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Author Topic: Ethereum Classic attack  (Read 923 times)

dancoiner

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Ethereum Classic attack
« on: January 08, 2019, 03:16:13 PM »
The price of ETC is pulling back as a result of a recently reported attack that resulted in a series of blockchain history rewrites as coindesk reported here: https://www.coindesk.com/ethereum-classic-price-stumbles-amid-suspected-51-attack.
While ETC, the 18th largest cryptocurrency in the world by market cap, is not the worst performing cryptocurrency of the day, it is noticeably under-performing the other major cryptocurrencies.
At the time of writing, ETC is the only cryptocurrency out of the world’s 20 largest to report a 24-hour loss above 5 percent. For reference, bitcoin is reporting a minor loss of less than 1 percent today.
Have you ever seen any attacks of other major cryptocurriences and lost something?
What's your opinion about this attack? 

josephabad23

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Re: Ethereum Classic attack
« Reply #1 on: January 08, 2019, 03:22:30 PM »
This is confirmed attack on Ethereum classic, as we can see the price dump on exchanges because of this attack and damage the investors of this coin.

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trofim21

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Re: Ethereum Classic attack
« Reply #2 on: January 08, 2019, 10:53:17 PM »
This is very bad news for all investors, but I think that no one is immune from fraudsters so far they can rob any company. The main thing is that the project should compensate for the damage.

dancoiner

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Re: Ethereum Classic attack
« Reply #3 on: January 09, 2019, 01:14:46 PM »
This is confirmed attack on Ethereum classic, as we can see the price dump on exchanges because of this attack and damage the investors of this coin.

You didn't hurt by this attack I guess. How it can be confirmed?
Made specially for some hype over some related coins?

Synvc

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Re: Ethereum Classic attack
« Reply #4 on: January 09, 2019, 01:55:37 PM »
This is very bad news for all investors, but I think that no one is immune from fraudsters so far they can rob any company. The main thing is that the project should compensate for the damage.

Therefore, it is still careful when taking action so as not to suffer losses. losses incurred by the company are very large

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Bamzmeca

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Re: Ethereum Classic attack
« Reply #5 on: January 10, 2019, 02:44:33 AM »
I think this is only a game of big investors.
they make bad information to make people panic and sell their assets.
after the price drops, surely they will start buying in large quantities.
so is ETC now

dancoiner

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Re: Ethereum Classic attack
« Reply #6 on: January 10, 2019, 12:16:00 PM »
This is very bad news for all investors, but I think that no one is immune from fraudsters so far they can rob any company. The main thing is that the project should compensate for the damage.

How can you imagine the project is to compensate the damage?

Jk

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Re: Ethereum Classic attack
« Reply #7 on: January 10, 2019, 12:51:49 PM »
I think this is only a game of big investors.
they make bad information to make people panic and sell their assets.
after the price drops, surely they will start buying in large quantities.
so is ETC now
i agree with you. They just make a fud make situation market decrease. After decrease to much they buy again and make profit if market up.

jenica

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Re: Ethereum Classic attack
« Reply #8 on: January 11, 2019, 09:02:47 AM »
I think this is only a game of big investors.
they make bad information to make people panic and sell their assets.
after the price drops, surely they will start buying in large quantities.
so is ETC now
indeed it is one way to benefit them. all the ways they do it are only for profit.
if for me, the most important thing is to focus and maintain assets to get big profits in the future

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zuggu

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Re: Ethereum Classic attack
« Reply #9 on: January 11, 2019, 05:03:04 PM »
Last year, Bittrex delisted Bitcoin Gold following a similar incident which saw hackers steal over $18 million wroth of BTG.

OluwaTosin10

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Re: Ethereum Classic attack
« Reply #10 on: January 12, 2019, 10:35:59 AM »
Am not happy with the news calling it an attack

Those people are thieves, and frauds,
They should claim that it was stolen not attacked

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HokageSenpai

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Re: Ethereum Classic attack
« Reply #11 on: January 13, 2019, 07:56:39 PM »
I think this is only a game of big investors.
they make bad information to make people panic and sell their assets.
after the price drops, surely they will start buying in large quantities.
so is ETC now
Seems like cryprocurrency now also politicized as all fiats, isn't it?

Moonlight

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  • Re: Ethereum Classic attack
    « Reply #12 on: January 14, 2019, 04:27:40 AM »
    I think this is only a game of big investors.
    they make bad information to make people panic and sell their assets.
    after the price drops, surely they will start buying in large quantities.
    so is ETC now

    agree, with bad news falling prices they take the opportunity to buy in large quantities,
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    zuggu

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    Re: Ethereum Classic attack
    « Reply #13 on: January 14, 2019, 02:05:10 PM »

    dancoiner

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    Re: Ethereum Classic attack
    « Reply #14 on: January 14, 2019, 03:29:21 PM »
    I think this is only a game of big investors.
    they make bad information to make people panic and sell their assets.
    after the price drops, surely they will start buying in large quantities.
    so is ETC now

    really?
    I didn't even imagine it.
    Seems to be really dangerous game.

     

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