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Author Topic: mybitcoin down or just me?  (Read 30802 times)
bitcoinBull
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July 31, 2011, 08:55:58 PM
 #61

One should store one's bitcoin in an offline wallet.  Using an online wallet service defeats bitcoin's beautiful purpose (that its decentralized and not seizable).

Hopefully, fund losses to centralized exchanges and deposit services are minimal.

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Oldminer
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July 31, 2011, 09:03:57 PM
 #62


That really sucks! Dammit.  Some of us tried to warn you guys jeez.  

+1

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ball4thegame
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July 31, 2011, 09:40:42 PM
 #63

has mybitcoin.com responded at all yet?  Angry
nopasaran
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July 31, 2011, 09:47:26 PM
 #64

And now bitomat.pl is dead - 17k(?) of bitcoins gone(?)
such a wonderful weekend...
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July 31, 2011, 10:06:26 PM
 #65

And now bitomat.pl is dead - 17k(?) of bitcoins gone(?)
such a wonderful weekend...

WTF is going on ?
Is this some kind of coordinated attack, or just coincidence ? I find it hard to believe in coincidences.

FYI, Bitomat.pl was the largest Polish exchange, and simultaneously 3rd in the world.

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July 31, 2011, 10:23:57 PM
 #66

so much scamming....... i don't feel comfortable doing anything other than trading on the exchanges with it because of all the crap i hear about and getting screwed out of a small bit on my first trade, it's sad =/

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July 31, 2011, 10:26:11 PM
 #67

And now bitomat.pl is dead - 17k(?) of bitcoins gone(?)
such a wonderful weekend...

WTF is going on ?
Is this some kind of coordinated attack, or just coincidence ? I find it hard to believe in coincidences.

FYI, Bitomat.pl was the largest Polish exchange, and simultaneously 3rd in the world.

Given the number of businesses in rush-to-market mode in the bitcoin community - I'd say coincidence.
Security and business processes across most Bitcoin start-ups are likely to be immature.

This sort of thing is disappointing, but shouldn't be a complete surprise.
It's only made worse by the fact that it's such an adversarial environment to operate in.
Not only are there competing services, but the systems effectively hold 'cash' on their hard drives, which of course attracts the cyber bandits.


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July 31, 2011, 10:30:47 PM
 #68

This has CRUSHED my confidence in BitCoins. So many attacks, it is obvious that this is not ready for serious investment yet, WHY???

Luckily, Johnny was not involved with these scam artists so nothing was lost. But who is next, Who can you trust in this dog eat dog world?

Johnny B)
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July 31, 2011, 10:49:09 PM
 #69

If only we had some kind of currency system that would make these centralized points of failure obsolete...
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July 31, 2011, 11:10:07 PM
 #70

so much scamming....... i don't feel comfortable...

This has CRUSHED my confidence in BitCoins. So many attacks, it is obvious that this is not ready for serious investment yet, WHY???

not saying scamming is good, but you guys reminded me of a beautiful quote (seen it the comments of some bitcoin related blog article):

Quote
To me the Wild West is a place of great opportunity, fierce competition, and unencumbered innovation. Of course, the flip side is that in Wild West you face risks and dangers that are absent in the old economy. You are responsible for your own protection against those dangers. Fail to protect yourself, and you will probably get pwned. There will be no nannies you can run crying to, and nobody will bail you out. But as long as you take the necessary precautions to minimize those risks, the Wild West can be a hugely rewarding place to be.
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August 01, 2011, 01:13:38 AM
 #71

This has CRUSHED my confidence in BitCoins. So many attacks, it is obvious that this is not ready for serious investment yet, WHY???

Luckily, Johnny was not involved with these scam artists so nothing was lost. But who is next, Who can you trust in this dog eat dog world?

This changes nothing about Bitcoin, and in fact this risk has been here all along and, aside from the fact that Bitcoin is the commodity in question, happens with every other thing under the sun. It should, however, shake your confidence in online wallet services.

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kiba
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August 01, 2011, 01:21:31 AM
 #72

And I hope we all move all our money to some place else where they have dedicated staffs and multiple communication lines.

paid by who? afaik mybitcoin did not charge anything, there was no income to support dedicated staff.
if it is a one man show and someone else did his homework and visited him first, he might have been hijacked. attack vector via the site operator, hope he is alive.

otoh after their previous poblems with server performance and not being accessible few weeks ago (mid June, site was up but login did not work) he at least wrote a few lines note about the ongoing upgrade on the first page which worked back then. what is strange is that the June maintenance was about adding servers and it looks like they only use 1 ip address. this should not be a problem to arranche a load balancing device that would mask the whole bunch of servers behind one address, it's just strange that not even the first page shows up. hope it's just a technical problem still and the site operator is on vacation not knowing about the problem.

https://forum.bitcoin.org/index.php?topic=17411.0 the June thread

Pretty please let hope that. And I am going to find a better service.


One man operation, no dedicated support staff is not worth the freebies.

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August 01, 2011, 01:28:28 AM
 #73

And I hope we all move all our money to some place else where they have dedicated staffs and multiple communication lines.

paid by who? afaik mybitcoin did not charge anything, there was no income to support dedicated staff.
if it is a one man show and someone else did his homework and visited him first, he might have been hijacked. attack vector via the site operator, hope he is alive.

otoh after their previous poblems with server performance and not being accessible few weeks ago (mid June, site was up but login did not work) he at least wrote a few lines note about the ongoing upgrade on the first page which worked back then. what is strange is that the June maintenance was about adding servers and it looks like they only use 1 ip address. this should not be a problem to arranche a load balancing device that would mask the whole bunch of servers behind one address, it's just strange that not even the first page shows up. hope it's just a technical problem still and the site operator is on vacation not knowing about the problem.

https://forum.bitcoin.org/index.php?topic=17411.0 the June thread

Pretty please let hope that. And I am going to find a better service.


One man operation, no dedicated support staff is not worth the freebies.

There's no reason to believe this was a one man show or that there was no support staff. Income was generated by text ads.

Granted, they weren't very good at their job...

Still around.
Meatpile
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August 01, 2011, 01:35:15 AM
 #74

This has CRUSHED my confidence in BitCoins. So many attacks, it is obvious that this is not ready for serious investment yet, WHY???

Luckily, Johnny was not involved with these scam artists so nothing was lost. But who is next, Who can you trust in this dog eat dog world?

It was never suppose to be an "investment" it is  suppose to be a parallel option to traditional printed money, where you pay other users fees instead of massive evil banks.
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August 01, 2011, 01:46:08 AM
 #75

I'm worried about the effect of this on the bitcoin PR machine.
Specifically - Bruce Wagner and onlyonetv's  bitcoin show.

Love him or hate him - he does get the message out there.
Unfortunately that message has often included mention of mybitcoin.

It's bad enough to lose one's personal holdings - but it's another level altogether when you introduce friends/family and small business owners and they then lose their money based on your recommendations/advice.   (even if it's not strictly 'advice' - and you did hint that it was a bit 'wild-west')

I feel for him and anyone else in a similar situation.
I do think Bruce has been a little too starry-eyed in some cases (e.g suggesting bitcoin 'seems to only go up' , and talking of potential huge values) but overall he's been doing a great job.  

Whatever the final outcome with mybitcion - I hope Bruce and the team will continue with the show and their efforts to cast light on all things bitcoin.


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August 01, 2011, 01:49:16 AM
 #76

There's no reason to believe this was a one man show or that there was no support staff. Income was generated by text ads.

True, that  was my assumption, based on the cliche of a smart programmer who started a site and when it became popular and heavy duty, s/he was not prepared for that.
I never noticed the text ads. Taking the number of users/visitors into account, this could have been a source of income to cover the operation costs of the service.

And maybe it's Satoshi and Tom Williams is just another pseudonym and this is a lesson about centralizing stuff in a decentralized system. Last time someone was pointing with a finger to MtGox (for the same reason, too big, too central) and suggested a DDoS to prove his point, he suddenly became very unpopular and when a DDoS happened, he was forced out of business. If not forced, at leas he earned lot of hate speech. I dont believe Tom and Satoshi are the same collective but wouldn't it be ironic?

You can't build a reputation on what you are going to do.
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August 01, 2011, 09:23:49 PM
 #77

$ host mybitcoin.com
mybitcoin.com          A   83.149.112.133
$ host www.mybitcoin.com
www.mybitcoin.com      A   83.149.112.133
$ host 83.149.112.133
83.149.112.133 does not exist, try again
$ ping 83.149.112.133
PING 83.149.112.133 (83.149.112.133) 56(84) bytes of data.

--- 83.149.112.133 ping statistics ---
2 packets transmitted, 0 received, 100% packet loss, time 1000ms

--------------------------------------------------------------------

IP nullrouted to counter a DDoS attack, I hope ....
Or Website changing it's IP address ...

But that doesn't sound good, I think :/

(Sorry for my English, I'm French)

macman31 - "The French Pool" pool op

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NothinG
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August 01, 2011, 09:42:28 PM
 #78

$ host mybitcoin.com
mybitcoin.com          A   83.149.112.133
$ host www.mybitcoin.com
www.mybitcoin.com      A   83.149.112.133
$ host 83.149.112.133
83.149.112.133 does not exist, try again
$ ping 83.149.112.133
PING 83.149.112.133 (83.149.112.133) 56(84) bytes of data.

--- 83.149.112.133 ping statistics ---
2 packets transmitted, 0 received, 100% packet loss, time 1000ms

--------------------------------------------------------------------

IP nullrouted to counter a DDoS attack, I hope ....
Or Website changing it's IP address ...

But that doesn't sound good, I think :/

(Sorry for my English, I'm French)

macman31 - "The French Pool" pool op
I don't think figuring out that an IP is null-routed is that easy, but I think you're on the right track.

Code:
Microsoft Windows [Version 6.1.7601]
Copyright (c) 2009 Microsoft Corporation.  All rights reserved.

C:\Users\NothinG>tracert mybitcoin.com

Tracing route to mybitcoin.com [83.149.112.133]
over a maximum of 30 hops:

  1     1 ms     1 ms     1 ms  192.168.1.1
  2     *        *        *     Request timed out.
  3    -HIDDEN-
  4    -HIDDEN-
  5    -HIDDEN-
  6    20 ms    36 ms    20 ms  74-202-42-253.static.twtelecom.net [74.202.42.253]
  7    21 ms    17 ms    22 ms  dal2-pr2-xe-2-2-0-0.us.twtelecom.net [66.192.241.78]
  8    47 ms    47 ms    69 ms  ash-bb1-link.telia.net [213.155.130.70]
  9   166 ms   142 ms   165 ms  ldn-bb1-link.telia.net [80.91.246.69]
 10   136 ms   144 ms   168 ms  adm-bb1-link.telia.net [80.91.245.107]
 11   137 ms   150 ms   134 ms  adm-b4-link.telia.net [80.91.253.154]
 12   135 ms   136 ms   152 ms  leaseweb-ic-129604-adm-b4.c.telia.net [213.248.91.222]
 13   136 ms   135 ms   155 ms  te5-4.sr1.sbp.leaseweb.net [62.212.80.45]
 14     *        *        *     Request timed out.
 15     *        *        *     Request timed out.
 16     *        *        *     Request timed out.
 17     *        *        *     Request timed out.
 18     *        *        *     Request timed out.
 19     *        *        *     Request timed out.
 20     *        *        *     Request timed out.
 21     *        *        *     Request timed out.
 22     *        *        *     Request timed out.
 23     *        *        *     Request timed out.
 24     *        *        *     Request timed out.
 25     *        *        *     Request timed out.
 26     *        *        *     Request timed out.
 27     *        *        *     Request timed out.
 28     *        *        *     Request timed out.
 29     *        *        *     Request timed out.
 30     *        *        *     Request timed out.

Trace complete.

C:\Users\NothinG>
Seems that either the server is offline or the IP is in fact null-routed.

macman31
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August 01, 2011, 09:57:43 PM
 #79

I just have a "free" IP address, from my VPS location service.
It's not linked to a VPS yet.

---------------------------

$ ping 78.47.46.46
PING 78.47.46.46 (78.47.46.46) 56(84) bytes of data.

--- 78.47.46.46 ping statistics ---
2 packets transmitted, 0 received, 100% packet loss, time 1002ms
$ host 78.47.46.46
46.46.47.78.in-addr.arpa domain name pointer static.78-47-46-46.clients.your-server.de.

---------------------------

So the host is down (not linked to a server), but the IP is still resolved.

macman31

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BitcoinBug
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August 01, 2011, 10:31:24 PM
 #80

I'm worried about the effect of this on the bitcoin PR machine.
Specifically - Bruce Wagner and onlyonetv's  bitcoin show.

Love him or hate him - he does get the message out there.
Unfortunately that message has often included mention of mybitcoin.

It's bad enough to lose one's personal holdings - but it's another level altogether when you introduce friends/family and small business owners and they then lose their money based on your recommendations/advice.   (even if it's not strictly 'advice' - and you did hint that it was a bit 'wild-west')

I feel for him and anyone else in a similar situation.
I do think Bruce has been a little too starry-eyed in some cases (e.g suggesting bitcoin 'seems to only go up' , and talking of potential huge values) but overall he's been doing a great job.  

Whatever the final outcome with mybitcion - I hope Bruce and the team will continue with the show and their efforts to cast light on all things bitcoin.

+1
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