Author

Topic: Coinbase hacked!! Eth DOWN, (Read 8264 times)

sr. member
Activity: 910
Merit: 252
July 26, 2017, 08:59:16 AM
#87
After this post Ether gained its position in one month i should have seen this post while op created then i would definitely buy some more ethereum again waiting for some more speculation.
member
Activity: 84
Merit: 10
July 24, 2017, 06:33:54 AM
#86
You keep your assets on a website??. Hardware wallet, you are welcome.

It would be such a dumb move, never ever leave your assets with any exchange. They are good until they decide to scam or get "hacked"
full member
Activity: 308
Merit: 100
June 27, 2017, 05:44:05 PM
#85
You keep your assets on a website??. Hardware wallet, you are welcome.
member
Activity: 61
Merit: 10
https://paxful.com/roots/buy-bitcoin?affiliate=ePn
June 27, 2017, 04:05:54 PM
#84
It seems that the rumors were true when they said security Issues are now a daily thing
with coinbase.

We moved back to Paxful + other sites. These kind of things makes it so scary and
I cannot afford to lose my 9 months worth of Investment.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
June 27, 2017, 08:01:46 AM
#83
Accurate, it is a normal market and healthy process to admit new investors at more attractive prices.

ETH, could go to 118 $ and if lower low alert could go to historical minimal

legendary
Activity: 1190
Merit: 1024
June 25, 2017, 01:10:08 PM
#82
Hacked or selling giant ETH coin? God knows.

It is the normal course of the coins and people are scale dumping to see if the coin survives the next movement.  It will be a 38% drop rate and then the stagnant period of waiting and then the survive or die period, following with a period of dumping or pulse buying.
sr. member
Activity: 364
Merit: 253
June 23, 2017, 10:41:57 AM
#81
Hacked or selling giant ETH coin? God knows.
legendary
Activity: 1540
Merit: 1011
FUD Philanthropist™
June 22, 2017, 08:05:07 PM
#80
NO HACK at all.

Only the beginning of the deep-freeze of the ETH-blockchain due to the difficulty-bomb.

Other exchanges have disabled their ETH withdrawals too.

Better sell then hodl/transfer.

Tongue

Exchanges are just being scammy freezing your coins on you all.
Simply to manipulate the price of ETH.

Not only has ETH failed yet again but these exchanges are a joke.
This is the little game you are all playing so enjoy  Cheesy

The reality is Butters does what ever he wants with ETH.
He told exchanges before to freeze the coin and they did.
Exchanges do what ever they want and give you the finger.

If i was you guys i'd be pissed and demanding exchanges give you your coins pronto !
All you guys do is take it in the ass by all the players making billions on this scammy ass ICO bullshit.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 22, 2017, 07:31:53 PM
#79
Coinbase hasn't been hacked. The problem is the Etheruem network - most exchanges are having problems - Bittrex, liqui, Polo, Gdax. Nothing to do with the exchanges and everything to do with how Ethereum can no more handle volume than bitcoin can.
No. You are lying. This is a full detailed report from Gdax about what happened and it had nothing to do with ETH. Ffs.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 22, 2017, 07:29:53 PM
#78
Is it true that the eth blockchain is growing at a rate of 1 GB a day? That's nonsense.
Oh ffs. So much fud spread by the butt hurt jealous haters and we have idiots lapping up their lies.
legendary
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
June 22, 2017, 05:41:04 PM
#77
Coinbase hasn't been hacked. The problem is the Etheruem network - most exchanges are having problems - Bittrex, liqui, Polo, Gdax. Nothing to do with the exchanges and everything to do with how Ethereum can no more handle volume than bitcoin can.
jr. member
Activity: 35
Merit: 10
June 22, 2017, 05:11:03 PM
#76
Is it true that the eth blockchain is growing at a rate of 1 GB a day? That's nonsense.
sr. member
Activity: 1176
Merit: 301
June 22, 2017, 04:56:45 PM
#75
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...
Aw Coinbase is one of the mobile wallets that I would like to try to store some of my coins,
Luckily for me I did not deposit some of my ETH in that wallet and even some bitcoin.
jr. member
Activity: 59
Merit: 10
June 22, 2017, 04:42:30 PM
#74
Either intentional FUD or just someone unaware. There was a few big events with status and civic ICOs that has led to huge amounts of transations being sent on the ETH network which has filled it up to its limit. This has resulted in everyone using ETH or ETH tokens to have issues sending and receiving.

Agreed.. but not random people receiving random funds - as has happened to me personally
Did you by chance have any large buy orders to purchase ETH for a cheap price if it crashed?
sr. member
Activity: 378
Merit: 250
June 22, 2017, 03:14:57 PM
#73
I really could not figure out what the problem was,coinbase is having these loading issues for some time as they are not able to handle the traffic for some time and i cannot understand what difference does it make to the price of ETH,the rally is going on for some time and price might correct because of that and that does not have any consequence because of one single web wallet.

It's happening with Coinbase only and not all of exchanges that cater ETH because of the heavy load of transaction of it, maybe, or they just wanted to control or manipulate the sudden increase of ETH within the fast few weeks, with this issue it will surely affect the news, and ETH holds down in increasing after this incident. Absolutely that ETH is not being hacked at Coinbase.
member
Activity: 126
Merit: 10
Bitcoin amateur learning by doing
June 22, 2017, 02:48:20 PM
#72
coinbase is already terribly slow last 3 days.

it is fucked up. not hacked.
same goes for ETH.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 22, 2017, 02:42:08 PM
#71
I really could not figure out what the problem was,coinbase is having these loading issues for some time as they are not able to handle the traffic for some time and i cannot understand what difference does it make to the price of ETH,the rally is going on for some time and price might correct because of that and that does not have any consequence because of one single web wallet.
The problem was with the exchange NOT with ETH. There is full analysis and technical write ups online if you'd care to look.

MODS you may now close down this thread.

sr. member
Activity: 255
Merit: 250
June 22, 2017, 02:25:46 PM
#70
I really could not figure out what the problem was,coinbase is having these loading issues for some time as they are not able to handle the traffic for some time and i cannot understand what difference does it make to the price of ETH,the rally is going on for some time and price might correct because of that and that does not have any consequence because of one single web wallet.
hero member
Activity: 700
Merit: 500
CryptoTalk.Org - Get Paid for every Post!
June 22, 2017, 02:05:57 PM
#69
Experience has shown us the truth about these changes and that is something that those that are new cannot see.  There are always a few people that cannot believe the fact that they do not know the future based on their narrow scope and there must be a "hack" or "terrorists" or that the big time exchanges are stealing from them.
It might be an inside job since Coinbase is usually the ones that have these “Flash Crashes” happen once in a while. The people that place their orders on Coinbase should know of the consequences that could happen when trying to place their coins on an exchange so even with a stop loss the coins are really as good as gone now.

You’re right though, there is no proof that the website was hacked or an inside job happened.
hero member
Activity: 966
Merit: 506
June 22, 2017, 01:22:49 PM
#68
Experience has shown us the truth about these changes and that is something that those that are new cannot see.  There are always a few people that cannot believe the fact that they do not know the future based on their narrow scope and there must be a "hack" or "terrorists" or that the big time exchanges are stealing from them.
full member
Activity: 194
Merit: 100
June 22, 2017, 01:01:41 PM
#67
The answer is here, Coinbase is alive and well:
http://www.zerohedge.com/news/2017-06-21/ethereum-flash-crashes-after-status-ico-clogs-network

The article reads : "As tends to happen without fail during volatile crypto-periods, the crash almost immediately took the Coinbase offline."
member
Activity: 103
Merit: 10
June 22, 2017, 12:12:04 PM
#66
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...
Not this reason, the reason make ETH down is Ethchain congestion by ICO Status (SNT), a huge people like this project and want to buy, but accidentally make ethchain have big transaction can't confirm => Some Exchange site blocked withdraw ETH, example: Coinbase, Poloniex, ... and panic seller everywhere
sr. member
Activity: 779
Merit: 255
June 22, 2017, 12:06:11 PM
#65
what's! really coinbase hacked?

no it's a problem with ETH transaction, someone forked maybe? i'm not sure need to check it better, but the fact thta many other exchange are reporting the same problem means that there is no hack

Perhaps this bit of news will help.... https://news.bitcoin.com/status-ico-generates-over-60-million-but-fails-to-deliver-meanwhile-ethereum-flounders/

The Status ICO triggered the eth chain to overload hence the pending transactions and outages in exchange wallets.
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
June 22, 2017, 11:53:47 AM
#64
what's! really coinbase hacked?

no it's a problem with ETH transaction, someone forked maybe? i'm not sure need to check it better, but the fact thta many other exchange are reporting the same problem means that there is no hack
sr. member
Activity: 779
Merit: 255
June 22, 2017, 11:04:06 AM
#63
That is why bitcoin will be still a good choice.. and ETH are having a lots of problem even in other exchange site i heard that ethereum wallet was inactive past few days.. Ethereum still altcoin and i think if what happen in bitcoin before it can be happen in ethereum or other altcoin their reason its because of traffic that actually already past this issue from bitcoin before.. that is why bitcoin will never die or replace by ethereum,.


i wonder how ltc will manage a sudden surge in transaction volume? someone said something about overwhelming a particular chain/network to test how it'll fare, so i totally agree with that person. doing so will help devs improve the performance (if that is possible?) of the network.
sr. member
Activity: 406
Merit: 263
June 22, 2017, 10:58:08 AM
#62
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...

How do you deduce whether Coinbase has been hacked or not? Just because ETH transection has some problem? Shouldn't be so easy to decide about something really happened or not when you don't have enough evidence. Maybe some people will panic and sell and loss some money just because of your message.
hero member
Activity: 1386
Merit: 623
Maintain Social Distance, Stay safe.
June 22, 2017, 10:56:33 AM
#61
That is why bitcoin will be still a good choice.. and ETH are having a lots of problem even in other exchange site i heard that ethereum wallet was inactive past few days.. Ethereum still altcoin and i think if what happen in bitcoin before it can be happen in ethereum or other altcoin their reason its because of traffic that actually already past this issue from bitcoin before.. that is why bitcoin will never die or replace by ethereum,.
full member
Activity: 560
Merit: 111
June 22, 2017, 10:27:45 AM
#60
Now everething ok expect poloniex and f2pool not payout ETH.
sr. member
Activity: 779
Merit: 255
June 22, 2017, 10:21:00 AM
#59
ETH wallet is not down but due to the huge blockage, the transactions are pending since 24 hours. My transactions too are pending but I have noticed transactions with a gas limit of 250000 appearing on the network.

Also, coinbase is not hacked but they too are facing issues due to heavy traffic. Today the situation seems abnormal even for the ICOs. Everything is suffering including exchanges that depend on the ETH market.

So large transactions have appeared and @thadome received an amount that he shouldn't have when the congestion issues took place. So will the eth blockchain be edited again to make up for the erroneous transfers? No matter how enticing eth's value is, I think I'll be sticking with a different alt and bitcoin.
full member
Activity: 206
Merit: 100
June 21, 2017, 05:39:56 PM
#58
Either intentional FUD or just someone unaware. There was a few big events with status and civic ICOs that has led to huge amounts of transations being sent on the ETH network which has filled it up to its limit. This has resulted in everyone using ETH or ETH tokens to have issues sending and receiving.

This is barely a FUD my friend. The person opened the thread is sayin a hack wave affected coinbase and ethereum. There is no proof of this.
hero member
Activity: 518
Merit: 500
June 21, 2017, 05:35:22 PM
#57
https://etherscan.io/
The ladt block was mined a minute ago.Everything deems okay with etherium blockchain.The congestion might be due to large number of transaction moving into few eth address(use for crowdsales and ico).This gave  some people a chance to spread the fud and trigger panic selling.This is the reason of price fall.I am sure as soon as congestion is over,price will sky rocket
member
Activity: 66
Merit: 10
June 21, 2017, 05:21:31 PM
#56
Nothing to see here, move along!
legendary
Activity: 2632
Merit: 1094
June 21, 2017, 04:44:19 PM
#55
ETH wallet is not down but due to the huge blockage, the transactions are pending since 24 hours. My transactions too are pending but I have noticed transactions with a gas limit of 250000 appearing on the network.

Also, coinbase is not hacked but they too are facing issues due to heavy traffic. Today the situation seems abnormal even for the ICOs. Everything is suffering including exchanges that depend on the ETH market.
newbie
Activity: 3
Merit: 0
June 21, 2017, 04:22:54 PM
#54
Either intentional FUD or just someone unaware. There was a few big events with status and civic ICOs that has led to huge amounts of transations being sent on the ETH network which has filled it up to its limit. This has resulted in everyone using ETH or ETH tokens to have issues sending and receiving.

Agreed.. but not random people receiving random funds - as has happened to me personally
sr. member
Activity: 364
Merit: 250
June 21, 2017, 04:13:31 PM
#53
Either intentional FUD or just someone unaware. There was a few big events with status and civic ICOs that has led to huge amounts of transations being sent on the ETH network which has filled it up to its limit. This has resulted in everyone using ETH or ETH tokens to have issues sending and receiving.
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 21, 2017, 04:00:19 PM
#52
If it is a matter of while then I feel it might be a good time to gather some more to sell later. But if this is a problem not be resolved then it is a good time to sell now because the price is still good. I also have a few coins and still hold the ETH to it, which I bought in about month ago so as not to create too much harm


This thread has almost Zero Facts. Full of FUD .. It's obvious by the title of the prejudice.  This kind of BS has been used against BTC foooorrrreeevver to try and walk the price back. It doesn't affect BTC'ers anymore so they are attacking ETH.  Desperate attempt by someone for what reasons ? It will fail like all the others. The world is changing rapidly and cryptos are here to stay,  bet on it!

Well, all I can say is that I had a HUGE amount appear in my coinbase account.. enough to buy a few new SUVs...  later yesterday my account was then locked, I guess I could call it frozen.., again, I have received such funds, and I don't believe that my personal account was hacked, i.e. someone did not log in with my credentials.. Asking around friends, no one had seen this behavior on Tuesday 7/20/17... That said.. Coinbase said it is an outage.. For sure it is an outage. but looking at my account and the comment I  from Coinbase transaction notification email.. it looks like a gigantic bug, OR a gigantic hack.. working in SW development, a bug is not very likely in this scenario

With the facts that I know, it certainly looks like a hack.
More grade A fud. There is no hack. There's network congestion due to the overwhelming popularity of ETH and the ICOs. It's a growing network only 2 years old.
newbie
Activity: 3
Merit: 0
June 21, 2017, 03:56:13 PM
#51
If it is a matter of while then I feel it might be a good time to gather some more to sell later. But if this is a problem not be resolved then it is a good time to sell now because the price is still good. I also have a few coins and still hold the ETH to it, which I bought in about month ago so as not to create too much harm


This thread has almost Zero Facts. Full of FUD .. It's obvious by the title of the prejudice.  This kind of BS has been used against BTC foooorrrreeevver to try and walk the price back. It doesn't affect BTC'ers anymore so they are attacking ETH.  Desperate attempt by someone for what reasons ? It will fail like all the others. The world is changing rapidly and cryptos are here to stay,  bet on it!

Well, all I can say is that I had a HUGE amount appear in my coinbase account.. enough to buy a few new SUVs...  later yesterday my account was then locked, I guess I could call it frozen.., again, I have received such funds, and I don't believe that my personal account was hacked, i.e. someone did not log in with my credentials.. Asking around friends, no one had seen this behavior on Tuesday 7/20/17... That said.. Coinbase said it is an outage.. For sure it is an outage. but looking at my account and the comment I  from Coinbase transaction notification email.. it looks like a gigantic bug, OR a gigantic hack.. working in SW development, a bug is not very likely in this scenario

With the facts that I know, it certainly looks like a hack.
hero member
Activity: 784
Merit: 1000
June 21, 2017, 03:45:01 PM
#50
If it is a matter of while then I feel it might be a good time to gather some more to sell later. But if this is a problem not be resolved then it is a good time to sell now because the price is still good. I also have a few coins and still hold the ETH to it, which I bought in about month ago so as not to create too much harm


This thread has almost Zero Facts. Full of FUD .. It's obvious by the title of the prejudice.  This kind of BS has been used against BTC foooorrrreeevver to try and walk the price back. It doesn't affect BTC'ers anymore so they are attacking ETH.  Desperate attempt by someone for what reasons ? It will fail like all the others. The world is changing rapidly and cryptos are here to stay,  bet on it!
sr. member
Activity: 434
Merit: 250
June 21, 2017, 01:39:44 PM
#49
If it is a matter of while then I feel it might be a good time to gather some more to sell later. But if this is a problem not be resolved then it is a good time to sell now because the price is still good. I also have a few coins and still hold the ETH to it, which I bought in about month ago so as not to create too much harm
newbie
Activity: 3
Merit: 0
June 21, 2017, 12:30:15 PM
#48
I have a coinbase account, mostly for ETH. Yesterday I transferred out a bit to a different exchange and then saw a large amount of ETH show up in my account... it was hacked... my account is now locked. had an email from coinbase confirming that they transferred out of my account to a "coinbase account" a different amount than the ETH that I had received earlier in the day yesterday. with the note: "P4, Coinbase balance adjustment"..

If this is not a huge hack, then I don't know.

full member
Activity: 560
Merit: 111
June 21, 2017, 12:23:17 PM
#47
everething is ok https://etherscan.io/
only poloniex and btc-e stoped ETH withdrawal
just market manipulation again, dying convulsions
member
Activity: 84
Merit: 10
June 21, 2017, 12:03:40 PM
#46
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...



Where are you getting this from? nothing from coinbase shows they suffered an hack. And how come the "hack" affected just Eth? If the Eth network is congested that could explain the downward price trend. If it dips enough, Ill be buying some.
legendary
Activity: 1386
Merit: 1020
DGbet.fun - Crypto Sportsbook
June 21, 2017, 11:47:04 AM
#45
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...
Title is somehow misleading since Coinbase isnt been hacked and i would say they they are just telling the issue regarding ETH transactions and i found or see this thing is just a bug. Its not surprising anymore for this thing to happen on ETH and i would say be prepare on the dump and other altcoins related into it. Been using coinbase only for bitcoin transaction not on etherium.
newbie
Activity: 8
Merit: 0
June 21, 2017, 11:36:25 AM
#44
Please don't spread false information if you don't have any confirmed sources. Having said that, however, also don't keep your money on an exchange.
full member
Activity: 126
Merit: 100
June 21, 2017, 11:35:08 AM
#43
So that's the answer BTC is the best!
hero member
Activity: 1540
Merit: 500
June 21, 2017, 11:27:53 AM
#42
I don't know if it's usual but coinbase has been quite slow for past few weeks. Probably because of traffic.
newbie
Activity: 55
Merit: 0
June 21, 2017, 11:10:20 AM
#41
you are wrong sir ,eth price dump beacause its network problems, as you kown status ICO
legendary
Activity: 2590
Merit: 1022
Leading Crypto Sports Betting & Casino Platform
June 21, 2017, 10:55:38 AM
#40
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...

they didn't say anythign about hacking why you say so? you made it up, i see that they have only problem regarding possible maintanace, no haching, also coinbase, use cold wallet, for big amount of coin, it's impossible to hack, they are conencted with IRS, the hacker will ahve hard tiem ahcking their exchange and be in trouble in no time
sr. member
Activity: 1162
Merit: 260
June 21, 2017, 10:29:37 AM
#39
I see other coins also red. So its usuall drop. Buy on dips and when everyone is fearfull.

I think so, that likes give us a chance to buy more on the cheap price. But i will believe the price of ethereum will get recovered as soon as possible, and if the more whales try to accumulate their profit. buy before late and never miss the train.
legendary
Activity: 2380
Merit: 5213
June 21, 2017, 09:57:16 AM
#38
I think You are wrong. There is no reason to conclude that coinbase has been hacked. Even if you are right, There is no relation between hacking the coinbase and reduction in ETH price. See coinmarketcap. Almost all of altcoins are falling. It happens sometimes and it is normal. Soon the prices will be stable.
 

full member
Activity: 560
Merit: 111
June 21, 2017, 09:54:30 AM
#37
Give me a break dude, it is due to congestion in ETH network. Everything is fine with Coinbase. Problem lies with ETH and problem is common to all exchanges and wallets.
All you need is patience rather than destroying some company repo!
everething is ok https://etherscan.io/
only poloniex and btc-e stoped ETH withdrawal
just market manipulation again, dying convulsions
sr. member
Activity: 392
Merit: 250
June 21, 2017, 09:50:32 AM
#36
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...

Give me a break dude, it is due to congestion in ETH network. Everything is fine with Coinbase. Problem lies with ETH and problem is common to all exchanges and wallets.
All you need is patience rather than destroying some company repo!
full member
Activity: 560
Merit: 111
June 21, 2017, 09:46:30 AM
#35
only poloniex and btc-e stoped ETH withdrawal!!!
hero member
Activity: 1260
Merit: 524
June 21, 2017, 09:42:29 AM
#34
Seeing that the ETH is facing some problem with their server and due to it they have stopped all transaction but will it going to effect the other altcoins which are using ETH platform for their respective projects because eth is going down so that means other altcoins which are related to eth platform are they also going to get affected and their price is also going to down.

Please help me as i am holding lot of other altcoin which are based on ETH platform
legendary
Activity: 2184
Merit: 1024
Vave.com - Crypto Casino
June 21, 2017, 09:38:19 AM
#33
Quit spreading complete FUD. There was NO HACK. It's temporary network congestion. You know like BTC has had for the last 2 years.

Growing pains to be expected.

Grow the fuck up and grow a pair.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
June 21, 2017, 09:31:49 AM
#32
If, they are trying to equalize the markets and with that provokes a great volatility the delay could occur in more markets
full member
Activity: 560
Merit: 111
June 21, 2017, 09:16:58 AM
#31
only poloniex and btc-e stoped ETH withdrawal, all other worck ok.
again some prace manipulation again, dying convulsions
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
June 21, 2017, 09:06:31 AM
#30
Arbitrage operations slows down the network by doing many more operations than normal, I would not touch ETH until it stabilizes
legendary
Activity: 1512
Merit: 1010
ITSMYNE 🚀 Talk NFTs, Trade NFTs 🚀
June 21, 2017, 08:50:42 AM
#29
Nothings being hacked. Ether just can't handle big amounts of transactions and people are looking for alternatives.


Totally agree was not a hack only a delay in ETH so it does not justify its value go down,
This puts coimbase

People are doing panic selling because of this and I think it'll affect the ethereum network permanently.
I thought it was a bubble and it's popping now. Better to hold if you're​ a long term holder.
hero member
Activity: 1470
Merit: 655
June 21, 2017, 08:47:24 AM
#28
Bittrex has disabled their ETH wallet for a long time now...
Quote
Wallet offline - Blockchain congestion detect
https://bittrex.com/Market/Index?MarketName=BTC-ETH

Also strange: Bittrex ETH/BTC is consistently above all other Western markets.
Poloniex: 0.121
Bittrex  0.127


there is no need for all exchanges to have the exact same price at all times all day long. they fluctuate differently based on the buys/sells that happen on each exchange almost separately.
this difference you are pointing out is just a small difference. although looking at the price i see 0.124BTC on bittrex so it probably dropped there too but with a little bit of delay.

and remember that poloniex being bigger means it also has a lot more weak hands that contribute more to the wave of panic sells that crashes the price faster. then other exchanges follow.
klf
legendary
Activity: 1344
Merit: 1000
June 21, 2017, 08:46:39 AM
#27
NO HACK at all.

Only the beginning of the deep-freeze of the ETH-blockchain due to the difficulty-bomb.

Other exchanges have disabled their ETH withdrawals too.

Better sell then hodl/transfer.

Tongue

This dip is temporary or going to be a permanent issue for ETH network? If it is a temporary issue then I feel it may be a good time to accumulate some more to sell later on. But if it is an issue can't be solved then a good time to sell now because prices are still good. I too got few ETH coins and still holding on to it, which I bought around 60+.
full member
Activity: 1078
Merit: 104
GoMeat - Digitalizing Meat Stores - ICO
June 21, 2017, 08:45:40 AM
#26
Nothings being hacked. Ether just can't handle big amounts of transactions and people are looking for alternatives.


Totally agree was not a hack only a delay in ETH so it does not justify its value go down,
This puts coimbase

hero member
Activity: 616
Merit: 500
June 21, 2017, 08:37:20 AM
#25
Nothings being hacked. Ether just can't handle big amounts of transactions and people are looking for alternatives.
full member
Activity: 1078
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GoMeat - Digitalizing Meat Stores - ICO
June 21, 2017, 08:35:08 AM
#24
I was delayed in ETH submissions but were finally logged into my account
sr. member
Activity: 391
Merit: 250
aka ...
June 21, 2017, 08:27:59 AM
#23
NO HACK at all.

Only the beginning of the deep-freeze of the ETH-blockchain due to the difficulty-bomb.

Other exchanges have disabled their ETH withdrawals too.

Better sell then hodl/transfer.

Tongue
full member
Activity: 560
Merit: 111
June 21, 2017, 08:23:31 AM
#22
poloniex already 5 hours stoped ETH withdrawal
and btc-e
newbie
Activity: 30
Merit: 0
June 21, 2017, 08:22:50 AM
#21
what's! really coinbase hacked?
full member
Activity: 238
Merit: 100
June 21, 2017, 08:14:36 AM
#20
I see other coins also red. So its usuall drop. Buy on dips and when everyone is fearfull.
sr. member
Activity: 280
Merit: 250
June 21, 2017, 06:47:48 AM
#19
Guess it's good I went into Ardor... it's the more scalable ETH competition. Just hope this blip on ETH doesn't cause the bubble to pop.. we need the total market cap to break out to avoid complications with technical analysis.
newbie
Activity: 10
Merit: 0
June 21, 2017, 06:26:04 AM
#18
Bittrex has disabled their ETH wallet for a long time now...
Quote
Wallet offline - Blockchain congestion detect
https://bittrex.com/Market/Index?MarketName=BTC-ETH

Also strange: Bittrex ETH/BTC is consistently above all other Western markets.
Poloniex: 0.121
Bittrex  0.127
vip
Activity: 1428
Merit: 1145
June 21, 2017, 05:42:22 AM
#17
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...

They'll fix it by claiming it was a hack and roll back all ETH prices to the ~U$100 mark in settling up-to-date transactions with CB's ETH holdings not affected.
hero member
Activity: 2590
Merit: 644
June 21, 2017, 05:05:29 AM
#16
If this is true then it will become a lesson for us to not trust online wallets to hold our coins especially if we have a huge amount of ethereum or any kind of cryptocurrency that has a good potential. If you are really concerned to your security then you should stay away from online sites that offers wallet for your coins because they are not safe unless you are the owner of the site.
legendary
Activity: 1652
Merit: 1088
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June 21, 2017, 05:05:09 AM
#15
Ethereum network is "congested", and etherscan doesn't show updated data. Others exchanges disabled ETH withdraws too(for example, Bittrex). There is no sign that they have been hacked, or they would probably disable Bitcoin and Litecoin withdraws too.

Worst case scenario this is a major bug in ETH network and ETH will die, and Coinbase won't be affected.

That's not a good sign - are they having the same problem as bitcoin is with backlogs?
hero member
Activity: 1036
Merit: 504
June 21, 2017, 05:03:46 AM
#14
Ethereum is always having problems that is why I am  more invested  platform. My Wife's etherwallet got hacked last month and we lost over 1 Bitcoin worth of ETH and eth tokens, so we have not had good luck with ETH either.
sr. member
Activity: 779
Merit: 255
June 21, 2017, 05:03:34 AM
#13
Some are saying that it's because of this --> https://qz.com/1004892/the-bancor-ico-just-raised-153-million-on-ethereum-in-three-hours/ that the eth network is now congested.

But even during the worst spam attacks with dozens of topics from people complaining about transactions not being confirmed the Bitcoin network didn't congested at the point of getting unusable for exchanges and the exchanges always allowed withdraws. What is different now?

I think it is the first time something like this happens with a major cryptocoin.

perhaps it's another frailty of the ethereum chain that it's engineer didn't see coming....
newbie
Activity: 6
Merit: 0
June 21, 2017, 05:01:36 AM
#12
Investigating - We're investigating an issue with Ethereum sends and receives on the Coinbase platform. All Ethereum transactions will be delayed in the meantime. We appreciate your patience while we work towards a resolution.
Jun 20, 16:08 PDT


Not good, shows MAJOR OUTAGE !!!

if this is the statement Coinbase made, then I wouldn't say this is a hack or anything, it could be just a minor issue with sending and receiving and they aren't obligated to offer a %100 up-time, this topic is trying to overstate the issue IMO.
Even if there is a hack, I doubt anyone would lose money considering the large capital and cloud funding coinbase has that can probably cover their own faults.
sr. member
Activity: 826
Merit: 263
June 21, 2017, 04:43:20 AM
#11
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...

Last week I noticed in the Coinbase says delay in etherum transactions due to network traffic. If it is the same. It should recover soon for the ETH users. They have implemented multiple altcoin wallet also in one account. Hope will get sort out soon.
legendary
Activity: 2660
Merit: 1074
June 21, 2017, 04:41:34 AM
#10
Some are saying that it's because of this --> https://qz.com/1004892/the-bancor-ico-just-raised-153-million-on-ethereum-in-three-hours/ that the eth network is now congested.

But even during the worst spam attacks with dozens of topics from people complaining about transactions not being confirmed the Bitcoin network didn't congested at the point of getting unusable for exchanges and the exchanges always allowed withdraws. What is different now?

I think it is the first time something like this happens with a major cryptocoin.
sr. member
Activity: 779
Merit: 255
June 21, 2017, 04:35:40 AM
#9
Some are saying that it's because of this --> https://qz.com/1004892/the-bancor-ico-just-raised-153-million-on-ethereum-in-three-hours/ that the eth network is now congested.
sr. member
Activity: 378
Merit: 250
June 21, 2017, 04:32:30 AM
#8
There is no strong proof that this is a hack I think, but in every high there is low to come of course.

Etheruem gain a massive value in the last 2 weeks and this is the down trend that is happening right now and I really don't know why other altcoins is also going down with this Eth issue. I only thought that altcoins will go down if Bitcoin's price goes up rapidly.
legendary
Activity: 2660
Merit: 1074
June 21, 2017, 04:29:49 AM
#7
Ethereum network is "congested", and etherscan doesn't show updated data. Others exchanges disabled ETH withdraws too(for example, Bittrex). There is no sign that they have been hacked, or they would probably disable Bitcoin and Litecoin withdraws too.

Worst case scenario this is a major bug in ETH network and ETH will die, and Coinbase won't be affected.
copper member
Activity: 1890
Merit: 1874
Goodbye, Z.
June 21, 2017, 04:21:51 AM
#6
Most probably just ethereum network problems due to the huge traffic towards the Status ICO.
(Next block transaction fees have raised from ~$0.10 to ~$0.35)

Nothing indicates a hack or anything in that regard. Although...let's dump the price, shall we?
ALL ETH LOST! SELLSELLSELL.
legendary
Activity: 2912
Merit: 3603
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June 21, 2017, 04:20:34 AM
#5
ETH outages was common enough last year (relatively) and we shouldn't be surprised to see more of it especially with all these tokenised ICOs going on on its blockchain.

Doubt it's got anything to do with hacks. Seen 2 sites already warning of slow/broken ETH deposits.
legendary
Activity: 910
Merit: 1000
June 21, 2017, 04:14:43 AM
#4
i don't see any relationship between the two, it is the normal massive dumping of a heavily pumped altcoin. which was bound to happen sooner or later and people have been warning others about this dump a while back.
the dump started before coinbase announcement by the way.

and the warning shown on the coinbase website doesn't indicate any hacks, it may be another bug which was exploited in ethereum itself and they are protecting themselves.

That's a bad thing Eth going down for all miners like myself. I have to switch to Zcash immediately once I go home as I have not teamviewer open there. It was expected anyway that Eth to go down together with many other altcoins. As for the coinbase, a lot of shit happening at that website so I suggest to anyone to move to another exchange or to another website where to buy bitcoin.
legendary
Activity: 1134
Merit: 1010
BTC to the moon is inevitable...
June 21, 2017, 04:12:12 AM
#3
i don't see any relationship between the two, it is the normal massive dumping of a heavily pumped altcoin. which was bound to happen sooner or later and people have been warning others about this dump a while back.
the dump started before coinbase announcement by the way.

and the warning shown on the coinbase website doesn't indicate any hacks, it may be another bug which was exploited in ethereum itself and they are protecting themselves.
jr. member
Activity: 84
Merit: 1
June 21, 2017, 04:09:56 AM
#2
Investigating - We're investigating an issue with Ethereum sends and receives on the Coinbase platform. All Ethereum transactions will be delayed in the meantime. We appreciate your patience while we work towards a resolution.
Jun 20, 16:08 PDT


Not good, shows MAJOR OUTAGE !!!
jr. member
Activity: 84
Merit: 1
June 21, 2017, 04:04:29 AM
#1
Coinbase has been hacked!
ETH has been effected!

Please site:

https://status.coinbase.com/

should see major sell off..

Beware...
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