COINDASH - Future of trading - Token Sale 17th July 2017

[dz4505]

next question that will fuck you...
if you are collecting just 80000 ether what u make with the rest of the token that dont sell? oh im sure u will dump them after the ico at any exchange

if most tokens bought without bonus u will have at end over 100.000.000 tokens over

Oh..you keep getting better.....the sale is not over until all coins are sold or 28 days will pass.

Why don't you contact me in PM and we will settle a bet about which one of the above will come sooner .....

I knew I shouldn't have invested when i saw the above using a representative account for a personal pissing contest.  Fuck you.

[ocminer]

Dear CoinDash contributors,

... bla bla bla ....

https://www.coindash.io/

I think everything will be all right....
Let's wait ..

[BlockHedge]

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

Unfortunately it seems there's no good solution for all here. The people who sent to right address will have to compensate the ones who didn't is basically what the team is saying. Don't know, maybe it's better to just give ETH back, but than there are no tokens for the people who got scam address.    

No that's not right! The people who sent to the right address should be refunded instantly due to the fact that the team have their ETH available right now! That ETH should be given back to their rightful owners. Those who sent to the fake address will be compensated with CDT tokens.

What an absolute shit show this has become.

Your solution makes no sense.  If CoinDash refunds ETH to the Whitelist, they will have no funds to actually create the product rendering CDT absolutely worthless instead of just largely reduced in value (as it is currently).  Your solution also implies that those who sent to the incorrect address on the OFFICIAL website are at fault and should just be screwed over.  This would make the CoinDash team look even worse by giving their friends and angel investors (whitelist people) full refunds and quitting on the general public who invested.  Not smart.

Project is DOA.  Who the fuck is going to trust these clowns with financial information. 

Refund the whitelisted folks so at least some of us make it out of this shitstorm.

Several exchanges have been hacked and have had funds stolen and they are still fully operational, as they made their clients whole.  If CoinDash creates a unique and solid project, and hires some decent security people to fix their issues - why should they be any different?  It is easy in the immediate aftermath to write this entire project off as a complete failure and dead - and many will sell their tokens at a large loss.  But maybe we shouldn't just all sell out immediately.  I judge a team on their performance after true adversity strikes and how they move forward and overcome.  Unfortunately the CoinDash team has a monstrous mountain in front of them now.  How they react from here will reveal their true colors.  They need to be 1) as transparent as possible, 2) show how they were hacked and what they will do to fix the security issues, 3) work twice as hard to overcome the obvious reputation problem they are going to have with half the funds they were hoping for, 4) be as patient as saints with all the venom that is about to come there way.  

[dz4505]

That is huge amount $ 7 millions were stolen from the ICO money through that hacking. Team has secured only $ 6.5 millions. It is big big loss but team's statement on official site is very encouraging as they will keep the project up with remained money in hands. Everyone will get paid this is highest example of professionalism.

NO, because doing this they will damage all!

They should use their 6.5 million to refund the 7 million stolen.

Unfortunately it seems there's no good solution for all here. The people who sent to right address will have to compensate the ones who didn't is basically what the team is saying. Don't know, maybe it's better to just give ETH back, but than there are no tokens for the people who got scam address.    

No that's not right! The people who sent to the right address should be refunded instantly due to the fact that the team have their ETH available right now! That ETH should be given back to their rightful owners. Those who sent to the fake address will be compensated with CDT tokens.

What an absolute shit show this has become.

Your solution makes no sense.  If CoinDash refunds ETH to the Whitelist, they will have no funds to actually create the product rendering CDT absolutely worthless instead of just largely reduced in value (as it is currently).  Your solution also implies that those who sent to the incorrect address on the OFFICIAL website are at fault and should just be screwed over.  This would make the CoinDash team look even worse by giving their friends and angel investors (whitelist people) full refunds and quitting on the general public who invested.  Not smart.

Project is DOA.  Who the fuck is going to trust these clowns with financial information.  

Refund the whitelisted folks so at least some of us make it out of this shitstorm.

Several exchanges have been hacked and have had funds stolen and they are still fully operational, as they made their clients whole.  If CoinDash creates a unique and solid project, and hires some decent security people to fix their issues - why should they be any different?  It is easy in the immediate aftermath to write this entire project off as a complete failure and dead - and many will sell their tokens at a large loss.  But maybe we shouldn't just all sell out immediately.  I judge a team on their performance after true adversity strikes and how they move forward and overcome.  Unfortunately the CoinDash team has a monstrous mountain in front of them now.  How they react from here will reveal their true colors.  They need to be 1) as transparent as possible, 2) show how they were hacked and what they will do to fix the security issues, 3) work twice as hard to overcome the obvious reputation problem they are going to have with half the funds they were hoping for, 4) be as patient as saints with all the venom that is about to come there way.  

I don't know about number 4.  Did you see that arrogant dipshit of a community manager?

And that guy is part of the team.  Its ran by 13 years old.  

[reebokasss]

when it will hit exchanges?? want to sell my coins and buy back much cheaper!!! ))

[RobbieDK]

https://il.linkedin.com/in/ram-avissar-adv-cpa-20482b84?trk=pub-pbmap

So he works for two companies.
And he is hyping his own coin.

But is this something wrong?

[johhnyUA]

Several exchanges have been hacked and have had funds stolen and they are still fully operational

because people are stupid creatures.  But greedy and arrogant.  They DON'T WANT to understand that they were scammed.

Unfortunately the CoinDash team has a monstrous mountain in front of them now.  How they react from here will reveal their true colors.  They need to be 1) as transparent as possible, 2) show how they were hacked and what they will do to fix the security issues, 3) work twice as hard to overcome the obvious reputation problem they are going to have with half the funds they were hoping for, 4) be as patient as saints with all the venom that is about to come there way.  

I wonder if they agree to return money to investors if they will ask about it. If no, they will be real scammers.

[cryrpt777]

Guy I sent eth to hackers address.

Should I fill out this form?
https://docs.google.com/forms/d/e/1FAIpQLSfhsgw__FlDwv3J0BQsZCW_4IH6OSJQz_VPXX0wa98WffajOw/viewform

[reebokasss]

i think we wont get more information today... such a many people wants to dump CDT when it hits the exchange.. uhhh

[join2]

Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team


https://www.coindash.io/

I think everything will be all right....
Let's wait ..

Is this bad news with us?
Can we bounty?

[Dvd1989]

Wondering when the people who sent eth to the fake address will receive their CDT.

[Piston Honda]

ALL ABOARD THE FAIL BOAT!! 

[Z-Chain]

Wow that was disappointing.....

https://motherboard.vice.com/en_us/article/zmvg58/hacker-allegedly-steals-dollar74-million-in-ethereum-with-incredibly-simple-trick

[4hajs]

Guy I sent eth to hackers address.

Should I fill out this form?
https://docs.google.com/forms/d/e/1FAIpQLSfhsgw__FlDwv3J0BQsZCW_4IH6OSJQz_VPXX0wa98WffajOw/viewform

where did you get that from??

[CoinDash HQ]

Guys If you sent ETH to the hacker address, please fill this form

https://docs.google.com/a/coindash.io/forms/d/13S2gbsO2eHcqk7MmAwLF9Ky1k4E7EUE9jnry79GR50U/edit?ts=596cfbdf

[johhnyUA]

Guys If you sent ETH to the hacker address, please fill this form

https://docs.google.com/a/coindash.io/forms/d/13S2gbsO2eHcqk7MmAwLF9Ky1k4E7EUE9jnry79GR50U/edit?ts=596cfbdf

I have one question. Can i get refund my money if I've sent it to right address?
I don't want your tokens, i want my ETH back.

[blueangel01]

Guy I sent eth to hackers address.

Should I fill out this form?
https://docs.google.com/forms/d/e/1FAIpQLSfhsgw__FlDwv3J0BQsZCW_4IH6OSJQz_VPXX0wa98WffajOw/viewform

Yes fill it up. They cannot hack you just by telling them your address and transaction Hash. All the information required can be found in the etherscan without opening your wallet. if you know your address. People should get a ENS so they can check their wallet constantly without opening or memorizing their address. You can search my address https://etherscan.io/enslookup?q=gildarsh.eth for example.


It is unfortunate but this hacking happened because of their "White list" that sounds like racist. It puts other people who does not belong in the whitelist to be like a 2nd rate citizen. Other ICO in the past are able to provide the ETH address 2 days before the ICO. People are able to verify the contract of the ICO publicly before the ICO started. But since there is a Whitelist, they could not publish the address just to give unfair advantage to their "Early Supporters." Therefore, it created an opportunity to the hacker to hacked the website just after the timer started.  As an investor who missed out on the other iCO because it finishes so quickly, we did not bother checking the address. We just add the address and send it immediately without even checking the address if it is a contract or not. https://drive.google.com/open?id=0B7288nKEgxRJRTJfX0p2VTQtVTg
In the image you can compare the 2 addres - 1 is from the contract in IMMLA (other ICO) and the other is the fake coindash address (not a contract).

I already accepted that i messed up because i did not check the address. But i am happy with the response of the Coindash team to still give our my CDT (Hopefully). Next time I will check the address before sending them, safety 1st ofcourse. Also, I hope in the future ICOs, people should go against the whitelist and request transparency of the ETH address so we can review it.

[C The Saint]

Guys If you sent ETH to the hacker address, please fill this form

https://docs.google.com/a/coindash.io/forms/d/13S2gbsO2eHcqk7MmAwLF9Ky1k4E7EUE9jnry79GR50U/edit?ts=596cfbdf

Can you explain why you will not be refunding people who sent to the whitelisted address? You could easily create a smart contract where people sent their CDT and go their ETH in return.

Can you also explain how you will deal with his issue?

As sad as the theft was, the other investors get diluted against the agreed upon terms by doing this.
Apart from the obvious fact that the team's credibility just received a massive hit after ignoring all the well-intended advice regarding token sale best practices meaning the token will most likely lose a good chunk of its value right from the start, this compensation scheme is also wide open to game theoretic attacks.
If the above promise holds true, the attacker can simply send ETH to the fake address from another sufficiently uncorrelated and seemingly innocent address they own and mint "free" CDT, effectively emptying the pockets of the investor's base via downwards inflationary pressure on the price. This has zero cost on them. They just get more CDT, the more ETH they send to themselves.
Also, there is no way to disprove this was an inside job which means that you can't restrict the "compensation" to contributions made before the announcement because the insider(s) could have taken that into account.

[4hajs]

Guys If you sent ETH to the hacker address, please fill this form

https://docs.google.com/a/coindash.io/forms/d/13S2gbsO2eHcqk7MmAwLF9Ky1k4E7EUE9jnry79GR50U/edit?ts=596cfbdf

can i get refund? I sent it to the white list adress. Please if you want respect of btctalk refund me. I sent 4 eth

[vinipoars]

Dear CoinDash contributors,

It is unfortunate for us to announce that we have suffered a hacking attack during our Token Sale event. During the attack $7 Million were stolen by a currently unknown perpetrator. The CoinDash Token Sale secured $6.4 Million from our early contributors and whitelist participants and we are grateful for your support and contribution.

CoinDash is responsible to all of its contributors and will send CDTs reflective of each contribution. Contributors that sent ETH to the fraudulent Ethereum address, which was maliciously placed on our website, and sent ETH to the CoinDash.io official address will receive their CDT tokens accordingly. Transactions sent to any fraudulent address after our website was shut down will not be compensated.

This was a damaging event to both our contributors and our company but it is surely not the end of our project. We are looking into the security breach and will update you all as soon as possible about the findings.

The CoinDash vision, product and team will continue to live on. We will be fast to recover and we will create the future of trading.

Reminder: We are still under attack. Please do not send any ETH to any address, as the Token Sale has been terminated.

More information will be published on our social channels and our website.

-CoinDash Team


https://www.coindash.io/

I think everything will be all right....
Let's wait ..

Is this bad news with us?
Can we bounty?

Maybe but price will be like nothing after all that mess. A failure with tragic consequences, unfortunately.