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Author Topic: Why all shit happens at once?  (Read 1287 times)
Amitabh S
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April 12, 2013, 06:33:31 PM
 #1

There was MtGox DDoS, then the "crash", then BTC-e got hacked or something, then bitcoin-24 is down due to some stuff. Whats going on?

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April 12, 2013, 06:34:14 PM
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Someone really doesn't want Bitcoin to succeed.
Piper67
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April 12, 2013, 06:38:20 PM
 #3

Someone really doesn't want Bitcoin to succeed.

Either that, or it's one hell of a coinkidink  Wink Wink
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April 12, 2013, 06:38:32 PM
 #4

Quote
Why all shit happens at once?
Because it is a computer law.
Like coded inside the very first computer...



The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
Mike Christ
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April 12, 2013, 06:42:14 PM
 #5

Not to mention, on the very same night, my desktop gonked out on me (video card failure) and then my Internet went down!

It's a conspurrhurrdurr!!

Well, maybe that was unrelated, after all.  But it is kinda funny.  I know one couldn't make accusations without hard evidence, but the suspicion doesn't go away just like that.

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April 12, 2013, 06:46:41 PM
 #6

It would seem to me that its just too many people chasing bitcoins from anywhere, where the market isn't ready for that sort of load.

We will learn and move on!

The tin hat brigade could make a story of the sun rising in the morning! Wink

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April 12, 2013, 07:01:03 PM
 #7

Not to mention, on the very same night, my desktop gonked out on me (video card failure) and then my Internet went down!

Now that you mention it, I couldn't find my keys the night of the crash/attack for like 30 minutes.  It's all connected!
SaintFlow
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April 12, 2013, 08:13:01 PM
 #8

I also had to stay longer at work that day!

conspurrhurrdurr indeed

don't let me make you question your assumptions
Gordonium
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April 12, 2013, 08:16:18 PM
 #9

Someone really doesn't want Bitcoin to succeed.

I got that feeling too. It was probably a set up.

Nice try, but Bitcoin rises again!

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nobbynobbynoob
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April 12, 2013, 08:23:05 PM
 #10

The recent dumbass panic selling crash happened shortly after I switched my client to mBTC display. (It's back to BTC now.) I jinx everything, I can assure you. Grin

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April 12, 2013, 08:26:44 PM
 #11

There was MtGox DDoS, then the "crash", then BTC-e got hacked or something, then bitcoin-24 is down due to some stuff. Whats going on?

incredible. when bitcoin survives this bloodshed it will be unbeatable...


i have panic-sent all my coins from gox to btc24. i have panic-redirected all my funds that were heading mtgox towards btc24. no i have no tools left. some other fiat i have sent monday towards gox is trapped somewhere. and i got trapped in the bull trap after initial meltdown on gox and sanked more than 7k € for coins the btc trapped in btc24. f....
Beta-coiner1
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April 12, 2013, 08:46:44 PM
 #12

I think it will take a few weeks for the market to recover.Someone obviously were attacking all the exchanges to somehow limit the viability of BTC.

Largo
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April 12, 2013, 09:40:38 PM
 #13

The recent dumbass panic selling crash happened shortly after I switched my client to mBTC display. (It's back to BTC now.) I jinx everything, I can assure you. Grin

And shortly after i finally downloaded a mobile ticker app so i know when its time to sell my first coins. (will sell a really small percentage at 250-300euro)

I guess it was both triggered by Bitcoin beeing worth too much too early Wink

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