Topic: I don't trust mybitcoin or the UABB, but how come so many trust it? (Read 13358 times)
August 03, 2011, 10:09:49 PM
NOW HOW THE HELL DID THIS HAPPEN? I found this thread on the second page.
August 03, 2011, 10:48:32 AM
Using bitcoins doesnt get easier by having to go through a bunch of middlemen.
And yet...you use bitcointalk.org on a daily basis to find purchases, discuss topics on Bitcoin, etc. Ironic.
If we can reduce or completely remove the potential for fraud in transactions, I'd say it makes things 'better', not easier. Don't you agree?
If you manage to somehow completely remove the potential for fraud in bitcoin transactions, I congratulate you.
August 03, 2011, 10:34:37 AM
So is it UABB or UABCI?
Why care? This forum is open for pretty much everyone to post, which means you'll have a great amount of users filling it up with utter crap.The amount of troll posts is pretty amazing. Yes, in this post I claim this UABB guy is a troll. Using bitcoins doesnt get easier by having to go through a bunch of middlemen.
August 03, 2011, 10:08:35 AM
So is it UABB or UABCI?
August 03, 2011, 08:25:46 AM
Quote
3.2 MYBITCOIN LLC is not a bank and the MyBitcoin System does not operate as a bank and therefore MYBITCOIN LLC nor the MyBitcoin System are in any way subject to any form of banking regulations in any jurisdiction.
I am so glad I didn't sign up for this.
July 31, 2011, 07:55:37 AM
Did anyone remember that advertiser (for VOIP) that they had on the site? Maybe they know more.
July 31, 2011, 07:17:32 AM
If it doesn't come back, an investigation will be the first thing we do for the community as the UABCI.
UABCI?
July 30, 2011, 10:29:56 PM
There was a time I had kept over 200 btc on the site. Now I have around 11 btc on there. I'm rooting for a quick return of the site for all of the worried community members.
July 30, 2011, 09:19:05 PM
I have about 80+BTC in mybitcoin.
I say we hire some kind of haxxor/private investigator to get to the bottom of this
I say we hire some kind of haxxor/private investigator to get to the bottom of this
July 30, 2011, 06:00:47 PM
I got 600 BTC that I am on the hook for. So I should be way more angry.
600 BTC is ALOT, but I believe somebody had much much more (25000 BTC
) on mybitcoin. I hope it was moved someplace safer since first "mybitcoin scam" threads started popping up.Check this podcast (around 14:40):
http://www.npr.org/blogs/money/2011/07/13/137795648/the-tuesday-podcast-bitcoin?sc=tw&cc=share
Ouch
July 30, 2011, 05:45:57 PM
Unfortunately, you only need one person to run a good secure business and if you are one, you will have poor customer relations.
It will come back online again, just like the previous times it went down.
I just hope it's before my bills are due!
No BTC = No VPS
No VPS = No BTC
July 30, 2011, 03:51:29 PM
I got 600 BTC that I am on the hook for. So I should be way more angry.
600 BTC is ALOT, but I believe somebody had much much more (25000 BTC
) on mybitcoin. I hope it was moved someplace safer since first "mybitcoin scam" threads started popping up.Check this podcast (around 14:40):
http://www.npr.org/blogs/money/2011/07/13/137795648/the-tuesday-podcast-bitcoin?sc=tw&cc=share
July 30, 2011, 02:07:05 PM
Yeah, so I had about 20BTC with mybitcoin so, as you can surmise, I am rather fucking angry about this... sorry about your 0.05btc but mybitcoin.com has control over thousands of BTC and if he walks away with all the wallets he will be a rich asshole that deserves a severe beating.
I got 600 BTC that I am on the hook for. So I should be way more angry.
Also, Bitcoin Weekly money that my webzine worked hard to accumulate is in there too.
I will have to take money out of my own pocket to provide for weekly's operation and answer to the people who trusted me with their money.
But I am not angry. This isn't the end of the world. The server might come back. If not, I will do the work necessary so that people who trusted me with their money get their back and that the webzine keep operating.
Learn my lesson and move on.
July 30, 2011, 01:58:34 PM
Are they down? I just started messing with bitcoins and sent a low 0.05 to them because I thought my wallet wast working. The day after there down? My first bitcoins a failure 
Any info on this site so I can take my bitcoins out?
Come to find out, I thought I had to wait for like 200000 blocks or so to get my bitcoins to pop up in the wallet and then I read Its way less now and I had the blocks downloaded. So I trans myself 0.000004 and thats all im messing with now. So upset. Guess take the loss and keep trying. Im also thinking of buying some now to give to the users on my site for free. Which I planned long ago just havnt the funds to get them. Most of my funds been going to the site upkeep.
Any info on this site so I can take my bitcoins out?Come to find out, I thought I had to wait for like 200000 blocks or so to get my bitcoins to pop up in the wallet and then I read Its way less now and I had the blocks downloaded. So I trans myself 0.000004 and thats all im messing with now. So upset. Guess take the loss and keep trying. Im also thinking of buying some now to give to the users on my site for free. Which I planned long ago just havnt the funds to get them. Most of my funds been going to the site upkeep.
Yeah, so I had about 25BTC with mybitcoin so, as you can surmise, I am rather fucking angry about this... sorry about your 0.05btc but mybitcoin.com has control over thousands of BTC and if he walks away with all the wallets he will be a rich asshole that deserves a severe beating.
July 30, 2011, 01:30:15 PM
Things are not looking good. I hope it comes back up today, and I hope you all empty your wallets from their service until they learn how to communicate with people who use their services more than a posting through a forum member in a thread from a month ago ( linked from here http://forum.bitcoin.org/index.php?topic=32984.0 )
I do love how frantic things are lol "mybitcoin.com's hosting provider is leaseweb.com
you can contact them, or the police saying that mybitcoin.com have stolen your bitcoin
it is likely that they will try to contact the onwer of the site, tom williams." - http://forum.bitcoin.org/index.php?topic=33020.0
I do love how frantic things are lol "mybitcoin.com's hosting provider is leaseweb.com
you can contact them, or the police saying that mybitcoin.com have stolen your bitcoin
it is likely that they will try to contact the onwer of the site, tom williams." - http://forum.bitcoin.org/index.php?topic=33020.0
July 30, 2011, 10:14:25 AM
Are they down? I just started messing with bitcoins and sent a low 0.05 to them because I thought my wallet wast working. The day after there down? My first bitcoins a failure Any info on this site so I can take my bitcoins out?
Come to find out, I thought I had to wait for like 200000 blocks or so to get my bitcoins to pop up in the wallet and then I read Its way less now and I had the blocks downloaded. So I trans myself 0.000004 and thats all im messing with now. So upset. Guess take the loss and keep trying. Im also thinking of buying some now to give to the users on my site for free. Which I planned long ago just havnt the funds to get them. Most of my funds been going to the site upkeep.
Any info on this site so I can take my bitcoins out?Come to find out, I thought I had to wait for like 200000 blocks or so to get my bitcoins to pop up in the wallet and then I read Its way less now and I had the blocks downloaded. So I trans myself 0.000004 and thats all im messing with now. So upset. Guess take the loss and keep trying. Im also thinking of buying some now to give to the users on my site for free. Which I planned long ago just havnt the funds to get them. Most of my funds been going to the site upkeep.
July 19, 2011, 07:37:40 AM
Ah ha! Touche!
July 18, 2011, 10:02:39 PM
Lettucebee is a troll. Ignore him. HE obviously has an agenda.
Why are you calling me a troll?
July 18, 2011, 09:16:30 PM
Question: How much of a fee per transaction would people be willing to pay for a mybitcoin-like service that didn't steal people's money?
Evidently based on our survey regarding flexcoin the majority would.
Does your 'survey' bother to ask if people care about uptime?
Quote
When did that happen? We can't duplicate that error? Thanks for heads up.
July 18, 2011, 03:18:47 PM
Question: How much of a fee per transaction would people be willing to pay for a mybitcoin-like service that didn't steal people's money?
Evidently based on our survey regarding flexcoin the majority would.
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