitcointalksearch.org/topic/m.14385736

It is not required a roll-back, and it is very easy to implement. The stolen token are held by 10 users maximum. You can exclude them from the automatic replacement process and handle their accounts manually. I am not seeing why it is a problem to do it.

Shield

sr. member

Activity: 333

Merit: 250

Quote from: Shield on April 01, 2016, 02:58:39 PM

If hacker is reading my message(I am 100% sure he is Wink

)

Those tokens are useless for hacker, so better he give them back to Ohad to save time of Ohad and others.if he do refund then it can solve the issue a bit.
according to this post
https://bitcointalksearch.org/topic/m.14378761

436478.75 AGRS in hand of users who are ready to cooperate
so if Ohad gets those 20.5M (from hacker) and 436478.75 AGRS (from buyers) back then he get almost all of them back expect <0.15% tokens that were sold to unknown buyer.

Now its upto hacker what he want to do, keep those useless tokens or give them back to save time of developer and others

tokens can returned to original address that is used to distribute them
14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR

Looks like hacker read my message, I see a recent transaction on 14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR
https://blockchain.info/tx/8d28f45701eaa4d54fd5450cfc67d0cb50049e5e6df5802b5e05b3c03290d348

lets wait Ohad for update, I hope all 20.5m coins were returned

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: richiela on April 01, 2016, 11:30:26 AM

Quote from: ?? on ??

Quote from: mishax1 on April 01, 2016, 09:55:02 AM

Bittrex not willing to cooperate and rollback the trades? Don't trade there..

I will second that. And somehow the crap keeps piling up on Bittrex. Made so many bad experiences over there, I am fed up.

Sorry, but we are an exchange and did exactly what we are designed to do. It is not our fault that someone sold legitimate coins here that you want to invalidate. Do as you please, but I'm not going to do things that are detrimental to our system and users.

richie@bittrex

These are your users, we all trade and used to trade on your platform, get your priorities straight.

Shield

sr. member

Activity: 333

Merit: 250

If hacker is reading my message(I am 100% sure he is Wink

)

Those tokens are useless for hacker, so better he give them back to Ohad to save time of Ohad and others.if he do refund then it can solve the issue a bit.
according to this post
https://bitcointalksearch.org/topic/m.14378761

436478.75 AGRS in hand of users who are ready to cooperate
so if Ohad gets those 20.5M (from hacker) and 436478.75 AGRS (from buyers) back then he get almost all of them back expect <0.15% tokens that were sold to unknown buyer.

Now its upto hacker what he want to do, keep those useless tokens or give them back to save time of developer and others

tokens can returned to original address that is used to distribute them
14gF3Up7wdRdkxAL4GgQLdnM8CThgDUSHR

Shield

sr. member

Activity: 333

Merit: 250

this user EuZeN recently trying to sell 500K tokens at cheap price
https://bitcointalksearch.org/user/euzen-111788

as well the theif's address belongs to this wallet
https://www.walletexplorer.com/wallet/11c3fbaa1e320d19/addresses

it can help you to find who was hacker,If you need more help about this I can spend some of my free time to help you guys
A quick investigation shows he is a proven scammer and ponzi operator on bitcointalk

jrpatking

full member

Activity: 126

Merit: 100

Simply burn/devalue the stolen coins. Asking bittrex to rollback is not a good option. The team must act quickly. This is one of the nicely traded coin with great support. It should start trading soon. Many holders are trying to sell in Marketplace and face suspicion from buyers.

ohad

hero member

Activity: 897

Merit: 1000

http://idni.org

friends, the show must go on.
let's reach a consensus or i'll have to simply send all new tokens except the 20.5M.
the exchange suspension strongly harms the project.
let's have a deadline until tomorrow in midnight GMT (~30 hours from now)

Topic: Tau-Chain and Agoras Official Thread: Generalized P2P Network - page 139. (Read 309768 times)