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ehoffman (OP)
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March 12, 2013, 01:32:08 AM |
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Whoa... Prices dropped suddenly, what's happening?
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zkay
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March 12, 2013, 01:33:03 AM |
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I'm NOT trolling. Mt. Gox stopped deposits, S.DICE down as well. Everyone important in the Bitcoin world is in IRC solving this problem right now. Mining pools are reverting to 0.7 to support the non-buggy fork of the blockchain. This is as serious as it gets. I'm predicting a shitstorm of gigantic proportions for this. It will be solved soon but the consequences for Bitcoin reliability are grave. They are doing a magnificent job at solving this but I fear the consequences for Bitcoin price short term will be not good. NO LINK yet, everybody is working on it. Let's hope for the best. |
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bitlybit
Newbie
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Activity: 14
Merit: 0
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March 12, 2013, 01:35:46 AM |
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BITCOIN COMPROMISED
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Herodes
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March 12, 2013, 01:37:09 AM |
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Hah.. take it easy ppl.
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anu
Legendary
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Activity: 1218
Merit: 1001
RepuX - Enterprise Blockchain Protocol
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March 12, 2013, 01:42:10 AM |
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BITCOIN COMPROMISED
US GOVT TURNS OFF INTERNET. BLACK HELICOPTERS. AAAAHHHRGGGG. |
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ehoffman (OP)
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March 12, 2013, 01:43:13 AM |
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From what I read, 0.8 screwed the blockchain...
I made a transaction to vircurex. Confirmed on my client. Vircurex shows 0/6 confirmations. Maybe it's related...
Edit: Ah, I just looked, and it just jumped to 18 confirmations... On blockchain.info. A few minutes ago it was unconfirmed...
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zkay
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March 12, 2013, 01:43:35 AM |
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Now it is surging the other way.
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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March 12, 2013, 01:44:50 AM |
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BITCOIN COMPROMISED
US GOVT TURNS OFF INTERNET. BLACK HELICOPTERS. AAAAHHHRGGGG. There appears to be a conflict between 0.7 and 0.8, which caused a fork. The miners are reverting to 0.7 right now, and as soon as the blockchain catches up, we'll be ok. In the meantime, to prevent double spends, transactions are being halted. It will take a few hours to get back to normal. |
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ehoffman (OP)
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March 12, 2013, 01:45:37 AM |
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Like my comments? Cheer me up at 137s1qFV63M6SXWhKkwjaZKEeZX23pq1hw Don't like my comments, donate to the BCRT (better comment research team) here at 1A1PbZypjEe7yanj69ApVS1FhK8UMW7Wdc |
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bitlybit
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Activity: 14
Merit: 0
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March 12, 2013, 01:46:13 AM |
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Huge lag on mtgox, impossible to know whats happening yet
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Bit_Happy
Legendary
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Activity: 2114
Merit: 1040
A Great Time to Start Something!
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March 12, 2013, 02:58:55 AM |
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Huge lag on mtgox, impossible to know whats happening yet
Gox is a POS again. |
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Piper67
Legendary
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Activity: 1106
Merit: 1001
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March 12, 2013, 03:16:16 AM |
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Huge lag on mtgox, impossible to know whats happening yet
Gox is a POS again. Yeah, I'm developing a strong dislike. They stop BTC deposits because of the risk of a double spend, but do they stop trades? Hell no! Wouldn't want to miss out on all those yummy fees. Gox is the only one truly benefitting fom thus. |
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Qoheleth
Legendary
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Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
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March 12, 2013, 03:40:11 AM |
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The nice thing about all this Gox instability is that it's giving me a chance to really iron out the corner cases in my trading algorithm. Already caught a couple nasty cases where the program would have flubbed the math if I hadn't been watching.
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If there is something that will make Bitcoin succeed, it is growth of utility - greater quantity and variety of goods and services offered for BTC. If there is something that will make Bitcoin fail, it is the prevalence of users convinced that BTC is a magic box that will turn them into millionaires, and of the con-artists who have followed them here to devour them.
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crazy_rabbit
Legendary
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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March 12, 2013, 08:26:45 AM |
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The nice thing about all this Gox instability is that it's giving me a chance to really iron out the corner cases in my trading algorithm. Already caught a couple nasty cases where the program would have flubbed the math if I hadn't been watching.
At least you see the bright side. |
more or less retired.
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