decentralized Bitcoin are highly centralized to mtgox!11

[ShadowOfHarbringer]

Doesn't matter.
He encouraged people/hackers to attack a rival exchange. That is enough. This is far from honest business.

I agree, but technically, there is nothing fraudulent about it. He was quite open with his support for the DoS.

Hmmm....

–noun
1.
deceit, trickery, sharp practice, or breach of confidence, perpetrated for profit or to gain some unfair or dishonest advantage.
2.
a particular instance of such deceit or trickery: mail fraud; election frauds.
3.
any deception, trickery, or humbug: That diet book is a fraud and a waste of time.

Close enough for me. Fraud it is.

[1714115283]

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[1714115283]

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[ShadowOfHarbringer]

I am not sure how law would qualify his actions and words. One thing I know for sure, ethic is not something this guy is even familiar with, let alone using it as a guide in his everyday actions.
That is exactly why I will not have any biz with him ever.

Exactly.

I try to be honest myself, so I am not doing business with straightly unethical characters.

[Timo Y]

He encouraged people/hackers to attack a rival exchange. That is enough. This is far from honest business.

He was perfectly honest about it, though!

He may be a nihilist but I don't believe he is dishonest. Not until I see evidence that he has broken a mutual agreement of some sort.

[epii]

He encouraged people/hackers to attack a rival exchange. That is enough. This is far from honest business.

He was perfectly honest about it, though!

He may be a nihilist but I don't believe he is dishonest. Not until I see evidence that he has broken a mutual agreement of some sort.

I believe he was using "honest" here to mean, well...

honest
adj.
1. honorable in principles, intentions, and actions; upright and fair: an honest person.
2. showing uprightness and fairness: honest dealings.
3. gained or obtained fairly: honest wealth.

...all of the above.  It's a matter of opinion whether btcex's business practices are "fair", but for those who believe they are not, a boycott is the best course of action.  "Fairness" aside, I'd certainly not describe his actions and attitudes as "honorable".

[mewantsbitcoins]

Are your egos really that big and offended that you can not see what damage you are doing? He may be an idiot or an outright cunt altogether - why do you care so much? He means well to bitcoin and we all have common goals. If you don't wanna deal with him - that's fine, but do you think making false claims about his site will make a positive contribution to our economy? Get your shit together, stop fighting with each other and move on. If you wanna fight, I'm sure there's plenty coming in the near future from real enemies

[LZ]

Let's live amicably! And without DDoS!

[fetokun]

About the initial statement "decentralized Bitcoin are highly centralized to mtgox"... is there anyone working on a opensource php exchange solution?

[bitdragon]

I love all of you 

[marcus_of_augustus]

... centralised exchange problem is only going to be around during the monetising phase of bitcoin ... after a majority of users have got out of fiat and into crypto-currencies the exchanges will only be between the crypto-money flavours ... and by that time who'll care what business the exchanges are doing?

[ribuck]

I am not sure how law would qualify his actions and words...

That is exactly why I will not have any biz with him ever.

Exactly. Ostracism is usually stronger than law anyway.

[mizerydearia]

sony == evil; ddos sony == good
mtgox != evil; ddos mtgox == bad

However...

Simply by admitting to affiliating with or triggering the distributed denial of service attack does not imply that the ddoser is evil.

Expanding upon the simplicity of the two lines above, it appears that btcex had a partial good (or nonevil) motive, whether it is accepted or agreed upon by one or more community members or not, that may have been misunderstood by an initial "ohnoes, you're ddosing something I use... you're evil now." (hint: "ohnoes, you're ddosing playstation network that I use to play games... you're evil now.")  In the case of ddos against sony, there is a kind of established consensus amongst intelligent critical thinkers that ddosing sony is good and therefore there are many acceptant participants.  In the case of ddos against mtgox, there is not yet any kind of established consensus amongst intelligent critical thinkers that ddosing mtgox is good and therefore there is currently only such known efforts by one individual.

The particular individual that ddosed mtgox is Russian, and that is an additional stereotypical negative reputation factor, however, not all Russians are evil by default.  And some supposed evilnesses of Russians are assumed and perpetuated.

I'm not sure what the point of this post is, and although I will probably never use btcex (as well as most likely never use any physical currency to bitcoin exchange market because I have intention of working for bitcoins instead of working for us dollar), I am not immediately convinced that the supposed ddos attack is guaranteed negative reputation for btcex.  People make mistakes and cause drama (e.g. my mom is horrendously wrong, crazy and evil and blatantly denies it as well as responds oppositionally and retaliatorily in quite nonsensical ways), however, such efforts do not necessarily affect their reputations directly.  e.g. Just because my mom is drama queen, behaves irrationally, causes much frustration, aggravates and frustrates others, whines, complains, hissy fits, interrupts, verbally assaults, excuses herself (e.g. hypocrite), etc. does not mean that I trust her any more or less.  Actually, I just recently vacationed in San Francisco, and she was quite reliable or trustworthy in regards to being there to assist me in responsible and helpful ways.  So, just because she does something that I do not agree with (e.g. triggers a ddos or complains about the Noisebridge community) does not mean she is any more or less reputable, trustworthy, reliable, etc.

[error]

The road to hell is paved with good intentions. How do you think we got such things as government?

[Bruce Wagner]

Someone posted that bitcoin withdrawals from BTCex are temporarily disabled... "due to technical issues".

However, bitcoin deposits are still working fine...    Miraculously.   

Anyone who uses this exchange site --- knowing the information presented here --- deserves what they get.

Never do business with scammers and people of no ethics.

NEVER.

[ShadowOfHarbringer]

Someone posted that bitcoin withdrawals from BTCex are temporarily disabled... "due to technical issues".

However, bitcoin deposits are still working fine...    Miraculously.   

Anyone who uses this exchange site --- knowing the information presented here --- deserves what they get.

Never do business with scammers and people of no ethics.

NEVER.

Agreed, however...

Closed for maintenance

Sorry for any inconvenience.

How do you do withdrawals on a closed site anyway ?

[molecular]

Agreed, however...

Closed for maintenance

Sorry for any inconvenience.

How do you do withdrawals on a closed site anyway ?

pffff. I read the google translation of the referenced forum post.

Obviously btcex closed the exchange because some user threatens to drag him to court in Serbia for not receiving a withdrawal.

Why that makes closing the exchange necessary is beyond me, I suspect other reasons.

[Ryland R. Taylor-Almanza]

I would like to try to solve this problem!
http://bitcointalk.org/index.php?topic=8078.0

[Bruce Wagner]

Here's what I want to know...
Can anyone please give me a LIST of all the sites, businesses, etc. that are owned by  "bitcoinex"  or his exchange site,  "btcex"....?
I want to be certain to ban them from our directory (as he is a known liar / scammer).

Please reply HERE:  http://bitcoinme.com/forum/viewtopic.php?pid=16#p16

Thanks!     

[ShadowOfHarbringer]

Here's what I want to know...
Can anyone please give me a LIST of all the sites, businesses, etc. that are owned by  "bitcoinex"  or his exchange site,  "btcex"....?
I want to be certain to ban them from our directory (as he is a known liar / scammer).

Haha i called him a fraud before and people told me that btcex.com is "not strictly fraud".

Oh the irony.

[BitterTea]

Here's what I want to know...
Can anyone please give me a LIST of all the sites, businesses, etc. that are owned by  "bitcoinex"  or his exchange site,  "btcex"....?
I want to be certain to ban them from our directory (as he is a known liar / scammer).

Please reply HERE:  http://bitcoinme.com/forum/viewtopic.php?pid=16#p16

Thanks!     

Bruce, I understand that you're on a crusade against btcex, but is this all stemming from the DDoS thing? Could you at least refer to him as a "unscrupulous businessman" or point to some evidence that he scammed somebody? Using an attack to generate publicity for an important cause (decentralization of exchanges) is not scamming. Neither is actually funding or planning/executing a DDoS. He may be a douche (I don't have enough information to tell for sure), but I don't see how he's a scammer.

[BitterTea]

Ok, criticism rescinded.