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Topic: BitStamp - hacked and down - page 7. (Read 9355 times)

hero member
Activity: 1022
Merit: 500
January 06, 2015, 06:41:17 PM
#97
two BIG if Smiley

There are winners from this situation, Bitfinex and Btc-e. They earned a lot of clients in the last 2 days.

Yes but if Bitcoin stays a relative low price for a while they may not benefit from it much especially if more people are afraid to trust other exchanges with a lot of bitcoins.
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 06:16:56 PM
#96
I think some are overeacting a bit. Bitstamp will be fine and the way they handled this issue they might just get the thieves.
And please dont compare Bitstamp with Mtgox, which was fuck up from the very beginning!

it was the biggest exchanger, Mtgox.
Why Bitstamp is different? a, yes.

Bistamp is related to Ripple, Bitcoin Foundation and others. Their shareholders are shareholders for many other bitcoin companies.

i think they will cover the loss because the scandal will be TOO BIG and it will involve all these companies and Bitcoin will crush.
Bitfinex, Coinbase are related with Bitstamp. Bitstamp is processing their orders.

So, they are a gang who is manipulating the market how they want and each of them are taking a piece of the cake named Bitcoin.
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 12:36:43 PM
#95
two BIG if Smiley

There are winners from this situation, Bitfinex and Btc-e. They earned a lot of clients in the last 2 days.
hero member
Activity: 1022
Merit: 500
January 06, 2015, 12:29:14 PM
#94
CCN has an article up saying they will resume services within 24hrs

https://www.cryptocoinsnews.com/bitstamp-resume-operations-next-24-hours/

If they "just" lost 19,000 BTC and they had more than 19,000 BTC than the customers funds, they will resume and it will be forgotten. Two "if".
newbie
Activity: 38
Merit: 0
January 06, 2015, 12:22:31 PM
#93
CCN has an article up saying they will resume services within 24hrs

https://www.cryptocoinsnews.com/bitstamp-resume-operations-next-24-hours/
legendary
Activity: 2744
Merit: 1288
January 06, 2015, 12:08:33 PM
#92
they said "We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days"

IMO, you will hear news next week.

You will what will happen tomorrow, if this new exchange will be up, will all be fine. if not and there will excuses started, could get alarming.  
If all wil get solved in just 2 days from start, no matter that went just about 19k BTC, they will prove they deserve to be of one of top exchanges.
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 11:54:15 AM
#91
they said "We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days"

IMO, you will hear news next week.
newbie
Activity: 5
Merit: 0
January 06, 2015, 11:43:11 AM
#90
did they give an estimate about when it will be live again?
newbie
Activity: 50
Merit: 0
January 06, 2015, 11:28:02 AM
#89
I think some are overeacting a bit. Bitstamp will be fine and the way they handled this issue they might just get the thieves.
And please dont compare Bitstamp with Mtgox, which was fuck up from the very beginning!
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 10:50:59 AM
#88
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II

I honestly do not think this event will lower the price of bitcoin. Bitcoin is already pretty low and bitstamp I think is trying to correct it. Bitstamp is probably one of the most reliable exchanges (and transparent unlike btc-e).


how Bistamp can correct the price when it's down/dead? Smiley

normally, Bitstamp price must be much lower based on market which is selling. Since 2 days, the price is frozen at 270 USD which is not normal.

The big exchangers can do that in order to avoid panic.. Smiley BUT this is market manipulation .
sr. member
Activity: 252
Merit: 250
January 06, 2015, 09:51:39 AM
#87
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II
surely this is what we all do not want
legendary
Activity: 924
Merit: 1000
January 06, 2015, 08:55:01 AM
#86
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II

I honestly do not think this event will lower the price of bitcoin. Bitcoin is already pretty low and bitstamp I think is trying to correct it. Bitstamp is probably one of the most reliable exchanges (and transparent unlike btc-e).
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 08:52:06 AM
#85
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II

At least they stopped the trade after withdraw has been stopped.

Unlike Gox and their 50 bucks GoxCOins

yes, they were not too greedy Smiley
sr. member
Activity: 367
Merit: 250
January 06, 2015, 08:27:49 AM
#84
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II

At least they stopped the trade after withdraw has been stopped.

Unlike Gox and their 50 bucks GoxCOins
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 08:11:49 AM
#83
my question remains : Bitstamp is closed but we know that they are related with Coinbase, Bitfinex and MANY other exchangers who were processed their orders through BitStamp.

The question is which one will be more affected  because they surely lost a lot of bitcoin too.


Sorry but I do not understand what you mean with related with Coinbase, Bitfinex ...?

Coinbase, Bitfinex and others included the Bitstamp order book into their own order book.
In short, if you placed an order with Bitfinex,  your order was processed by Bitstamp even you were on Bitfinex's website.
Bitfinex "fowarded" your order to Bitstamp through an API.

Thank you, i did not know that! which means that all orders of bitfinex ran over bitstamp?

Many of them, yes. Anyway, it must be 50% or more.

that was true in the beginning but is not longer the case
afaik bitfinex has higher volume than stamp these days (didnt check though)

In July 2014, Bitfinex made a declaration about that . that means 5-6 months ago...not in the beginning. I am sure Bitfinex were still used Bitstamp and Coinbase the same.
sr. member
Activity: 266
Merit: 250
January 06, 2015, 08:06:22 AM
#82
my question remains : Bitstamp is closed but we know that they are related with Coinbase, Bitfinex and MANY other exchangers who were processed their orders through BitStamp.

The question is which one will be more affected  because they surely lost a lot of bitcoin too.


Sorry but I do not understand what you mean with related with Coinbase, Bitfinex ...?

Coinbase, Bitfinex and others included the Bitstamp order book into their own order book.
In short, if you placed an order with Bitfinex,  your order was processed by Bitstamp even you were on Bitfinex's website.
Bitfinex "fowarded" your order to Bitstamp through an API.

Thank you, i did not know that! which means that all orders of bitfinex ran over bitstamp?

Many of them, yes. Anyway, it must be 50% or more.

that was true in the beginning but is not longer the case
afaik bitfinex has higher volume than stamp these days (didnt check though)
legendary
Activity: 2870
Merit: 7490
Crypto Swap Exchange
January 06, 2015, 07:12:46 AM
#81
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 07:20:51 AM
#81
Let's see what will happen with bitcoin price if this keep continue & no good news for Bitstamp
Some people already sell by now Sad

I hope this won't become MtGox II

As you can see, nothing happens with the price. It's like frozen. There are massive sells but the price is not dropping at all.
Again, the big exchangers are manipulating the market.
legendary
Activity: 1470
Merit: 1004
January 06, 2015, 07:06:22 AM
#80
another big bitcoin scandal
it s very bad for btc's future
people wants safetly system..

you cannot have a so called safe system while it's not regulated.

it's very curious that the Bitcoin price is the same.

the other big exchangers are faking the transactions for sure otherwise who will BUY these days? most of the people are selling  Grin
full member
Activity: 168
Merit: 100
January 06, 2015, 07:00:48 AM
#79
another big bitcoin scandal
it s very bad for btc's future
people wants safetly system..
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