I'm MtGox, here's my side.

[myrkul]

Don't get the FBI involved. That is all bitcoin needs is the FBI looking through shit. Lets just move on and please make sure to keep your shit secure so this wont happen again.

+1

[1714842675]

1714842675

[1714842675]

1714842675

[1714842675]

1714842675

[1714842675]

1714842675

[zpinto]

WHENS MTGOX GOING LIVE? ITS ALREADY MORNING IN JAPAN!!

Caps so you can read!

[jaybny]

a representative of an exchange

um.. he IS the exchange

[bitbot]

MagicalTux, I put an order in and bought 99 bitcoins legitimately when I sensed that the price would go down. Can I keep those, practically nothing compared to the pool of coins that Kevin posted.

[relative]

WHENS MTGOX GOING LIVE? ITS ALREADY MORNING IN JAPAN!!

Caps so you can read!

read the announcement, there will be 24 hours of no trading.

[zpinto]

WHENS MTGOX GOING LIVE? ITS ALREADY MORNING IN JAPAN!!

Caps so you can read!

read the announcement, there will be 24 hours of no trading.

Yes, but im talking about password changing!

[relative]

a representative of an exchange

um.. he IS the exchange

I get that. just worded it that way to underline how ridiculous it is that a multi-million-dollar business makes accusation based on 2 logins at around the same time, and backs it up with an even more ridiculous story about a 500kBTC account with a weak password.

wanna tell "your side"? tell all of it.

[Clipse]

Kevin had every right to do what he did, I know that 99% of you would jump at the opportunity if you executed the orders. Don't be jealous. We are all here for one thing to make money, stop pretending like your better than everyone else.

I guess I am better than most people if this is your logic.

I was live trading via API and if I wanted could easily place orders when those 0.01 sells popped up but I didnt cause the whole slipstream down from 17.5 I knew what was going to happen with any half decent(and I think mtgox is actually more than half decent) exchange, they would resolve it as it is clear to any halfbrained trader that something fked up was going on.

I am confident that Im not the only trader who didnt go for it since it seems magically Kevin was the only one(or atleast 95%) of the total sell order fill. If that is just luck, I would walk into a bank and demand all their money since bullets wouldnt kill me.

[Clipse]

a representative of an exchange

um.. he IS the exchange

Nice quote manipulation, I never even said: "a representative of an exchange"

If you plan to quote, refrain from editing and modifying with your own bullshit please

[jrmithdobbs]

For kevin's future defense and/or possible civil claims for MagicalTux's libel I kindly request that everyone capable of doing so perform the following before MagicalTux edits and/or deletes the contents of his posts in this thread:

After printing this page to a pdf:

Code:

shasum magicaltux-libel.pdf > magicaltux-libel.pdf.sha1
shasum -a 224 magicaltux-libel.pdf >magicaltux-libel.pdf.sha224
shasum -a 256 magicaltux-libel.pdf >magicaltux-libel.pdf.sha256
shasum -a 384 magicaltux-libel.pdf >magicaltux-libel.pdf.sha384
shasum -a 512 magicaltux-libel.pdf >magicaltux-libel.pdf.sha512
for f in magicaltux-libel.pdf*; do gpg2 -s -a "$f"; done
mkdir magicaltux-libel
mv magicaltux-libel.pdf* magicaltux-libel/
tar -cvf magicaltux-libel.tar magicaltux-libel
bzip2 -9 magicaltux-libel.tar
shasum magicaltux-libel.tar.bz2 > magicaltux-libel.tar.bz2.sha1
shasum -a 224 magicaltux-libel.tar.bz2 >magicaltux-libel.tar.bz2.sha224
shasum -a 256 magicaltux-libel.tar.bz2 >magicaltux-libel.tar.bz2.sha256
shasum -a 384 magicaltux-libel.tar.bz2 >magicaltux-libel.tar.bz2.sha384
shasum -a 512 magicaltux-libel.tar.bz2 >magicaltux-libel.tar.bz2.sha512
for f in magicaltux-libel.tar.bz2*; do gpg2 -s -a "$f"; done
mv magicaltux-libel.tar.bz2* 
mkdir magicaltux-libel-signed
tar -cvf magicaltux-libel-signed.tar magicaltux-libel-signed
bzip2 -9 magicaltux-libel-signed.tar

That is all.

[Horkabork]

The title of this thread really needs to be changed to "I'm MtGox. Please bitch at me or spout out paranoia-fueled conspiracy theories for the next 20 pages rather than use this opportunity to ask the man in charge non-idiotic questions."

Here's a non-idiotic question (oh Jesus, I hope!):
A dude in another thread would like to know if his bank transfer that was initiated BEFORE the flash crash will be honored.

Similarly, will withdrawals that were initiated after the flash crash be honored, or will Mt. Gox attempt chargebacks and such?

[wol-va-rine]

my guess is that MT can prove what time the $0.01 order went in (if not this post may be the most dumbtarded in the history of teh interwebz...lol), and IF so, that is suspicious as fuck, logging into an exchange that is currently over $17 and placing all your money on $0.01 buy orders before a flashcrash...lol

that is NOT a coincidence (if true)...

 

[Tasty Champa]

what about the fact I was being charged double the 0.065% the entire weekend on every trade?

[Synaptic]

The title of this thread really needs to be changed to "I'm MtGox. Please bitch at me or spout out paranoia-fueled conspiracy theories for the next 20 pages rather than use this opportunity to ask the man in charge non-idiotic questions."

Here's a non-idiotic question (oh Jesus, I hope!):
A dude in another thread would like to know if his bank transfer that was initiated BEFORE the flash crash will be honored.

Similarly, will withdrawals that were initiated after the flash crash be honored, or will Mt. Gox attempt chargebacks and such?

I'm sorry but this is a perfect time to mention what a dumbass MagicalTux is.

The lot of you, really.

Someone post that Commodus gif.

[mindtheft]

Wouldn't the correct approach to handling exchanges (ie FIFO orders) be to LOCK the table while an active order was being fulfilled?

If the hardware upon which the architecture was being run was sufficient enough, there wouldn't have been a chance for opportunistic bidders to buy @0.01 unless they had done so prior to the sell off. In lieu of that, a db level lock would honor the desired FIFO result. I would assume Mt Gox is set up this way and as such all attempts to place bids during the sell off would result in ~ "Another transaction is taking place." Again, assuming this is the case, this would invalidate Kevin (toasty)'s claim that he made a "lucky" bid in the midst of the sell off.

[silverman]

MagicalTux, I wanted to support you in this matter, but I learned a couple of disturbing things in this "my side" thread. Do I have this right:

You gave an outside party access to your customer's private information?

And then you called in the FBI?

If it is true, that you divulged our information, and caused it to be spread across the internet, then you are a moron.

But if you called in the FBI as you say you did, then I take it all back. Nobody is that fucking stupid. You are a Judas goat.

Google it.

[Batouzo]

my guess is that MT can prove what time the $0.01 order went in (if not this post may be the most dumbtarded in the history of teh interwebz...lol), and IF so, that is suspicious as fuck, logging into an exchange that is currently over $17 and placing all your money on $0.01 buy orders before a flashcrash...lol
that is NOT a coincidence (if true)...

Guilty until proven innocent, eh?

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

[Oldminer]

MagicalTux, I put an order in and bought 99 bitcoins legitimately when I sensed that the price would go down. Can I keep those, practically nothing compared to the pool of coins that Kevin posted.

Not if I can't

- Kevin

[wol-va-rine]

http://forum.bitcoin.org/index.php?topic=20278.0

lulz and shit...

this is getting interesting...

[finnthecelt]

Let me show you the login logs for our hacker guy on his account full of bitcoins, and Kevin:

Code:

[2011/06/19 05:00:02] Hacker login
[2011/06/19 05:12:10] Kevin login
[2011/06/19 05:15:10] Hacker login
[2011/06/19 05:22:35] Hacker login
[2011/06/19 05:45:39] Hacker login
[2011/06/19 06:08:18] Hacker login

I don't understand. Which account? Kevin and the hacker used the same account?

Yeah Please Explain this Jargon, And what is it that you're implying by it?

He is saying that Kevin logged in 12 minutes after the attacker logged in to start the attack.  Not damning by itself, and almost certainly a coincidence, but still a connection that needs to be followed up, particularly in light of how it all played out.

And placed a buy order at 0.01 USD per btc.

Right. The first login was a test. The second one the beginning of a plan. The subsequent the execution of said plan.

Good luck Kevin. Hope it was worth it.