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Isn't It Ironic: Mt.Gox Hacker Demands Ransom From Exchange Users To Not Reveal Their Personal Data
The bankruptcy of the once largest Bitcoin exchange may be history, but now the real drama begins.
First, over the weekend, allegations surfaced that not the whole truth may have been revealed during the heartfelt announcement by Mt. Gox CEO, Mark Karpeles, who claimed that $400 million in Bitcoin were stolen by hackers. As Forbes reported, hackers took over the Reddit account and personal blog of Mark Karpeles, to reveal that the exchange he ran had actually kept at least some of the bitcoins that the company had said were stolen from users.
"It’s time that MTGOX got the bitcoin communities wrath instead of [the] Bitcoin Community getting Goxed,” wrote the unidentified hackers, referring to the multiple occasions over its three year history when Mt. Gox has gone offline, delayed trades or suspended withdrawals, events so common that Bitcoin users coined the phrase to be “goxed”–to suffer from Mt. Gox’s technical glitches.
In addition to merely allege, however, the hackers provided proof:
The hackers also posted a 716 megabyte file to Karpeles’ personal website that they said comprised stolen data from Mt. Gox’s servers. It appears to include an Excel spreadsheet of over a million trades, a file that purports to show the company’s balances in eighteen difference currencies, the backoffice application for some sort of administrative access to the databases of Mt. Gox’s parent company Tibanne Limited, a screenshot of the hackers’ access to those databases, a list of Mark Karpeles’ home addresses and Karpeles’ personal CV.
In the hackers’ summary of Mt. Gox’s balances in various currencies, they point to a claimed balance of 951,116 bitcoins, which they take as evidence that Mark Karpeles’ claim to have lost users’ digital currency to hackers is fraudulent. “That fat fuck has been lying!!” a note in the file reads.
It remains unclear at this early stage in the MtGox bankruptcy if indeed Karpeles ended up Madoffing some or all of the Bitcoin entrusted to him: Forbes notes that "the Bitcoin community has been puzzled by the apparent lack of movement of Mt. Gox’s bitcoins since the company declared bankruptcy last month. Despite stating that it lost 850,000 bitcoins in total in its bankruptcy filing, Bitcoin experts haven’t seen the movement of those coins in the Bitcoin blockchain, the public ledger of transactions that prevents fraud and forgery in the Bitcoin economy."
But second, and far more important, "a user on the BitcoinTalk forum posted a message–since deleted by the forum’s moderators–claiming to be offering for sale a 20 gigabyte stolen database from Mt. Gox, including the personal details of all its users and even scans of their passports. “This document will never be elsewhere published by us,” wrote the user, who went by the name nanashi____. “Selling it one or two times to make up personal loses from gox closure.” The hacker asked for a price of 100 bitcoins for the database, about $63,600 at current exchange rates."
An updated announcement by user "nanashi" can be found in the following pastebin, in which he explains just how much it will cost naive Bitcoin traders to retain their anonymity. The price to put this entire gruesome episide behind them: 0.25 bitcoin, or a little over $150.
Mt. Gox database sale: steps to remove yourself from dump before sales.
Most around here know we are selling gox customer info. Many have contact us requesting to pay to have their data removed before we sell. We are doing this for a cost of 0.25 BTC per person removed. We have already sold and release 20% of data to 2 buyers, so if you are apart of that it's too late for you.
We are release the rest of this data to our buyers sometime this week, so after that happens it is too late for everyone who has not been removed already.
1) Email nanashi___@freemail.hu with the email you used with mtgox.
2) I will check file already sold, if you are not part of that I will send you unique bitcoin address. If you don't get response it means your data has already been sold in first batch or we have finalized sale of all data.
3) After you have sent .25 bitcoin payment, email us again to inform us of this.
4) Thats all, we will delete your personal data and passport scan from all copies of database.
DO NOT email asking to do this for cheaper unless you are doing 10+ accounts at once. Also do not email us asking to confirm what information we have about you. If gox had it, we have it, and as you can read on boards we have confirmed possession of this dump for many people. We let you use our same email for this as all other gox hack communication so you know we are same people. Doing this things will cause us to ignore all further message from you.
nanashi
And to think - the whole point of Bitcoin once upon a time (long, long ago) was to preserve the anonymity of the users... Oh, and the "money" was safe and unhackable...
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It's a better place with him gone.
Was I talking to you, fuckface?
It will be a better place with YOU gone you waste of digital skin.
Oh man, you've got everyone here going. What a hilarious thread this one is.
The answer is right in front of everyone's eyes yet so far out of reach. All they have to do is ignore you, so simple.
I've figured out your MO, you just keep replying to every single comment, every time and it riles people. Hahahaha, fucking laugh. Mind you cunt, if you reply to this it'll make me mad and I'm liable to get dragged into this as well. Don't do it cunt. Get away from that keyboard cunt, do NOT.
So is it right you never say fuck? Never swear? Mmmm, that's curious.
Just shut up and always..
BUY BITCOIN!!!
fonz
+100.
Vlad is a great dictator and all but he's not our dictator. Obama is our dictator. You can't love someone else's dicator more than your own. It's just not right.
It's sort of like wanting to jump from the frying pan into the fire. You can bet that Putin has no more love for you than he does the average Ivan.
I can't speak for everyone, but I root for Putin only in the context of his superb ability to constantly fuck with the elites agenda in this country. I also respect the man for his tenacity and street smarts in the global arena, but Fan Club? ya...no. I'm in no hurry to immigrate to Russia and inhabit the cell across from pussy riot (sharing one on the other hand...)
It is like he is our only hope....because we will not stand up for ourselves (yet).
Don't think he has been banned. He chose harakiri instead.
I don't remember any racism from akak. Certainly nothing like Francis.
i rather get 3% a year stolen, at least you have a chance to prepare yourself if you're smart.
that's more out in the open than Bitcoin.
Yeah, it's a good thing Gox decided to have scans of everyone's passport and other identifying information all by themselves, and not because any government forced them to do so or else they would be seized or shut down or anything like that.
This. +1. Gox got a tap on the shoulder. They were too incompetent to actually handle the Anti-Money Laundering and Know Your Customer info but were forced to handle it nevertheless.
Real criminals use fake/stolen identity documents anyways.
This is exactly what libertarians believe in, idiot.
Mt Gox failed. A small failure on the scale of things.
It affected a few thousand maybe hundred thousand people. This is a free market. A lot of small destructive bad actors, that eventually results in something better coming out. There was no coercion to use bitcoin. There was no coercion to use Mt Gox (you could transact BTC for goods straight up, instead of using an exchange middleman).
When the centralized Fed fails, BILLIONS will be affected.
http://www.bbc.com/news/technology-26538378
Not so much any more. NY regulator plans on regulated Bitcoin exchanges.
yeah...low dollar amounts (five bucks) and short time frames ("I'm getting my coffee and bagel right now") seems like the safety trade here.
Nice to see you National Blessing!
and you never sold at a loss, and you always sold at the top, yeah, yeah, heard it all before..
fonestar never sold Bitcoin for dollars. Only for Dextromethorphan-Hydrobromide, Tryptamine, 2CB, Salvia Divinorum and quaaludes (back in the old Silk Road dayz).
foneystar is just now realizing he's not the smartest guy in the room. I'd be nervous if I were him.
Oh yeah and how is that moron?
Full marks for persistence and trying dude, fuck all for honesty and integrity but full marks for trying...
Have to give you that...
There's no honesty and integrity in this virtual world. fonestar is running in this game!
You are running and getting virtually nowhere.
PHONEYSTAR would not even be the smartest guy in a cardboard box.
Here he is, pops up. Hahahaha, oh mate, you've got everyone wrapped around your little finger.
SHHHIITTTTTTTT. Now I'm responding to you. Now I'm starting to feel the hate, it only took two posts and I'm gunna start ranting about fonystar, fonycunt, phonefuck, fuckfone, fuckyfone, cuntyfone, pissfacefuckfone . . . . . .
We soon will know (and a bit more). :D ;)
moron is your father, now, tell us what else you never used, douchy?
fonestar used everything. Lots of it.
Dear TYLERs. Can you please institute a 'DAILY POST LIMIT'.............
Either that or FS will be the last one here and he can turn the lights out.
No.
Here he is, pops up. <shakes head furiously> . . . .<ignore him> . . . . <can't, there;s something about him> . . . . . .<getting trapped> . . . . . <must respond> . . . . . . .
Who would have sent in passport and personal information for anonymous currency ? LOL !
Good riddance, money destroyers, any electronic money
leads to the despicable path of a cashless society and that is all the psychopath`s dreams and not the only first broken
electronic window that calls for total demolition of said totalitarian structures.
Bit that coin.
"I know not with what weapons World War III will be fought, but World War IV will be fought with sticks and stones.” - Albert Einstein
Same thing happens with "advanced" paper / electronic / virtual money systems, they eventually come crashing down, people lose everything, and are frightened back to physical commodity money they can hold in their hand, more or less starting over again, then the cycle repeats, subsequent generations get complacent, want more convenience, and bankers start up the next round of convenient paper / electronic / virtual money.
Paper / electronic / virtual money is a bad concept because it's too easy for bankers (and governments) to abuse.
"Gold is money, everything else is credit." - JP Morgan
I haven't ever + or - you, just noticed your obnoxious recent ubiquity.
That said... i hope for BitCoin @ about $10 soon; then I'm down for a hundred.
Yeah, sort of like how I want silver at fifty cents.
There are about a hundred septillion bargain hunting transactions between you and $10 bitcoin. If something happens to the fundamentals to drive it that low without people wanting to buy it up, then you probably won't want it.
More likely BTC will continue to be accepted at more and more online portals until it reaches universal acceptance in that realm, and it starts bleeding over into face to face payments.
If internet payment moves to bitcoin, the price will move to five digits at least.
Why dont you tell us who you use? So that we may correctly label you a moron on THAT day.
Reasons that 49% of a dollar bill is better to invest in than cryptocurrency:
1)One is physical; The other exists in a hypothetical state, represented by ones and zeros, which themselves are only abstract representations of a way to visualize a quantity.
2)You dont need the internet to be up and running to pull a worthless piece of paper out of your pocket.
3)One you can burn for heat; One you can tell people, in a hipster-ish fashion, that you have some.
4)One you can write a note on, and pass to another person for them to physically hold and read; the other is nothing.
"Each one is worth......"
It's only worth something if you can sell them.
You can move one accross borders without risk of seizure or needing to declare it.
And just because something is digital doesn't make it worthless. That is like saying that software or content is worthless. If something happens that wipes out the internet AND all the hard drives containing the blockchain, then humaity is dead anyways, because we got hit by a massive meteor or the sun exploded. Bitcoins can't "just vanish" as if they were an entery on your hard drive. They are an entery on a MILLION hard drives--hard drives that a lot of people have a lot of interest in their continuing function. Many aren't even connected to the internet.
Bitcoin is nearly as hard as gold to destroy, and about as hard as humanity.
I will bet REAL COINS (i.e gold/silver) that Mt. Gox will be the first of many digital currency exchanges to be Corzined & then have follow-up consequences such as this.
Trusting personal information to digital honey pots with their plethora of promises of "security," "anonymity," and "privacy" is the height of NAIVETY.
And the fact that these crypto-currencies are marketed towards many engaged in illegal activities is, in and of itself, a ripe recipe for blackmail.
IF YOU DON'T HOLD IT YOU DON'T OWN IT.
Physical possession is 9/10ths of the law and 10/10ths of economic reality.
If your definition of "real" is relegated to things you can touch, you are a simple-minded idiot. If you enjoy arguing with those types of people, um...
Fonestar, the ever effervescent snake oil, crypto-currency carnival barker.
Where's Satoshi
Where's Satoshi
We don't know
We don't know
He's probably on some Island
Drinking Pina Coladas
Ding, dong, ding
Ding, dong, ding
Speaking of snake oil...
http://www.cryptocoinsnews.com/2014/03/03/exclusive-tibanne-co-ltd-sente...
"crypto-currency carnival barker" LOL! I think that about sums it up. I'm still somewhere in the middle on BTC and think it can be complementary for transactions. You're not over the target if you're not taking flak as they say, but I'm fucking tired of the maniacal BTC cult. If we could just dump a couple billion into silver and clear out the phyical instead of it being siphoned off, maybe we could hurry up the end game.
The Bitcoin cult is just getting started. We would take 2CB, sing songs of Satoshi and remember visions of Guyana.
"crypto-currency carnival barker" LOL! I think that about sums it up. I'm still somewhere in the middle on BTC and think it can be complementary for transactions. You're not over the target if you're not taking flak as they say, but I'm fucking tired of the maniacal BTC cult. If we could just dump a couple billion into silver and clear out the phyical instead of it being siphoned off, maybe we could hurry up the end game.
If we could just dump a couple billion into silver and clear out the phyical...
Don't think it hasn't been thought of before. Ever hear of the Hunts and Sunshine Mining?
It set the Hunts back a few years of earnings back in the 80s. There are some forces even bigger than some egos. Not that I wouldn't have liked to have seen it happen.
jmo.
Ya the gov'ment would never confiscate physical property right?
ah, for the record there was no real confiscation in 1933...its just that some were dumb enough to actually comply woth the banker controlled government request....many said "fuck off" just like real money holders would do today...and on top of that we all got GUNS.....
next straw man.....
IF YOU HOLD IT, YOU CAN HAND IT OVER TO TSA AT THE AIRPORT MUCH MORE EASILY. Convenience is everything.
Don't bring whatever you *may* have left over from what was lost in unfortunate boating accidents to the airport.
So you leave it at the bottom of a lake to which you can never return?
Just googled "Bitcoin price". It says $640.
The story of Jewish merchants in 1930s Germany is educational. Many parked money in Swiss accounts, knowing their gold holdings in Germany would be grabbed. The Germans forged letters to those banks asking that the money be sent to the person's German bank.
The Swiss knew what was happening, but there they were, with a letter in their hand asking for a legitimate bank transfer. They replied that they required the bank acct number be included in any such request. The Jew resisted and sometimes refused to provide it, numbers were short and easily remembered then, like a phone number. The Germans sent SS officers to Zurich and asked to DEPOSIT money into the gentleman's account. Naturally the teller could not suspect any problem with a deposit, so she (usually she, and the officers were selected to be handsome) took the money and made the deposit and provided a receipt, with the acct number on it.
Make no mistake on this. An anonymous way to move money is hugely valuable.
"Make no mistake on this. An anonymous way to move money is hugely valuable."
I agree.
Those who got (and are getting further) Gox'd NOW know this better than anyone, via a lesson learned through some very bloody noses.
Just don't go to the airport. Don't participate.
I'll pass on the info, too much information is a bad thing.
Its a highly encrypted currency ya know, nothing could possibly go wrong with this "investment" ;-)
Things will go wrong if you are about as bright as the average poster on Zerohedge.
here boy.....fetch.....the bone.....yes fetch bonestar
You people would get hacked or lose your c0inz. fonestar has never been hacked.
nintendo doesn't get hacked
What are you talking about? There's been tons of ROM hAkZ available for Nintendo for years now.
Your brains have been hacked. Ratsenof sees your soul.
We'll store your crypto and hashtag..unbreakable...totally secure...completely anonymous...
And poof...it's gone...
p.s. - Pay us ransom or we'll blackmail you now, too.
p.s.x2 - Fonestar really is a vagina douchebag pussy, in addition to being a snake oil carnival barker for crypto-currency fraud.
Yo PHONEYSTAR, why would anyone believe anything you say with your attitude to posters, your probably just full of bitcoins.
fonestar has been on here trolling for Bitcoin since < $50 Bitcoin. fonestar's rightousness is a historical factoid.
"rightousness"
You are such a delusional shitwitted pusbag attentionseeker! MO: Slag off/ piss off EVERYONE; get everyone fighting you.
No wonder so many want you to fuck off back to Yahooville.
Everyone just could ignore him. It takes less effort and will have the desired result.
Or as bright as the dum-drums that bought bitcoin instead of g0ld.
Why are you going out of your way to insult everyone here? Just because you were born an asshole, doesn't mean you have to continue being one all your life, ya know.
If I had an ammo box full of 1 oz. Kruggerands I bought at $300 each that was stolen last week. Could I say gold was a bad investment? Whatever your answer is should apply to bitcoin as well.
So far nothing went wrong with it - a bad exchange went down, good riddance. People who trusted those guys got burned, tough luck. Bitcoin itself still works as advertised.
Bitcoin is garbage. Just keep stacking gold at $2000. I mean $1925. I mean $1850. I mean $1700. I mean $1550. I mean $1425. Uhh......
Your brains are garbage. fonestar has been all up in Bitcoin since $16.
so you gotcha some momo.....what's all the bravado about, you boned some luck.....whooppeee
Buddy of mine who literally grew up on the floor of the Chicago BoT told me long ago that real traders never talk about their wins or losses. To do so invites disaster.
especially after kissing your momo........
PHONEYSTAR just makes things up......yawn....
beeeeeecause I don't buy gold often, but when I do, i sell everything and buy all of it at the top ($2000)? And buying more gold at a cheaper price is a baaaaaaaaaaaaaad thing. Rather buy stocks at the ATFH!!!!!!!
I bought gas at $1.45...oh wait $1.79... i mean $2.39 i mean $2.89 I mean 3.29 I mean $3.79 I mean $4.05 (price I saw this morning).
don't get your point?
Oh wait, sorry I get it, inflation good. price going up good. Lower purchasing power good. Acquire real assets baaaad. Savings bad. Japan good! Switzerland bad! Centralized police state good! Liberty baad!
Just a matter of time untill these other peice of shit exchanges get hacked.. Tell me again why arnt the tbtf getting hacked?
They don't publicize it. CONfidence games require people not knowing. Mt Gox was no more secure than Target..... Don't see the chicken littles crying about that now do we.
Would be OK with me, since I dug my coins.
Regulation.
Legislation.
Being held responsible by courts, if standards are not met.
All evil things for Libertarians, therefore they love Bitcoin and Mt. Gox... Uuups!
Akak apparently has been banned. http://www.zerohedge.com/users/akak
Good. Screw that guy and screw you too Rand!
Go fuck yourself Chinabot.
fonestar, do you think you're immune to getting banned? Serious question.
Can't speak for Fonestar, but I don't give a fuck. If I'm going to be banned for posting the truth as I see it and speaking my mind, I want nothing to do with this site.
I think fonestar mentioned about someone trying to take control of his account some days ago.
It was satoshi stealing his btc "wallet."
Gaystar should be banned for the copious spamming of every thread with his btc bullshit.
fuck yourself and your spamming every thread with gold.
No, wait a minute. TIS made a great point. Two can play this game fonestar. If enough ZH members started reporting every asshole post you make, like what you and vd are so proud of, you think it would go well for you? A lot of us contribute to ZH so we'll see if money talks and bullshit "walks".
PHONEYSTAR's true character is coming out now....complete drop kick.
No. He asked Tyler to delete his account (a week or so ago). He didn't appreciate being disagreed with by a bunch of down-voters.
i-dog, what about JOYFUL? Was his exile forced or voluntary?
It was forced ... but, like Francis and the SatoshiNNN, he liked to push it to the limit. He did it off-line with me, too.
I have often criticised 'Tyler' directly on here, for specific reasons, but I don't bad-mouth 'him'. I often mention the Khazars, Jesuits and Sabbateans and their direct link, but I only get deleted rather than banned, because I don't go racist. Only the facts, man.
[Edit:] Deleted
dog, if you still converse with J, please tell him "what's up dood" for me. hope his sheep & horses are doing well.
I terminated discussion with him...but that was after I had already given him the means to keep his sheep, horses and dogs well. I do hope he's OK.
yeah me too. dood has a big heart, almost too big for his own good. a shame that we live in a world where that is the case.
best to you dog, as always. glad you're still around muckin it up.
Shame. Miss the good days of ZH. Back then I was a lurker.
When Chumbawamba called Marla off for being a likudnik was righteous.
Indeed ... "It was the best of times"! But the new Tylers have bought, and are running, an expensive business and I understand how going "low brow" brings them more revenue. I don't like it, but I understand it. I don't like the way they push the establishment line with their guests and contributors, but I still get value from the smarter commenters and their relevant links ... buried amongst the Foneystar and Flaksheister shit.
Bull fucking shit.
Eat shit and die, you statist tool. Here it is, in his own words (8 days ago): 4503118
This is gold!... I mean Bitcoin.
Long Bitcoin.
Don't assume that your "private" data isn't stolen or "stolen" from every other place you register it and then sold on in the same way just because you don't hear about it all that often.
Edit: Actually, you hear about it all the time: Vodafone, BofA, JPMorgan, Kickstarter, Sands Casino, YTO Express, Wells Fargo, Countrywide Home Loans, Sony, Experian, Barclays, Target, Michaels Companies Inc.
I got bored and stopped. That was just what has been identified and reported and happens to be on the first few pages of Google. There is no such thing as privacy or confidentiality any more, only obscurity. Or if there is, it's very expensive.
I'll bet you can "buy" your privacy. Just ask the Rothschilds.
you can "buy" your privacy...
The rich man may have to ransom his life,
but a poor man gets no threats.
Proverbs 13:8Complete Jewish Bible (CJB)
Mount Goatse has been attacked from behind?
Looking back at this, however it turns out will make for some good I told you so's. Bitcoin could still go to $5,000 or back to fitty cent.
Either way, we live in legendary times......
LOL so much for totally private, right? It becomes clearer and clearer that these bitcoin preachers who said we just didn't understand the greatness of it are the real fools. Focusing in on a medium of exchange as an actual store of value - it's ludicrious. All the reasons for it being so great are being debunked right before us week by week - no central authority - BS that's exactly what the exchanges are - totally private - also BS when hackers are invovled - secure - BS again it's run by unstable exchanges featuring hackers who rob you - finally there's 100 of these "currencies" now and no one has been able to explain bitcoins ludicrious value in relation to the rest.
it's an information exchange. "and now you know the price of you." (and your other you too.)
Do you use a silver dealer and then keep your silver at the dealer after buying? Thats what people who lost money at Mt. Gox did.
The ZH adage that if you don't hold it you don't own is especially true for bitcoin and especially since we're still early days for this technology. There are voluntary self regulatory solutions that exchanges can employ and I expect some form of government regulation is coming too (good or bad) that will make these thefts more preventable and less frequent.
Bullish for BTC - it will take a lot of coin to pay these guys off if this is for real and enough dupes fall for it.
Folks, as long as you hoard all your BTC in an offline wallet, and use it to buy stuff or trade--and stay away from using BTC on a forex exchange to trade BTC like a currency (Mt Gox et al), then you are fine. In fact, this is the future of BTC: getting paid in BTC, buying sports equipment, food, and stuff with BTC. You should be bullish on BTC as a short-term store of value and a way to pay for services and goods, but be bearish on BTC as a speculative asset that you can day trade in and out of for currencies.
The blockchain is secure, it has never been hacked and probably never will. It needs a 51% consensus which would cost you over 400 milion in computing power. Its not worth it, you would only be able to affect the next block for 15 minutes until the real consesus caught on. You would not re coup your investment on computing power. The BTC protocol is secured by 2 SHA 256 algos at its core. This is the same protocol that is securing all of the nuclear tomahawk missile codes. If someone breaks BTC, we have much more to worry about then some coins. You people that don't understand BTC, I honestly don't care but you just sound ignorant on here. There are sooooo many start ups right now using the protocol that are coming on line this year. You would be a complete moron not to look at these opportunities. But hey, do what you want I guess.
do you think those of us on ZH with some huevos in our rancheros think blockchain security is at the root of what is wrong with crypto-currency? if so, think what you want i guess. Hey......??
Wow prains thats all you got?? You'll have to do better than that when you are touring the county giveing speeches on the evils of Bitcoin.
I know exactly what you think is wrong with crypto. It's different and you don't like things that are different.
The peanut gallery will never be informed enough to understand bitcoin, because they choose to remain ignorant. There are still people who think you can issue infinite bitcoins, FFS.
It's really too bad. Crypto is really amazing. It is the next evolutionary step of free banking, one that makes those competing currencies permanently resilient to the forces that destroyed that once great system.
Just checked my gold and silver. Yup, still there, and still mine.
I also checked their security. Yup my AR and AK are still here and still mine.
Going to sleep good tonight.
"The past tense of bite is bit."
My gold, silver, guns and ammo lie at the bottom of a deep lake. I weep every night.
I own gold and silver to i love it. But let me ask you this how much did you make off of your Gold and Silver last year?? How much did I make off of my Bitcoin investment last year?? Its like a bunch of losers taking a victory lap, i don't get it. Didn't anybody tell you guys to diversify??
It's not a profit until you sell.
Sell for what? Bennybux?
You don't even know what money is.
Here's a hint: gold and bitcoin both possess the properties of money.
reports say 550,000 people were robbed by this.
Good for them. They can go to hell!
many of them are probably in financial hell. very few people will be trusting bit thieves now. and you have reached a new low.
WTF is your problem? These people lost their money? They are probably all innocent victims like the people Corzine ripped off. Either you are some automated bot or a pretty cruel creep. F Off!
I take no pleasure in seeing those people getting "goxed", but there were plenty of warning signs (the last was goxxing number 6) about that exchange. People were putting more money than they were willing to lose on these largely unregulated exchanges. Doing this is like leaving your keys in your car with the windows rolled down in a high crime neighborhood then crying for sympathy when the car is stolen.
I am probably not expected to say this since I view more regulation is required of the financial corruption world, but ask Cyprus how much regulation helped their banking public.
Oh by the way, expect that here after some of this "cleanest of the dirty shirts" crap wears off.
PHONEYSTAR is a little bit sensitive when it comes to Bitcoins, cruel creep would be accurate.
The people who Corzine ripped off deserved it too. They should have gotten out of the system after QEI started. I did. Similarly, I never used Mt. Gox because it was clear that they were shady, and there were much better options out there. I also never leave dollars or bitcoins sitting in exchange wallets and more than I leave dollars sitting in banks. To do so it pointlessly risky. You use those to facilitate transactions, and that's it. You store your money in your own wallet or your vault.
Good god! First they were Goxed, then they were Targeted! God knows, they may yet get Corzined. Someone in a position of fiduciary stewardship of the people's weal should put a stop to this Bitcoin nonsense and let legitimate-currency criminals steal their data and stuff.
That's not the way this works,that's not the way any of this works.
I am really getting sick and tired of the unabated bashing of Bitcoin when the issue solely resided on MtGox incompetent and most likely dishonest practices. As far as I am concerned the principles / concepts / algorithms behind Bitcoin are still perfectly sound, so why the constant bull crap ?
wrong , bitcon is still bullshit and i wouldn't pay 2 cents for it
Nobody would give a satoshi for what you think reject.
Everytime Satoshi as ever made a post on ZH, he is banned and deleted in days, yet Fonestar lives forever.
WHY?
Because fonestar is Tyler.
I entertained the Tyler thought, but no. That is like taking a huge dump in your place of business, publicly, and leaving it there to stink.
Not Tyler.
Really, you wouldn't pay 2 cents for something you could turn around and sell for $600+?
Your anti-crypto bias is so high that you would turn down free money. Typical.
Maybe now we can find the true identity of phonystar.
Muaaahahahahahaaa
http://www.dfs.ny.gov/about/po_vc_03112014.htm
Bitcoin is really
A Dildo
No, a dildo can at least be pleasurable.
I get a boner every time I use bitcoin to bypass the banking system.
But I guess you guys love paying Jamie 3% of every purchase.
Creeps.
Never trust a fat man with three chins
Also, Never trust three Chins
"Bitcoin experts haven’t seen the movement of those coins in the Bitcoin blockchain, the public ledger of transactions that prevents fraud and forgery in the Bitcoin economy."
Can you say NSA?
Any threat to the dollar is threat to the NSA