Mrpumperitis
Legendary
 Offline
Activity: 2730
Merit: 1075
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August 02, 2016, 11:23:01 PM |
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Not my night tonight
You didn't have funds at Bitfinex, right? Be happy mate. People lost everything. Is the hack so bad really? Any details came out about it? i hear 120k btc  ye bye finex if true...hope peeps have a gd lawyer,lol |
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yefi
Legendary
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Activity: 2842
Merit: 1511
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August 02, 2016, 11:23:03 PM |
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usd on polo, or usdt, is a tiny market. it's hardly even worth mentioning. it was about 4 million dollars equivalent over the last twenty four hours. you can't base much on that volume compared to other places.
I wonder if people know they aren't trading USD there but USD Tether? This is bad for everyone involved in crypto. The disgusting part is that some people act amused.  Cheerful would be my attitude, and what can be more important than maintaining cheerfulness in the midst of a gloomy task? |
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 02, 2016, 11:23:16 PM |
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no time to explain, i need everyone in china two jump up and down at the same time.
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podyx
Legendary
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Activity: 2338
Merit: 1035
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August 02, 2016, 11:23:52 PM |
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How come they lost so much? Aren't they storing cold?
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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August 02, 2016, 11:25:50 PM |
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seriously i dont even blame bitfinex, i blame everyone who is such a moron to keep his coins on exchanges. even after we had so many hacks meanwhile...
totally agree with you man... who leaves coin in an exchange after all these problems. Exchanges are made to be in --> out Unless you want to be an active trader... which might not be the best idea after all.... Just think though, if you rush in and out, who is going to be your counterparty? volatility all over the place. |
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Derek492
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August 02, 2016, 11:26:23 PM |
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MT Gox all over again?
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BlindMayorBitcorn
Legendary
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Activity: 1260
Merit: 1115
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August 02, 2016, 11:26:44 PM |
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The real question is when do we fork off those criminal coins?
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adamstgBit
Legendary
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Activity: 1904
Merit: 1037
Trusted Bitcoiner
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August 02, 2016, 11:27:36 PM |
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How come they lost so much? Aren't they storing cold?
No. Users had multisig addys. They didn't use hot/cold. can you (or anyone else ) explain the 2/3 keys needed to move the coins? 1 is the client 1 is bitfienx what's the 3rd??? |
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cmacwiz
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August 02, 2016, 11:27:41 PM |
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another wildfire cleanses the bitcoin space. But now can the devs & miners deliver the KO blow --- and KILL BITCOIN
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savetherainforest
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August 02, 2016, 11:28:12 PM |
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I went for a shower... missed all the fun...  I see a lot of explosions happening... and 2nd degree burns... Run bears... run!!!
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European Central Bank
Legendary
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Activity: 1288
Merit: 1087
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August 02, 2016, 11:28:41 PM |
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can you (or anyone else ) explain the 2/3 keys needed to move the coins?
1 is the client
1 is bitfienx
what's the 3rd???
is it not bitgo? whatever or whoever it is, it sure as hell don't work very well. |
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cmacwiz
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August 02, 2016, 11:28:43 PM |
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The real question is when do we fork off those criminal coins?
ASAP fork to unlimited blocksize will fix everything |
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Holliday
Legendary
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Activity: 1120
Merit: 1009
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August 02, 2016, 11:28:50 PM |
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You couldn't pay me to send Bitfinex any amount of bitcoin or dollars.
BTC5K is a lot of coins to be intimidating with. Can't imagine an idiot handling $3.7MM
Well, he's deposited that many coins at Finex so... yeah. How much money do you make trading when the exchange goes tits up and accidentally all the coins? People need to learn the easy way, from the mistakes of others, as opposed to actually sticking their hand in the fire. If you aren't the sole controller of your private keys, you don't have any bitcoins. I mean, I hate to sound like a broken record, but do we really need to keep learning this lesson the hard way? |
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podyx
Legendary
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Activity: 2338
Merit: 1035
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August 02, 2016, 11:29:44 PM |
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Are you guys buying or selling right now?
Anyone lost coins on finex btw?
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Ted E. Bare
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August 02, 2016, 11:30:37 PM |
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I'm doing exactly nothing. Holding my coins in cold storage.
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Spaceman_Spiff
Legendary
Offline
Activity: 1638
Merit: 1001
₪``Campaign Manager´´₪
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August 02, 2016, 11:30:45 PM |
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How come they lost so much? Aren't they storing cold?
No. Users had multisig addys. They didn't use hot/cold. can you (or anyone else ) explain the 2/3 keys needed to move the coins? 1 is the client 1 is bitfienx what's the 3rd??? I guess the thing is: why would Bitgo not sign when things look normal? If they hadn't installed proper "danger signals" that would stop automatic processing, an automated 2-of-3 is as bad as a normal hot wallet. |
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marcus_of_augustus
Legendary
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Activity: 3920
Merit: 2348
Eadem mutata resurgo
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August 02, 2016, 11:30:56 PM |
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seriously i dont even blame bitfinex, i blame everyone who is such a moron to keep his coins on exchanges. even after we had so many hacks meanwhile...
agreed, and think about why those people are storing coins on an exchange ... to earn interest from others who are shorting the bitcoin price zero shits given for anyone that loses their coins on bitfinex ... fuck off and never come back to bitcoin |
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Mrpumperitis
Legendary
Offline
Activity: 2730
Merit: 1075
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August 02, 2016, 11:31:37 PM |
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The real question is when do we fork off those criminal coins?
even if btc wanted too , it cant unless every single transaction on entire blockchain get reversed |
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marcus_of_augustus
Legendary
Offline
Activity: 3920
Merit: 2348
Eadem mutata resurgo
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August 02, 2016, 11:32:00 PM |
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I might as well shut my node off now. Bye fellas.  so all finexed then?  But seriously tho. This is serious.  no it's not, just a bump. finex and the idiots that used it had to go ... bye felicia. |
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GreekGeek
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August 02, 2016, 11:32:15 PM |
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Are you guys buying or selling right now?
Anyone lost coins on finex btw?
67 BTC  |
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