Question for the MtGox hacker.

[epi 1:10,000]

How did you do it?  Please give full details.  Was it just a standard SQL injection?  What tools did you use?

[grue]

1. took magicaltux for a drink
2. got him super drunk
3. gave him db password

[epi 1:10,000]

you mean 12345

[FractalUniverse]

my question is: why?

[ploum]

I would ask myself: why were you so dumb? You could simply send the bitcoins to one adress and, later, sell them slowly.

Why was there a huge crash like that?

[kwukduck]

@Ploum,
 I guess he wants to crash bitcoin...
And he's succeeding, other markets are crashing too now
Lets hope btc can recover from this...

[philipp]

I would ask myself: why were you so dumb? You could simply send the bitcoins to one adress and, later, sell them slowly.

Why was there a huge crash like that?

I suppose the MtGox withdrawal limit prevented her from getting the coins out of MtGox, so she did instead mess with the Bitcoin community for fun.

[hugolp]

I would ask myself: why were you so dumb? You could simply send the bitcoins to one adress and, later, sell them slowly.

Why was there a huge crash like that?

What people is speculating is that to avoid the $1000 limit of MtGox he sold to drop the price to 0.01 so he could remove as many bitcoins as he could.

[Durr]

I think the original hacker who hacked the MtGox database did not do this.

Instead he just looked the list out to some people. Which might have leaked it out further.

One of those in between probably felt like no being so sneaky and stealing people's money, but instead mess around hehe, oh and he did !

[EhVedadoOAnonimato]

What I find particularly hard to believe is that one unique account had 500K bitcoins in it. That's a huge amount, even for the very early adopters. Even if the person doesn't understand bullocks of computer security and didn't want to protect them by himself, with such amount, he could have hired professional consultancy on how to do it..

Unless its a super-rich (for whom 500k isn't that much) making money out of trading only.

[walidzohair]

I think such things will just make BTC more successful as in more mature.