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Author Topic: What's the story with the recent theft?  (Read 1193 times)
Minsc
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September 06, 2011, 07:36:17 PM
 #1

Where was it stolen from?

Most of the rumors indicate it was Mt. Gox that was hacked somehow.

At one time Mt. Gox rolled back transactions.  But then what happens when people withdrew all their money and coins before the rollback?

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September 06, 2011, 07:37:43 PM
 #2

You'll get free money and be rich.  Cool
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September 06, 2011, 07:37:46 PM
 #3

Where was it stolen from?

Most of the rumors indicate it was Mt. Gox that was hacked somehow.

At one time Mt. Gox rolled back transactions.  But then what happens when people withdrew all their money and coins before the rollback?

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.


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September 06, 2011, 07:37:57 PM
 #4

Where was it stolen from?

Most of the rumors indicate it was Mt. Gox that was hacked somehow.

At one time Mt. Gox rolled back transactions.  But then what happens when people withdrew all their money and coins before the rollback?

Bitcoin is the land of many thefts... which one do you mean?

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September 06, 2011, 07:39:00 PM
 #5

Phishing. Nothing new.

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September 06, 2011, 07:47:24 PM
 #6

this is old news, but i heard some silk road users were phished for a small amount also.  to bad theses hackers dont invest time pumping up the value of bitcoin. its so low right now that they're not even worth stealing. 



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September 06, 2011, 07:49:56 PM
 #7

I am not sure it is old news.. because another user posted some messages from tux on IRC that
he thought more stolen coins were being sold. I really did not expect that to happen as I thought
they were all sold. Thus the strange volume we saw over the weekend. Like an individual selling
every few hours. Just hammering the price down by selling thousands of BTC at a whack. Wait
an hour.. boom another big chunk.

but this is just speculation so far.


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Minsc
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September 06, 2011, 07:57:46 PM
 #8

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.


mybitcoin had their coins stolen over a month ago.  I don't know with allinvain is recent or not, but the gay rich movie producer who lost his costs had them gone a month ago too.

So I don't think these are the recent thefts.

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September 06, 2011, 08:28:07 PM
 #9

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.


mybitcoin had their coins stolen over a month ago.  I don't know with allinvain is recent or not, but the gay rich movie producer who lost his costs had them gone a month ago too.

So I don't think these are the recent thefts.

then what rumors did you hear? I have not heard anything about mtgox having another issue since they
had a major issue a while back.


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September 06, 2011, 08:30:39 PM
 #10

Buy on rumor.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
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September 06, 2011, 08:31:32 PM
 #11

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.


mybitcoin had their coins stolen over a month ago.  I don't know with allinvain is recent or not, but the gay rich movie producer who lost his costs had them gone a month ago too.

So I don't think these are the recent thefts.

then what rumors did you hear? I have not heard anything about mtgox having another issue since they
had a major issue a while back.

https://bitcointalk.org/index.php?topic=41632.0

But this looks pretty much like the user being the main part of the problem.
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September 07, 2011, 12:30:13 AM
 #12

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.

People used those events as an excuse for a rapid drop in bitcoin's value a month ago.  It can't be used twice (we're only talking about tens of thousands of bitcoins, after all).

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September 07, 2011, 12:52:27 AM
 #13

Bitcoins are dropping because they're stablizing at maybe $1 per coin.  Then they will hold at this price over the long term and we can have a real economy instead of a roller coaster ride!

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September 07, 2011, 02:45:43 AM
 #14

Mybitcoin.com had a large amount of BTC stolen from it.
A user named, allinvain, had a large amount of BTC stolen from him.

those two alone count for 50,000 BTC and higher? I think so.


mybitcoin had their coins stolen over a month ago.  I don't know with allinvain is recent or not, but the gay rich movie producer who lost his costs had them gone a month ago too.

So I don't think these are the recent thefts.

then what rumors did you hear? I have not heard anything about mtgox having another issue since they
had a major issue a while back.

https://bitcointalk.org/index.php?topic=41632.0

But this looks pretty much like the user being the main part of the problem.

The amount that user had was barely enough to scratch the surface of what was sold over the holiday weekend.
I watched 10s of thousands being sold in the roughest of manners. Sell a couple thousand. Wait an hour. Sell a couple
of thousand. Repeat.


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September 07, 2011, 02:47:48 AM
 #15

Bitcoins are dropping because they're stablizing at maybe $1 per coin.  Then they will hold at this price over the long term and we can have a real economy instead of a roller coaster ride!

People said stability was going to be found at $25, $20, $15, $10, and no way will it ever possibly go below $5.  Why should $1 see a stabilization?  Many people (most?) got into bitcoins to make money.  Burning electricity to make bitcoins was fun.  It's not so fun when it costs more in power, hardware, cooling and depreciation than retrieved in bitcoins.

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