BREAKING NEWS: Multiple Exchanges Affected - Possible Global Shutdown

[Mitchell]

Possible global shutdown? No.

I agree with this. I am getting sick of this bullshit.

[igorr]

The game is over !!!

[eleuthria]

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.

Eh, not FUD exactly.  It's more like a "prediction" of something that based on the historical evidence is already fairly likely to happen.  Bitcoin has a pretty big history of major site XYZ screwing something up and getting "hacked" every few months due to that site's own inadequate security or poor software design.

[DeepCryptoanalist3]

Can you confirm there IS DDOS? 

https://www.bitstamp.net/article/bitcoin-withdraws-suspended/
http://www.coindesk.com/massive-concerted-attack-launched-bitcoin-exchanges/

Is this a hoax?

[tvbcof]

The game is over !!!

...again for about the 5th time since I've been involved.

I love these 'game over' events.  Each one seems to increase my wealth by a significant factor.

[odolvlobo]

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.

I am basing it on these:

Last updated: November 28, 2013, 12:54:33 AM.

List of Bitcoin Heists
Following is the result of research on prior Bitcoin-related thefts. I have provided dates and times as I know them. The list is designed to be as accurate and informative as possible, and most of it is well-referenced. For disputed thefts, I have applied best judgement and included the ones that were most publicly accepted.

Critical (≥10 kBTC)

Rank	Name	Time	Severity
1	Bitcoin Savings and Trust	2011–2012	est. 263024 BTC
2	Silk Road Seizure	October 2013	171955.09292687 BTC
3	MyBitcoin Theft	July 2011	78739.58205388 BTC
4	Linode Hacks	March 2012	l.b. 46653.46630495 BTC
5	July 2012 Bitcoinica Theft	July 2012	40000.00000000 BTC
6*	May 2012 Bitcoinica Hack	May 2012 Unresolved as of December 2012	18547.66867623 BTC 39000 BTC total impact
9	Bitfloor Theft	September 2012	u.b. 24086.17219307 BTC
10	Bitomat.pl Loss	August 2011	est. 17000 BTC
11	Bitcoin7 Hack	October 2011	est. 11000 BTC u.b. 15000 BTC

* Rank includes pass-through impact

Major (≥1 kBTC)

Rank	Name	Time	Severity
14	BTC-E Hack	July 2012	est. 4500 BTC
15	Inputs.io Hack	October 2013	est. 4100 BTC
16	Mass MyBitcoin Thefts	June 2011	4019.42939378 BTC
17	Mooncoin Theft	September 2011	est. 4000 BTC
18	Kronos Hack	Unknown	est. 4000 BTC
19	Bitcoin Rain	2011–2013	est. 4000 BTC
21	Betcoin Theft	April 2012	3171.50195016 BTC
22	June 2011 Mt. Gox Incident	June 2011	l.b. 2643.27 BTC
*	October 2011 Mt. Gox Loss	October 2011	2609.36304319 BTC
*	Andrew Nollan Scam	February 2012	l.b. 2211.07786728 BTC
23	Bit LC Theft	February 2013	est. 2000 BTC
24	Bitcoin Syndicate Theft	July 2012	1852.61553553 BTC
25	ZigGap	2012	a. 1708.65967460 BTC
26	Just Dice Incident	July 2013	a. 1300 BTC
27	BTCGuild Incident	March 2013	a. 1254 BTC
28	2012 50BTC Theft	October 2012	1173.51659074 BTC
*	Bitscalper Scam	2012	est. 1000 BTC

* Unranked because USD value at time does not meet cutoff.

Borderline (<1 kBTC)

Rank	Name	Time	Severity
30	Ozcoin Theft	April 2013	922.99063322 BTC

[igorr]

https://www.youtube.com/watch?v=p2HfFQOvJRc

[guybrushthreepwood]

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.

Eh, not FUD exactly.  It's more like a "prediction" of something that based on the historical evidence is already fairly likely to happen.  Bitcoin has a pretty big history of major site XYZ screwing something up and getting "hacked" every few months due to that site's own inadequate security or poor software design.

It is fud. It's baseless fearmongering. You can't just make shit up. You can "predict" anything then. Bitcoin crashes, problems, bubbles.

[dserrano5]

It's funny to see all major exchanges tumbling except gox now .

[franky1]

worse case scenario, i convert my BTC into LTC and withdraw LTC instead

[Mikcik]

Stay calm, theyre working on it, blockchain.info is not affected, the exchanges that are will have it sorted soon.

no big deal

idio*... people like you with no rational thinkinh dont belong to any community, maybe charity... DONT FUCKING PANIC is a good advice, "no big deal" is not even a close...

[MoneyGod]

The game is over !!!

I don't think the game is over its still going and hope its would be end in a very positive way lets see 

[keithers]

I'm tired of having all bad news...we need some good news dang it!

[whtchocla7e]

Holy crap, everybody sell now or say goodbye to your life savings

[keithers]

It's funny to see all major exchanges tumbling except gox now .

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...

[Mitchell]

Holy crap, everybody sell now or say goodbye to your life savings

[keithers]

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

[keithers]

Thread title is a little misleading.   Possible global shutdown is pretty strongly worded...

[humanitee]

Thread title is a little misleading.   Possible global shutdown is pretty strongly worded...

The fact that mods do nothing to counter the FUD shows how retarded this forum has become. It's not turtles all the way down, it's trolls.

[LiteCoinGuy]

This is one reason why I don't store my bitcoins on exchanges or in other hosted wallets. I am completely unaffected. Hopefully this event will knock some sense into some people.

+1000!

Couldn't have said it better myself!

My $.02.

this will never happen 

but its not the end of the world (or of bitcoin)