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CoinDash’s ICO Website Has Been Hacked

financemagnates.com

31–40 of 255 posts

Re: CoinDash’s ICO Website Has Been Hacked

#31
post #16

Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?

Greed.

Re: CoinDash’s ICO Website Has Been Hacked

#32
post #19

Either the average blockchain startup is unbelievably amateurish re. security or this was an inside job. I suspect the latter but the former does not surprise me one bit.

Isn't most of the IT field unbelievably amateurish re. security? Just look at the bi-monthly releases of user lists from major companies.

This is why I think wide adoption of cryptocurrency is a bad idea. Complete computer security is nearly impossible (I want to say completely impossible but I'll end up in an endless debate about single use offline computers printing out paper wallets).

Re: CoinDash’s ICO Website Has Been Hacked

#33
post #16

Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?

https://www.youtube.com/watch?v=M_3T-Af57Pg

Re: CoinDash’s ICO Website Has Been Hacked

#34
post #16

Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?

What are you talking about? The dollar loses to inflation every year. A 1990 dollar is $1.87 in 2017 dollars.

Meanwhile, a June 2017 ethereum is 2 etherium in July 2017 ethereum…

Re: CoinDash’s ICO Website Has Been Hacked

#35
post #16

Where's the news?! Why do people continue to bang heads against the wall with this madness? Unless you're a thief, how is the craptocurrency thing better than my credit card that's insured from unauthorized use and gives me a cash back?! Yeah, you can't speculate with credit cards, and get rich quick, because $1 = $1 like forever, but isn't that what the real investment tools are for?

Greed.

Greedocurrency is a much better name, right!

Re: CoinDash’s ICO Website Has Been Hacked

#37

Earlier quoted context omitted.

What are you talking about? The dollar loses to inflation every year. A 1990 dollar is $1.87 in 2017 dollars.

I think GP means that if you have $100 in your bank it'll still be there tomorrow, not randomly erradicated by volatile swings in the market or stolen with no way to get it back. That said this is only true if you have faith in your government.

[deleted]

Re: CoinDash’s ICO Website Has Been Hacked

#38

Earlier quoted context omitted.

What are you talking about? The dollar loses to inflation every year. A 1990 dollar is $1.87 in 2017 dollars.

I think GP means that if you have $100 in your bank it'll still be there tomorrow, not randomly erradicated by volatile swings in the market or stolen with no way to get it back. That said this is only true if you have faith in your government.

But when has government betrayed that faith (in recent times, say after WWII)?

Re: CoinDash’s ICO Website Has Been Hacked

#39
post #30

> CoinDash's Token Sale page was tempered... Now reads "tampered", but "tempered [sic]" would seem to have been appropriate if really was the message sent to investors. Funny how the subheadline had the typo before as well.

This is the sort of email you don't spend a lot of time spellchecking.

Re: CoinDash’s ICO Website Has Been Hacked

#40

Earlier quoted context omitted.

What are you talking about? The dollar loses to inflation every year. A 1990 dollar is $1.87 in 2017 dollars.

I think GP means that if you have $100 in your bank it'll still be there tomorrow, not randomly erradicated by volatile swings in the market or stolen with no way to get it back. That said this is only true if you have faith in your government.

Right, but it can also be frozen due to the whims of the bank, garnished by the IRS, taken by wire fraud...

Obviously cryptocurrencies are sharp tools, but they're stronger financial primitives than what we have. We just need to use them to rebuild the consumer-facing components.

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