Make No Mistake: MyBitcoin is NOT Back Up! - page 2.

twobits

sr. member

Activity: 574

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Quote from: Yuusha on August 05, 2011, 01:20:33 PM

Quote from: twobits on August 05, 2011, 01:10:23 PM

Semantics I guess, but to me not using a software that steals your resources, refuses to allow a security audit and has been known to tap conversations is a privacy issue. Much like i don't get how anyone would have put much into an online wallet, I don't get why anyone would use skype.

Yes, because it would be simply horrible if an interview that is going to be shown to the public anyway gets tapped!

you miss the point, but enjoy your spyware.

qwk

donator

Activity: 3542

Merit: 3413

Shitcoin Minimalist

Quote from: FuzzyCoins on August 05, 2011, 01:00:36 PM

Quote from: drgr33n on August 05, 2011, 11:17:04 AM

Can I just ask what can be done about this legally ?

Depends. Did you have a legal contract with mybitcoin (or anyone for that matter) that said if you deposit the coins you would get them back? Or... Did you just send your coins to an unknown party and hope that they would be nice and reciprocate by returning your coins? If you don't have a legal contract, perhaps you just gifted your coins away.

If you are looking for legal remedy, you have to specify what laws or contracts were broken. I don't see any laws or contracts broken.

There's always good old "conduct implying an intent". So, basically, yes, you have a contract with mybitcoin if you deposit coins with them. No doubt about it. Not a very detailed one, and possibly not enforceable in its entirety, but a contract nonetheless.

Yuusha

full member

Activity: 196

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Quote from: twobits on August 05, 2011, 01:10:23 PM

Semantics I guess, but to me not using a software that steals your resources, refuses to allow a security audit and has been known to tap conversations is a privacy issue. Much like i don't get how anyone would have put much into an online wallet, I don't get why anyone would use skype.

Yes, because it would be simply horrible if an interview that is going to be shown to the public anyway gets tapped!

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

Quote from: SomeoneWeird on August 05, 2011, 11:51:43 AM

Quote from: RodeoX on August 05, 2011, 11:35:34 AM

So if he is claiming they were lost to a hardware failure, where is the HD? Would he/they allow a forensic analysis?

Where abouts does it say that?

It may not.

Excuse my ignorance if i'm wrong, but i thought people were saying mybitcoin "lost" their wallet. I assumed that meant a hard disc crash.

twobits

sr. member

Activity: 574

Merit: 250

Quote from: the founder on August 05, 2011, 01:03:48 PM

Quote from: twobits on August 05, 2011, 12:47:58 PM

Quote from: Bruce Wagner on August 05, 2011, 11:08:36 AM

If the MyBitcoin posse has no ill intentions.... The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!

No one who cares about privacy and security is going to agree to use skype.

This isn't privacy.. this is hiding.

Semantics I guess, but to me not using a software that steals your resources, refuses to allow a security audit and has been known to tap conversations is a privacy issue. Much like i don't get how anyone would have put much into an online wallet, I don't get why anyone would use skype.

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

Quote from: twobits on August 05, 2011, 12:47:58 PM

Quote from: Bruce Wagner on August 05, 2011, 11:08:36 AM

If the MyBitcoin posse has no ill intentions.... The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!

No one who cares about privacy and security is going to agree to use skype.

This isn't privacy.. this is hiding.

FuzzyCoins

newbie

Activity: 29

Merit: 0

Quote from: drgr33n on August 05, 2011, 11:17:04 AM

Can I just ask what can be done about this legally ?

Depends. Did you have a legal contract with mybitcoin (or anyone for that matter) that said if you deposit the coins you would get them back? Or... Did you just send your coins to an unknown party and hope that they would be nice and reciprocate by returning your coins? If you don't have a legal contract, perhaps you just gifted your coins away.

If you are looking for legal remedy, you have to specify what laws or contracts were broken. I don't see any laws or contracts broken.

I realize that this might not be the moral answer, but it is probably the legal answer. I am not a lawyer so take it for what it is.

twobits

sr. member

Activity: 574

Merit: 250

Quote from: Bruce Wagner on August 05, 2011, 11:00:31 AM

Most information about their (not "his".... "their") identity has not yet been made public. Obviously, international law enforcement are on the case big time.

Ok, cause I read through the earlier links you posted and all they showed was things like a mail drop address was used, a certain type of hosting service was used, and privacyshark was used etc. All leads, that can help narrow things down, but all pretty hard to make much more headway on without real police powers (which bitcoin-police probaby does not have, it is probably more likely bitcoin-watch)

Hope to see more information public soon, and people getting their coins back etc.

twobits

sr. member

Activity: 574

Merit: 250

Quote from: edd on August 05, 2011, 10:14:21 AM

Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.

Thats just it though, they had no customers. They just had users. Maybe a credit union type of set up where the depositors own the business would be a better model for it to run under? Probably a discussion for another thread though.

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

I just requested an interview with Bruce on Skype... But I am not trying to hide....

twobits

sr. member

Activity: 574

Merit: 250

Quote from: Bruce Wagner on August 05, 2011, 11:08:36 AM

If the MyBitcoin posse has no ill intentions.... The ENTIRE COMMUNITY should DEMAND that they ( all of them ) appear live on my show via skype!

No one who cares about privacy and security is going to agree to use skype.

memvola

hero member

Activity: 938

Merit: 1002

Quote from: edd on August 05, 2011, 10:14:21 AM

Criminal, incompetent, or victim - mybitcoin.com's days were numbered simply from a customer relations standpoint.

I have to agree to that, but FWIW, their customer relations was non-existent since the beginning. The problem is, this information doesn't propagate very well; people should have been aware of its limits. IMHO, it never was an establishment that could protect large amounts of cash. And that was the deal you were in, when using their service. MyBitcoin did its job and did it well, but it should have been obsoleted by better and more professional services long ago.

If someone else bought it (compensating all the lost reserves), and started operating it with a better customer service, would that eliminate the negative image? I think the name still has some value...

EDIT: Deleted unnecessary comment.

Mjbmonetarymetals

legendary

Activity: 1096

Merit: 1067

Quote from MyBitcoin ""We will settle all accounts with a online claim process that we are currently in the process of working out.""

Grin

Oh , it was all a bad dream , were saved I tell you , saved ....he's just been dissecting his servers , were all going to get 99.9% of our bitcoins back !!!! Cheesy

(ironic-humour)

not the green hat gang after all then Grin

the founder

sr. member

Activity: 448

Merit: 251

Bitcoin

The problem I have is this hurts the entire bitcoin community ... it has far more widespread than just 25,000 coins here.. or a 100,000 or more coins there...

It makes every bitcoin service look bad... even if the other one is steller it appears to be crap in this new light. He setback the entire bitcoin economy by at least a year or more.

SomeoneWeird

hero member

Activity: 700

Merit: 500

Quote from: RodeoX on August 05, 2011, 11:35:34 AM

So if he is claiming they were lost to a hardware failure, where is the HD? Would he/they allow a forensic analysis?

Where abouts does it say that?

pekv2

hero member

Activity: 770

Merit: 502

It's a shame how low and ignorant someone will go for the greed of money. Even though I had nothing on his service while everything was taken, still, I get a jolt of anger for such low scum like this.

RodeoX

legendary

Activity: 3066

Merit: 1147

The revolution will be monetized!

So if he is claiming they were lost to a hardware failure, where is the HD? Would he/they allow a forensic analysis?

GeniuSxBoY

hero member

Activity: 616

Merit: 500

Bruce, how many coins you got left? Did he take the majority of them? Not all of them, I hope

EconomicOracle

member

Activity: 71

Merit: 10

I can predict the future! Bitcoin will success!!!!

Thomas has said that he's not stealing. But we believe he is, and that he is lying. We are Doubting Thomas.

drgr33n

sr. member

Activity: 308

Merit: 251

Can I just ask what can be done about this legally ?

Topic: Make No Mistake: MyBitcoin is NOT Back Up! - page 2. (Read 7950 times)