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Started By
Message
re: Goxpocalypse Part Deux
Posted on 4/11/13 at 11:44 pm to LSURussian
Posted on 4/11/13 at 11:44 pm to LSURussian
quote:
It could be an exchange moving customers' coins into cold storage. I once transferred some coins into Bitfloor, sat there and watched the blockchain for confirmations, and freaked out a little when I saw my coins quickly being shuffled out of my Bitfloor wallet address to multiple other addresses in strange seemingly random chunks(like in the image you posted). However, logging into Bitfloor, my balance reflected what I had just transferred. It was then that it dawned on me that my coins had just been moved to another wallet, presumably Bitfloor's cold storage. Before realizing this, I thought for sure I had been hacked somehow. Talk about a heart attack!
Another plausible theory.
This post was edited on 4/11/13 at 11:49 pm
0
Posted on 4/11/13 at 11:45 pm to joshnorris14
quote:How do you know this? You don't know who created bitcoins. So you can't possibly know they weren't the party cashing out recently. The same can be said for anyone who will work on the bitcoin network attempting to improve it.
If history is any guide, the people making the fixes weren't ever the market.
ETA: Someone should change the title to this thread since the Goxpocalypse ain't over.
This post was edited on 4/11/13 at 11:47 pm
Posted on 4/11/13 at 11:45 pm to LSURussian
quote:
Say what?
A little bit of hyperbole. It would be more accurate to say "weren't ever the market by itself".
Posted on 4/11/13 at 11:45 pm to Poodlebrain
quote:
How do you know this? You don't know who created bitcoins. So you can't possibly know they weren't the party cashing out recently. The same can be said for anyone who will work on the bitcoin network attempting to improve it.
What are you talking about?
Posted on 4/11/13 at 11:48 pm to joshnorris14
You just might get your chance to buy some $40 btc tonight.
I don't know how they know or what they see but several people on btc-e are claiming there are a lot of sell orders arriving at the exchanges that are still open and they project the price will go down a lot over the next few hours.
Good luck, josh.
I don't know how they know or what they see but several people on btc-e are claiming there are a lot of sell orders arriving at the exchanges that are still open and they project the price will go down a lot over the next few hours.
Good luck, josh.
Posted on 4/11/13 at 11:49 pm to LSURussian
Yea, hopefully it won't take too much longer.
Thanks though.
Thanks though.
Posted on 4/11/13 at 11:51 pm to joshnorris14
What's a good time to catch a falling knife?
Posted on 4/11/13 at 11:52 pm to joshnorris14
has this gained enough legitimacy to be moved to Money Talk, or is it still just countercultural politalk? :honest question:
damn; can't type
damn; can't type
This post was edited on 4/11/13 at 11:54 pm
Posted on 4/11/13 at 11:53 pm to Interception
quote:
What's a good time to catch a falling knife?
After a week with Mr. Miyagi?
Posted on 4/11/13 at 11:53 pm to McLemore
quote:
has this gained enough legitimacy to be moved to Money Talk, or it still just countercultural politalk? :honest question:
It started out on Money Talk but I feel like it straddles the line between the two.
Posted on 4/11/13 at 11:55 pm to joshnorris14
very diplomatic answer. i'm all for the cause, but I am thinking--as are many--that if it gets to the point where this is an actual trading currency, then other (harder) things will be more valuable to trade.
Wanna hear rebuttal (and I know a few already)
eta: can't type or think
Wanna hear rebuttal (and I know a few already)
eta: can't type or think
This post was edited on 4/11/13 at 11:57 pm
Posted on 4/11/13 at 11:56 pm to joshnorris14
I want in at about ~$35
Posted on 4/11/13 at 11:56 pm to joshnorris14
quote:Read you signature quote. If you can't tell us who Satoshi Nakamoto is, then you don't know that he wasn't trading bitcoins. Attempts to "fix" the bitcoin network will come from people who are interested in using bitcoins for investment or transaction purposes. So, they are likely to be participants in the bitcoin markets. Pretty simple concepts.
What are you talking about?
To summarize, people with a vested interest in bitcoins will be the ones seeking ways to improve the bitcoin network, and their vested interest will include being in the market for bitcoins. I believe this is contrary to your prior statement
quote:
If history is any guide, the people making the fixes weren't ever the market.
Posted on 4/11/13 at 11:57 pm to McLemore
quote:
but I am thinking--as are many--that if it gets to the point where this is an actual trading currency, then other (harder) things will be more valuable to trade.
I'm not sure I follow.
Posted on 4/11/13 at 11:58 pm to Poodlebrain
quote:
Read you signature quote. If you can't tell us who Satoshi Nakamoto is, then you don't know that he wasn't trading bitcoins. Attempts to "fix" the bitcoin network will come from people who are interested in using bitcoins for investment or transaction purposes. So, they are likely to be participants in the bitcoin markets. Pretty simple concepts.
Right, but I don't understand what that has to do with your original point.
quote:
To summarize, people with a vested interest in bitcoins will be the ones seeking ways to improve the bitcoin network, and their vested interest will include being in the market for bitcoins. I believe this is contrary to your prior statement
I don't think so.
Posted on 4/12/13 at 12:04 am to joshnorris14
i'm sure there are extensive apologetics for bitcoin that i should look up and read, but my point (and not so much an argumentative one as as seeking-information one) is that this currency is not something you can eat, sleep under, drink, cultivate the land with, or use to defend yourself from intruders, so it seems like a radical idea with a very mainstream reach.
Posted on 4/12/13 at 12:05 am to McLemore
quote:
is that this currency is not something you can eat, sleep under, drink, cultivate the land with, or use to defend yourself from intruders, so it seems like a radical idea with a very mainstream reach.
Yes, and I think (at least the way that I and other bitcoin users look at it) is a good thing. It's only use is that of being a currency/money.
Posted on 4/12/13 at 12:09 am to joshnorris14
and i love the statement it's making. don't get me wrong.
ok i have way more to say but it's more than i want to divulge using my obvious last name. the perils of signing up in the early tigerrant days. i have an alter (oooohh don't ban me admins) but i can't remember how to log in. (admins, please send info).
but f'real, i'd like to continue this conversation elsewhere.
ok i have way more to say but it's more than i want to divulge using my obvious last name. the perils of signing up in the early tigerrant days. i have an alter (oooohh don't ban me admins) but i can't remember how to log in. (admins, please send info).
but f'real, i'd like to continue this conversation elsewhere.
Posted on 4/12/13 at 12:11 am to McLemore
quote:
but f'real, i'd like to continue this conversation elsewhere.
This post was edited on 4/12/13 at 12:37 am
Posted on 4/12/13 at 12:22 am to joshnorris14
someone want to summarize what the heck happened today? hack/news or just another DDOS attack?
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