Post
Topic
Board Speculation
Re: Bear Market take 2: red candles STILL haunt my dreams.....
by
vokain
on 12/02/2014, 06:21:12 UTC
Disclosure: I am SHORT BTC

We are crawling down, but not without a fight. So many people don't give up the chance to get "cheap coins"

I find the knife catching quick and hard. Cats bounce as high as where they were dropped.

I don't blame them though. I have no doubt that when this bear run is over, and the community gets some technicals sorted out, we really will start to head towards that moon.


Disclosure:

If you are short Bitcoins, despite how well your trade performs, there is a good chance of the exchange you are shorting on (Bitfinex/BTC-e) going down and taking all your capital with it.

It seems that this protocol issue 'unique to MtGox, has 'spread'. Bitstamp and BTC-e are now 'affected'. I say that there is going to be one hell of a shit-storm ahead and a lot of people are going to be much poorer one way or the other by the end of it.

If you are wrong will you quit posting forever?
Smiley
We already block most forms which can be blocked, this was a change in bitcoin 0.8 (that was, in fact, causing withdraws delays for mtgox because they produced transactions with invalid encoding).

The recent flood of transactions use a pushdata change. A patch to block it was written in September 2013, but didn't make it into the codebase until today. If your node is running git bitcoin, just update and you'll have it.