Silk Road forums
Discussion => Silk Road discussion => Topic started by: weaver77 on July 29, 2011, 11:46 pm
-
Has anyone else tried to access www.mybitcoin.com today? I have been trying for the last 5+ hours and it appears down. Please try and let me know what happens. I really need to get in there!
-
Looks down for everybody.
http://www.downforeveryoneorjustme.com/www.bitcoin.com
Response: It's not just you! http://www.bitcoin.com looks down from here.
-
Same here. Getting the dreaded 504 :-\ .
-
Fucking Great! The one day I finally have BTC to play with and I can't access them! Motherfucker son of a bitch!!
-
There's alot more chatter about Mybitcoin being down on the bitcoin forum. A lot of speculation that the owner has just run off with everyone's bitcoins. Anyone here have any info on it?
-
I'm pissed off that I have 12.25 BTC just sitting on a website that no longer is up. I'm happy that my transfer out of ~26 BTC went through before this happened.....
-
I took a huge hit from this, hoping it isn't permanent.
Here is what little info I could gather....
They have their domain registered thru PrivacyShark which registers thru TuCows in Canada
CLEAR NET!!! - http://www.privacyshark.com/about.html
PrivacyShark
CLEAR NET!!! - http://whois.pho.to/privacy_shark_llc_main_street/
Their host is http://www.leaseweb.com/en/about-us/contact
-
C'mon guys. Haven't you learned to use and offline wallet yet? It's just insane to put your trust in some online wallet service in the first place, much less one that the only contact info listed is a PO Box in the West Indies. Maybe now people can understand my concern with escrow... That said, I think you guys are overreacting. I doubt MyBitcoin is just one huge scam.
-
Honestly, with as many times as SR has gone down, I'm really not too worried about it. And even if it is down for good and I lost my coin I won't be that upset. I'm always expecting some shady shit to happen with this stuff so I never have that much money in at once. If it does come back up however, I will be moving my bitcoin out quickly. Any suggestions for substitutes?
-
I'm sure most buyers will agree with you. However, if you are a vendor it is not practical to say you won't have a large amt of BTC in escrow at any given time, even if you transfer it out every day.
-
Lots of people use mybitcoin for a variety of reasons. Let's not belittle anyone who does so. Hopefully they will come back up. Otherwise a lot of good people are going to lose a lot. Fingers Crossed.
-
C'mon guys. Haven't you learned to use and offline wallet yet? It's just insane to put your trust in some online wallet service in the first place, much less one that the only contact info listed is a PO Box in the West Indies. Maybe now people can understand my concern with escrow... That said, I think you guys are overreacting. I doubt MyBitcoin is just one huge scam.
Well I only use it so there is no direct transaction between my wallet and SR so it being down means that I'm not transfering funds into SR atm. I'd use a coin tumbler but all the ones I have seen are slow.
-
Ugh I really hope this isn't some attack or something really bad like what happened w mtgox.
I honestly hope mybitcoin.com works their issues out, not for their sake, but for all the good people who stand to lose if something happens. Add this as yet another reason I abandoned using them. An associate of mine lost some coinage (nothing to do w mtgox pw) on their online wallet and could not get in contact w ANYONE from mybitcoin.com, not even once. The lack of response and seemingly inexplicable disappearance of BTC was too much for this paranoid android. After reading of other such happenings on the forums...well that was all I needed to hear.
But I'll say it again, I hope it works out...not for the people who run the site but for the good folk's who use it.
-
C'mon guys. Haven't you learned to use and offline wallet yet? It's just insane to put your trust in some online wallet service in the first place, much less one that the only contact info listed is a PO Box in the West Indies. Maybe now people can understand my concern with escrow... That said, I think you guys are overreacting. I doubt MyBitcoin is just one huge scam.
Well I only use it so there is no direct transaction between my wallet and SR so it being down means that I'm not transfering funds into SR atm. I'd use a coin tumbler but all the ones I have seen are slow.
rake give me that "secret" server address for transferring btc as a go between.
I forgot.
-
I totally understand using it as a medium to separate yourself from SR. But I don't think it is a good idea to store anything there for any period of time.
-
rake give me that "secret" server address for transferring btc as a go between.
I forgot.
wut?? ??? You realize how wasted I have been the past week don't you...
-
rake give me that "secret" server address for transferring btc as a go between.
I forgot.
wut?? ??? You realize how wasted I have been the past week don't you...
Wow someone sounds stressed IRL! :P
-
Ugh I really hope this isn't some attack or something really bad like what happened w mtgox.
I honestly hope mybitcoin.com works their issues out, not for their sake, but for all the good people who stand to lose if something happens. Add this as yet another reason I abandoned using them. An associate of mine lost some coinage (nothing to do w mtgox pw) on their online wallet and could not get in contact w ANYONE from mybitcoin.com, not even once. The lack of response and seemingly inexplicable disappearance of BTC was too much for this paranoid android. After reading of other such happenings on the forums...well that was all I needed to hear.
But I'll say it again, I hope it works out...not for the people who run the site but for the good folk's who use it.
I hate to be the bringer of piss on parades......
I do believe it is what happened to mtgox, perhaps worse. Appears to be DDoS'd - and hacked - servers rendered to shit. The site has no contact information on it for anything - no help section or "contact us".
That's the first problem I have with myshitcoin.com. I've been reading forums where people have 500BTC, proved it with blockexplorer, and (stupidly) had it on a hosted wallet site. That's dumb.
Moving on...the fact that myshitcoin.com hasn't contacted any users, never offered a password recovery, and has been stagnant for 3 days - I'd say they've been DDoS'd, hacked, and have left the building.
I don't care what anyone says about them as "nice guys". Looks like we may have seen our first "insider" theft...I truly hope that these honest folk who are caught in the middle- get their BTC back.
I had .02 in there, and could care less. Never kept a balance. Really hope 1. they rectify or 2. they get caught trying to run and are turned into physical miners, dying from reading hashes all day at age 50.
Whole thing stinks to me.
peace
b
-
Have you any evidence or is the above all just speculation?
It's the weekend and people have other concerns in life. It might be wiser to wait until Monday and see what happens.
-
this business is starting to get unprofitable between the scammers & bitcoin issues.
thank goodness this didn't happen last week or i would be drunk on cheap booze right now.
I'm in the wait & see came, if it is kaput its a hit but not the end of the world for me, sorry in advance to anyone who might be hit hard. GL.
-
this is another reason why im not a big fan of tumblers. you are putting a lot of trust into someone. Its always wise to keep all transactions small and not start another one til the first one is completed. I have a feeling that the online wallet with bitcoin is gone. I hope not for those that have money invested, but I have seen the writing on the wall for weeks. If its true that its a scam, he must have waited til there was a lot of bitcoins and then vamoosed.
-
What are people using instead now? Since putting coins straight into SR from Mt.Gox is bad what are some other options?
-
What are people using instead now? Since putting coins straight into SR from Mt.Gox is bad what are some other options?
Download the bitcoin program and keep your wallet on your own computer. Where it is most safe and then just use a very simple but effective encryption program, like TrueCrypt, to encrypt your whole hard drive.
Every time you want to ship coins out of SR, generate a new address at your personal BTC wallet and send it there. Then, depending on the amount, you can convert them thru one of the exchanges into an LR account OR if the amounts are smaller, just spend them using *another* address that you also generate inside of your personal BTC wallet.
The bitcoin wallet program you install on your own computer is *very* versatile and helpful once you learn how it works; which is decidedly a hands-on process since it comes with no instructions and I haven't seen any posted anywhere. But it's also very intuitive, so it can be done.
I am no techie, not by a long shot, but I figured it out fairly quickly. More quickly than PGP, that's for sure! :)
ETA: for those that are not sure what they are worry about, when it all comes down to it, you should read up on the difference between an "anonymous digital currency" (which is not what BTC is) and a "pseudonymous digital currency" (which is what BTC actually is). It is all public, where every BTC goes. The trick is to make it so myriad that it doesn't show any patterns (since *identities* are impossible to find out unless you interact with your real life identity with BTC) until it finally is whisked out of the BTC system all together as LR or some other something. (with thanks and appreciation to the SR member who taught me this and shall remain nameless, as I know they would want)
-
Thanks for that info! But when I want to deposit coins onto SR is what I was asking about. Once I have coins in my wallet on my computer or on Mt.Gox how can I safely get them to SR? Before people said to send them through one or two mybitcoin.com accounts, but clearly that's no longer an option.
-
you can still do the same but just use physical computers. I use a mac and windows all on the same machine. I have a bitcoin wallet on each of them, its not hard at all to send between the two.
-
Can someone shed some light on wtf this all means. Im only a javascript person :)
http://pastebin.com/6c33y4qZ
[{'dummy': u'', 'keyid': u'7212CAFF63746B2F', 'expires': u'', 'length': u'4096', 'ownertrust': u'u', 'algo': u'1', 'fingerprint': u'F2FDB87B85A8201FD37DB6017212CAFF63746B2F', 'date': u'1303186139', 'trust': u'u', 'type': u'pub', 'uids': [u'', u"Nate Theis (I'm cuddlefish/dextroid) <natetheis@gmail.com>"]}, {'dummy': u'', 'keyid': u'9FB9834EA5027A85', 'expires': u'', 'length': u'2048', 'ownertrust': u'-', 'algo': u'1', 'fingerprint': u'FB59EE27E803FB68EF303F5A9FB9834EA5027A85', 'date': u'1272921739', 'trust': u'-', 'type': u'pub', 'uids': [u'', u'MyBitcoin LLC (SCI Verification Key) <nobody@mybitcoin.com>']}, {'dummy': u'', 'keyid': u'6B7A65A6568D9036', 'expires': u'', 'length': u'4096', 'ownertrust': u'-', 'algo': u'1', 'fingerprint': u'7A854DEB23580CC5F033C3B96B7A65A6568D9036', 'date': u'1303529655', 'trust': u'-', 'type': u'pub', 'uids': [u'', u'Dayton Filipowich <dayton.filipowich@gmail.com>']}, {'dummy': u'', 'keyid': u'36744B67A1EC02ED', 'expires': u'', 'length': u'2048', 'ownertrust': u'-', 'algo': u'1', 'fingerprint': u'1CDB743D775BDD2CAC0B95E436744B67A1EC02ED', 'date': u'1289163490', 'trust': u'-', 'type': u'pub', 'uids': [u'', u'tcatm <tcatm@gawab.com>']}]
-
What really pisses me off is that SR explicitly recommended mybitcoin on a welcome screen, implying that they had vetted the service and all was good. I know not to trust anything and it is all my fault, yada yada yada, but really SR seems to have set everything else up properly that I assumed mybitcoin was a good reference. If anyone had looked over at the bitcoin forum it would have been obvious there were problems with mybitcoin for quite a while. I am just wondering why SR would vouch for mybitcoin.com if they seemed to have dotted their i's and crossed their t's on everything else?? I am not saying this was intentional or they are involved whatsoever, just pissed and need to vent.
-
this is not a new thing http://dkn255hz262ypmii.onion/index.php?topic=958.msg7006#msg7006 and i personally sent SR a message several weeks ago addressing this issue since people were being directed to the site from SR. I know SR is a busy but nothing came from me messaging them.
From: braves182
17 days ago
mybitcoin.com
Just want to throw it out there, many people feel that Mybitcoin.com selectively scams if you are using the online service and not the downloaded client. Thanks for the great site you have put together, i feel lucky to be a part of it.
-
since i do have a stake in what happens with mybitcoin i have been watching the progress.
The block chains are being watched no monies have moved.
Sites go down, i still have hope this is temporary & people are naturally reacting strongly because of the potential personal loss.
The site is setup anonymously it looks like, if it was an intentional scam i think they would wait for maximum potential gain. This doesn't seem like the time to do it.
K
-
Mybitcoin.com is the second largest public repository of bitcoin around, second only to MtGox. Many many people used them including Gavin Andresen. They were highly recommended by many prominent bitcoin personalities and are included in many FAQs and HOWTOs. This is because they had a slick site that worked very well and stayed on top of developments like the MtGox scandal. It is very easy to use and improved on the anonymity of bitcoin.
Their main issues in the past have been about the difficulty of password resets and that the only way to get a hold of anyone was though the on-site help.
Any "I told you so" comes from a small minority who just can't help themselves but really is not very helpful to those affected. Many people are missing 1000's of bitcoin. Maybe those people were foolish or maybe they are trusting. It is too soon to tell yet. None of the blocks sent to mybitcoin.com have been spent or transferred since the outage so if they are stealing, they have not done anything with it yet.
Participating in Silk Road is also a risk that some people chose to take on trust. Maybe Silk will take all our money and someone will have an "I told you so" moment about that.
-
this is not a new thing http://dkn255hz262ypmii.onion/index.php?topic=958.msg7006#msg7006 and i personally sent SR a message several weeks ago addressing this issue since people were being directed to the site from SR. I know SR is a busy but nothing came from me messaging them.
From: braves182
17 days ago
mybitcoin.com
Just want to throw it out there, many people feel that Mybitcoin.com selectively scams if you are using the online service and not the downloaded client. Thanks for the great site you have put together, i feel lucky to be a part of it.
hmmm drop a mod a pm too next time :D
-
Thanks Kind Bud, I had no idea that MyBitcoin was such a large repository as I never investigated using it.
It does seem quite odd that someone so intricately involved in the original setup of the entire bitcoin currency system would turn out to be a scammer.
If they are, I hope they rot in hell. But it certainly seems that the best place to keep BTC is in your private wallet, just moving them to SR or Mt. Gox when you need to exchange or sell.
I think I'm going to go make inquiries about the strength and credibility of Liberty Reserve now here and on OS. It seems like maybe a house check of some of the primary players in all of this is in order.
-
Mybitcoin.com is the second largest public repository of bitcoin around, second only to MtGox. Many many people used them including Gavin Andresen. They were highly recommended by many prominent bitcoin personalities and are included in many FAQs and HOWTOs. This is because they had a slick site that worked very well and stayed on top of developments like the MtGox scandal. It is very easy to use and improved on the anonymity of bitcoin.
Their main issues in the past have been about the difficulty of password resets and that the only way to get a hold of anyone was though the on-site help.
Any "I told you so" comes from a small minority who just can't help themselves but really is not very helpful to those affected. Many people are missing 1000's of bitcoin. Maybe those people were foolish or maybe they are trusting. It is too soon to tell yet. None of the blocks sent to mybitcoin.com have been spent or transferred since the outage so if they are stealing, they have not done anything with it yet.
Participating in Silk Road is also a risk that some people chose to take on trust. Maybe Silk will take all our money and someone will have an "I told you so" moment about that.
I can take a hint! :P
-
you can still do the same but just use physical computers. I use a mac and windows all on the same machine. I have a bitcoin wallet on each of them, its not hard at all to send between the two.
+1
DITTO.
-
Ugh I really hope this isn't some attack or something really bad like what happened w mtgox.
I honestly hope mybitcoin.com works their issues out, not for their sake, but for all the good people who stand to lose if something happens. Add this as yet another reason I abandoned using them. An associate of mine lost some coinage (nothing to do w mtgox pw) on their online wallet and could not get in contact w ANYONE from mybitcoin.com, not even once. The lack of response and seemingly inexplicable disappearance of BTC was too much for this paranoid android. After reading of other such happenings on the forums...well that was all I needed to hear.
But I'll say it again, I hope it works out...not for the people who run the site but for the good folk's who use it.
I hate to be the bringer of piss on parades......
I do believe it is what happened to mtgox, perhaps worse. Appears to be DDoS'd - and hacked - servers rendered to shit. The site has no contact information on it for anything - no help section or "contact us".
That's the first problem I have with myshitcoin.com. I've been reading forums where people have 500BTC, proved it with blockexplorer, and (stupidly) had it on a hosted wallet site. That's dumb.
Moving on...the fact that myshitcoin.com hasn't contacted any users, never offered a password recovery, and has been stagnant for 3 days - I'd say they've been DDoS'd, hacked, and have left the building.
I don't care what anyone says about them as "nice guys". Looks like we may have seen our first "insider" theft...I truly hope that these honest folk who are caught in the middle- get their BTC back.
I had .02 in there, and could care less. Never kept a balance. Really hope 1. they rectify or 2. they get caught trying to run and are turned into physical miners, dying from reading hashes all day at age 50.
Whole thing stinks to me.
peace
b
I really don't think it's a scam. If they were to scam why not just turn off withdrawals from the wallets but let people continue to deposit bitcoins? Makes no sense to shut down the entire site if the plan is to steal bitcoins. Lock down withdrawals when there are already a lot of bitcoins on the site and then just let them continue to flow in until everyone realizes it's a scam and no new bitcoins are being deposited, then you would shut down the site and run with the coins. Also no bitcoins have been moved out of Mybitcoin yet in the blockchain, so it really looks like the site is down not a scam.
Thanks for that info! But when I want to deposit coins onto SR is what I was asking about. Once I have coins in my wallet on my computer or on Mt.Gox how can I safely get them to SR? Before people said to send them through one or two mybitcoin.com accounts, but clearly that's no longer an option.
There are other online wallets. I saw them on the bitcoin wiki. I used https://www.instawallet.org/ It's easier than Mybitcoin since you don't need to do anything except go to the site, and bookmark it since the unique url is you wallet. I did forget to bookmark once and before I used history to find it I tried emailing using the address listed on the site, and sent a second one saying I had found it thanks anyway, and he did respond to me to say he was glad I found it. Not sure he would or could have helped had I not found the URL in my history, but it was nice to know you could at least get in touch with him if needed.
I have no idea how big or safe they are or if it does much to help make bitcoin more anonymous since I'm sure it's not as big as mybitcoin is/was. Just the only other wallet I have personally used and it worked for me. You have to make your own decisions on where to send your bitcoins, just sharing my experience not an endorsement so use your own judgment.
Here's where I found instawallet and a list of other wallets you can look into: https://en.bitcoin.it/wiki/Category:EWallets
REally hope you guys with BTC stuck on mybitcoin get your bitcoins back, and those that are just looking to feel safer transfering money to SR don't let this stop you from getting high ;D
-
I really don't think it's a scam. If they were to scam why not just turn off withdrawals from the wallets but let people continue to deposit bitcoins? Makes no sense to shut down the entire site if the plan is to steal bitcoins. Lock down withdrawals when there are already a lot of bitcoins on the site and then just let them continue to flow in until everyone realizes it's a scam and no new bitcoins are being deposited, then you would shut down the site and run with the coins. Also no bitcoins have been moved out of Mybitcoin yet in the blockchain, so it really looks like the site is down not a scam.
Ok I am about to drop a powerful bit of knowledge for you all. Myshitcoin.com's admin has not answered any messages for over a month.
There are over 1.3M USD on that toilet of a site. The owner resides in St. Kitts, Nevis - and I really don't think he'll be caught. The possibility of LE in that region cooperating is little to none.
It's beyond a scam, it's a grand theft. This is from a REAL post and is NOT fake. Don't ask me where it's from.
**IMMEDIATE SITUATION**
Begining on Friday 29th July 2011 the site www.mybitcoin.com was reported as experienceing outages preventing transfer of funds to/from online wallets. At this time further reports emerged alleging the failure of medium to large sums of Bitcoin failing to be transferred to target wallets.
related link:
https://bitcointalk.org/index.php?topic=32900.0;all
Historically, some question has been raised as to the operations of myBitcoin.com as early as mid june this year, spurring a repsonse from the alleged owner:
https://bitcointalk.org/index.php?topic=22221.0;all
* The use of GpG signature here should be noted as well as the name of the poster.
from this we can conclude that "official" communications from myBitcoin.com are GpG signed to:
http://pgp.mit.edu:11371/pks/lookup?search=mybitcoin
** HISTORY
early indications of problems with mybitcoin operations emerged around June 29th/30th 2011:
with (verified) responses from mybitcoin operations team revealing key technical details of the workings of mybitcoin.
https://bitcointalk.org/index.php?topic=32900.0;all
https://bitcointalk.org/index.php?topic=24548.0;all
additional concerns emerged in early july (July 5th) implicating (most probably falsely) Bruce Wagner of Bitcoinme.com. (rapid cleansing of bitcoinme indicates no likely link to mybitcoin)
http://bitcointalk.org/index.php?topic=26224.0;all
with further issues and concerns raised throughout July 2011
http://bitcointalk.org/index.php?topic=26224.60
http://bitcointalk.org/index.php?topic=29147.0
http://bitcointalk.org/index.php?action=profile;u=8940;sa=showPosts
https://bitcointalk.org/index.php?topic=33458.0;all
http://www.reddit.com/r/Bitcoin/comments/imw0y/mybitcoin_is_a_disaster_waiting_to_happen/
http://www.blogger-index.com/feeds.php?feed_id=29159&&p=1 [Shitcoin]
Initial investigations into the ownership of myBitcoin.com reveal:
Registrant:
MyBitcoin, LLC
Main Street
PO Box 556
Charlestown, Nevis
KN
Administrative Contact:
Williams, Tom
Main Street
PO Box 556
Charlestown, Nevis
KN
+6499518329
Registrar of Record: TUCOWS, INC.
Record last updated on 27-Mar-2011.
Record expires on 25-Apr-2012.
Record created on 25-Apr-2010.
MyBitcoin.com is register is actually the same as
PrivacyShark.com
Registrant:
Privacy Shark, LLC
Main Street
PO Box 556
Charlestown, Nevis
KN
Domain name: PRIVACYSHARK.COM
Administrative Contact:
Privacy Protected Domain, Privacy Shark Domain Trust cHJpdmFjeXNoYXJrLmNvbQ==@privacyshark.com
Main Street
Charlestown, Nevis
KN
(202) 558-2876
PrivacyShark.com is a known anonymous Domain registrant providing "anonymous domain names, anonymous dns, and offshore whois information.
...
Privacy Shark, LLC (privacyshark.com) is a wholly-formed corporation that is governed and regulated by the courts of Nevis, West Indies."
_______
It appears that many other shell companies use this fake address, such as
http://panjiva.com/Envases-Globales/1081553
Envases Globales
P O Box 556 Main St Charlestown Nevis
or
King Zulu LLC.
P.O. Box 556 Charlestown, Nevis Last Updated on: 28-DEC-08
PrivacyShark's About page:
"
Q. How do I order / make payments?
A. In order to be 100% anonymous, we only accept anonymous forms of payment. We accept Bitcoin (we recommend MyBitcoin). Order by clicking here.
" [http://www.privacyshark.com/about.html]
where a clear link promoting MyBitcoin.com is present, as is the information that normal clients registering through PrivacyShark will have a generic registration with the following format:
***
BEFORE Privacy Shark
Registrant:
John Smith
#123 Your Address
Sometown, CA 90210
US
Domain name: YOURDOMAIN.COM
Administrative Contact:
Smith, John jsmith@yourisp.com
#123 Your Address
Sometown, CA 90210
US
408-555-1212
Technical Contact:
Smith, John jsmith@yourisp.com
#123 Your Address
Sometown, CA 90210
US
408-555-1212
Domain servers in listed order:
NS1.YOURISP.COM
NS2.YOURISP.COM
AFTER Privacy Shark
Registrant:
Privacy Shark, LLC
Main Street
PO Box 556
Charlestown, Nevis
KN
Domain name: YOURDOMAIN.COM
Administrative Contact:
Privacy Protected Domain, Privacy Shark Domain Trust cHJpdmFjeXNoYXJrLmNvbQ@privacyshark.com
Main Street
PO Box 556
Charlestown, Nevis
KN
(202) 558-2876
Technical Contact:
Privacy Protected Domain, Privacy Shark Domain Trust cHJpdmFjeXNoYXJrLmNvbQ@privacyshark.com
Main Street
PO Box 556
Charlestown, Nevis
KN
(202) 558-2876
Domain servers in listed order:
ANONYMOUS-DNS1.PRIVACYSHARK.COM
ANONYMOUS-DNS2.PRIVACYSHARK.COM
***
At this point, the registration of MyBitcoin.com does NOT match the standard format for a site registered via PrivacyShark.
http://bitcointalk.org/index.php?topic=8258.0;all
http://pastehtml.com/view/aui7tmtfe.html
Registrant:
Privacy Shark, LLC
Main Street
PO Box 556
Charlestown, Nevis
KN
Domain name: BITCOIN4CASH.COM
Administrative Contact:
Privacy Protected Domain, Privacy Shark Domain Trust
Main Street
PO Box 556
Charlestown, Nevis
KN
(202) 558-2876
NOW SOMEONE GO KILL THIS MOTHERFUCKER AND BRING ME HIS HEAD!!!
-
Wow, just Wow!! I figured it was a lot of money. I figured it would be in the milions. Now, he must be starting to move some of the money from yesterdays decline. Hes not that stupid to unload it all because the btc would drop like a rock, to almost nothing.
You can check out how much is needed to move the btc one way or another by looking at the mobile app on mt. gox it shows in real time all the the transactions. and if you hover over an area it will say. 45k is needed to bring it down to this price or vice versa.
So watch, it will slowly go back up then we will see it go down a few dollars, then stop. go back up, than slide agian, repeat til his 1.4 million is turned into cash... Im hoping that the smart guys that are on top of this stuff are watching closely so they can find out where its going. im sure he is using a million different ip address' wallets etc....
-
So watch, it will slowly go back up then we will see it go down a few dollars, then stop. go back up, than slide agian, repeat til his 1.4 million is turned into cash... Im hoping that the smart guys that are on top of this stuff are watching closely so they can find out where its going. im sure he is using a million different ip address' wallets etc....
I and some other people checked yesterday ~40 mybitcoin addresses and none of them was used since the site went down. I also cant find any proof of someone that the BTC in mybitcoin were moved in the last days on the internet and i´m sure plenty of people checked their addresses.
I have really my doubts that mybitcoin was a scam because this would be one of the most patient scammers ever. I think more that he had an accident, the site was hacked (which is also doubtful as the BTCs werent moved) or some other crazy reason happened.
I totally understand using it as a medium to separate yourself from SR. But I don't think it is a good idea to store anything there for any period of time.
If you want effective tumbling you need to leave them for a period of time there. Just sending them to mybitcoin and withdrawing instantly the same sum is very easy to trace. This site was really great for effective tumbling as you were able to create different addresses in one account, which was really helpful for coin tumbling in comparison to instawallet for example.
-
+1 peaceloveharmony
I just reread mybitcoin/ Tom W's open letter during the MtGox thing. He went out of his way to help out and recover and protect users bitcoin. Something happened, but NONE of the mybitcoin stored have been used or transfered.
As the second largest public repository of bitcoin, is was useful as part of tumbler setup but you would have to leave it there for a while.
-
For a large amount that is true peaceloveharmony... I was referring to just the average buyer who is only moving a few BTC at a time. Sorry should have been more clear.
-
The complete lack of reply...complete lack of any kind of response for this long; it just doesn't seem like an "accident." I really hope it is, and the fact that no BTC has been moved yet does mean something...I'm just not sure it means that people will get their BTC back though =(
-
I don't think that the fact that BTC hasn't moved means much. I believe there is a tool to move BTC between local wallets which would never be displayed on the block chain. Please correct me if I'm wrong.
-
I don't think that the fact that BTC hasn't moved means much. I believe there is a tool to move BTC between local wallets which would never be displayed on the block chain. Please correct me if I'm wrong.
Yes and no. You could in theory create new addresses in a wallet and transfer the btc to these new addresses but then the transaction has to be broadcast onto the p2p system for confirmation. You would then see the movement of btc even though they never left the wallet. Even though bitcoins are said to be anonymous, every address that a coin gets transferred to since its creation is stored in the block chain. As far as I know, there is no way to hide a transaction, but you can obviously hide a wallet location.
But even if the BTCs were put up for sale on various exchanges, people would still buy them regardless. If there were a central authority, the current addresses could be frozen or banned rendering the coins worthless. Maybe that's what we need, Tradehill and Mt. Gox to come out publically and say they will be watching for coins from these addresses and will block the sale of them. If as a community the addresses were blocked, then perhaps the site may get reinstated. We can only hope.
-
so this guy basically conned enough ppl to get 17,000 btc?
-
One great/terrible thing about bitcoin is that it is permanent. Stealing bitcoin is like stealing gold. No one should call it bad because it was used for something "wrong" The money/bitcoin is just money/bitcoin (a medium of exchange, way to value something) and is beyond anyone and separate from moral judgment . This is good for proprietors of contraband and bad for victims of theft but ultimately valuable as an exchange.
(I bet I am missing more with mybitcoin than any of you, not because I was foolish but because I was using the merchant API. I no longer have access to quite a bit. None of the bitcoin that I stored with mybitcoin.com have been spent or transfered and I do hope they will miraculously reappear. )
-
@ntek you are confusing two different stories.
17,000btc was the polish exchange. He was still the 3rd of 4th biggest exchange and the biggest none USD broker. He used amazon and the cloud crashed and destroyed the wallet.
THEY RECOVERED 100% but it took 6 days and he claimed bankruptcy and total loss in the mean time. (amazon? found the data they lost) They are back up and running.
MyBitCoin was the second largest public repository of bitcoin and a pillar in the community. They went off-line with no communication 5 days ago. Many bitcoin businesses used them and have since gone defunct. None of the bitcoin stored with MyBItCoin have been used or transferred since the site went down.
-
you guys might be ok.. This was just barely posted on mybitcoin.com
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
As you have probably noticed, MyBitcoin.com had been down for almost a week due to an unfortunate event.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker.
Our response was rash, but necessary. We simply switched the system off until we could have system-wide forensics performed. The forensics took some time, as the system is quite complex by nature.
After weighing all of our options, we have realized that we have no option but to go into receivership. We will settle all accounts with a online claim process that we are currently in the process of working out.
We will release more detailed information about the security breach, the claim process, and our balance sheet in the next few days.
Tom Williams
I wonder if the selloff yesterday was the scare of mybitcoin or was the person that hacked it selling his stolen btc's.?
-
http://MyBitcoin.com
http://xqzfakpeuvrobvpj.onion
both work
just the message quoted above.
-
you guys might be ok.. This was just barely posted on mybitcoin.com
From the desk of Tom Williams, operator of MyBitcoin.com
For immediate release.
As you have probably noticed, MyBitcoin.com had been down for almost a week due to an unfortunate event.
On Friday of last week we noticed that one of our pooled holding servers was missing a large amount of Bitcoins. After a prompt investigation we realized that the security of our SCI (Shopping Cart Interface) system had been breached by an unknown attacker.
Our response was rash, but necessary. We simply switched the system off until we could have system-wide forensics performed. The forensics took some time, as the system is quite complex by nature.
After weighing all of our options, we have realized that we have no option but to go into receivership. We will settle all accounts with a online claim process that we are currently in the process of working out.
We will release more detailed information about the security breach, the claim process, and our balance sheet in the next few days.
Tom Williams
Too bad you've lost almost all your users, Tom. "Rash" is not the word for your response ethic. It's called "AWOL". Therefore, we're out.
-
since i only stand to lose a few btc, i see this as a relatively cheap lesson on why i should have hosted my own wallet in the first place.
i've since done so, and feel much better about the security of my coins.
-
since i only stand to lose a few btc, i see this as a relatively cheap lesson on why i should have hosted my own wallet in the first place.
i've since done so, and feel much better about the security of my coins.
+1
-
I really don't think it's a scam. If they were to scam why not just turn off withdrawals from the wallets but let people continue to deposit bitcoins? Makes no sense to shut down the entire site if the plan is to steal bitcoins. Lock down withdrawals when there are already a lot of bitcoins on the site and then just let them continue to flow in until everyone realizes it's a scam and no new bitcoins are being deposited, then you would shut down the site and run with the coins. Also no bitcoins have been moved out of Mybitcoin yet in the blockchain, so it really looks like the site is down not a scam.
Ok I am about to drop a powerful bit of knowledge for you all. Myshitcoin.com's admin has not answered any messages for over a month.
There are over 1.3M USD on that toilet of a site. The owner resides in St. Kitts, Nevis - and I really don't think he'll be caught. The possibility of LE in that region cooperating is little to none.
It's beyond a scam, it's a grand theft. This is from a REAL post and is NOT fake. Don't ask me where it's from.
Wow had no idea it was so big, 1.3M yeah guess my logic about them just turning off withdrawals so they can keep accepting coins could easily be wrong since they already had a pile like that. I'm new to BTC and SR, but I've been scammed by gambling sites that don't pay out and they always stay open still accepting new customers to fleece, which is why I thought, or hoped that mybitcoin wasn't a scam.
I read the new message on the site, hopefully everyone gets most of their coins back.
-
Is nobody else concerned that they in fact were rooted and the attackers are just trying to get passwords that they can't decrypt? Just wondering if that only occurred to me..
-
I just dont know what to think, mtgox, mybitcoin all in short period of time..just dont know..fishy!!!
-
@smokeourbowls
No,
1) MyBitCoin PGP signed their statements. People with any PGP experience don't store their private key on a public computer, so chances are it is really them.
2) People should not reuse passwords, but anyone who did hopefully learned their lesson with MtGox and are not going to make the same mistake twice in a row.
-
2) People should not reuse passwords, but anyone who did hopefully learned their lesson with MtGox and are not going to make the same mistake twice in a row.
They're asking you to give your usr/pwd in order to claim your losses... I'd really like to get my change back.
-
I think when MtGox happened, they just took advantage of the situation and claimed some loses as well. It was an easy scapegoat. This on the other hand looks like someone wasn't too happy and wanted to fuck MBC. The sci should have been checked a little more, I wonder what method they used.
-
Did you guys see their accounting disclosure? It looks like you'll only be getting half your money back.
http://xqzfakpeuvrobvpj.onion/accounting.txt
MYBITCOIN ASSETS AND LIABILITIES DISCLOSURE
Liabilities (Bitcoin) Assets (Bitcoin) Percentage
-----------------------------------------------------------------------------
154,406.34272079 75,666.76066691 49%
That means someone out there walked away with $600k worth of coins (worth even more at the time of the theft).
-
My spidey senses tell me that being so close to 50 percent isn't just coincidence. Im betting that Tom ran off with the money.. He said it was "trickled" off for a few days. So, 1/2 your money is gone and you call that a trickle? Plus, they didn't see that they were getting fleeced? They should have seen any unusual patterns within a few hours, not days. I'm sorry, but Tom has your money..
Ok, since there was one sell of 30k bicoins and another of about 20k bitcoins over this weekend, that would mean that there is probably 20k bitcoins that are still out there (assuming that these are the btc's that were "fleeced"....
Its ironic how soshi made a digital currency so that there cant be any counterfeits,etc he must of not thought of all the scams that are done..lol..MT gox, now this.. This only hurts the btc. if people dont have faith in a currency, no one is going to buy it.. you can forget about mainstream companies to use it. I sure as hell wouldn't use it in my main stream business.
-
Exactly what I was thinking, chronic. Also, the way he's handling this "receivership" (For those of you who aren't hip to business lingo, that means they're bankrupt and are selling off all their stuff to try to pay back the people they owe money to. Usually it ends with the company going out of business for good.) doesn't strike me as very honest either: First of all, he's refusing to get any third parties involved or lift his anonymity, and second, I can think of at least two assets that he has that could help recoup the money he "lost". The domain name could probably fetch a few thousand dollars, and the source code, instead of becoming a "gift to the community", should be sold as well. You have responsibilities like that when you lose other people's money.
-
My spidey senses tell me that being so close to 50 percent isn't just coincidence. Im betting that Tom ran off with the money.. He said it was "trickled" off for a few days. So, 1/2 your money is gone and you call that a trickle? Plus, they didn't see that they were getting fleeced? They should have seen any unusual patterns within a few hours, not days. I'm sorry, but Tom has your money..
Ok, since there was one sell of 30k bicoins and another of about 20k bitcoins over this weekend, that would mean that there is probably 20k bitcoins that are still out there (assuming that these are the btc's that were "fleeced"....
Its ironic how soshi made a digital currency so that there cant be any counterfeits,etc he must of not thought of all the scams that are done..lol..MT gox, now this.. This only hurts the btc. if people dont have faith in a currency, no one is going to buy it.. you can forget about mainstream companies to use it. I sure as hell wouldn't use it in my main stream business.
You are right on the money, once again, CP! In any situation where there is a loophole you only have to leave it to homo sapiens to find a way to exploit it and screw their fellow humans. :( Also, I hate to say it, but I finally believe you're right about Tom. All the guys who were early adapters with BTC know the numbers and patterns inside and out. To think he could be so distracted or whatever that he didn't notice 50% of the entirety of his companies coins going out...that's one of those ones that if you're in court they call you a liar because they say it's negligence (as in "he knew or should have known").
I find it particularly sad that the people, like yourself, who do actual work (and do it well) to earn their BTC are always the ones who lose out in any scam/hack/devaluation and the ones who steal just get away scott free because of the anonymity. I really hope one of the tech gurus figures out how to find the people who do this kind of thing. They are the scum of the Earth and if they thought there was even a tiny chance they could be discovered, I'm pretty sure their cowardice would prevent them from doing the stealing.
Hopefully the systems used by institutions (like Mt. Gox) will be made bulletproof (or nearly) and all of the guys who have hoarded BTC since the beginning will finally let go of it and monetize it so we can all get back to the business of business. The only saving grace is that BTC tends to slowly but surely rise right back towards it's "pre catastrophic event" level every time this happens. I think that speaks to the persistence of people wanting to get hold of the unique products available for BTC (read: drugs! ;) ) more than it does to anything else. I also think that even if there are only ever 50,000 people in the world who use and trade BTC that that's enough to make a small but very viable economy with them. :D
-
So I processed my claim today and only got half of what I had there, thought it's better to get some than none. Never will I trust an online wallet again. Losses are not too much, did not have a lot in there, but I am not a happy person over it. What pisses me off the most is the lack of responsibility these guys take. "Tom" mentions someone was trickling coin out, but 78,739.58205388 is not exactly a trickle over a few days! it's more a massive theft over several days! From the sounds of it, there is no official bankruptcy happening here so Tom has no protection whatsoever from a lawsuit. There needs to be an investigation into who this Tom Williams really is and then a class action launched against him.
-
I'm afraid Tom will retire to a small community on the shores of mexico or some place like that. I highly doubt you will ever hear or see him again. Also, he says that he is going to release his software to the community. i hope somebody goes over that code with a fine tooth comb. I bet he will put vulnerabilities in it so that he can steal again.
It sure was convenient to say "we had a small leakage for a few days" he downplayed it big time. I thought there would be a lot more than what there was. Also, who knows the system better than tom? I can guarantee you he knew all the issues with his code. He played it perfectly.
I also thought people were keeping track of the bitcoin addresses and none had moved. So, if that is correct, how could this leakage take place? wouldnt there need to be an address it "leaked" to? It just smell rotten from beginning to end..
-
The entire claim process is only so Mr. Tom Williams has plausible deniability if he ever is tracked down and prosecuted. This guy is no amateur. He's covering his bases 100%.
The only way anyone will ever believe his story is full disclosure of the security vulnerability + code + logs. He has released none. You can bet your ass the code will be fixed once it is released.
A couple good links:
http://www.betabeat.com/2011/08/05/mybitcoin-disappeared-with-bitcoins/
http://www.betabeat.com/2011/08/08/mybitcoin-spokesman-finally-comes-forward-what-did-you-think-we-did-after-the-hack-we-got-shitfaced/
http://pastebin.com/MfPt99eR
-
This account has a balance of 0. There is no need to file a claim. If you have already filed a claim you can disregard this error.
:(
-
The entire claim process is only so Mr. Tom Williams has plausible deniability if he ever is tracked down and prosecuted. This guy is no amateur. He's covering his bases 100%.
The only way anyone will ever believe his story is full disclosure of the security vulnerability + code + logs. He has released none. You can bet your ass the code will be fixed once it is released.
A couple good links:
http://www.betabeat.com/2011/08/05/mybitcoin-disappeared-with-bitcoins/
http://www.betabeat.com/2011/08/08/mybitcoin-spokesman-finally-comes-forward-what-did-you-think-we-did-after-the-hack-we-got-shitfaced/
http://pastebin.com/MfPt99eR
+1 excellent links. the guy is a professional, but eventually they get theirs. myshitcoin has permanently tarnished the idea of a third-party e-wallet.
keep your wallet in a local (no, not next to you) box - or keep your BTC in mtgox / TH.
b
-
I would also recommend getting a yubikey for those on Mt. Gox. I could post my username and password to mt.gox and no one could get into my account without the key. Its awesome. The only downside is that I would be screwed if I ever lost it.. Its water proof, pretty much crush proof. It only cost 30 bucks.
Every time you log in you touch it and it creates a new key to let you in. I feel a lot safer with it...
-
Every time you log in you touch it and it creates a new key to let you in. I feel a lot safer with it...
+1 it's the best thing that mtgox has come out with yet...keeps them at the forefront of security. After getting their assholes ripped open, they got serious - TH does not offer this, and may - but remember it was mtgox's answer to users who were very concerned with security. OTP (one time password @ 44chars is balls). You also need to physically touch it. No botting. Unless your bot does reverse forensics. (Hit me up with that code.)
Yubikey is ESSENTIAL for those who want the maxiumum security. as CP said however, the only caveat is losing it. get a piercing on your nutsack and make that shit your keychain!
b
-
Every time you log in you touch it and it creates a new key to let you in. I feel a lot safer with it...
as CP said however, the only caveat is losing it. get a piercing on your nutsack and make that shit your keychain!
b
Already done, the only problem is that when banging the wife she complains every time it hits into her, lol... (she would kill me if she saw this post, lol even though im joking)