Regardless of if they work or not, these attacks are illegal in many countries. They are certainly illegal in the US, even when going after illegal targets. |
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Since nobody has jurisdiction over Bitcoin, I think there is no issue. Also your definition of "stolen" is my definition of "accidentally gave away" and again there is no body with jurisdiction to make binding findings on that matter, so its all pretty moot. Secure your wallet or don't use Bitcoin. It is truly that simple.
There is an issue. The issue is breaking into the computer that held the bitcoins. That is a crime in most countries. Stealing the information is also a crime in most countries. After the fact, and once the bitcoins are transferred, they are no longer the same bitcoins. While I would not want this to happen to me, I do agree with you that the transferred coins themselves, under a different private key, are no longer stolen. They are not even the same coins! We can talk about being tainted all day long, but once transferred it may be easy to think of them as stolen, but in technicality they are not. |
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WTF, where are the 7990's?
Probably not gonna happen. We can only hope though. AMD was having trouble meeting heat or power budgets for the card. |
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8800GT is newer and probably more efficient than the beast that is the 8800GTX! The GTX is far more powerful, but dude we're talking about a $10 difference on a 6 year old card.
You said it for me.  |
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i want 10 coins
Ok. Buying another off of eBay. |
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The charge that will appear on your credit card statement will be “PAYPAL * QUICKBIT”. If you place a chargeback or dispute a charge for any order that you placed and received (accidentally or intentionally), there will be a $150.00 research fee charged to your account upon our receiving the chargeback to cover our investigative expenses to prove that you did make the purchase. This is the first time I've ever seen anything like this. Will you be enforcing this policy to the full extent of your TOS? ~Bruno~ It is a pointless policy. If a PayPal account is stolen the TOS will not apply. Since scammers usually do not use their own accounts why bother threatening your customers? In the unlikely event that it is a real account holder attempting a chargeback they are going to say the account is stolen anyhow. You will never be collecting that $150 fee from anyone. |
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I didn't ask you to disclose your assumptions. I asked Inaba to disclose the source of this income.
Inaba doesn't seem to be interested in discussing it.
Why should the bitcoin community consider his whining if he doesn't want to discuss this issue in an objective manner?
WTF? |
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What is the golden mean for safety and speed of transaction? I've set my site at 3 confirmations IIRC. Is this too low?
6 is what most people use. 1 should be fin e for most transactions though. FTFY There has been no confirmed use of this attack in the real world. You should be stealing at least 50 BTC worth of something if you are using it. For things less then 50 BTC it makes no sense. For things where the site checks later and ships it makes no sense. Only for things delivered right away and where the site does not check again is this an issue. |
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Would anyone be interested in this? I am getting a 3d printer within the next 3 weeks and this just crossed my mind
mendelmax? If so, once you have it I would be interested in a set of parts, if competitively priced, to make one for myself. |
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Since it is a club, go for donations. If you don't, you will probably only break even. Try to get anything you can donated that you do not have, PS, MB, CPU, RAM and especially GPU. Even if you get a crummy video card donated, as long as it is 5830 or better it should be worth it.
If you have to pay for all of the parts other then what you have listed, you may not make any money at all, or not within half a year or more.
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Uggggg. So many mistakes and unclear statements in that article. |
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Finally there is a notice on bitcoinica.com for users not on This forum.
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It looks more and more like a criminal act the long and longer we wait for ANY real action from bitcoinica.
If zhoutong is not the owner, or a decision maker in that company, I don't CARE what he says. I only care what the OWNERS say.
But, wait. The ownership of bitcoinica is a secret? That suggests impropriety in the first place.
Owners and technical managers are silent? That suggests something is seriously wrong.
Yes, we're justified in making any kind of assumptions when the company in question still holds funds in the the form of what is now either a theft, or a "forced loan"
How many trades are taking place with our money right now while bitcoinica shores up it's personal losses to make good on everyone account balance?
Seriously, this smacks of some of the recent wall street type debacles. Trading with customer funds was one of my biggest concerns with bitcoinica. The longer they take with making good on the account balances, the more I suspect that this (criminal act) has taken place.
Considering that the attack came through an 'email server', I would assume the attacker(s) have the emails. So all the behind the scene information will be coming to light. (i.e. Expect Mass Leaks Soon) Unless, the 'owners' pay off the attacker(s) to not release said information. One wonders if they encrypted their emails between principle parties? I think you are reading too much into it. I a guessing AN email account was compromised that allowed for reset password into the server with the wallet. A simple page really should have been put up for now on bitcoincia.com There are so many easy ways of doing it, even if it just said, were were hacked, we will respond next week. Leaving nothing on that page for this long is not fair to the users. |
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Good luck-- I share your view that coming up with better ways of playing zero-sum games is not the way to make the world a better place.
The fact that this statement is coming from the 'lead developer' of Bitcoin does NOT make me feel good about the future of the Bitcoin project. Shows a complete ignorance of markets and economics. Epic epic epic fail.  The fact that Zhou thinks that such markets are a 'zero sum game' as well means that it is a good thing he is getting out. He doesn't even understand what he created. Sad. Gavin, Can you respond to this? -Charlie While I am not Gavin, and I do not believe that markets are a zero sum game, a lot of people do. I believe they provide a service, whether that be hedging or liquidity or something else. Services like bitcoinica provide financial infrastructure for the bitcoin economy. That aside, the fact is that bitcoinica did not create any immediate benefit, just a transfer of coins between parties I can see that point of view. Calling markets like bitcoinica a zero sum game is not a radical or even problematic viewpoint. Its just not YOUR viewpoint. |
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Not as much dough as I thought.
At 66 votes it looks over 25000 BTC.
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Are there other risks in the US with giving out your account number?
Fraudsters can make a fraudulent check against your account. They can connect a Dwolla account to your checking account. (this is harder now of course, they need to get online access to your bank statement) |
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