Author

Topic: BTC-e halts LTC deposit/withdrawal for 5 days (Read 1779 times)

sr. member
Activity: 266
Merit: 250
LitecoinTalk
This decision was made on the recommendation of coblee

+1
full member
Activity: 182
Merit: 100
This decision was made on the recommendation of coblee
Like I said, maybe more security is needed. Not just 51% either. It's interesting to watch though.
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
This decision was made on the recommendation of coblee

+1
legendary
Activity: 1694
Merit: 1002
This decision was made on the recommendation of coblee
full member
Activity: 182
Merit: 100
Worst decision I've seen out of the Russians since......well, let's not go there.

How is it bad?

Ensuring no double spending occurs is a good thing.
It is yea....but seriously, we have an exchange cowering by a threat causing even more panic by unsure investors?  How are bitcoin and litecoin supposed to hold up when they go mainstream when every internet troll can virtually shut down a currency exchange for a week?  Maybe we need more security then we thought? 
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
btc-e is down. Been hacked ?

Good question...dunno.
member
Activity: 80
Merit: 10
hero member
Activity: 686
Merit: 500
Wat
btc-e is down. Been hacked ?
sr. member
Activity: 574
Merit: 250
I think the goal was to discipline the litecoin community and all of its righteousness. By shuttering their exchanges a goal that serves the greater purpose of the attack is achieved. Certainly it throws water on the theory that it is a profiteering grab by BCX- why kill the exchange if you want to fork, pump and dump?
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
Worst decision I've seen out of the Russians since......well, let's not go there.

How is it bad?

Ensuring no double spending occurs is a good thing.
full member
Activity: 182
Merit: 100
Worst decision I've seen out of the Russians since......well, let's not go there.
hero member
Activity: 914
Merit: 500
So let's make this clear, it takes one blowhard asshat to declare that he's "gonna hafta 51", and the exchanges start shutting down to hell ?

Iiiiiinnnnnnteeereeesstiiing....

Apparently. *facepalm*
member
Activity: 112
Merit: 10
So let's make this clear, it takes one blowhard asshat to declare that he's "gonna hafta 51", and the exchanges start shutting down to hell ?

Iiiiiinnnnnnteeereeesstiiing....
legendary
Activity: 2492
Merit: 1473
LEALANA Bitcoin Grim Reaper
I guess some of the goal of the attack has already been achieved, even before the attack has begun. 50% of the exchanges that traffic in ltc have shut down in anticipation!

The goal was to shut down exchanges?
sr. member
Activity: 574
Merit: 250
I guess some of the goal of the attack has already been achieved, even before the attack has begun. 50% of the exchanges that traffic in ltc have shut down in anticipation!
legendary
Activity: 1106
Merit: 1006
Lead Blockchain Developer
Smart move.
legendary
Activity: 1484
Merit: 1005
Jump to: