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Showing 20 of 26 results by sinx13
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Re: Is HUOBI about to blow up in our face?
by
sinx13
on 24/03/2014, 15:31:19 UTC
Why can't you check it by yourself? Try it through a proxy outside your internet area (means europe based proxy if you are in the usa)
and check their api is online on bitcoinwisdom.

It seems they updated their frontend.
Get real guys, this kind of FUD is stupid and it will effect your own rational behaviour when it comes to trading.
Everytime you trap yourself in such nonsense you will lose money with your next trades - nothing will make you lose
more money as fear.
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Topic
Board Service Discussion
Re: Is HUOBI about to blow up in our face?
by
sinx13
on 24/03/2014, 11:18:20 UTC
You'd think with a big exchange like that would be fully prepared for DDOS attacks, but instead this is the second time within the last months or so. Personally, I wouldn't trust to leave my money there and you wouldn't even know where it's gone!!

Even google and facebook had their downtime, 100% uptime is a myth and a sign you did not understood the the technology itself.
There is no way to proof a system or program is bug free - that it *is* impossible to determinate is the first and fundamental law
of the whole computer science and every information related science too.

That is btw the point you should consider to move your home when someone tells you that the computer system controlling the nuclear power plant next to
you is "100% safe and tested".
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Board Service Discussion
Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 20:07:51 UTC
@sinx13
Ok, I agree that does make sense indeed. But I have a hard time buying this whale version. I just cannot imagine someone panic-selling that crazy in a blink of an eye. Plus the version I read on some Chinese blog was a bit different involving high profile fraud using LTC derivatives. But maybe I am just mistaken, since I cannot tell how accurate Google Translate is working. One or the other way, nothing positive about something like this going down on a major exchange. I guess we can agree on that Wink

Well, my problem with the other versions as panic is that the point of that selling was very, very poor. The price was just starting to jump, then the news kicked in and he sold.
And it was not much! Look at the huobi ltc charts on 5m. We talk here about one big order but with under 60k coins. Sounds much but for ltc is not that awful much. Check bitcoinwisdom - it was a big but not unusual big volume at that time. Pretty normal for crash times. There are some persons on btc-e playing around with buy/sells of some 10k.

That 60k order hit the market AFTER that news, where already the first sell out wave had hit and people was removing buy order.
That and the fact huobi is/was still new in ltc was the reason for a light order book. Means there was not that much buy orders.
That light book was hit by the 60k sellout telling the API "sell for any price"... So he buyed out every damn order set IN THAT MOMENT.
Seconds after that, the bots and people set new buy orders in or they was just typing that orders and even not noticed it. That is
the instant rebounce. And of course people who buyed ltc for like 5 yuan because they had set some "lucky punch" orders was waiting
and selling then on the rebounce top. That was for sure the easiest money ever.

So, it looked spectacular and is for sure an event you will not have very often but its not that unusual.
We had the "102" guy on btc-e who buyed out too nearly the whole order book. There everyone assumed fat finger aka a typo.
There is also the "75" guy - he sold in the small crash in october as btc was 120+ a mass of coins for low.
Only weeks after it btc hit the $1000... bad luck.
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Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 18:10:17 UTC
Sorry, but thats just strange FUD... I was online as the 1 yuan bit was dropped watching the charts... It was a minute after the fake news was thrown. BTC-e was just rising again over 17 as it got hit, dropped fast as hell to 15. The huobi guy paniced and sold his whaloe block of 60k -100k . For that, he had to "buy" the whole buy orders out, which he did with the $1 yuan order.

But the block DID NOT got sold for 1 yuan, the majority of the coins was sold for normal prices, he only set the 1 yuan to get also the lower orders too because he thought it will go really bad down. What had happens when the fake news had become true. It was just the emergency sell of a paniced whale, and he lost for sure alot but not that much as people think because alot coins was sold for market price or a bit under - you know, the exchanges are trying to get the best deal automatically, you can't sell out of the market price of existing order. The benefit of a "high bit" is that you got served before a lower - even when someone sells all for 1.

I saw your bad experience with gox but you should clear your mind. Since gox there was already alot money to make, mainly with ltc - increased my asset by 35% and i was playing very safe..  When btc find its bottom - and there is a bottom, then it will rise again. Its normal, 2012 and 2013 was full of this kind of events and some "bad news" was even more worse in that time including a "lost all coins" from gox.

The big volume is absolut no secret - huobi has no fees as the china exchanges had before. As btcchina & okcoin added fees as answer to the china authorities
(mainly to make clear that they don't "lure" people to trade) huobi played it harder and did not added fees. That was the time as btcchina had problems with
adding money to their exchange too.That worked, the authorities did not focused on fees and alot people, mainly from btcchina moved to huobi.

The problem is that to much people think that volume means unique coins. That was never true, even not on the "normal" exchanges.
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Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 17:40:59 UTC
So... you very clear vision was all about sh*t ?

Hehe. Those events that are about to happen have nothing to do with the meaningless crypto circus. You really don't need any vision to come to the only possible conclusion that Huobi will be gone sooner or later. It's just a matter of time.

Thats true for all exchanges but there is nothing special about Huobi. The other chinese exchanges are weaker.
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Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 17:09:18 UTC
I wonder how there can be trading activity while the website is still down? Magic?  Grin

Thats called a trading API and it means that only the website frontend was not avaible on your part of the internet but the "site" itself was online.

Honestly, you should work on your vision power.
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Board Service Discussion
Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 17:07:37 UTC
From your other thread..

"t was last year at around the same day, when enlightenment literally hit me. I have seen the future. To be more precise, the whole history of mankind was shown to me. While it was like having visions back then (very clear once though), I also gathered valuable insights connected to what I saw. By now, it is becoming obvious to those who know that certain events are about to unfold. "

So... you very clear vision was all about sh*t ?
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Topic
Board Service Discussion
Re: Is HUOBI about to blow up in our face?
by
sinx13
on 23/03/2014, 15:28:45 UTC
Gox - sucks since its start with hacks, lost bitcoins, limited bank accounts and no one cared.
Huobi - down for some time at a weekend and people fear a sh*storm.

And some of you wonder why they lost money & coins.
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Topic
Board Service Discussion
Re: Blockchain.info Down
by
sinx13
on 17/03/2014, 22:21:45 UTC
So, you want me to believe that you have since 15 years a high traffic website which was online one time down...

You want us to believe you are running since 1998 a website with DB and you did not changed it since that?
No maintance, no upgrade?

You are running the same script without a change? Same layout?

Yeah sure...

Please troll somewhere else.

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Topic
Board Service Discussion
Re: What if BTC-e shuts down?
by
sinx13
on 28/02/2014, 17:24:51 UTC
What will happen to the bitcoin price of BTC-e shuts down without a warning, and run with your coins?

Who are you going to sue?
Nobody knows which individuals or corporation is behind that russian site.

The company(s) are known and registered at cyprus & england.
To know the owners will give you nothing except the company is a construct which
involves personal capital. Thats the sense to have a company: Its a legal entity.

But i agree: We need more transparency.
Even i do not care who operates/own the company who own btc-e.
I just need to know the company runs professional.

Hopefully we have in the near future a kind of audit - that would for example something
the bitcoin foundation would be good for. The exchanges pay the foundation a fee, they
make audits of the exchanges and control the hot/cold wallets and all.

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Topic
Board Service Discussion
Re: BTC-E is down again for 30mins already!!! Still down!!
by
sinx13
on 27/02/2014, 15:16:07 UTC
Its online again. Thats their cloudflare protection.

Depending on your home spot, you should get 1 or 2 proxies in different areas.

Like an asia & north america based proxy if you are in europe.

Cloudflare is a CDN. They will shut down only areas of their network when they see ddosing or something.
So, you often can reach btc-e when accessing it over a US based internet proxy when europe is delayed.
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Topic
Board Service Discussion
Re: Interview with Mark Karpeles on Wickedfire: Crisis Draft legit! (link inside)
by
sinx13
on 25/02/2014, 23:20:26 UTC
You have no idea what wickedfire is.
Thats one of the major forums for internet marketing.

The style there is a kind of ongoing joke. They call themself "gay admins".
They do it intentional to break the "i am a rich gangster" attitude of all that 16 internet kids who did their first internet million.

The admin there is a pretty successful guy. Do not let fool you.
You have for sure meet a project/website in the last month where the owners are part of wickedfire.
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Topic OP
Interview with Mark Karpeles on Wickedfire: Crisis Draft legit! (link inside)
by
sinx13
on 25/02/2014, 23:07:59 UTC
Read it here:

http://www.wickedfire.com/shooting-shit/179038-my-conversation-mark-karpeles-mtgox-2.html#post2164682

] Is that Crisis Strategy Draft even legit?
[11:04] more or less
[11:05] as the name suggests it's a draft, and it's a bunch of proposals to deal with the issue at hand, not things that are actually planned and/or done
[11:06] this said this document was not produced by MtGox

He did no say the coins are lost or stolen but they don't know where they are...
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Topic
Board Exchanges
Re: MtGox withdrawal delays [Gathering]
by
sinx13
on 25/02/2014, 13:14:27 UTC
Why in hell is this thread still open?

Gox is history, boys...
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Board Service Discussion
Re: RIP Gox - its now official dead and gone
by
sinx13
on 25/02/2014, 03:33:04 UTC
API is down and the website is removed (white screen), twitter account deleted...

They moved away in the same manner as they behaved before: As an incompetent bunch of losers.
No idea how they was able to manage that exchange so long.
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Topic OP
RIP Gox - its now official dead and gone
by
sinx13
on 25/02/2014, 03:14:01 UTC
If i see it right, this can be counted as an official statement...

http://blog.coinbase.com/post/77766809700/joint-statement-regarding-the-insolvency-of-mtgox
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Re: UPDATE: BTC-e suspended accounts and hacked accounts [Gathering]
by
sinx13
on 17/02/2014, 17:26:15 UTC
After i had some help from the moderators (and i had some REAL good contacts) my ticket got reopend
and i am now unsuspended after i verified my account.

That was some hell ride and the underlaying problem with their chat is still there.
That is such a good site and then such a trap.

For people without contacts and help from the community the way to an unsuspended account can be very, very long and hard.
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Board Service Discussion
Re: BTCE ACCOUNT HACKED:
by
sinx13
on 16/02/2014, 17:33:00 UTC
I got NOT hacked but suspended because i warned people and tried to ban the phishing site.

Not only the phishing site is still not URL banned or filtered from the btc-e chat, they also claim i did things which are proofable wrong.

Read here:

https://bitcointalk.org/index.php?topic=460138.msg5177807#msg5177807
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Re: UPDATE: BTC-e suspended accounts and hacked accounts [Gathering]
by
sinx13
on 16/02/2014, 17:08:13 UTC
Update:

Now the answer of the support was:

---------------------------------
Use https://btc.penek.org/chatlog/en

Ticket Details
Ticket ID: ASY-173-8****
Department: Account - banned
Type: Issue
Status: In Progress
Priority: Critical
---------------------------------

I wrote back a deeper explanation - also in the chat logs of their chat log i never did what the
support told me i did. Sigh.
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Re: UPDATE: BTC-e suspended accounts and hacked accounts [Gathering]
by
sinx13
on 16/02/2014, 14:12:19 UTC
Ok, now i am scared!

I got this reply to my ticket and the ticket was put under resolved??!

-------------------------------------------
"
Good afternoon, with your account in the chat was sending to a phishing site.

made over 500$ today by following signals from |link| and twitters Smiley
"
-------------------------------------------

The line who triggered the phishing filter was some complete different.
"@ALL: go here http://www.google.com/safebrowsing/report_phish/ and add http://predictcoin.info/ - send his shitty domain to malware limbo"

Or the support guy never read my ticket really, saw that i was markt with "link" and copied a standard answer out.
If they believe they can act like that as registered company in the EU then they are brain dead.