Post
Topic
Board Bitcoin Discussion
Re: <Off-topic>: Stress test is underway - Watch your fees.
by
russokai
on 10/09/2015, 20:02:06 UTC
thanks for the warning, OP.
I hate these stress tests. it doesn't even have any benefit for anyone.
I wonder how much BTC they will waste trying to create 1 month backlog...

The last I read, I think they stated they were planning on spending 200 BTC.

I have no idea if they will actually waste a full 200 BTC on their little stunt, or if that's just meant to be some sort of scare tactic.  I guess we'll see.

The network will go back to normal eventually...but could take days or weeks with lag in the system.  It is pretty serious situation.  I am going to sell some of my BTC and buy back lower as this is certainly going to hurt the price in the next few days/weeks.  We just had a big rebound and due for a pullback and this will push it off the cliff.