Bitcoin Forum

Bitcoin => Bitcoin Discussion => Topic started by: kokjo on July 30, 2011, 03:01:03 PM



Title: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kokjo on July 30, 2011, 03:01:03 PM
hi!
this is to all of you who have get your funds stolen by mybitcoin.com

mybitcoin.com's hosting provider is leaseweb.com
you can contact them, or the police saying that mybitcoin.com have stolen your bitcoin
it is likely that they will try to contact the onwer of the site, tom williams.

please contact them at:
http://www.leaseweb.com/en/about-us/contact

and please remember mentioning:
mybitcoin.com
83.149.112.133, its there ip
tom williams, the owner of the site.

i hope you get your funds back. :)


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 03:02:28 PM
hi!
this is to all of you who have get your funds stolen by mybitcoin.com

mybitcoin.com's hosting provider is leaseweb.com
you can contact them, or the police saying that mybitcoin.com have stolen your bitcoin
it is likely that they will try to contact the onwer of the site, tom williams.

please contact them at:
http://www.leaseweb.com/en/about-us/contact

and please remember mentioning:
mybitcoin.com
83.149.112.133, its there ip
tom williams, the owner of the site.

i hope you get your funds back. :)

Let wait and see what happen.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: getpaidz on July 30, 2011, 03:17:36 PM
I just opened an old thread because of mybitcoin.com. I just started messing with them and now this is an bad experience with them. Prolly anyone using them. I will try to contact them. Anyone know why the site went down? Just to take peoples bitcoin? Thanks for info..


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Johnny Pizza on July 30, 2011, 03:24:09 PM
I doubt the police will care. Try explaining BitCoins to them and see how far that get.  ::)

I say we track the owner down and beat the SHIT out of him and steal his money. 8)


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 03:25:09 PM
We need more competition! Because having only one wallet service round town is not a good idea!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kokjo on July 30, 2011, 03:27:38 PM
I doubt the police will care.
mybitcoin still have stolen peoples money.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: andrepcg on July 30, 2011, 03:51:59 PM
I doubt the police will care.
mybitcoin still have stolen peoples money.

mybitcoin didnt steal money. it stole bitcoins and that's what the police is going for.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: dancupid on July 30, 2011, 03:59:21 PM
Anyone using mybitcoin might want to double check that the login and password they used isn't the same they used on mtgox etc.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kokjo on July 30, 2011, 04:20:35 PM
I doubt the police will care.
mybitcoin still have stolen peoples money.

mybitcoin didnt steal money. it stole bitcoins and that's what the police is going for.
bitcoin is money.

Quote
Money is any object or record that is generally accepted as payment for goods and services and repayment of debts in a given country or socio-economic context.
http://en.wikipedia.org/wiki/Money


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on July 30, 2011, 04:39:27 PM
something might of happened to the webmaster of mybitcoin. if servers are not paid for they will get suspended.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bitplane on July 30, 2011, 05:50:12 PM
something might of happened to the webmaster of mybitcoin. if servers are not paid for they will get suspended.

Only the web service is down, the TOR node and Privoxy are still running.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 05:52:27 PM
Is there ANY WAY TO GET MY BTC out of their system? Like, I have the wallet # and my authorization um, stuff. So... surely there is a way?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Yuusha on July 30, 2011, 05:58:43 PM
Is there ANY WAY TO GET MY BTC out of their system? Like, I have the wallet # and my authorization um, stuff. So... surely there is a way?
No. Sorry.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 06:00:37 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kokjo on July 30, 2011, 06:03:46 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User
where is the end ") :)
else there is nothing more to add


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Tx2000 on July 30, 2011, 06:04:00 PM
We need more competition! Because having only one wallet service round town is not a good idea!

I'm sorry but wallet services like these are just dumb.  Yes, they may be convenient but you're literally asking for your coins to get stolen, hacked, etc


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 06:05:32 PM
We need more competition! Because having only one wallet service round town is not a good idea!

I'm sorry but wallet services like these are just dumb.  Yes, they may be convenient but you're literally asking for your coins to get stolen, hacked, etc

Agreed, which sucks because I was in the process of moving all of my distributed funds to a central encrypted wallet when the server went offline.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BITLISH on July 30, 2011, 06:35:54 PM
Wallet services are quite useful - because no confirmation is required for between users transfers.
But if mybitcoin turn out to be scam, it will be hard to gain trust for such service.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 06:42:06 PM
Bitcoin by design is decentralized currency. If you centralize it in some obscure services you are asking for problems. If you want to use Bitcoin bank, then bank real address, name, phone number, photo of owner's face confirmed by 3rd party should be ABSOLUTE MINIMUM for you to even consider storing money there.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 06:42:50 PM
Bitcoin by design is decentralized currency. If you centralize it in some obscure services you are asking for problems. If you want to use Bitcoin bank, then bank real address, name, phone number, photo of owner's face confirmed by 3rd party should be ABSOLUTE MINIMUM for you to even consider storing money there.

I prefer anonymous e-wallet service with anonymous owner who have a reputation.

In any case, the problem with mybitcoin is that they have no communication channel. Even if they have not stolen my money, I still move out...because they shown poor services.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 06:44:36 PM
I prefer anonymous e-wallet service.

In any case, the problem with mybitcoin is that they have no communication channel.

Wait, YOU want to be anonymous, or you want bank owner to be anonymous?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Yuusha on July 30, 2011, 06:45:21 PM
Bitcoin by design is decentralized currency. If you centralize it in some obscure services you are asking for problems. If you want to use Bitcoin bank, then bank real address, name, phone number, photo of owner's face confirmed by 3rd party should be ABSOLUTE MINIMUM for you to even consider storing money there.

I prefer anonymous e-wallet service with anonymous owner who have a reputation.

In any case, the problem with mybitcoin is that they have no communication channel. Even if they have not stolen my money, I still move out...because they shown poor services.
They do have a communication channel. This forum. They just choose not to use it, probably because they're pulling a scam.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 06:46:13 PM
They do have a communication channel. This forum. They just choose not to use it, probably because they're pulling a scam.

Or their bank wallet was stolen/destroyed and they decided to disappear.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 06:47:33 PM
Wait, YOU want to be anonymous, or you want bank owner to be anonymous?

I am not anonymous, but I certainly want an anonymous account. An anonymous owner is just more protection, especially if people can trust him.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 06:48:52 PM

They do have a communication channel. This forum. They just choose not to use it, probably because they're pulling a scam.

They should be pulled from the wiki. I only started using them because it was on there as an option for ewallets. This really sucks. He better get that shit back online soon.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BitcoinPorn on July 30, 2011, 06:49:36 PM
Or their bank wallet was stolen/destroyed and they decided to disappear.
I fear this is it.  Sad news, if this is news at all.   No matter what, I think no one is overreacting in the end with how little anyone knows about the site yet has been dumping BTC in it like nothing, yet talk shit about Gox, who, while hacked, is on top of shit and very public with what is going on and how ways are made available to keep you secure.

At the least someone from the site could have a Twitter account if they don't want to post here.  I seriously feel bad for so many people.   I wonder what the people with the larger accounts are saying right now?   Where is the Bruce Wagners or other people who use the site?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 06:50:33 PM
Wait, YOU want to be anonymous, or you want bank owner to be anonymous?

I am not anonymous, but I certainly want an anonymous account.

I don't see how providing extensive info about bank company and his owner (real names/phone/fax/address/mail/mugshot) confirmed by 3rd party would make it impossible to provide anonymous accounts for their clients... or perhaps you misunderstood me. Communication channel was some forum account and people stored thousands of USD there? Christ...


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 06:53:02 PM
I don't see how providing extensive info about bank company and his owner (real names/phone/fax/address/mail/mugshot) confirmed by 3rd party would make it impossible to provide anonymous accounts for their clients... or perhaps you misunderstood me.

IF the owner got arrested and questioned, they might figure out the location of the server and confiscate the money that sit on there.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 06:57:17 PM

At the least someone from the site could have a Twitter account if they don't want to post here.  I seriously feel bad for so many people.   I wonder what the people with the larger accounts are saying right now?   Where is the Bruce Wagners or other people who use the site?

The only thing we can do: learn our lessons and move on.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 06:58:14 PM
I don't see how providing extensive info about bank company and his owner (real names/phone/fax/address/mail/mugshot) confirmed by 3rd party would make it impossible to provide anonymous accounts for their clients... or perhaps you misunderstood me.

IF the owner got arrested and questioned, they might figure out the location of the server and confiscate the money that sit on there.


You CAN NOT trust any anonymous guy from Internet with your money. Otherwise we wouldn't need decentralized P2P currency.
What if he is police officer in the first place?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 30, 2011, 07:01:53 PM


You CAN NOT trust any anonymous guy from Internet with your money. Otherwise we wouldn't need decentralized P2P currency.
What if he is police officer in the first place?

Do you trust the silk road? The silk road for all we know could be a CIA operation designed to nap dealers.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: bittersweet on July 30, 2011, 07:06:21 PM


You CAN NOT trust any anonymous guy from Internet with your money. Otherwise we wouldn't need decentralized P2P currency.
What if he is police officer in the first place?

Do you trust the silk road? The silk road for all we know could be a CIA operation designed to nap dealers.

Silk road doesn't know location of dealers. As a buyer you can be anonymous too, at least you can deny you ordered anything and they have no way to prove it with proper precautions. Buyer risks relatively small amount of BTC with each transation - there is reputation system built-in that reduces risk. With bank it's very different - potentially you risk A LOT of Bitcoins and scammer can gather "clients" operating for months before shutting down, there is no warning like bad reputation messages until it's too late.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Chick on July 30, 2011, 07:14:21 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kokjo on July 30, 2011, 07:35:10 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.

hmm. and?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Chick on July 30, 2011, 07:39:51 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.

hmm. and?

And the hosting company won't do shit about your complaints. They have their own policies that they have to abide.

They aren't going to touch anyone's server because some guy put his server offline.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: evoorhees on July 30, 2011, 07:41:50 PM
We need more competition! Because having only one wallet service round town is not a good idea!

I'm sorry but wallet services like these are just dumb.  Yes, they may be convenient but you're literally asking for your coins to get stolen, hacked, etc

Don't blame the concept of hosted, secured wallet services. Indeed Bitcoin will never go mainstream if they don't exist. Blame individual providers of BAD wallet services - not the idea itself.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 07:43:58 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.

hmm. and?


I asked them to make sure the server was online. I didn't request for them to do anything specific, like editing apache configs or something. Also, shows what you know about hosting providers - a lot of them will touch your shit in the following cases:

1) server is hacked and is compromising the providers network
2) server is offline and there is a SLA in place for your services
3) illegal activity that needs to be investigated (mybitcoin.com)
4) you are on a managed hosting plan
5) you ask them to help with something (technical services that charge by the hour) if you are not on managed hosting
6) plenty of other instances



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Chick on July 30, 2011, 09:45:38 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.

hmm. and?


I asked them to make sure the server was online. I didn't request for them to do anything specific, like editing apache configs or something. Also, shows what you know about hosting providers - a lot of them will touch your shit in the following cases:

1) server is hacked and is compromising the providers network
2) server is offline and there is a SLA in place for your services
3) illegal activity that needs to be investigated (mybitcoin.com)
4) you are on a managed hosting plan
5) you ask them to help with something (technical services that charge by the hour) if you are not on managed hosting
6) plenty of other instances



Bottom line, they aren't going to touch MyBitcoin's server (bring it online if customer intentionally shut it down) because some random person (like you) asked for it. There are plenty of instances where the customer gives permission to the host provider for extra services to access their server. There are plenty of PCI certified hosts that have to abide by the PCI guidelines in order to make your server PCI certified. They don't touch your shit if they don't got your permission.

2) Really? If the customer intentionally put the server offline, the SLA has no effect at all. "Hey, the customer brought his server offline. Lets bring it back up."

6) Plenty of other instances that are allowed of their hosting agreement.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: shotgun on July 30, 2011, 11:58:48 PM
Going to post this to LeaseWeb. Anyone want me to add/change anything?

Code:
Hi,

This is in regard to an issue with the server that you host which runs www.mybitcoin.com, which is a Bitcoin wallet provider. The owner, Tom Williams, provides a service that allows people to store their funds on his server via transaction processing. Since his server is down and he is not responding to contact requests, this is affecting all of the (hundreds, thousands?) of users of his transaction service. This constitutes theft if he does not allow users to move their bitcoin wallet funds from his possession. If you are not aware of Bitcoins, they are a digital currency that has several international markets.

Please contact Tom Williams and/or have the server put back online (at least temporarily, so that the users can retrieve their funds from his digital service. If the users cannot get their funds then Tom Williams has stolen their money.

Feel free to contact me or see the post covering this issue on the Bitcoin forums: https://forum.bitcoin.org/index.php?topic=33020.0

Thank you,

Concerned User

You can't be serious, at least all dedicated hosting companies have polices that they will NOT TOUCH YOUR SHIT on the server. If they mess with his server contents, they are violating their own policy, and that can serve up a lawsuit against the hosting company itself.

hmm. and?


I asked them to make sure the server was online. I didn't request for them to do anything specific, like editing apache configs or something. Also, shows what you know about hosting providers - a lot of them will touch your shit in the following cases:

1) server is hacked and is compromising the providers network
2) server is offline and there is a SLA in place for your services
3) illegal activity that needs to be investigated (mybitcoin.com)
4) you are on a managed hosting plan
5) you ask them to help with something (technical services that charge by the hour) if you are not on managed hosting
6) plenty of other instances



Bottom line, they aren't going to touch MyBitcoin's server (bring it online if customer intentionally shut it down) because some random person (like you) asked for it. There are plenty of instances where the customer gives permission to the host provider for extra services to access their server. There are plenty of PCI certified hosts that have to abide by the PCI guidelines in order to make your server PCI certified. They don't touch your shit if they don't got your permission.

2) Really? If the customer intentionally put the server offline, the SLA has no effect at all. "Hey, the customer brought his server offline. Lets bring it back up."

6) Plenty of other instances that are allowed of their hosting agreement.



2. Yes, I have had customers halt their servers and leave the office. Then our monitors show the server as down so we turn it back on. SLAs for uptime % apply to this scenario. This isn't the case with mybitcoin but I was giving hypothetical situations.
6. you don't know jack shit about the agreement the mybitcoin has with leaseweb so stfu.



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: the founder on July 31, 2011, 11:50:35 AM
We need more competition! Because having only one wallet service round town is not a good idea!

If the invite didn't work for you,  your answer will be heard in about 18 hours.  That's when flexcoin drops invite process and allows everyone to register.



Title: 1000btc frozen, lost or stolen by MyBitcoin?
Post by: toddbethell on July 31, 2011, 01:26:41 PM
1000btc frozen, lost or stolen by MyBitcoin?

By Todd Bethell

On 12 July 2011, 1000btc MtGox to MyBitcoin.
On 28 July 2011, 1000btc MyBitcoin to MtGox.

28 June 2011, payment notification was received. 8hrs later (the site was still up) visual verification was done in account history of the transaction and correct address.
48 hrs later still no coins.

This is where I need a block explorer expert.
21 minutes after MyBitcoin received the btc block explorer shows the coins from that wallet being split and transmitted hundreds of times all the way down to 1 Satoshi.
Question:
1.   Is this normal or a sign of fraud making it impossible to track?
2.   Are all wallets effectively used as ‘pool wallets’ for payouts?
3.   While I am not accusing MyBitcoin of theft, itn’t plosible that

Block 135867 (2011-07-12 07:06:54)   1000   Received: Address   •   1DeAkzL1MBriA37pHS46Nu1xcCzJ5sPupH
1000

Block 135870 (2011-07-12 07:27:05)   1000   Sent: Address   •   17e8zfFzVkKtx4ofdeoYHhdvu1cTKCpv2r
•   1NgjsaazumvjaR3WZuLqqKEed79RneQy2Q
0
-------------------------------------------------------------------------
MyBitcoin Payment Notification
MyBitcoin Robot [nobody@mybitcoin.com]
toddbethell@fastscanning.com
-----BEGIN PGP SIGNED MESSAGE-----
Hash: SHA1

Hello,

This is a payment notification from MyBitcoin.

You have sent Bitcoins!

Transaction Number: 245107
Transaction Date/Time: 2011-07-28 22:30:02
To: 18jsFKuKZ4w8mhdTYy9bZKKHmkZNSZrRUC
From: 19vKB489Lx1rxqS366f63mKDLXp6q3v3Ct
Amount: -1000.00
Payment Note: MtGox businessaccount1

Thank you.

-----BEGIN PGP SIGNATURE-----
Version: GnuPG/MBC v1.0

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r9D6GXVPo5A4jXzgjtXTs2Rj2WmbLnsm2I8vc+fQFvniUiZT3nSbixVAU9wPm0w6
cTD8gNvEe+P9aNttZqGxa9xnCOVkE4ypF+n4jEmE/e3H5yh6Ix0oCI50luIeQZir
e0/5sF7ZbWDWhNta9+A6yvWYEI7KLZK+zke8EbLmB3YIDZ+EpaegrT74H6s7fHRR
cSopmnyDXX1biS8Mao7GSoTgXuPOTaMRae+4SN4pL1aoRZahWX/SsLXDj2Skjc/4
jtLBq7RLb8x3wo23IiURyzKZJr1Cw75cTULdLcNoUZajewapxIqA9DhFJK8HlSk=
=EFK8
-----END PGP SIGNATURE-----

Approximately 8hrs later the coins had not been credited to my MtGox account. MyBitcoin was still up. My account history showed the coins had been sent and the sent to address was verified correct.
Security Note: The instant before clicking the send button (perhaps when my mouse hovered over it) I notice a screen blink or something changed, but it was too late to avoid clicking the button.

Q1. Has my computer been compromised such that the send address was swapped at the last instant?
Q2. If this is so, how could the correct address be recorded in the MyBitcoin data base?
Q3. Is it coincidence that the MyBitcoin service has gone down for 48hrs with nary a peep from its owner? A person who was very proactive and vocal during the MtGox incident.
Q4. I’m hard pressed to think of a technical reason how or why a transaction confirmation bot would send confirmation of btc transmission before such a transmission had actually occurred. Let alone consciously programmed in this way. It would seem that the bot was part of the book keeping data base and not confirming actual transmission from a ‘hot’ wallet.
Q5. It seems that the way MyBitcoins was using the wallets of its members (pooling them as a matter of operational efficiency or draining them as a scam??) this makes it impossible to track coins or analyze if they are insolvent?
Q6. Was my 1000btc withdrawal lower to water level in his 'hot wallet' enough to show Tom was swimming without a suit? In other words, for whatever reason, he was operating insolvent?

I would not normally keep so many coins in an on-line wallet but this was in preparation for a business transaction that was delayed.

I am preparing a blog and forum post or lessons learned and recommendations going forward:

If anyone has further information please post it here and send to my email also, or give me a call.
Skype:  toddbethell
Email:  toddbethell@fastscanning.com
Cell:  1-949-394-5932

-----------------------------------------
Action taken:
Phone: +6499518329  (always busy)
Emailed: enquiries were sent to abuse@mybitcoin.com
It is well know that Tom… only replys to ‘in-mail’ on his site.

Tom Williams
Main Street
PO Box 556
Charlestown, Nevis, KN


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Departure on July 31, 2011, 01:50:46 PM
"The Founder" No offence but we don't need you advertising your shit up on this thread, Alot of people may have lost there coins, including myself which I had a large amount on there. So yeah im pretty pissed off at the moment, I am 100% sure the "mybitcoin" owner/owners are reading this thread, and I have a feeling the more fuss we make about mybitcoin stealing our coins the more likely he will do a runner with our coins, I know if its not back up by the end of next week I will be looking at legal advice to retrieve my coins back, Saying that it could be unforeseen problems on his side and hopefully brings the once trusted site back


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: mazmorbid on July 31, 2011, 01:59:01 PM
"The Founder" No offence but we don't need you advertising your shit up on this thread, Alot of people may have lost there coins, including myself which I had a large amount on there. So yeah im pretty pissed off at the moment, I am 100% sure the "mybitcoin" owner/owners are reading this thread, and I have a feeling the more fuss we make about mybitcoin stealing our coins the more likely he will do a runner with our coins, I know if its not back up by the end of next week I will be looking at legal advice to retrieve my coins back, Saying that it could be unforeseen problems on his side and hopefully brings the once trusted site back

Totally agree with you mate, poor form by "The Founder", also agree about all the fuss being made, like many of us reading or following this thread (and other threads) we have bitcoins at stake here, so if there is a genuine reason why mybitcoins is down atm and all this negativity is read by the owner of mybitcoins (probably unlikely) it could just very well give him an incentive to run off with our bitcoins ..  >:(


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on July 31, 2011, 03:04:03 PM
bullcrap..

If they were an honest company.. a simple notice would be put up..

We are experiencing technical difficulties, or we are busy upgrading our service or.. something.

To just take a service off-line without any form of notice is madness...  even if it does come back online, trust and confidence would of been lost.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: kiba on July 31, 2011, 03:15:03 PM
bullcrap..

If they were an honest company.. a simple notice would be put up..

We are experiencing technical difficulties, or we are busy upgrading our service or.. something.

To just take a service off-line without any form of notice is madness...  even if it does come back online, trust and confidence would of been lost.

Mybitcoin is just damn incompetent. Doesn't matter if they are the most honest to god trustworthy do the right things people in the world. They never thought a communication channel is important and now they are paying for it in reputations. That's fine with me. I will move my business elsewhere.

People who are in the bitcoin economy are very incompetent to a fatal fault, including me.

"I should have backed up. I should not relies on a single online wallet service. I should..."

We are in the early stage of growing in the bitcoin economy where things are going to be crazy and loss unimaginable. We will all lose and win based on our competency. That mean everyone in the economy. The exchanges, you, me, other bitcoiners. Sometime we dodge bullets and sometime we don't.

I would be surprised if most of us in this era will retain our wealth and our bitcoin. If anything, the few lucky bastards who survive and become billionaires are the most lucky and perhaps the most competent.

Remember, there is no gubernment that take care of us when we fail. It would be bad if the government bailout the exchanges and the business that fail because that reward incompetency.

Either we become competent....or we don't.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BioMike on July 31, 2011, 03:17:39 PM
Amen, and doing it properly IS hard!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: EconomicOracle on July 31, 2011, 06:27:58 PM
They should change the site name from mybitcoin.com to NOTmybitcoin.cum!!!!!! HEE HEE HEE!!!!!!!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: plutocracy on July 31, 2011, 06:31:56 PM
"The Founder" No offence but we don't need you advertising your shit up on this thread, Alot of people may have lost there coins, including myself which I had a large amount on there.

He was replying directly to a concern regarding competing services, as he has been in all of these similar threads. He's not threadjacking; if someone asks if there's any other ewallet sites, he answers. In my opinion he's approached the entire situation gracefully, and I won't fault him for providing an alternative to the community.

yeah im pretty pissed off at the moment

We all are and it shows.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Littleshop on July 31, 2011, 06:41:47 PM
This really sucks. 

My store is down due to this problem though no funds lost.  We do need a mybitcoin replacement, or someone to take over the site, charge something for the services and do it properly.  I as a merchant do not mind paying a fee of 1% to have this type of service.  Offering this service and not charging is going to lead to little or no customer support as no one is being paid to take care of the site or the hosting. 

I hope they come up tomorrow, but I will tell you if too much pressure is put on the hosting company (constant phone calls, potential police action though unlikely) the owner of mybitcoin might not be able to come back up on the same hosting company further delaying its return. 

I am not saying don't try to get your money back, I am just pointing out that if this is a simple server outage, it could be turned into a bigger problem by forcing leaseweb.com to not allow mybitcoin to come back up on their servers due to all of the complaints. 

With no real customer support it is impossible to tell what is going on. 


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Bruce Wagner on July 31, 2011, 07:01:04 PM

We have a lot of bitcoin there..... ( as has already been reported in the press )...    Many -- perhaps most -- non-technical people... and businesses, I know and associate with,....  rely on MyBitcoin.com     

Most of my friends and family and associates.... all have all their bitcoin there too.

I hope it is back up tomorrow.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BitcoinBug on July 31, 2011, 07:19:34 PM

We have a lot of bitcoin there..... ( as has already been reported in the press )...    Many -- perhaps most -- non-technical people... and businesses, I know and associate with,....  rely on MyBitcoin.com     

Most of my friends and family and associates.... all have all their bitcoin there too.

I hope it is back up tomorrow.


I think it's time to get in action, hire a detective or something, ASAP!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: dvide on July 31, 2011, 07:25:15 PM

We have a lot of bitcoin there..... ( as has already been reported in the press )...    Many -- perhaps most -- non-technical people... and businesses, I know and associate with,....  rely on MyBitcoin.com     

Most of my friends and family and associates.... all have all their bitcoin there too.

I hope it is back up tomorrow.

This is depressing :( So sorry Bruce. I hope the guy turns out to just be on holiday or something, but I doubt it.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: rabit on July 31, 2011, 07:47:13 PM
On topic, the UABB is launching a full investigation into mybitcoin.com. At the moment we are only being funded very lightly by the UABCI as this has a very low possibility of return, but if members of the community are willing to donate BTC to the efforts, you can do so to the UABB (United Association of Bitcoin Businesses). All expenses and activities will be publicly viewable through the UABCI project management site, and will undoubtedly include the fees for a private investigator.

If you feel you may have been defrauded by mybitcoin, please post your statement, including how much was lost, approximate date, blockexplorer address (if possible) and any evidence that can link your account to you for proof in a court of law. You may post your statements on the UABB project page through the UABCI site at http://uabci.org/redmine/issues/5

Perhaps you should wait some time before shouting scam and trying to destroy someones life.
There was a bug in MB before it went down, so its more likely that he put the site down to fix it.  MB was down for service updates/fixes in the past and always came back, so no reason to spread so much hate after only 1 day.
Also if he would be a scammer, he wouldnt take the site down, he would continue to operate it and just disable withdraw in some way.




Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: lettucebee on July 31, 2011, 08:04:55 PM
Perhaps you should wait some time before shouting scam and trying to destroy someones life.
There was a bug in MB before it went down, so its more likely that he put the site down to fix it.  MB was down for service updates/fixes in the past and always came back, so no reason to spread so much hate after only 1 day.
Also if he would be a scammer, he wouldnt take the site down, he would continue to operate it and just disable withdraw in some way.

Dude, did you just emerge from Plato's cave? I was having trouble with mybitcoin for a couple of weeks before I went public about mybitcoin (http://forum.bitcoin.org/index.php?topic=26224.0) on July 5th.  I can't see any scenario where Pirate "Tom Williams" is unaware that his site is stealing people's money.  We've all been had.

Oh, yes and Mybitcoin.com is a scam!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: dikidera on July 31, 2011, 08:29:21 PM
And can anyone tell me what happened to the guy mentioned in bruce wagner's podcast who had 25k coins in mybitcoin?


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: FractalUniverse on July 31, 2011, 08:51:04 PM
I have been away for 2 days and when i return i find out that my couple of coins at mybitcoin are probably lost.. this sucks and i trusted the service.

even if they return back online with all the BTCs it will be hard to gain the users' trust back.. Now Im thinking about using ruxum, tradehill or even gox as my web wallets..


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: tvbcof on July 31, 2011, 09:05:29 PM
I have been away for 2 days and when i return i find out that my couple of coins at mybitcoin are probably lost.. this sucks and i trusted the service.

even if they return back online with all the BTCs it will be hard to gain the users' trust back.. Now Im thinking about using ruxum, tradehill or even gox as my web wallets..

I cannot see that working very well at Tradehill, but could be missing something.  It takes a fair amount of time to get my BTC out of Tradehill.  (Getting money in via US domestic wire and trading is faster than getting my BTC out in my experience.)   I don't think they are optimized for this, and have probably been being extra careful for the last several weeks at least to watch for scammers (doing Dwolla's job for them.)

OTOH, at bitmarket.eu, I do have immediate control over an address there (so it seems.)  I can transfer any part of the BTC balance to anywhere I want (so it seems.)

I personally feel most secure when I have my own coins in my own wallet.dat files in my own places with my own encryption.  Unfortunately, arranging this is a modestly technical operation and I've fallen back on skills and understandings gained in the process of getting paid to work on computer systems for a while.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: FractalUniverse on July 31, 2011, 09:33:29 PM

I cannot see that working very well at Tradehill, but could be missing something.  It takes a fair amount of time to get my BTC out of Tradehill.  (Getting money in via US domestic wire and trading is faster than getting my BTC out in my experience.)   I don't think they are optimized for this, and have probably been being extra careful for the last several weeks at least to watch for scammers (doing Dwolla's job for them.)

OTOH, at bitmarket.eu, I do have immediate control over an address there (so it seems.)  I can transfer any part of the BTC balance to anywhere I want (so it seems.)

I personally feel most secure when I have my own coins in my own wallet.dat files in my own places with my own encryption.  Unfortunately, arranging this is a modestly technical operation and I've fallen back on skills and understandings gained in the process of getting paid to work on computer systems for a while.

hi you are probably right about tradehil. i can see up to 12 hours for btc withdrawal on their site (it took me much less though, but one can't rely on it if fast transaction is needed)
ruxum seems better for this purpose (immediate transfer between 2 accounts+fast withdrawals out of the exchange, but they are still beta and may introduce some transfer fees later)
bitmarket- sounds good i can try but there may be some bug in their system (see the thread: Unauthorized BTC Withdrawals from Bitmarket.eu Account)

wallet .dat - i don't feel much secure with this either (will have to learn more about how to do encryption..)



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on July 31, 2011, 09:34:11 PM
If it were an honest service.. there would be a notice or something..

closing down.. and keep quiet is no way to run a company.

problem with bitcoin is the majority of the services have no standards or any kind of proper business knowledge. Honest opinion its very mickey mouse.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: julz on July 31, 2011, 10:15:00 PM
If it were an honest service.. there would be a notice or something..

closing down.. and keep quiet is no way to run a company.

problem with bitcoin is the majority of the services have no standards or any kind of proper business knowledge. Honest opinion its very mickey mouse.

That's exactly the reason behind starting the United Association of Bitcoin Businesses (uabb.org (http://uabb.org)). Check it out.


Hows this for a standard.
The *first* thing you should do - is have a proper 'about us' page which actually contains contact details.
Not just a contact form - phone numbers and a physical address.

UABB has no such info.
Put that up *FIRST* - then give us your spiel.

http://uabb.org/about.php -  is empty as at 2011-08-01

Seriously. You should be educating consumers to look for this information first - so you need to have it yourself.
Who started it, and who administers it is important information.

I see also " Our professional escrow services stop fraud before it starts."

Oh.. so UBB itself has *business* operations?
A faceless business without contact details - dishing out 'ratings' for other businesses.. some of whom might compete???
 FFS.  ::)

Ok - so I have a feeling that you're actually acting in good faith - and this is just an oversight.
My point is - this is just the sort of 'oversight' that should raise red flags for consumers and that UBB should use to give a *lower* rating on!
Don't give me  "oh.. we're getting round to that" .. that just legitimizes this excuse for other operators who might actually be shady.

RULE *1*: Site goes live - must have contact details, preferably including registered business/association number in some jurisdiction.

Given the shenanigans going on in the bitcoin world... do I really ask too much??


(EDIT: btw - obviously I have no idea who the 'you' is in this case! For all I know Matthew - you're just mentioning a site you found, though you do seem to be rocking a signature-pimp-logo for them)







Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: stick_theman on July 31, 2011, 10:23:30 PM

We have a lot of bitcoin there..... ( as has already been reported in the press )...   

rightfully so.  One of Bruce's accounts has about 250K bitcoins!!!  Bruce, could you contact MyBitcoin to see if they would appear on your show?  This would add a new layer of legitimacy into the company... or else, we will be moving all our funds somewhere else. 


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: stick_theman on July 31, 2011, 10:35:45 PM
One of Bruce's accounts has about 250K bitcoins!

That's completely ignorant, no offense. I seriously doubt anyone who has $2.5 million dollars of anything would be silly enough to trust a random 'dude' with their funds, and if that's even a remotely accurate estimation of funds in MyBitcoin, running away with money just got boosted up to the top reason for the site being down.

Good going.

Dude, not so ignorant if you actually do some homework and have a listen to NPR's podcast.

http://www.npr.org/blogs/money/2011/07/13/137795648/the-tuesday-podcast-bitcoin


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: stick_theman on July 31, 2011, 10:45:43 PM

I'm not looking to fight, but I don't think there is much wrong with what I said. I feel sorry for all the people who have had their funds 'disappeared' on them like a bad con, but sometimes when you hear something so bizarre and so strange you just have to stop and think "wtf?".

"wtf" indeed.  One thing after another is making the situation a lot more stressful.  Anyways, I hope the Korean exchange is going well, Matthew N.W.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: julz on July 31, 2011, 10:51:01 PM
One of Bruce's accounts has about 250K bitcoins!
That's completely ignorant, no offense. I seriously doubt anyone who has $2.5 million dollars of anything would be silly enough to trust a random 'dude' with their funds, and if that's even a remotely accurate estimation of funds in MyBitcoin, running away with money just got boosted up to the top reason for the site being down.
Good going.
Dude, not so ignorant if you actually do some homework and have a listen to NPR's podcast.
http://www.npr.org/blogs/money/2011/07/13/137795648/the-tuesday-podcast-bitcoin

The figure mentioned on NPR is 25K (Which Bruce claims isn't his..)

It's very unfortunate that mybitcoin has been mentioned as a way for beginners to use bitcoin on some major news networks.
NPR & CNN at least.



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BitPay Business Solutions on July 31, 2011, 11:12:59 PM


Matt, let us know when your UABB is up and running.  We'd like to get listed.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BitPay Business Solutions on July 31, 2011, 11:36:00 PM

I imagine it's going to be a scary venture for businesses to 'get accredited' by us at first, but we're just as sick and tired of the fraud and mismanagement as anyone else so any business intended on becoming accredited will definitely be getting a helping handful of tough love.


My guess is that it's not as painful as you might think.

1.  verify business has all proper operating licenses
2.  verify owners have no criminal record

here in the US there are background searches you can do for a small fee.  it is very common.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: BitPay Business Solutions on July 31, 2011, 11:59:50 PM

I imagine it's going to be a scary venture for businesses to 'get accredited' by us at first, but we're just as sick and tired of the fraud and mismanagement as anyone else so any business intended on becoming accredited will definitely be getting a helping handful of tough love.


My guess is that it's not as painful as you might think.

1.  verify business has all proper operating licenses
2.  verify owners have no criminal record

here in the US there are background searches you can do for a small fee.  it is very common.

As an American, that much I am aware of-- our services however are a bit more invasive. Although there are no requirements to be a functioning member of the UABB for the purpose of rating/commenting/reporting, to become accredited and recognized as a safe-to-use business, we require the following*:

1) Businesses need to have been a member with the UABB for at least 30-days with 100% positive feedback (at least 1 transaction).

2) Businesses need to provide faxed copies of their operating licenses/business certificates. If they are not a registered business but a home-business, they need to provide multiple proofs of identity including a physical address for product return claims to be associated with, and a phone number to be connected with technical support.

3) Businesses will be required to use our insured escrow services to forward payments, at no additional cost to consumer or merchant.

4) Businesses will be required to have an SSL certificate installed on their sites to handle any private user information for purchasing products and services.

5) Businesses need to pay a small accreditation fee to help recoup our total costs for running a fax service, processing paperwork, issuing electronic seals, and running the escrow and dispute mediation services.

Background checks will only be necessary if the individual is running the company alone or out of their home, and will be done at the discretion of the UABB.


(*still debating these requirements with the board and thus the accreditation page is not up yet)


I think you should kill the escrow.  Everything else is fine.  Businesses and consumers should connect directly, that's the whole point of bitcoins.



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: julz on August 01, 2011, 12:28:21 AM
(EDIT: as you said above offering escrow as an option sounds the best way..  even 'requiring businesses to offer it as an option' could be a problem)

3) Businesses will be required to use our insured escrow services to forward payments, at no additional cost to consumer or merchant.

That seems like a non-starter to me.
Routing all payments via a central system is technically fragile, politically risky, innovation unfriendly and impractical to set up for all the various foreign currencies & payment systems out there.

Perhaps you meant only for Bitcoin transactions..  but I suspect it will be the minority of enterprises that are truly 'pure Bitcoin'.

For the sort of business I have in mind - the escrow would be complex - sometimes requiring only part payment back to the client.
Escrow services based on a written escrow agreement where the UABB can easily determine fulfillment of conditions are one thing..
but are you really going to intermediate in all that in a high-volume transaction environment?

Requiring businesses to give their customers an *option* to route payments via the escrow may be nice for specific types of transaction.

Escrow only caters for a subset of the possible services for which someone might 'hand over' bitcoins in expectation of a set of services.
The point at which actual 'payment' occurs and value changes hands is service specific.  


How you can require 'at no additional cost' I don't know. Even with pure Bitcoin transactions there will ultimately be fees.
Maybe all you meant is that when the business and customer do both choose to use your escrow - the business doesn't charge an additional fee above what the network charges?
If so.. sorry for my rambling above, but it wasn't clear :)


P.S nice to see the 'about us' improvements on the UABB site.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: jayfitt on August 01, 2011, 12:34:13 AM


2) Businesses need to provide faxed copies of their operating licenses/business certificates. If they are not a registered business but a home-business, they need to provide multiple proofs of identity including a physical address for product return claims to be associated with, and a phone number to be connected with technical support.


In the spirit of trust and transparency, it would benefit the community if we had some of this information from you as well.

The domain names uabb.org and uabci.org have been registered anonymously. And the email m_wright@hanmail.com, which is associated with baok.or.kr, has bounced back as undeliverable.

I love this idea and it could really benefit the community, but with everything that's been happening lately we need more. Are we supposed to trust one anonymous person on the internet because another anonymous person says they are legit?

For trust, we need total transparency in the organization that is handing out these accredations.

EDIT: don't take this post the wrong way. It's not meant to be accusatory. These are valid concerns!


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Christian Pezza on August 01, 2011, 03:46:47 AM
I just find out about MB down!!! What happen if some BTC got send to my account when the site is down? they got lost? they may could be sucked in and bye bye new digital coin?

I see so many good people in this new event of BTC but there is always that ass have to ruin the party!!!



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: julz on August 01, 2011, 07:53:15 AM

...
Seriously. You should be educating consumers to look for this information first - so you need to have it yourself.


...
Oversight or not, you have the right idea. Btw, I'll stop working on the redmine server configurations and put up that about page since you brought it up. :)

Well this is embarrassing for me.
After taking you to task on this issue - I realize I'm guilty of attempting to do business with a bitcoin site that gives no more than a support email address.  Bitbills.com

Normally - for my non-bitcoin purchases - I've been pretty careful about checking out who I'm doing business with. I think the fact that I saw one of the bitbills guys appear on Bruce Wagner's bitcoin show, made me let my guard down!

However I'm hopeful that bitbills will do the right thing by anyone caught up by the problem that they were using mybitcoin as a payment processor.
They have a great product and a good reputation that is no doubt worth protecting.

They really should provide more info about their operation though. For bitbills to ever be accepted by the general public, they'll need to have some idea of who the issuing company actually is!







Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: FXRiot on August 01, 2011, 08:19:03 AM
I'm creating a business account on your page now.

Edit nvm your links seem broken

And I think folks from now on shouldnt trust anyone who isn't public/active in the community.  Because most serious businesses absolutely are.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on August 01, 2011, 08:22:41 AM
@ Matthew N. Wright : open your own thread if u want to advertise your company/service.

instead of wasting your time becoming a member of uabb.. rather opt for a truebusiness ID from geotrust or one of the many extended validation ssl providers, they will audit your information and make sure you are who you say you are.

This is about mybitcoin.com being offline, not about your own service.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: the founder on August 01, 2011, 02:49:06 PM
If it were an honest service.. there would be a notice or something..

closing down.. and keep quiet is no way to run a company.

problem with bitcoin is the majority of the services have no standards or any kind of proper business knowledge. Honest opinion its very mickey mouse.

That's exactly the reason behind starting the United Association of Bitcoin Businesses (uabb.org (http://uabb.org)). Check it out.

Not a bad idea,  I wanted to register flexcoin there but it won't let me create an account :(   literally clicking on the buttons wouldn't open any forms.



Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Christian Pezza on August 01, 2011, 03:26:17 PM
I'm creating a business account on your page now.

Edit nvm your links seem broken

And I think folks from now on shouldnt trust anyone who isn't public/active in the community.  Because most serious businesses absolutely are.

Apologies. I'm migrating my server and experience some issues as well as being in the middle of developing the backend. Expect it by next week. Thanks for your help FXRiot. I'm really impressed by the work you did for us this last week.

instead of wasting your time becoming a member of uabb.. rather opt for a truebusiness ID from geotrust or one of the many extended validation ssl providers, they will audit your information and make sure you are who you say you are.

I think you don't understand our services, but I can only blame myself for having not finished the site yet. Geotrust provides 'verification' and SSL certificates. We provide standards to the entire Bitcoin community, escrow and dispute mediation services, ratings systems for consumers and merchants, fraud alerts, and function as an investigative body for fraud in the Bitcoin community. Does Geotrust even accept Bitcoin? Let me know when they do.


@ Matthew N. Wright : open your own thread if u want to advertise your company/service.

...

This is about mybitcoin.com being offline, not about your own service.


Couldn't agree more. Apologies for the derail.

I love this guy :)
I mean not literary  :-[ 


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Acejam on August 01, 2011, 06:07:06 PM


The domain names uabb.org and uabci.org have been registered anonymously. And the email m_wright@hanmail.com, which is associated with baok.or.kr, has bounced back as undeliverable.
1) They aren't registered anonymously, they have an 'anonymous' whois information hiding service enabled by default through CINFU. I'd disable it, but I don't see any point in having it on there. All relative and updated information is on the site itself. How does everyone feel about that? I'm open to change on that point of course, especially if it helps a community be more at ease.

2) I don't know where it said "m_wright@hanmail.com", if it did, that's a mistype. My Korean-only email address is m_wright@hanmail.net. Hanmail doesn't have a .com registered, and it is operated by daum.net mail services. I use that email for registering for things in Korea (they really are not friendly to foreigners registering things and only NOW allowing non-IE browsers to view most major website -_-;;; Technological country my ass. Any foreigner to Korean who has ever tried signing up for something online and been told that their resident number doesn't work or that they need to fax a copy of their passport before signing up, even for a free email account, will understand my frustration and contempt.)



So let me get this straight - you're an American living in Korea with anonymous WHOIS informaiton and have your sites hosted on an oversold OpenVZ server in Germany that's run by a company in Seychelles? (read: Africa)

Yeah - you and your whole UABB deal definitely sound legit....



NO. Never trust anyone because they SAY they are legit. In fact, never trust anyone period. We are not here to issue 'trust'. We are here to provide a direction that will reduce the friction in the community, raise the standards of the businesses in said community, and a means of settling disputes if need be. None of these services exist right now as far as I know.

Not us: "I'm gonna starts me up uz businez accreditation kumpany and kawl it UABB! HYUK!".
Us: "Wtf @ all of these people getting scammed. Someone has got to design a launchpad to promote better standards if we ever have a chance of succeeding with Bitcoin".

Why must you keep referring to yourself as "us"? The only person behind that monitor of yours is YOU. You're a one man show.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on August 01, 2011, 07:27:44 PM
Contact one for the manufactures in korea or taiwan and have a batch of 100+ made for you.

You can even get them to stick 2x 6870's per a pcb. which would work out the same cost as a 5850 and return more mhs.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: Acejam on August 01, 2011, 07:37:28 PM
Off-topic (even moreso) but, would you be willing to give some advice on purchasing some cards for mining? We (Distributed Computing Korea, that is) are using the ATI Radeon HD Saphire 5850 1GB currently but it is almost completely sold out across Korea, and the only remaining choices are a few 512MB versions and some other random 5000 and 6000 series cards.

Are there better choices in your opinion than the 5850 if you're planning on installing 100+ per building?


6990 - Go big or go home.

People will reply to my comment and complain about how expensive they are. Yes, they cost more up front initially. However, if you go with cheaper and less powerful cards then you'll need more of them, and will therefore need more motherboards, hard drives, RAM, CPU's, PSU's, and more. Not to mention, the hassle of administrating 100+ machines vs. 50 machines.


Title: Re: MyBitcoin.com - hosting provider: leaseweb.com
Post by: xcooling on August 01, 2011, 07:49:04 PM
Yeah it really is.. comes down to money .. you have it, they want it.

100 gpus @ us$150 = us$15 000

Contact jetway, had really good dealings with them in the past.

 Jetway Information Co., Ltd.
 Address: Ltd.9F., No.207, Sec. 3, Beixin Rd., Xindian City, Taipei
 Tel: 886-2-89132711
 Fax: 886-2-89132722
 Web: www.jetway.com.tw
Info: sales@jetway.com.tw
 Support:technic@jetway.com.tw

--------

BTW: price per mhs .. 5770 cant be beaten, also it is the most efficient in mhs per watt