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Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 23773. (Read 26714193 times)

hero member
Activity: 840
Merit: 1000
How do you think Stamp hack will affect bitcoin price when they open trades again?

Will price drops?

TY!


If this was 2013 or earlier, news like BitStamp hack would have caused immediate dumping on all exchanges, but there's only been a slight depress in the price following release of the news. If anything that suggests to me Stamp's reopening will not have any real effect, but who knows.
legendary
Activity: 1281
Merit: 1046
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

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member
Activity: 61
Merit: 10
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
[Suspicious link removed]j.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

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But we're SAVED! See this one:

Wallstreet Journal:

"While the whole world is waiting for Bitstamp's CEO Nejc Kodrič to state whether or not the customers will retrieve their bitcoins apparently lost in a hacker's attack, Bill Gates shocks everyone saying he had just bought 100.000 BTC off the market for, quoting, "it will never get cheaper than that, I know it for sure". Hundreds of other members of the richest world's elite are arranging to do the same as we are writing this article to get in time before the new megabubble starts in the Bitcoin world."

[Suspicious link removed]j.com/articles/bill-gates-invests-in-bitcoin-it-will-never-be-cheaper-1430928573

 Shocked Shocked Shocked
hero member
Activity: 636
Merit: 500
Who wants to lose more money? Sell now and cry later!
legendary
Activity: 1025
Merit: 1000
Most of us have fonzie ignored - please don't quote his BS, no matter how creative (and dumb, really - like the precision of $1000 is somehow different than the precision of $100 per coin - lol).

Oh I don't know, that was some great trolling. I clicked the link too. Funny stuff  Smiley
legendary
Activity: 2338
Merit: 1035
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

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BusinessWeek




 Sad Shocked Angry Embarrassed Cry

sr. member
Activity: 471
Merit: 250
full member
Activity: 287
Merit: 101
Most of us have fonzie ignored - please don't quote his BS, no matter how creative (and dumb, really - like the precision of $1000 is somehow different than the precision of $100 per coin - lol).
legendary
Activity: 1470
Merit: 1007
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

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BusinessWeek




 Sad Shocked Angry Embarrassed Cry


That's some high quality, high effort stuff. I'm not even mad about the trolling Cheesy
hero member
Activity: 504
Merit: 500
Moderator
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

Sad Angry Embarrassed


BusinessWeek




 Sad Shocked Angry Embarrassed Cry

PAGE UNAVAILABLE

The document you requested either no longer exists or is not currently available.

You may use the "Back" button in your browser to return to the previous page or click Home to return to the WSJ.com home page.

To report this problem, contact Customer Support at [email protected]

It works for me, maybe you should try some solid browser (Internet Explorer) ? If you´re interested i could also copy the whole article in here.
p4n
full member
Activity: 167
Merit: 100
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 

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wow fonzie, that is an elaborated trolling. Congrats.
sr. member
Activity: 432
Merit: 251
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

Sad Angry Embarrassed


BusinessWeek




 Sad Shocked Angry Embarrassed Cry

PAGE UNAVAILABLE

The document you requested either no longer exists or is not currently available.

You may use the "Back" button in your browser to return to the previous page or click Home to return to the WSJ.com home page.

To report this problem, contact Customer Support at [email protected]
hero member
Activity: 504
Merit: 500
Moderator
Wow, it´s all over the news!  Shocked

Wallstreet Journal:

"Bitstamps real problem is similiar to the Y2K-Bug in 2000. According to an insider Bitstamp thought that the price would never ever go below the old ATH and so their trading engine has never been designed to handle trades in this area. However it seems that everything is broken now and all coins(even the ones from the cold wallet) are stolen due to the bug that someone immediately exploited. Rumours say that Bitstamp CEO Nejc Kodrič will release a statement in a few hours(days) on how they plan to reimburse their customers one by one over a 5-8 year term."
 
http://www.wsj.com/articles/behind-the-scenes-of-the-broken-bitstamp-trading-engine-1420455248

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BusinessWeek




 Sad Shocked Angry Embarrassed Cry
legendary
Activity: 1596
Merit: 1030
Sine secretum non libertas
on a happy note, so far XMR has hedged BTC very nicely.
legendary
Activity: 1526
Merit: 1012
my guts tell me chaos is nearby
legendary
Activity: 1092
Merit: 1000
How do you think Stamp hack will affect bitcoin price when they open trades again?

Will price drops?

TY!


depends what happens in the next hours and days. If everything back to normal soon and trades get reestablished, then prices probably will recover.

If things keep as they are or people can't withdraw money things will get worse



i think its going to get worse. obviously they are rehashing last years gox that brought bitcoin down.
next will be china banning bitcoin again for the umpteenth time. (sure ya banned it this time for reals)
and then maybe the us economy will enter into crisis mode again.
with the dollar at ATH's we are sure to see something happen.
we can't have the dollar higher than it was in 2007 and it just stay that high forever.
it never has before, it always crashes back down. ALWAYS ... gravity > usd. get ready for the usd to crash again.
legendary
Activity: 2674
Merit: 3000
Terminated.
Few months back $275 seemed dirt cheap and a gift from satoshi and now we touched it as resistance after a low volume bounce.



 Cheesy Cheesy Cheesy

Yes and if we were to experience a 2013 rate of growth again reinstate Willy, we'd be put at $35k/BTC at the end of november. Funny this market, ain't it?

FTFY Wink
Then reinstate him. What are you waiting for?
legendary
Activity: 1106
Merit: 1000
The future is bright with DigiByte.

Maybe 18,866 is the amount they have saved out of 134,872 from so-called hacker (hacker is the guy who tweeted that bulk thing, stealing from himself Lips sealed)Huh?
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