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Topic: hmm this can be perfect time to steal some moneys? (Read 3651 times)

hero member
Activity: 1778
Merit: 504
WorkAsPro
Register some common mispellings of short words time?
legendary
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....


please explain. i am just a currency trader, i know very little technical information about the 'features' of bitcoin. /cryptocompsinewbie

Well, first, the negative sentiment wasn't directed at you, but rather at Mt. Gox.

Full disclosure: I don't use Mt. Gox, and am not fully aware of how their private key redemption works.

But from what I could tell from your comment, they seem to be translating simple strings into private keys (hashing them, perhaps?) and then giving you the public address to put money into.

IF that's the case then it means they've set up a system where casual users can use simple, short strings to represent their private keys.

I find that possibility disturbing, because while it would certainly be convenient, I would think it would result in an unacceptable number of private key collisions. That would seem irresponsible, IMO, on Mt. Gox's part.

I'd recommend not using single words or short phrases as your private key. It's just a bad idea.

Assuming that that's what's actually going on there, of course. (I would have thought someone who actually used Mt. Gox would have commented by now if that wasn't the situation though. Perhaps they still will?)
hero member
Activity: 686
Merit: 500
Shame on everything; regret nothing.
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....


please explain. i am just a currency trader, i know very little technical information about the 'features' of bitcoin. /cryptocompsinewbie

Don't worry.  Most of the computer geeks on this forum confuse technical competence with being intelligent.

If they were intelligent, they wouldn't be such dicks to the newbies.  They think they're sooooo smart.

+1
Although I am admittedly as computer geeky as I can get, because I love computers and being a geek, I also enjoy being a decent person.  BUT -- A smartass is always preferable to a dumbass, to a decent person.  Maybe the other way around if you're looking to be thief ;-)
legendary
Activity: 1834
Merit: 1020
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....


please explain. i am just a currency trader, i know very little technical information about the 'features' of bitcoin. /cryptocompsinewbie

Don't worry.  Most of the computer geeks on this forum confuse technical competence with being intelligent.

If they were intelligent, they wouldn't be such dicks to the newbies.  They think they're sooooo smart.
sr. member
Activity: 350
Merit: 250
I stand corrected 8/10
sr. member
Activity: 448
Merit: 250
this statement is false
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....


please explain. i am just a currency trader, i know very little technical information about the 'features' of bitcoin. /cryptocompsinewbie
donator
Activity: 2772
Merit: 1019
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....


lol
hero member
Activity: 518
Merit: 500
someone was faster on the draw in that case

Well I figured that out but what about the original first post ?

I am quite interested TBH.
donator
Activity: 3052
Merit: 1110
someone was faster on the draw in that case
hero member
Activity: 518
Merit: 500
did you try & redeem it btw? It's live

no idea about the frozen thingie tho

This code cannot be redeemed (non existing or already used)
donator
Activity: 3052
Merit: 1110
did you try & redeem it btw? It's live

no idea about the frozen thingie tho
hero member
Activity: 518
Merit: 500
Well I might not be as sad if somebody at least explains WTF all this is LOL.

The one above is a redeemable Mtgox code but what about the OP first post with "frozen" thingy Huh
donator
Activity: 3052
Merit: 1110
beaten to it I guess then, sry  Cry
hero member
Activity: 518
Merit: 500
No luck Sad
donator
Activity: 3052
Merit: 1110
Someone explain to the newbies  Huh

We're just playing with you, wish I could find free bitcoins too...but alas....

poor yorick...

lose the http:// & the final / ftw
hero member
Activity: 560
Merit: 500
all your bitcoin are belong to us

Stealing my signature are you? I believe I own this statement lol.

Feel free to donate to my copyright fund below Grin
full member
Activity: 184
Merit: 100
Feel the coffee, be the coffee.
all your bitcoin are belong to us
you are on the way to destruction.
Make your time.
hero member
Activity: 518
Merit: 500
Please explain !
legendary
Activity: 980
Merit: 1004
Firstbits: Compromised. Thanks, Android!
how does redeeming private keys on mtgox work anyway? when i type in 'frozen' it actually does correspond to an address. but it doesn't start with a 5? and i thought keys had to be in hex format or something?


Well this is somewhat disturbing....
sr. member
Activity: 448
Merit: 250
this statement is false
all your bitcoin are belong to us
you are on the way to destruction.

you have no chance to survive make your time
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