/biz/ - Business & Finance

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How $800k Evaporated from the PoWH Coin Ponzi Scheme Overnight Anonymous Mon Apr 2 01:34:02 2018 No.8699540 [Reply] [Original]

Three days ago, 4chan’s /biz/ banded together and created a cryptocurrency Ponzi scheme: Proof of Weak Hands Coin. They advertised it as a legitimate pyramid scheme, and surprisingly its value quickly grew to over a million dollars, and over a thousand Ethereum. A few hours ago, 866 Ethereum vanished from the contract, however, due to a flaw in the code.

https://blog.goodaudience.com/how-800k-evaporated-from-the-powh-coin-ponzi-scheme-overnight-1b025c33b530

You fucking idiots.

>>	Anonymous Mon Apr 2 01:36:02 2018 No.8699554 >>8699540 I totally called it, 2 fucking days.

>>	Anonymous Mon Apr 2 01:36:11 2018 No.8699556 P A J E E T E D I fucking warned about this.

Anonymous Mon Apr 2 01:36:21 2018 No.8699558

>>8699540
Top lel I remember than night and the shadow fork that had a bug which froze everyones funds then someone managed to drain it top kek , I lost 3 ether on that shit and when ETH was 1000 a piece but you know what the entertainment I got that night was almost worth it.

>>	Anonymous Mon Apr 2 01:37:42 2018 No.8699567 Zero sympathy. You deserve this you fuckfaces.

>>	Anonymous Mon Apr 2 01:37:43 2018 No.8699568 Ancient FUD. Try harder, the new PoWH has no bugs and is past 11k ETH.

>>	Anonymous Mon Apr 2 01:38:13 2018 No.8699573 >>8699540 Low-quality bait

>>	Anonymous Mon Apr 2 01:38:35 2018 No.8699577 File: 42 KB, 645x729, 1517767550247.jpg [View same] [iqdb] [saucenao] [google] >>8699554 >>8699556

>>	Anonymous Mon Apr 2 01:38:39 2018 No.8699578 File: 109 KB, 1327x851, Untitled.png [View same] [iqdb] [saucenao] [google] >>8699554 >>8699556 >>8699540 LOOK AT THE WEB SITE. FUCKING NIGGERS COIN DOWN. ETH IS FUCKING USELESS.

>>	Anonymous Mon Apr 2 01:38:43 2018 No.8699581 I bet that russian guy who got his money stolen still killed that hacker even though he refunded him lel

>>	Anonymous Mon Apr 2 01:41:25 2018 No.8699599 The hacker even posted a thread earlier that day before the contract got drained that he found an exploit and everyone ignored him kek there was some powh pajeets calling him a fudder

>>	Anonymous Mon Apr 2 01:42:27 2018 No.8699610 The originals powhs is the reason why I never got involved with the new one fucking regret it so hard almost bought in at 300 eth but pussied out

>>	Anonymous Mon Apr 2 01:42:35 2018 No.8699611 File: 3.34 MB, 450x506, 1522559247851.gif [View same] [iqdb] [saucenao] [google] Play stupid games, win stupid prizes.

>>	Anonymous Mon Apr 2 01:44:22 2018 No.8699623 LMFAO!!! Suckers

>>	Anonymous Mon Apr 2 01:44:24 2018 No.8699624 >>8699578 >it's ETH's fault that amateurs write code for it

>>	Anonymous Mon Apr 2 01:44:25 2018 No.8699626 >>8699568 >Ancient FUD. t.site gets hacked lose all your shit coin. Such a good use of money.

>>	Anonymous Mon Apr 2 01:45:27 2018 No.8699634 >>8699624 it is always getting fucking hacked.

>>	Anonymous Mon Apr 2 01:45:58 2018 No.8699639 >>8699634 Guess you better stop using that OS written in C then bucko

>>	Anonymous Mon Apr 2 01:46:16 2018 No.8699644 remember how they tried to play it off like every erc20 token was vulnerable to an exploit so people wouldn't pay attention to how they got jewed by powh? now they're jewing a fresh batch of suckers. anybody who buys deserves what is going to happen

>>	Anonymous Mon Apr 2 01:47:03 2018 No.8699653 hah fucking faggots fell for the PoWH meme. Worse then linkmarines faggots

>>	Anonymous Mon Apr 2 01:50:51 2018 No.8699675 >>8699639 My operating system is not based on a ponzi scheme to make a ponzi scheme

>>	Anonymous Mon Apr 2 01:52:18 2018 No.8699687 BREATHES IN

>>	Anonymous Mon Apr 2 03:43:15 2018 No.8700604 >>8699540 >become a scammer >have successful scam >get 800k because impatient >don't even make it what a brainlet

>>	Anonymous Mon Apr 2 03:45:57 2018 No.8700619 >>8699581 Why would anyone refund anyone in crypto? You get scammed you get fucked

>>	Anonymous Mon Apr 2 03:46:55 2018 No.8700625 >>8699540 This happened so long ago, lol. Not even anywhere close to 3 days ago. I also turned 5 ETH into 9 ETH from this shit when it was going on lol.

>>	Anonymous Mon Apr 2 03:47:12 2018 No.8700629 >>8699599 It wasn't the same person The guy who reported the bug on reddit wasn't the hacker

>>	Anonymous Mon Apr 2 03:51:39 2018 No.8700663 >>8699634 "hacked"

>>	Anonymous Mon Apr 2 03:54:17 2018 No.8700678 Brainlet here, wouldn't this be pretty serious for everything if there are flaws in the smart contact? Or was it just written poorly?

>>	Anonymous Mon Apr 2 03:56:53 2018 No.8700704 >>8699540 They literally did this same scam like what, a month ago? Why is anyone surprised

>>	Anonymous Mon Apr 2 03:59:18 2018 No.8700737 >>8700678 It means this individual contract had flaws, not that ethereum smart contracts are all vulnerable to this.

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