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Author Topic: Make No Mistake: MyBitcoin is NOT Back Up!  (Read 7363 times)
memvola
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August 05, 2011, 03:02:05 PM
 #21

It does not take time to make travel arrangements really, if you already have a passport, and with bitcoin the need to move money ahead of time is also negated.  

Also, if the accusation is running away with the coins, they would have already ran away even before the site went offline.

I hope the people who are involved continues with the investigation, and I wish them luck. But maybe we need to be more phlegmatic at this point.
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edd
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August 05, 2011, 03:14:21 PM
 #22

That really does not make sense though.  Any communications is a chance to create a leak.  Once someone decided to split and hide they would remain dark.
Not if the community already knows EXACTLY who you are...

You need time to make travel arrangements...  and move loads of money...

We must NOT give him that time.    The police nabbing him/them fast is the best chance of recovering all that stolen money.
Yes, but I don't see the point of constantly bashing him either. There is no definitive proof that he is lying about anything. As you have already stated on your program, he's been here for a longer time than most of us are, and there is reason to trust him/them. I had thought your live announcement was premature, and I think this ongoing talk about it still is.

By the way, does the community really know EXACTLY who they are? I mean, really... Considering the likely (or remotely likely?) scenario that they have really lost some of the coins, and want to work on saving their reputation, let's not destroy it beforehand. I still have respect for the MyBitcoin name, and will use their services if they recover. Also, otherwise, why would he even want to fix the problem?


For the most part, this is how I feel. Where we differ, however, is in the fact that I will not be using mybitcoin.com anymore - not for security reasons or fear of fraud, but due to the total disregard for customer concerns mybitcoin.com has displayed. If those running the site never visited these forums, then that was another mistake they made. To say their customer service is poorly handled would be an extreme understatement. Having any interest in their customers would necessarily require some interest in the discussions going on here. The statement released just a few hours ago doesn't even include an apology of any sort!

Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.

Still around.
jasonstx
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August 05, 2011, 03:47:45 PM
 #23

I would believe it alot more if they has simply redirected DNS to that exact page right when they shut down.  I would even possibly trust them if they asked for recommendations from the public on how to proceed.

An incident like this would have been a solid opportunity for an audit and collaborative security updates to make MBC a open and trusted ewallet provider.
Bruce Wagner
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August 05, 2011, 04:00:31 PM
 #24

Most information about their (not "his".... "their") identity has not yet been made public.   Obviously, international law enforcement are on the case big time.
GeniuSxBoY
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August 05, 2011, 04:08:11 PM
 #25

Tom williams is reading this.

It's like Osama  listening to the our military commanders discussing how we're going to capture him.


Bruce Wagner
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August 05, 2011, 04:08:36 PM
 #26

If the MyBitcoin posse has no ill intentions....  The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!
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August 05, 2011, 04:10:22 PM
 #27

Aren't they associated with a bunch of sleezy porn sites?
drgr33n
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August 05, 2011, 04:17:04 PM
 #28

Can I just ask what can be done about this legally ?
EconomicOracle
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August 05, 2011, 04:17:32 PM
 #29

Thomas has said that he's not stealing. But we believe he is, and that he is lying. We are Doubting Thomas.

GOOOOOOOOOOO BITCOINS!!!!!!!!!!!!!!!
Edit: Oops. Just fixed a typo. It should be GO (like GO TEAM!) and not GOOB
Edit2: Just checked the dictionary and goob is not a word
GeniuSxBoY
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August 05, 2011, 04:21:24 PM
 #30

Bruce, how many coins you got left? Did he take the majority of them?  Not all of them, I hope
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August 05, 2011, 04:35:34 PM
 #31

So if he is claiming they were lost to a hardware failure, where is the HD? Would he/they allow a forensic analysis?

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August 05, 2011, 04:46:53 PM
 #32

It's a shame how low and ignorant someone will go for the greed of money. Even though I had nothing on his service while everything was taken, still, I get a jolt of anger for such low scum like this.
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August 05, 2011, 04:51:43 PM
 #33

So if he is claiming they were lost to a hardware failure, where is the HD? Would he/they allow a forensic analysis?


Where abouts does it say that?
the founder
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August 05, 2011, 04:56:33 PM
 #34

The problem I have is this hurts the entire bitcoin community ...   it has far more widespread than just 25,000 coins here.. or a 100,000 or more coins there...    

It makes every bitcoin service look bad...  even if the other one is steller it appears to be crap in this new light.   He setback the entire bitcoin economy by at least a year or more.


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Mjbmonetarymetals
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August 05, 2011, 05:15:24 PM
 #35

Quote from MyBitcoin ""We will settle all accounts with a online claim process that we are currently in the process of working out.""

 Grin Grin Oh , it was all a bad dream , were saved I tell you , saved ....he's just been dissecting his servers , were all going to get 99.9% of our bitcoins back !!!!  Cheesy Cheesy (ironic-humour)

not the green hat gang after all then  Grin
memvola
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August 05, 2011, 05:25:57 PM
 #36

Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.
I have to agree to that, but FWIW, their customer relations was non-existent since the beginning. The problem is, this information doesn't propagate very well; people should have been aware of its limits. IMHO, it never was an establishment that could protect large amounts of cash. And that was the deal you were in, when using their service. MyBitcoin did its job and did it well, but it should have been obsoleted by better and more professional services long ago.

If someone else bought it (compensating all the lost reserves), and started operating it with a better customer service, would that eliminate the negative image? I think the name still has some value...

EDIT: Deleted unnecessary comment.
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August 05, 2011, 05:47:58 PM
 #37

If the MyBitcoin posse has no ill intentions....  The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!

No one who cares about privacy and security is going to agree to use skype.

the founder
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August 05, 2011, 05:50:52 PM
 #38

I just requested an interview with Bruce on Skype...    But I am not trying to hide....


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twobits
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August 05, 2011, 05:51:23 PM
 #39


Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.

Thats just it though, they had no customers.  They just had users.  Maybe a credit union type of set up where the depositors own the business would be a better model for it to run under?   Probably a discussion for another thread though.

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August 05, 2011, 05:56:16 PM
 #40

Most information about their (not "his".... "their") identity has not yet been made public.   Obviously, international law enforcement are on the case big time.

Ok, cause I read through the earlier links you posted and all they showed was things like a mail drop address was used, a certain type of hosting service was used,  and privacyshark was used etc.  All leads, that can help narrow things down, but all pretty hard to make much more headway on without real police powers (which bitcoin-police probaby does not have,  it is probably more likely bitcoin-watch)


Hope to see more information public soon, and people getting their coins back etc.


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