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Topic: MtGox is down again DO NOT PANIC!! (Read 1033 times)

newbie
Activity: 11
Merit: 0
April 12, 2013, 05:08:06 AM
#22
Mt. Gox is already back up btw but the info in these post are still relevant to the situation with bitcoin  Cool
I totally agree.
newbie
Activity: 28
Merit: 0
April 12, 2013, 03:19:26 AM
#21
DECENTRALIZED EXCHANGE!

...and none of this would have happened.

Mt. Gox will never be fixed.  It's a fundamental flaw in architecture.

We need a decentralized exchange!

i agree its only fitting with this type of currency.  Smiley
newbie
Activity: 28
Merit: 0
April 12, 2013, 03:16:00 AM
#20
Mt. Gox is already back up btw but the info in these post are still relevant to the situation with bitcoin  Cool
legendary
Activity: 1078
Merit: 1003
April 12, 2013, 01:49:07 AM
#19
Shocked I got into bitcoins because theyre cool, and I like the idea and philosophy behind it all. I didnt know Id be getting enemies out of it.  Undecided

The bank hates you.

Feels good don't it Grin
newbie
Activity: 28
Merit: 0
April 12, 2013, 01:47:14 AM
#18
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.  Are you guys really suggesting that the world's reserve banks are trying to kill bitcoin?

I'm simply saying things like this happen. I'm going to make a comparison, you may not agree but here it is.

1. When Libya was attacked and Gadaffi was taken out of power, did you know there was a new currency based on gold called the African dinar he was trying to implement throughout Africa? This currency was going to be the exchange currency for all goods, services and resources in Africa. What happened? He was murdered and a massive pile of gold in Libya dissapeared (44 + tons) 

2. Abraham Lincoln- Was trying to repeal the federal reserve act (assasinated)

3. J.F.K- Tried to repeal the federal reserve act (assasinated)

4. Before 9/11 afghanistan and iraq had no central bank, "now they do."

5. The only countries left in the world without central banks are, you guessed it (Iran and North Korea)

"they go after everything that's not centralized"  (and, in no way am i saying the countries listed above are good, I'm just showing the correlation)

very true i could not agree more
newbie
Activity: 8
Merit: 0
April 12, 2013, 12:38:10 AM
#17
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.  Are you guys really suggesting that the world's reserve banks are trying to kill bitcoin?

I'm simply saying things like this happen. I'm going to make a comparison, you may not agree but here it is.

1. When Libya was attacked and Gadaffi was taken out of power, did you know there was a new currency based on gold called the African dinar he was trying to implement throughout Africa? This currency was going to be the exchange currency for all goods, services and resources in Africa. What happened? He was murdered and a massive pile of gold in Libya dissapeared (44 + tons) 

2. Abraham Lincoln- Was trying to repeal the federal reserve act (assasinated)

3. J.F.K- Tried to repeal the federal reserve act (assasinated)

4. Before 9/11 afghanistan and iraq had no central bank, "now they do."

5. The only countries left in the world without central banks are, you guessed it (Iran and North Korea)

"they go after everything that's not centralized"  (and, in no way am i saying the countries listed above are good, I'm just showing the correlation)
newbie
Activity: 7
Merit: 0
April 12, 2013, 12:33:23 AM
#16
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.

I think that scenario is a perfect example of why BTC needs a more widely dispersed infrastructure without depending so heavily on a single exchange.
newbie
Activity: 4
Merit: 0
April 12, 2013, 12:24:02 AM
#15
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.  Are you guys really suggesting that the world's reserve banks are trying to kill bitcoin?
newbie
Activity: 8
Merit: 0
April 12, 2013, 12:14:29 AM
#14
DECENTRALIZED EXCHANGE!

...and none of this would have happened.

Mt. Gox will never be fixed.  It's a fundamental flaw in architecture.

We need a decentralized exchange!


I definitely agree with the idea
hero member
Activity: 632
Merit: 500
April 12, 2013, 12:11:53 AM
#13
DECENTRALIZED EXCHANGE!

...and none of this would have happened.

Mt. Gox will never be fixed.  It's a fundamental flaw in architecture.

We need a decentralized exchange!
newbie
Activity: 8
Merit: 0
April 12, 2013, 12:07:58 AM
#12
http://twitter.com/MtGox

33 minutes ago
Our developers are working on mitigating the Ddos attack.

1 hour ago
"We are experiencing a stronger than usual DDoS. We are working on it."

 Cheesy

They hate the BTC, but it will live on!

maj
newbie
Activity: 5
Merit: 0
April 12, 2013, 12:06:24 AM
#11
Who is doing the ddos? And why do they always do it when the price crashes?

Our enemies. To make it crash more.

 Shocked I got into bitcoins because theyre cool, and I like the idea and philosophy behind it all. I didnt know Id be getting enemies out of it.  Undecided
donator
Activity: 2772
Merit: 1019
April 11, 2013, 11:59:15 PM
#10
Who is doing the ddos? And why do they always do it when the price crashes?

Our enemies. To make it crash more.
newbie
Activity: 2
Merit: 0
April 11, 2013, 11:59:03 PM
#9
Hope this gets sorted and soon
member
Activity: 72
Merit: 10
April 11, 2013, 11:56:36 PM
#8
So when someone‘s post count is at 1337, it shows up as "leet"?  As per Mike Christ above.
legendary
Activity: 1078
Merit: 1003
April 11, 2013, 11:55:18 PM
#7
Who is doing the ddos? And why do they always do it when the price crashes?

An odd correlation, isn't it?  Grin
maj
newbie
Activity: 5
Merit: 0
April 11, 2013, 11:54:31 PM
#6
Who is doing the ddos? And why do they always do it when the price crashes?
newbie
Activity: 7
Merit: 0
April 11, 2013, 11:51:55 PM
#5
Keep your calm.
legendary
Activity: 1078
Merit: 1003
April 11, 2013, 11:47:26 PM
#4
BOO CENTRAL BANKS ARE BOLOGNY

But a central exchange is very very bad too.  Angry
newbie
Activity: 8
Merit: 0
April 11, 2013, 11:45:08 PM
#3

HAHA. YES, it will crash a bit, but it's going to recover if the original base doesn't give up on it. Central banks do not like bitcoin!! Well, we don't like central banks!!
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