Re: [ANN][VRC] | VeriCoin | POS - NSDI | VeriBit | VeriSend | VeriSMS
You have gone nuts man. We are to blame mintpal got hacked? I have heard it all now.
If everyone didn't leave massive amounts of coins on mintpal to day trade with, then we wouldn't be entertaining the idea of rolling back the blockchain. So yes. You're all to blame, whether directly or indirectly, you're to blame.
... along with mintpal for storing 8million coins in a hot wallet.
No exchange, no price and coins with no value. Have to applaud your brilliant accusations against the victims of this theft.
I'm saying DON'T LEAVE YOUR COINS THERE. I'm not saying exchanges should cease to exist. Although in fairness, the only exchanges should be p2p exchanges. But alas, one can dream.
Read what you want to read, believe what you want to believe... but don't for a second try to suggest that what I'm saying doesn't make sense.
If nobody leaves coins there, the exchanges will cease to exist. You are right, what you are saying doesn´t make sense.
And this is not about reading or believing, this is only logical. But please go on and throw some more dirt at the victims.
The exchanges would still exist. How can you not see this? Exchanges live off the fees gathered through trading, not from people leaving their coins in exchange wallets. It's REALLY fucking simple:
1) Go to exchange
2) Deposit to exchange
3) Make a trade = exchange gets fees
4) Withdraw from exchange
Everybody wins.
You'll notice I did say that MintPal was ultimately to blame. But the users who kept their funds there should not be absolved from blame. This has happened time and time again. How have they not learned by now?