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Author Topic: BREAKING NEWS: Multiple Exchanges Affected - Possible Global Shutdown  (Read 13861 times)
DeepCryptoanalist3
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February 11, 2014, 06:40:09 PM
 #21

many are doing all again need to some calm down all will be ok in next few days lets fight against this attack  Wink

So attack is real? How the hell is this possible? Client and miners share the same codebase. Why client retransmit similar transactions and do not check them correctly before retransmission?
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February 11, 2014, 06:40:16 PM
 #22

What exactly are they actually trying to achieve with this?

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justusranvier
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February 11, 2014, 06:41:59 PM
 #23

What exactly are they actually trying to achieve with this?
Cheap bitcoins. Same as always.
Leoto
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February 11, 2014, 06:43:38 PM
 #24

It's funny how the so-called "market price" is going down but actual sellers that are willing to sell for those prices are few and far between.
cryptonikus
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February 11, 2014, 06:46:35 PM
 #25

hey guys, what is up with this adress I got it in my blockchain,

1SochiWwFFySPjQoi2biVftXn8NRPCSQC

WTF is that?

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5thStreetResearch
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February 11, 2014, 06:46:58 PM
 #26

I mean yea sure stay calm, the problem will pass, but this is terrible press for bitcoin at a very crucial time for it when it has just started showing up in mainstream media coverage somewhat regularly

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February 11, 2014, 06:52:15 PM
 #27

hey guys, what is up with this adress I got it in my blockchain,

1SochiWwFFySPjQoi2biVftXn8NRPCSQC

WTF is that?

Many people including me got spam payments from that and another address.
deltanine
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February 11, 2014, 06:52:51 PM
 #28

hey guys, what is up with this adress I got it in my blockchain,

1SochiWwFFySPjQoi2biVftXn8NRPCSQC

WTF is that?

Come on!  There are four posts still on the front page concerning this.

https://bitcointalk.org/index.php?topic=459874.0
https://bitcointalk.org/index.php?topic=459529.0
https://bitcointalk.org/index.php?topic=458934.0
https://bitcointalk.org/index.php?topic=459845.0

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February 11, 2014, 06:53:32 PM
 #29

What exactly are they actually trying to achieve with this?
Cheap bitcoins. Same as always.

How will that work if all the exchanges are down?

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FeedbackLoop
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February 11, 2014, 06:53:59 PM
 #30

"Storm" and "teacup" comes to mind:


BTC-E ‏@btcecom  2h
Bitcoin withdrawal works #btce

 BTC-E ‏@btcecom  4h
Update bitcoin wallet. Temporarily withdrawal is not available. #btce


Attackers probably got away with a few hundred or thousands of BTC 40 USD cheaper. Oh well... Community XP +10. Level up?


deltanine
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February 11, 2014, 06:55:49 PM
 #31

What exactly are they actually trying to achieve with this?
Cheap bitcoins. Same as always.

How will that work if all the exchanges are down?

All exchanges are not down.  And if they did all go down, it stands to reason that there would be incredible sell pressure driving the price down when they reopened.


*edited for clarity

Freedom is a state of mind, and then Bitcoin comes along.....
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February 11, 2014, 06:57:49 PM
 #32

And while I'm on the subject ... sometime in the next few months, the wallet of some major site will be hacked and a bunch of people are going to lose all of there bitcoins. You heard it here first.

Sounds like complete FUD to me.

It is not FUD. It is reality. I am stating the obvious. People that allow others to hold their bitcoins for them are generally newbies that are simply unaware of the risk.

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February 11, 2014, 07:01:35 PM
 #33

What's so difficult about keeping BTC in one's own qt wallet?
DeepCryptoanalist3
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February 11, 2014, 07:09:37 PM
 #34

What's so difficult about keeping BTC in one's own qt wallet?

Because it is unneeded. To send money you need only soft that can construct transaction sign it and retransmit it to the network. There also many API like this https://blockchain.info/pushtx to achive this. So one can bother to run qt wallet only to support the bitcoin P2P network.
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February 11, 2014, 07:11:43 PM
 #35

And while I'm on the subject ... sometime in the next few months, the wallet of some major site will be hacked and a bunch of people are going to lose all of there bitcoins. You heard it here first.

Sounds like complete FUD to me.

It is not FUD. It is reality. I am stating the obvious. People that allow others to hold their bitcoins for them are generally newbies that are simply unaware of the risk.

It literally is FUD. You're basing this and the timeframe on absolutly nothing.
DeepCryptoanalist3
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February 11, 2014, 07:18:16 PM
 #36

It literally is FUD. You're basing this and the timeframe on absolutly nothing.

There is no DDoS? Client do not retransmit similar transactions that cause flood? Can you confirm? Are you a developer and very famous with bitcoin client codebase?
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February 11, 2014, 07:20:14 PM
 #37

https://bittylicious.com/ has suspended service too.

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February 11, 2014, 07:24:19 PM
 #38

This is main reason why Im storing PHYSICAL BITCOIN/LITECOIN in HAND and its too risky to store BTC/LTC with exchange companies!   Angry
 
These jealous and lonesome DDoS attackers piss me off!  Angry Angry
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February 11, 2014, 07:26:26 PM
 #39

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.

Smiley

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February 11, 2014, 07:27:19 PM
 #40

It literally is FUD. You're basing this and the timeframe on absolutly nothing.

There is no DDoS? Client do not retransmit similar transactions that cause flood? Can you confirm? Are you a developer and very famous with bitcoin client codebase?

Can you confirm there IS DDOS?  I didn't think so.  It was scammers who apparently did the same thing to gox and bitstamp, and the stupid exchanges got tricked.

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