Torque
Legendary
 Offline
Activity: 3556
Merit: 5041
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August 02, 2016, 10:46:11 PM |
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~$72 fucking mil ... good job finex Only $63,231,168 at current rate of 528 (and falling). So.... HF and rollback transactions? Lol |
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According to NIST and ECRYPT II, the cryptographic algorithms used in
Bitcoin are expected to be strong until at least 2030. (After that, it
will not be too difficult to transition to different algorithms.)
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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stompix
Legendary
Offline
Activity: 2884
Merit: 6310
Blackjack.fun
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August 02, 2016, 10:46:28 PM |
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~$72 fucking mil ... good job finex Only $63,231,168 at current rate of 528 (and falling). That's called KARMA (diet light version). The thieves are losing millions by the hour. |
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Adriandmen
Sr. Member
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
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August 02, 2016, 10:46:49 PM |
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Holy shit!
RIP the people holding after the halving. This is not something I would have expected.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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August 02, 2016, 10:47:54 PM |
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Ted E. Bare
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August 02, 2016, 10:48:26 PM |
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That's a lot of money.
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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August 02, 2016, 10:49:08 PM |
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holy shit these guys mean business. they started a reddit sub. |
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DaRude
Legendary
Offline
Activity: 2788
Merit: 1815
In order to dump coins one must have coins
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August 02, 2016, 10:50:03 PM |
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That's more than i was hoping for. Any estimates how many coins they held? |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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August 02, 2016, 10:50:28 PM |
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Oh I get it now.
1. Take massive short position on Bitstamp
2. Hack Bitfinex
3. Dump Bitfinex BTC on market as fast as possible
4. Profit !
4a. Collect check from Feds.
ftfy ... say modus operandi for Gox, Feds are paying the worst hackers to steal and disrupt bitcoin ya know |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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August 02, 2016, 10:53:50 PM |
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That's a lot of money.
don't worry it's just a few whale traders ... who should have known better than to leave coinz on exchange ... little guys know to hold coinz close. |
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beastmodeBiscuitGravy
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August 02, 2016, 10:54:40 PM |
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Phil G Potter advocates for Core's 1MB4EVA and soft fork salad, everybody turns a blind eye to repeated site failures and glaring warning signs of incompetence.
I wasn't aware that bitfinex have ever said much about block size, certainly not to the extent of coinbaseman or we'd know about it. they're in the business of quietly screwing everyone, not getting involved in block politics. Fair enough. He was a prominent signatory to the farce that talked down the miners from doing something 4 months ago. https://medium.com/@bitcoinroundtable/a-call-for-consensus-d96d5560d8d6Granted, his importance in this field pretty much ended today. |
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philiveyjr
Legendary
Offline
Activity: 840
Merit: 1000
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August 02, 2016, 10:55:45 PM |
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I doubt there will be a hardfork. But I still can;t imagine 120K coins were hacked. How is that even possible when they had multisig enabled ?
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stompix
Legendary
Offline
Activity: 2884
Merit: 6310
Blackjack.fun
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August 02, 2016, 10:57:48 PM |
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Swamp hit 500....
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stompix
Legendary
Offline
Activity: 2884
Merit: 6310
Blackjack.fun
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August 02, 2016, 11:00:28 PM |
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I can see a movement like
#Bitcoinlivesmatter
starting.
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philiveyjr
Legendary
Offline
Activity: 840
Merit: 1000
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August 02, 2016, 11:01:16 PM |
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Already hit 482, at this rate we might even see 400 by morning. The miners and the CHinese haven't woken up yet. I fear we might drop much lower post that.
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Ted E. Bare
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August 02, 2016, 11:05:28 PM |
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This is bad for everyone involved in crypto. The disgusting part is that some people act amused.  |
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BlindMayorBitcorn
Legendary
Offline
Activity: 1260
Merit: 1115
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August 02, 2016, 11:05:45 PM |
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I might as well shut my node off now. Bye fellas.  |
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_javi_
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August 02, 2016, 11:06:14 PM |
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keeping your coins at exchange is bad
blockchain tech is ok
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Adriandmen
Sr. Member
Offline
Activity: 292
Merit: 251
Telegram: @Adriandmen
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August 02, 2016, 11:06:28 PM |
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It's definitely not going down $400, and I'm expecting a rise again after a couple of days.
Of course, it will probably take months to get back to ~$600.
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