This is an interesting stand on that.

In other cases I know, it varies.

If someone would say tap into your phone line and make your number call these high-payment numbers (that cost x10 or x50 more per minute), then it is no excuse and still the person needs to be pay the due bill.
Even if it is just a regular person, versus hackers and versus big telecom.
Not saying that this is good thing. This is probably bad that it works this way especially as phone (land line) user can't really be at all responsible or can at all defend from someone tapping into cables box near his home.

Same thing with viruses popular in older days which called a high toll numbers from computer modem - dialers. But perhaps there where exceptions, not sure how it worked in most jurisdictions.

Sleeping over it, I thing most juts thing to do would be if any hacked exchange in this position, e.g. mtgox here, would reverse trades, then refund all lost income to people gaining on the fall, then try to find and sue the hackers responsible or sue other responsible.

In mtgox case, I would "kill" the auditor already. And sue the crap out of him.

Questions arise

1) Was it a private auditor brought in voluntarily by mtgox, or was it some forced, government thing to audit your company?

2) what with few people gaining with say @10 trades, @12 trades, @15 trades and so on

This is awesome - it should be possible to make exchange of BTC, and much more options too (say. emit own put-options, or own "bonds" that would work like a loan, etc).

And, the messages should be able to one day work as totally pure, separate, contracts.

So that everyone can verify that user Foo indeed placed some Ask on BTC (or bonds or other money instrument), and everyone could verify if site, like exchange site, delivered what was promised. All PGP signed or alike.

Then we can all be investigator if any exchange or site or seller/buyer would not deliver, while still being decentralized  

And we can audit without this "auditor" that leaked entire user DB to internetz while auditing

What you written is so stupid that my head hurts.

1. E.g. I pay ALL TAXES ON BITCOINs - you make it sound like FUD that BTC is "tax evasion money". Bullshit.

2. "from gambling instead producing real value" - so you call everyone that made fortune on 0.1->0.8  or 0.8->5 or 5->15 value increases not "early adopter" or "brave investor"(that risked often thousands on USD to buy BTC or on mining rigs to make this network work);
But basically you call us all (big traders, ArtFortz, Donators like da2ce7) - greedy gamblers, and in true communist style you imply it is bad to get richer on capitalistic ventures?
You know what, fuck you for saying such BS about BTC and community.

Voters Y U not commenting

You seem to like money regulated by some community, lets call it a government since it's governing.
Why at all use bitcoin then.

This is how it usually works with BTC, buying low and selling high.

It was lower then usual for some traders indeed, but it's not his fault so crazy low offers where placed.

 
"Online Currency Bitcoin Ge..."
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Sorry about that.

Really guys upload to Freenet like a man.

2nd link works still

Actually, many accounts could be hacked not just the ones with so week passwords it would seem.

Anyway, the problem is also what with people that bought normally say @14 or @12 - they are also being rolled back it seems?

Is it a comics to the whole "that buyer is the hacker [probably] lets kill him now" situation

Assuming simple "reminding by email" and so on would not give expected result, and that it would seem many people also have same problem.

This is NOT just about mtgox specifically. With growing BTC popularity we can expect more and more incidents.

Btw. please do comment on your choice, Im curious what the most experienced and known users have to say too, not just the summed stats

+1

Guilty until proven innocent, eh?

You 'libertarians' should be buying your government trust bonds or something, not trading new liberal currency

Are you sure MagicalTux is FR, not just their European SEPA transactions partner company?  (Not that this is too important, just curious)

If he is the hacker then hopefully he will be eventually found guilty by a just court based on actual strong evidence.

It's really more the case of market with paintings, where the market owner and staff totally messed up the price tags (or: leaved the doors unlocked overnight and allowed it), and now don't want to give out the money and paintings from already completed trades.

I would care to remember that prices at this market can't be trusted, even if they just drop by -20% or -50%, I can't be sure isn't it another messup and another "rewind" is imminent. Perhaps you would not care and keep trading there as nothing happened.

What is wrong with you people and bad examples.

You bought some painting at low prices. It turned out someone got drunk and messed up price tags. Well ok, but this is their problems not yours imo.
Especially if we are talking of reversing already done deals.

That said, Im just saying what imo would be most just and nice free liberal market...
In mtgox place I would probable do the same if I wouldn't have liquidity to eat up all mess I caused...

Bullshit. What about people that just arrived to bitcoin.  What about people that bought @1.00 ? what @2? @5? @12 ?

Thoes are not "phones", thoes are art paintings. One day worth 1 usd another 1,000,000 USD. You are not required to know.

Also, what with traders @12, trades @10, trades @5, trades @14 ... all deales are supposed to be reverted.

No, just the phones had really low sticker prices on them, and the selling system is fully automated.

As I customer I don't give a fuck who's fault is it that some phones where allowed to be moved into other part of the shop, or between shops or something - especially that the same System/Person is responsible for allowing the initial steal and later trading of it.


EDITED (appended):

Btw. nice example with the mindcontroll chip.
But here the obviously fraudulent operation of taking over accounts was connected to unknown operations - buy and sell orders, some of them legit, some not, we will never know for sure.

I guess I would also rollback in place of mtgox, but what is the right thing to do is to eat the bullet and repay everyone. But that is nor possible probably since mtgox would need to have around 400,000 USD or so liquidity.

Or perhaps settle with the buyer, and slowly repay him over next 10 years using 5% monthly profit or something, and be known as the most trusted exchange ever that will always eat the bullet and never let down any customers about transactions  (yea but its unrealistic..)

Really? To me it is more like watching group of man running from one side of market to another, and later buying some cheap used cellphones nearby seeing how there are tons of sell-offs.
You may be surprised about the prices, but actually this place is known for incredible price swings and unbelievable occasions.

Sure this looks sort of suspicious, but do we have independent "people's currency" to:
- make verdicts based on total speculation (at time of writing this post: coincidental close login times of hackers and the person that was able to made the cheap buy
- leak logs to hackers and Internet
- hand over logs to CIA/FBI

I may like mtgox (more until inexcusable horrible security was revealed), but above is really bad imo.