Personally i'm hedging at the moment because nobody knows for sure.
My current theory is that the recent price increase was people pricing in the reward cut that is happening in June. Therefore i don't expect a huge price rise this summer.

Long term i would still hold. Bitcoin adoptation is still growing, which should drive the price up a bit.

Short term i see a lot of sell pressure competing with some firm buy pressure from people still believing in a price increase. I can't tell which is stronger but the trend has been slightly downwards. If that breaks stop-losses we could see a short term dump. The current mempool problem (full blocks) could be the catalyst for a sell-off.

So 24 - 48 hours to go.
https://twitter.com/nejc_kodric/status/552615256452001792

Maybe not directly with cryptocurrency but if this is a result of a serverhack there is some real expertise nowadays. We need to consider those BTC lost but there is real experience with internet crime.

I would love to see where you get that information from. Bitstamp has been relatively open about their reserves for exactly this reason, consumer confidence.

And about the hacking again theory; if you own a boat that has a hole in it, you don't let it sink to the bottom, you plug the hole and move on. Finding and fixing the leak is exactly why they have suspended their systems.

From what i can read this only pertained to the BTC balance, not the USD balance.
On the other hand i don't think Pantera would have invested $10 million without a proper audit.

I don't think they are unbalanced at this stage even. So only when everyone starts to withdraw their BTC and fiat there might be a slight problem. I don't see this happening. If they reopen quickly and restore customer confidence trading will continue and may even get back to normal levels. Business as usual.

Thanks, thats exactly what i did do... 

A lesson learned from the whole Mt.Gox debacle is that they need to keep communicating. This doesn't seem to be a priority at the moment. I'm still wondering where that statement on coindesk came from. It isn't on their website or twitter. So how would customers know (apart from reading coindesk).

Having said that I don't think they'll go bust because of this. I've been using them since long before Mt.Gox started to slide and they've proven to be a reputable exchange.

Right, i did notice that. That statement hasn't been changed since this morning. The statement on the coindesk article is (according to coindesk) an official statement from the CEO of Bitstamp. My original question was where coindesk got this statement from. It has no source but does contain new information which i cannot find anywhere else. My guess is Coindesk has spoken with him at CES but if so that, imo, should be added to the article.

The 19000 BTC isn't even half of the volume that was traded per day the last couple of days. It is a big hit but i suppose it is recoverable.

I'm more worried about the wording in the statement where it states:

I don't think it should take days to copy and check their environment, why would it take this long?

And updates haven't been provided since this morning on either Twitter or their website. No source for the last statement on Coindesk. I'm worried we won't hear anything for a few days now. And that reminds me of Gox...

Impossible to login on their homepage, you can check that yourself :-)

No, that still has the old statement. The coindesk article contains a new one from Bitstamps CEO admitting the 19000 BTC are lost.

Who knows where this statement was made: http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack/

Seems to me those are the funds from the hot wallet: http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack/

On another note, where did this statement come from? Was it made directly to Coindesk at CES maybe?

So is this the hot wallet then?: https://blockchain.info/nl/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew

ETA later today. I sure hope so...
https://twitter.com/nejc_kodric

I'm not about to sue. That won't help anyone because the LLC would simply go out of business. Labrat has always been reasonable so i'm not sure what has happened. It would be nice to get some from of explanation.

So i'm not a big share holder here and i don't always follow this thread. It seems to me all investors bought shares in Labrat's LLC on the basis that he tries to run a profitable company. Please correct me if i'm wrong but now it seems we bought a number of mhs per share. To me that was never the idea. I'm not even going to start about tradeable shares but if all i wanted to buy was a static amount of hashing power i would have gone to cex.io. With an ever increasing hashrate (and therefore decreasing payouts) this investment doesn't make sense.

Well, that's a bit harsh. But they did receive a subpoena: http://www.reuters.com/article/2014/02/26/mtgox-subpoena-idUSL3N0LV0UZ20140226

Site was using Mt.Gox trading API it seems. As this is down their trading system won't work.