Your bitcoins have been sent: https://blockchain.info/tx/ba62c5c3c30fc3b0f69d7e8e3369c0b6b0f345d6d593d9f2d956bf666dc5ab1c

Thank you!

Thanks guys! Everyone with an approved post and comment has now been paid!



Plus I sent out extra bonuses to a few good workers!

Thanks guys! Everyone with an approved post and comment has now been paid!

Thank you @Gleb for this fascinating investigation and thanks to the BCT moderators for not censoring this dramatic revelation.

Everyone above with an approved post or comment has been paid!



You guys are all winners! We're going to make this the greatest Facebook group that Mark Zuckerberg has ever seen!

The following posts will no longer be approved.

--  posts that are news links with headlines copied as the title (use your own words to describe link.)
--  posts or links that have already been shared to the group.
--  posts from repeat members that only make paid posts and don't otherwise comment or participate in the group.
--  Posts that don't add any value to the group.
--  Posts from Facebook account that are fake in inactive.
--  Posts that are in broken English and/or difficult to understand.

Not only are we going to build the greatest 'Bitcoin' Facebook group, we're going to build the greatest overall Facebook group ever! This means that each of us should think about how we're adding value to the group. Members that are hard working will receive bonuses and other rewards beginning immediately.

Good point!



One day I would like to meet the person that wrote that wiki page. lol

Yes, bitcoin has competition. I think it's probably in the most competitive emerging technology space since the early 90's and the days of early internet.

And unless bitcoin can get its development house (aka core dev team) in order it will be left behind in the dust.

I might have missed something but it does seems that if Bitpay was sending millions in BTC, they would have only done so to a "known bitcoin address" already existing on file for customer transfers. It's hard to imagine any competent/sane individual sending that volume to a fresh unknown address(es) based on an email request alone.

Everyone with an approved post or comment above has been paid!

You guys are doing such a wonderful job building this fantastic Bitcoin group. I really enjoy reading all the posts and comments. Keep up the great work! Please remember that you are encouraged to actively participate in the group while you wait the 7 days to make another paid post of comment.

Payroll wages have now been paid to all active Goldcoin workers for the week of September 13, 2015.

https://coinsplit.io/scheme/381/

Correct. It was due to limitations in Bitcoin cybersecurity 10 months ago.

"... advances in bitcoin cybersecurity over the last year allow BitPay to further protect funds and better serve merchants and bitcoin users."

Let's all be thankful that these advances have since been achieved.

I think if the bitcoin core devs can put their ego's aside and work together, this project could be a total success.

I wish the /r/bitcoin moderators would utilize reddit's upvote/downvote system more often.

This would allow the bitcoin community more input into what is relevant and what is irrelevant. If posts are deleted, then this voting power is nullified.

Bitpay has just released an 'explanation' has to how this mistake happened.

"... advances in bitcoin cybersecurity over the last year allow BitPay to further protect funds and better serve merchants and bitcoin users."

https://blog.bitpay.com/last-years-theft/

It was because of flaws in bitcoin's security at the time of the incident.  

Tony Gallippi and Marcel Roelants of Bitpay.com shared their expertise on RT today.

https://www.rt.com/shows/keiser-report/315680-episode-max-keiser-811/

Gallippi (Bitpay CEO) mentions how easy it is to send money using Bitcoin. Yeah, you can send millions in a matter of seconds!

This news did happen yesterday. The incident might have happened several months ago, but these events were concealed from the public until late yesterday.

And this information never would have seen the light of day had Bitpay decided not to sue the insurance company.

Read pages #34-35 here: http://media.bizj.us/view/img/7016312/bitpay-2.pdf

Atlanta's Bitpay Inc. got hacked for more than $1.8 million in bitcoins.

According to a lawsuit filed Sept. 15 in federal court in Atlanta, in December 2014, Bryan Krohn, Bitpay's chief financial officer, got an email from someone purporting to be with a digital currency publication asking Krohn to comment on a bitcoin industry document.

Unknown to Krohn or Bitpay, the email sender's computer had been hacked, and the hacker sent the phony email that directed Krohn to a website controlled by the hacker, where Krohn provided the credentials for his Bitpay corporate email account, according to the lawsuit.

"After capturing Mr. Krohn's Bitpay credentials, the hacker used that information to hack into Mr. Krohn's Bitpay email account to fraudulently cause a transfer of bitcoin" valued at $1,850,000, the lawsuit says.

According to court documents, the transfer was a total of 5,000 bitcoins in three separate transactions.

The fraudster got access to Krohn's email, allowing the fraudster to review Krohn's communications "to learn specific details about how Bitpay transacted business," according to the lawsuit. The fraudster then sent emails to Bitpay CEO Stephen Pair purporting to be from Krohn, asking Pair to transfer 1,000 bitcoins to a Bitpay customer's "wallet," which he did.

A short time later the CEO received a second email requesting the transfer of another 1,000 bitcoins, which he did.

The next day, the imposter sent another email to the CEO asking him to send an additional 3000 bitcoins to the customer. The CEO emailed Krohn to confirm the request, and the imposter sent back an email saying the transfer was valid. The CEO then sent the bitcoins.

The scam was apparently discovered because the CEO copied Bitpay's real customer on the final email about the transfer of the 3,000 coins, and the customer then replied back that they did not purchase the bitcoins.

Bitpay tried to get its insurer to cover $950,000 of the loss, but in June the insurer declined to pay. Bitpay is now suing the insurer.

To read the complete lawsuit, click here. To see Bitpay's insurance policy, read why its insurer has rejected Bitpay's insurance claim (including a detailed play-by-play of the hack), and read emails about the insurance dispute, click here.

In March, the Technology Association of Georgia recognized Bitpay as one of its Top 40 Innovative Technology Companies in Georgia for 2015.

Full Story: http://www.bizjournals.com/atlanta/news/2015/09/16/atlantas-bitpay-got-hacked-for-1-8-million-in.html

It's $10.00 every week for as long as you're employed, plus periodic bonuses paid in GLD.