Awww look at the cute little bears
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I hope they will at least honour the 40 BTC deposit. I highly doubt they will honour the sells at the high price yesterday.
Having trouble buying this. they said they will process all BTC deposits and all trades were rolled-back already.
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I have told my friends and this forum to buy at $2.99 and $5. I bought more at $8.5. Some of us are in an investment program and we buy x amount every month.
I have been telling my friends to buy since 4.70. None of them have, but if they did at any time since then, they would still have made a profit. lol yup same old story... actually i got my gf's grand mother to buy at 3.5ish and 5.5ish (after 7.20) lol
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There is a lot of buy orders on the books according to this site I found. http://bitcoin.clarkmoody.com/Should I go ahead and buy in before it hits the 10 mark? If you are a long term investor (more than a year) and believe in bitcoin then it could be a good buy. If you are a mid term or short term investor then it is really up to you and if you can withstand the volatility. I am going to read a little more then. I might just take the plunge if what I am hearing about Bitcoin is true. I'm telling my friends (who are about to try buying some bitcoin) to hold off. i was telling them it was going to 10$ when we were at 6$, i told them they missed the boat for now.. and in the next 2-3 months is going to a good buying opportunity. they are saving some money and counting on me to get them a good price. I advise you to place a bid, at 7.98, or place ever increasing bids all the way down to 7.98... Forget the walls trade as if they are not their...
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From https://btc-e.com/news/81: Dear users of the Exchange Btc-e.com The exchange is not going to close. We will refund all losses from our reserves. Neither the servers nor the database were compromised. There were no SQL injections. At 04:07 MSK (GMT+4) our LR API Secret Key was compromised. It's 16 uppercase, lowercase letters and digits. They may have bruteforced it for long. Using the key the hacker imitated LR deposits from many accounts and bought up Bitcoins, Namecoins and Litecoins. We lost our daily volume, approx. 4500 BTC. The attacker couldn't withdraw more as most BTC were distributed over several offline wallets. At 10:30 we restored the database to the state it was at 04:00, right before the attack. All trades after 4:00 are reverted. People who attempted withdrawals before 04:00 MSK will get their funds withdrawn later today. For people who deposited BTC, LTC and NMC after 04:00 MSK the funds will be put to their balances before market opens. We are working on the scripts for this. If you deposited USD after 04:00 MSK you should send us your login, amount and payment system used by email or PM. Our plan: 1. The trade will be disabled until we restore the balances to the point before market crash. 2. After that, the trade and deposit/withdrawal will be back on, approx. within 1-2 days. Icq - 610112128 Skype - btc-e.support E-mail - support@btc-e.comWell, BTC-E is doing everything in the correct way. They had backups, they reverted the trades and they will pay for everything.
+1 It actually gives me a lot of confidence. this is gr8 news, Excellent work btc-e!
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dev: we got some fake LR deposits so they just bought btc and withdraw
dev: karl1982, exchange not hacked, we just receive fake LR USD
I'm kind of having a hard time seeing what the difference is. If you can get fake USD into an exchange, you've hacked it. Maybe he means that the hack was LR side? LR can be hacked into sending fake LR USD! Quickly everyone the USD has been hackedMove your money to Bitcoin now, before your USD is worthless.
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bye bye Adam i have to admit the situation looks dismal... bid walls coming up, ask walls slowly getting eaten away. But I will not give in I will not buy back in a panic I will not get GOXED or ZooZooThonged I will not let you win! I WILL GET CHEAP COINS I WILL .... go to sleep See you guys in 6 to 8 hours
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Sell high, buy higher I'll buy higher only if, it'll go even higher! and it wont, so i wont I don't think we'll see a repeat of the January pattern if that's what you're hoping for. i'm betting bitcoin price will go up AND down i think I'll be ok
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Sell high, buy higher I'll buy higher only if, it'll go even higher! and it wont, so i wont How high does it have to go for you to chase it? he'll buy back in when it hits $32 It has to go high, top off, and crash. b4 i buy them back
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Sell high, buy higher I'll buy higher only if, it'll go even higher! and it wont, so i wont
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Perhaps someone at BTC-E got hacked, and bought all the BTC they could.
If so, they may not be able to withdraw.
I vote hack vs. scam vs. clever stunt by the exchange to get more deposits. i lol'd
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They wouldn't be able to withdraw any USD since it's fake. Saying you have 500000 fake BTC on BTC-e doesn't mean anything if you don't actually have the keys to those coins in an actual wallet. They used fake USD to buy real BTC then ride off into the sunset laughing.
Dude. All exchanges use a pooled wallet. There is no such things "your" BTC or "your BTC" wallet on BTC-E, MtGox or any other exchange. The exchange simply has one (or more) hot and/or cold wallets. Then they maintain a database of each user's balance, and trades change those balance. One could withdraw "fake" BTC just as easily as selling "fake" USD for BTC and withdrawing that. The likely reason for faking USD is simply because that is the exploit the hacker founds. Hacker found a way to add USD to his USD balance. Once had had that why try hacking any further. Give yourself huge amounts of USD, buy BTC and remove them from the exchange. If it was a SQL injection (extremely likely), it should have been just as easy to add BTC. I suspect the hacker may be intentionally messing with the exchange. if BTC-e wasn't protected against SQL injection.... that's just sad...
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Ok, this must be a hack: A: Someone got access to some wealthy account and bought all the BTC he could get in order to withdraw it to himself B: Someone hacked the trading system and buys BTC with "infinite" USD supply to withdraw all bitcoins to himself C: Some Bot has fucked up big time D: BTCe.com has some internal problems with their system and will reset everything tomorrow E: Some chronically underpaid btce.com employee buys his ticket for neverending holidays on luxury island right now, holiday starting: tomorrow F: ..? In any case, if you sell all your USD for BTC now, they will likely not be able to pay you out tomorrow i had 1BTC in BTC-e cuz I've recently trying trading LTC now i have 47$ oh and its back to normal... time to buy some bitcoin! please no rollback
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i have a feeling btce is going to have to rollback
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Holy shit look their someone that placed a bid at 40$ the hacker wants all your coin
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This is like, so far from panic buying than anything. I feel the market is very bullish in general. The weekend was the perfect time for a correction and I was even expecting it but nothing. I think $10 will be tested sooner than $8.
just watch as your hopes turn to fears as this 7k wall of hope withers away mu ha ha MU HA HA HA! I may have been wrong in my $7.50 prediction. Time will tell... $10 is a psychological level though. I think 7.50 is pushing it a little, every time it goes low 10 new bulls hop on... and because of this, the bear market period we are entering is going to be anything but spectacular and short lived
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This is like, so far from panic buying than anything. I feel the market is very bullish in general. The weekend was the perfect time for a correction and I was even expecting it but nothing. I think $10 will be tested sooner than $8.
just watch as your hopes turn to fears as this 7k wall of hope withers away mu ha ha MU HA HA HA!
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this rally is going to leave so many of the young kids behind. what a shame not to worry, I have a paper wallet only playing the trading game with like 20% of all my BTC and stop spreading false hope, its going down too 8$ if not this week, then next week... wall is disappearing for 10s, then appearing again, repeating every 10 min... is it a bot?
ya i noticed that too also look at all the selling into the wall that's happening I think this failed rally to 10$ ill bring us down. I expect to see the 8.40 support tested again i dont see it failed, it only needed a colldown corrrection... it's a panic buy, it wont cause a rally, just more panic buying at the top
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wall is disappearing for 10s, then appearing again, repeating every 10 min... is it a bot?
ya i noticed that too also look at all the selling into the wall that's happening I think this failed rally to 10$ ill bring us down. I expect to see the 8.40 support tested again
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