Need to say... I'm impresed there was no panic on other exchanges (yet)  Yes I agree. I am also pleased about the way Stamp is handling the situation. I'm also pleased how they are "handling" the "situation" but probably for not the same reason you are.  |
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Wow, that made me exited for CES, who would have thought. I can't wait for the Drama. |
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Why not simply replace exchange sites with new exchange sites after the operators scam their customers? It works so well!
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We'll be in the double digit price range in less than 48 hours.
* for Bitstamps not Bitcoins |
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If you are still on mtgoxbitstamp it's a wakeup call to get all your funds out.
Well, now we'll see if you people learned anything from the gox debacle. If bitstamp is still the major western exchange at the end of the month I don't have any hope for you.
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"hack"
also
lol it's about time, what took them so long?
impact: That depends in which direction they are manipulating the market.
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If you really believe the dollar is about to crash, buy ammo food and fuel, fuck crypto.
Yes, or better yet seek professional help, there are medications for that sort of thing. |
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Wow, this place is full of morons.
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Along with the Bitcoin magazine issue #1
I have that somewhere. Should I get it framed?  Make a photo and put in on ebay for $600 buy it now. Then to that. Might take awhile. |
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Doesn't that, well go against the Bitcoin world domination Masterplan? Is not supposed to happen!
(Elliot Waves and all that shiT)
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If that T-shit is real this will be one of the top three collectors items to remember Neckbeard Nickels by.
Along with the Bitcoin magazine issue #1 and the BFL foam pitchfork and torch set.
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A massive price collapse paired with a massive miner dropout has nearly destroyed Namecoin once. That is harder to happen with Bitcoin but it's also that much harder to recover from since there are no alternatives and simply limping to the next difficulty adjustment won't help. Namecoin went to merged mining as a solution, so if that happens to Bitcoin it has to go on over several difficulty adjustments, which may never happen if miner dropout continues. In that case the Blockchain grinds to a halt, with months between blocks until nobody even bothers to store the Blockchain. Most people here will claim this can never happen.  |
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Call their parents, ask parents for the money in an I-don't-mean-to-be-a-bother-but... way, let parents extract money from scammer if they want.
I had a drug-dealing room-mate when I lived a while in NC. Someone skipped out on a tab (~$500). Room-mate went to his parents' condo and explained the situation honestly. It took around an hour but was surprisingly effective.
Reads like Bullshit for me, at the very least that anecdote. |
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You know what the killer app for this "DDOS service" is?
Targeting Bitcoin mining pools & exchanges. Now lets let this community rip itself apart.
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This is freaking awesome!
They rented other cloud mining to make a cloud mining service and people bought into it, now wondering why it was a ponzi.
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It used to be the SCAMMER tag, along with a special XXXX under the avatar. Now it's just a negative trust rating, which is better imo because it's easier to find the funny.
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What I find curious is how those who joined the forum in June (and likely lost half of their investment since then) like to quote pretty numbers from 2 years ago.
Is it too much for you to grasp the idea that he may have been involved in Bitcoin and even bought bitcoins years before joining this forum? Then again, beartard trolls aren't the sharpest spoons in the knife drawer. Sigh. No no no, that's not the problem I'm having. Mr. dakota neat has claimed to have made +2297.74% in two years, and I do understand that people on the internet don't lie. Wishing to learn how to achieve such stellar results (who wouldn't amirite?), I asked my new friend to teach me. He's fallen rather silent, which is not the usual friendly sharing and exchange of ideas I've come to expect from bitcointalk. maybe he dont buy bitcoin from bitcointalk... No no no, allow me to break this down for you in a hypothetical. Imagine yourself buying a wooden nickel for a dollar. Your friends, the other investors, also started buying up wooden nickels, in two year's time driving the price to $10 ea. Having bought your wooden nickels at $1, you proceed to calculate your profit as 1000%. Easy. But wait! Being a wooden nickel believer, you didn't stop buying as soon as the price broke $1. No. You continued buying all the way up to $10, because you are what's called a "permabull." At this point, you must be beginning to guess what comes next. Your profit is not 1000% but significantly less. Made significantly less still by the fact that now, the wooden nickel prices have been steadily falling for over a year, and the $10 nickels are now only worth $3.12  It's more like you are into special wooden nickels made of a specific tree, cut down and uniquely identifiable by it's dna. It's the first kind of wooden nickels that are uniquely identifiable in that way. The problem is there are other people who have done that with other trees, and their wooden nickels have the same properties besides being from a different tree. |
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You have to distinguish regular bots run by traders to automate their trading system and bots run by fraudulent exchange operators to manipulate the market with fake funds.
The former is no cause for concern, the latter is. In case of mtgox, willy & co there is even cause for suspicion that they were ultimately responsible for the "missing" funds.
When posting about bots you should make it clear which one you are referring to.
+1 The first case isn't a big deal, but the second is, but requires a bit more evidence than "boy that's a long bear market". Re gox and willy. I'm not defending gox, the place was warped as hell, but I'm not sold on the evidence that willy was anything other than a buying bot for big volume orders spread out over time. I don't think the current bear market is evidence for or against any theory when it comes to willy & co. Actual proof won't come to light on it's own. The blog post has circumstantial evidence based on the api and only a criminal investigation could change that. Considering Gox's and their former customers current situation I wonder why that hasn't happened yet. Perhaps it's just that even a criminal conviction won't necessarily get people their losses back. However if it was a simple 'oh no we were hacked' kind of fraud Mark K. & co might still have the private keys somewhere, and waiting for the right time to retire. I don't think I'm the first to post that suspicion and that many other people have that suspicion, I mean it's possibility is fairly obvious. |
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He simply doesn't care about the technology, he just cares about money. Nothing important to read here  You're right. Unlike Buffet, bitcoiners are actually trying really hard to save the world. That's their primary goal. Money is not even that important. That's a common theme with cults. I would say about everyone is trying to save the world in their own way. |
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Lol ripple is making Bitcoin nutters mad. This is good for Crypto.
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