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Topic: Bitstampt suspend Bitcoin withdrawals (Read 2517 times)

sr. member
Activity: 364
Merit: 250
February 11, 2014, 07:16:51 PM
#29
Should be resolved within a few days , I'm not too worried about it. Good time to buy coins in the meantime.
legendary
Activity: 2674
Merit: 3000
Terminated.
February 11, 2014, 07:12:43 PM
#28
The 'sheep' part of the population gets affected by this, even though they clearly said (and we are expecting) a fix before the weekend. Why would there be any reason to panic, consider it a smaller delay in the withdrawal.
Oh well, cheaper coins incoming.
full member
Activity: 186
Merit: 100
February 11, 2014, 07:07:09 PM
#27
I thought we are here that special 1% part of humanity! Cheesy
full member
Activity: 227
Merit: 100
February 11, 2014, 07:05:33 PM
#26
If i would own such exchange i would pretent to have problems and suspend withdraws to buy up bitcoins cheap and announce end of problems immidiatly after it Wink

BTW why bitcoin community can't code an open source bitcoin exchange engine? It would let people create more exchanges and by law of selection some would become successfull and more people would be interested in solving such technical problems because it would hit bitcoin valuation...

Seriously! 

We have so many skilled profesionals here who can do it. They also own bitcoins so it is in interest of all to prevent such stupid events to happen. Bitcoin family! Yes, we can't? Cheesy

Because 99% of the people are not ready to put their asses on the line for btc
full member
Activity: 186
Merit: 100
February 11, 2014, 07:02:33 PM
#25
If i would own such exchange i would pretent to have problems and suspend withdraws to buy up bitcoins cheap and announce end of problems immidiatly after it Wink

BTW why bitcoin community can't code an open source bitcoin exchange engine? It would let people create more exchanges and by law of selection some would become successfull and more people would be interested in solving such technical problems because it would hit bitcoin valuation...

Seriously!  

We have so many skilled profesionals here who can do it. They also own bitcoins so it is in interest of all to prevent such stupid events to happen. Bitcoin family! Yes, we can't? Cheesy

P.S. I'm happy that so many problems happened at once... when bitcoin will recover there will be less bad info to affect it later Wink

BTW have you heard about Singapore's laws for bitcoin? It is accepted there. I hope someone legit will start selling physical gold for it. This would be huge event and game changer Wink

member
Activity: 84
Merit: 10
February 11, 2014, 06:40:20 PM
#24
all i know is i'm putting some $200 limit orders this weekend
sr. member
Activity: 271
Merit: 250
February 11, 2014, 06:33:33 PM
#23
interesting how everything coincides. I think some insiders construct the last dip to load up on rockbottom before the moonrocket. I will use the time to get some other things done until this circus is resolved and everything is back to normal and 950$ by the weekend Wink
newbie
Activity: 12
Merit: 0
February 11, 2014, 02:21:36 PM
#22

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?

Gox are full of shit as this problem has been known by the industry for 2 years and they made out like they discovered a 'bug'. It's not a bug it's an exploitable aspect of transaction tagging.

Now that the wider hacker community have heard about it they are having a laugh with the BTC Network. They could have had this laugh at any point in the last 2 years but they weren't aware of the details.
remember Chinese exchange Okcoin also announced a system upgrade few hours ago. It's no surprise to me that no one would like to admit their fault, neither Mtgox/Bitstamp nor Bitcoin core dev team
sr. member
Activity: 280
Merit: 250
IIIIII====II====IIIIII
February 11, 2014, 02:16:56 PM
#21

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?

Gox are full of shit as this problem has been known by the industry for 2 years and they made out like they discovered a 'bug'. It's not a bug it's an exploitable aspect of transaction tagging.

Now that the wider hacker community have heard about it they are having a laugh with the BTC Network. They could have had this laugh at any point in the last 2 years but they weren't aware of the details.
full member
Activity: 168
Merit: 100
February 11, 2014, 02:16:44 PM
#20
The issue was already known. They made out like it was a massive flaw in the system and was blaming that for their issues which they could've solved themselves.

And had they solved it quietly, we still would have a ticking time bomb on our hands.

I'm not saying I'm happy with the mess, but at least everyone now knows what is up and it is worked on.
legendary
Activity: 1232
Merit: 1195
February 11, 2014, 02:13:21 PM
#19
Either way they shouldn’t have blabbed about it like they did. They could've handled it better. I'm sure more info will be available soon.

Who said they did not try? Just look at the initial response of "Noting is wrong, deal with it.".

How often have you read a story of someone discovering a vulnerability only to be ignored, until there is a working exploit for it?

The issue was already known. They made out like it was a massive flaw in the system and was blaming that for their issues which they could've solved themselves.
sr. member
Activity: 266
Merit: 250
February 11, 2014, 02:12:05 PM
#18
For some reason I don't think this is as big a deal as Gox's troubles.

Bitstamp was very up-front about why it was happening and let everyone know that it was cool. Of course, this probably has to do with their proficiency in ENGLISH just as much as their "we actually give a shit" attitude.

Gox is inept, Bitstamp is on top of their shit.
full member
Activity: 168
Merit: 100
February 11, 2014, 02:11:05 PM
#17
maybe MtGox & Bitstamp need to contact BTC-e then and pay them to sort it out?

BTC-e just has not released a statement.

BTC-e withdrawal issues?

I'm also waiting for a withdrawal from BTC-e that I initiated about 20h ago. Blockchain.info doesn't even show a transaction for it.
legendary
Activity: 1330
Merit: 1000
February 11, 2014, 02:09:10 PM
#16

maybe MtGox & Bitstamp need to contact BTC-e then and pay them to sort it out?
full member
Activity: 168
Merit: 100
February 11, 2014, 02:07:24 PM
#15
Either way they shouldn’t have blabbed about it like they did. They could've handled it better. I'm sure more info will be available soon.

Who said they did not try? Just look at the initial response of "Noting is wrong, deal with it.".

How often have you read a story of someone discovering a vulnerability only to be ignored, until there is a working exploit for it?
legendary
Activity: 1232
Merit: 1195
February 11, 2014, 02:04:22 PM
#14

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?

I thought the problem gox had was based on their outdated software that they hadn't upgraded?

i have no clue, anyone?

Either way they shouldn’t have blabbed about it like they did. They could've handled it better. I'm sure more info will be available soon.
full member
Activity: 168
Merit: 100
February 11, 2014, 02:03:39 PM
#13
Every statement is biased.

Mt.Gox telling of doom and the lead devs saying nothing is wrong. The truth is likely somewhere in the middle.
legendary
Activity: 1330
Merit: 1000
February 11, 2014, 02:00:51 PM
#12

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?

I thought the problem gox had was based on their outdated software that they hadn't upgraded?

i have no clue, anyone?
legendary
Activity: 1232
Merit: 1195
February 11, 2014, 01:59:23 PM
#11

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?

I thought the problem gox had was based on their outdated software that they hadn't upgraded?
legendary
Activity: 1330
Merit: 1000
February 11, 2014, 01:53:23 PM
#10

can someone explain to me, does this mean MtGox arent full of shit? ..... but hold on havent BTC-e already sorted the problem?
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