Post
Topic
Board Speculation (Altcoins)
Re: [REP] Augur speculation
by
redsn0w
on 07/12/2016, 10:29:04 UTC
Ok so the real question here is,
do we buy into REP, ETH, FCT, XMR and the other coins that are getting dumped?
Which will bounce back and which will take a permanent loss due to their reputation being permanently damaged?

I dont understand your logic.

Someone who own a coin did not secured it enough to lose them.  What this has to do with coin reputation?  This only give reputation to this person who lost coins and  you would rather avoid him to store your coins.

The Hacker is also saying that he has the database of REP. dont know what sort of database...
so if REP has been hack we will expect more and more dumped coming from this coin and we can't chase what would be the bottom and for sure support coming from holders and investors will be shaken might be much better to stay away from its current situation.

Maybe the sale.augur.net database but I don't hink augur smartcontract/platform has been hacked, it's a problem of weak security of a single large rep holder (whale).
If augur platform was getting hacked and logically it will give a lot of impact for the ETH holders right now.
I may think if is it the personal hacked,

Yeh I've read that the rep whale was the specific target, social eng. + low security (he was using second verification with sms instead to use google authenticator 2FA). So the augur.net site has not been hacked and the list of those email addresses were taken from the slack channel (where basically all the email are visible).



Any chance of a rollback happening?  Grin

No, I don't think there will be any hard-fork to rollback the transactions Tongue.