crypto2k (OP)
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March 04, 2014, 03:39:46 PM
Last edit: March 04, 2014, 03:50:55 PM by crypto2k |
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http://www.zerohedge.com/news/2014-03-04/another-bitcoin-bank-loses-its-depositsare they (developer) going to build a better secured script to exchange bitcoin/litecoin to prevent hackings like what just happened recently? How about verifying sellers/buyers mailing address or phone number or something. Its getting out of control - more BTC are stolen these days!
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uranian
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March 04, 2014, 03:45:32 PM |
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Just as the price begins to recover, we get this. And a suicided? bitcoin CEO... |
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franky1
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March 04, 2014, 04:18:03 PM |
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does the royal mint which prints money and bashes out coins add security 2 factor authentication to stock exchanges. NO its upto the exchanges to protect the customers funds. its upto banks to have an insurance policy its up to the owner of the corporations to follow the law and be honourable. the issue is not the protocol of bitcoin the issue is not the law the issue is that too man people do not self regulate and manage their own funds, and trust entities they have not researched, have not met and do not know enough info about to slap them with a wet fish face to face if they do you wrong |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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bananas
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March 04, 2014, 04:20:17 PM |
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do you really believe it was hacked?  |
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RodeoX
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The revolution will be monetized!
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March 04, 2014, 04:24:11 PM |
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It's crazy how this works. We finally have money that is free of the corruption of banks. But the first thing many people do with their coins is put them in a "bank". I use quotes because they are not banks are they?
Would you let a random person from another country borrow your car? Then why are you leaving your BTC with them?
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BittBurger
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March 04, 2014, 04:26:41 PM |
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The reason we have to wonder if it "really was hacked" ?
Because nobody goes to prison if they get caught stealing.
I dont want Bitcoin regulated, but there needs to be strict laws in place harshly punishing ANYONE who starts a bitcoin service and is suspected of theft.
It blows me away that CEO of Flexcoin just releases a nonchalant note to the public, then goes on with his day.
He should be in cuffs right now, pending investigation, like everyone else.
At the very least, harsh punishment for failing to secure his customers funds. Its his problem. His fault.
You cant say "We offered cold storage for an extra fee. If you didn't select it, oh well!"
This is why it keeps happening. Nobody has been punished yet.
-B-
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DeathAndTaxes
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Gerald Davis
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March 04, 2014, 04:30:12 PM |
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So if law enforcement isn't enforcing existing laws or investigating existing crimes why would you think that more regulation would change anything.
Summarized:
The cops are not enforcing the laws, so the solution is to pass more laws.
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franky1
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March 04, 2014, 04:36:39 PM |
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It's crazy how this works. We finally have money that is free of the corruption of banks. But the first thing many people do with their coins is put them in a "bank". I use quotes because they are not banks are they?
+1 gotta love some people |
I DO NOT TRADE OR ACT AS ESCROW ON THIS FORUM EVER.
Please do your own research & respect what is written here as both opinion & information gleaned from experience. many people replying with insults but no on-topic content substance, automatically are 'facepalmed' and yawned at
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bitvestor
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March 04, 2014, 04:38:42 PM |
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Well, they just closed down with chunk of people's coins and then call it hack!!! |
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Peter R
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March 04, 2014, 04:43:06 PM |
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MtGox claims to lose coins to "malleability" -> SilkRoad 2.0 (which was always planning on stealing user coins) has cover to make the same claim.
MtGox closes down due to coins theft -> Other shady exchanges (that were always planning on stealing user coins) now have the cover they need to "shut down" too.
For the first time in history, we have a technology that allows its users to store, transport and exchange value with anyone else in the world, without the assistance of a third party or the permission of an authority. All you need to do is secure your private keys.
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h3rlihy
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March 04, 2014, 04:55:00 PM |
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WHY WHY WHY ARE PEOPLE STILL LEAVING THEIR COINS WITH THIRD PARTIES
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Lauda
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Terminated.
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March 04, 2014, 04:56:04 PM |
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It's crazy how this works. We finally have money that is free of the corruption of banks. But the first thing many people do with their coins is put them in a "bank". I use quotes because they are not banks are they?
Would you let a random person from another country borrow your car? Then why are you leaving your BTC with them?
Once again, the problem are those people. Yet few see this. This is not a problem in Bitcoin. |
"The Times 03/Jan/2009 Chancellor on brink of second bailout for banks" 😼 Bitcoin Core ( onion) |
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doctorsnaggles
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March 04, 2014, 05:00:08 PM |
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The reason we have to wonder if it "really was hacked" ?
Because nobody goes to prison if they get caught stealing.
I dont want Bitcoin regulated, but there needs to be strict laws in place harshly punishing ANYONE who starts a bitcoin service and is suspected of theft.
It blows me away that CEO of Flexcoin just releases a nonchalant note to the public, then goes on with his day.
He should be in cuffs right now, pending investigation, like everyone else.
At the very least, harsh punishment for failing to secure his customers funds. Its his problem. His fault.
You cant say "We offered cold storage for an extra fee. If you didn't select it, oh well!"
This is why it keeps happening. Nobody has been punished yet.
-B-
Since it seems nobody ever got prosecuted for "hacking" or "stealing" Bitcoins, this could become a future business model for dodgy exchanges. Seems like law enforcement & governments arent too keen on tracking down the "hackers" since they oppose Bitcoin anyway ... making it easy for scammers. |
Fuck the signature - if you are so desperate for money why dont you go and get a fucking job first - once you did that, perhaps you will think twice what kind of shit you want to be affiliated with.
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crypto2k (OP)
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March 04, 2014, 05:01:07 PM |
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These threads are wordy and confusing. My question is do you think it would be a good idea to have all buyers/sellers to verify their mailing address, phone #, or whatever to prevent from hacking or stealing LTC/BTC in the future? |
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AnonyMint
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March 04, 2014, 05:57:12 PM |
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These threads are wordy and confusing. My question is do you think it would be a good idea to have all buyers/sellers to verify their mailing address, phone #, or whatever to prevent from hacking or stealing LTC/BTC in the future? I don't want that. I want the decentralized, unregulated wild west. But most people will prefer perceived security over liberty. "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."-- Ben Franklin |
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DeeSome
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March 04, 2014, 06:21:32 PM |
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WHY WHY WHY ARE PEOPLE STILL LEAVING THEIR COINS WITH THIRD PARTIES
Because they are either stupid or greedy. The stupid who haven't seen what has gone on with the likes of Gox I have a little sympathy for because they don't have the brains to see cons in action. The greedy who hold coins on an exchange for speculation in the hope of making a few bucks on the ups and downs of bitcoin I have absolutely no sympathy for. |
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cerberre
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March 04, 2014, 06:58:07 PM |
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Apparently it is the same guy who hacked Mt Gox. it leads to the same address :
1Ne5bGjDdgmbsGdNK9ocwrQiWf8K1FTuSa
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cerberre
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March 04, 2014, 07:01:10 PM |
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the guy is currently spreading the coins from this address to multiple addresses as we speak
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boomertoo
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March 04, 2014, 07:03:03 PM |
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These threads are wordy and confusing. My question is do you think it would be a good idea to have all buyers/sellers to verify their mailing address, phone #, or whatever to prevent from hacking or stealing LTC/BTC in the future? I don't want that. I want the decentralized, unregulated wild west. But most people will prefer perceived security over liberty. "Those who would give up essential Liberty, to purchase a little temporary Safety, deserve neither Liberty nor Safety."-- Ben Franklin Well said I concur |
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