Strange that the big hacks have been always occuring at the start of a month

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Quote from: dancupid on October 08, 2011, 10:15:24 AM

Currently the sun is in Scorpio, so we are seeing the 'poisonous tail' (very clear on bitcoin charts). Libra gave us stability. Once we move into the positivity of Sagittarius things should change.
But please never forget the moon has an influence too (the lunar cycles are very clear to see on bitcoin charts)

Disclaimer - this post does not represent financial advice. I own some bitcoins and may be buying more (probably selling more) in the next 2 weeks.

+1000

dancupid

hero member

Activity: 955

Merit: 1002

Currently the sun is in Scorpio, so we are seeing the 'poisonous tail' (very clear on bitcoin charts). Libra gave us stability. Once we move into the positivity of Sagittarius things should change.
But please never forget the moon has an influence too (the lunar cycles are very clear to see on bitcoin charts)

Disclaimer - this post does not represent financial advice. I own some bitcoins and may be buying more (probably selling more) in the next 2 weeks.

Fiyasko

legendary

Activity: 1428

Merit: 1001

Okey Dokey Lokey

Quote from: ElectricMucus on October 07, 2011, 05:16:07 PM

Well, it is suspicious to say the least.
I think it is very likely that most of these 'hacks' are just simple hit & run scams.

At the start of the month people get their pay and would be able to invest something, so they get the most possible potential buyers.

+1000000

Minsc

full member

Activity: 210

Merit: 100

Quote from: ElectricMucus on October 07, 2011, 05:16:07 PM

Well, it is suspicious to say the least.
I think it is very likely that most of these 'hacks' are just simple hit & run scams.

I know people have said the person running bitcoin7 was shady. But he had very little buy and sell orders on his site so he probably didn't have much money and coins to take.

ElectricMucus

legendary

Activity: 1666

Merit: 1057

Marketing manager - GO MP

Well, it is suspicious to say the least.
I think it is very likely that most of these 'hacks' are just simple hit & run scams.

At the start of the month people get their pay and would be able to invest something, so they get the most possible potential buyers.

Minsc

full member

Activity: 210

Merit: 100

I think Gox was hacked mid-June, but other than that it's always been hacks that occur at the start of the month when the price typically drops by several dollars. Pretty weird. The hackers go, "The price drops several bucks at the start of each month so let's only do our hacking right before then so there's a pattern."

Bitcoin7 though had hardly any userbase at the time it was hacked. I guess the site owner had a fat wallet from all his transaction fees. Kind of stupid to leave all your wallets accessible online. Your backups should be manual.

Topic: Strange that the big hacks have been always occuring at the start of a month (Read 1099 times)