Bitcoin Forum

In response to a challenge that Mt. Gox was insolvent, MagicalTux, on IRC, decided to do a transfer of a pre-chosen number to prove they still had bitcoins.

"<MagicalTux> anyway, going to send to 1eHhgW6vquBY... the 424242.42424242 btc"

Here they are:

http://blockexplorer.com/address/1eHhgW6vquBYhwMPhQ668HPjxTtpvZGPC

I and probably 200 other people can verify that he made that statement before the coins were sent. Also, if it means anything, MagicalTux's nick was registered with a hostmask that matched previous ones and he demonstrated intimate knowledge of Mt. Gox.

I thought I'd just let you all know. Take this however you might, but I believe it puts to rest the theory that the hacker "cleared out" Mt. Gox. Hopefully someone who knows how to read blockexplorer can enlighten us, however. I hope that other IRC folks can verify this as well.

And now, a bunny:
http://i53.tinypic.com/ojmtqu.jpg

Why 42... is that supposed to mean something?

42 is the meaning of life, the universe, and everything (http://www.youtube.com/watch?v=aboZctrHfK8).

this is very bullish news for the bitcoin market.

He was going to do 430k or something, but everyone seemed to like 42 more, as it is the answer to the ultimate question of life, the universe, and everything (http://en.wikipedia.org/wiki/42_%28number%29), as Valhalla1 noted.

33 is the signal of the Illuminati, 42 the signal of the Cult of Eris.

This is clear proof that MtGox is on our side!

MtGox was always on our side!

"I fight for the users"

But maybe it just means that MtGox IS the hacker!

Can we have a few (dozen) threads about that now?

This seems to be really great news!!   :)  :)

I think he noticed the transfer first and then said he caused it.

that is a proof that he has still the control about the deposits.

im very happy about this message.

everything else was just rumors.

...which also (almost) prooves he is still lying about a single 500kBTC account, when 430k seems to be their entire offline deposits.

So what, who here has never lied in their entire life?
As long as they are solvent, they have a huge incentive to be cool with our money, and continue to improve security.
^^^
That's good enough for me, at this time.    :)

And then in an ironic twist of fate.. The hard drive that held the only copy of the destination wallet.dat file unrecoverably crashes...  

:o

Since those two hundred or so people who witnessed the events all went "zomg wow this is very important to bitcoin!!111one" all took screenshots, chatlogs, etc and rushed in to post on this forum I am anxiously awaiting all of their replies with proof here.
Since they don't seem to be here, and since it seems weird to me that Tux would only do this on IRC and not more public with a bigger announcement... I call BS.

wait.

that bunny HAS BEEN HACKED!!

look closely... where's the pancake on its head!!???

Well, I can see if anyone else from IRC would like to post. However, if it helps, here's my buffer dump:
http://pastebin.com/d7vp06hL

(Just search for 4242 or somesuch)

Also, here's a reddit thread from yesterday that's relevant:
http://www.reddit.com/r/Bitcoin/comments/i4xgc/follow_the_money_trail_part_2_1500btc_generated/

Wtf. Black helicopters much?

-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

I was there.

First the .4242 amount was named by non-mtgox parties (I didn't witness this myself, but talked to the people after who did).  Second the exact value of the txn and destination address were announced by mtgox a long time (probably 45 minutes?) before my node saw the flooded transaction. Apparently MagicalTux had issues getting connections up to a pre .23 wallet.

I consider this sufficient evidence that mtgox still controls that bitcoin.
-----BEGIN PGP SIGNATURE-----
Version: GnuPG v1.4.11 (GNU/Linux)

iEYEARECAAYFAk4DBmEACgkQrIWTYrBBO/obeQCcC18b82NgtFNlsikTDOPti8Jk
iU0AnjauZYGBQDJqGW+hCxWz14KEuwDJ
=fZrh
-----END PGP SIGNATURE-----

Wow. I'd be VERY afraid of sending 424k BTC, simply because there are so many things that could go wrong. Pasting the wrong receiving address, backing up the receiving wallet in a stupid way, etc. etc. I guess someone had to send then sooner or later, so MtGox can open up their webseite..

But I'm definitely happy MtGox is still in control of those coins. :D

You can't paste the wrong receiving address, each address has a checksum to verify it's correct. You would have to get extremely unlucky to get a different address. 

Yay!
Long Live MtGox!!  :D

Sure, but you might paste a valid address by accident (i.e. copied from somewhere else). MagicalTux probably double-checked to make sure he didn't paste the wallet ID of the alleged hacker from his investigation .. :D

._.

I am wondering, was this really Mark in control of the coins. Or maybe someone else?

Bumping this, because of this:



https://i.imgur.com/D01Wvfr.jpg


http://www.reddit.com/r/Bitcoin/comments/1z37zw/mt_gox_has_at_least_200k_btc

What are the possibilities that the BTC came from Mark's personal wallet(s)?

what are the possibilities of tracking down said hacker...  ;D

I lost almost $400 recently, through money transfers to digital currency companies. Not much in the scheme of things. But it teaches me to keep my eyes and ears open, to transfer in small amounts, and to trust that my trust might be misplaced. In addition, there are always mistakes and accidents.

Will the MtGox bitcoins ever be returned? Who knows? Sure, the bitcoins are still there. If they are returned sometime, it will change a lot of peoples' minds about the honesty of certain bitcoin dealers.

One thing we DO know, our income tax money will never be returned. Banking fees will never be returned. Our money and property loss through inflation will never be returned.

It's time that we start making Bitcoin do the thing that it was supposed to do in the first place. Become a P2P medium of exchange rather than an investment vehicle.

:)

forget that
they will never give it back

never say never,

I'm skeptical sure.  But this is a good sign.  And definitely reason to keep connected to what's going on there.  If everyone just throws their hands in the air and lets off on the interest and pressure then there is definitely less reason to hope for something good.

If Mark holds a private key to this address, then the claim of MtGox being insolvent was simply false.

OOps: empty final balance

I no longer endorse MtGox, they were fun for a while....

You were reading a thread from 2011.

Hasn't it been disclosed that they supposedly only have 2,000 btc left, along with about $33 mill USD?   I could be wrong, but I thought these were their balance sheets...

Hope springs eternal. It's sad, really.

Whether we get our coins back or not this is going to be a loooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooooo oooooooooooooooooooooooooooooooooooooooooooooooooooooooong process.

So out of 744,408 BTC,  you say perhaps they have   2000 left?
So customers might get repaid a little less than 0.2%  of their account balance?

I hope not.   They better be able to  repay every customer BTC, or be prepared to answer
a lot of tough questions from law enforcers.