Topic: I lost 206000 dollars in MTGOX - page 2. (Read 9273 times)

This quote sums up this thread:

A foole and his monie be soone at debate,
which after with sorrow repents him too late
~ Thomas Tusser

For the uneducated:
A fool and his money are soon parted.

If you have any more money you'd like to waste, please either send it to me, or a charity of your choice.

Directed to all the users with large holdings in mtgox :

We need to transform GOX into the best exchange ever. We can recover our coins make history and give a great example to the world. People will truly see then that bitcoin doesn't fail so easily. And all the news/media proclaiming the death of bitcoin because of GOX, will look like idiots.

GO here :
https://bitcointalk.org/index.php?topic=489949.0;topicseen

or here
https://bitcointalksearch.org/topic/open-letter-to-mark-karpeles-voluntary-reorganization-is-the-best-option-for-us-488483 (Voluntary Reorganization is the Best Option for Us)

I am sorry. I do not want to say more...

I dont know why i even bother with idiot like you ....

Thats not a "key". Go learn what that actually is from reading the source code.

What you said has nothing to do with Gavin or core developers having a "key". If you use a client for your wallet that means you trust the coder of such client. Any core developers can release their version of wallet client. Why does this "key" anything to do with that?

Beside do you know how github works? You cant release a new client with illicit code without being noticed easily.

My conclusion, you're just too dumb and trying to make sense of something you have no fcking clue about. I'm kinda glad you lost money in Gox because it will(hopefully  ) be a valuable lesson for you.

PS: wow lucky for you, i can read Chinese..... You're such a clueless shit that doesnt deserve to get rich from bitcoin boom. First you came here not understanding bitcoin technology, 3 years later you still dont understand crap..... you even said next gen of ASIC is BSIC and CSIC.... wtf? LOL

Here's how to fix that to make it actually a reflection of reality instead of just your irrational fears:

It also can be used for sending the upgrading message. Remember the last bitcoin issue(Hard fork)? Did you read the source code before your upgrading?

I just want to say, if you trust Bitcoin, you need to trust the core developers. I did not say they are not trusted.

Learn to read. It's about a line of text, an informational message, and only affects the reference Bitcoin-Qt implementation (most Bitcoin users are using different wallets for their routine needs)

The worst that the FBI can do if they waterboarded Gavin to get the key is speading FUD to Bitcoin-Qt like "All Your Coinz Are Belong To Us!"

For flyable:

https://bitcointalksearch.org/topic/platform-of-people-affected-by-mtgox-489771

Please search "Satoshi Gavin message" in the forum, you will found these posts.


Quote from: Pieter Wuille on August 06, 2012, 08:26:11 PM
Quote from: kentrolla on August 06, 2012, 03:00:33 PM
so if gavin gave the CIA that key. then the cia could corrupt the blockchain whenever they want? or at least make a malicious bitcoin client "update"

No. The only thing that this key can do is signing an alert message that propagates through the network.

Satoshi, Gavin and theymos have this key, IIRC.

Theymos, a college student in Wisconsin taking French, has the key?

~Bruno~

There is no key idiot. Stop fcking being paranoid because you're a fool and lost your money.

When a fool like you suddenly found a bag of gold, you would still lose it, left alone something as innovative as bitcoin.

Its time for you to educate yourself, or go back to use CNY and shut up.

The key was discussed in this forum. Maybe you did not know it. I do not know if the thing is changed.

Please search "Satoshi Gavin message" in the forum, you will found these posts.

Even where bitcoin clients are packaged in operating systems (e.g. Ubuntu), let's follow through how this attack would play out:

1. Developer of fooclient adds back door that does something bad, and makes release of new version of fooclient.

2. Ubuntu maintainer of fooclient sees new upstream release and packages it.

3. People automatically upgrade to new version of fooclient because their Ubuntu offers it

4. Either someone spots evil code in new release of fooclient, or else evil code is made use of and people start getting ripped off.

5. Security advisory is put out by Ubuntu together with revert of previous upgrade.

between 3 and 5 some people are gonna get ripped off. This demonstrates that you do need to trust the developers of your wallet/client/miner etc. Having access to the source is going to help with that, though not completely as bugs are easy to miss and subtle exploits can be added by skilled developers.

But it also demonstrates that it is in no way a kill switch.

OP you have gone from blaming bitcoin for your losses in mtgox to saying bitcoin can't be trusted because developers can't be trusted. It's true you need to trust a service while they are holding an IOU for your coins. It's true you need to trust a developer while their software is holding your coins.

If you don't want to trust a service, don't let them hold your coins.

If you don't want to trust a developer, use a cold wallet.

You have to trust a lot more people to maintain your fiat savings.

Again, no, there isn't. And your logical fallacy is burden of proof.

Of course there is no such backdoor. What I mean is "if I am the core developer".
And there is a "key" indeed(Satoshi, Gavin, Theymos...have the key). If I am wrong, please correct it for me.

There is no such backdoor. What you are describing is an iPhone* or forced Windows Update.

Not everything in technology works like consumer grade devices that have been designed both to protect you from yourself and to allow third parties to take over your devices if you are trying to do something that they don't wan't you to do with them.

*even the infamous Apple didn't (couldn't? I wouldn't swear) remotely wipe the Blockchain.info app when they pulled it from their App Store

If I have that "key" to broadcast the "upgrading" message(the core developer has the key), too many clients will be upgraded to a Trojan software. The software will send the private key to me continuously. Then the bitcoin network is destroyed. It that simple?

Show me the kill switch (source). Fact is that there is none. So you are wrong.

This will be my last answer, I'm not losing time if you don't want to learn anything from what we reply to you.

You are perfectly free* not to trust Bitcoin and never touch it again.


* freedom comes at a price

I don't understand what you're trying to say so I'm not going to comment on the above.

This is not true. There isn't a single implementation of "bitcoin" as software. Even if the developers of the most popular bitcoin client added a change that people didn't agree with, it is very unlikely that they could get a majority of the network using it. The bitcoin network works by consensus.

MtGox or other services and exchanges are not bitcoin; please distinguish the two.

You witnessed its raise from $2 to $1200, and it makes you rich
> Please give me the source

you never learnt why it is so successful.
> Please give me the source.

don't need to trust core developers
> It is easy to destroy the bitcoin if I am the core developer.