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Author Topic: Lost money on MyBitcoin.com? Report it here. [UPDATE: funds recovered]  (Read 6590 times)
Cryptoman (OP)
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February 18, 2011, 04:46:08 PM
Last edit: February 18, 2011, 10:46:13 PM by Cryptoman
 #1

It looks like I am not the only one who has had money sent to MyBitcoin disappear.  Here are two transactions of mine (51.04 BTC total) which never showed up in my MyBitcoin account:

http://blockexplorer.com/tx/78a8f799ea97a55a875a9b281a096319a9706213ef2e1b2a6efd0e89ee018da3#o0
http://blockexplorer.com/tx/f07b101b1edc7cb7c4ab208b910d8008619834eded301d3ed7267e73265d4ac2#o1

The first one was a transfer from one of my miners and the second one was a pool payment from slush's pool.  I have been able to successfully send money from my MyBitcoin account (I cleared out my entire balance to a local wallet).  

I have sent them an email using the address on their contact page, but I have not received a reply.  I urge everyone using MyBitcoin to check recent transactions and verify that you are not missing anything.  If you are, please report it here.

"A small body of determined spirits fired by an unquenchable faith in their mission can alter the course of history." --Gandhi
theGECK
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February 18, 2011, 04:50:19 PM
 #2

I just made a thread in Technical Support about this very problem.

http://blockexplorer.com/block/000000000000a391dcde2ed396790ea61dbadf689eadd0834baa183315433691

A transfer from slush's pool to my account. Only 1BTC, but something I'd still like to have!

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February 18, 2011, 05:02:20 PM
 #3

I reported a lost transaction to them, and even pointed out block/transaction#, but never got a resolution:

Block # 107189: (last transaction in the block)
http://blockexplorer.com/block/000000000000aae9a8b32452334fbe6fb8a316e9b36b14ca033467f242feb9ec
Transaction info:
http://blockexplorer.com/tx/9c0c7594719ce5af293605d26aff95419af6cf9aeb5c9602039a0eae4ab41f0e

got scared, and pulled all my money back.
theGECK
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February 18, 2011, 05:08:22 PM
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Does anybody know of an alternative that would let me access from multiple computers? I do not always have access to mining machines because of work/travel/etc. I started a topic before finding this topic to ask this question. http://bitcointalk.org/index.php?topic=3598.0

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February 18, 2011, 06:21:22 PM
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Does anybody know of an alternative that would let me access from multiple computers? I do not always have access to mining machines because of work/travel/etc. I started a topic before finding this topic to ask this question. http://bitcointalk.org/index.php?topic=3598.0

mtgox works fine as simply a place to store bitcoins.

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theGECK
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February 18, 2011, 06:55:58 PM
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Does anybody know of an alternative that would let me access from multiple computers? I do not always have access to mining machines because of work/travel/etc. I started a topic before finding this topic to ask this question. http://bitcointalk.org/index.php?topic=3598.0

mtgox works fine as simply a place to store bitcoins.

+1 to you. I had always overlooked the ability to "withdraw" in straight BTC from mtgox.com.

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Cryptoman (OP)
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February 18, 2011, 10:45:18 PM
 #7

The missing 51.04 BTC mysteriously showed up just now in my MyBitcoin account, all in one transaction.  This is roughly 24 hours after the individual transactions were sent.  Strange. 

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February 18, 2011, 10:53:32 PM
 #8

Did you guys check the block number downloads?

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February 18, 2011, 10:57:36 PM
 #9

I just saw 3 transactions hit my SCI Receipt URL all at once. Something got backlogged over there or something???
theGECK
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February 18, 2011, 11:04:24 PM
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Funds received for me, but no email received for an explanation. Hopefully that's because they were trying to get it working instead of responding to emails.

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Anonymous
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February 19, 2011, 12:09:31 AM
 #11

A challenger appears

http://witcoin.com
 

You can deposit and withdraw and while your coins are sitting there submit content and maybe withdraw more than you deposited - think of it as a fun way to earn interest .

 Smiley

Bruce Wagner
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February 19, 2011, 02:14:24 PM
 #12

So....   Just to be clear...

Has EVERYONE who lost funds, now had them recovered?
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February 19, 2011, 02:23:13 PM
 #13

Does anybody know of an alternative that would let me access from multiple computers? I do not always have access to mining machines because of work/travel/etc. I started a topic before finding this topic to ask this question. http://bitcointalk.org/index.php?topic=3598.0

Put your wallet in an encrypted volume stored on Dropbox or somewhere else you can access over the Internet. Requires a bit more work and requires you to be able to run the client. Might introduce increased risk of loss due to user error, especially if you can't use symlinks.

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February 20, 2011, 04:56:42 AM
 #14

Does anybody know of an alternative that would let me access from multiple computers? I do not always have access to mining machines because of work/travel/etc. I started a topic before finding this topic to ask this question. http://bitcointalk.org/index.php?topic=3598.0

mtgox works fine as simply a place to store bitcoins.

Small amounts, yes.  However there have been some issues.  There were some break-ins where accounts were compromised.  MtGox made good on the lost funds to some degree to the satisfaction of those that lost a small amount of money.  This is to MtGox's credit since it was not entirely clear whether it was the user's fault, MtGox's or no one's fault in particular.  However, Vladmir had suggested that MtGox make full disclosure of the problem and what steps were taken to secure things.  I don't think this was ever done.  If it was, please say so and I stand corrected.  What would happen if MtGox took a bigger hit and lost more money than they could reimburse?  The owner only makes .065 percent on trades, so it would not take much of a breach to wipe both you and the owner out.  Your funds are not backed by the Federal Reserve like in  a bank.  Also, there are often liquidity issues where it takes time for him to fund his Liberty Reserve account with the US Dollars you send, again leading me to believe his profit margins a are small.  Nothing against MtGox.  I think it is the single most important site for the advancement of the Bitcoin.  I'm just saying if you leave money there, or anywhere, perhaps best just to make use of one of the biggest features of the Bitcoin . .  your own wallet.
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February 23, 2011, 12:48:48 PM
 #15

I sent 0.15 btc to a mybitcoin account two or three hours ago and it's not turned up yet. Do we know what causes the (I assume) lag?

Is this delay something that might increase even for client as the amount of transactions across the network goes up or is this issue specific to mybitcoin.com?
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February 23, 2011, 01:35:05 PM
Last edit: February 23, 2011, 07:32:58 PM by sgornick
 #16

I sent 0.15 btc to a mybitcoin account two or three hours ago and it's not turned up yet.


From  http://en.bitcoin.it/wiki/MyBitcoin :
Quote
Amounts sent to an account on MyBitcoin will be confirmed after just one block and will then show in the balance and can be spent immediately.
One block will appear, on average, in about ten minutes.

You might want to verify that Block Explorer shows the transaction first.

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no to the gold cult
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February 23, 2011, 02:04:16 PM
 #17

Payment turned up, thanks for link to the explorer.
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March 15, 2011, 05:44:55 PM
 #18

Somewhat similar issue. Any clue whom contact with this?
https://www.bitcoin.org/smf/index.php?topic=4489.0

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