Bitfinex crash: Soft Fork Now! and after a hard fork

mayax

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Quote from: Kakmakr on June 22, 2016, 01:50:18 AM

This crash were perfectly timed for all the wrong reasons, and I am not saying it was planned, but that it happened at the worst time possible. Would you shut down your service if you reach full capacity? Could it be that their network could not handle the load, and it crashed because of that? I just know a lot of people are going to switch exchanges after this embarrassment. ^hmmmm^

the answers are here : https://bitcointalk.org/index.php?topic=1521676.40;topicseen

Kakmakr

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Leading Crypto Sports Betting & Casino Platform

This crash were perfectly timed for all the wrong reasons, and I am not saying it was planned, but that it happened at the worst time possible. Would you shut down your service if you reach full capacity? Could it be that their network could not handle the load, and it crashed because of that? I just know a lot of people are going to switch exchanges after this embarrassment. ^hmmmm^

pandalion98

sr. member

Activity: 504

Merit: 250

Quote from: chek2fire on June 21, 2016, 10:13:50 AM

I propose a soft fork now to blacklist bitfinex bitcoin adreeses and after that a hard fork so we revert the bitcoin blockchain before bitfinex crash. If this happen all the ppl can get their money back and to revert the mistake that have done. If this happen we give a good signal to the media that there is guts to bitcoin system and that we can protect always our friends. I advice anyone to be more carefull in the future.

Grin

It didn't happen with MtGox. I'm pretty sure it won't happen now.

Unless, of course, you were just... umm... What's the word?

mkc

hero member

Activity: 517

Merit: 501

Quote from: mayax on June 21, 2016, 05:49:55 PM

Quote from: mkc on June 21, 2016, 05:41:10 PM

Don't know why network issue in one exchange will bring down pride as a whole. I am little confused.

because the whole market is manipulated by the exchangers(the biggest exchangers form a cartel). that's why.

I think I got what you saying. Although I tend to give Bitfinex some benefit of doubt that they themselves are victims of unreliable network connection. I didn't know that Bitfinex is one third player of all BTC/USD traded.

We should watch them as well as Bitcoin price in the next few days.

mayax

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Quote from: mkc on June 21, 2016, 05:41:10 PM

Don't know why network issue in one exchange will bring down pride as a whole. I am little confused.

because the whole market is manipulated by the exchangers(the biggest exchangers form a cartel). that's why.

mkc

hero member

Activity: 517

Merit: 501

Don't know why network issue in one exchange will bring down pride as a whole. I am little confused.

Carlton Banks

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Merit: 3071

Quote from: mixan on June 21, 2016, 04:17:09 PM

Now a days nothing is off limits. It seems that people are only interested in making money, no matter how little it is, at any costs.
A shame really. But the wheel keeps turning as they say. Wink

Fairly sure that off limits money making is exactly what made pirateat40 & Bitcoinica infamous... Roll Eyes

(obvious in pirate's case)

mixan

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TRUMP IS DOING THE BEST! MAKE AMERICA GREAT AGAIN!

Quote from: Gyrsur on June 21, 2016, 04:08:48 PM

Quote from: hexafraction on June 21, 2016, 03:36:46 PM

Quote from: Carlton Banks on June 21, 2016, 03:20:40 PM

Quote from: hexafraction on June 21, 2016, 02:52:56 PM

Quote from: Gyrsur on June 21, 2016, 02:52:45 PM

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Please state your reasons, remembering that a fork (especially a hard fork) is extremely disruptive in many cases. Forks aren't meant to be used to bail out mistakes of individual entities, but only by consensus to fix issues in the Bitcoin protocol/software itself.

lol @HardForker satire misidentified as real hardforker. Like mistaking a spyplane for a flying saucer Cheesy

Ah, understood. Thanks for clarifying; sometimes given this community I can't be sure that that's satire.

wild west here sometimes. you missed the old times (Bitcoinica, pirateat40 etc.). what doesn’t kill you makes you stronger.

Surprisingly I have heard of them Cheesy

Now a days nothing is off limits. It seems that people are only interested in making money, no matter how little it is, at any costs.
A shame really. But the wheel keeps turning as they say. Wink

Gyrsur

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Activity: 2856

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Bitcoin Legal Tender Countries: 2 of 206

Quote from: hexafraction on June 21, 2016, 03:36:46 PM

Quote from: Carlton Banks on June 21, 2016, 03:20:40 PM

Quote from: hexafraction on June 21, 2016, 02:52:56 PM

Quote from: Gyrsur on June 21, 2016, 02:52:45 PM

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Please state your reasons, remembering that a fork (especially a hard fork) is extremely disruptive in many cases. Forks aren't meant to be used to bail out mistakes of individual entities, but only by consensus to fix issues in the Bitcoin protocol/software itself.

lol @HardForker satire misidentified as real hardforker. Like mistaking a spyplane for a flying saucer Cheesy

Ah, understood. Thanks for clarifying; sometimes given this community I can't be sure that that's satire.

wild west here sometimes. you missed the old times (Bitcoinica, pirateat40 etc.). what doesn’t kill you makes you stronger.

hexafraction

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Tips welcomed: 1CF4GhXX1RhCaGzWztgE1YZZUcSpoqTbsJ

Quote from: Carlton Banks on June 21, 2016, 03:20:40 PM

Quote from: hexafraction on June 21, 2016, 02:52:56 PM

Quote from: Gyrsur on June 21, 2016, 02:52:45 PM

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Please state your reasons, remembering that a fork (especially a hard fork) is extremely disruptive in many cases. Forks aren't meant to be used to bail out mistakes of individual entities, but only by consensus to fix issues in the Bitcoin protocol/software itself.

lol @HardForker satire misidentified as real hardforker. Like mistaking a spyplane for a flying saucer Cheesy

Ah, understood. Thanks for clarifying; sometimes given this community I can't be sure that that's satire.

Carlton Banks

legendary

Activity: 3430

Merit: 3071

Quote from: hexafraction on June 21, 2016, 02:52:56 PM

Quote from: Gyrsur on June 21, 2016, 02:52:45 PM

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Please state your reasons, remembering that a fork (especially a hard fork) is extremely disruptive in many cases. Forks aren't meant to be used to bail out mistakes of individual entities, but only by consensus to fix issues in the Bitcoin protocol/software itself.

lol @HardForker satire misidentified as real hardforker. Like mistaking a spyplane for a flying saucer Cheesy

chek2fire

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Quote from: Fredddurst on June 21, 2016, 02:50:59 PM

i still waiting for 2 days ....and the support dont react!!!!

contact here. They know what they can do better for their customers.. Cheesy

https://slock.it/contact.html

hexafraction

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Tips welcomed: 1CF4GhXX1RhCaGzWztgE1YZZUcSpoqTbsJ

Quote from: Fredddurst on June 21, 2016, 02:50:59 PM

i still waiting for 2 days ....and the support dont react!!!!

This is somewhat off-topic for this thread. Either start a new thread asking for help in a calm manner, or try contacting support again.

Quote from: Gyrsur on June 21, 2016, 02:52:45 PM

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Please state your reasons, remembering that a fork (especially a hard fork) is extremely disruptive in many cases. Forks aren't meant to be used to bail out mistakes of individual entities, but only by consensus to fix issues in the Bitcoin protocol/software itself.

Gyrsur

legendary

Activity: 2856

Merit: 1518

Bitcoin Legal Tender Countries: 2 of 206

I WANT TO HAVE A COMBINED SOFT/HARD FORK PLEASE! NOW! INSTANTLY!

because reasons!

Fredddurst

newbie

Activity: 6

Merit: 0

i still waiting for 2 days ....and the support dont react!!!! They dont credited my deposits!!! But the have transfer ist to another adress already

hexafraction

sr. member

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Tips welcomed: 1CF4GhXX1RhCaGzWztgE1YZZUcSpoqTbsJ

Quote from: Fredddurst on June 21, 2016, 02:44:50 PM

BTC e ist broke!!!!!!!!!!!!!!!!!!!!!!!

The support doesnt work !!!!! They dont answering already !!!!

they took me 3 coins away!!!!!!!!

Not confirmed transactions:
+1 BTC - 0 confirmations - 12.06.16 11:06

364da820cd08ee7e174ec1715a8812104de3a118ddbf8cda4b7908661fafdbdd
+1.99951961 BTC - 0 confirmations - 16.06.16 21:20

cd966d259a1c6ff6f616dbd043b369c0b56c2edd842a396f9dd0a2408e08cfe2

Uh, no. Both of these TXIDs have over 200 confirmations at the time of writing. The BTC have been transferred to 1KFR... and if they are deposits, they should be inducted shortly. Now kindly stop shouting and compose yourself.

Fredddurst

newbie

Activity: 6

Merit: 0

BTC e ist broke!!!!!!!!!!!!!!!!!!!!!!!

The support doesnt work !!!!! They dont answering already !!!!

they took me 3 coins away!!!!!!!!

Not confirmed transactions:
+1 BTC - 0 confirmations - 12.06.16 11:06

364da820cd08ee7e174ec1715a8812104de3a118ddbf8cda4b7908661fafdbdd
+1.99951961 BTC - 0 confirmations - 16.06.16 21:20

cd966d259a1c6ff6f616dbd043b369c0b56c2edd842a396f9dd0a2408e08cfe2

chek2fire

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Ιntergalactic Conciliator

Quote from: ~Bitcoin~ on June 21, 2016, 02:37:56 PM

Quote from: Mastker on June 21, 2016, 01:57:11 PM

You need to ask the miners to agree if there should be soft fork or the hard fork. The miners will make the decision, just like the Ethereum miners.

Bitcoin miners community is so huge than ethereum and voting and implementing of soft or hard fork will be not possible at this stage for bitcoin. However why bitcoin should be soft fork? Roll Eyes

because is a trend? first soft fork and after hard fork as the Dalai Vitalik Lama of all blockchains systems suggest

~Bitcoin~

legendary

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Quote from: Mastker on June 21, 2016, 01:57:11 PM

You need to ask the miners to agree if there should be soft fork or the hard fork. The miners will make the decision, just like the Ethereum miners.

Bitcoin miners community is so huge than ethereum and voting and implementing of soft or hard fork will be not possible at this stage for bitcoin. However why bitcoin should be soft fork? Roll Eyes

ShrykeZ

hero member

Activity: 630

Merit: 500

Haha keep rollin' rollin' rollin', crazy the effect that this has had though.

Topic: Bitfinex crash: Soft Fork Now! and after a hard fork (Read 1512 times)