Given everything that happened the price of BTC is going back up.
Not that much price movement. Had I not read this post I wouldn't have suspected the slight price drop other than a weekend cash out.
Topic: [Emergency ANN] Bitcoinica site is taken offline for security investigation - page 66. (Read 224563 times)
May 11, 2012, 07:12:25 PM
May 11, 2012, 06:20:40 PM
I should thank the owner for making me feel burned pretty early on (over a small amount). I had $2 over there.
May 11, 2012, 06:10:15 PM
lmao
May 11, 2012, 06:07:30 PM
This is awful.
I think some people are being too harsh on Zhou. He has proven to be an honest person, with greater achievements in life than most, if not all, the participants of this thread. And that even before completing 18 years old! He deserves a lot of respect.
I think some people are being too harsh on Zhou. He has proven to be an honest person, with greater achievements in life than most, if not all, the participants of this thread. And that even before completing 18 years old! He deserves a lot of respect.
Eh, honest perhaps, and points for ambition but none really for being able to run a secure financial application.
This is someone who's managed to get ~60K BTC stolen from them in two separate incidents. I don't think it's harsh for people to be calling his abilities into question. Those screaming for the site to be reopened do not have any kind of grasp of the situation though.
May 11, 2012, 06:00:40 PM
So now everyone has their panties in a bunch over withdrawals - what about open positions, especially if the market moves significantly before bitcoinica reopens? I fear that's when the real fun starts...
Fingers crossed for a quick resolution to this affair.
Fingers crossed for a quick resolution to this affair.
May 11, 2012, 05:55:20 PM
The Bitcoin Consultancy is certainly having a bad couple of weeks. Couldn't have happened at a worse time for them.
Looking forward to the full report.
Looking forward to the full report.
Well in fairness to them, I don't believe they were immediately made aware of the issue which is an issue in itself.
May 11, 2012, 05:53:29 PM
The Bitcoin Consultancy is certainly having a bad couple of weeks. Couldn't have happened at a worse time for them.
Looking forward to the full report.
Looking forward to the full report.
May 11, 2012, 05:42:04 PM
The Bit Bucket might be more apropos in this situation.
May 11, 2012, 05:37:54 PM
Where do we send withdrawl requests?
/dev/null May 11, 2012, 05:32:29 PM
May 11, 2012, 05:31:18 PM
test spike to > 5 $ = all OK
It's rough (soon to be unemployed) JP Morgan trader lined up = check
don't do it man, jees it's only like 6 B $ (& counting) of someonelese's money, tax payer will cover that np, chill
so, time for some moonlighting yep, sweet how about drop 2$M on Bitcorn - it could just be your pension now
I am having a hard time parsing this post. It's rough (soon to be unemployed) JP Morgan trader lined up = check
don't do it man, jees it's only like 6 B $ (& counting) of someonelese's money, tax payer will cover that np, chill
so, time for some moonlighting yep, sweet how about drop 2$M on Bitcorn - it could just be your pension now
May 11, 2012, 05:25:55 PM
test spike to > 5 $ = all OK
It's rough, soon to be tough (soon to be unemployed) JP Morgan trader lined up = check
don't do it man, jees it's only like 6 B $ (& counting) of someonelese's money, tax payer will cover that shit if needs be np, chill.
Willkommen! Bienvenue! Welcome!
so, time for some moonlighting yep, sweet how about drop 2$M on Bitcorn - it could just be your future pension fund now
always look on the bright side of life .. tra la la
It's rough, soon to be tough (soon to be unemployed) JP Morgan trader lined up = check
don't do it man, jees it's only like 6 B $ (& counting) of someonelese's money, tax payer will cover that shit if needs be np, chill.
Willkommen! Bienvenue! Welcome!
so, time for some moonlighting yep, sweet how about drop 2$M on Bitcorn - it could just be your future pension fund now
always look on the bright side of life .. tra la la
May 11, 2012, 05:02:05 PM
Another theft?
=> Checks wallets.....
=> Balances nominal
=> Continues with life...
=> Checks wallets.....
=> Balances nominal
=> Continues with life...
May 11, 2012, 04:55:43 PM
May 11, 2012, 04:46:21 PM
ah cool, 48 hrs to plan the perfect 1.7M $ spike to 20 $ ~ it's all going according to plan
May 11, 2012, 04:45:58 PM
it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people?
This theft is not a bug, it's a feature.
LOL, quite true.
Let see: I have control over my money; I give it to someone else to control; they loose the money; it's their fault, not mine; give me my money back; we can't that is the 'feature' of bitcoin.
People are learning, slowly but surly, they are.
Soon these 'official' bitcoin businesses will have to have BDIC (Bitcoin Deposit Insurance Corporation) Insurance for deposits.
Hey, there is an idea. Someone sell bonds for it on GLBSE.
May 11, 2012, 04:38:13 PM
it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people?
This theft is not a bug, it's a feature.
May 11, 2012, 04:37:18 PM
Not well said.
Bitcoin users need to understand that exchanges like Bitcoinica and Gox CAN, WILL, and DO separate people from their money for a weekend or longer.
I understand this is a very stressful time for a lot of people, but it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people? Well own up to it!
Haha, I was thinking the same thing.Bitcoin users need to understand that exchanges like Bitcoinica and Gox CAN, WILL, and DO separate people from their money for a weekend or longer.
I understand this is a very stressful time for a lot of people, but it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people? Well own up to it!
People want complete control over their money without any rules and regulations holding them back, but then are in an uproar when an unregulated company does something that they don't like without any regulations to stop them.
These guys want none of that. These are the type of persons who are here for the Dollars, not for the Bitcoins
Fuck them, I say.
May 11, 2012, 04:36:18 PM
Am I going to get my money back from bitcoinica?
if i dont get my money back they should all go to jail. this is bs.
there is no need to shut down the site.
i want my money out now not on monday wtf
this is why the website need to be UP asap and if is needed bitcoinica should manually process any withdraw, you need to understand that you can separate ppl from their money for a weekend(48h) just like that, the end result will be worse mondayif i dont get my money back they should all go to jail. this is bs.
there is no need to shut down the site.
i want my money out now not on monday wtf
You guys need to understand that they first have to investigate how did it happen, right? it would be extremely reckless to relaunch the site otherwise. They also need to discuss their strategy internally without having to worry about the site.
May 11, 2012, 04:36:01 PM
Not well said.
Bitcoin users need to understand that exchanges like Bitcoinica and Gox CAN, WILL, and DO separate people from their money for a weekend or longer.
I understand this is a very stressful time for a lot of people, but it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people? Well own up to it!
Haha, I was thinking the same thing.Bitcoin users need to understand that exchanges like Bitcoinica and Gox CAN, WILL, and DO separate people from their money for a weekend or longer.
I understand this is a very stressful time for a lot of people, but it is your money and your responsibility. That's the Bitcoin idea remember? The power of money is returned to the people? Well own up to it!
People want complete control over their money without any rules and regulations holding them back, but then are in an uproar when an unregulated company does something that they don't like without any regulations to stop them.
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