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Topic: I'm Kevin, here's my side. - page 19. (Read 258592 times)

sr. member
Activity: 364
Merit: 251
June 20, 2011, 04:50:56 PM
#65
If Kevin does not go after Mt Gox, even if it disrupts trading, who gives a shit? If he does not go after them, and they are guilty of anything, then what's to stop them from doing this again? EVEN BIGGER!

Does anyone remember this?  - STOCKGENERATION.COM

http://www.wired.com/wired/archive/8.09/stock.html

hero member
Activity: 504
Merit: 502
June 20, 2011, 04:50:20 PM
#64
This is all a bunch of bullshit.

Kevin stepped up. Now it's time for the bitcoin loser to step up, and if no bitcoin loser shows to claim the loss, then it was Mt Gox all this time. Who owned the 500,000 bitcoins?

I think it was Mt Gox!

They either owned them first, or stole them and then tried to sell off, and buy back, but Kevin got half of them. Who else got the others, exactly in their orders? Could it have been Mt Gox that got many of them?



And isn't it odd that no-one has steeped up to comment about this?

I guess that's the power of bitcoin, all anonymous and shit.

Could have been Al Quaida, or some REALLY prolific child pornography collector...

Who knows?

Could have been an abandoned account from when bitcoins were worth $0.01c that was just forgotten about...

BUT TAKE IT TO COURT, BEST ADVICE.

Shit, it could have been you. Considering how anti-bitcoin you have been, I think you are the hacker.

Prove me wrong, conspiracies activate.
member
Activity: 90
Merit: 12
June 20, 2011, 04:50:14 PM
#63
Robber steals from a bank.



Robber loses his loot on a chase.



You pick up loot.



You're tracked down.



Loot is not yours to keep.



Simple fucking logic.

The problem is, that's the story they're trying to tell, but have offered no proof of any "theft" happening, want to play police and fix it themselves, and their story has holes in it. Their solution screws over many, and the problem was one they allowed to happen.

Also, nobody tracked me down. I identified myself immediately to MagicalTux the moment he was active on IRC.

member
Activity: 84
Merit: 10
June 20, 2011, 04:48:21 PM
#62
This is all a bunch of bullshit.

Kevin stepped up. Now it's time for the bitcoin loser to step up, and if no bitcoin loser shows to claim the loss, then it was Mt Gox all this time. Who owned the 500,000 bitcoins?

I think it was Mt Gox!

They either owned them first, or stole them and then tried to sell off, and buy back, but Kevin got half of them. Who else got the others, exactly in their orders? Could it have been Mt Gox that got many of them?



And isn't it odd that no-one has stepped up to comment about this theft of their assets?

I guess that's the power of bitcoin, all anonymous and shit.

Could have been Al Quaida, or some REALLY prolific child pornography collector...

Who knows?

Could have been an abandoned account from when bitcoins were worth $0.01c that was just forgotten about...

BUT TAKE IT TO COURT, BEST ADVICE.
hero member
Activity: 532
Merit: 500
FIAT LIBERTAS RVAT CAELVM
June 20, 2011, 04:48:13 PM
#61
No one (well, I'm sure some do) wants to see MtGox fail - but I personally want to know wtf the actual truth is so I can make informed decisions.  Why is this so unreasonable all of a sudden?

I hear you. I smell herring, myself. Remember that HUGE consolidation last week? I want some facts, but I support reversing this whole fiasco for one simple reason: It was a fiasco. Kevin will be out his 'Profits', MtGox will take a loss, And it sets everything back to the way it was before it went nuts.
newbie
Activity: 46
Merit: 0
June 20, 2011, 04:47:03 PM
#60
Executive summary:

1.) "I took advantage of an extraordinary event that turned out to be initiated by a rogue sell order, not legitimate trading."

2.) "Can I keep it? Look, here's why."

No, sorry. To allow the trade to stand would legitimize the attack, is that what you really want? (Besides bitcoins and dollars, I mean.)


+∞
member
Activity: 90
Merit: 12
June 20, 2011, 04:46:54 PM
#59
toasty, you, and many others, underestimate resilience of Bitcoin and overestimate it's dependence on mtgox. I mean medium and long term.



I probably have way more faith than you believe. But I couldn't live with myself if my own legal actions resulted in funds getting frozen which would affect even more innocent third parties.
newbie
Activity: 56
Merit: 0
June 20, 2011, 04:46:11 PM
#58
Quote
I think it was Mt Gox!
I think it was many accounts and Mt Gox doesnt want to admin that.
wouldnt be the first time of the last few days.

Quote
They either owned them first, or stole them and then tried to sell off, and buy back, but Kevin got half of them.
can you explain their motive? I see no profits in a market crash besides commission and volume, and that isnt very much.
hero member
Activity: 504
Merit: 502
June 20, 2011, 04:46:01 PM
#57
This is all a bunch of bullshit.

Kevin stepped up. Now it's time for the bitcoin loser to step up, and if no bitcoin loser shows to claim the loss, then it was Mt Gox all this time. Who owned the 500,000 bitcoins?

I think it was Mt Gox!

They either owned them first, or stole them and then tried to sell off, and buy back, but Kevin got half of them. Who else got the others, exactly in their orders? Could it have been Mt Gox that got many of them?



I would also like the bitcoin "loser" to step up before you swallow kevins cock.

Its impossible for me to understand the logic here that because its such a huge amount of potential booty the arguments being made is attempting to justify keeping the funds.

I will stand in the corner for a second and say this, if it is some elaborate scheme by mtgox then it should be outted however if someone steps up and explains just like kevin did in this thread, that he is the bitcoin "loser" who will believe him? None of you who stand behind kevin and the stolen booty would believe it to be the bitcoin "loser" and conspiracies will fly about that mtgox is posing as the loser.

How do you think this could be proven? It cant.
member
Activity: 84
Merit: 10
June 20, 2011, 04:45:29 PM
#56
toasty, you, and many others, underestimate resilience of Bitcoin and overestimate it's dependence on mtgox. I mean medium and long term.



Gosh, you inspire me Vladimir.

I don't agree with you, I think you're utterly banal, but damn is your tenacity inspiring.
full member
Activity: 154
Merit: 100
June 20, 2011, 04:44:50 PM
#55
Toasty the simple reality is if you choose to keep the bitcoins you will probably use all of them to pay for legal fees in a civil case, not to mention posibbly defending yourself in a criminal case.  This could very easily be in excess of $200,000 and there is no guarantee you would win and you would most likely loose one of the cases.  What is your risk tolerance?
sr. member
Activity: 364
Merit: 251
June 20, 2011, 04:42:11 PM
#54
This is all a bunch of bullshit.

Kevin stepped up. Now it's time for the bitcoin loser to step up, and if no bitcoin loser shows to claim the loss, then it was Mt Gox all this time. Who owned the 500,000 bitcoins?

I think it was Mt Gox!

They either owned them first, or stole them and then tried to sell off, and buy back, but Kevin got half of them. Who else got the others, exactly in their orders? Could it have been Mt Gox that got many of them?

hero member
Activity: 504
Merit: 502
June 20, 2011, 04:41:51 PM
#53
Robber steals from a bank.



Robber loses his loot on a chase.



You pick up loot.



You're tracked down.



Loot is not yours to keep.



Simple fucking logic.

False comparison.

Coming from a bitter eddy like yourself, I think that synopsis is spot on.

This comes down to theft, and the right thing to do is returning the stolen goods. As much as it pains anyone who scored from it.

If the goods isnt returned, this would tarnish the bitcoin community even more having it out and about that its fine to steal coins since there is no means to return stolen funds.

An exchange, specificly this situation, just proves that in some cases there is atleast some recourse for stolen funds.
hero member
Activity: 616
Merit: 500
June 20, 2011, 04:40:01 PM
#52
Yeh... really false.
hero member
Activity: 812
Merit: 1001
-
June 20, 2011, 04:39:32 PM
#51
toasty, you, and many others, underestimate resilience of Bitcoin and overestimate it's dependence on mtgox. I mean medium and long term.

member
Activity: 84
Merit: 10
June 20, 2011, 04:39:06 PM
#50
Robber steals from a bank.



Robber loses his loot on a chase.



You pick up loot.



You're tracked down.



Loot is not yours to keep.



Simple fucking logic.

False comparison.
hero member
Activity: 616
Merit: 500
June 20, 2011, 04:38:28 PM
#49
Robber steals from a bank.



Robber loses his loot on a chase.



You pick up loot.



You're tracked down.



Loot is not yours to keep.



Simple fucking logic.
full member
Activity: 126
Merit: 100
June 20, 2011, 04:38:12 PM
#48
Must have been one hell of a few minutes!

best post of the thread.

can you imagine?
full member
Activity: 155
Merit: 100
June 20, 2011, 04:37:30 PM
#47
I feel for you, Kevin, I really do. Problem is, this isn't someone making a stupid trade, or even someone trying intentionally to crash the market. In either of those instances, I would support you in keeping not only the 643, but the full 259684. It wasn't though. It was a Hack. Which means that the poor guy whose BTC you got had nothing to do with the trade, which means that he was stolen from.

This keeps getting stated.  Who is this "poor guy" - zero evidence for said "poor guy" having actually ever existed has been posted/made available as far as I'm aware.

If it were this simple, it's an open and shut case.  Kevin's post shows it quite obviously is NOT this simple, unless you believe that a simple password compromised user account held 500,000 bitcoins in it.  I personally do not.  My opinion may change based on more evidence.

No one (well, I'm sure some do) wants to see MtGox fail - but I personally want to know wtf the actual truth is so I can make informed decisions.  Why is this so unreasonable all of a sudden?
member
Activity: 90
Merit: 12
June 20, 2011, 04:37:11 PM
#46
Kevin, this isn't something that can be decided with forum posts. Get a lawyer and keep your mouth shut in public.


this ^

you can't seriously thing that you'll get the 250k or parts of it by making a forum post, do you?
there is nothing to gain, but there is 643 BTC to loose in case MtGox demands those back and you are making public statements here.


If either of us tried that, it would be like scorching the earth behind us. There are very few actions any of us can take that won't cause huge disruptions.
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