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Topic: Exchange accidentally sent 512 bitcoins after coding error - page 4. (Read 35497 times)

legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
Since english is my secondary language you can't expect proper english from me. And this thread happens to be in the newbies forum while it should be moved to another forum. Why this thread is still here? It has nothing related to "newbies"

And as it was already said before, this can very well be a scam of the exchange
newbie
Activity: 27
Merit: 0
bebop wake up, this can very well be a scam, there can be NO bendavis and his 511btc

If you want to explain something feel free, but your wake-up calls will be best served to the sleepy (yes its an impolite sentence opener). Since you (with 400+ posts) are in the newbie forum, please have some respect and impart your knowledge minus the negative connotations.

Now in proper English, please re-explain whatever it is you are trying to say.

There "can be NO bendavis" in effect has zero meaning. Do you mean to say that "there IS NO bendavis", or "there MIGHT NOT be a bendavis".
legendary
Activity: 1148
Merit: 1008
If you want to walk on water, get out of the boat
bebop wake up, this can very well be a scam, there can be NO bendavis and his 511btc
newbie
Activity: 27
Merit: 0
@stalin-chan I stand corrected.

On separate matter: Poor BenDavis was forced into a situation where his moral character was put on the line. He has to choose to return the 511 BTC or keep it -- both of these decisions can lead to serious regrets -- give the BTC back, and regret spending it for being weak (nice guys finish last etc etc) -- or keep the money and lose your moral character to the ideal of becoming a thief. Being human, these are not easy decisions to make for all people. A happy compromise might have been to return most of it (two thirds for example), and keep the remainder as compensation for the heartache of deciding.

If you do read this Ben, I hope you are able to reconsider and give a portion back -- I get the feeling this chapter is closed though for now.

phantomcircuit I hope you can bounce back from this, and make your business more successful then even you hoped before.
hero member
Activity: 812
Merit: 1001
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nah... dude just does not know that he can run 2 different browsers, one via tor and one direct.
full member
Activity: 196
Merit: 100
...its stereotypical of an IT computer programmer to know a lot about his specified field, but lack significantly in human social interactions...

Let's not be too assuming, if he didn't lack in his programming he wouldn't be in this situation.
newbie
Activity: 27
Merit: 0
Dude probably could have recovered a portion if he didn't try to strong-arm the guy infront of other people.

"Please"

"Finders Fee"

"How can we work this out"

I didn't see any of those approaches.

Edit: I did see a lot of

"Theif"

"Calling the Police"

"Felony charges".


When dude tried strong-arming infront of others, other dude naturally felt compelled not to appear 'weak'.

Couldn't agree with you more. No one knows for sure if diplomacy would have worked, but its a sure thing that opening with threats is not the way to affect a positive change in your adversary. Sadly its stereotypical of an IT computer programmer to know a lot about his specified field, but lack significantly in human social interactions.

Ideally I would absolutley like to see a satisfactory ending to this story, with your money returned -- just know that when it isn't returned, its no single person's fault. Conditioning and other factors play their roles in every social interaction and its both parties who share responsility in this case.
full member
Activity: 196
Merit: 100
It is other users bitcoins in a way. And the owner of the exchange is liable to replace all of them, its highly unlikely he will ever get his coins back though.

Morally I would suggest returning the coins, but Bitcoin as a system fully supported this transaction so the way I see it they are no longer the exchanges coins, nobody deceived the computer into making the transaction only the programmer told the computer to give out the wrong amount.
legendary
Activity: 1358
Merit: 1002
psy is that a tesseract?

yes, performing a double rotation. dunno why, but the forum stretches the image.

The original can be seen here

full member
Activity: 126
Merit: 100
The currency is NOT totally anonymous unless certain steps are taken you connect your reputation to an identify on almost all the current ways of trading bitcoin.  With certain tumblers and what not you can achieve almost total anonymity but not absolute because of the traceable nature of transactions.  It is you who are clueless if you think bitcoin is completely anon.



 

Oh, so you can track people through their wallet addresses?  You can find out who created a wallet address and when?  You can see how many addresses a person has and which belong to him?

full member
Activity: 196
Merit: 100
psy is that a tesseract?

legendary
Activity: 1834
Merit: 1020
You are in the wrong thread here. Here people are even discussing how to assassinate the CRIMINAL (they already decided he is a criminal)

Uhm he confessed to an act that is criminal in the territorial jurisdiction he resides in. He decided he was a criminal. Most happen to agree.

If I were Intersango and I wanted to scam 512 BTC, I would do it as follows.

1.)  Abuse a known bug and claim it was unknown.  This is unverifiable.
2.)  Act as both sender and receiver of BTC and play defense for both sides well.  This IS verifiable, so I'd hafta be good to make sure I don't eff it up.  I'd have 2 computers side by side, 1 using my regular IP address and the other connected to TOR.  I would go onto a chat and argue and accuse myself of lying, ignoring an error/stealing, and make it look like a genuine argument.
3.)  Cash out BTC for USD and profit.
4.)  Go onto the forum and continue the heated exchange for multiple purposes:  1.)  To realistically make it appear as though this is a legitimate issue that is worth the forum's attention  2.)  To create a false dichotmoy:  Either it was my stupid mistake, or some lucky receiver is a criminal   3.)  Gauge forum users' concerns and use their feedback to identify any holes in my plan that i missed  4.)  Buy time to fix these holes.
5.)  Laugh.

I don't understand. Step 3.) is not really profit since it's his own BTC he's exchanging for USD, so no profit.

What's to gain from such play?


Wouldn't it be technically be other users' Bitcoins?  Like, if Tradehill accidentally sent me 512 BTC rather than 1 BTC...it would come from other users, right?
legendary
Activity: 1358
Merit: 1002
Anonymous, but the transaction is and will be recorded forever in the blockchain.

Easier to prove that someone received a bitcoin transaction than proving that someone received a cash transaction.

Even after he actually spent the Bitcoin, as long as he keeps his wakket, any seizure of his computer would show that he was indeed the recipient of said transaction. Try to do that with spent cash...

One must also realize that Gerken is a SA troll and knows nothing about Bitcoin but thinks he knows everything and only he is right.
full member
Activity: 196
Merit: 100
The currency is NOT totally anonymous unless certain steps are taken you connect your reputation to an identify on almost all the current ways of trading bitcoin.  With certain tumblers and what not you can achieve almost total anonymity but not absolute because of the traceable nature of transactions.  It is you who are clueless if you think bitcoin is completely anon.



 
full member
Activity: 126
Merit: 100
That's a stretch but if you makes you feel important knock yourself out. 

Never said anything about feeling important.  Simply stated that the log shows the Davis person admitting guilt and being a jackass and that a good course of action would just be to release his info so no one ever does any trading with him again at minimum and at maximum someone might do something not so nice.  I just do think the tone of this thread, that it's cool that he did what he did and you're f&^cked because you use bitcoins is cool on any level and shouldn't be encouraged - legal argument or not.





Yes release his information, and nobody will ever trade with him again, with a currency designed to be anonymous.  That'll be effective.  Get a grip.
full member
Activity: 196
Merit: 100
That's a stretch but if you makes you feel important knock yourself out. 

Never said anything about feeling important.  Simply stated that the log shows the Davis person admitting guilt and being a jackass and that a good course of action would just be to release his info so no one ever does any trading with him again at minimum and at maximum someone might do something not so nice.  I just do think the tone of this thread, that it's cool that he did what he did and you're f&^cked because you use bitcoins is cool on any level and shouldn't be encouraged - legal argument or not.



donator
Activity: 2772
Merit: 1019
You are in the wrong thread here. Here people are even discussing how to assassinate the CRIMINAL (they already decided he is a criminal)

Uhm he confessed to an act that is criminal in the territorial jurisdiction he resides in. He decided he was a criminal. Most happen to agree.

If I were Intersango and I wanted to scam 512 BTC, I would do it as follows.

1.)  Abuse a known bug and claim it was unknown.  This is unverifiable.
2.)  Act as both sender and receiver of BTC and play defense for both sides well.  This IS verifiable, so I'd hafta be good to make sure I don't eff it up.  I'd have 2 computers side by side, 1 using my regular IP address and the other connected to TOR.  I would go onto a chat and argue and accuse myself of lying, ignoring an error/stealing, and make it look like a genuine argument.
3.)  Cash out BTC for USD and profit.
4.)  Go onto the forum and continue the heated exchange for multiple purposes:  1.)  To realistically make it appear as though this is a legitimate issue that is worth the forum's attention  2.)  To create a false dichotmoy:  Either it was my stupid mistake, or some lucky receiver is a criminal   3.)  Gauge forum users' concerns and use their feedback to identify any holes in my plan that i missed  4.)  Buy time to fix these holes.
5.)  Laugh.

I don't understand. Step 3.) is not really profit since it's his own BTC he's exchanging for USD, so no profit.

What's to gain from such play?
full member
Activity: 126
Merit: 100
That's a stretch but if you makes you feel important knock yourself out. 
full member
Activity: 196
Merit: 100
Wasn't that supposedly figured out and the issue is done with? I don't see Bruce on here organizing anything anymore.

Post the log, and post the takers personal details.  That is the only recourse and some of these so called 'nerds' can cause some serious havok if the want to.  Need I mention lulz?  They did quite amazing things and accepted bitcoin donations.





lulz has what to do with this forum again?

Bitcoin was lulz primary form of payment.... and this is a _________ forum? Come on smarty pants you can figure out the answer!  Good troll! Good little troll!  Now go away.

Jeeze...



newbie
Activity: 18
Merit: 0
lol, PHP in itself is a crime against good code

Citation needed...

You won't get one; all you'll ever get is elitist hyperbole - more often than not from someone who read it somewhere else.

The use of English on this forum is somewhat analogous. The language does not itself necessitate the production of incomprehensible drivel, but it certainly allows it.
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