The bitcoin haters - Page 2 - GoFuckYourself.com

OY · 04-10-2013, 11:03 AM

Go find out yourselves: http://www.bitcoin2013.com/location--travel.html

Dirty F · 04-10-2013, 11:06 AM

Mtgox loads fast again. Looks like the ddos might be over.

This seems to happen every week now.
This is a huge problem. If this keeps happening everybody will be afraid to buy again. It might kill the coin.

dyna mo · 04-10-2013, 11:18 AM

i don't understand how a coordinated ddos causes the price to fall, and fast. i would guess it would stall the price, no access means no exchanges, obviously i am wrong, anybody understand what is happening?

Verbal · 04-10-2013, 11:28 AM

DWB · 04-10-2013, 11:31 AM

Quote:

Originally Posted by Dirty F

Mtgox loads fast again. Looks like the ddos might be over.

This seems to happen every week now.
This is a huge problem. If this keeps happening everybody will be afraid to buy again. It might kill the coin.

Mtgox has said there is nothing that can be done about. So this will continue, over and over and over until people get tired of it or someone finds a solution. It's a brilliant move really, ddos them and make the price drop and buy more. Rinse and repeat.

Paul · 04-10-2013, 11:34 AM

Quote:

Originally Posted by - Jesus Christ -

Looks like a coordinated DDoS of the bitcoin forum and Gox.
It's been done multiple times in the past.

If that's the case I wouldn't be too worried about the drop in price.

Quote:

Originally Posted by Dirty F

Mtgox loads fast again. Looks like the ddos might be over.

This seems to happen every week now.

This is a huge problem. If this keeps happening everybody will be afraid to buy again

One of the biggest vulnerabilities of the system is having one website making most of the trades. There needs to be lots of decent sites for trading, I suppose there may be in time but in the mean time this will continue to happen.

Plus it might help if they actually announced on Facebook or via email that they are getting attacked.

MikeRoth · 04-10-2013, 11:37 AM

It was trading at $123 on BTC-E. Doesn't matter how many exchanges there are when everyone uses MTGOX as the basis for the price. BTC-E always trades lower than MTGox though.

dyna mo · 04-10-2013, 11:38 AM

Quote:

Originally Posted by DWB

Mtgox has said there is nothing that can be done about. So this will continue, over and over and over until people get tired of it or someone finds a solution. It's a brilliant move really, ddos them and make the price drop and buy more. Rinse and repeat.

i read they're working on a new site security system but it won't be ready until january.

Trafficlord · 04-10-2013, 11:42 AM

Ya ive looked into this. Its a scam most likely but.. Hey what do i know.

Dirty F · 04-10-2013, 11:43 AM

Quote:

Originally Posted by DWB

Mtgox has said there is nothing that can be done about. So this will continue, over and over and over until people get tired of it or someone finds a solution. It's a brilliant move really, ddos them and make the price drop and buy more. Rinse and repeat.

The only way to solve is is to have many trading sites. Right now Mtgox controls pretty much the whole market so they are an extremely easy target.
As long as this doesn't change i don't see much of a future for BTC.

MikeRoth · 04-10-2013, 11:49 AM

Got a feeling even if bitcoin wasn't in a bubble everyone is going to sell and abandon it anyway out of fear of losing more money. If not I'm ready to re-buy and ride it back up.

Dirty F · 04-10-2013, 11:58 AM

Quote:

Originally Posted by MikeRoth

Got a feeling even if bitcoin wasn't in a bubble everyone is going to sell and abandon it anyway out of fear of losing more money. If not I'm ready to re-buy and ride it back up.

This crash, even if it stops now, might have seriously harmed BTC.
There are a lot of people who can't handle this and don't want to see this happen again.
My guess it's the ddos attack as 2 weeks ago but it went too far. Too much panic selling and huge damage to the coin.

Just a wild guess.

seeandsee · 04-10-2013, 12:06 PM

I just mined 5 shitcoins in my toilet, anybody wants to exchange them with me for 10 bc?

Dirty F · 04-10-2013, 12:07 PM

Quote:

Originally Posted by seeandsee

I just mined 5 shitcoins in my toilet, anybody wants to exchange them with me for 10 bc?

It must really hurt that even after a massive crash each coin is still worth more than you make in a week.
I can see why you are so upset.

Webmaster Advertising · 04-10-2013, 12:09 PM

Quote:

Originally Posted by Dirty F

This crash, even if it stops now, might have seriously harmed BTC.
There are a lot of people who can't handle this and don't want to see this happen again.
My guess it's the ddos attack as 2 weeks ago but it went too far. Too much panic selling and huge damage to the coin.

Just a wild guess.

If true, and the downward trend stops, would be the perfect time to buy in again.

We now know (at least) if this is the end of its uptrend that they can reach a value of $260.

Looking at it from a stock market perspective if nothing else, when DAL filed chapter 11 their stock price dropped to pennies, look where they are at now.

Dirty F · 04-10-2013, 12:15 PM

Quote:

Originally Posted by Webmaster Advertising

If true, and the downward trend stops, would be the perfect time to buy in again.

We now know (at least) if this is the end of its uptrend that they can reach a value of $260.

Looking at it from a stock market perspective if nothing else, when DAL filed chapter 11 their stock price dropped to pennies, look where they are at now.

I would think that way but how many people with just a few bucks to invest will think this way after what happened today?

dyna mo · 04-10-2013, 12:18 PM

Quote:

Originally Posted by Dirty F

I would think that way but how many people with just a few bucks to invest will think this way after what happened today?

folks have short memories, + the next bubble will bring in new people, the clue i am looking for re: maximum penetration is when my parents ask me about it, i'll know then to sell.

Slappin Fish · 04-10-2013, 12:24 PM

Quote:

Originally Posted by Dirty F

I would think that way but how many people with just a few bucks to invest will think this way after what happened today?

Those who bought low will probably just see this as an opportunity to buy more.

But for those who took a position in the last couple of days for sure they will be shaken unless it recovers very quickly.

PornMD · 04-10-2013, 12:27 PM

http://bitcoinity.org/markets?curren...exchange=mtgox

Lol funny to see all those lagged buy orders come in while people are selling at $120 or less. Yep, just the kind of secure investment to get into.

I'll stick with domains tyvm.

Webmaster Advertising · 04-10-2013, 12:28 PM

Quote:

Originally Posted by Dirty F

I would think that way but how many people with just a few bucks to invest will think this way after what happened today?

99.99% of GFY'ers now they can actually afford to buy 1 or 2 coins ;)

MainstreamGuy · 04-10-2013, 12:28 PM

Only a big idiot could not see this coming...

Just check my previous messages, You boy can't say I didn't warn you.

- Jesus Christ - · 04-10-2013, 12:38 PM

Quote:

Originally Posted by MainstreamGuy

Only a big idiot could not see this coming...

Just check my previous messages, You boy can't say I didn't warn you.

The fact that you think shouting "bubble" over and over again makes you some kind of market genius is just silly.

MikeRoth · 04-10-2013, 12:46 PM

Quote:

Originally Posted by MainstreamGuy

Only a big idiot could not see this coming...

Just check my previous messages, You boy can't say I didn't warn you.

Bubble or not everyone made a 50% or more profit. Unless you're still holding for some ungodly reason.

Dirty F · 04-10-2013, 12:56 PM

Quote:

Originally Posted by MikeRoth

Bubble or not everyone made a 50% or more profit. Unless you're still holding for some ungodly reason.

If i had more than 1 coin i still wouldn't be selling now.

Supz · 04-10-2013, 01:00 PM

Quote:

Originally Posted by MikeRoth

Bubble or not everyone made a 50% or more profit. Unless you're still holding for some ungodly reason.

or if they purchased in the last 3 days.,

NiXXiN · 04-10-2013, 01:05 PM

The botnets that mine millions of $$$ of bitcoins are the same ones that ddos the market hence you see spread out large sales before the incoming attack to spook everyone in selling. Then they will buy back much much lower and do it all over again, hence bringing confidence back with the market orders.

Dirty F · 04-10-2013, 01:08 PM

Quote:

Originally Posted by NiXXiN

The botnets that mine millions of $$$ of bitcoins are the same ones that ddos the market hence you see spread out large sales before the incoming attack to spook everyone in selling. Then they will buy back much much lower and do it all over again, hence bringing confidence back with the market orders.

But how many times will this happen before they completely kill the coin.

NiXXiN · 04-10-2013, 01:09 PM

Quote:

Originally Posted by Dirty F

This crash, even if it stops now, might have seriously harmed BTC.
There are a lot of people who can't handle this and don't want to see this happen again.
My guess it's the ddos attack as 2 weeks ago but it went too far. Too much panic selling and huge damage to the coin.

Just a wild guess.

Yes and no, when it bounces back it shows strength every time, it can be a healthy sign that plenty still support it

BlackCrayon · 04-10-2013, 01:12 PM

Quote:

Originally Posted by NiXXiN

The botnets that mine millions of $$$ of bitcoins are the same ones that ddos the market hence you see spread out large sales before the incoming attack to spook everyone in selling. Then they will buy back much much lower and do it all over again, hence bringing confidence back with the market orders.

these people need to be cut out of the equation somehow otherwise you could say bitcoin lives and dies by these criminals.

NiXXiN · 04-10-2013, 01:13 PM

Quote:

Originally Posted by Dirty F

But how many times will this happen before they completely kill the coin.

Yeh we'll mtgox need to get there faces slapped and change technologies, host in the cloud or take other precautions when faced with a ddos attack. I'm excited it back this low. I think a few people will stop mining and leave the others with more resources.

MikeRoth · 04-10-2013, 01:24 PM

If bitcoin price drops these ASIC miners are in for a bad time. That $800/day mining would now be $400 day.

MikeRoth · 04-10-2013, 01:46 PM

Well I bought back in at $158, Let's see how this goes.

Dirty F · 04-10-2013, 01:48 PM

Welll done. This was a great time to buy. You are already making profit. You just made a few haters cry most likely

MikeRoth · 04-10-2013, 01:49 PM

I'm also still holding my LTC that I picked up at $2.70

spiederman · 04-10-2013, 01:49 PM

Quote:

Originally Posted by MikeRoth

Well I bought back in at $158, Let's see how this goes.

29$ profit per BTC according to BTC-E

Supz · 04-10-2013, 01:52 PM

Quote:

Originally Posted by NiXXiN

The botnets that mine millions of $$$ of bitcoins are the same ones that ddos the market hence you see spread out large sales before the incoming attack to spook everyone in selling. Then they will buy back much much lower and do it all over again, hence bringing confidence back with the market orders.

That sounds like something real stable that I want to invest in. Where russian botnets are the market makers.

04-10-2013, 11:03 AM	#51
OY Industry Pioneer Industry Role: Join Date: Oct 2002 Location: USA/EU/ASIA Posts: 5,401	Go find out yourselves: http://www.bitcoin2013.com/location--travel.html __________________ Around since 1997, and the company that introduced "Cascading Billing" in MPA3® Affiliate Management and Tracking Software Outsourcing With A Norwegian Twist - NordBits - Inquire within!

04-10-2013, 11:37 AM	#57
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	It was trading at $123 on BTC-E. Doesn't matter how many exchanges there are when everyone uses MTGOX as the basis for the price. BTC-E always trades lower than MTGox though. __________________ ICQ: 64995031

04-10-2013, 11:42 AM	#59
Trafficlord Confirmed User Industry Role: Join Date: Aug 2012 Location: Texas Posts: 144	Ya ive looked into this. Its a scam most likely but.. Hey what do i know. __________________ http://tastysplayroom.com Site/domain for sale Affordable Adult And Mainstream Traffic [email protected]

04-10-2013, 11:49 AM	#61
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	Got a feeling even if bitcoin wasn't in a bubble everyone is going to sell and abandon it anyway out of fear of losing more money. If not I'm ready to re-buy and ride it back up. __________________ ICQ: 64995031

04-10-2013, 12:06 PM	#63
seeandsee Check SIG! Industry Role: Join Date: Mar 2006 Location: Europe (Skype: gojkoas) Posts: 50,945	I just mined 5 shitcoins in my toilet, anybody wants to exchange them with me for 10 bc? __________________ BUY MY SIG - 50$/Year Contact here

04-10-2013, 11:06 AM	#52
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Mtgox loads fast again. Looks like the ddos might be over. This seems to happen every week now. This is a huge problem. If this keeps happening everybody will be afraid to buy again. It might kill the coin.

04-10-2013, 11:18 AM	#53
dyna mo The People's Post Industry Role: Join Date: Dec 2008 Location: invisible 7-11 Posts: 64,270	i don't understand how a coordinated ddos causes the price to fall, and fast. i would guess it would stall the price, no access means no exchanges, obviously i am wrong, anybody understand what is happening?

04-10-2013, 11:28 AM	#54
Verbal Confirmed User Join Date: Dec 2001 Location: Tampa, FL Posts: 3,420

04-10-2013, 12:27 PM	#69
PornMD Mainstream Businessman Industry Role: Join Date: Jan 2007 Location: San Diego Posts: 9,291	http://bitcoinity.org/markets?curren...exchange=mtgox Lol funny to see all those lagged buy orders come in while people are selling at $120 or less. Yep, just the kind of secure investment to get into. I'll stick with domains tyvm. __________________ Want to crush it in mainstream with Facebook ads? Hit me up. Last edited by PornMD; 04-10-2013 at 12:29 PM..

04-10-2013, 12:28 PM	#71
MainstreamGuy So Fucking Banned Industry Role: Join Date: Oct 2011 Posts: 477	Only a big idiot could not see this coming... Just check my previous messages, You boy can't say I didn't warn you.

04-10-2013, 01:05 PM	#76
NiXXiN Confirmed User Industry Role: Join Date: Apr 2012 Location: Canada Posts: 470	The botnets that mine millions of $$$ of bitcoins are the same ones that ddos the market hence you see spread out large sales before the incoming attack to spook everyone in selling. Then they will buy back much much lower and do it all over again, hence bringing confidence back with the market orders. __________________ _______________________________________________ Onliance Resident Ginger \| RBC Member \| AppDev. Irc.Rizon.net #GFY

04-10-2013, 01:24 PM	#81
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	If bitcoin price drops these ASIC miners are in for a bad time. That $800/day mining would now be $400 day. __________________ ICQ: 64995031

04-10-2013, 01:46 PM	#82
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	Well I bought back in at $158, Let's see how this goes. __________________ ICQ: 64995031

04-10-2013, 01:48 PM	#83
Dirty F Too lazy to set a custom title Industry Role: Join Date: Jul 2001 Posts: 59,204	Welll done. This was a great time to buy. You are already making profit. You just made a few haters cry most likely

04-10-2013, 01:49 PM	#84
MikeRoth Confirmed User Industry Role: Join Date: Jan 2011 Location: Washington DC Posts: 361	I'm also still holding my LTC that I picked up at $2.70 __________________ ICQ: 64995031