Oh Noes! Bitcoin has been hacked! | Bitcointalksearch.org

Mosper

full member

Activity: 168

Merit: 100

Quote from: BTCisthefuture on April 04, 2013, 12:39:29 PM

As of right now it looks like mtgox is suffering another DDOS attack. Also Seals with Clubs (the largest bitcoin poker site) is suffering a DDOS attack as well and appears to be down. Kinda sucks because I was down to the last two people in a poker tournament on SWC , will be interesting to see if they just take my buy in money, if i get refunded, or i get the prize money since im already in the prize money.

Seals with clubs has not been targetted or DDOS. They were on cloudflare and cloudflare has been DDOS for their support of SPAMHAUS. The largest DDOS in the history of the internet actually but it had nothing to do with bitcoin.

http://blog.cloudflare.com/the-ddos-that-knocked-spamhaus-offline-and-ho

MarlboroMan

newbie

Activity: 56

Merit: 0

As Bitcoin expands more exchanges will pop up this wont be a problem in the near future.

alexeft

legendary

Activity: 854

Merit: 1000

Quote from: BTCisthefuture on April 04, 2013, 12:50:01 PM

imo this is still one of the major risks with BTC. seems like DDOS's on various sites happen way too often, and actual hacks/theft also happens way to often.

It takes time to build up trust, if things like this continue to happen it's hard to build up trust amongst most people. BTC has had an amazing run lately but the entire industry needs a serious overhaul on security before BTC ever goes more "mainstream"

That's one of the reason why bitcoin still needs a lot of time to mature. Until then, I think that such volatility will be common place, but the long term trend will be up and up.

mai77

newbie

Activity: 28

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well I was just about to call my friend in Tehran, Persia about financial issues...

Wink

BTCisthefuture

sr. member

Activity: 364

Merit: 250

Quote from: mai77 on April 04, 2013, 12:17:12 PM

matter of fact, which so-called "terrorists" have adopted BTC so far ?

Palestinian Liberation Organization PLO?

any factoids known?

it's only going to take one case/story of a terrorist or terrorist group using BTC to transfer funds in order for some politican out there to trump up the war on terror card and try to get stricter rules imposed on BTC.

VforVictory

sr. member

Activity: 280

Merit: 250

V for Victory or Rather JustV8

Quote from: mai77 on April 04, 2013, 12:17:12 PM

matter of fact, which so-called "terrorists" have adopted BTC so far ?

Palestinian Liberation Organization PLO?

any factoids known?

It's only a matter of time. Grin

BTCisthefuture

sr. member

Activity: 364

Merit: 250

imo this is still one of the major risks with BTC. seems like DDOS's on various sites happen way too often, and actual hacks/theft also happens way to often.

It takes time to build up trust, if things like this continue to happen it's hard to build up trust amongst most people. BTC has had an amazing run lately but the entire industry needs a serious overhaul on security before BTC ever goes more "mainstream"

alexeft

legendary

Activity: 854

Merit: 1000

What particularly bothers me is the "Bitcoin hacked" title.

Only mtgox was "hacked", if one calls DDOSing a hack. Not bitcoin. What a bunch of liars.

BTCisthefuture

sr. member

Activity: 364

Merit: 250

As of right now it looks like mtgox is suffering another DDOS attack. Also Seals with Clubs (the largest bitcoin poker site) is suffering a DDOS attack as well and appears to be down. Kinda sucks because I was down to the last two people in a poker tournament on SWC , will be interesting to see if they just take my buy in money, if i get refunded, or i get the prize money since im already in the prize money.

mai77

newbie

Activity: 28

Merit: 0

matter of fact, which so-called "terrorists" have adopted BTC so far ?

Palestinian Liberation Organization PLO?

any factoids known?

nikkisnowe

member

Activity: 105

Merit: 10

Quote from: Nancarrow on April 04, 2013, 10:45:46 AM

I was particularly struck by what was NOT in the BBC article - namely, a patronising introduction explaining what bitcoins ARE.

We've come a long way!

It was only buried further down the article. Still, there wasn't a reference to silk road drug dealers and terrorists.

Nancarrow

hero member

Activity: 492

Merit: 503

I was particularly struck by what was NOT in the BBC article - namely, a patronising introduction explaining what bitcoins ARE.

We've come a long way!

mai77

newbie

Activity: 28

Merit: 0

"Attackers wait until the price of bitcoins reaches a certain value, sell, destabilize the exchange, wait for everybody to panic-sell their bitcoins, wait for the price to drop to a certain amount, then stop the attack and start buying as much as they can. Repeat this two or three times like we saw over the past few days and they profit," Mt.Gox said.

Gabi

legendary

Activity: 1148

Merit: 1008

If you want to walk on water, get out of the boat

Where are these cheap bitcoins? I can't seem to find them!!!!! Ehi Yahoo, i want to buy bitcoins at a 20% lower price, where are these bitcoins???

Anth0n

full member

Activity: 144

Merit: 101

In other news, the internet has been hacked.

Lethn

legendary

Activity: 1540

Merit: 1000

At least the BBC had the decency to say it was the exchange rates that had been affected by the hacking and not Bitcoin itself, I give them credit for that, people even on this forum don't know the difference.

Piper67

legendary

Activity: 1106

Merit: 1001

We stumbled all the way down to $40 above the price at the start of the week... my kind of stumble, really.

empoweoqwj

hero member

Activity: 518

Merit: 500

There's only one thing worse than being talked about and that's not being talked about.

hazek

legendary

Activity: 1078

Merit: 1003

Yellow "journalism" FTW!!11

RaTTuS

hero member

Activity: 792

Merit: 1000

Bite me

http://www.bbc.co.uk/news/technology-22026961
that one is better

Topic: Oh Noes! Bitcoin has been hacked! (Read 2547 times)