hawkins
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August 07, 2016, 02:14:44 PM |
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Well, I heard that 120k BTC has been stolen from the site, and make bitcoin prices down lately. but, I think bitcoin prices bounce back and will probably go back to the previous price, I think, if bitfinex not hacked, bitcoin prices may reach $ 750 - $ 800 in this month, but everything has happened
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GreenBits
Legendary
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Activity: 1148
Merit: 1048
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August 07, 2016, 02:15:51 PM |
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Jerry Seinfeld to Police Officer: my bike was stolen! Police: ok, I'll take a report. Seinfeld: I'm never going to see my bike again, am I? Police: No, no your not. Seinfeld: So why are you making a report? Police: It makes people feel good, like they've done something. I don't really turn in these reports, it's too much work for nothing. Just forget about your bitcoins. You're never going to see them again and the police won't do anything, even if they knew what Bitcoin is and knew how to trace them. and what about Bitfinex? forget it too? let it run the same business as nothing happened? Oh, have they reopened already? LOL Bitfinex is gone. They will not reopen. If they reopened and anyone was stupid enough to give them money then they deserve to lose it. I call that, "paying the dumbass tax". That's the tax you have to pay because you're a dumbass. The owners of Bitfinex must know their business is over. Then again, people paid the dumbass tax to ButterFuck Labs for mining equipment over a year after it was well known that they were thieves. You would think that, and then you read about guys buying more ETH, or sending HashOcean additional monies. It's like children playing here, you can never trust the 'common sense' response to an issue. Lost money? Throw more money at it. Dumbass tax is brilliant, and I will be using this phrase liberally in the altcoin section from now on. It pretty much sums up this entire sphere, lol. Thank you sir You get a cookie.
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QuestionAuthority
Legendary
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Activity: 2156
Merit: 1393
You lead and I'll watch you walk away.
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August 07, 2016, 02:24:00 PM |
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Feel free to use it. I wish I could claim ownership of that phrase. My father ran a used car dealership. He used to raise the price of some vehicles when certain people came in to buy a car. When I was a teenager I worked with him for a couple of years and asked him why he did that to certain people. He told me he had an eye for spotting people that could afford the "dumbass tax".
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goinmerry
Legendary
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Activity: 2940
Merit: 1083
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August 07, 2016, 03:09:46 PM |
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Jerry Seinfeld to Police Officer: my bike was stolen! Police: ok, I'll take a report. Seinfeld: I'm never going to see my bike again, am I? Police: No, no your not. Seinfeld: So why are you making a report? Police: It makes people feel good, like they've done something. I don't really turn in these reports, it's too much work for nothing. Just forget about your bitcoins. You're never going to see them again and the police won't do anything, even if they knew what Bitcoin is and knew how to trace them. and what about Bitfinex? forget it too? let it run the same business as nothing happened? Oh, have they reopened already? LOL Bitfinex is gone. They will not reopen. If they reopened and anyone was stupid enough to give them money then they deserve to lose it. I call that, "paying the dumbass tax". That's the tax you have to pay because you're a dumbass. The owners of Bitfinex must know their business is over. Then again, people paid the dumbass tax to ButterFuck Labs for mining equipment over a year after it was well known that they were thieves. BTW: The real loss in all this is consumer confidence. The more these incidents happen the more people look at Bitcoin as a den of thieves. The people losing all their bitcoins to these constant crooked businesses and exchanges will leave Bitcoin forever and start talking shit about it to anyone that will listen. Well I guess all the equipment and time spent for maintenance and other things are all paid up that is why they already run. Plus a lot of profit. Of course you will never run yet when all of that is not paid enough.
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tvbcof
Legendary
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Activity: 4704
Merit: 1276
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August 07, 2016, 05:01:04 PM |
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Feel free to use it. I wish I could claim ownership of that phrase. My father ran a used car dealership. He used to raise the price of some vehicles when certain people came in to buy a car. When I was a teenager I worked with him for a couple of years and asked him why he did that to certain people. He told me he had an eye for spotting people that could afford the "dumbass tax".
Stealing from myself from a few years ago: One of the SomethingAwful guys came up with the following characterization a few years ago which I'll paraphrase:
"Bitcoin involves smart criminals, dumb Libertarians, and people of ambiguous intellect taking advantage of both."
...
Now, in 2016 and after the long anticipated (by me at least) so-called 'hack' of Bitfinished I'll suggest that those of us who are mainly whole and are still operational in this forum and under a stable persona tend to bin heavily into the last category. Perhaps I'm wrong, but it's the sense I get. I'll admit to paying the 'dumbass tax' in most of transactions I've made involving vehicles over my life. When this has not been the case it has been mostly a result of dumb luck. Bitcoin and other financial sphere decisions have made it so that I can accept this form of tax when I choose to and when I want to focus on other priories.
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sig spam anywhere and self-moderated threads on the pol&soc board are for losers.
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Bitcoinpro
Legendary
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Activity: 1344
Merit: 1000
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August 07, 2016, 05:06:47 PM |
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Feel free to use it. I wish I could claim ownership of that phrase. My father ran a used car dealership. He used to raise the price of some vehicles when certain people came in to buy a car. When I was a teenager I worked with him for a couple of years and asked him why he did that to certain people. He told me he had an eye for spotting people that could afford the "dumbass tax".
Stealing from myself from a few years ago: One of the SomethingAwful guys came up with the following characterization a few years ago which I'll paraphrase:
"Bitcoin involves smart criminals, dumb Libertarians, and people of ambiguous intellect taking advantage of both."
...
Now, in 2016 and after the long anticipated (by me at least) so-called 'hack' of Bitfinished I'll suggest that those of us who are mainly whole and are still operational in this forum and under a stable persona tend to bin heavily into the last category. Perhaps I'm wrong, but it's the sense I get. I'll admit to paying the 'dumbass tax' in most of transactions I've made involving vehicles over my life. When this has not been the case it has been mostly a result of dumb luck. Bitcoin and other financial sphere decisions have made it so that I can accept this form of tax when I choose to and when I want to focus on other priories. might as well change that to politicians bankers and rich people they are the ones who wrote that dumb line anyway
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WWW.FACEBOOK.COM
CRYPTOCURRENCY CENTRAL BANK
LTC: LP7bcFENVL9vdmUVea1M6FMyjSmUfsMVYf
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vapourminer
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Activity: 4466
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what is this "brake pedal" you speak of?
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August 07, 2016, 05:58:05 PM |
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Dumbass tax is brilliant, and I will be using this phrase liberally in the altcoin section from now on. It pretty much sums up this entire sphere, lol. Thank you sir my dad used this phrase on me when i was a youngster. i still pay it here and there but thankfully, less than i used to.
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ixus
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August 07, 2016, 07:10:44 PM |
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I guess that majority of the traders are somehow aware of the risks involved with centralized crypto exchanges. The irony in these repetitive situations is that with a tiny small fraction of the stolen money community can crowdfund decent decentralized exchange. Maybe "hacker" will do it.
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Daneric
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August 07, 2016, 07:18:08 PM |
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This issue of cryptocurrenxy entities being 'hacked ' is becoming common. There is a lot to be desired about the 'hacking'than meets the eye. There seems to be a cartel that is out to fleece people of their coins. This means that if you want to get rich, just start an exchange or a gambling site and people will accumulate their coins there. Once enough has been accumulates, you stage-manage hacking and get all the coins for yourself.
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naidray
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Activity: 1232
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August 07, 2016, 08:41:58 PM |
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its really sad to see that such stuff happens, fortunately i didnt have any money in it
This is pretty common. Remember gox and cryptsy? They had security breach as well and were slowly going bankrupt until they went public. This is why I never fully trust hot wallets from exchangers. I would always transfer them to a desktop or a hardware wallet everytime I'm done using it.
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useless4
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CryptoTalk.Org - Get Paid for every Post!
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August 07, 2016, 08:58:10 PM |
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its really sad to see that such stuff happens, fortunately i didnt have any money in it
This is pretty common. Remember gox and cryptsy? They had security breach as well and were slowly going bankrupt until they went public. This is why I never fully trust hot wallets from exchangers. I would always transfer them to a desktop or a hardware wallet everytime I'm done using it. yeah, i bitcoin world i think it is not the first and not the last time because these websites sometimes are legit robbed and sometimes they just scam people
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data1
Member
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August 07, 2016, 08:59:23 PM |
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i do not see any link where hacker moved the balance and the site didn't give it too. it states that maybe the funds are not stolen they has steel it
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smoothie
Legendary
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Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
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August 07, 2016, 09:53:36 PM |
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its really sad to see that such stuff happens, fortunately i didnt have any money in it
This is pretty common. Remember gox and cryptsy? They had security breach as well and were slowly going bankrupt until they went public. This is why I never fully trust hot wallets from exchangers. I would always transfer them to a desktop or a hardware wallet everytime I'm done using it. yeah, i bitcoin world i think it is not the first and not the last time because these websites sometimes are legit robbed and sometimes they just scam people centralized exchanges are obsolete before they are even made obsolete. Decentralized exchanges exist, but how many actually use them? I haven't done much research into it, but I would imagine a decentralized exchange not being able to operate fiat to crypto (and reverse) trades etc. Fiat is sticky in the sense that it usually only goes along with a centralized platform.
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patronis
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August 07, 2016, 10:15:28 PM |
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its really sad to see that such stuff happens, fortunately i didnt have any money in it
This is pretty common. Remember gox and cryptsy? They had security breach as well and were slowly going bankrupt until they went public. This is why I never fully trust hot wallets from exchangers. I would always transfer them to a desktop or a hardware wallet everytime I'm done using it. yeah, i bitcoin world i think it is not the first and not the last time because these websites sometimes are legit robbed and sometimes they just scam people centralized exchanges are obsolete before they are even made obsolete. Decentralized exchanges exist, but how many actually use them? I haven't done much research into it, but I would imagine a decentralized exchange not being able to operate fiat to crypto (and reverse) trades etc. Fiat is sticky in the sense that it usually only goes along with a centralized platform. Problem with decentralized exchanges is you to get multiple coins on the same chain, you need to temp. swap for a placeholder asset which means you're trusting a central authority to exchange you back the real coins
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Nimbulan
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August 07, 2016, 10:25:51 PM |
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i do not see any link where hacker moved the balance and the site didn't give it too. it states that maybe the funds are not stolen they has steel it
well it was made smoothly i guess though i hope that the hacker is going to be compromised, in my opinion he will sooner or later have to return all the bitcoins
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Doamader
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August 07, 2016, 10:32:37 PM |
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Well hackers dont work for free would be good to call anonymous group to investigate those deeply, atleast we would know where the bitcoins went,and are, makes no sense a huge attack and no information about the problem, besides we lost 120k bitcoins thats all, have a nice weekend.
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asriloni
Legendary
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Activity: 3150
Merit: 1032
Leading Crypto Sports Betting & Casino Platform
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August 08, 2016, 12:33:46 AM |
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Jerry Seinfeld to Police Officer: my bike was stolen! Police: ok, I'll take a report. Seinfeld: I'm never going to see my bike again, am I? Police: No, no your not. Seinfeld: So why are you making a report? Police: It makes people feel good, like they've done something. I don't really turn in these reports, it's too much work for nothing. Just forget about your bitcoins. You're never going to see them again and the police won't do anything, even if they knew what Bitcoin is and knew how to trace them. And need to underline the police just wanna to take care of the criminal is regulated on the constitution maybe it's wrong if you trying to report on the police not in the cyber crime section but the ending in my opinions is always same, will useless.
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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philipma1957
Legendary
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'The right to privacy matters'
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August 08, 2016, 01:36:25 AM |
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Looks like a win for ETH_ETC and a loss for BTC.
Lets see 60 million in BTC stolen and BTC blockchains helps thief steal it .
ETH has a 120 million dollar loss and developers find a way to fix it and create a second gpu coin to mine in ETC.
win win for ETC_ETH
loss for BTC
BTC has to solve its scaling issues right now exchanges are how BTC becomes liquid since it can't do more then 700,000 transactions on a perfect day on the blockchain.
Allowing exchanges to 'Steal' BTC or hackers to 'Steal' BTC over and over and over and over and over and over is not going to work.
I suffered no loss with the ETC_ETH fork I suffered a 240 of 720 usd loss with the bitfinex hack.
ETH developers saved the day BTC developers will allow the coins to be mixed away and won't increase the transaction cap in effect on BTC which is forcing off chain trades with crooked or incompetent exchanges.
Not good for a heavy hitter with big cash.
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bones261
Legendary
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Activity: 1806
Merit: 1828
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August 08, 2016, 01:50:24 AM |
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What exactly am I supposed to do with my newly acquired 141 BFX tokens? Since I live in the US and the trading of them will be limited for me, are they just there to remind me of my folly?
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Quickseller
Copper Member
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Activity: 2982
Merit: 2371
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August 08, 2016, 01:53:24 AM |
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What exactly am I supposed to do with my newly acquired 141 BFX tokens? Since I live in the US and the trading of them will be limited for me, are they just there to remind me of my folly? I believe that the PR guy has said that US customer will be able to withdraw them. I suspect that this will allow for OTC trading of them and possibly trading of them on other exchanges.
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