BitStamp - hacked and down - page 7.

picolo

hero member

Activity: 1022

Merit: 500

Quote from: mayax on January 06, 2015, 01:36:43 PM

two BIG if

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.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: Varix on January 06, 2015, 12:28:02 PM

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.

mayax

legendary

Activity: 1470

Merit: 1004

two BIG if

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

picolo

hero member

Activity: 1022

Merit: 500

Quote from: reyhan12 on January 06, 2015, 01:22:31 PM

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".

reyhan12

newbie

Activity: 38

Merit: 0

CCN has an article up saying they will resume services within 24hrs

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

Febo

legendary

Activity: 2730

Merit: 1288

Quote from: mayax on January 06, 2015, 12:54:15 PM

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.

mayax

legendary

Activity: 1470

Merit: 1004

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.

sorin.c

newbie

Activity: 5

Merit: 0

did they give an estimate about when it will be live again?

Varix

newbie

Activity: 50

Merit: 0

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!

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: ajw7989 on January 06, 2015, 09:55:01 AM

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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?

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..

BUT this is market manipulation .

mlferro

sr. member

Activity: 252

Merit: 250

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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

ajw7989

legendary

Activity: 924

Merit: 1000

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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).

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: (Lithium) on January 06, 2015, 09:27:49 AM

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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

(Lithium)

sr. member

Activity: 367

Merit: 250

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: onemorebtc on January 06, 2015, 09:06:22 AM

Quote from: mayax on January 06, 2015, 07:56:48 AM

Quote from: ciappa on January 06, 2015, 07:53:39 AM

Quote from: mayax on January 06, 2015, 07:44:07 AM

Quote from: ciappa on January 06, 2015, 07:14:57 AM

Quote from: mayax on January 06, 2015, 06:55:16 AM

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.

onemorebtc

sr. member

Activity: 266

Merit: 250

Quote from: mayax on January 06, 2015, 07:56:48 AM

Quote from: ciappa on January 06, 2015, 07:53:39 AM

Quote from: mayax on January 06, 2015, 07:44:07 AM

Quote from: ciappa on January 06, 2015, 07:14:57 AM

Quote from: mayax on January 06, 2015, 06:55:16 AM

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)

ABCbits

legendary

Activity: 2870

Merit: 7490

Crypto Swap Exchange

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

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: ABCbits on January 06, 2015, 08:12:46 AM

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.

mayax

legendary

Activity: 1470

Merit: 1004

Quote from: Dilemma on January 06, 2015, 08:00:48 AM

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

Dilemma

full member

Activity: 168

Merit: 100

another big bitcoin scandal
it s very bad for btc's future
people wants safetly system..

Topic: BitStamp - hacked and down - page 7. (Read 9328 times)