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Author Topic: conspiracy about today's crash  (Read 1282 times)
giszmo
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June 11, 2011, 09:06:54 PM
 #1

Hi guys,

when today the rate fell from 25 to 12 the forum was not available to me (empty pages). Also I wondered why there was nothing on twitter for an hour or so. Has it been only me that the forum was unavailable to? Not getting any news via forum or twitter was a bit scary.
I just wonder why nobody else mentioned the forum's unavailability during that time. Was it functional in the US?

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k
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June 11, 2011, 09:10:07 PM
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it was down for me too and for a few other people.

see this discussion on a different (new) forum http://www.bitcoinforums.net/index.php?threads/price-crash-and-other-forum-down.49/

not sure if it was up for others in the US or elsewhere at the time.
Bit_Happy
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June 11, 2011, 09:11:42 PM
 #3

I was not online then. This was a surprise to me 20 to 21 had a great chance of holding.
The Bright Side: Now we can find out who is ready to build the Bitcoin economy.

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piuk
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June 11, 2011, 09:14:25 PM
 #4

The forum was unavailable to me too during the crash. Just out of curiosity who hosts these forums?

http://www.reddit.com/r/Bitcoin/comments/hx510/is_the_bitcoin_forum_down_for_anyone_else/

giszmo
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June 11, 2011, 09:36:35 PM
 #5

so if it was down i would like to know, why. clearly people try to make others sell in panic to buy cheap and taking down the forum while at the same time selling the BTC down 2 dollars is more effective than to scream SELL!!!1!PANIC!! every once in a while.

So I want to know what happened! The forum did not look like it was subject to a ddos as it was answering quickly with empty pages. Was it hacked? Was it configured to reply with empty pages (forum admin wanted to buy) or what?

If I don't get a reasonable answers I'm afraid I would have to leave here. (Not a threat to the forum sure but I would prefer to stay here myself)

nocoiner
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June 11, 2011, 10:04:27 PM
 #6

You will see this kinds of fluctuations in the next years with this currency.  It is normal. Transactions (speculation) of a few people have still a huge impact.  That is going to change in the future as more and more people start to use the currency and rely on it.

The first and most important rule is: don't panic!

And about the forum, I assume that the problems were technical and related to afraid people asking for advice.

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imperi
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June 11, 2011, 10:05:35 PM
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It was all the people in Wall Street, the Obama administration, etc. all conspiring to steal our money. They just did it again, and will get away with it, because in the Bitcoin realm nobody has any accountibility. C
nocoiner
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June 11, 2011, 10:15:10 PM
 #8

You forgot the aliens.  Yeah, perhaps it's a better idea start using CPU power again for things like SETI@Home, that way we could get our money back...

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TradersEdgeDice
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June 11, 2011, 10:16:33 PM
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It was all the people in Wall Street, the Obama administration, etc. all conspiring to steal our money. They just did it again, and will get away with it, because in the Bitcoin realm nobody has any accountibility. C

One of the many reasons why I think it will take a few more years before anybody should trust an exchange.

What's wrong with the IRC being the * only * way to trade BTC?  It's stupid simple to authenticate your identity and the web of trust is a very strong point of the community of bitcoin users.

mtgox and everybody else (tradehill, bitmarket.eu, et al) have too many extra steps.

It's not the extra steps so much as they are insecure steps.

Like what I posted?

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