/biz/ - Business & Finance

holy shit. that's cray

Is this real?
Damn, I couldn't even imagine what a mess ETH is.

>>2242406
how do you generate a priv key from node js

i don't understand what any of this shit means...can someone explain?

>>2242406
SHORT SHORT SHORT

If this is true, then theres a massive flaw somewhere in the code. Collisions shouldn't happen within any reasonable amount of time. You probably have a better chance at phasing through a fucking wall.

Fucking FUD hope these Twitter faggots kill themselves

>>2242442
He generated someone elses key and their was shit on it. It should be nearly impossible. Not good if true..

>>2242406
that's why you supposed to make wallet contract, which would be impossible to crack.

You can bruteforce btc wallets too. Somebody tried it already. It's called large bitcoin collider or something

Well, I'm selling. It's been a nice ride.

>>2242442
>private key is basically your login and password for your crypto account
>one guy says he generated a ethereum key with some code he did and coincidentally it is someone else's private key with 1.2 ether in it
>shows it to some oldfag crypto trader
>he confirms it is legit and questions if it is luck
Basically if it wasn't pure luck and they aren't lying ETH can be stolen from anyone at random.

>>2242406
Fake and gay. WhalePanda is a known scammer.

ETH is a scamcoin that will crash and burn.

Literally why would anyone want ETH to become a thing when it's just fiat on the blockchain.

>inflationary
>centralized
>security vulnerabilities

I thought escaping all these problems are why we moved to crypto in the first place.

Reminder Bitcoin is the one true coin. It's a deflationary assent. It's completely decentralized. It has 0 security vulnerabilities.

Any problems you have today with Bitcoin due to slowness and high fees are a small price to pay. These will be fixed, although it will take time. But that's a good thing. Bitcoin being very hard to change is a good long term prospect.

ETH can be changed on a wimp whenever that Russian scammer decides he wants to. This is not what you want in a currency.

All the "problems" that you see in Bitcoin today are just reflections that it is still working as intended by it's creator.

If this is true every ico and every one working with Ethereum blockchain technology is beyond fuck.

>>2242466
beautiful words

>>2242466
Thanks China, glad you're always watching out for us.

Why do people keep posting tweets from these retards?

Holy fuck, selling everything ASAP

isn't this the reason ETC was created due to someone hacking ETH and stealing multi-million dollars in investors money, they had to do a hard fork... what's next ETX? ETA?

>taking advantage of joke/scam to try to influence ETH prices so you can buy in below 0.1BTC

good luck lol

>>2242474
>
because I was 20 6 years ago and I work at an internet company and when i go online and brag i can't size up to him

>>2242478
You have it backwards, ETC is the original, ETH is the modified one.

>>2242478
no. because ETH got centralized-ish

>>2242406
Buy the rumour?

>>2242406
epic trollers xD

kek if true

here is some more

>>2242484
this

>>2242463
So why is he going public? Why not steal all kind of money? Seems fake

>>2242406
WhalePanda is a known Jew and scammer. Don't fall for it.

if it were true the market wouldn't take over an hour to react to it (guy tweeted an hour ago, ETH prices should have bottomed out hard, but they havent), and twitter + both the major ETH subreddits would be in full panic mode. can't find this shit anywhere but /biz/ and that moron's twitter

jesus fucking christ, all this retarded fudders

READ THIS
>>2242455

It is possible with any cryptocurrency, but HIGHLY UNLIKELY.

Ethereum wallet has got a wallet contract option to protect from this, where you would need to generate 2 private keys that would match, which makes it IMPOSSIBLE to guess. Also it allows you to set daily withdrawal limits.

>>2242478
No, Eth forked because someone exploited a vulnerability in the cash-out function from theDAO's smart contract; the one saving grace of the contract terms was that there was a waiting period before you could get that transaction to cash out processed, so in that time, the ETH devs essentially invalidated the transaction then forked the chain to remove the recursive call on theDAO's contract and basically revert all funds from theDAO's ICO back to the token purchasers' original wallets.

It was a clusterfuck, but the error wasn't in the Ethereum network, but rather poor coding on the part of whoever wrote theDAO's smart contract.

>>2242508
He's not sure how he did it and is calling it luck. If someone can do it by chance someone can do it on purpose though.

all I know is I don't trust ETC or BTC

LTC for the long haul, right guys?

ITS OGRE

>>2242517
it doesn't matter, ETH was set to drop anyway, this will be accelerant

you are not going to convince the masses

>>2242508
Apparently the Whale guy is a multi millionaire, but I agree with you. He is being too calm with it.
But remember this, what matters isn't the truth, but what the market thinks.
If you know something is bullshit because of a certain knowledge you have but everyone else doesn't, it is going to rise as all the dumbfucks expect anyway for a certain time.

>>2242493
>using memes as financial advice
what about all the anons that said ETH was a scam a few months ago ? I don't see them around anymore

>>2242530

your hands are weak

If you had private keys of random wallets you could empty their shit through any means and it would look like those accounts were doing regular transfers. No one would listen to the original owner either claiming something odd happened they would dismiss him as a retard who lost his own shit or some lunatic trying to claim someone else's shit. So granted someone pulled this off why would they go on twitter to disclose themselves instead of robbing small amounts of random retards? Sounds like a silly rumor

>>2242534
So it'll dip for a few hours until it's proven fake?

>>2242542
It is a scam you fucktard. It's a way for the corporate jews to take control of the blockchain.

If ETH wins over BTC then crypto is as good as dead. It will just become electronic fiat.

Why do you think all these corporate fucks are so on board with ETH? Because they can control it. Because it's centralized. Because they can print more whenever they want. JUST LIKE FUCKING FIAT

>>2242406
Fake and gay. OP is gay and upset he missed the ETH moon mission.

if i want to short eth now i just do a margin sell on poloniex right? thats how you do it?

$225 - huge sell wall over 11000

People want out..

>>2242569
While you are correct betting on our corporate overlords is a fairly safe bet.

>>2242569
You're right but that's irrelevant if you're here to make money though. If the Jews want it then it will rise in price

>>2242466
>Any problems you have today with Bitcoin due to slowness and high fees are a small price to pay. These will be fixed
and by that time ETH will be $500

>>2242406
>One of the biggest bitcoin shills is promoting the scam that ethereum has a major security flaw

Yeah ok

>>2242569
>It is a scam you fucktard. It's a way for the corporate jews to take control of the blockchain.

so between jihan wu and chinese miners and western jews, you're putting your money on the chinks?

chinks only know how to make money in areas where they have the lowest production costs, like sweatshops and asic mining

Its not written in chinese, I will hodl

>>2242558
Can't you read? He didnt bruteforce the key, he used a private key generator that happened to generate an existing key out of sheer luck. He can't reproduce it. But I agree, this sounds fake af, especially coming from known whales

>investing seriously into digital fuel

lel

REMINDER IF YOU OWN ETH, YOU ARE STILL A NOCOINER, THAT SHIT ISN'T EVEN A CRYPTO OR COIN

LELLLLLLLLLLLL

ETH IS A MESS
>why do you think this meme keeps coming back?

OH SHIT. ITS FUCKING HAPPENING. Went to go check eth charts on Bittrex and it saying it offline!

>to lazy to screenshot

>>2242618
>>to lazy to screenshot
Come on, anon...

>>2242618

down to $222

>Wallet offline

ETH ded

>>2242567
I don't know, he didn't crack a double password account, as long as these are safe "all accounts" are because anyone can do it to ensure their safety.
Sincerely if I've been hodling for some time I wouldn't sell.
But I wouldn't buy it right now too, and not even because of this guy.

>>2242626

I love you /biz/ bro. Thanks! Nice dubs 26 26

>>2242630

there was a webbot report saying how the justice system was going to go after some people for causing a massive loss in crypto and will be persecuted for it.

>>2242618
been like that for over an hour

>>2242659

That's bad anon.
Does this mean stratis or etc will rise?

So... are we fucked? Is it going to recover?

>>2242489
At .096 and falling hahahaha

>trusting whalepanda
>ever
>especially after his Monero P&D
screeching

its dipping pretty hard right now. looks like its headed back under $200

>>2242577
>huge sell wall at a major milestone in the price of ETH

I'm not sure you understand how this works.

>>2242686
>>2242687
>>2242647
>>2242609
>>2242618
why is /biz/ this retarded holy shit

>>2242696

I don't think they are lying anon. I'm not even trying to hate on ETH.

https://twitter.com/RNR_0

>this guy is nothing but pure meme manifested into humanoid lifeform. It's amazing to look through his twitter.

>>2242569

>>2242729
How fucked am I that my brain first saw a penis and then realized it was a fishhook?
I've been here too long.

>finds way to essentially steal any amount of eth
>doesn't and instead publicizes it
For what purpose?

>>2242520
plus mass adoptors LIKE the fact problems can be fixed. look at BTC, totally immutable and on its death bed.

>>2242704
because they're paid to shill

>>2242545
I'm not a retard and have my money in other coins set to pump

>>2242742
He's a lying shilling fuck just like when he insider traded on the monero pump and dump with the spagster

>>2242742
He got lucky and can't reproduce it.

>>2242704
I'm just asking because I'm a newbie. Could you develop your answer, please?

>>2242592
are you fucking retarded, jews ALWAYS lose

>>2242753
Are fluffypanda and whalepanda the same person?

>>2242761
Yes, you're fucked unless you sell RIGHT NOW

and let me buy in at a cheaper price

>>2242406
can confirm that this is legit.

>>2242767
It's fluffyponyza lad and whalepanda was in on it

>>2242756
Well, if millions of people try to get this 'lucky', then we're fucked up.

>>2242761
watch out who you will listen to...... just saying

Well, it was a good ride... Farewell, Ethereum

>>2242406
IT"S RE-PRODUCIBLE! SELL SELL SELL SELL SELL!

>>2242777
lucky digits confirm...gg

SELL SELL SELL AAAAAAAA

>>2242761

Come on, little bitch. Up, up, up!

>>2242585
I wish these dumbfucks BTC shills on biz would just fuck off.

>it's sha1 and md5 all over again

>>2242691

it doesn't matter if its true or not, "ETH hacked" news spreading like wildfire, FUD setting in.

Anyways, ETH was set for a serious drop and like is just going to accelerate it

>find ETH vuln, do I..

1. pilfer a few ETH here and there from random accounts, tumble coins through exchanges/XMR, make off with fat profit
2. submit to ETH bug bounty program to claim huge fucking reward

>posts retarded thing on twitter announcing he can do it to the world, making 1 a non-option and pissing off ETH people so 2 is much less favorable

yeah, im sure it's real.

SELLLLLLLLLLL

FUCK MAN I THOUGHT WE WERE GOING TO THE MOON???:0

Did pic related turn out to be bullshit, too? I don't know; didn't buy this shitty coin he was hyping.

You can't just crack someone's private keys or generate the same one. Much of today's computer security is built upon that fact.

>>2243038
Will you be somehow penalised if you start fabricating proofs in order to manipulate the altcoin market?

>>2243065
There's always the chance this vitalik guy has russian mob connections. I've heard enough stories to know you don't fuck with those guys.

Buy the rumor. Buy the dip. That easy. Never sell and you will enjoy the moon trip.

>>2242466
>inflationary
Stopped reading there

Some clarification:
- An Ethereum address (and virtually every other cryptocurrency out there) is generated by just telling your computer to generate some random bytes. He's claiming he did just that and got an address that already had funds in it.
- The chances of doing what he claims he did is so ridiculously unlikely, it is considered virtually impossible. It's something that would likely never happen even if you took all the computing power in this world and tried to bruteforce with it for thousands of years.
- He said he used NodeJS to generate it. Most people use npm to get NodeJS packages, so that's likely where he got it. Literally anyone can upload packages there. It's full of buggy code and most likely full of malicious code as well. So if we assume he's talking the truth, it's infinitely more likely he used buggy code or code purposely written to do just that so that the developer can sweep the addresses of any coins that might end up there.

Conclusion:
It's either bullshit or he used bad code. And even if it were true and the software he used to generate the address wasn't buggy, this does not translate into ETH being compromised. All it means is that he's the luckiest individual in this world. He did not "hack" anything. Nice try, though.

>>2243164
wow, you're really smart? Are you a core dev or something?

>>2243210
his dad works at nintendo

>>2242466
>ETH can be changed on a wimp
wtf did you just call me, you little bitch

it's finally recovering. Cross your fingers, guys.

>>2243164
yeah, there's been like one sha-1 collision EVER and this notorious anti-eth twitter handle just happens to find an equivalently rare collision?

it's bullshit

my god this place is full of morons

why is it going up?

you told me to sale

>>2242406
Can confirm
I'd sell now for 0.1BTC while I can

>>2243529
>BUT HE BROKE ENCRYPTION

They don't realize that their $400 in ETH is literally the last of their problems if this guy is telling the truth

>>2243589
Yep it's not about the small fish..
once big investors will hear the rumor, then prove it's real, ETH gonna crash and burn. Could happen in the next few days.

>>2243539

>>2243631
FUDding

that's all you're doing

the 'big investors' have already heard and rejected this crap

>>2243539
Faith is for religious-fags and cryptotraders of valiant hearts.

>>2243654
:Dpretty sure the big investors don't follow a random crypto-dev.

It needs a few hour to get out and I'm sure that a few days to check the code by other developers if it's valid.

>>2242718
This shit is pretty easy to fake. Just check my pic related.

This is only remotely possible if someone had a non-random address, in which case it stops being 1 in a gazillion odds. Think of novelty license plates: it's hard to guess 6HJD397, but relatively easier to guess JACKPOT.

This is the case for any addresses found by the Large Bitcoin Collider so far.

>>2242406
Won't tell why but I trust that guy 100%, opened my biggest short on ETH.

>>2243851
Shorted as well, might as well just go for it

>>2243851
>>2243876
>>2243705


all of these samefags

Now this R̶o̶m̶a̶n̶o̶UASFmano guy is bragging about owning over $10k in ETH. Fucking lel. He's probably 14 years old.

>>2243921
>being that uninformed
won't even bother telling you, I'll just check this thread tomorrow;)

>>2242406

Fake and gay.

>>2242406
This is critical, just sold all of my ETH and opened a shorting on margin position.

Retards like
>>2244026
are same-fagging all over /biz/.

Don't listen to them, they're looking to buy cheap ETH

Just put 200 grand into ETH because I wanna see all these fucks itt go broke off their short positions hahahha

>>2244041
this

And they aren't even good at it. Apparently everyone and their mom all suddenly figured out how to "short ETH" within the same hour.

PANDA fucked everyone over with monero last week. don't trust him at all

>>2244077
>figured out how to "short ETH"
like it's complicated or something kek

Shorts get blasted. Close your shorts if you want to keep your account. You'll lose more than you can ever gain back.

>>2244067

honestly won't help much.. needs someone willing to buy at 235 for 2-3 million to reach a new ATH

>>2244099
there's a magical thing called "stop loss", google it, might be useful

>>2242406
the thing is this isn't proof, the guy could have just made the wallet himself

>>2244093
How do you short a currency that never dips?

Ethereum got hacked just wth the DAO!!!

How many hackers are now exploiting this flaw in Ethereum?
Want to wake up with 0 ETH in your wallet?

This is the reason why ETH got pumped so high so they can hack it and use shapeshift and get other coins.

Bittrex en Poloniex stopped trading and Vitalik is in panic on twitter.
This is the next PAYCOIN and DAO combined!!!!

>>2244150
>!!!!

kys

kek these mofos want in on eth so bad they have to create bullshit news

>>2244150
Excellent, $NXS will be supreme leader

*ABSORBING VITALIK*

He cucked us all.

>>2244183
This guy is serious af.

>>2242406

Please tweet this fucking shit everywhere.

Cryptocurrency value is based off of what people think it's worth. IMO a rumor lying around like this will make the price plummet, especially so if it's from a "semi-valid" cryptocurrency trader.

Of course this whale guy obviously knows this and could be potentially attempting to purchase at a dip.

But regardless, this will make ETH dip if it is tweeted and spread everywhere.

>>2244774
How about no.

>>2242569
how is it centralized?
i don't think it is

>>2242524
> tfw retruded orbitals and subhuman craniofacial deformities.

Its over.

>>2245324
>tfw 99th percentile eye shape / eye color / eye hooding / eyebrow shape
>tfw 5th percentile under-eye bags caused by thin skin

I was so fucking close to being a legit slayer, still look good under a lot of lighting conditions though

>>2242406

Stop trying to make people dump ETH

>>2242466
>Reminder Bitcoin is the one true coin

LIES

Why are such massive sell walls being maintained? The population of buyers is much smaller than sellers yet still the walls stand, refusing price drop.

It seems very manipulated. Is this dip gonna be a typical alt coin sell wall pump and dump? I wonder how much of the ETH market is now in the hands of whales...

>>2242406

I want to get some coins but fuck all this shit worrying about losing money because hackers and forgetting passwords and hardrives dying and other crap.

I will be shitting myself every day. Its retarded to have to worry so much and once its gone, its just gone. poof.

Shorting here 5x leverage

>>2242466
>Basically if it wasn't pure luck and they aren't lying ETH
As to the first two points, indeeeed my friend. Now as to why Microsoft, JPMorgan and the banks and corporates jumped on it...

>>2245475
nice

>>2242569
Exactly goyim. And that's why I want on the ETH train. Follow the nose to lamboland...

>>2246072
Do you just post shill trash all day, they want to use the CODE

to make there own

lmao, they are just corporations trying to bandwagon onto the memecoin train because coingains are the best worldwide

>>2246113
>making their own blockchain
JUST USE A FUCKING REGULAR DATABASE THEN YOU RETARDED FUCK. There is no need for a blockchain if nobody fucking uses it besides the company.

>>2246129
Are you trying to talk to the bankers through me or something ?

>>2245475
You gon get rekt

>believing this bullshit
Couple possibilities here:
1. He's a lying nigger trying to make the price go down.
2. He actually did generate a priv key but did it with no entropy and has the same priv key as other dumbfucks who also did so.
3. He generated a priv key that collided with another existing one, a 1 in 10^999999999999999999999999999999999999999 some fucking super high incomprehensible number chance of happening.

Pick.

Why no discussion of this so-called problem on r/Bitcoin? They hate Ethereum and would be all over this if it were true.

>>2246410

they're the whales preventing eth from rising above $230

>what is a multi sig wallet

>>2245415
reading this while ETH keeps its climbing on coinbase

t. normie