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Topic: Bitcoinica MtGox account compromised - page 37. (Read 156012 times)

legendary
Activity: 1022
Merit: 1000
July 13, 2012, 07:06:45 AM
#90
...
no comments
member
Activity: 60
Merit: 10
July 13, 2012, 07:04:16 AM
#89
This is all nonsense without facts to back it up.

Does it really make less sense than the story being told here?
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
July 13, 2012, 07:03:20 AM
#88
I just finished reading page one, and I can't believe what I'm reading. I serious can't.

There's is no way in the name of Jehovah that a police report should not be filed.

If a police report is not filed within 24 hours, I will start a petition, amassing names of those who demand a scammer tag be affixed to all user names on this forum attached to Bitcoinica, staying on their account until every last $ or BTC is returned.

At this stage, there is no fucking reason why a police report should not be filed.

24 HOURS!!! Mark!

~Bruno~
donator
Activity: 1731
Merit: 1008
July 13, 2012, 06:56:54 AM
#87
How many attempts does LastPass give people to enter their password before locking the account?
...

LastPass uses offline (aka client-side) authentication, so basically you get unlimited attempts at guessing a password. This is not a bad thing per se, provided the password is strong enough and *randomly generated*.

False, Lastpass provide an offline feature*, you first must log into it to download the encrypted content.
legendary
Activity: 980
Merit: 1020
July 13, 2012, 06:54:35 AM
#86
My theory is that genjix sold the bitcoins short hoping to buy them back cheaper. That explains  http://bitcoinmedia.com/bitcoin-euro-stories-are-exaggerated/.

But, the price went up 50% and so 1/3 of the bitcoins were 'lost'. genjix is a poker player and gambler. Also this would explain the desperate sell walls of 40k btc of the last couple of days.

I hope I am wrong..

This is all nonsense without facts to back it up.
member
Activity: 60
Merit: 10
July 13, 2012, 06:53:33 AM
#85
My theory is that genjix sold the bitcoins short hoping to buy them back cheaper. That explains  http://bitcoinmedia.com/bitcoin-euro-stories-are-exaggerated/.

But, the price went up 50% and so 1/3 of the bitcoins were 'lost'. genjix is a poker player and gambler. Also this would explain the desperate sell walls of 40k btc of the last couple of days.

I hope I am wrong..
legendary
Activity: 980
Merit: 1020
July 13, 2012, 06:49:31 AM
#84
PS I have nothing in bitcoinia, just observing with disbelief.

Me neither. Sorry for everyone that was involved. It must be a sucky day to be the owner of bitcoinica.

But still..Bitcoin not in cold wallet? WTF MAN? This is basic bitcoin security 101.
legendary
Activity: 4354
Merit: 3614
what is this "brake pedal" you speak of?
July 13, 2012, 06:47:43 AM
#83
if they had paid out all those verified claims in a timely manner, there (probably) wouldnt have been all that coin and money in mtgox to steal.

PS I have nothing in bitcoinia, just observing with disbelief.
legendary
Activity: 1153
Merit: 1012
July 13, 2012, 06:47:02 AM
#82
No, this is not the users' fault. Why should the bitcoinica users eat all the loss?

+1

It makes no sense to make us eat the loss. That is their own fault. They need to all stop taking a paycheck like Zhou did and/or start eating muesli with even cheaper milk and cough up the money out of pocket.

Some of us have undeniable proof and we want our money back.

+1
sr. member
Activity: 435
Merit: 250
July 13, 2012, 06:44:39 AM
#81
Because I was having that much faith into bitcoins.

Having faith in Bitcoins and having faith in Bitcoinica are two SO DIFFERENT things...
full member
Activity: 134
Merit: 100
July 13, 2012, 06:39:39 AM
#80
I think this is a dream. While I didn't have money on bitoinica this amount of fail is just impossible.

At least MtGox imposes some limits, otherwise all the money would have vanished.
legendary
Activity: 1092
Merit: 1016
090930
July 13, 2012, 06:37:58 AM
#79
How many attempts does LastPass give people to enter their password before locking the account?

It seems almost impossibly unlikely that a hacker happened on the correct password to LastPass in the three attempts or so they probably allow.

Is LastPass being criminally negligent maybe, allowing hackers to automatically try every password and every gobbledegook string they found anywhere in Bitcoinica's records and source code?

What the hell would make some string from some code someplace be one of the first three guesses a hacker would try?

It seems far far more probable that the guy who set the LastPass password is the thief or a co-conspirator of the thief or (damn I hate providing ready made excuses for the guy) a keylogger or somesuch was used to discover the password.

There is just pretty much no reason at all to try such a stupid guess as to the LastPass password. You'd have to already know it is the right one to even consider trying it.

I really hate this crap, I do not ever want anyone putting more than 1/3 of their savings into my server. The fact that some idiot probably will anyway if there seems to be profit to be made by doing so makes me want to run three separate servers and divide everyone's balances among them or just bury all the assets backing the tokens in a timecapsule and let in and out exchange be done by third party marketmakers.

Oh and Genjix, if you didn't do it don't let it get to you. The weird stories one hears about how bitcoins managed to vanish make me paranoid that someone is going to spill their coffee and it will track all over the floor and "accidentally" spell out my private keys or something, it seems about as likely as the stuff that happens all the time around bitcoins thus not unlikely at all presumably. So don't assume anyone else didn't do it just because you didn't, either.

-MarkM-


LastPass uses offline (aka client-side) authentication, so basically you get unlimited attempts at guessing a password. This is not a bad thing per se, provided the password is strong enough and *randomly generated*.
hero member
Activity: 530
Merit: 500
July 13, 2012, 06:29:42 AM
#78
Edit: The API key was changed, but someone had a LastPass account with the same password as that, and was actively updating it with new passwords.

It's unlikely that anyone who uses LastPass would actively use an external string as master password without understanding the security implications.

It's likely it was done on purpose.

legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
July 13, 2012, 06:24:50 AM
#77
WTF man? Why aren't the bitcoin stored in a cold wallet?
This is a scam  Smiley
full member
Activity: 154
Merit: 100
July 13, 2012, 06:23:58 AM
#76
WTF man? Why aren't the bitcoin stored in a cold wallet?

Bitcoinica didn't have any of my bitcoins so I'm just an observer, but why don't we see a message saying that the remaining ones are now at last stored in a cold wallet? Isn't it the case now? I have the feeling that people "in charge" only talk about the past, never about the present or the future.
member
Activity: 63
Merit: 10
July 13, 2012, 06:22:49 AM
#75
No, this is not the users' fault. Why should the bitcoinica users eat all the loss?

+1

It makes no sense to make us eat the loss. That is their own fault. They need to all stop taking a paycheck like Zhou did and/or start eating muesli with even cheaper milk and cough up the money out of pocket.

Some of us have undeniable proof and we want our money back.
hero member
Activity: 530
Merit: 500
July 13, 2012, 06:22:06 AM
#74
@DarkEmi @hatshepsut  and all others.
Sorry to put you up front with the hard truth, buth...
Rule #1: Don't invest money you cannot afford to lose.
I am pretty sure iam not the first one that tells you this right?
legendary
Activity: 980
Merit: 1020
July 13, 2012, 06:21:04 AM
#73
WTF man? Why aren't the bitcoin stored in a cold wallet?
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
July 13, 2012, 06:20:07 AM
#72
Hacked, no backup and then hacked again?



This is a scam, i no more believe the hacking bullshit  Roll Eyes
legendary
Activity: 2940
Merit: 1090
July 13, 2012, 06:19:18 AM
#71
How many attempts does LastPass give people to enter their password before locking the account?

It seems almost impossibly unlikely that a hacker happened on the correct password to LastPass in the three attempts or so they probably allow.

Is LastPass being criminally negligent maybe, allowing hackers to automatically try every password and every gobbledegook string they found anywhere in Bitcoinica's records and source code?

What the hell would make some string from some code someplace be one of the first three guesses a hacker would try?

It seems far far more probable that the guy who set the LastPass password is the thief or a co-conspirator of the thief or (damn I hate providing ready made excuses for the guy) a keylogger or somesuch was used to discover the password.

There is just pretty much no reason at all to try such a stupid guess as to the LastPass password. You'd have to already know it is the right one to even consider trying it.

I really hate this crap, I do not ever want anyone putting more than 1/3 of their savings into my server. The fact that some idiot probably will anyway if there seems to be profit to be made by doing so makes me want to run three separate servers and divide everyone's balances among them or just bury all the assets backing the tokens in a timecapsule and let in and out exchange be done by third party marketmakers.

Oh and Genjix, if you didn't do it don't let it get to you. The weird stories one hears about how bitcoins managed to vanish make me paranoid that someone is going to spill their coffee and it will track all over the floor and "accidentally" spell out my private keys or something, it seems about as likely as the stuff that happens all the time around bitcoins thus not unlikely at all presumably. So don't assume anyone else didn't do it just because you didn't, either.

-MarkM-
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