Ninjastic
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Board Announcements (Altcoins)
Re: [ANN][X11] NinjaCoin PoW/PoS LAUNCHED - Ninja Launch - 29 GH/S reached - Bittrex
by
fonzerrellie
on 16/06/2014, 17:57:46 UTC
Quote from: zsnorbi on June 16, 2014, 05:44:59 PM
Quote from: kotwica666 on June 16, 2014, 05:41:08 PM
Quote from: notsofast on June 16, 2014, 05:23:11 PM
Quote from: kotwica666 on June 16, 2014, 05:12:52 PM
Quote from: richiela on June 16, 2014, 04:59:33 PM
Quote from: JohnBirco on June 16, 2014, 04:36:40 PM
Quote from: cecilbdemented on June 16, 2014, 04:22:56 PM
I compiled the new source code on my Mac.  Deleted all files except wallet.dat and reopened, but it seems to be stuck on block 14000.
Yes, this is what must be done. Just KEEP YOUR WALLET.DAT and remove everything else.
Start the new wallet and we are on block 14000, or maybe 1 or 2 more.

Bittrex and pools should update, we are on a new fork. All what has been done after block 13999 is cancelled, don't panic.

This is an unfortunate case where the dev screwed up and/or screwed us all.

We will NOT be taking a fork of this coin.  The damage is already done here.  Our systems worked as designed and our balances match including checking the moneysupply.  I would like to remind everyone that Bittrex is an exchange.  Our responsibility is to ensure that when you trade xxx A for yyy B, that it happens safely.  We do not police what is being traded.

Again, we will not be taking a new wallet or fork of this coin.  The damage done is irreparable and would have been after the first trade.  The market will remain open and we will let this die its natural death like so many coins before it.

Thanks
richie@bittrex


So, in this words, You want to say that this situation can happen with any coin on Bittrex and You don't care about that?

Yeah, this can happen with any coin on Bittrex or not on Bittrex-- part of the risk of cryptocurrencies, such as they are. If you don't like exposing yourself to risks like these, you don't have to mine, invest, or trade.

I'm sure Bittrex cares that this happened, but it's not their responsibility. Their responsibility is to let you execute trades in a reliable way, not to take on any of the risks involved when you do that.

In the particular case of NJA, nobody at Bittrex could have known any sooner than anyone else that the oversupply was a mistake, a planned surprise by the dev, a coordinated scam, or whatever. It is not Bittrex's job to police the code of each new shitcoin beyond initial due diligence to see whether it's worth providing a marketplace for trading, and maintaining the flow of that trading.

I know what is responsibility, but i see that Bittrex have own interpretation of responsibility.

Why Bittrex didn't stop trading when on market comes such HUGE deposits? This is control of deposits? In my interpretation of responsibility this is mistake! HUGE mistake of Bittrex.



Bittrex has nothing to do with this. They were doing what they are meant to be exchanging that's all. Dev fucked up the POS and greedy users fucked up the price. Blame them bittrex should not be blamed in this situation. There is no exchange from the ones i know that would be prepared for such a fuckup

Exactly If people weren't so greedy that they actually went to bittrex with their obviously bad/mistake coins to sell them and screw us all.

as much as I'm pissed about the f#ck up in the code/math of pos by the dev... the a$$holes who knowingly sold their bad coins on bittrex are the real con artists here.

anywho I'll keep my eye open for a working windows wallet fix, we could always get on allcoins or somewhere after dust settles and we know everything's fixed.