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501  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 11:28:40 PM

so he's returning the card out of the goodness of his heart and despite the fact he lost not only what he paid for the card but also money from his own wallet.


If I believed the other person needs it more than I do and was not responsible, I would.

Besides, if he was the thief and he returns the card, what has he gained? Just the BTC, right? They would both be back to where they started - Kennji would have his card back and the thief would have just stolen his own bitcoins back.
502  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 11:00:00 PM

There is no guarantee that the guy actually stole his BTC. Many wallet stealers won't take the funds right away but will wait until a sizeable amount is transferred into the wallet before it cleans it out.

This is what I am talking about. There is 90% chance that he did stole btc from OP, but still 10% chance that he did not. There is no strong evidence.


I would say even less than 90%.

Evidence supporting this person was the thief:

  • He had unrestricted access to the computer.
  • The funds were transferred almost immediately after he left.

Evidence against:

  • As Blazr mentioned, wallet stealers often wait until a significant amount triggers them into action and this address hardly had more than half a bitcoin in it before the day in question.
  • This person should have known that he would be the first suspected and that his victim could easily track him down.
503  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:44:12 PM

Easier than emailing it to him? Easier than getting a QR code from blockchain.info and letting him scan it? Easier than texting it to him?


What are you talking about? To get btc out of the wallet you need access to private key. You can not get somebody's private key from blockchain.info

There seems to be some misunderstanding.

I meant, Kennji had no reason to let him touch his computer. I thought you were saying that it was the easiest way to give him the receiving address to send the funds to. I now see you probably meant it was the easiest way for a thief to gain access to his wallet and you're right, it is.
504  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:35:44 PM
What I really don't get is why he had to do anything to your computer at all. There are so many ways to get your BTC address that don't require him even seeing your computer.

But to get to computer and copy wallet.dat to usb stick is the easiest thing to do, isn't it? I mean, even computer dummy can do this.


Easier than emailing it to him? Easier than getting a QR code from blockchain.info and letting him scan it? Easier than texting it to him?

That's like saying, "I owed him some money and the easiest thing to do was give him unrestricted access to my bank account and let him do the rest."

I plan on sending and receiving bitcoins from individuals at the San Jose conference and I guarantee that I will not voluntary give anyone access to my phone or laptop. Heck, I'll be able to receive bitcoins several different ways even if I don't take my phone or laptop!
505  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:18:12 PM
What evidence do you have that the guy who bought your card stole your btc? Your computer could be hacked any time you were sleeping.

Would be an amazing coincidence.

My wallet is ALWAYS open.  Since the day I got it ... it is always open.

All the sudden ... this guy comes over with his USB drive.  Starts doing a bunch of stuff.  Remoting in to his computer etc.

While I am in the kids room making sure they are not getting hurt while they are playing.

His daughter was jumping off my sons desk on to his bed.  So I went in there to make sure they did not get hurt and stop the jumping.

6 hours later ... my BTC are missing.

So to think my computer was hacked from the time that guy left to 6 hours later ... is a long, long, long shot.  Like, LONG shot.

Come on man lol it's pretty clear what happened here.

This guy could do anything to your computer while you were away. He could copy your private key and then use it to take your btc out of your wallet, and you can not say for sure if he did this or not. Technically, you can blame only yourself in this situation.

The fact that he agreed to return your card is suspicious though. If the guy is not guilty, why would he want to pay for your fault?
 

The BTC were actually transferred about one hour and forty-three minutes after they were first sent to this wallet.

What I really don't get is why he had to do anything to your computer at all. There are so many ways to get your BTC address that don't require him even seeing your computer.
506  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:10:31 PM
Why are you sending funds to a compromised address?  Very likely the attacker will see the new funds and instantly create a tx to spend them before you.  Now you simply put yourself in a race with the attacker for your funds.  Maybe you win but the attacker has nothing to lose.  He will gladly play 'race for kenji coins" all day everyday.



Well I didn't know that.

It is one transaction for .08 ... I will take my chances.

You suggesting I just reformat my computer and not even try to get the coins I mined?

All anyone is suggesting is not using that wallet anymore.

I'd at least try to get ABC Pool to change my receiving address before giving a thief an opportunity to steal more money from me.
507  Other / Beginners & Help / Re: My bitcoins have been stolen on: May 06, 2013, 10:01:38 PM
I should also ditch this wallet, right?

Oh yes, of course do not put another satoshi into that wallet and create a new one. Make sure you update withdrawal addresses on any pools etc

Not sure what you mean by satoshi but yeah I am deleting this wallet and reinstalling windows right now.

My only pool account is perm locked so I am cashing out my .08 BTC and hoping I can get it to an exchange before it magically disappears.

You just sent 0.08450933 BTC to the same address knowing someone else has access to it?! http://blockchain.info/tx/a26a61a018f41ddc50dc007adf93171761f70f2c1981fc94e6714f9a748f9d22
508  Other / Beginners & Help / Re: How often do you use Bitcoin? on: May 06, 2013, 02:01:01 PM
It'd be interesting to get more votes- anyone else?

Since you posted this in the Newbie section, you're probably going to get skewed results. I don't know how many established forum members/long time bitcoin users frequent these threads.

I run or help run several bitcoin sites so I receive and send BTC on a regular basis. On a personal level, I still use bitcoins just about every day: I play poker at Seals With Clubs, I paid for my registration to the conference in San Jose, I buy goods and services from other bitcoiners whenever I get the chance, I've done small jobs/completed tasks for others in exchange for BTC, I donate to Bitcoin100 and the charities it has convinced to accept BTC, etc.

I would use it if I had more, but im bitcoin poor.

Sadly, I'm also bitcoin poor because I spend almost as much as I receive.  Cry

I cheer myself up by choosing to believe that I, and others like me, are the reason the value of BTC is where it's at today.  Wink
509  Bitcoin / Meetups / Re: [ANN] Going to Bitcoin Conference 2013 San Jose, CA (Rollcall & Hotel Choice) on: May 05, 2013, 07:44:18 PM
Not sure what I expect to get out of it. But I figure, hey, I'm smart, have a tech background, and a multi-decade hate affair with the FED. Perhaps I'll find something to do.

Maybe you can chat about the weather?

Seriously though, I'm sure there will be some very interesting conversations taking place over that weekend. I'll be at the Hampton Inn and Suites about 2.5 miles away from the convention center. As of right now, it looks like it will be eMansipater, my brother, and I sharing a room.
510  Bitcoin / Press / Re: 2013-05-05 Bloomberg - Lenders May Create Bitcoin Rivals, Says NZ Bank Group on: May 05, 2013, 01:09:37 PM
Gossip and FUD from the media's finest minds:

Quote
Commercial banks may create digital currencies to rival Bitcoin, the virtual money whose U.S. dollar value collapsed by 46 percent in 24 hours last month, the head of New Zealand’s banking lobby said today.

Nothing FUD about it at all.

Did you read the article?

Quote
The currency still faces problems around legitimacy, Hope said. “They are being used to buy things like arms and drugs,” he said. “I suspect tax isn’t being paid on Bitcoin transactions.”

Sounds like FUD to me.

Quote

Bitcoin has nothing special to offer as a payment platform other than freedom from regulation.

So just because a financial institution could create their own version of bitcoin, it's "nothing special"? Does that apply to all open source projects? After all, anyone could examine the code and distribute their own.

Just because a bank could make their own alt coin doesn't mean it would fare any better than any of the existing alts out there now. In fact, I think the only thing that makes any of the alt coins successful at all is the chance to become an early adopter and mine them while it's profitable. I doubt a bank's coin would offer that.
511  Bitcoin / Bitcoin Discussion / Re: Is Bitcoin a Currency or Commodity? on: May 05, 2013, 03:33:47 AM
I try to avoid quoting myself but

I've been sitting on this for a while because I haven't wanted to get caught up in any of the currency versus commodity debates going on but I can hold my metaphorical tongue no longer.

Bitcoin shares many of the traits displayed by money, currencies, commodities, stock, credits, and other exchangeable items that economic infrastructures are built around, however, it transcends them.

The synergy Satoshi created by utilizing a hash based proof-of-work system verified by a peer-to-peer network is not adequately described by any of the previous terms in their current incarnations. Consequently, new rules, laws, business etiquette, security measures, etc. will all have to be built from the ground up, free from the old, cumbersome restrictions and antiquated mentalities lingering in this brave, new world.

This manifestation of an intangible, archtypal ideal is giving us glimpses through doors that even the least cynical of us have always believed to be locked. Even if Bitcoin does die, it has opened my eyes to wondrous possibilities that will live at least as long as I do.

And that, my friends, is how Bitcoin won my admiration and continues to enthrall me to this day.


https://bitcointalk.org/index.php?topic=49460
512  Other / Beginners & Help / Re: Welcome to Bitcoin Black Friday on: May 04, 2013, 08:31:57 PM
The average person understands physical theft though.  They know how to safeguard a wallet and keep valuables locked up into a safe.  There are a lot more people who still don't know not to click on suspicious links and keep their computers free from spyware and viruses.  Children and the elderly are especially vulnerable.  My 10 year old is always clicking on links, despite our repeated warnings not to install any software without asking us.  It seems like every few months or so, we're cleaning out her computer getting rid of junk that she shouldn't have installed.

It is truly amazing how many adults don't know not to click on strange links, especially those received in an email from a stranger.

Following the June 2011 Mt. Gox "incident", I, along with everyone else who had an email address registered with the exchange, received an email from a "concerned citizen" urging a movement away from Mt. Gox and increased usage of other exchanges and they included a link to the Exchanges category on my site, The Bitcoin List, which I had just launched. I went from getting less than 50 pageviews a day to 2,265 the day that email went out and almost 4,000 more over the next few days.

I was shocked. I thought it was strange and carefully avoided clicking that link and it was my site! I still shake my head when I think about it.
513  Other / Beginners & Help / Re: Welcome to Bitcoin Black Friday on: May 04, 2013, 04:43:28 PM
Quote
I agree with Alpaca John. I don't think most consumers rely on banks or credit card companies to protect them from businesses with shoddy products or poor customer service.

I guess you are right. It would depend on the merchant to right any wrongs, but if they don't, I just don't see any other safety net. What if your BitCoin wallet was compromised and someone purchased a lot of random services, or gambled it all away. Would it be up to the BitCoin wallet provider to correct this? The merchant? Or is it a "sorry about your luck!"? This is what I mean by the general population will not be so keen to the idea.

Again, using cash as an analogy offers solutions (albeit unsatisfactory). If your wallet get stolen out of your pocket, how would you expect to get it back? The fairest course of action would be to find the thief and retrieve it or have him repay you if he's already spent the money. While there may be ways to utilize the blockchain to help identify thieves or trace transactions after someone hat attempted to cover their tracks,  no one should assume it is built into the system.
514  Other / Beginners & Help / Re: Welcome to Bitcoin Black Friday on: May 04, 2013, 04:11:20 PM
Quote
Crypto currencies are still in their infancy. When the tech barrier for entry & use drops to the point where they become easy to use for the average consumer their value will explode.

In order for this to happen, there has to be some kind of regulation and rules. If the average Joe purchases an item with BitCoin and the item that arrives is broken, there is no way to file a claim in any way. The average Joe will want someone to go to in times like this. BitCoin being one way only, is a big problem for the average user, and scares them.

Which is also the reason cash has never worked. /sarcasm

I agree with Alpaca John. I don't think most consumers rely on banks or credit card companies to protect them from businesses with shoddy products or poor customer service. They might eventually try to have a charge reversed or declined but many will exhaust other avenues first, especially if the merchant they bought from is a large, well known entity with an historically long record of providing goods or services.

The most unsatisfactory characteristic, IMHO, of the BTC economy is that it's still too new to tell who is reliable and who isn't. Only time will tell.
515  Other / Beginners & Help / Re: Welcome to Bitcoin Black Friday on: May 03, 2013, 07:25:25 PM
You forgot that there is a bank holiday in Japan now - no fresh money for 4 days.

Read my lips - 4 more days!


Is this really true? Does MtGox close during bank holidays?
How come it's open 24/7 then?

Sorry if this is a stupid question, but I'm new to currency trading.

Banks are closed during bank holidays, including the one Mt. Gox uses to accept, transfer, and send your fiat. Mt. Gox is not a bank but they still have to use one to deal with fiat.

In other words, you can use Mt. Gox for trading 24/7, but if your cash is on its way in or out, you're subject to bankers' hours.
516  Economy / Services / Re: Logos / illustrations / graphic design & more for cheap BTC / LTC :) on: May 03, 2013, 06:45:31 PM
Sent you a PM.
517  Economy / Services / Re: Artists needed for experimental project on: May 03, 2013, 03:43:25 PM
I'm interested, especially if it's something similar to the cartoons in your signature. I enjoy making cartoons.

This is unrelated to Barely Legal Tender but style and content is completely up to you, so cartoons are okay.

PM sent.
518  Economy / Services / Re: Artists needed for experimental project on: May 02, 2013, 11:29:44 PM
Is this a paid position?

If so, I might be interested. PM me.

Good question. All I can say right now is, "it depends." Not very helpful, I know but I promise I won't ask for anything that requires a lot of time and effort unless you volunteer it.

PM sent.
519  Economy / Services / Re: Artists needed for experimental project on: May 02, 2013, 11:22:44 PM
PM sent.

Even if fanfare accepts my offer, I'm still be needing talented artists!
520  Economy / Services / Artists needed for experimental project on: May 02, 2013, 11:15:52 PM
I can PM anyone interested with more details, I just don't want to release too much information publicly before the official launch. I'm looking for visual artists of any and every type. Devote as much or as little time as you want. You can even use work you've done before that hasn't previously been released.
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