[2014-03-04] MtGox Issues New Statement, Blames Software Bug

Realpra

hero member

Activity: 815

Merit: 1000

Quote from: ISAWHIM on March 04, 2014, 01:19:26 PM

It is a bug... An exploit exploits bugs in software... Glitches, bad programming, poor execution... (Bug = undesired operation.)

He just stopped claiming ownership of the bug/flaw. Tongue

Termed because it "bugs you"... (Bug, bother, annoy, haunt)

I believe that is a political play on words.

Actually old old computers frequently broke because of actual living bugs crawling inside and messing with the radio tubes.

Or so I heard.

imready2rock

member

Activity: 98

Merit: 10

Best pic ever - that's the TRUE answer to what was the reason of MtGox's crash ! That's not a bug that's Mark Karpeles incompetence and giving a fuck on their customers.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

new statement for the victims:

Wanesst

sr. member

Activity: 421

Merit: 250

It sounds like a political play on words Wink

bitbouillion

sr. member

Activity: 868

Merit: 250

If it's a bug in the bitcoin system, why other exchanges did not get robbed?

joulesbeef

sr. member

Activity: 476

Merit: 250

moOo

its more than a software bug..

you shouldnt have a software bug that could empty your entire balance, both customer and own balance.

thats almost nooby retarded.

I dont keep all my coin on one exchange.. you cant rob me all at once.. i get it is different but there shouldnt have been that ability.. even with the flaw. There is little reason why anyones accounts even the ceo should have access to 800,000 btc pot.

a bug is a hole in your egg basket.. having all your eggs in that basket, is more than a bug.

LiteCoinGuy

legendary

Activity: 1148

Merit: 1014

In Satoshi I Trust

stupid idiots. but they will get their fine. we will see lawsuits over years. have fun goxi.

db

sr. member

Activity: 279

Merit: 261

This explanation would make the actions of MtGox not criminal but it doesn't hold up. No problem in their handling of malleability can empty their cold storages of hundreds of thousands of bitcoins.

ISAWHIM

hero member

Activity: 504

Merit: 500

It is a bug... An exploit exploits bugs in software... Glitches, bad programming, poor execution... (Bug = undesired operation.)

He just stopped claiming ownership of the bug/flaw. Tongue

Termed because it "bugs you"... (Bug, bother, annoy, haunt)

I believe that is a political play on words.

Ripdon007

full member

Activity: 280

Merit: 100

So now the issue with mtgox was a "software bug" lol wow

https://coinreport.net/mtgox-issues-new-statement/

Topic: [2014-03-04] MtGox Issues New Statement, Blames Software Bug (Read 1127 times)