Thank you elux, really interesting.
Interesting, but that is not today's attack.
Today's one is probably bigger, IMO.
Topic: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion - page 33715. (Read 26462396 times)
April 21, 2013, 02:31:38 PM
Interesting, but that is not today's attack.
Today's one is probably bigger, IMO.
April 21, 2013, 02:28:52 PM
Thank you elux, really interesting.
April 21, 2013, 02:27:26 PM
April 21, 2013, 02:26:32 PM
What kind of sell off do you think they are trying to prevent though? There have been quite a few ~BTC5k sell offs in the past few days that recovered fine
Well according to this the ones significantly above 5k. I don't know any exact figures but if you look at the volume of the flash crash from the top there must have been some serious coin involved.
I guess anything's possible. But considering all the problems in their trading platform, I tend to doubt they have the capability to predict crashes.
April 21, 2013, 02:22:34 PM
April 21, 2013, 02:22:10 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab and CoinSetter arrive, and before BitStamp gets bigger. Once there is more than one big exchange, DDoS of any one will have much less effect. Meanwhile the entire system grows stronger every time it is attacked, with the attackers being rewarded for their services in strengthening the system, effectively paving the way for further growth.
Without the attacks that have been occurring at a billion-dollar market cap, Bitcoin wouldn't be ready for the kinds of attacks that will come at ten and a hundred billion dollars.
Without the attacks that have been occurring at a billion-dollar market cap, Bitcoin wouldn't be ready for the kinds of attacks that will come at ten and a hundred billion dollars.
although i'm loosing probably a lot of fiat now with these attacks.. I agree with this totaly..
April 21, 2013, 02:20:05 PM
Stop whining and use another exchange already.
What other exchanges are there?!
Btce is infested with java exploit links and its based in russia. Could use Bitstamp but they might be overwhelmed and get their bank account shut just as it happened with bitfloor, bitcoin24.
Check out CampBX. Many funding options, even USPS money order by mail. They also seem to be in tune with [albeit vague existing] regulatory requirements so are less like to be randomly shut down than some of these fly-by-night new exchanges.
Low volume right now but I expect as the "new kid on the block" they will swallow up a lot of ex-Goxs and ex-Bitfloors.
April 21, 2013, 02:18:58 PM
Minirally going on? Bitstamp $115, Btc-E $109?
So I'm seeing gox falling to ~bitstamps $115.
So I'm seeing gox falling to ~bitstamps $115.
April 21, 2013, 02:18:11 PM
And exactly how safe would you feel with a sizeable balance sitting in a bank in Slovenia, waiting to trade ?
Bitstamp actually uses one of the larger italian banks, called UniCredit. but you are right, no bank in europe is actually "safe".
April 21, 2013, 02:15:08 PM
What kind of sell off do you think they are trying to prevent though? There have been quite a few ~BTC5k sell offs in the past few days that recovered fine
Well according to this the ones significantly above 5k. I don't know any exact figures but if you look at the volume of the flash crash from the top there must have been some serious coin involved.
April 21, 2013, 02:13:20 PM
And exactly how safe would you feel with a sizeable balance sitting in a bank in Slovenia, waiting to trade ?
Bitstamp actually uses one of the larger italian banks, called UniCredit. but you are right, no bank in europe is actually "safe". April 21, 2013, 02:11:26 PM
And exactly how safe would you feel with a sizeable balance sitting in a bank in Slovenia, waiting to trade ?
Bitstamp actually uses one of the larger italian banks, called UniCredit. but you are right, no bank in europe is actually "safe". April 21, 2013, 02:05:40 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab anf CoinSetter arrive. Once there is more than one big exchange, DDoS of any one will have much less effect.
Can't mention the DDOS scapegoat enough? They simply pull the plug if a selloff is on the horizon.
Nobody except the suckers who can't get out believes it any more.
They might have better tools of predicting that though.
A watchlist for the largest BTC holdings and when they log in?
I don't really like coming up with stuff they can potentially do, but just taking their word for granted isn't either for me.
What kind of sell off do you think they are trying to prevent though? There have been quite a few ~BTC5k sell offs in the past few days that recovered fine
April 21, 2013, 02:01:09 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab anf CoinSetter arrive. Once there is more than one big exchange, DDoS of any one will have much less effect.
Can't mention the DDOS scapegoat enough? They simply pull the plug if a selloff is on the horizon.
Nobody except the suckers who can't get out believes it any more.
They might have better tools of predicting that though.
A watchlist for the largest BTC holdings and when they log in?
I don't really like coming up with stuff they can potentially do, but just taking their word for granted isn't either for me.
April 21, 2013, 01:55:50 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab anf CoinSetter arrive. Once there is more than one big exchange, DDoS of any one will have much less effect.
Can't mention the DDOS scapegoat enough? They simply pull the plug if a selloff is on the horizon.
Nobody except the suckers who can't get out believes it any more.
April 21, 2013, 01:53:37 PM
And exactly how safe would you feel with a sizeable balance sitting in a bank in Slovenia, waiting to trade ?
Bitstamp actually uses one of the larger italian banks, called UniCredit. but you are right, no bank in europe is actually "safe". April 21, 2013, 01:30:27 PM
No wonder people don't want to buy on bitstamp right now, there's nothing for sale lol
April 21, 2013, 01:06:01 PM
Quote from: MtGox
April 21, 2013, 12:59:11 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab anf CoinSetter arrive. Once there is more than one big exchange, DDoS of any one will have much less effect.
Can't mention the DDOS scapegoat enough? They simply pull the plug if a selloff is on the horizon.
Nobody except the suckers who can't get out believes it any more.
April 21, 2013, 12:54:58 PM
Never a dull day at MtGox HQ. The DDoSers must be milking every last chance before the big exchanges at CoinLab and CoinSetter arrive, and before BitStamp gets bigger. Once there is more than one big exchange, DDoS of any one will have much less effect. Meanwhile the entire system grows stronger every time it is attacked, with the attackers being rewarded for their services in strengthening the system, effectively paving the way for further growth.
Without the attacks that have been occurring at a billion-dollar market cap, Bitcoin wouldn't be ready for the kinds of attacks that will come at ten and a hundred billion dollars.
Without the attacks that have been occurring at a billion-dollar market cap, Bitcoin wouldn't be ready for the kinds of attacks that will come at ten and a hundred billion dollars.
Jump to: