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Author Topic: BTC-e halts LTC deposit/withdrawal for 5 days  (Read 1514 times)
tacotime
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July 25, 2012, 05:24:23 PM
 #1

https://btc-e.com/news/80

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July 25, 2012, 06:05:32 PM
 #2

Smart move.

I'm not a Coinbase fan -- I placed a buy order, they took the funds out of my account, then a week later the price went up and they canceled the buy and closed my account.  You've been warned.  Use a different exchange.
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July 25, 2012, 06:52:00 PM
 #3

I guess some of the goal of the attack has already been achieved, even before the attack has begun. 50% of the exchanges that traffic in ltc have shut down in anticipation!

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July 25, 2012, 06:56:39 PM
 #4

I guess some of the goal of the attack has already been achieved, even before the attack has begun. 50% of the exchanges that traffic in ltc have shut down in anticipation!

The goal was to shut down exchanges?

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July 25, 2012, 07:49:21 PM
 #5

So let's make this clear, it takes one blowhard asshat to declare that he's "gonna hafta 51", and the exchanges start shutting down to hell ?

Iiiiiinnnnnnteeereeesstiiing....
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July 25, 2012, 07:53:14 PM
 #6

So let's make this clear, it takes one blowhard asshat to declare that he's "gonna hafta 51", and the exchanges start shutting down to hell ?

Iiiiiinnnnnnteeereeesstiiing....

Apparently. *facepalm*
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July 25, 2012, 08:36:11 PM
 #7

Worst decision I've seen out of the Russians since......well, let's not go there.
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July 25, 2012, 08:39:07 PM
 #8

Worst decision I've seen out of the Russians since......well, let's not go there.

How is it bad?

Ensuring no double spending occurs is a good thing.

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LoupGaroux
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July 25, 2012, 10:54:11 PM
 #9

I think the goal was to discipline the litecoin community and all of its righteousness. By shuttering their exchanges a goal that serves the greater purpose of the attack is achieved. Certainly it throws water on the theory that it is a profiteering grab by BCX- why kill the exchange if you want to fork, pump and dump?

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July 26, 2012, 01:16:18 AM
 #10

btc-e is down. Been hacked ?

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July 26, 2012, 01:16:55 AM
 #11

btc-e is down. Been hacked ?
BTC-e.com IS UP AND RUNNING AGAIN!

Thank you.
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July 26, 2012, 01:17:05 AM
 #12

btc-e is down. Been hacked ?

Good question...dunno.

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July 26, 2012, 02:26:28 AM
 #13

Worst decision I've seen out of the Russians since......well, let's not go there.

How is it bad?

Ensuring no double spending occurs is a good thing.
It is yea....but seriously, we have an exchange cowering by a threat causing even more panic by unsure investors?  How are bitcoin and litecoin supposed to hold up when they go mainstream when every internet troll can virtually shut down a currency exchange for a week?  Maybe we need more security then we thought? 
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July 26, 2012, 02:56:04 AM
 #14

This decision was made on the recommendation of coblee

Bitcoin \ Litecoin \ Namecoin \ Novacoin <-> Exchange btc-e.com

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July 26, 2012, 03:42:52 AM
 #15

This decision was made on the recommendation of coblee

+1

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July 26, 2012, 04:22:19 AM
 #16

This decision was made on the recommendation of coblee
Like I said, maybe more security is needed. Not just 51% either. It's interesting to watch though.
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July 26, 2012, 04:24:45 AM
 #17

This decision was made on the recommendation of coblee

+1

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