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hero member
Activity: 504
Merit: 504
PGP OTC WOT: EB7FCE3D
September 19, 2011, 02:49:44 AM
#9
https://bitcointalksearch.org/topic/bitbills-used-mybitcoin-33401
^^ this is the message that caused my headache.

knowing that mybitcoin's private keys were no way accessible to users I assumed all bitbills were affected.
maybe they redesigned their product, mybitcoin fiasco is dated July.
They relaunched their site in September.

conditional hooray for bitbills.


And maybe you don't know that bitbills were not selfcontaining pair of address & key but only a voucher & code to be redeemed by issuer, built on top of mybitcoin

No, they did contain a private key.  I cashed one out using nothing but bitcoinj and entering the private key.

I'm pretty sure for each card's actual bitcoins, the company would have to export money to a new private key, since you couldn't really do that internally in mybitcoin, but I'll have to dig out my remaining cards and test.

In such case I was wrong and admit that.
kgo
hero member
Activity: 548
Merit: 500
September 18, 2011, 04:01:51 PM
#8

And maybe you don't know that bitbills were not selfcontaining pair of address & key but only a voucher & code to be redeemed by issuer, built on top of mybitcoin

No, they did contain a private key.  I cashed one out using nothing but bitcoinj and entering the private key.

I'm pretty sure for each card's actual bitcoins, the company would have to export money to a new private key, since you couldn't really do that internally in mybitcoin, but I'll have to dig out my remaining cards and test.
hero member
Activity: 504
Merit: 504
PGP OTC WOT: EB7FCE3D
September 18, 2011, 10:18:15 AM
#7
I think they are worth only .49 cents if anything
In case you missed the info they used mybitcoin as wallet and suffered a loss

And maybe you don't know that bitbills were not selfcontaining pair of address & key but only a voucher & code to be redeemed by issuer, built on top of mybitcoin

So they failed because of MyBitcoin?

I got a friendly warning to check my info. Maybe they are just fine and working as expected (have personally no bitbill to try to redeem it)
I wish all people all the best, but I also noticed they used mybitcoin as wallet
as people they might be great, as business operators they might have made a mistake
full member
Activity: 125
Merit: 100
September 18, 2011, 09:52:22 AM
#6
I think they are worth only .49 cents if anything
In case you missed the info they used mybitcoin as wallet and suffered a loss

And maybe you don't know that bitbills were not selfcontaining pair of address & key but only a voucher & code to be redeemed by issuer, built on top of mybitcoin

So they failed because of MyBitcoin?
hero member
Activity: 504
Merit: 504
PGP OTC WOT: EB7FCE3D
September 18, 2011, 01:47:10 AM
#5
I think they are worth only .49 cents if anything
In case you missed the info they used mybitcoin as wallet and suffered a loss

And maybe you don't know that bitbills were not selfcontaining pair of address & key but only a voucher & code to be redeemed by issuer, built on top of mybitcoin
full member
Activity: 213
Merit: 100
September 18, 2011, 01:36:44 AM
#4
1 BitBill or 2 buying now

huh? What? Huh  Please use a sentence!
hero member
Activity: 770
Merit: 500
You're fat, because you dont have any pics on FB
September 17, 2011, 02:05:19 AM
#3
a just in case bump .... Tongue
sr. member
Activity: 445
Merit: 250
September 16, 2011, 08:25:08 AM
#2
I can help with the type 2's - I'm in UK, though, so if you're US, someone else would be more competitive for shipping. PM if interested.
hero member
Activity: 602
Merit: 502
September 16, 2011, 07:05:36 AM
#1
closed
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