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Showing 8 of 8 results by acro1
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Board Beginners & Help
Re: MtGox is down again DO NOT PANIC!!
by
acro1
on 12/04/2013, 05:38:10 UTC
Isn't MtGox's official story was that the DDOS attacks are being perpetrated by traders trying to game the system by selling, then driving the price down due to the panic created as a result of the attacks, then buying again at an artificially low price before the currency recovers.  Are you guys really suggesting that the world's reserve banks are trying to kill bitcoin?

I'm simply saying things like this happen. I'm going to make a comparison, you may not agree but here it is.

1. When Libya was attacked and Gadaffi was taken out of power, did you know there was a new currency based on gold called the African dinar he was trying to implement throughout Africa? This currency was going to be the exchange currency for all goods, services and resources in Africa. What happened? He was murdered and a massive pile of gold in Libya dissapeared (44 + tons) 

2. Abraham Lincoln- Was trying to repeal the federal reserve act (assasinated)

3. J.F.K- Tried to repeal the federal reserve act (assasinated)

4. Before 9/11 afghanistan and iraq had no central bank, "now they do."

5. The only countries left in the world without central banks are, you guessed it (Iran and North Korea)

"they go after everything that's not centralized"  (and, in no way am i saying the countries listed above are good, I'm just showing the correlation)
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Board Beginners & Help
Re: Holy Shit! Bitcoin is tanking!
by
acro1
on 12/04/2013, 05:16:48 UTC
...and when mt. gox is open again, just listen to this:
http://www.youtube.com/watch?v=NG1qooBzE2w

That was great
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Board Beginners & Help
Re: MtGox is down again DO NOT PANIC!!
by
acro1
on 12/04/2013, 05:14:29 UTC
DECENTRALIZED EXCHANGE!

...and none of this would have happened.

Mt. Gox will never be fixed.  It's a fundamental flaw in architecture.

We need a decentralized exchange!


I definitely agree with the idea
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Board Beginners & Help
Re: MtGox is down again DO NOT PANIC!!
by
acro1
on 12/04/2013, 05:07:58 UTC
http://twitter.com/MtGox

33 minutes ago
Our developers are working on mitigating the Ddos attack.

1 hour ago
"We are experiencing a stronger than usual DDoS. We are working on it."

 Cheesy

They hate the BTC, but it will live on!

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Board Beginners & Help
Re: Holy Shit! Bitcoin is tanking!
by
acro1
on 12/04/2013, 04:52:33 UTC
Everyone relax!!! We knew this would happen. MtGox is under a massive Ddos. There are powers higher up who do not like the idea of a decentralized currency and will commit a number of attacks and manipulations to kill bitcoin, but they can't!!!! Not if everyone relaxes and understands how it works. YES, there will be a crash (which we saw yesterday) and it may continue, but I am certain the price will rise again!!

Bitcoin will be under attack for a long time to come and if everyone panics and does what the powers that be want us too (panic, sell and get out of the market forever because were scared) then their plan will work. But I know too many people who will not let this happen.

Do not sell right now!!! Keep mining and holding your coin, if it falls hard, buy!!!

They can try to stop the currency and manipulate it but bitcoin will be around another 100 years my friends!!!!!
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Board Beginners & Help
Re: MtGox is down again DO NOT PANIC!!
by
acro1
on 12/04/2013, 04:45:08 UTC

HAHA. YES, it will crash a bit, but it's going to recover if the original base doesn't give up on it. Central banks do not like bitcoin!! Well, we don't like central banks!!
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Board Beginners & Help
Topic OP
MtGox is down again DO NOT PANIC!!
by
acro1
on 12/04/2013, 04:38:44 UTC
Everyone, do not panic!! We all knew this would happen, it's not a surprise. So, relax, keep mining and watch what happens. MtGox is currently down and under a massive Ddos attack. Check out their twitter page for updates twitter.com/MtGox . There is a massive amount of people who have been getting into bitcoin lately (20,000 + per day) This would be tough for any website server to handle. Most websites can't even handle a single link from Drudge Report, bitcoin has had many lately. On top of that massive Ddos attacks are occuring, this is the powers that be trying to destroy it. They do not want ibitcoin involved with their money scheme. DO NOT GIVE UP ON IT!!!!
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Board Beginners & Help
Re: Introduce yourself :)
by
acro1
on 12/04/2013, 04:30:40 UTC
Hello!! I am Acro!! I mine, buy and sell bitcoin! I also use it for purchases. I love the idea of it and the current crash and Ddos attacks on GOX have not swayed my mind at all. The powers that be are trying to bring it down but we will not let this happen!!! Power to the miners!!!