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Author Topic: Bad news. Bitstamp trouble? Impact on price?  (Read 2820 times)
ElectricMucus
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January 05, 2015, 11:21:53 AM
 #21

We'll be in the double digit price range in less than 48 hours.
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January 05, 2015, 11:22:01 AM
 #22

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


timestamp of the last trascaction -> 10:10.

bitstamp down from 10:12.
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January 05, 2015, 11:42:49 AM
 #23

I don't think as of now that Bitstamp really is screwed beyond repair. I'm still optimistic! I just hope they disable the pending orders before re-enabling the trading engine. I believe people may be tempted to sell their Bitcoins for FIAT in fear of not being able to get their BTC back!

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January 05, 2015, 12:12:57 PM
 #24

I'm not worried. Lets just wait until their official statement.
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January 05, 2015, 12:17:16 PM
 #25

I'm not worried. Lets just wait until their official statement.

They better invite Roger Ver.
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January 05, 2015, 12:20:20 PM
 #26

I'm not worried. Lets just wait until their official statement.

They better invite Roger Ver.

 Grin
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January 05, 2015, 12:22:00 PM
 #27

I don't think as of now that Bitstamp really is screwed beyond repair. I'm still optimistic! I just hope they disable the pending orders before re-enabling the trading engine. I believe people may be tempted to sell their Bitcoins for FIAT in fear of not being able to get their BTC back!

Many were optimistic in the dawn of MtGox fuckpucinno.

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January 05, 2015, 12:29:21 PM
 #28

Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp’s reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

The chart is flatlined since 9:00 UTC (to present) at 276.8, indicating no trades:

https://bitcoinwisdom.com/markets/bitstamp/btcusd
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January 05, 2015, 12:57:00 PM
 #29

What I find interesting is that they basically halted trading by shutting the site down.

Why halt trading? If there are no deposits nor withdrawals that should not matter on buying or selling.

Seems suspect to me.

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January 05, 2015, 12:58:20 PM
 #30

What I find interesting is that they basically halted trading by shutting the site down.

Why halt trading? If there are not deposits nor withdrawals that should not matter on buying or selling.

Seems suspect to me.
They want to manipulate the market by preventing panic sells.

Lower prices in the longer term aren't good for their revenues which are based on percentage fees.
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January 05, 2015, 01:06:16 PM
 #31

Bitstamp price might change and drop like a rock but doubt it will affect the other already real low bitcoin prices. If anything might get some new buyers in the other exchanges for these lost or stolen coin.
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January 05, 2015, 01:08:07 PM
 #32

Bitstamp price might change and drop like a rock but doubt it will affect the other already real low bitcoin prices. If anything might get some new buyers in the other exchanges for these lost or stolen coin.
Just like how bad news from MtGox didn't affect all the other exchanges during the years it existed. Cheesy Cheesy Cheesy
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January 05, 2015, 01:10:57 PM
 #33

Bitstamp price might change and drop like a rock but doubt it will affect the other already real low bitcoin prices. If anything might get some new buyers in the other exchanges for these lost or stolen coin.


We are around 270 right now.

I bet it is due whale people with inside info of what is going on with stamp, that sold before everything went public
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January 05, 2015, 01:11:24 PM
 #34

Millions lost....
https://bitcointalk.org/index.php?topic=914622.msg10045302#msg10045302
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January 05, 2015, 01:13:45 PM
 #35


I thought u had some info, turns out only FUD  Undecided
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January 05, 2015, 01:13:48 PM
 #36

What I find interesting is that they basically halted trading by shutting the site down.

Why halt trading? If there are no deposits nor withdrawals that should not matter on buying or selling.

Seems suspect to me.
Halt everything is N1 rule before investigation on hack threat

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January 05, 2015, 01:15:16 PM
 #37

What I find interesting is that they basically halted trading by shutting the site down.

Why halt trading? If there are not deposits nor withdrawals that should not matter on buying or selling.

Seems suspect to me.
They want to manipulate the market by preventing panic sells.

Lower prices in the longer term aren't good for their revenues which are based on percentage fees.

Yup, BitStamp crash protection squad leaps into action !   Cheesy

That and possibly to stop people moving BTC off the exchange via Ripple ...

Quote
Bitstamp users, who were using innovative methods such as Ripple to get their money out of Bitstamp, are now unable to perform any actions on the Bitstamp site

https://www.cryptocoinsnews.com/wallet-breach-causes-bitcoin-exchange-bitstamp-to-temporarily-suspend-service/

"Before you embark on a journey of revenge, dig two graves"  - Confucius (China 551BC-479 BC)
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January 05, 2015, 01:16:25 PM
 #38


Guess you can't read or don't understand:

http://www.reddit.com/r/Bitcoin/comments/2re2pw/18864_coins_stolen_from_stamp_that_doesnt_look/
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January 05, 2015, 01:18:34 PM
 #39

not this address... https://www.bitstamp.net

plus mail from bistamp, which i got today:
Quote
Dear customer,

Today our transaction processing server detected problems with our hot wallet and stopped processing withdrawals.

You should STOP SENDING bitcoin deposits to your Bitstamp account IMMEDIATELY as private keys of your deposit address may be lost.

Your bitcoins already deposited with us are stored in a cold wallet and can not be affected.

We will send you more info as soon as possible.

Best regards,

Bitstamp team

MY ACCOUNT WAS HACKED, BUT THIS ASSHOLE DIDN'T CHANGE THE PASSWORD. I DON'T USED THIS FORUM FOR AGES. YOU COULD SEE IT FROM MY ACTIVITY. I USED THIS FORUM FOR FUN AND TO GET SOME BTC FROM SIGNATURES.. NOW I SEE TERRIBLE POSTS AND CRIMINAL OFFENSE FROM MY ACCOUNT. I FEEL VERY SORRY FOR ALL WHO HARMED FROM THIS LAYER ASSHOLE.. I exported my outbox when he was doing dirty jobs.. OUTBOX HERE FOR DOWNLOAD
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January 05, 2015, 01:23:18 PM
 #40

What I find interesting is that they basically halted trading by shutting the site down.

Why halt trading? If there are no deposits nor withdrawals that should not matter on buying or selling.

Seems suspect to me.
Halt everything is N1 rule before investigation on hack threat

The first thing they would have to do is get an expert to take copies of all their server hard drives to stop new data overwriting old data that might be used as evidence.
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