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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 21433515 times)
This is a self-moderated topic. If you do not want to be moderated by the person who started this topic, create a new topic. (129 posts by 23 users deleted.)
Fatman3001
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January 05, 2015, 10:58:54 PM

Bitstamp Claims Roughly 19,000 BTC Lost in Hot Wallet Hack

http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack

So it was true, still not a huge blow.

Nejc handled it well. Hope they learn something out of it.

Mind providing the source from where the statement initially came from?
Stan Higgins @Coindesk

Weird silence from stamp. Statement to journalist speaks to me they were pressed for answers.

If you're having security issues you might want to wait till they are all plugged before you tell the world about them in full.
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The Bitcoin Forum is turning 10 years old! Join the community in sharing and exploring the notable posts made over the years.
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ChartBuddy
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1PwXK9TpmmaaqaZz2eqcLkPU2C1Fcva39G


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January 05, 2015, 10:59:56 PM


Explanation
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playing pasta and eating mandolinos


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January 05, 2015, 11:00:06 PM

NotLambchop
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January 05, 2015, 11:00:38 PM

...
If you're having security issues you might want to wait till they are all plugged before you tell the world about them in full.

You might do the same if you're stalling for time Undecided
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January 05, 2015, 11:02:34 PM

It seems like the $5M question is whether Stamp has spare BTC to cover the loss, or do they have to buy some of those 18K btcs in the market to return back to their users.

If they make everyone whole and swallow the loss, I wonder how Stamp users will feel? Do you switch because they were hacked, or do you stay loyal because they made everyone whole even after they fucked up. I mean shit happens, its nice to know that they are willing to take a hit to preserve their users' funds (like Blockchain did when some of their wallets were hacked).
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January 05, 2015, 11:03:03 PM

Whoa, check out that bangin' green sex toy on BFX!
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January 05, 2015, 11:03:22 PM

This is pretty weird -> https://twitter.com/AdamGuerbuez/status/551862867956617216
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January 05, 2015, 11:05:13 PM
Last edit: January 06, 2015, 05:52:11 AM by Wandererfromthenorth

http://pastebin.com/6Gc1Zh2g
njcarlos
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January 05, 2015, 11:05:19 PM

Someone just got aggressive on finex.
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January 05, 2015, 11:08:52 PM

Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue
Deadstock
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January 05, 2015, 11:09:54 PM

sorry for those who got MT.STAMP'd
kryptopojken
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January 05, 2015, 11:09:59 PM

Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this
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January 05, 2015, 11:11:48 PM

Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

The pump of the last hope to fuckin get out of this mess maybe.

Either way pumping is crucial at this point to keep bitcoin afloat, investors know it i guess.
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January 05, 2015, 11:13:24 PM

Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

This usually means someone knows something the rest of us of the great unwashed masses does not  Smiley
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January 05, 2015, 11:14:05 PM

Only in Bitcoin could one of famous exchanges announce hack and people start buying immediately after  Tongue

I really don't understand this

My guess is that this is because:

a) People are relieved that Stamp said they will honor their user's balance and eat the loss with reserves (first GOX-like event that is handled professionally)

b) Speculators are betting that Stamp will have to buy 18K in the market to cover the lost coins

c) Bitcoin is upside-down crazyland where up is down and left is right (though I have experienced this in other markets too)

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January 05, 2015, 11:15:42 PM

sorry for those who got MT.STAMP'd

Gox was so much cooler.
Getting Goxed rolls off the tongue.
Getting stamped just doesn't have the same effect.
keewee
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January 05, 2015, 11:17:02 PM

sorry for those who got MT.STAMP'd

Gox was so much cooler.
Getting Goxed rolls off the tongue.
Getting stamped just doesn't have the same effect.

Stamped on!
turtoro
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January 05, 2015, 11:19:54 PM


Not really. Indications that something was up started a few days ago it was just not headline news only trickles, dont read too much into it.
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January 05, 2015, 11:20:38 PM


This dude is the hacker???

Edit:
Nvm, i get it now...
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January 05, 2015, 11:22:16 PM

I don't give a sh#@$t about Bitstamp, but I would prefer that their implosion doesn't send Bitcoin further down the drain.


Why not? Cheap coins Grin Grin
I mean, bitcoin won't die does it? Please,... tell me it won't die.
please
please
please!

Wink

Bitcoin won't die, but it will be a lot less useful. The infrastructure around it will probably die. And I respect you too much to tell you where you can shove your cheap coins.

Bitcoin will finally separate from fiat, will become much more useful, and its price in USD will have no significance.

Although I have said "TO DA MOON!!!" quite a lot myself as well, I don't actually live on the moon; yet. Until then, fiat matters.

sheesh thats one dumb ass comment after another...
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