I'm not clear - does smoothie have the option to buy at $11 at the end of October, or the obligation to do so? i.e. can he elect to just pay the 25% and not take the coins without breaking terms of the contract?
Nope. I gotta buy 50 btc at $11 each. And likewise, jcpham has to sell them. Either party breaks it, I'm going to see if Maged thinks that's grounds for a scammer tag. Sounds about right. Scammer tags are applied to people who break a contract and don't attempt to resolve the issue in good faith. As always, we don't ban scammers. In order to allow enough evidence for a possible scammer tag, be sure to either publicly post the bitcoin addresses involved and other proofs of payment, or message this info to a trusted scam investigator. Normally, the escrow agent you chose would also qualify, however, I don't know anything about arij... |
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Trying to convince people who already "know" is pointless. My prediction if someone tries is a whole bunch of trolling, cursing, name calling, and eventually the thread gets locked and nobody (on either side) changed the opinion of anyone else in the thread.
Not to mention get pretty high on Google. If there's one thing to keep in mind, it's this: the more responses a thread gets, the better Google rank it will have, especially if it's on a major site. The last thing we want to do is is promote a thread that's negative towards Bitcoin. |
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At this point I am hoping they at least finish paying out the 50%. This hacking incident could have been avoided if they decided to pay everyone earlier in the game. They basically sat on thousands of bitcoins for 2 months telling everyone they did not want any mistakes to occur during the claim process. Evidently now they have lost 30% of their money. This is completely retarded. If they weren't so overly paranoid during the claim process they might have lost 5%-10% through overpaying. Even if they were overpaying, I consider it interest with them holding on to so many customers funds for so long. Now they lost 30% to some random hacker.
That's what really gets at me with this whole process. If they would have just let Zhou handle the payouts with his imperfect methods, we'd all have had more money in the end, and the Intersango guys would not have wasted entire months manually processing the claims. |
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I have also been harassed by staff/mods here for DARING to point out that they are trolling in a thread, only they like to call it an "off topic post" and then ban you for questioning the king. If it was a staff member, ignore them. Some of the recent staff were brought on for specific reasons unrelated to moderation. If it was a non-local-only moderator, then that's different. Feel free to report off-topic posts, even those by staff and mods. I know that I've accidentally posted off-topic before, and another mod ended up fixing that mistake, so it happens. Just before that I was banned for "excessive bumping" before it was even written down as a rule! I even went out of my way to ask what the limit is and followed it AND WAS BANNED ANYWAY!
Again, I apologize for that. I didn't communicate to our administrator that you had specifically asked that question until after the fact. |
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It is my understanding that theymos won't read any PM unless he already has a copy of the PM that was revealed by one of the parties involved. All he does is verify that the copy of the PM wasn't modified.
This is the reason why we always have to ask someone involved for a copy of all correspondence when we get a scam report.
If you're worried about him snooping on your PMs, though, feel free to GPG encrypt your communications or use an external messaging system. That being said, I don't know how theymos would have the time to randomly read a bunch of people's PMs, anyway.
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Turns out, GPUmax deposits are sent to BS&T. That makes this flow almost worthless, information wise, and the audit of BS&T even more impossible.
That being said, the reason for the 10% fee on using GPUmax is now absolutely clear: your coins are perfectly laundered, in ALL respects. However, this hasn't made enough income for Pirate to pay for BS&T, not by a long shot.
You get freshly minted coins directly from a pool. How could they be anything less than perfectly laundered? Are you stating the obvious here or am I missing something? Yes, you are. If we pretend that the purchases were sent directly to GPUmax, you could potentially correlate that with what was mined by knowing when the deposit was made, and how big the deposit was. By adding BS&T, though, it becomes impossible to know whether the funds were sent to BS&T or GPUmax. You'll still know the when (after a few days when you can identify that the coins were sent to a BS&T deposit address) and how much, true, but you won't know if the coins were immediately withdrawn or sent to GPUmax. It adds uncertainty. Additionally, it keeps the miners happy because they won't likely end up with tainted coins - instead receiving BS&T coins (remember that Pirate only accepts direct deposits from highly respected members?). With the possibility of P using GPUMax as a customer to launder BS&T coins to take off with this boils down to the question of how much hashpower there is on GPUMax / how much coins go through GPUMax.
Maged, would it be possible to deduct GPUMax "active" throughput from the 10% fees? Yes, and just like how anybody could potentially use GPUmax to launder coins, so can Pirate. Remember, GPUmax is profitable, but it cannot sustain BS&T alone. As for finding out how much Pirate has personally laundered, that's impossible. He could easily correlate any BS&T deposit with his own laundering, making it appear as if the deposit was actually a GPUmax purchase from the outside. |
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That being said, the reason for the 10% fee on using GPUmax is now absolutely clear:
you mean he should let people use GPUmax for free? On the contrary, I'm saying that how well GPUmax can clean coins makes it worth the fee. If anything, he could raise the fee. |
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Ill grab the next one, pretty sure this one is in capable hands with panda.
Did keep an active on this thread since posting previously.
Just so everyone knows, Clipse is officially handling the Wnd case. Thanks! |
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Don't worry, the guy is legit. He just doesn't take customer service very seriously. You'll get your VPN eventually (at most a few days), though.
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Turns out, GPUmax deposits are sent to BS&T. That makes this flow almost worthless, information wise, and the audit of BS&T even more impossible.
That being said, the reason for the 10% fee on using GPUmax is now absolutely clear: your coins are perfectly laundered, in ALL respects. However, this hasn't made enough income for Pirate to pay for BS&T, not by a long shot.
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Isn't this just like when person(s) pay the the shakaru collection fund? If I don't setup an explicit wallet, people will see outputs that go to my other things and the shakaru distributions will come from other sources. Basically, it isn't necessarily shakaru in->shakaru out. Am I missing something here? No, you pretty much have it, which is why I haven't claimed that this is a bad sign. However, I don't know what a payment to buy work off of GPUmax looks like to compare against. If all of said payments are sent to BS&T deposit addresses, there's nothing fishy here (other than a convenient excuse that allows Pirate to hide his own laundry with transactions that don't correspond to any GPUmax deposits). What would be scary is if normal deposits to GPUmax were directly sent to GPUmax's wallet, despite this massive flow between the two systems. Some of you guys seem to have purchased from GPUmax. Could I get your deposit address? |
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One more time before I give up: IT DOESN'T HURT IF THE CRACKER DOESN'T KNOW THE SALT So my original post was accurate. Security through obscurity. One should assume the attacker knows everything but the secret. Using publicly available information and semi-private information alone is a bad idea, yes, but it can add a few bits of entropy if you use it along with a good secret. Hell, just the order that the information is used is worth 1-2 bits of entropy (depending on how much information you include). Also, passwords as a whole are security through obscurity, so we might as well just give up, then, because we have to assume that all attackers know the secret, too. |
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(1) It wouldn't account for the whole volume of the rally yesterday (20k from 7.25 to 7.9)
(2) He could still only withdraw 40k BTC, so he might as well not touch the dollars...
The hacker could have converted all of the remaining USD after the 40k was withdrawn to bump up the price, allowing them to sell bitcoins from the previous hack that were already fully laundered at a higher price. Nobody from Bitcoinica has told us that this didn't happen. |
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Is it a problem if the wallets of both services are one and the same, as long as the book keeping is separate and accurate?
They aren't. Funds are explicitly flowing from BS&T to a completely separate GPUmax wallet. |
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I only have one question for Consultancy: "How do you know the hacker got the MtGox password from LastPass and what its master passsword was?"
As always, Zhou is the only one who actually has answers: I received this email. I was still in the verify@bitcoinica.com mailing list. I believe that the theft happened much earlier and no one discovered. No one cared about this spammy-look email either (or they don't check their mailbox). From: Bitcoinica Sucks < bitcoinicasucks@hotmail.com> To: verify@bitcoinica.comDate: Friday, 13 July 2012 3:39:55 AM Subject: Bitcoinica is done THANK YOU FOR YOU SOURCE CODE. BITCONICA IS NOW OFFICALY DONE! LASTPAS PASWORD: c02e1a27-5524-449f-ba65-aff9581ddedc |
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Why not just give the funds to Pirate, wait a month and have it back to 100%. Also after that month let Pirate keep it to give out to who he thinks is owed. I trust him way better than intersango at this point. Fuck it, they might as well at this point. The remaining funds will be hacked shortly, otherwise. Better to invest in a (suspected) ponzi than to just give it away to the hackers. Because they WILL get it. The Bitcoinica team is just too incompetent not to give it to the hackers. |
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Ah what the hey, 1@1
Umm... I don't know if we can allow you to just lower your bid like that... |
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I found an ad with "http//https//" + "site url" and this isn't a valid url and throws an error saying invalid url.
There's no manual review of ads before they're placed? That's BEYOND dangerous. |
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What's the going estimate of how much Pirate has taken in, not counting any interest? BTC100,000? BTC200,000? No clue? Have some of his clients revealed their payments?
Between 100k and 300k btc, and that's just with the information that we have. He could easily have more. |
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