Bitcoin Forum
December 05, 2016, 04:44:33 AM *
News: Latest stable version of Bitcoin Core: 0.13.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 1189 »
  Print  
Author Topic: Wall Observer - MtGoxUSD wall movement tracker  (Read 1649469 times)
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:19:59 AM
 #821

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
1480913073
Hero Member
*
Offline Offline

Posts: 1480913073

View Profile Personal Message (Offline)

Ignore
1480913073
Reply with quote  #2

1480913073
Report to moderator
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1480913073
Hero Member
*
Offline Offline

Posts: 1480913073

View Profile Personal Message (Offline)

Ignore
1480913073
Reply with quote  #2

1480913073
Report to moderator
1480913073
Hero Member
*
Offline Offline

Posts: 1480913073

View Profile Personal Message (Offline)

Ignore
1480913073
Reply with quote  #2

1480913073
Report to moderator
1480913073
Hero Member
*
Offline Offline

Posts: 1480913073

View Profile Personal Message (Offline)

Ignore
1480913073
Reply with quote  #2

1480913073
Report to moderator
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 21, 2012, 04:20:51 AM
 #822

seriously though. does anyone see a way of successfully recovering from this? u can't just rollback bitcoins.

what evidence is there that a hacker has stolen coins?
Bjork
Sr. Member
****
Offline Offline

Activity: 461


Look for the bear necessities!!


View Profile
July 21, 2012, 04:21:48 AM
 #823

At first I was pretty mad that I sold right before that millionaire bought in

But now I'm glad I did because I think Kentrolla is probably right, BTC will at least momentarily dip quite a bit because of this

smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:21:51 AM
 #824

seriously though. does anyone see a way of successfully recovering from this? u can't just rollback bitcoins.

what evidence is there that a hacker has stolen coins?

He think because he withdrew coins that were tied up in a sell order that he has actually "gained" something...i dunno what he's talking about...

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 04:21:55 AM
 #825

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:22:26 AM
 #826

At first I was pretty mad that I sold right before that millionaire bought in

But now I'm glad I did because I think Kentrolla is probably right, BTC will at least momentarily dip quite a bit because of this


Good thing all I had was fiat then...

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:23:16 AM
 #827

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 21, 2012, 04:23:19 AM
 #828

as long as no coins were stolen i doubt there will be any effect.  a similar event happened last Spring when for about 8h Gox was shut down from a DoS attack.  no problem.

edit: actually i think Gox was down for about 2 days from that DoS attack.
John (John K.)
Global Troll-buster and
Legendary
*
Offline Offline

Activity: 1092


Will read PM's. Have more time lately


View Profile
July 21, 2012, 04:24:35 AM
 #829

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?
Lol, has the order pass through yet? I can 'sell' 1000 BTC although my account has 0 BTC now. Gox has frozen everything I'd wager.

My BTC Tip Jar: 1Pgvfy19uwtYe5o9dg3zZsAjgCPt3XZqz9 , GPG ID: B3AAEEB0 ,OTC ID: johnthedong
Escrow service is available on a case by case basis! (PM Me to verify I'm the escrow!)

kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 04:25:04 AM
 #830

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 21, 2012, 04:26:07 AM
 #831

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

so it didn't actually happen and you're just spreading FUD.
Bjork
Sr. Member
****
Offline Offline

Activity: 461


Look for the bear necessities!!


View Profile
July 21, 2012, 04:26:24 AM
 #832

So who is signing up for an Intersango acc now?   Cheesy

Do they take gox codes i wonder?..  Grin

zvs
Legendary
*
Offline Offline

Activity: 1386



View Profile WWW
July 21, 2012, 04:26:37 AM
 #833

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

how could you?

did sell orders already in place get processed and you kept your coins?

i dunno, i didnt realize it was locked up when i placed my sell.   so, it didnt go thru anyway.

Dacentec, best deals for US dedicated servers. They regularly restock $20-$25 Opterons with 8-16GB RAM & 2x1-2TB HDD's (ofc, usually lots of other good stuff to choose from).  I did a Serverbear benchmark of one of my $20/mo Opteron (June last year), it's here.  Have had about a half dozen different servers with Dacentec, & none have failed to sustain at least 40MB/s (burst higher). My favorite is a 12-month rent-to-own ZT Systems 2XL5520 16GB 2x2TB SATA for $40/month (got lucky with the 'off-brand', haven't seen a RTO 2xL5520 for under $50/mo since -- at least for monthly contracts).  wholesaleinternet.com has some ancient 2-core intel CPUs @ $10/mo sometimes (I got an Intel Core 2 6300 @ 1.86GHz, with a 250GB HDD with 46000 hours on it, LOL. $20 @ Dacentec is much better, if you can grab one). joesdatacenter.com (same location as Wholesale Internet) also occasionally has specials (or if you don't want to wait, it has an AMD Opteron 170 @ $16/mo).
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:26:40 AM
 #834

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

How would you "make" 200 btc? I still don't get it......wtf?

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
smoothie
Legendary
*
Offline Offline

Activity: 1834


LEALANA Monero Physical Silver Coins


View Profile
July 21, 2012, 04:29:11 AM
 #835

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

so it didn't actually happen and you're just spreading FUD.

+1

███████████████████████████████████████

            ,╓p@@███████@╗╖,           
        ,p████████████████████N,       
      d█████████████████████████b     
    d██████████████████████████████æ   
  ,████²█████████████████████████████, 
 ,█████  ╙████████████████████╨  █████y
 ██████    `████████████████`    ██████
║██████       Ñ███████████`      ███████
███████         ╩██████Ñ         ███████
███████    ▐▄     ²██╩     a▌    ███████
╢██████    ▐▓█▄          ▄█▓▌    ███████
 ██████    ▐▓▓▓▓▌,     ▄█▓▓▓▌    ██████─
           ▐▓▓▓▓▓▓█,,▄▓▓▓▓▓▓▌          
           ▐▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▌          
    ▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓─  
     ²▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓╩    
        ▀▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▓▀       
           ²▀▀▓▓▓▓▓▓▓▓▓▓▓▓▀▀`          
                   ²²²                 
███████████████████████████████████████

. ★☆ WWW.LEALANA.COM        My PGP fingerprint is A764D833.        SMOOTHIE'S HEALTH AND FITNESS JOURNAL          History of Monero development Visualization ★☆ .
LEALANA  PHYSICAL MONERO COINS 999 FINE SILVER.
 
proudhon
Legendary
*
Offline Offline

Activity: 1148



View Profile
July 21, 2012, 04:30:16 AM
 #836

This sort of thing has happened before, IIRC.  It didn't seem like it was a big deal to sort out and fix.
kentrolla
Hero Member
*****
Offline Offline

Activity: 504


View Profile
July 21, 2012, 04:30:22 AM
 #837

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

How would you "make" 200 btc? I still don't get it......wtf?
If no one was able to buy/sell during the malfunction they could just rollback to what it was like before it froze up. I was thinking that some people still got their orders filled during the whole mess. I'm now speculating that no one was able to buy/sell from mtgox at the time. At least i hope so. otherwise a rollback would not be an option

sadpandatech
Hero Member
*****
Offline Offline

Activity: 504



View Profile
July 21, 2012, 04:30:30 AM
 #838

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?
if you withdrew coins to your wallet then they were NOT actually 'tied' up in a transaction. If you have a buy or sell that actually gets executed in the order book that's it. no take backs... That is one thing that Gox thus far has not had any issues with. And I highly doubt it is the case now.  Likely scenario is, HUGE ass order got executed, the book steps through all available orders and pauses any pending ones as it works through it. Meaning, if you put in an order while this was happening, no matter whether it displayed pending or not on your screen then nothing actually happened with your funds. Seeing a change on your screen does not = a change in the book that is actually executing orders.

If you're not excited by the idea of being an early adopter 'now', then you should come back in three or four years and either tell us "Told you it'd never work!" or join what should, by then, be a much more stable and easier-to-use system. - GA
It is being worked on by smart people. -DamienBlack
cypherdoc
Legendary
*
Offline Offline

Activity: 1764



View Profile
July 21, 2012, 04:33:08 AM
 #839

so how would they recover from this? their site still lets people withdraw bitcoins. and bitcoin transactions are irreversible. so what do they do? they can't just do a rollback.

They could easily look at your withdrawal history and then take your account that much bitcoins...simple accounting...
what if you never plan on using that account again?

So you withdrew coins that were tied up in an order right? Say a sell order...

They will just not give you your fiat that got converted...how is there any gain there for you?
if you withdrew coins to your wallet how would they reverse that transaction? they would just have an account that has -200btc on it? who would use that?

They wouldnt reverse it. You wouldn't get anything else but the coins that you had in the first place....i'm still not following you...
no, say you made 200btc off of this chaos. then withdrew it to your wallet. what could they do about it?

How would you "make" 200 btc? I still don't get it......wtf?
If no one was able to buy/sell during the malfunction they could just rollback to what it was like before it froze up. I was thinking that some people still got their orders filled during the whole mess. I'm now speculating that no one was able to buy/sell from mtgox at the time. At least i hope so. otherwise a rollback would not be an option

now is not the time to speculate or spread FUD.  this has happened before as i said above.  let's wait for Tux to give us an explanation.  i might head over to IRC to see if he's over there.
zvs
Legendary
*
Offline Offline

Activity: 1386



View Profile WWW
July 21, 2012, 04:33:30 AM
 #840

a lot of steam cleaning for the monies

http://www.youtube.com/watch?v=UeFB-JgqeJU

Dacentec, best deals for US dedicated servers. They regularly restock $20-$25 Opterons with 8-16GB RAM & 2x1-2TB HDD's (ofc, usually lots of other good stuff to choose from).  I did a Serverbear benchmark of one of my $20/mo Opteron (June last year), it's here.  Have had about a half dozen different servers with Dacentec, & none have failed to sustain at least 40MB/s (burst higher). My favorite is a 12-month rent-to-own ZT Systems 2XL5520 16GB 2x2TB SATA for $40/month (got lucky with the 'off-brand', haven't seen a RTO 2xL5520 for under $50/mo since -- at least for monthly contracts).  wholesaleinternet.com has some ancient 2-core intel CPUs @ $10/mo sometimes (I got an Intel Core 2 6300 @ 1.86GHz, with a 250GB HDD with 46000 hours on it, LOL. $20 @ Dacentec is much better, if you can grab one). joesdatacenter.com (same location as Wholesale Internet) also occasionally has specials (or if you don't want to wait, it has an AMD Opteron 170 @ $16/mo).
Pages: « 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 [42] 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 ... 1189 »
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!