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I think there's a lot of people who bought in during the last week or two that really want it to turn out to be an "attack". I haven't seen any actual stats or
by pseudonym 13y ago
I think there's a lot of people who bought in during the last week or two that really want it to turn out to be an "attack". I haven't seen any actual stats or indication that that's actually the case, though.
Likewise, Mt. Gox made mention of "Being DDOS'd" at certain points, but I'm a little skeptical of the claim given that their own charts show a huge jump in trade volume at around the same time.
So no, there's no real "proof" yet of it being a DDOS or just lots of panicked traders, just lots of speculation (heh, heh).
- asperous 13y agoMost likely it is being ddossed... by people trying to sell, but that's just my opinion.
- krichman 13y agoThere were many, many transactions with amounts of 0.02 BTC. I think P(attack|0.02 BTC * n) > P(~attack|0.02 BTC * n). The reality is probably six of panic sale, half a dozen of DDOS.
- pseudonym 13y agoThe thing with small BTC transactions is that it's more likely to be someone trying to prop up the market, not someone trying to DDOS it. Every time the price starts to go down you start to see a lot of very small buy transactions at a round number a fair amount above the current sell price start going in. The only reason for them appears to be just to keep the displayed "last sale" price on MtGox high.