Quote:
Originally Posted by DWB
Ouch. This is a huge weakness in btc and will ultimately help lead to its failure unless they can prevent this from happening over and over and over again. A real investor with real money isn't going to mess with something that kids can manipulate every week. Something like this is exactly the sort of thing that can stop it from becoming used by everyone.
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here's the thing though, all markets are manipulated from the inside at one point or another and to some degree.
btc will never be immune to that, constant vigilance will be the norm.
nevertheless, it is a big problem right now, even dwolla was ddos'ed, at the same time too.
i can only assume that by denynig service at dwolla manipulated people's ability to move money into and out of their mtgox accounts.in a way the hackers wanted.