Bitfinex crash: Soft Fork Now! and after a hard fork

[chek2fire]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

[abacus]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

I don't know, this suggestion seems to me so much ethereal...

 

[Btcvilla]

This is a great idea!

Can we revert back all the way back to November 2013?

[Karartma1]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

I don't know, this suggestion seems to me so much ethereal...

 

Simply clever!


Exchange can not be trusted. They are run in a way that they are not able to meet an increasing demand. This whole story of network problems, maintenance, failures etc. can not be believed anymore.

We have so many examples and I am sick of them all.

[chek2fire]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

I don't know, this suggestion seems to me so much ethereal...

 

you have been slocked 

[ultrloa]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

The Bitfinex is too small for us to bother a fork, soft or hard. We need a fork to increase the block size soon.

[chek2fire]

i see that and anothre propose the same solution for the bitfinex problem

https://www.reddit.com/r/Bitcoin/comments/4p2vds/we_need_to_come_together_as_a_community_on_this/

the only thing we need now is Roger Ver and Gavin supportt. Then Knc can fork the blockchain whenever they want. I will follow this fork with my 333h/ms usb miner asap.

[raphma]

you guys still trust bitfinex? it wasnt the first time that happens in pump/dump.
Last time i had a small lose but it was enough to get all my coins and move on to another exchange.

[Kprawn]

No ways, who will be making these calls for coins to be blacklisted in the future? Consensus? I can see a scenario where the next coins to be blacklisted will be the Satoshi millions or some unknown

address with loads of coins. We cannot allow this to happen to any coins, whatever the reason might be... because it will create a habit where people will want to hard fork for every little thing that goes

wrong with Bitcoin. {hacking etc.. not code exploits} 

[Dafar]

Did you also create this thread on Reddit, or just copy it?


Yes fuck ethereum

[hexafraction]

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

 

Bitfinex, according to official statements, is having connectivity issues which should now be intermittent--they appear to be resolved from my IP address/corner of the world. Any claim of hacks and loss of currency is idle speculation+FUD at present, barring any consistent inability to withdraw/transact or official statement to the matter. No need to fork ANYTHING over downtime, even if your blood pressure shot up as a result.

[pereira4]

Funny, but fortunately we don't apply Proof of Vitalik in Bitcoin.

The whales are taking advantage of the bitfinex crash to shake weak hands before the big pump next week. I cant believe people still havent dump all of their ETH for BTC btw.

[mayax]

Bitfinex is well known for price manipulation. Yes, their website is not working because they were shutting down  the servers

In the mean time, all their clients lost alot of money and Bitfinex earned. Each year was the same shit. they had "tech problems" when the price was high.

[hexafraction]

Bitfinex is well known for price manipulation. Yes, their website is not working because they were shutting down  the servers

In the mean time, all their clients lost alot of money and Bitfinex earned.

Can you substantiate a claim that it's not possible to withdraw funds? Otherwise it's just FUD.

[mixan]

Bitfinex is well known for price manipulation. Yes, their website is not working because they were shutting down  the servers

In the mean time, all their clients lost alot of money and Bitfinex earned.

Jesus!  
No wonder the price is dropping so rapidly within the last 24 hours. I thought it was just a bubble bursting. But this news is not good at all for those that kept any bitcoin in that exchange. Is coinbase next on the chopping block   I sure hope not since I was looking to buy some etherum from them  

[mayax]

Bitfinex is well known for price manipulation. Yes, their website is not working because they were shutting down  the servers

In the mean time, all their clients lost alot of money and Bitfinex earned.

Can you substantiate a claim that it's not possible to withdraw funds? Otherwise it's just FUD.

it's not FUD. all the Bitfinex clients were locked out for more than 8 hours SO, they were unable to withdrawn/sell, etc. In the mean time, the price went down with 10%.

Someone who had 100,000 USD, now he lost 10K just because Bitfinex is a shit exchanger and shut down the servers yearly in order to make huge profits.

[Lauda]

Funny, but fortunately we don't apply Proof of Vitalik in Bitcoin.

This is likely one of the reasons for which Satoshi is gone. What Vitalik has done, and what they're trying to do is counter-intuitive to decentralized blockchains.

I cant believe people still havent dump all of their ETH for BTC btw.

We're most likely talking about people that are solely here because of their own foolish greed.

No wonder the price is dropping so rapidly within the last 24 hours. I thought it was just a bubble bursting.

This is the wrong section for price talk. You might want to visit Speculation.

I sure hope not since I was looking to buy some etherum from them  

Buying a centralized coin with blacklisting? You're supporting all the right things.

it's not FUD. all the Bitfinex clients were locked out for more than 8 hours SO, they were unable to withdrawn/sell, etc. In the mean time, the price went down with 10%.  Someone who had 100,000 USD, now he lost 10K just because Bitfinex is a shit exchanger and shut down the servers yearly in order to make huge profits.

No. You have no idea whether Bitfinex actually had problems or not. It is very normal for something to occasionally go offline. Not repairing a problem on time usually leads to even greater problems and even longer downtime. The real question is whether they've handled it professionally or not.
It might be wise to stay relevant to the thread and not discuss altcoins.

[Mastker]

You need to ask the miners to agree if there should be soft fork or the hard fork. The miners will make the decision, just like the Ethereum miners.

[mixan]

Funny, but fortunately we don't apply Proof of Vitalik in Bitcoin.

This is likely one of the reasons for which Satoshi is gone. What Vitalik has done, and what they're trying to do is counter-intuitive to decentralized blockchains.

I cant believe people still havent dump all of their ETH for BTC btw.

We're most likely talking about people that are solely here because of their own foolish greed.

No wonder the price is dropping so rapidly within the last 24 hours. I thought it was just a bubble bursting.

This is the wrong section for price talk. You might want to visit Speculation.

I sure hope not since I was looking to buy some etherum from them  

Buying a centralized coin with blacklisting? You're supporting all the right things.

it's not FUD. all the Bitfinex clients were locked out for more than 8 hours SO, they were unable to withdrawn/sell, etc. In the mean time, the price went down with 10%.  Someone who had 100,000 USD, now he lost 10K just because Bitfinex is a shit exchanger and shut down the servers yearly in order to make huge profits.

No. You have no idea whether Bitfinex actually had problems or not. It is very normal for something to occasionally go offline. Not repairing a problem on time usually leads to even greater problems and even longer downtime. The real question is whether they've handled it professionally or not.

Blacklisted by who?
People seem to be making some off this temporary coin so there is no harm in buying some to get at first then sell off when the time is right.
Isn't that what alternate coins are all about.  

[ShrykeZ]

Haha keep rollin' rollin' rollin', crazy the effect that this has had though.