Bitcoin Forum
May 12, 2024, 05:25:25 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Other / Beginners & Help / Re: Market Crash: Mt Gox has been Hacked (Official Statement) on: June 19, 2011, 07:55:42 PM
The price isn't being set arbitrarily. It was $17.5 the second before the big sale, and that's what it's being rolled back to.

however, that will not correctly dictate the state of the market when the site comes back up, meaning its an arbitrary number at the time. If your buy and sell orders are based on that, when say...tradehill or some other exchange is significantly higher or lower, it stands to reason that you will lose or gain accordingly based on the state of the market as a whole. Its basically a fix, since everyone now knows that mtgox will be at 17.50 at around 1AM GMT.
2  Other / Beginners & Help / Re: Dwolla transfer on: June 19, 2011, 07:50:06 PM
I did mine on the 14th, with 16th expected clearing and it didnt get there until the 17th...your experience mirrors that of a friend who did theirs the day after me, i expect yours and his will go through tomorrow.
3  Other / Beginners & Help / Re: Mt. Gox Percentage?? on: June 19, 2011, 07:40:52 PM
well thats interesting. I was curious if their math was accurate or if it only got taken on the sell side...seems kinda weird.
4  Other / Beginners & Help / Re: Market Crash: Mt Gox has been Hacked (Official Statement) on: June 19, 2011, 07:38:37 PM
account compromise != hack. Someone got keylogged, had an insecure password, or some other nonsense. this isnt "hacking"
5  Other / Beginners & Help / Re: Newbie restrictions on: June 19, 2011, 07:38:04 PM
well, that explains it.
Pages: [1]
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!