Bitcoin Forum

http://pastebin.com/h7iGK49T

Buy and hold, don't feed the trolls.

Rouge anon's. Great job trying to destroy the community that was founded on the principles of anonymity and the singularity of anonymous itself. I retract my statement, these are not anon's, these are fools. Dishonor.

wish that were real and i knew the irc channel

Posted 29 march??????????

Could still be the same kids trolling. Or another group trying to bring bitcoin down.

Given the work needed to be put into the project, it seems to be on par it being today and actually did act just as the plan did. We did see dumps before the DDOS.

Ironically if you go on reddit you'll find there are quite a few thread about today's cr... I mean 'correction' being 'engineered'. In one of the threads someone referred to this pastebin (although didn't link to it directly). While it's technically possible for an organised crime group to pull something of this nature, I sincerely doubt it was.

- First, there was no DDOS. Someone sold big when it was at peak valuation, that triggered the drop. The exchanges went 502 for the same reason they went 502 when it dipped at 75: the guys building them have lag-heavy but solid backends, yet terrible, irresponsibly put together unscalable frontends.

- Second, it hints at a conspiracy of loosely coupled individuals. Conspiracies of this kind aren't just hard to pull off - they are impossible to pull off. Someone always run their mouth eventually, or the 'open' nature of the announcements makes them backfire, or people never deliver on their 'promise' to participate, etc

- Third, it's a whole load of bollocks bulls and trolls use to convince themselves the bitcoin cannot crash back to its Jan value because it's magically propelled by the potential to replace visa/mc.

Sad thing is it seems to work - TC for example picked up on parts of that story.

Pastebin is laying an egg. Is this that Xenau memo?
   
I have no idea what this means.

- exactly

- exactly

- exactly

How anonymous acts as one.

If anything, the DDoS mythology is the perfect excuse for any correction.

I hope it happens on a huge scale once every month. Seriously.

To everyone interested: mtgox has now confirmed there was no ddos yesterday, just an increase in trade by x3 (ie, a panic sell)
https://mtgox.com/press_release_20130411.html

And today they confirmed a DDOS attack https://www.facebook.com/MtGox/posts/456123227805423

3 possiblities:
- Life imitates art
- They are incompetent
- They are on it

I think that the all possiblities.

After what happened today, I'd put good money on #3. There's 'incompetent' and then there's 'so incompetent should something go wrong you must have been on it'.