It really is too bad that there are so few investments.  Hopefully it'll pick up soon - this just shows how important referrals are.

No, not really.  Someone else stole them.  It is very unlikely that it was BrainWallet's operators who stole them, so it simply can be concluded that you just used a weak passphrase to generate the wallet.

The problem is that BrainWallets don't implement a random number generator in any way.  That's the thing that pretty much every other wallet implementation has in common - they don't trust the user to supply the piece that everything is generated from.

People confuse 20 random characters with simply 20 characters.  20 characters, if they're common words, is not safe.  That's a totally different discussion, and is not basic math.

No, Brainwallets are pretty much completely unsafe.  Doesn't matter the password, they're just a bad way of storing bitcoin.  Use a WarpWallet with a big passphrase or something that takes more effort to generate.  The Brainflayer program really proves this.

Different type of brainwallet.  You seem like the kind of person who shows up at a crane convention, and while everyone else has a little bird, you show up with this giant crane for lifting things.

The brainwallet in this case refers to those generated by Brainwallet.org (which uses SHA256(passphrase) to generate the private key).

No, you're completely missing the point.  The problem is not that it's insecure.  There are web-based implementations of Electrum (not called Electrum, but exact same technology).  The problem is that the key generation method for a BrainWallet is completely flawed (in both theory and implementation).  It doesn't matter that it's web based.  Yes, web based wallets are less secure.  But a well-implemented web wallet can beat out a shitty desktop wallet any day.  Green Wallet is a great example of a great implementation, because their code is very JS-based, and very little actually happens server-side.

Totally fair, always better safe than sorry.  The goal was just to help the panicking noobs with getting their 0.01 BTC out of their BrainWallet.  Of course if you're an investor and have $10k in a BrainWallet, get some help transferring it to a Trezor.

I'm a litle bit insulted that you'd suggest we're going to steal people's bitcoins if they use our site.  We strongly suggest that people use the "Download ZIP" button at the bottom of the page, and generate the private key offline as they should know to do for larger amounts of bitcoin.  You can do a comparison of our code on our website with the code from the second most recent commit on the BrainWallet GitHub (the most recent commit before the code was removed), and you'll clearly see that it is the exact same (except for some minor changes in the index.html file).  If you have any other questions or comments, please let us know!

People are having problems with BrainWallet.org.  If you would like to learn more about why it closed, and its current safety in the community, please refer to this post here: https://bitcointalk.org/index.php?topic=1148611.0

If you have coins in a BrainWallet and would like to withdrawal them, please go to http://brainwallet.bitforwarder.com and use the generator hosted there to get the private key and send the transaction, as the original BrainWallet site is now closed down.

What is the BrainWallet string used to create that address?  I'll check if it's in his list of notable hacks.

In light of recent events, it has been proven that BrainWallet is now no longer regarded as safe.  At Defcon 23 (running August 6-9 2015), a whitehat hacker (named Ryan) released a program (codenamed Brainflayer) capable of checking 10s of thousands of brainwallets per second.  During his research, he discovered private keys for addresses that at some point held over 730BTC.  Many of the phrases were regarded as generally safe.  However, they were still cracked by his program.  BrainWallet as a whole is now being regarded as unsafe for use.  While experts have considered it unsafe for a long time, this is one of the first practical implementations that proves exactly how unsafe they are as a wallet choice.

Following the announcement and presentation of the software implementation, BrainWallet's website has been shut down.  The latest commit on their GitHub page removed the website and replaced it with a parked page, saying that the project is now closed.

However, there are still many safe BrainWallets.  As of now, it is recommended that you clean the balance out of your BrainWallet and into a safer storage method.  It is important to note that Ryan, the developer of this program, did not take any of the bitcoins.  He attempted to alert the owner of 250BTC that their bitcoins are at risk.  However, he has not personally gained anything from this, and works for the betterment of the bitcoin community.

While many BrainWallet cracking tools have existed over time, Brainfalyer is many orders of magnitude faster.  It uses Bloom Filters to effectively and quickly check if addresses have been used, which increases its speed.  Various other optimizations have made is very efficient as well.  In the next months, it can be expected that other hackers will be creating botnets, and various other large scale attacks against brain wallets.  It is no longer safe to use a BrainWallet.  Transfer funds out immediately!

The presentation regarding general information about the attack is available on Ryan's website.
The source code for the project is available on GitHub

If you are one of the lucky BrainWallet users who have not haven your bitcoins stolen, we have hosted the BrainWallet code on our website.  It can be used to transfer your bitcoins to a safer medium.  A Trezor or Electrum (cold storage) wallet is recommended for users with larger amounts of bitcoin.  They are easy to set up, and are many times safer than your BrainWallet.  To use the BrainWallet software, go to our website's hosting of BrainWallet.  For smaller amounts of bitcoin, you can use the website implementation itself.  For larger amounts, click the "Download ZIP" button in the footer of the website.  From there, you can generate the private key and transfer your bitcoins before theft occurs.

Please do not take this warning lightly.  Over 730BTC were available for theft thoughout the history of BrainWallet.  Please ensure that your bitcoins are not part of the ones that are taken in the future.  Save your bitcoins today, and transfer them to a safe storage system such as a Trezor or an Electrum Cold Storage wallet.

The amount that gains you isn't that great though.  Plus, what if that same person keeps investing for 2 or 3 weeks.

BetaRigs just acts as a proxy to connect your miner to a renter's pool.  It would not be possble to check for such attacks.  Also, this bot is for owners, so it would not be working to prevent owners.  It aims to achieve two simple goals: notify you when your rig is now, and adjust the rig's price over time.  It really doesn't do anything else currently.

This is free to use...what makes you think we're charing for it?

Leasing out your rig on BetaRigs can get you an extra few percent profit above mining straight for a pool.  The only problem: you have to monitor and update your rig based on the relative price of other rigs.  We have designed a set of tools that alerts users when their rig goes down, and automatically updates the rig's price based on the current market price (+/- a user-defined percentage).

Our quick and easy interface, available on our website, makes it easy to enable our bot for your rig.

Currently, the project is not open source.  However, if we receive a few donations we would certainly consider releasing it as open source to allow others to set up the cron jobs on their own computer, and manage it yourself (just in case you don't trust us with your API key).  If you ever have any questions, we're here to help!  Donations are always accepted: 1MF7hKShzq2iSV9ZZ9hEx6ATnHQpFtM7cF!  Enjoy, and happy mining!

Yes it is, more people need to invest!

Most people are making a dollar or two off investments, and have multiple investments going.  Plus it's not like you have to put in effort during those 5 days.  So assuming it takes you ten minutes, and you do it twice a week.  4 dollars a week for 20 minutes of work is $12 an hour for playing with bitcoin!

I disagree, there are plenty of active investments, and many are continuing to make such investments.  The game is still alive and going!

No, the game is not dead.  It's possible that they have a bug that's preventing it from changing, or maybe people just haven't been investing enough to make it actually change.  Either way, the game is still going strong.