Topic: KanoPool kano.is lowest 0.9% fee 🐈 since 2014 - Worldwide - 2432 blocks - page 1339. (Read 5352429 times)

Thanks traxor I couldn't have said it better myself. How you explained it is exactly how I feel it's a lot of money and too lose it just like that really sucks.
Also I am from South Africa. Any additional information on these transaction can help me trace it down.

Keep your Bitcoins in a wallet you have control over. NOT in an online wallet like blockchain!!  And you should be fine.  Unless you get some bad malware on the machine where you keep your wallet.

How easy is it for hackers to steal btc from your wallet? Can they steal even with all the verification security you have on the wallet? Makes me wonder if I should continue leaving my btc in my wallet for long periods of time. It feels like its a nightmare just waiting to happen.

Based on the graph inside job comes to mind, and I thought OS X disk encryption was strong 

Had to click on the Imgur link to see the graphic...yowza. 

It's quite a bit more than "millions".

https://i.imgur.com/r8LoYts.jpg

i know everyone says its technically impossible, but this is one of the reasons i am not 100% sure about vanity addresses.. can you make so many that eventually you will run into one already used? i know statistically it would take millions, but with newer cards, you can do millions of keys per second?



when you generate a bitcoin address its random.. but with a vanity one, you are mostly taking the randomness away by specifying the first few characters.. in theory it would make it easier to crack?
specially if someone found a flaw with vanitygen and hasnt said anything about it.. it is old software that isnt being updated.

it will go into  a mixer and by- by

I have seen this one more then one time.

Much larger amounts have been stolen and I have never heard of anyone being able to track anyone else down using blockchain analytics.  They can split these amounts endlessly, when does it actually leave possession of the thief?  No way to tell.  They can send some to tumblers, then there is no tracking possible since the tumbler will send them entirely different BTC.  They can send some to an exchange like BTC-e that allows you to essentially have an anonymous account.  Maybe if the amount was large enough you could get some authority to insist that BTC-e divulge who deposited it but all they may have is an anonymous email address and IP address at a library or a coffee shop in some foreign country.  Does BTC-e allow connections from TOR?  If they do then I would expect the thief to use TOR.  There is a withdrawal fee associated with that but if you traded BTC for any other cryptocurrency, transferred that to your own wallet, later transferred it to another exchange and then turned it back into BTC it would be impossible to follow that trail.  I have seen people talk up the fact that BTC is not really anonymous because of the blockchain but in reality there are plenty of easy ways to obscure coins and who actually controls them.

Unfortunately I don't have the time right now, either...and I have to agree with Kano that there is realistically no way to a recovery without involving authorities in the end...and I have no faith in that coming out well for anyone. Kano's right on that...the system was designed to be anonymous and non-reversible. Such attempts don't do the system any good.

Mohammed...peace be with you, my friend. I hold you in light.

Way cool. Glad you could do it. I suspected, since I didn't think you'd be burning daylight at 0430...but then, I do that a lot at 0430...

28 BTC currently resting in this wallet: 177zMwve8Eqt8DgwZR4USyPHzeyrfQwSDm

I'm keeping an eye on it -- but, I don't have a lot of spare time. Hopefully Moe knows how to do the basics.

Last IP address used for the latest transfer was out of France -- I posted about it earlier in the thread -- probably a VPN (79 spammers using the same IP)...

How much was stolen?

My brain agrees with you -- my heart goes out to the young man...

I will no longer distract the thread -- albeit, he IS a miner here...

I just wish we could help in some meaningful way -- I just don't see how that is realistically possible...

Well the simple answer is: that the only way to get the coins back would be to be able to track down the person and request help from authorities.

Although this may sound odd, that is indeed the power of bitcoin and wanting to circumvent it by any other means is bad for bitcoin and would only lead to centralisation and problems.

If any web wallet said that they would consider moving the bitcoins, then that web wallet would be a wallet you should stay away from.
Bitcoin transactions are not reversible.

Who says that a transaction is valid?
The bitcoin blockchain says so, no one else.

Really, anyone (site) saying they would move some BTC to another address, is looking for trouble.
How do they decide that the request is correct?
Someone could actually send their BTC to someone else and then use that site to get them back.
The reality would actually be that the site would ignore any small requests or requests by 'unknown people' and thus it would simply become an avenue for those "in the know" or "in power" according to that web site, to be able to effectively reverse bitcoin transactions.

I have a simple question. 

I am NOT a GENIUS like MOST of the people here -- but I am able to track the progress of this theft -- and the IP's used.

Moe has already stated that he is a teenager -- I'm not sure what country he is from -- but, presumable, theft is theft.

Can we as a group come together to help him?

I'm thinking that we might be able to trace the "final" resting place for these coins -- and then either see where they are spent, or see where they are "cashed out into fiat".  With KYC and everything -- we MIGHT be able to identify the low life that stole his coins -- and then let the prosecutors take over.

Am I just WAY TOO OPTIMISTIC? 

Personally, everyone that I know uses the Trezor -- and we keep the seed words OFFLINE only -- so I HOPE that WE are safe -- but, like firetreeactual said, we probably aren't using BEST and SAFEST methods out there.  28 coins for me would be like a KNIFE IN THE HEART!  And I own a successful business that makes WAY more than that -- it is the concept.

And YES -- I also lost money on GOX -- AND a cloud mining scam -- AND, well I won't mention the last one...

I'm just curious if anyone knows of a way to help him get his coins back...

As a teenager, I'm CERTAIN that he is intelligent; but, may not have the life experience to understand the totality of resources available.  No offense intended.

Nah, they are (almost) always queued on time now when they mature.
I process them before they mature (almost always), and then queue a command to queue them 1 minute after they mature.

As before, that sends them to the wallet at home, out to the pool btcd, and effectively to around a dozen btcds around the planet.
So the payout transaction is out there on time almost straight away now, just that no one but us will confirm it coz it's zero fee.

Block by Xircom!  That would be his 6th Kano block! 

Sorry that your wallet was hacked. Which wallet were you using? Did you have a verifcation method used?