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Title: Generosity of recent Bitcoin thefts Post by: i_rape_bitcoins on July 26, 2012, 06:01:43 AM As we all know with the recent plausible evidence of Zhou Tong being the Bitcoinica hacker, we should recall the generosity of this theft compared to MyBitcoin.
Zhou Tong offered a 5,000 BTC refund of the 100,000+ BTC stolen. If we use 100,000 as optimistic estimate of the stolen coins, 5,000 easily amounts to 5%. Looking back on MyBitcoin, they offered 49% of the total 154,406 stolen. Whats the verdict? MyBitcoin was more generous than Zhou Tong. Title: Re: Generosity of recent Bitcoin thefts Post by: Phinnaeus Gage on July 26, 2012, 06:06:09 AM As we all know with the recent plausible evidence of Zhou Tong being the Bitcoinica hacker, we should recall the generosity of this theft compared to MyBitcoin. Zhou Tong offered a 5,000 BTC refund of the 100,000+ BTC stolen. If we use 100,000 as optimistic estimate of the stolen coins, 5,000 easily amounts to 5%. Looking back on MyBitcoin, they offered 49% of the total 154,406 stolen. Whats the verdict? MyBitcoin was more generous than Zhou Tong. Only if Zhou Tong promised to pay back 5%. He didn't just promise, he performed. Whereas Tom Williams only promised, paying back nothing except to Bruce Wagner his 25,000 BTC. Big difference. (somebody please correct me if I'm in error) ~Bruno~ Title: Re: Generosity of recent Bitcoin thefts Post by: zhoutong on July 26, 2012, 06:12:01 AM No. The evidence was not plausible. See: https://bitcointalk.org/index.php?topic=95738.msg1055046#msg1055046
Title: Re: Generosity of recent Bitcoin thefts Post by: FreeMoney on July 26, 2012, 07:11:15 AM As we all know with the recent plausible evidence of Zhou Tong being the Bitcoinica hacker, we should recall the generosity of this theft compared to MyBitcoin. Zhou Tong offered a 5,000 BTC refund of the 100,000+ BTC stolen. If we use 100,000 as optimistic estimate of the stolen coins, 5,000 easily amounts to 5%. Looking back on MyBitcoin, they offered 49% of the total 154,406 stolen. Whats the verdict? MyBitcoin was more generous than Zhou Tong. Only if Zhou Tong promised to pay back 5%. He didn't just promise, he performed. Whereas Tom Williams only promised, paying back nothing except to Bruce Wagner his 25,000 BTC. Big difference. (somebody please correct me if I'm in error) ~Bruno~ You are in error, 49% was returned. |