Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29818.

Miz4r

legendary

Activity: 1246

Merit: 1000

Quote from: N12 on February 11, 2014, 01:30:19 PM

Quote from: podyx on February 11, 2014, 01:29:25 PM

Quote from: N12 on February 11, 2014, 01:27:56 PM

Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.

what? blitz, u are against btc?

I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.

Who are the dogmatic and dishonest people you are referring to here? Blind anti-dogmatism can also be a form of dogmatism.

600watt

legendary

Activity: 2338

Merit: 2106

Quote

just saw 666 on stamp.

bitcoin is evil, krugman was right

this is logic bitcointalk-style.

threecats

sr. member

Activity: 378

Merit: 250

Quote from: fonzie on February 11, 2014, 01:43:40 PM

Quote from: kireinaha on February 11, 2014, 01:41:06 PM

Quote from: c0dex on February 11, 2014, 01:28:25 PM

It still doesn't seem as though it will get ANYWHERE near $100 again, and in fact seems to have stopped plummeting now that we're heading back up on Bitstamp.

I think we're still just now absorbing the impact of this. People laughed off Gox's statement at first, maybe because they didn't want to believe it. We're probably going to see more exchanges suspend withdrawals one by one. If it's not resolved soon, we'll have a few more sell offs i'm afraid that will test historic lows. People will be rushing for the exits, it's a mixture of a legitimate bug and mass hysteria. This is shaping up to be the "worst case scenario" I always feared but hoped wouldn't happen.

"I always feared but hoped wouldn't happen."

wow fonzie, never thought i would see your soft side ...

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: ?? on ??

Quote from: Holliday on February 11, 2014, 01:40:43 PM

Quote from: threecats on February 11, 2014, 01:39:28 PM

seriously. among the top reasons given again and again on this forum for why bitcoin might tank (forever) is exploit in software code. so. we are back to pre - bug news level in less than a half hour. wtf?

This exploit affects the appearance of transactions, not the function of transactions. It's not cool, it will probably break Bitcoin.

If you are going to edit my posts at least put FTFY so people know you've edited it.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: threecats on February 11, 2014, 01:29:42 PM

this fast recovery seems to say this is a very irrational market ...

markets in th short term are irrational... and quite dumb.

fonzie

hero member

Activity: 504

Merit: 500

Moderator

Quote from: kireinaha on February 11, 2014, 01:41:06 PM

Quote from: c0dex on February 11, 2014, 01:28:25 PM

It still doesn't seem as though it will get ANYWHERE near $100 again, and in fact seems to have stopped plummeting now that we're heading back up on Bitstamp.

I think we're still just now absorbing the impact of this. People laughed off Gox's statement at first, maybe because they didn't want to believe it. We're probably going to see more exchanges suspend withdrawals one by one. If it's not resolved soon, we'll have a few more sell offs i'm afraid that will test historic lows. People will be rushing for the exits, it's a mixture of a legitimate bug and mass hysteria. This is shaping up to be the "worst case scenario" I always feared but hoped wouldn't happen.

empowering

legendary

Activity: 1078

Merit: 1441

Quote from: N12 on February 11, 2014, 01:30:19 PM

Quote from: podyx on February 11, 2014, 01:29:25 PM

Quote from: N12 on February 11, 2014, 01:27:56 PM

Too bad we live in a practical and not a technical world. That's the thing you'd expect from a lawyer.

what? blitz, u are against btc?

I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.

ha ha you mad man! I like it.

threecats

sr. member

Activity: 378

Merit: 250

Quote from: Holliday on February 11, 2014, 01:40:43 PM

Quote from: threecats on February 11, 2014, 01:39:28 PM

seriously. among the top reasons given again and again on this forum for why bitcoin might tank (forever) is exploit in software code. so. we are back to pre - bug news level in less than a half hour. wtf?

This exploit affects the appearance of transactions, not the function of transactions. It's not cool, but it doesn't break Bitcoin.

i get that,but the general public, those who are the potential market support, the unwashed masses etc. the danger is in the perception. and that is being shrugged off.

JCviggen

hero member

Activity: 1260

Merit: 505

Age Of Mars | GameFI Virtual colonization of Mars

Quote from: threecats on February 11, 2014, 01:39:28 PM

seriously. among the top reasons given again and again on this forum for why bitcoin might tank (forever) is exploit in software code. so. we are back to pre - bug news level in less than a half hour. wtf?

Well obviously harmless exploits aren't going to drive the price to 1$. No-one is losing their funds with this one (unless you left them on a retarded exchange like Gox obviously)

N12

donator

Activity: 1610

Merit: 1010

Quote from: Holliday on February 11, 2014, 01:38:39 PM

Quote from: N12 on February 11, 2014, 01:30:19 PM

I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.

So, you call Bitcoin shit because of a bug that affects appearance, not function?

Don't you think that's a bit of a dishonest proposition?

It just amazes me how it affects all major exchanges. Actually didn't expect that. So yes, from a practical world view, I would say that something has gone wrong that this was not noticed before by any of them.

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: threecats on February 11, 2014, 01:39:28 PM

seriously. among the top reasons given again and again on this forum for why bitcoin might tank (forever) is exploit in software code. so. we are back to pre - bug news level in less than a half hour. wtf?

This exploit affects the appearance of transactions, not the function of transactions. It's not cool, but it doesn't break Bitcoin.

threecats

sr. member

Activity: 378

Merit: 250

seriously. among the top reasons given again and again on this forum for why bitcoin might tank (forever) is exploit in software code. so. we are back to pre - bug news level in less than a half hour. wtf?

Holliday

legendary

Activity: 1120

Merit: 1012

Quote from: N12 on February 11, 2014, 01:30:19 PM

I have an aversion against dogmatic and dishonest people. It culminates in outbursts of the opposite order sometimes, even though I like Bitcoin.

So, you call Bitcoin shit because of a bug that affects appearance, not function?

Don't you think that's a bit of a dishonest proposition?

pera

sr. member

Activity: 532

Merit: 261

バカ

Quote from: gizmoh on February 11, 2014, 01:34:15 PM

Quote from: meanig on February 11, 2014, 01:30:24 PM

Quote from: pera on February 11, 2014, 01:14:41 PM

https://bitcoin.standardbank.co.za

Shocked

Rich South Africans will try anything to avoid the Rand. The Rand isn't even welcome in Zimbabwe now its lost so much value.

The link is not working, Probably a well-crafted hoax.

what do you mean with "not working"? it is working, but it asks for credentials (obviously)

edit: I saved it just in case -> https://web.archive.org/web/20140211184011/https://bitcoin.standardbank.co.za/

Mythul

sr. member

Activity: 644

Merit: 250

Quote from: meanig on February 11, 2014, 01:09:59 PM

Standard Bank is huge!!!!!!!

HODL SPARTANS & TROLLS

fonzie

hero member

Activity: 504

Merit: 500

Moderator

So Bitstamp stated that no coins/money have been lost so far.....
It just takes some time to be fixed, (2weeks) :-D
We just have to work through that backlog Cheesy