This is actually good news
WTF are you smoking?
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 29871. (Read 26710141 times)
February 10, 2014, 05:15:45 AM
WTF are you smoking?
February 10, 2014, 05:15:37 AM
Choo choo mother fuckers
February 10, 2014, 05:15:27 AM
February 10, 2014, 05:14:55 AM
shorting
February 10, 2014, 05:14:28 AM
This is actually good news
February 10, 2014, 05:13:33 AM
I can only imagine the headlines when this story is picked up by mainstream as "protocol vulnerability found" - bummer it's probably (but hopefully not) going to get blown out of proportion.
February 10, 2014, 05:12:06 AM
So are they bullshitting or is this really an issue with the protocol?
February 10, 2014, 05:11:34 AM
Quote
We have discussed this solution with the Bitcoin core developers and will allow Bitcoin withdrawals again once it has been approved and standardized.
Yeah, so, what's the ETA on that? 
Shouldn't there be a github issue open?
February 10, 2014, 05:10:35 AM
Well that is bad news - can core developers confirm this?
February 10, 2014, 05:09:24 AM
Quote
We have discussed this solution with the Bitcoin core developers and will allow Bitcoin withdrawals again once it has been approved and standardized.
Yeah, so, what's the ETA on that? February 10, 2014, 05:09:07 AM
The wording of the statement sure has them trying to spread the blame to the entire protocol ...
February 10, 2014, 05:09:02 AM
as a full time hodler, im considering shorting a few btc right here
not sure though
not sure though
February 10, 2014, 05:08:16 AM
looks like we'll be heading lower for the short term.
February 10, 2014, 05:07:05 AM
So whats the verdict? dump or buy?
dump. sell. Ive lowered my bids 
February 10, 2014, 05:05:45 AM
So whats the verdict? dump or buy?
February 10, 2014, 05:05:27 AM
Sounds like they had some coins stolen because their system doesn't inventory its bitcoins properly.
February 10, 2014, 05:04:55 AM
In other words, no change.
February 10, 2014, 05:04:46 AM
Assuming the gox fix works, (and exists of course) Gox BTC are going to be worth a lot more than GoxBux, especially being so cheap. We are going to get a massive spike in the Gox price, which will drag up all the other exchanges. I'd be anxious if I was short at the moment, this represents a significant risk if you stop including the bear trolls in your risk assment and see how likely it is to happen.
unless they want to get out in cash, which means a race to the bottom ...?
That's what's happening right now... once ppl can get coins out the price will only go up as everyone runs for the nearest exit.
February 10, 2014, 05:03:55 AM
Quote
Conclusion
To put things in perspective, it's important to remember that Bitcoin is a very new technology and still very much in its early stages. What MtGox and the Bitcoin community have experienced in the past year has been an incredible and exciting challenge, and there is still much to do to further improve.
MtGox will resume bitcoin withdrawals to outside wallets once the issue outlined above has been properly addressed in a manner that will best serve our customers.
More information on the status of this issue will be released as soon as possible.
We thank you for taking the time to read this, and especially for your patience.
Best Regards,
MtGox Team
To put things in perspective, it's important to remember that Bitcoin is a very new technology and still very much in its early stages. What MtGox and the Bitcoin community have experienced in the past year has been an incredible and exciting challenge, and there is still much to do to further improve.
MtGox will resume bitcoin withdrawals to outside wallets once the issue outlined above has been properly addressed in a manner that will best serve our customers.
More information on the status of this issue will be released as soon as possible.
We thank you for taking the time to read this, and especially for your patience.
Best Regards,
MtGox Team
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