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Magrov posted:looks like bitstamp stopped trading 30 minutes ago. itshappening.gif more advanced version of unplugging the router, getting ready to cut and run, or legitimately hacked? 5 in any case
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# ? Jan 5, 2015 11:24 |
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# ? Mar 28, 2024 22:12 |
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Magrov posted:looks like bitstamp stopped trading 30 minutes ago. itshappening.gif
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# ? Jan 5, 2015 11:31 |
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but transaction malleability was in the wiki IT WAS IN THE WIKI how could somebody abuse a bug that was well known?
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# ? Jan 5, 2015 11:34 |
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has anyone said bitscamp yet
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# ? Jan 5, 2015 11:34 |
Magrov posted:looks like bitstamp stopped trading 30 minutes ago. itshappening.gif lol
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# ? Jan 5, 2015 11:37 |
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PokeJoe posted:
lol
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# ? Jan 5, 2015 12:14 |
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bitstamp got buttstomped
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# ? Jan 5, 2015 12:15 |
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# ? Jan 5, 2015 12:16 |
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the only true to reality bitcoin chart posted in ages
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# ? Jan 5, 2015 12:18 |
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[–]Blaat1 7 points 21 hours ago I have sold in december all my litecoins for Bitcoin. But also written of 15,000 USD as a loss. Hopefully i get some back when BTC will recover.....
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# ? Jan 5, 2015 12:24 |
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Erenthal posted:the only true to reality bitcoin chart posted in ages since a year ago, anyways
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# ? Jan 5, 2015 12:27 |
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[–]cvdsandeLong-term Holder 2 points an hour ago* this is real bad guys This does not look good gentlemen. i am convinced the hack is not new and this is the news which has been priced in during the weekend. i made exactly the wrong move before they went down an hour ago and got 100% out of fiat, hoping to withdraw all my btc, but it was too late. Could this be the hacker's address?: https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf [–]slowmoonBullish [score hidden] 25 minutes ago Look at the transaction fees. 0.1 bitcoin? .02 bitcoin? WTF? Looks like someone trying to grab BTC from tons of addresses and make the transactions irreversible ASAP. It's not necessarily a thief. I guess it could also be Bitstamp rapidly transferring everything they can to a cold wallet address as part of their security breach protocol. But it could also be a thief.
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# ? Jan 5, 2015 13:25 |
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RubberJohnny posted:[–]cvdsandeLong-term Holder 2 points an hour ago* oh please sweet baby satan i dont ask you for much, give us this one
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# ? Jan 5, 2015 13:32 |
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the protocol doesn't have the user explicitly set miner's fees. any difference between inputs and outputs are a miner's fee. so a badly written client can send the transaction but then dump the rest as a fee if it forgets a change address. lol if bitstamp had code that did that while they weren't paying attention.
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# ? Jan 5, 2015 13:38 |
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[–]slowmoonBullish [score hidden] 46 minutes ago* 18,864 BTC. Sheeit. That's over 5 million dollars. What kinda cash you think bitstamp has on hand? If everybody wants to withdraw their money, does Bitstamp have 5 million liquid sitting around to cover it + their operating expenses? It would be good policy for them to always keep enough cash on hand just in case their hot wallets got emptied.
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# ? Jan 5, 2015 14:07 |
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RubberJohnny posted:[–]slowmoonBullish [score hidden] 46 minutes ago* somebody's not a fan of fractional-reserve banking
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# ? Jan 5, 2015 14:15 |
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https://twitter.com/pmarca/status/551986368629338112 Marc Andreessen @pmarca The BTC currency is an emergent property of the Bitcoin blockchain. Blockchain has value without BTC, but BTC has value from the blockchain.
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# ? Jan 5, 2015 14:18 |
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surebet posted:especially since each coin had a nominal value of 20$, and a current market value of 4$ these things happen, just like one bitcoin is worth hundreds of thousands of dollars but only trades for $271 if this adiabatic price contraction continues, we could reach pressures of over a thousand dollars per dollar it goes without saying that bitcoin is primed to blow at any moment when the rebound comes i wouldn't be surprised to see couscousian coins shoot up into the air out of pure physical necessity
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# ? Jan 5, 2015 14:18 |
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and all i can hear is that medical drama flatline noise. beep... beep... beep....beeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeeee
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# ? Jan 5, 2015 14:24 |
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Magrov posted:looks like bitstamp stopped trading 30 minutes ago. itshappening.gif bitstamp
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# ? Jan 5, 2015 14:27 |
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hey bitstamp, I know a guy who has
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# ? Jan 5, 2015 14:52 |
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ripstamp
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# ? Jan 5, 2015 14:53 |
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I thought things would stop happening but they keep happening they just don't stop. so long as more than two bitcoiners have bitcoins things will happen until the heat death of the universe that's cryptography
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# ? Jan 5, 2015 15:17 |
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every morning I catch up on this thread and then go rub one out because otherwise my nuts would explode from all the happening
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# ? Jan 5, 2015 15:19 |
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poik007 posted:ripstamp
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# ? Jan 5, 2015 15:25 |
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So sad that something designed for the good of humanity attracts all the bad of humanity. (self.Bitcoin) submitted 4 hours ago by daanbarnard There is not a single week that goes by that I don't read of a scam of lost or stolen coins in the crypto world I really think all involved should take a good look at our selfs! Bitcoin means more to me than making a quick buck it empowers me do to business with people all over the world and it makes it easy to be honest I can't image my world without it now. Please people lets make 2015 special and safe for al involved the world really needs this technology! Happy new year reddit. so close
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# ? Jan 5, 2015 15:43 |
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Iridium posted:
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# ? Jan 5, 2015 16:16 |
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[–]rob2360 15 points 2 hours ago Yeah - as a user of bitstamp I can see the sending addresses are definitely bitstamp's. e.g. 19jQz2ajiCN1hmavUkCrxKWnZwCfhQgJ9e was used to send me some coins in a withdrawal and is also one of the addresses used to send the first 3,100 coins. So it is defo bitstamp withdrawals (or maybe - hopefully - a sweep) [–]sqrt7744 6 points an hour ago Please be a sweep, the thought of a loving thief getting all that coin makes me want to throw up. No kudos, just a oval office. [–]baron1703 4 points an hour ago The transactions started in the early morning yesterday, long before problems were reported by users on reddit (yesterday evening), and long before stamp halted trading (today morning) [–]viajero_loco[S] 8 points 4 hours ago* gently caress, it's 14% of their whole stash! no way they are gonna be able to refund this! https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa note how this cold walled adress lines up with their suspending perfectly as well! edit: maybe they can, if they cashed out some of there coins genereted by fees at the right time... we'll have to wait and see how this one playes out! [–]baron1703 2 points an hour ago* http://www.walletexplorer.com/wallet/6e20c5b8ebb819c7?from_address=1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf tldr: all incoming transactions are from bitstamp hotwallet addresses. The transactions started 04.01.15 in the morning, problems reported by users in the evening. Next day morning stamp is down. [–]btcdrak 1 point 12 minutes ago Actually there were reports in the morning yesterday but redditor and moderators made sure those were downvoted or deleted into oblivion. i'm cum
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# ? Jan 5, 2015 16:16 |
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even better was this, i forgot how quickly these came togetherquote:02/10/2013 - Arrest of Dread Pirate Roberts.
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# ? Jan 5, 2015 16:22 |
I'm having a hard time deciding which would be more amusing: someone hacked bitstamp and drained 18k butts or bitstamp's software hosed up and sent 18k butts to an address they don't know the key to.
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# ? Jan 5, 2015 16:22 |
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RubberJohnny posted:[–]btcdrak 1 point 12 minutes ago
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# ? Jan 5, 2015 16:23 |
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Shifty Pony posted:I'm having a hard time deciding which would be more amusing: i think the second, but they're both really really funny
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# ? Jan 5, 2015 16:26 |
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remember that posting facts u dislike is a bannable offense
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# ? Jan 5, 2015 16:27 |
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surebet posted:some light reading while the market decides in which way it's going to poo poo itself next: sidebar image on a pretend-professional website
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# ? Jan 5, 2015 16:31 |
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http://ftalphaville.ft.com/2015/01/05/2079012/who-needs-caveat-emptor-when-youve-got-bitcoin/quote:Now, we don’t want to show too much schadenfreude following the learned responses we got to posts explaining the fundamental flaws of the scheme back in September, when Bitcoin prices were still tottering around the $400s. Buttcoin Reddit is doing a fine job of that already.
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# ? Jan 5, 2015 16:32 |
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Shifty Pony posted:I'm having a hard time deciding which would be more amusing: if you send butts to an unknown address can you claim that as a donation on your taxes
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# ? Jan 5, 2015 16:33 |
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RubberJohnny posted:[–]sqrt7744 6 points an hour ago me too, but for the opposite reason
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# ? Jan 5, 2015 16:36 |
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i'm confused, because christmas was two weeks ago
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# ? Jan 5, 2015 16:39 |
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excelent new article in the buttcoin foundation site. i havent read it yet, but nicsho is not the author, and that is good for buttcoin.
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# ? Jan 5, 2015 16:46 |
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# ? Mar 28, 2024 22:12 |
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quote:Looks like this crash may be because someone just stumbled upon some very cheap coins the idea that their hot wallet's contents being sold off en masse is the cause of the crash is going to keep me warm at night but remember, crashes only happen when the news for bitcoin is good
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# ? Jan 5, 2015 16:55 |