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Question: What happens first:
New ATH - 43 (69.4%)
<$60,000 - 19 (30.6%)
Total Voters: 62

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Author Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion  (Read 26373708 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. (174 posts by 3 users with 9 merit deleted.)
wachtwoord
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February 11, 2014, 05:00:21 PM
 #86221

if i asked you on november 30th, when bitstamp was about to hit $ 1100,- and everyone was expecting the bubble to burst any moment, where btc price would be in after

-china "bans" bitcoin
-russia declares btc illegal
-apple bans the last last wallet app
-gox stops btc withdrawels
-gox releasing a press release making it sound btc code is broken  

?

around $ 700 you say ?  Wink

So nothing real
"This isn't the kind of software where we can leave so many unresolved bugs that we need a tracker for them." -- Satoshi
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ShroomsKit
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February 11, 2014, 05:02:42 PM
 #86222


Great, now the sheep can stop the panic. Oh wait.
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February 11, 2014, 05:02:47 PM
 #86223

Done with Gox
Explanation
JCviggen
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February 11, 2014, 05:12:40 PM
 #86224


Great, now the sheep can stop the panic. Oh wait.

I'm not panicking, but I would appreciate getting my withdrawal from nearly a day ago... they were working today anyway, but the ones that got stuck yesterday have not moved and btc-e hasn't commented on it in any language.
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February 11, 2014, 05:16:54 PM
 #86225

sell off inprogress

and... its gone
nmersulypnem
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February 11, 2014, 05:35:23 PM
 #86226

if i asked you on november 30th, when bitstamp was about to hit $ 1100,- and everyone was expecting the bubble to burst any moment, where btc price would be in after

-china "bans" bitcoin
-russia declares btc illegal
-apple bans the last last wallet app
-gox stops btc withdrawels
-gox releasing a press release making it sound btc code is broken  

?

around $ 700 you say ?  Wink

With all this FUD, I reckon we can get ~600$/coin if we place bids today and pray


I think you misunderstand the term FUD...

-china "bans" bitcoin  <-- CERTAINTY
-russia declares btc illegal  <-- CERTAINTY
-apple bans the last last wallet app  <-- CERTAINTY
-gox stops btc withdrawels  <-- CERTAINTY
-gox releasing a press release making it sound btc code is broken  <-- CERTAINTY


The opposite of FUD is FOD - Foolishness Overconfidence Denial
gizmoh
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February 11, 2014, 05:39:31 PM
 #86227

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40
https://bitcointalk.org/index.php?topic=459464.0


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.
adamstgBit
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February 11, 2014, 05:41:43 PM
 #86228

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.

interesting.

has this been confirmed, source?
fonzie
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February 11, 2014, 05:43:06 PM
 #86229

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.

HOLY SHIT. That sounds really really bad, we might see Bitcoin back below 100$.
Also stop hatin on MtGox! They might have rescued Bitcoin(for now) before everyone worldwide would have been robbed. Cool
fonzie
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February 11, 2014, 05:44:26 PM
 #86230

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.

interesting.

has this been confirmed, source?


Confirmed by Bitcoins greatest cult leader Charles Manson Andreas M. Antonopoulos
gizmoh
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February 11, 2014, 05:44:48 PM
 #86231

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.

interesting.

has this been confirmed, source?


https://bitcointalk.org/index.php?topic=459678.0
https://bitcointalk.org/index.php?topic=457546.0
https://bitcointalk.org/index.php?topic=460375.0
fonzie
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February 11, 2014, 05:47:23 PM
 #86232

aminorex
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February 11, 2014, 05:48:25 PM
 #86233

-china "bans" bitcoin  <-- CERTAINTY
-russia declares btc illegal  <-- CERTAINTY

Brutal totalitarian regimes hate our freedom.

Quote
-apple bans the last last wallet app  <-- CERTAINTY

Apple hates our freedom.

Quote
-gox stops btc withdrawels  <-- CERTAINTY
-gox releasing a press release making it sound btc code is broken  <-- CERTAINTY

Gox keeps good company.
fonzie
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February 11, 2014, 05:51:12 PM
 #86234

http://www.coindesk.com/jpmorgan-report-bitcoin-inferior-fiat-currency/
Walsoraj
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February 11, 2014, 05:52:25 PM
 #86235

https://www.bitstamp.net/article/bitcoin-withdraws-suspended/

Oh shit.
fonzie
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February 11, 2014, 05:52:32 PM
 #86236

If they can fix this bug in the next months then Bitcoin might stabilize above 10$, otherwise i see no future for a bugged scam currency Sad
adamstgBit
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February 11, 2014, 05:54:03 PM
 #86237

Quote
Dear Bitstamp users

Bitstamp’s exchange software is extremely cautious concerning Bitcoin transactions. Currently it has suspended processing Bitcoin withdrawals due to inconsistent results reported by our bitcoind wallet, caused by a denial-of-service attack using transaction malleability to temporarily disrupt balance checking. As such, Bitcoin withdrawal processing will be suspended temporarily until a software fix is issued.

No funds have been lost and no funds are at risk.

This is a denial-of-service attack made possible by some misunderstandings in Bitcoin wallet implementations. These misunderstandings have simple solutions that are being implemented as we speak, and we're confident everything will be back to normal shortly.

Withdrawals which failed on the 10th and 11th of February will be canceled and the amounts added back to the customer account balances.

We will communicate any further developments regarding this issue.

Thank you for your understanding!

Best regards
Bitstamp team
fonzie
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February 11, 2014, 05:54:14 PM
 #86238


HOLY SHIT. THANKS FOR SHARING, IT LOOKS REALLY REALLY BAD RIGHT NOW. ALL THOSE HATERS THAT TOLD ITS ONLY GOX FAULT WILL BE PUNISHED.
bassclef
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February 11, 2014, 05:54:38 PM
 #86239

Bitcoin is currently in a denial of service mode.

"aantonop: Tx malleability is now used in active broad-based attack against bitcoin network. Funds NOT at risk, but Denial-of-Service in progress"


Meanwhile many Bitstamp and btc-e withdrawals have gone AWOL.
https://bitcointalk.org/index.php?topic=459836.40
https://bitcointalk.org/index.php?topic=459464.0


Some panic is in order. Kindly SELL in orderly fashion, before we hit the cliff.

So does this affect transactions in any way? No, it does not. I'll be kindly buying.
threecats
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February 11, 2014, 05:56:56 PM
 #86240


"“Recall that currencies don’t become widely used spontaneously or through a grassroots campaign. They become widely used nationally because a government declares them legal tender, and they become widely used internationally because they are legal tender in a significant economic area with large, unrestricted capital markets.”

Yea, governments sanctioned facebook twitter p2p arab spring and so much of what else that's been happening lately ...
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