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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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empoweoqwj
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February 12, 2014, 03:41:45 AM |
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2014 is crucial for bitcoin. It has gotten off to a pretty terrible start (Shrem, Gox, now other exchanges). Trust is a very hard thing to gain back.
I have far more trust in the bitcoin ecosystem now knowing that Gox and Shrem—both of whom have caused me not insignificant losses due to their incompetence—are out of the game. Good riddance. Agreed. Good riddance to bad rubbish indeed. But there is a queue of bad rubbish waiting to be unveiled in the coming months unfortunately. And most unfortunately, Gox ain't dead yet either  |
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BitcoinSniper
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February 12, 2014, 03:47:06 AM |
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This is nothing !!! Keep calm . hold your coin . Bitcoin has seen worse  |
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LostDutchman
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February 12, 2014, 03:50:51 AM |
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This is nothing !!! Keep calm . hold your coin . Bitcoin has seen worse GREAT POST! You outdid me!  |
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HenryRomp
Full Member
 Offline
Activity: 174
Merit: 100
Separation of currency and state.
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February 12, 2014, 05:09:03 AM |
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Holy crap, everybody sell now or say goodbye to your life savings
I would go out on a limb and say that most of the people here don't have their life savings in their bitcoin wallets lol If anybody does, this forum's likely where you'll find them. |
A properly secured wallet with bitcoin is in my opinion the safest, most secure, best all-around bet for holding wealth at this moment in history. Go ahead, call me crazy. They've been calling me crazy since 2013. https://churchofbitcoin.org/ |
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empoweoqwj
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February 12, 2014, 05:29:17 AM |
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Holy crap, everybody sell now or say goodbye to your life savings
I would go out on a limb and say that most of the people here don't have their life savings in their bitcoin wallets lol If anybody does, this forum's likely where you'll find them. I think you will find quite a lot of people with their life savings in their bitcoin wallets. Let's face it, very few westerners are into "saving" anyway these days. The "credit boom" saw to that. |
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wywoc
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February 12, 2014, 09:28:07 AM
Last edit: March 31, 2014, 01:23:05 PM by wywoc |
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Gox got in front of it first, but they could have worded their reasoning for halting withdrawals a little better. No one trusts the validity of their claims anymore, so even if they are telling the truth, probably 65% or more of the people don't even believe them because their credibility is shot...
Bitstamp:
No funds have been lost and no funds are at risk.
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Dial595
Newbie
Offline
Activity: 20
Merit: 0
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February 12, 2014, 09:35:52 AM |
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Maybe the attackers are the gouvermrnts who dont want an free currency
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JTB800
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February 12, 2014, 09:37:43 AM |
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Holy crap, everybody sell now or say goodbye to your life savings
I would go out on a limb and say that most of the people here don't have their life savings in their bitcoin wallets lol If anybody does, this forum's likely where you'll find them. I think you will find quite a lot of people with their life savings in their bitcoin wallets. Let's face it, very few westerners are into "saving" anyway these days. The "credit boom" saw to that. Well, I don't think the "credit boom", as you put it, had anything to do with it, but I hear what you are saying. There are probably going to end up being far too many people that have too much money in these "coins" when the fever finally breaks. I love DOGE, for example, (especially its community) but with something like a million dollars of new "coins" hitting the market every week and no cap on the number of coins to be issued going forward, there is almost no hope for a happy ending. And getting back to BTC, there are bound to still be plenty of booms and crashes ahead. Everything is still pretty young. |
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Mitchell
Copper Member
Legendary
Offline
Activity: 3920
Merit: 2198
Verified awesomeness ✔
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February 12, 2014, 09:39:11 AM |
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I love DOGE, for example, (especially its community) All the people that I know are annoying as fuck and the coin itself is a joke. But well, that is my opinion. |
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Gator-hex
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February 12, 2014, 10:04:44 AM |
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Actually blockchain is affected, the data on it is not trustable. Many missing payments, now already chaos. As for shutdown, anything can happen. In past 24 hours, I got several payments that is never be confirmed, if you think this is not serious, then why gox and bitstamp suspended business?
Funny how all this started after Bitinstant CEO arrested for AML. Then MtGox starts to cover it's AML back. Then they went after people exchanging LocalBitcoins for AML in Florida. Then Apple took Bitcoin app off Applestore. Yeah it all looks like someone has got in for Bitcoin! There's something funny going on here.. Sorry Sir, for the good of Rome you musr die! Infamy, INFAMY! They've all got it in-for-me! http://www.youtube.com/watch?v=kvs4bOMv5Xw |
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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February 12, 2014, 10:07:19 AM |
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Possible Global Shutdown? I don't think so.
BitSimple is open, and not affected.
I guess the media has a hard time with the concept of a peer to peer network.
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DeathAndTaxes
Donator
Legendary
Offline
Activity: 1218
Merit: 1079
Gerald Davis
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February 12, 2014, 10:12:31 AM |
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Actually blockchain is affected, the data on it is not trustable. Nonsense. Either you are intentionally spreading misinformation or are just don't understand the issue. Nothing about this affects the blockchain. Please point to a single confirmed transaction which is "not trustable". |
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blueberry
Member
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Activity: 110
Merit: 10
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February 12, 2014, 10:28:55 AM |
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Actually blockchain is affected, the data on it is not trustable. Nonsense. Either you are intentionally spreading misinformation or are just don't understand the issue. Nothing about this affects the blockchain. Please point to a single confirmed transaction which is "not trustable". It's just another newbie poster spreading FUD about Bitcoin. Name: gamecenterukPosts: 4 Activity: 4 Position: Newbie |
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gollum
Sr. Member
Offline
Activity: 434
Merit: 250
In Hashrate We Trust!
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February 12, 2014, 10:50:06 AM |
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What a joke... Im a buyer of BTC at $2 LOL
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Xantrax
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February 12, 2014, 10:51:33 AM |
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nice
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igorr
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February 12, 2014, 10:58:12 AM |
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What a joke... Im a buyer of BTC at $2 LOL
I do not want to pay nor 1 cent for BTC. |
Cлaвьcя, Oтeчecтвo нaшe cвoбoднoe,
Бpaтcкиx нapoдoв coюз вeкoвoй,
Пpeдкaми дaннaя мyдpocть нapoднaя!
Cлaвьcя, cтpaнa! Mы гopдимcя тoбoй!
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Kazimir
Legendary
Offline
Activity: 1176
Merit: 1003
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February 12, 2014, 11:18:50 AM |
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"Possible Global Shutdown" Actually blockchain is affected, the data on it is not trustable. Enough with the FUD already. 1. No coins are lost. 2. No coins are at risk. 3. No transactions are cancelled, withdrawn, blocked, or hindered in any way (other than their tx id getting changed which is completely irrelevant). 4. No double spending whatsoever. Now STFU and educate yourself before speading more nonsense please  |
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hilariousandco
Global Moderator
Legendary
Offline
Activity: 3808
Merit: 2617
Join the world-leading crypto sportsbook NOW!
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February 12, 2014, 12:41:26 PM |
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Think about who would be doing it and why. It isn't some small group, because they would only hit one or two exchanges. It is the bankers' behind-the-scenes hackers, or it is the NSA, or CIA, or FBI, or their counterparts in the various governments of the world, like the group that the KGB turned into, or MI6, or you name it. Bitcoin signals the end of the fiat currencies of the world. Those who are in power don't like that idea. the only way they can legally shut down Bitcoin is to shut down all Internet communications they have so carefully built so that they can rape the people. I'm not a techie, but if I were, I would be advancing all the different ways that I could think of for maintaining and growing public communications beyond the Internet. I would be working to develop an independent communication grid that is entirely decentralized, yet worldwide, just like Bitcoin is. I tend to agree. It could be a small group just looking to buy "cheap coins" for a few days, but it smells more like an attack from somebody really looking to discredit i.e. destroy the trust in bitcoin. Bankers and a few national governments spring to mind. 2014 is crucial for bitcoin. It has gotten off to a pretty terrible start (Shrem, Gox, now other exchanges). Trust is a very hard thing to gain back. It's probably just script kiddies and DDOS-ers getting their kicks rather than people trying to get cheap coins.
2014 is crucial for bitcoin. It has gotten off to a pretty terrible start (Shrem, Gox, now other exchanges). Trust is a very hard thing to gain back.
I have far more trust in the bitcoin ecosystem now knowing that Gox and Shrem—both of whom have caused me not insignificant losses due to their incompetence—are out of the game. Good riddance. Agreed. Good riddance to bad rubbish indeed. But there is a queue of bad rubbish waiting to be unveiled in the coming months unfortunately. And most unfortunately, Gox ain't dead yet either It surely can't function for much longer. Why would people use it once they got their coins out of there? And The Bitcoin Foundation needs to ditch Karpeles. |
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