Wow. Breaking news! Three days ago. |
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Probably because literally everywhere you look you hear "Bitcoin", "Exploit", "Stolen", "Theft", "Unrecoverable" and "Lost" all in the same sentence, that's never good PR.
Hmm... I remember living through something like this before. |
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maybe this is in the wrong thread, but i have a tiny node running at my house, bitcoin-qt (0.8.6) on windows 7 serves about 60 connections at any given time...
what can I do to change it/update it to help with this issue?
I bit the bullet and learned how to build from git in order to run this patch on my node. I don't wish it upon anyone who has no idea what they are doing, there isn't a decent guide in existence (although I was not using Windows). |
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Nah. I can't taste the fear yet.
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Mark is penning Gox's obituary.
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Gox doing what they do best. Absolute incompetence.
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I thought I had a response to this post, then I realized it's just conjecture.
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but I am not (that) bitter....I know very well that I would have creamed my pants and cashed out the instant I doubled or trebled my money back in those days.
But you always call people who held that long "lucky". Now, by your own admission, it seems like it would take a bit more than "luck". |
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I noticed that in times of crash, there are no optimists around preaching "oh no! bitcoin will never go below 600-700! it will be $5000 next month!". They must have bolted off with their cash-out with their tail between their legs.
I created an optimistic post the other day, telling people to buy, and for some reason it was deleted. Perhaps there's an agenda here for bitcoin to go lower so the big whales can scoop up bitcoins at lower prices. It wouldn't surprise me. What did your post say (more precise) and who deleted it? I can't remember. I was trying to encourage newbies to not be disheartened with the price drop. And that it might be a good time to convert altcoins to bitcoin. Nevermind....... You get a PM when one of your posts is deleted. I guess you deleted that? |
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Gox wasn't awesome and then went to shit when Karpeles took over. It was always a shit hacked together site with little regard to security.
Exactly. When you look at the security involved with Bitcoin and then look at something like Gox, the last thing you would think is that the same person coded both projects. |
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often rumored to be satoshi himself, he has been behind some big things in bitcoin (mtgox) - and beyond (ripple).
That's a silly rumor. Bitcoin is awesome, and MtGox and Ripple are shit. |
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Indeed, follow the money.
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I noticed that in times of crash, there are no optimists around preaching "oh no! bitcoin will never go below 600-700! it will be $5000 next month!". They must have bolted off with their cash-out with their tail between their legs.
I created an optimistic post the other day, telling people to buy, and for some reason it was deleted. Perhaps there's an agenda here for bitcoin to go lower so the big whales can scoop up bitcoins at lower prices. It wouldn't surprise me. What did your post say (more precise) and who deleted it? |
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I noticed that in times of crash, there are no optimists around preaching "oh no! bitcoin will never go below 600-700! it will be $5000 next month!". They must have bolted off with their cash-out with their tail between their legs.
I'm an optimist, but I'm not going to post ridiculous claims. I'm not going to argue (much) against ridiculous claims either. These trolls shouting "Bitcoin is dead" are trying to scare sheep for their own agenda. Bitcoin will survive this transaction malleability issue. The exchanges will function again soon (except Gox which is non-functional by design). In a few months this will be forgotten. |
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You are generalizing from historical data. My point still stands. Your strategy will work until it doesn't and is generally bad advice, unless you are from the future or have inside information.
Every strategy will work until it doesn't and is generally bad advice. That's why I initially said, "This is not advice". |
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And after all this,
can someone tell me why .... the dev team hasn't fixed it immediately?
If for no other reason than fixing the bad press?
It astounds me how slow the bitcoin dev team seems to be. I could wrong about this, but a lot of uninformed people considered this weeks events a sign that BTC needs some fixing.
Dontcha think it might behoove us to fix the problem, just so someone can publish that it was fixed, and show how flexible and resilient Bitcoin is when something is found wrong?
Are they seriously going to do absolutely nothing to actually fix the problem?
Probably testing the fix. A lot of money is at stake so they can't roll out a half arsed piece of software. Indeed. The fear would be rushing a fix and introducing a new bug that is worse than the problem they are trying to fix. As long as you are using a proper client, you won't lose any coins to the transaction malleability issue. I'm sure they are doing what they can. Of course, the project is open source, so anyone is welcome to submit their ideas. |
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I'm afraid if I short it will go back up.  In this market you make money by doing the opposite of what everyone else is doing. Disclaimer: This is not advice, just an observation of mine. Generally, that only works if you can predict the future. Generally, that's what speculation is all about. Generally, speculation is about making wild guesses. I.e., not knowing of the future. If you do the opposite of everyone else, most of the time you will lose along with everyone else, usually even faster. When you see weeks of giant green candles, you should be selling, not buying. When you see weeks of giant red candles, you should be buying, not selling. If you do that, you are probably going to make money. |
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I'm afraid if I short it will go back up. In this market you make money by doing the opposite of what everyone else is doing. Disclaimer: This is not advice, just an observation of mine. Generally, that only works if you can predict the future. Generally, that's what speculation is all about. |
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The bureaucracy is expanding to meet the expanding needs of the bureaucracy.
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