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Author Topic: PicoStocks, bitcoin stock exchange  (Read 28387 times)
kaerf
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November 18, 2013, 03:23:01 PM
 #81

i seemed to have stopped getting "arming" emails, so i can't withdraw or trade...is it just me or is it happening for others too?
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The network tries to produce one block per 10 minutes. It does this by automatically adjusting how difficult it is to produce blocks.
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kaerf
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November 19, 2013, 04:10:45 PM
 #82

Emails are out, but emails can get lost for a while due to spam war.
I can try moving the emails to a server with a higher reputation.
I will also add an option to disarm the account with a signature. ... need few days for this.

hmm...still not getting emails from picostocks. i don't think it's in my spam folder either and i don't see any indication of rejection on my end.
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November 29, 2013, 09:54:03 PM
Last edit: November 29, 2013, 10:10:09 PM by MPOE-PR
 #83

PicoStocks is down for a while and will remain like this for sure over the weekend.
Funds from our hot wallet and cold wallet account have been stolen

http://blockchain.info/address/1NzM1bdTKuK9z3pQUCc1raXPezYUenSNWj
http://blockchain.info/address/12RAM7r4EraZ5ESU5QJwe8sS3gj3YYEgpF

There is no sign of an intrusion into the systems. Both wallets were located on different computers. We suspect that these have been copied by people who had access to the system in the past and decrypted.

This is of course a serious loss for the company, but we expect no losses for the users. the funds collected on user account will be returned.
We will have to create a new hot wallet and we will change all PicoStocks addresses for all users, but the rest will remain as it was. We will open the system when we have positively reviewed the security and collected the funds for the users :-( Maybe in 1 week from now :-(

Told you so.

You're exactly the scumbag thief I said you were, back in Spring.

PS. Hey muppet community? This is the story of your loss.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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November 30, 2013, 05:23:10 AM
 #84

Please don't worry.
We will get more by mine.

XBC:B7jR5zX8pBpyjyrcMMiYCQyLVLC6YZjFYh
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November 30, 2013, 10:23:55 AM
 #85

Please don't worry.
We will get more by mine.

We won't get more if they get stolen again.

Let's stop trying to run an exchange and move to direct shares.

Any project of this size should have security audits done by professionals who can be fired/sued for negligence.


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Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
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November 30, 2013, 12:25:31 PM
 #86

Inputs.io 2.0?

"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks"
😼 Bitcoin Core (onion)
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November 30, 2013, 08:15:00 PM
 #87

Please don't worry.
We will get more by mine.

We won't get more if they get stolen again.

Let's stop trying to run an exchange and move to direct shares.

Any project of this size should have security audits done by professionals who can be fired/sued for negligence.

I agree with this statement.

Direct payouts instead of hot/ cold wallet would be ideal.  I had over 13btc in picostocks...and .75 btc in my balance...just when I was starting to have more faith in it (and trying to be optimistic) some more crap happens.  Suffice to say in this game there will always be greed and crap happen.  Self mining and self holding for oneself seems to be the best way.  It was a great idea, however from here on out I think I am going to stop investing in picostocks unless we can have this issue rectified immediately.

kaerf
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November 30, 2013, 08:25:09 PM
 #88


Any project of this size should have security audits done by professionals who can be fired/sued for negligence.

Security professionals do not take on that liability. There is no such thing as 100% security and contracts are drawn up to reflect that. That said, it is proper due diligence for a decent sized company to hire external security people to assess a company's code, network, policies and procedures.
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December 02, 2013, 09:40:43 PM
 #89

Any updates?
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December 02, 2013, 11:53:49 PM
 #90


Any project of this size should have security audits done by professionals who can be fired/sued for negligence.

Security professionals do not take on that liability. There is no such thing as 100% security and contracts are drawn up to reflect that. That said, it is proper due diligence for a decent sized company to hire external security people to assess a company's code, network, policies and procedures.

Security firms can most certainly be (and often are) sued for malpractice/negligence/incompetence.

Because of this liability, they pay a lot of money to insurance companies for coverage.

The lack of 2FA and offline (actually cold) cold wallets are their two most glaring fuck-ups.


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█████████████████████████
██████████████████████
█████████████████
██████████

Monero
"The difference between bad and well-developed digital cash will determine
whether we have a dictatorship or a real democracy." 
David Chaum 1996
"Fungibility provides privacy as a side effect."  Adam Back 2014
Buy and sell XMR near you
P2P Exchange Network
Buy XMR with fiat
Is Dash a scam?
russ
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December 04, 2013, 11:01:40 PM
 #91

Back up for me and all working!
MPOE-PR
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December 05, 2013, 08:15:25 PM
 #92

Back up for me and all working!

This is not the place for cheering on stuff that you don't grasp.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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December 05, 2013, 08:33:59 PM
 #93

Back up for me and all working!

This is not the place for cheering on stuff that you don't grasp.

I grasp it's back up, and it's working. What is your problem?

Are you ever positive about anything which isn't MPOE?
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December 06, 2013, 01:19:01 PM
 #94

I grasp it's back up, and it's working. What is your problem?

Are you ever positive about anything which isn't MPOE?

Define working.

And yes, I am. Your lack of reading ability and experience do not determine anything about me. They determine something about you.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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December 20, 2013, 12:47:35 AM
 #95

I grasp it's back up, and it's working. What is your problem?

Are you ever positive about anything which isn't MPOE?

Define working.

And yes, I am. Your lack of reading ability and experience do not determine anything about me. They determine something about you.

You confuse ability with will. From the few posts I've read of yours, it's a common pattern.
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December 21, 2013, 12:40:13 AM
 #96

You confuse ability with will. From the few posts I've read of yours, it's a common pattern.

Nah, refusing to read the seminal stuff of that which you profess to be interested in ultimately comes down to ability. I'd recommend getting over it; bitcoin isn't one of those fields where you can play pretend and end up unscathed.

My Credentials  | THE BTC Stock Exchange | I have my very own anthology! | Use bitcointa.lk, it's like this one but better.
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January 08, 2014, 03:33:54 PM
 #97

PicoStocks will be down till Tuesday.

It's now Wednesday. Is there an update?
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January 23, 2014, 02:00:27 AM
 #98

hi..
i invest a lot of coins ipicostocks.
and i have a little problem..
is there any possibility to change my stored bitcoin address?

greetz
lan
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January 30, 2014, 04:20:29 AM
 #99

who need pico shares @0.0455 BTC???
now on picostocks!!
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April 23, 2014, 04:42:09 AM
 #100

How about the coint??
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