Quote from: lavalampoon on July 24, 2017, 07:36:01 AM

Clif High's prediction for a high VERI price on July 24th isn't looking so good, perhaps the web bot data actually suggested a strong drop. Sucks for me, I put a lot into VERI this past week.

People who have been buying the VERI tokens that a "hacker" sold on EtherDelta should consider that Reggie may have just lost his financial incentive to continue the project. Then again, what else would Reggie actually do after investing so much into this? We'll soon see the core of his passions by whether he endures.

Hmm, what kind of organization would have the ability to hack 2FA twice? Who would have the incentive to slam VERI just a day before high price expectations set by Clif? It seems an individual hacker would have waited a day in case of higher prices (assuming that he/she follows Clif High). It seems a corporate or government agency would have the most incentive to slam VERI a day before high expectations. I do not presume that any government actually works for our interests, neither collective nor individual. May this be designed as yet another excuse for our masters to crack the whip for more regulation of our affairs "for our own good"?

Another possibility should also be considered. Do we know if Reggie actually had more than hopes and dreams to sell us? We might not know because only people that signed an NDA were allowed to know the details. A scenario that investigators must consider is that Reggie invented a hacker story for a token liquidation, tax write off, and reasonable excuse to exit the project. Which erc20 wallets use 2FA? Why wasn't Reggie using a hardware wallet for amounts so great? Hopefully Reggie didn't pull a Danny Brewster (NEOBEE) on us as he joins his relatives in Jamaica with couple million worth of crypto. Such concerns come from painful experience.

Andreas Antonopoulos is one of a couple advocates of NEOBEE that lost some credibility when Danny Brewster had lied and disappeared. I wonder if Clif High, Bix Weir, and Joe (jsnip4) will likewise lose followers from this. The Populous token already lost a lot of value along with VERI. The elevated prices of many markets could be affected by this theft. Confidence has been shaken.

I suppose one positive is that more VERI would actually circulate if the project endures.

Clif's twitter prediction was simply "... 'good news' for @veritaseum on/about the 24th!" (give that +/- 3 days).

18K tokens out of 100M is a drop in the bucket. It sucks, to be sure, but hardly a significant impediment to the project.

Hopefully the perpetrator will be tracked down and punished.