Topic: Bounty for the MyBitcoin.com hacker (~25BTC) - page 2. (Read 9289 times)

My my how quickly things change in the bitcoin world lolz 

Here's the theory about what happened to MyBitcoin: https://bitcointalksearch.org/topic/mybitcoin-was-probably-a-scam-and-if-it-was-heres-whos-responsible-40417

The guy on the pic is a Norwegian parish priest named Einar Gelius, and the ‘sex sign’ is from the cover of his book “Sex in The Bible”.

Cheers,

Why would someone call you? So you can give the same exceptional advice you given before, when you recommended mybitcoin?

Stop making a fool of yourself!  

WE SHOULD KILL THIS THREAD....

I'm willing to hold the bitcoins in escrow while the bounty is being established, and I will dispense the bounty when the target is captured.

If you need character references PM me.

MyBitcoin.com USERS HAD BITCOIN STOLEN. They are returning a portion 49% of them to you: Not sure where to send them? CALL ME. 646-580-0022

Yes I'm just falling all over myself to grab your little pittance of bitcoins, give a rest you nutter

Prove it.

(Ok, that's sorta dickish, but it's still a valid demand.)


Nice of you to believe that. However, as long as this is the experience of anyone trying to order:


then it really doesn't matter what you believe. Skepticism, like charity, begins at home. You can call it security theater, but what you have right now looks like a bad 6th Grade production of Our Town.


Not even close. I've had numerous flash drives over many years. Never once have had one stolen. I honestly ask you to name a reputable bitcoin service. We can all name several that turned out to be somewhere between conspiracy and woefully incompetent. I understand BCEmporium's point about scaling from $.01 to $30.00$20.00$10.00$7.50 in value and the attendant change in security requirements. But, at this point, the relationship between bitcoin service providers and the community looks an awful lot like battered woman syndrome.

BSP: C'mon, baby, just trust me. I promise I won't hurt you again.
BitCommunity:  ...  ... ... OK! What's your address?!



A minor fix for you, did you catch it? And with that fix, I'll add: the reason Gold is going through the roof (Hey what's that down there? Oh that's $1,700/oz) is that people are beginning to store their entire net worth in their basements in the form of Gold. The primary reason for that is because deregulation in the financial sector has led to almost immediate and continuous bubble-bust cycles and ridiculous things like BOA writing devastating CDSs on European Sovereign Debt. Before I'm labeled a socialist, I don't think bitcoin services should be regulated by national governments. But there needs to be a body that regulates and enforces standards or we will have the same bubble-bust cycle with less confidence (bitcoin has no backstop).  FFS, we are a peer to peer community that is developing our own currency. I'm sure we could come up with a democratized process of self-regulation and enforced transparency on service providers that goes beyond appearing on The Bitcoin Show.


Translation: C'mon, baby, just trust me. I promise I won't hurt you again.

While control of the PKI system is in the hands of too few..  I still appreciate the traceability that an EV certificate would give.

We know any old certificate will do the encryption job just fine - what is needed is something that gives a bit more than just 'domain control' as far as verifying *who* the party on the other end of the cert is.

I'd also like to see more contact information and info about the company and principals on the bitbills site.

As it is - I've chosen to trust bitbills for a small amount.  
In the wake of the mybitcoins fiasco however, I'm not so comfortable recommending bitbills to friends/family.

I already have the argument that keeping a copy of the private key would put at risk a legitimate profitable business model... the extra argument I need to nudge me across the line to being comfortable recommending bitbills - is obvious traceability to a registered business.
(even if it's just a sole trader - that's fine.)

Being coy about who you are is not a great idea when trust is such an important part of your business model.
Your website's lack of transparency in that regard is not confidence inspiring.

Bitbills here, want to address a few things.
I won't address the security of our products or their manufacturing process, as we've covered this elsewhere.

On the topic of our SSL certificate, we find it hard to believe that a community as skeptical as Bitcoin holds much faith in the security theater that is the modern Public Key Infrastructure. Recent events have shown that none of the "authorities" can be absolutely trusted. We believe that a CACert, WOT based certificate is better than any commercial offering, but due to requests from the community we've moved to a commercial solution. If anybody has any doubts about whether the public key is truly ours, I'd be happy to personally send them a postcard with a copy of our public key.

Regarding bitcoin storage, there is absolutely no perfect solution. There are advantages to home-grown storage solutions, but also to solutions that do include an element of trust. While there's certainly a risk of a webwallet turning criminal, there's also a risk that you accidentally left the bitcoin client open when you backed up your wallet and corrupted your coins. Indeed, others have lost nearly as many bitcoins as Bruce did to MBC simply because they didn't encrypt their home-stored wallet.dat file, or made some other small mistake. At some point, people need to honestly ask themselves whether its more likely that a reputable bitcoin service will turn out to be a massive conspiracy, or that their flash drive will get stolen.

There's a very good historical precedent here: traditional currencies. There's no theoretical reason why somebody couldn't store their entire net worth in their basement as cash, but they don't do it. Why? Trusted banks provide services that they need, and probably more security too. Being a digital currency, bitcoin doesn't have many of the problems that banks solve (e.g., bitcoin has no need for huge storage vaults or ACH). But bitcoin is not a miracle currency. For example, offline transactions between parties untrusting of each other are not generally possible with bitcoins, but with Bitbills this becomes possible.

I'm sorry I didn't have time to make this post shorter, but here's the big idea: every method of using bitcoins has risks, and sometimes trusting somebody else just a little bit is actually the least risky solution. Choice is better than no choice.

On a different, but related note, we're working very hard on a new product that we think will be a huge step forward for bitcoin storage: trustless bank cards. Details are forthcoming.

Thank you....and I wouldnt want it any other way personally....the socialists among us want everyone to play nice. The capitalists are looking to emphasize the risk/reward. If a person had a stack of cash in their hand, the socialist wants the thief not to take that cash....why cant we all get along? ......whereas the 'capitalist' wants him to take that cash because that incentivizes the victim not to be so stupid....its a brutal code of honor.
My 2 cents- the majority is going to be capitalist but appreciate diversity :-) so sometimes they are going to have to play along and go one step back(in their view).

The part that doesnt make sense to me is that this theft happens every day to the US dollar but there is no big stink about it. You dont hear the socialist complain that there will be no trust in the US dollar with all the corruption there....talk about a cesspool.

Well, hawks, this has been a year to tell the grandsons 

I came to bitcoin by May 10, stop mining around September 10. BTC was pretty much worthless back then and now has this huge value. By January you still see people betting when (or even if) btc would reach 10 USD... Adapt a security designed to store a few cents to one enough to hold millions of USD within so few time is a hard to do task. Nevertheless, the "pwnds" derive from people themselves, by over-centralize the bitcoin in a few places, like MtGox for exchange or MyBitcoin for storage.
Some lessons to be learned; from MBC to remain on topic, is that we come to figure the "small lie, big lie" rule. Apparently they retrieved Bidingpound's password whereas claim to have a password storage system that hashes it within SHA-256. And this is yet another issue to be taken, auth at mbc was lightning fast for such algorithm... an error of us all to overlook that suspicious server behavior. If bidingpound would spoke sooner we would look it more closely and push Tom to do things the right way or deem his site as unsafe... but that's a whole bunch of "if's". Lessons to be learned.

Yeah, and I keep exactly $0.00 in PayPal for that reason and only pay via (disputable) credit cards through them when no other choice is available. The point here is that if the Bitcoin community intends to promote BitCoin as a secure, private, [ano | psuedo]nymous currency and we are all security minded hackers then Bitcoin and it's ecosystem needs to be at least as secure as the competing financial instruments out there. So far, all the security minded hackers are getting pwned every couple weeks. If we, self-selected, security minded hackers can't keep ahold of our coins then our economy will not grow much beyond the <35,000 members of this forum.

I'm counting on security improving over time. However, this idea of a "community of trust" hinders advancement of security and devalues Bitcoin.

You're forgetting (or probably totally unaware) of a "security" PayPal has and regular online banking in general have that no bitcoin based service in the world has.
You try to brutte-force PayPal from your home IP and in minutes you've a SWAT team and a forensics team dropping by your front door; you try to brutte-force a bitcoin service and... well... if a blue police car shows up, you're probably unlucky.

The "lucky" part is that most of us around are "hackers" (from all branches from White to Black) but this is no place for noobs or people asking for "common-life security"-; it's sort of the wild west of Economics; be safe or be dead.

Rewinding a bit, so you know Paypal's office address. Now what? If they rip you of, by their "random ToS violation lottery", you will you do what? Go there make noise? They will call the cops on you and put you out of the front door... and they CAN not only afford the "best security" but also the "best lawyers" - either way you're toasted.

Also I don't see why someone would put 25K BTC on someone's hands... online wallets are designed for store some change in case of you need to send btc somewhere and aren't at home or where you store your main wallet.

so whats happening here ...
should we drop the bounty idea?

Yeah, profitable businesses are hard to run. (no sarcasm)



I'm sorry, I just don't buy that a business (yes business) offering services online (bitbills is selling those cards online) can't afford US$700. I'll just restate - if you can't afford this simple security measure, you can't defend against an aggressive internet. Why should I trust you with my bitcoin? Because you went on somebody's streaming video program on the internets that has been viewed 700 times on YouTube? Golly, ok, let me send you my 25,000 BTC right now.

This whole pollyanna thinking about a community of trust is precisely whey BitCoins keep getting stolen. If you were a scamming, dishonest fraudster you'd be hard pressed to find an easier score than the BitCoin community of trust.

There's no difference between the two other than one is made of metal, and the other has a sticker over the private key.

we are talking about a bitbill bank card, not bitbills

Right... so let me see, I want to store it for nearly free but I want high-end security measures...
Also bitbills aren't an e-wallet, they aren't meant to "keep your bitcoins" anywhere but in the QR code printed in the bill.
This is a community of trust, holding tight against an aggressive internet and unfriendly banking service, as Paypal (who can afford those 700USD+whatever; thanks to the high fees they rake of their customers).