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Author Topic: [ANN] LocalBitcoins.com - a location-based bitcoin to cash marketplace  (Read 95275 times)
Newar
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February 12, 2014, 01:39:43 PM
 #681

What the heck is going on with Localbitcoins?

I requested a withdrawal which was going to be used to pay an invoice from bips.me. The withdrawal showed up as processed but there was a technical issue and the coins never arrived so I opened a support ticket, asking specifically NOT to send the coins any more to that address since the invoice had expired. This morning I see the ticket was updated and disregarding my petition the coins were sent to that address. I have tried to contact LBC again asking for an explanation and/or possible solution but the only thing they do is "update" the ticket without sending any reply.

I didn't expect this unprofessional behaviour from LBC; I really hope this issue will be solved and I can recover my coins or otherwise I will make an awful lot of noise.

Looks like the person who kicks the "withdrawal server" is not the same as the one handling (or not-handling) support. I had a support question today and it was resolved withing hours. It was a already known bug though.

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February 14, 2014, 09:10:41 PM
 #682

SCAM ALERT: midwestbitcoiner

While the user has 100% feedback on LBC, they are not engaging in any trades, but only posting ads to verify ownership of the account. These ads are used in conjunction with craigslist for sale ads for bitcoin mining equipment, namely Butterfly Lab singles.



I believe this account has been hacked.

BEWARE!
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February 14, 2014, 11:41:05 PM
 #683

Sold my bitcoins in this page. Its really good to trade there  Smiley
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February 19, 2014, 10:48:32 AM
 #684

If there are any sellers in the USA who accept cash deposits into their bank accounts for bitcoin please PM me immediately.

Thanks.

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February 24, 2014, 02:49:06 AM
 #685

I lost 0.8 btc. That's all I have. TT
User: Erdinger
via paypal
What should I do to take my bitcoin back?
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April 25, 2014, 07:47:54 PM
 #686

Why did you accept paypal? Its not even offered by LBTC isnt it? And its that way for a reason. You wont get the coins back now.

 

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April 27, 2014, 12:01:59 PM
 #687

how this is work safely  Huh

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"Buy high...but sell higher..."


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April 30, 2014, 07:23:32 PM
 #688

how this is work safely  Huh

Paypal isn't safe.  Cash deposits at a local bank are safe.  Coins get escrowed.  Buy from seller with 100% rating and 30+ feedback.
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April 30, 2014, 11:40:36 PM
 #689

how this is work safely  Huh

It works safely if the person makes the right decisions of how to best make the transaction.
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May 02, 2014, 09:09:27 AM
 #690

Sold my bitcoins in this page. Its really good to trade there  Smiley
+1
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May 03, 2014, 07:20:50 PM
 #691

Any suggestions are welcome!

The site is currently offline (no response when accessing the site).    There is no information out-of-band, such as a message on a status.localbitcoins.com http://localbitcoins.blogspot.com site (hosted separately), or an acknowledgement of the issue here in this thread, and/or on Twitter: http://twitter.com/localbitcoins

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May 03, 2014, 07:32:44 PM
 #692

There is no information out-of-band

Just a few minutes after I posted that, there was a blog post and Twitter status update -- so LocalBitcoins did address the outage out-of-band eventually.

As far as what happened:

Quote
LocalBitcoins received a very dangerous attack against the site infrastructure
The site will be down for a while as the system is being rebuilt

 - http://localbitcoins.blogspot.com/2014/05/attack-against-localbitcoins.html

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May 03, 2014, 08:20:50 PM
 #693

Sad news but good is all data is safes and site will back soon with all features and stuff

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May 03, 2014, 11:44:29 PM
 #694

Would be nice if they caught the bastards with their hands in the cookie jar and were able to ID them but having them get nothing for their efforts is a huge win in Bitcoinland.

Our family was terrorized by Homeland Security.  Read all about it here:  http://www.jmwagner.com/ and http://www.burtw.com/  Any donations to help us recover from the $300,000 in legal fees and forced donations to the Federal Asset Forfeiture slush fund are greatly appreciated!
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May 04, 2014, 03:08:08 AM
 #695

I posted this elsewhere, but figured I should have put it in this thread, so here it is:
Quote
A reasonable encryption strategy is to be able to decrypt with a password of at least 12 (more like 15 - 20) characters for access that lasts a few minutes, or a much longer password (40 characters or more) for access that lasts an hour or two.  If we assume that the hacker grabbed a copy of enough information to be able to start an exhaustive search for the password, LBC knows how long we can expect his search to go on before he finds it.

If his search is ever successful, what data will be compromised?

Is there a list of BTC addresses that LBC can provide to miners, asking them to filter out transactions from them until further notice?

A protocol for that kind of lock would be nice. I would honor it if I were mining. Just a simple request "please lock this BTC addy until further notice," signed with the address would do. It could be broadcast in any transaction and thereby get to all miners.

Ahh, of course if it could be unlocked with a signature from the same address, it would be kind of useless.  But suppose it had to be unlocked with a signature from the same address that locked it?  So the attacker would need that external address' private key too.

I like to provide some work at no charge to prove my valueAvoid supporting terrorism!
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May 04, 2014, 01:53:51 PM
 #696

I would suggest the coins have either been stolen already or not at all. Either

a) attacker has access to wallets or private keys for 40 minuntes, and managed to transfer coins -> GONE
b) attacker had no access or no time to transfer, then LBC staff will certainly have moved coins to new wallets -> OK

The part that I don't understand .. is there no callback to a given phone no when access to a server is granted? 2FA for accounts but not for root access?  Grin  Shocked

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May 05, 2014, 02:28:16 AM
 #697

do anybody know how is this done exactly? If its not to hard to do, I would like to protect my files on the server too.. thanks

Quote
All data on the website server is encrypted. Manual actions are needed to make this data readable, so the attacker could not gain access to the data even when having a server console access.

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May 05, 2014, 11:29:29 AM
 #698

Last update 16 hours ago:

We are restoring the site and you can log in already. Some contacts might not yet be available. Transactions are delayed.
 - https://twitter.com/LocalBitcoins/status/463035216471539712

Looks like they re-opened prematurely .... seeing sluggish performance, getting HTTP 500 errors, etc.

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May 05, 2014, 12:32:38 PM
 #699

Last update 16 hours ago:

We are restoring the site and you can log in already. Some contacts might not yet be available. Transactions are delayed.
 - https://twitter.com/LocalBitcoins/status/463035216471539712

Looks like they re-opened prematurely .... seeing sluggish performance, getting HTTP 500 errors, etc.

Its not working for me 502 error or server not found may be down again or its just for me

Stephen Gornick
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May 05, 2014, 12:39:06 PM
 #700

Looks like they re-opened prematurely .... seeing sluggish performance, getting HTTP 500 errors, etc.

We are having some performance issues right now. ETA for getting basic functions working is 2-3 hours.
 - https://twitter.com/LocalBitcoins/status/463294142400192512

After logging in now I see:

We are working on the issues
We are experiencing heavy load right now. The site might respond slowly and you might run into issues. However please still feel free to try to access some of the site functionality. Our team is working on this and we should be back in business in a few hours.


But none of the trading functionality (e.g., Dashboard) is available.

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