[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y ] [Search | Free Show | Home]

Where is your god Vitalik now?

This is a blue board which means that it's for everybody (Safe For Work content only). If you see any adult content, please report it.

Thread replies: 204
Thread images: 27

File: deth.jpg (89KB, 500x500px) Image search: [Google]
deth.jpg
89KB, 500x500px
Where is your god Vitalik now?
>>
File: suicide_2439218f.jpg (14KB, 636x477px) Image search: [Google]
suicide_2439218f.jpg
14KB, 636x477px
>inb4 btc holders talking shit
>>
What happened?
>>
>>1314062
-22%
>>
Ether cucks on suicide whatch
>>
and some people are saying some hack happened i dunno about that tho
>>
File: Screenshot_2016-06-17-03-26-00.png (478KB, 1080x1920px) Image search: [Google]
Screenshot_2016-06-17-03-26-00.png
478KB, 1080x1920px
>>1314063
Gonna be a good time to buy back in i guess
>>
>>1314060
LOL ETH GOT HACK AND IS GETTING DRAIN./
1000 ETH IS LEAKING PER MINUTE.
SELL ETH NOW.
>>
DAO -50%

There's your 'halvening'.
>>
Polo currently locked out on trades.
>>
Holy fuck

Do I sell? Why is it crashing?
>>
File: 1369652443918.gif (3MB, 300x350px) Image search: [Google]
1369652443918.gif
3MB, 300x350px
COINSHITTERS ON SUICIDE WATCH
>>
Eth price leveled out
>>
if my ETH isnt in the DAO its safe right?
>>
>>1314075
kek

only one thing left to do. buy TRUMP
>>
>>1314097
https://www.coingecko.com/en/price_charts/ethereum/usd
>>
>>1314097
S-so are we safe? Is this just a passing storm?
>>
Wow dao and eth is getting hammered this could be the mtgox of ether
>>
>>1314105
there will be long term implications. This is very serious. If TheDAO was compromised how can Ethereum guarantee the security of its smart contract? Very sad day.
>>
File: file.jpg (21KB, 400x300px) Image search: [Google]
file.jpg
21KB, 400x300px
>>1314103
>mfw my stop-loss still hasn't hit yet
>>
>>1314102
>ethercucks trusted someone with that face

KEK doesn't quite cut it
>>
>>1314085
i know your trolling but i have to call you a pussy
>>
File: Pepe_de_Aguino.jpg (285KB, 889x1126px) Image search: [Google]
Pepe_de_Aguino.jpg
285KB, 889x1126px
I wonder if the hackers are the ones that have been pumping it?
>>
>>1314102
Literally the ugliest human being I have ever seen.
>>
File: image.png (2MB, 750x1334px) Image search: [Google]
image.png
2MB, 750x1334px
>tfw bought 1700 eth at 6 usd

I'm holding till eth is at 500$ you cucks
>>
It's recovering already, boys. Nothing to worry about.

This was simply a brief rough wave on our way to the promised land.
>>
>>1314122
Oh yeah, it's fine alright. Go ahead and buy. Buy the dip, motherfucker.
>>
>eth went down literally 5 dollars

wow its fucking nothing your just a bunch of pussys
>>
>>1314126
Eth down 30%, DAO down 70%. Keep talking.
>>
>>1314134

So what you cuck ? Maybe eth will drop to 8usd, maybe dao will go -90%

Just hold for a month or two until it recovers. Wait for them to give statements about how this attack reinforced their security.

Eth at 90 USD end of the year, u can screenshot
>>
Eth, DAO, and Lisk frozen on polo.
>>
This actually works in my favour; was looking at the ETH charts and suddenly it was 21, was only 13 like a week ago.

Still need some time to clear funds, sad to see this happening though. But i still have faith in the long term future and will enter this dip! :)
>>
File: mtpolo.png (21KB, 403x278px) Image search: [Google]
mtpolo.png
21KB, 403x278px
Its fucking over
>>
>>1314126
>>1314139
>>1314122
COPE
>>
>>1314139
Yeah, this isn't going to cast serious doubt on the whole technology, is it? Time to wake up, shills.
>>
File: 0810.jpg (371KB, 1200x1800px) Image search: [Google]
0810.jpg
371KB, 1200x1800px
>>1314139
>until it recovers
>>
didn't bitcoin get hacked to in its early days? it recovered too right.
>>
short short short short short
>>
>>1314157
Yeah kind of ,but it took about 2 years to recover I dont think eth is going to bounce back from this
>>
>>1314157
never been hacked
>>
>>1314162
A centralized and mismanaged exchange got hacked. Not the protocol.
>>
>>1314164
I know I just couldn't be bothered to explain ,as far as i understand ethereum hasn't been hacked just the dao so it's a similar scenario
>>
>>1314157
bitcoin didn't get hack. The exchange did. Bitcoin has been proven.

Eth the new tech, dao, got hack. It'll leave some bad rep for ETH as well since ETH/DAO is a pair.
Sooo it'll take a while for this recover if it recover at all.
>>
seems to have found a bottom atleast for now.
>>
Talk of hard forks going around. If they do it, Ethereum is dead. Not decentralized at all.
>>
File: spendingyourshekels.jpg (32KB, 512x512px) Image search: [Google]
spendingyourshekels.jpg
32KB, 512x512px
lol @ Tual trying to get users to ddos the ethereum chain so he can mount a "counter attack". It wouldn't surprise me if that greasy fuck wasn't in on the whole thing.
>>
>>1314178
"decentralized"
>>
File: .jpg (35KB, 660x330px) Image search: [Google]
.jpg
35KB, 660x330px
>how to kill a career in 1 day

ETH might be fine but this fairy is finished
>>
File: whereisyourgodnow.png (15KB, 999x125px) Image search: [Google]
whereisyourgodnow.png
15KB, 999x125px
>>1314183
>>
Guys in this time when Ethereum looks like it's going to crash and burn it helps to reaffirm belief by reading Vitalik's beautiful poetry regarding Ethereum

Truly we have not seen such a Renaissance man since Leonardo da Vinci

https://archive.org/stream/EtherealVerses/Ethereal_Verses#page/n5/mode/2up

The last page is a poem about the DAO, you see all of this was part of his beautiful plan. A beautiful mind with a beautiful plan.

In this moment of chaos, I am euphoric, not because of any phoney Bitcoin's blessing, but because I am enlightened by Vitalik's poetry
>>
How come Bitcoin is going down as well? I don't understand why they both seem to follow the same pattern
>>
>>1314200
Bitcoin had a correction earlier in the night unrelated to ETH
>>
>>1314200
bitcoin is a real big bubble I think
once it bursts itll stream into ethereum.

glad I sold my eth at 18,50 euros yesterday lmfao
>>
File: autism2.jpg (57KB, 567x561px) Image search: [Google]
autism2.jpg
57KB, 567x561px
>>1314199
>>
this is why you buy BTC folks.. It hasnt been hacked ever

ethercucks on suicide watch
>>
>>1314207
>stream into ethereum

Why?

CounterParty can do everything Eth can

Eth is just a meme motherfucker
>>
The fuck is going on? Why is everything dropping?
>>
>>1314175
Bitcoin has been hard forked before
>>
>>1314227
The dao got hacked and as is being drained as we speak.
>>
>>1314211

>It hasnt been hacked ever
What is Mt. Gox?
>>
>>1314227

http://www.businessinsider.com.au/dao-hacked-ethereum-crashing-in-value-tens-of-millions-allegedly-stolen-2016-6
>>
This is just the first stop on the pain train for eth. Once the reality that smart contracts and DAOs carry massive risk sets in people won't be so gung ho about the tech. That and just wait until all of that ill gotten eth starts getting dumped.
>>
File: volcom.jpg (16KB, 300x300px) Image search: [Google]
volcom.jpg
16KB, 300x300px
Your god Vitalik just called upon the exchanges to stop all eth trading. And thus, in one fell swoop, all the bullshit about how this tech is decentralized.. right out the window. Vitalik just sold his soul and showed his true colors right there.
>>
>>1314239
What is an exchange and not the coin itself
>>
>>1314260

Yeah, and ETH itself isn't compromised either. The DAO was.
>>
>>1314264
Bitcoin still hasnt recovered from mt gox
>>
>>1314275

I'm not saying ETH will fare any better.
>>
>>1314250
isnt it being sent to a burn address?
>>
>>1314121
THIS. It's like BTC all over again
>>
>>1314109
idk maybe by updating their code?
>>
>>1314287
Like BTC? when was the last time satoshi told exchanges to stop all trading?
>>
>>1314085
Because DAO got hacked.
>>
>>1314310
Until the next exploit? Turing Completeness is always going to be a security risk
>>
>>1314234
with a 1 billion+ market cap and calls to halt trading on exchanges by the creator(and largest shareholder)?
>>
>>1314165
>i understand ethereum hasn't been hacked just the dao so it's a similar scenario
It's true, but a great problem is that they are thinking of forking the underlying ETH to solve this "hack"... That could destroy some faith in ETH generally. Bitcoin was not forked in any way to recover Mt Gox funds.
>>
>>1314393
Here's Vitalik saying soft fork, followed by a hard fork:

https://www.cryptocompare.com/coins/eth/post/p_10295
>>
>>1314397
Glad to see Vitalik proving he is the boss of ethereum

Now we see why it was good for satoshi to call it quits when he did
>>
>>1314400
obviously it's a very big deal. It's a fucking disaster and hard choices are on the table.

People buying etherm right now are out of their minds. There is no way that major selloffs are going to stop anytime soon.
>>
>7500BTC in buy orders on poloniex
HOW DELUSIONAL CAN YOU BE
>>
>>1314175

Not ETH you tard, they talking about hard forking the dao. Ffs.

This is a problem with the dao, not ETH. Do your research plebs.
>>
>>1314359
He asked he didnt tell. Anyone is free to ask anything its free speech
>>
>>1314473
I think you're wrong. Etherm was taken, and the fork would be to recover that.
>>
Needs to rally more
>>
>>1314483
Yep, I'm right.

https://www.cryptocoinsnews.com/ethereum-to-hardfork-dao-to-be-dismantled/
>>
BUY THE FUGGING DIP

THERE'S BLOOD IN THE STREETS
>>
>>1314121
Qualité le saucisson.
>>
>>1314169

https://en.wikipedia.org/wiki/Bitcoin#Wallets

>In 2010, an exploit in an early bitcoin client was found that allowed large numbers of bitcoins to be created.[90] The artificially created bitcoins were removed when another chain overtook the bad chain.[91]
>>
>>1314536
Wait for the western hemisphere to panic sell
>>
It's only 6:40 here in Vegas, wait a bit for Cali to start panicking
>>
>current crypto holdings are worth $2000
>went to bed
>wake up
>$1700

CAN'T WAKE UP
>>
>>1314234
>>1314175
Relevant:
https://bitcointalk.org/index.php?topic=702755.0
>>
>>1314591
no pressure, just wait it out
to the moon
>>
>>1314058
The hacker was dumb as fuck. He should have recognized that there was no way he would get away with $11m in stolen crypto. He shod have sent the coins to some address like ETHIsDeadDumpNow and played the market
>>
>>1315241
That wasn't his intention most likely. He wanted to demonstrate that the crash is posible while shorting Ethereum and DAO on exchanges and making money that way, Those "stolen" funds will never be actually retrieved by the hacker, but the money made from shorting will be.

Meh, still long on Ethereum.
>>
>>1314199
I wish there was proof Vitalik had actually written this.
>>
Hello, I'm back :)

I'm the infamous shill hating nocoiner, btw. I made the picture in my OP, back in February, after being bugged to no end by etherm spam. I've taken great pleasure along the way in taunting mentally helpless shills, but now I've come back to reap my harvest.

How many times did you use the most predatory and underhanded tactics to push your coin on people, only to turn around and say "you're stupid if you didn't do your research" when you took them for their money. Well now.. how could you predict this disaster? I predicted it, literally hours before it happened. I said there are a dozen ways your coins could lose all their value overnight, leaving you with no recourse, and it remains true. What happened here is only one of the uncertainties that invalidate every statement about how the moon is inevitable for etherm or any crypto.

I say with great pleasure, suck it shills.
>>
>>1315346
I wonder what kind of glorious short position he had?
>>
>>1314073
How does that even happen?
>>
File: 1460094815308.jpg (54KB, 431x542px) Image search: [Google]
1460094815308.jpg
54KB, 431x542px
tldr:

A smart contract on the blockchain called The Dao, is like an investment firm that people purchased a stake in for Ethereum.

Someone found in the code that you were able to continuously try to split (basically take your stake) out and that the Dao would only check at the end of the transaction. So if you kept calling for a split before the previous one ended, you could split more than your stake was worth.

Someone did this and took est 60 million worth of ETH and it is not sitting in a split Dao, since due to the code, any split takes ~30 days to finalize before anything can be done. So all the funds taken are sitting in a dormant account atm.

Ethereum Foundation is proposing (must be voted) a soft fork (basically a change in how Ethereum works) to make it so that any transactions that were sent to that account where the 60 mil is are invalid so they don't happen. Then a hard fork will be made to change the Dao which will basically kill it and return everyone's ETH back.
>>
>>1316774
ctd

Note that the 'exploit' that was used was on The Dao smart contract, which is essentially a program that was made to run on the Ethereum Network.

A rough anaolgy would be if the Ethereum Network is a computer, and The Dao is a program that is made to run on that computer. People invested in The Dao, and the problem was found in The Dao program. It is only the funds that were invested in The Dao that are involved.
>>
thanks for the cheap coins suckers
>>
>>1316774
>>1316786
Good summation, Anon.

I really hope they try again with The Dao, I actually liked the concept.
>>
>>1316807
I was actually away from crypto for a while and just came back the other day when I heard BTC was at 750$. Never even heard of the Dao. It seems pretty insane that people were willing to invest so heavily into it without it being properly vetted.

Slock.it will probably see collateral damage from this as well.
>>
>>1316774
>decentralized Turing complete protocol
>Turing complete
>not easily exploitable
Saw this happen a mile away. You fucking smartasses deserve this so hard. God what a glorious feeling.
>>
So is this like the Mt. Gox hack, something that will be recovered from, or is it a happening hack that can't really be fixed?
>>
>>1316857
They released a soft fork, which would make it so that the person that took the funds cant do anything with them for now. It is up to the community whether or not to adopt the fork or keep on the main. Basically it is up to the community if they want to rescue the funds.

From the looks of it, it will be recovered with minimal disruption.
>>
File: 3239475698_54c011e8e1.jpg (107KB, 384x349px) Image search: [Google]
3239475698_54c011e8e1.jpg
107KB, 384x349px
>>1315824
List of altcoins that weren't pump and dumps which eventually faded away into obscurity:

I like watching people fall for scamcoins while sitting on my triple digit btc stack
>>
>>1316912
Is btc still expected to grow?
>>
File: 7681532164474.png (624KB, 920x816px) Image search: [Google]
7681532164474.png
624KB, 920x816px
>>1314102

Good advice anon
>>
>>1314058
>Muuh block chain smart contracts
Kek get rekt
>>
If they're going to let DAO token holders withdraw their ether, at what rate is it to be withdrawn?
Are you able to only withdraw the Eth you originally put in? Or are you able to withdraw Eth based on all the DAO tokens you currently hold?
>>
>>1316973
That's the thing, it's confirmed ethereum is a shitty pre-mined IPO scamcoin thats not even decentralized

When this 100 lb drug addict autist can demand exchanges shut down trading to prevent a mega dump you know it's time to sell

The group of eth shills that are responsible for pumping this shitty scamcoin are pretty much drained of btc and fiat by now, 90% of people holding eth are weak hands because its just a shitty get rich quick scheme, nobody has any faith in eth anymore, etc

Expect this shitcoin to slowly go to zero with the pump grouping desperately trying in vain to inflate the price

Rip in peace eth
>>
You mad bro?
>>
>>1314097
yah it leveld aroudn zero kek
>>
Get your ETH before it plummets to zero, folks. Vitalik has too much of a heavy hand on this. The damage control and COPE is over the roof, with this Slav scamcoin

Let DAO burn like Mt.Gox. Free markets FTW
>>
how do I sell ETH for usd i just realized i dont actually know how
>>
Just so you guys know, the thief (if you can call him that) doesn't even need the Eth he "stole". A 3000 btc short was made just before the attack. They made their millions off of the crash. Hardfork will kill Eth and is a disaster for the exchanges. Heres a link to the chat log between exchange heads and the Eth team during the time of the hack. Its a good source of info. http://pastebin.com/aMKwQcHR
>>
>>1317036
Some must be trampled for others to use the bodies to walk on water.
>>
>>1314286
Yeah. Soft fork was already proposed to disable the account hacked funds were sent to. There is no reason anyone should have a problem with this; the funds were ill gotten gains, so disabling the account is the right thing to do.

Hard fork is being proposed to make token holders whole on the eth they lost. That should not be allowed to happen. Those people invested without properly reviewing the smart contract code, which makes them stupid and/or negligent, neither of which necessitates giving them their money back.
>>
>>1315830
Indeed. That's gotta be one hell of a ride if he did that.

Yobit, leverage a couple hundred eth 40x as it fell from 21 to 14? That's some real fucking shit right there.
>>
>>1316973
No one will be able to withdraw anything yet, I think they are just changing DAO to just let people take out what they invested.

>>1317028
>>1316995
VB never demanded anything, he offered a solution and it is up to the community to decide what we do.
>>
>>1317115
He told exchanges to fucking halt trading, so eth holders couldn't dump his Scamcoin

Stop trying to shill for this pile of shit

Nobody in their right mind would want to hold a centralized scamcoin like eth, have fun being at the mercy of vitalik, jew bankers, corporations, and other cocksuckers

Myself and a shitload of others are going to mock you ethcucks relentlessly as we watch the price go to zero
>>
>>1316932
Is this a joke question or what?

Bitcoin is the only crypto non-retards put their money in
>>
File: o.jpg (39KB, 600x450px) Image search: [Google]
o.jpg
39KB, 600x450px
Buy ETH they said ;_;
>>
>Cryptocurrencies

NOT
EVEN
ONCE
>>
>>1317184
>things poor people say
>>
>>1317185
>its secure, they said
>its better than "real money", they said

haha, cry harder
>>
>>1317189
pic related, it's you and other nocoiners
>>
>>1317192
Isn't everyone that had their coins hacked now a nocoiner?
>>
>>1317135

How much do I short?
>>
>>1317198
kek'd
>>
>>1315346
>>1315830
>>1317232
Which places can I use to short?
>>
>>1317246

just did one on polo a few hours ago
>>
Im guessing everyone started shorting as soon as the hack happened and ETH price dropped right?
>>
>>1317260

Of course

Shorting at this point is saying you think eth can't recover
>>
>>1317274
Had i known how to short I would have shorted ETH as soon as i heard the news about the attack
>>
>>1314149
This is nothing compared to MtGox, and look at BTC now.
>>
>>1314259
Doesn't this prove that its decentralized?

He has no power, and he just had to make a recommendation. Exchanges could completely ignore him.
>>
Bottom is @$13.78
>>
>>1317371
MtGox had nothing to do with technology though,

ETH on the other hand is infested with bugs
and you can D'OH yourself if you're not careful with your programming.
http://hackingdistributed.com/2016/06/16/scanning-live-ethereum-contracts-for-bugs/
>>
Its time to buy
>>
>>1317427
Yeah, it's always time to buy according to you assholes. House of cards, watch it fall.
>>
If i buy extra DAO and they allow withdraw of eth from the DAO, does all the DAO tokens i now hold get exchanged? Or only the tokens exchanged during presale
>>
>>1317448
I just bought my first coin
>>
How is ETH not dead?

Is it only being kept afloat by greater fools?
>>
>>1317451
I was kind of wondering that myself. Maybe one of you crypto geniuses can tell me. Also, how much is going to be returned per DAO when they lay theDAO to rest?
>>
File: () bitcoin vs. south seas 2.png (16KB, 760x439px) Image search: [Google]
() bitcoin vs. south seas 2.png
16KB, 760x439px
>>1317459
All Crypto is shit, every single coin. just buy and flip asap
>>
>>1317455
How's that going for ya?
>>
>>1317469
Just sold it. so fine I guess
>>
>tfw you didnt short before all the americans were waking up
>>
>>1317478
short it now its still in free fall mode
>>
>>1317459
Because it's not Eth itself that was hacked, it was the DAO. The smart contract people put their Eth into.
You don't abandon the dollar in it's entirety because you gave yours to a dodgy investor. Or abandon cash because the bank you put it in got robbed.

Not the best analogy but Im not clever enough to come up with another.
>>
>>1317484
how much you shorting brah
>>
>>1317487
but they want to soft fork and even hard fork

thus ruining the whole point of ETH
>>
>>1315824
But wht if we bought at .001 usd?
>>
>>1317489
Playing at bounce game. I expect it to halve, then real bounce or dead cat either way, I'll be in and out quick. Hard to call the bottom, maybe it fines some support around 10$, though you never know how much momentum will be behind the free fall.
>>
I fucking hate crypto as an asset but if anything goes on sale I am buying it.
>>
>>1317493
Well, in that case, you're a liar.

But hypothetically speaking.. hope you sold at $20.
>>
>you exchanged all your ETH to BTC right before the crash
>>
>>1317492
Yes, they're considering it. If they hard fork, ETH dies.
I dont think they will. I think they'll allow the withdraw of Eth from the DAO and the DAO will be left to die.
>>
>>1317501
>tfw swapped half my BTC to ETH 5 mins before the hack
>>
>Ethcuck cope
>As if this doesn't affect BTC

Hey dummies. The general public thinks "cryptocurrency" got hacked, which in their mind means Bitcoin since it's the most recognizable. Have you checked some of the comments on mainstream articles?

This hurts everyone in crypto. MOST of the population doesn't know shit about it, so they instantly make assumptions... and that road leads to BTC.

Crypto reputation, including BTC, is affected whether you like it or not.

If you write bad about ETH, you're hurting your own coin. Get it?
>>
File: flat,1000x1000,075,f.jpg (122KB, 1000x667px) Image search: [Google]
flat,1000x1000,075,f.jpg
122KB, 1000x667px
Can we talk about the speed at which this coin is collapsing, not even touching the sides as it free falls.
>>
>>1317516
This is my thread and I have never bought a single goddamn coin. I'm entertained when you guys start tearing at each other, so have at it.
>>
>>1317531
I know, isn't it great? ^_^
>>
File: laughing-bitcoincucks.jpg (54KB, 969x596px) Image search: [Google]
laughing-bitcoincucks.jpg
54KB, 969x596px
Cryptocucks on suicidie watch!
Cope "altcoiners" - more like shitcoiners. This is the end of cryptos, and everyone knew it would end like this. All shitty basement dwellers lost their McJobs money, while real men trade stocks and CFDs for indexes.

At the same time I gained 20% in last week over Brexit fears shorting stocks. Be deluded over your virtual, nonexistent "coins" and leave the real market for real men.

Fucking kids.
>>
>>1317536
New low for ETH, and plunging.
>>
>>1314058
"Buy the dip", cucks, come on keks!
>>
>coinlets getting BTFO
>Bitcoin is captain KING
>>
Who shorted this POS?
>>
>>1317541
>new low

How do you figure? It was sub $10 only a month ago and is currently $13
>>
>tfw bought 10ether @26AUD
It was weird, I told myself to wait a day and buy during the guaranteed volatility but thought "fuckit" and just went ahead witht he purchase.

I'll be alright though, In a few months it'll be back at $25 AUD
>>
lel. It's going to be $2 soon.
ITS OVER FOR ETH
>inb4 it's bouncing back up
>tfw it's a trap.
>>
>>1317539
Fucking kids right. My btc up 200percent this couple of months. Enjoy your mediocre 7percent yields per year. Leave the true trading to people with actual balls
>>
>>1317556
I mean in the current carnage.

>>1317557
Sure it will. You're basing that on.. what, again?
>>
>>1317557
WOW you're gonna learn a valuable lesson, I'm proud of you and it's only gonna cost you 260AUD.
>Learning to take an ass beating
>>
>>1317557
No, now you buy another 10 and average your losses down.
>>
>>1317560
You had $10, and now you got $20. Good for you.
>>
>>1317565
Legit what I'm thinking.
>>
>>1317566
Yeh nah. $25 cunt
>>
>>1317568
Color me BTFO.
>>
>>1317567

First time i bought ETH was mid-hype when it hit 0.03 back in March. I then watched it fall as low as 0.015
I bought down multiple times until I averaged my losses @ 0.022 and watched it rise back to 0.03

Problem is, you need balls and a strong stomach. Watching thousands of dollars disappear to pump-n-dumps gets a bit sickening the first time.
>>
has anyone used a loan % of less than the default 2% on polo for margin trading?
>>
>>1317179
>a person who's country sold their own people
>a person who's country has the most loved president
I don't know anon, i don't know...
>>
>>1317421
Jesus christ read your own article. There's nothing wrong with eth the platform.

The issue is with poorly written smart contracts. They're two separate things. Yes, they are intrinsically linked. No, a bad contract doesn't make eth worthless on its own. For fucks sake, I'm tired of all these retards who don't understand the platform acting like eth is doomed because of this hack. This is a Mt Gox situation, not a failure of the blockchain itself.
>>
>>1317451
If dao withdrawal is allowed (big if), it will be at presale prices (so 100 dao tokens = 1 eth), if I'm not mistaken.

This is a big if; lots of people, including most miners (who are the ones that matter in this voting process) have no intention of implementing a hard fork to repopulate the dao account with eth.

My personal opinion as a miner is to allow the dao to fail; the fact that we're even considering staining the platform to save the dao means the dao is too big. If it's allowed to continue existing, it's going to be only a matter of time before this happens again, and the long view here is that forking now indicates that it's possible, with sufficient pressure, to create a small centralized group of people within the platform to push through various changes to the platform and its broader user base.
>>
>>1317780
Right but if all the practical uses of etherm are tied to these smart contracts, then the platform itself is in fact called into question with this exploit. In the public mind anyway, I mean the rise of eth has been predicated on hype, as much as anything, so it's an issue of trust, and right now that trust is in a shattered state. Reminder that Vitalik called for exchanges to freeze trading of etherm, to stop the free fall, that $3.5 million etherm are missing. That's over 4% of the entire market cap. And now, we're talking about modifying the blockchain to "undo" the "bad" transactions. For a platform that is predicated on and sold as decentralized, it doesn't bode well.

Will it recover, I don't know. Do I know the future? No, and neither do you. Just go ahead and keep buying it if you want.
>>
>>1317567
Don't do it yet. Keep shorting until the hard fork (27 days). I'll consider buying when we know if the fork will be implemented. If no, I'm in. If yes, I'm out (and done mining).

Fucking thedao retards may have just cucked the whole coin for good.
>>
>>1317791
You're right, and I ashe there's a lot of uncertainty right now. As a miner, my only hope is that most don't adopt the hard fork. The soft fork sets a dangerous precedent too, though, so who knows what the future holds.

I'm currently shorting, and will continue to until the hardfork is proposed; if it's accepted, I'm out for good. It was a mistake to let the dao get so big, rescuing them from their own greed is stupid.
>>
>>1317796
Fair enough. I'm not in the eth game obviously, but I agree that for the best chance of eth recovery, the fork should not done. Even then I would expect significantly slowed growth and lowered value for some time.
>>
File: kTlduqE.png (460KB, 781x675px) Image search: [Google]
kTlduqE.png
460KB, 781x675px
>>1317788
Good luck, by not enforcing hard fork you allow someone to take 3 mils of eth and let it to dump anytime
>>
>>1317806
Soft fork already takes care of that (the funds are in a child dao rt now, soft fork locks those funds).

The real question is whether we make thedao retards whole. If that happens I'm out. If I wanted to bail out stupid investors I'd just hold usd.
>>
>>1317844
>Soft fork already takes care of that
No, it doesn't. Who the fuck told you that? After 27 days the attacker would have access to them and could bride the miners to move the money where he wants to.
>>
>>1314393
Not to mention Mt Gox had virtually nothing to do with Bitcoin as a protocol. It's the exchange that failed, not the protocol.
>>
guys its a chickens game now who will dump first for the real ETH crash to start.

smart money is moving into other alts already

monero, bitshares, nxt, nmc, even ltc
>>
File: Waves Platform.png (193KB, 500x229px) Image search: [Google]
Waves Platform.png
193KB, 500x229px
>>1314058
The guy on the right is my GOD.

>Sasha Ivanov
>Wavesplatform

Any questions?
>>
>>1314120
Youve never looked in the mirror kek?
>>
Thanks to the nature of smart contracts, the "hacker" has a legal right to his acquired ether.

They have no right to steal his ether away from him, which is so hilarious I can hardly contain myself while writing this.

The hacker's own open letter:
http://pastebin.com/CcGUBgDG

ETHER IS OFFICIALLY FINISHED. IT'S OVER. THE STUPIDITY OF ITS LE TURING COMPLETENESS HAS BEEN DEMONSTRATED.
>>
>>1318317
Just because he says something is legal doesn't mean it is.
People have been jailed for completely retarded shit that's then labelled hacking, like weev.
>>
>>1318317
>The hacker's own open letter:
reddit fags confirmed fake, the signature can't end wiht 0x32
It's true though.
>>
>>1321226

can you explain how the signature shit verifies it's legitimacy? this is being splattered across the exchanges in the past hour and would be the icing on the cake of this autism festival

http://pastebin.com/sF2CqBJH
>>
>>1321598
>>1314058

This is why I'm sticking with BTC/LTC/TRUMP. Not going to deal with this autist bullshit
>>
>>1321622

agreed about btc, the other two are just shitcoins with no future like ETH the cuckfest.
>>
>>1321598
The only autist around here is you. That is just a sad attempt by someone to steal further 40 btc from idiots like yourself. Properly signed message means that we would know with 100% certainty that the message was sent by the owner of the account that stole the ether.
Thread posts: 204
Thread images: 27


[Boards: 3 / a / aco / adv / an / asp / b / bant / biz / c / can / cgl / ck / cm / co / cock / d / diy / e / fa / fap / fit / fitlit / g / gd / gif / h / hc / his / hm / hr / i / ic / int / jp / k / lgbt / lit / m / mlp / mlpol / mo / mtv / mu / n / news / o / out / outsoc / p / po / pol / qa / qst / r / r9k / s / s4s / sci / soc / sp / spa / t / tg / toy / trash / trv / tv / u / v / vg / vint / vip / vp / vr / w / wg / wsg / wsr / x / y] [Search | Top | Home]

I'm aware that Imgur.com will stop allowing adult images since 15th of May. I'm taking actions to backup as much data as possible.
Read more on this topic here - https://archived.moe/talk/thread/1694/


If you need a post removed click on it's [Report] button and follow the instruction.
DMCA Content Takedown via dmca.com
All images are hosted on imgur.com.
If you like this website please support us by donating with Bitcoins at 16mKtbZiwW52BLkibtCr8jUg2KVUMTxVQ5
All trademarks and copyrights on this page are owned by their respective parties.
Images uploaded are the responsibility of the Poster. Comments are owned by the Poster.
This is a 4chan archive - all of the content originated from that site.
This means that RandomArchive shows their content, archived.
If you need information for a Poster - contact them.