Topic: Just lost 190 bitcoins through Mt. Gox (Read 6836 times)

Thanks for your support and suggestions, but I followed Jason's advice and I mailed Mt. Gox once again - and this time the reply came immediately: my account had "been disabled due to inactivity". Phew!

All's well! False alarm!

Jens

Hi, a new newbie here.

I bought some bitcoins in July 2011. I moved a few to my wallet to play around with, but left the rest in Mt Gox. Wanting to access them now, I get nowhere. Can't log in, can't retrieve/reset my password, don't get any reply when contacting them. Is my experience common?

Cheers,

Jens

Yeah, so far Yubikey seems to be the only solution, even regular sweeps with netsec and antivir would not guarantee you safety. :/

A lot banks already use it, isn't it? SMS one time authorization code, they are not fundamentally different than other 2FA, just people are more used to it. How difficult to open your iphone/android app and type the number showed there into a website?

And probably yes, bitcoin is not for average joe NOW, bitcoin ecosystem is evolving, and evolving fast. 
And becoming a currency is DEFINITELY NOT EASY, if it succeed in the end, it would be a bumpy road, but think about it, in these many thousands years, except for fiat and gold, is there anything else that even get close to become a currency? With bitcoin, it is possibility. That possiblity itself is already a big event.

The whole point of bitcoin is that there are security features build in that allow SOME people with decent knowledge and skillset in computer security could handle it correctly and become the nuclei for further expansion into normal world. In the process, there will be emerging ways to handle it correctly and easy.

Pay pal locks out based on IP address, If I try to access from a strange IP it ask me a security question. MT gox doesn't give a shit because they have zero liability. To all the tech guys talking about yubikeys and 2fa nerd stuff you dont get it people aren't going to do that. This thing only works if people use it. I am shocked to see the bitcoin faith in here. It is all worthless if people dont adopt it. If you think bitcoin is a retirement plan you are out of your mind.

Wow, so they don't make you confirm anything when sending out a large sum of bitcoins? I'd expect at least an automated phone call or a secret phrase when sending out X amount of BTC at once, or in a given time.

You are the one refusing to listen to reason, in various threads.

Bitcoin is volatile. It's a new, disruptive, voluntary currency. Price discovery is going to take some time, not measured in days or months, but years and decades. If this concerns you, perhaps the free market is something you should avoid!

The Bitcoin protocol is quite safe. Coin security currently depends on the user. This can, and will, change in time. Smart businessmen will find ways to protect inept users and they will line their pockets in the process.

Ultimately in life, regardless of the protections provided by businesses or governments, your well being comes down to your decisions and your actions. If you constantly refuse to protect yourself, make poor investment decisions, and refuse to save for a rainy day, you will eventually end up in a situation that might be unrecoverable. You can call this blaming the user or customer if you want, I call it facing reality. The world is a wonderful place, but it can also be cruel and unforgiving. People have been trained to shrug off responsibility, relying on the many security nets which society pays for and provides. This may provide comfort for a time, but can only end badly for those who refuse to accept responsibility for their actions. If Bitcoin has the potential to make the world a better place, teaching responsibility would be a fantastic start! Only after you accept responsibility can you truly be free.

As far as judging new users, they are a blank slate. Their actions define them. Generally, I distrust strangers. Unlike you, I've not lost "tons of money", so this method may have merit. This allows me the freedom to be generous with those close to me.