S'pose it's a bit early yet, for Obama to come out and announce the MtGox bailout.
OK, That one made my day. Thank you
Topic: MtGox UPDATE (Read 24209 times)
S'pose it's a bit early yet, for Obama to come out and announce the MtGox bailout.
OK, That one made my day. Thank you
I saw my login name and email address on a text file distributed on the internet, information I gave in confidence, there is little coming back from that.
S'pose it's a bit early yet, for Obama to come out and announce the MtGox bailout.
I am not able to login to my account? Yes I have read what is on there page. Thanks that was really helpful .
mtgoxlive.com seems to be back online.
Ok so I still can't log into Mt. Gox. Is there something I missed in all this clutter? ??
What about actually reading the text on http://www.mtgox.com?
Ok so I still can't log into Mt. Gox. Is there something I missed in all this clutter? ??
Everyone's bitcoins are safe on the site. We still are holding all the coins safely in reserve. The vast majority of the coins are stored offline so they are impossible to compromise.
Could you please prove this by signing this message with the private keys from the wallets in question, in order to shut up the conspiracists?
LeFBI: No just email support once the site comes back online. They will walk you through how to recover your password.
@jed / MagicalTux
could you please give an official statement on how you will deal with accounts that do not have an email address?
your support site says:
i didn't sign up with an email address, will my coins be forever alone in your wallet? :-/
could you please give an official statement on how you will deal with accounts that do not have an email address?
your support site says:
Quote from: support.mtgox.com
When Mt.Gox comes back online, we will be putting all users through a new security measure to authenticate the users. This will be a mix of matching the last IP address that accessed the account, verifying their email address, account name and old password. Users will then be prompted to enter in a new strong password.
i didn't sign up with an email address, will my coins be forever alone in your wallet? :-/
I have no problem with the rollback. Mt.Gox can't reasonably do anything else.
To those who moan about that, here's a question: if your trade was so brilliant, you can post it again and someone will accept it again, yes? No, of course they won't. No one would willingly have sold you 10,000 BTC for a penny. The fact that you are moaning means that you know it wasn't a willing trade (and all free markets should be based on trades where both parties walk away happy). Trading with someone who didn't want to trade is not a market, it's a robbery.
I'm posting though with reference to the original poster's message: questions.
To those who moan about that, here's a question: if your trade was so brilliant, you can post it again and someone will accept it again, yes? No, of course they won't. No one would willingly have sold you 10,000 BTC for a penny. The fact that you are moaning means that you know it wasn't a willing trade (and all free markets should be based on trades where both parties walk away happy). Trading with someone who didn't want to trade is not a market, it's a robbery.
I'm posting though with reference to the original poster's message: questions.
- When the site is restored will bids/asks that were pending before the hack be recreated? That seems wrong to me. The orderbook should be set to blank and we can all work from where we are now, rather than scrambling to undo what was. Traders can easily add back whatever orders they think appropriate.
- When the site is restored will trading be restored instantly? I think that that would be unwise. First start the site up. Give us all time to log in, check our balances and transfer in and out anything we might wish. Then unsuspend trading. A day of suspended market would probably be enough. It would also give people time to enter their bids and asks without anything happening at first. A new equilibrium would sit ready for when the market goes live again.
- I happen not to have an email set for my account on Mt.Gox; but I do have a secure password. There have been conflicting reports: are all accounts going to be disabled or just accounts with insecure passwords? What will be the procedure for those of us in this position to regain access to our accounts? Will this be done in a timely manner, or will we have to watch in despair as the market moves and we have no access?
- Someone should be working now on a disaster recovery plan. You should publish that on the Mt.Gox site. We should all already have known what would happen when something like this happens. Suspension, shutdown, rollback, restart. Information avoids panic.
What use is an audit performed by unnamed entities?
yeah they got into my email just few minutes ago and then i found new email from mtgox they are still hacking the site.
so DONT TRUST MTGOX they took your info and if you have same mail and same password on Dwolla change it RIGHT NOW OOOH MTGOX!!! Liability i can see if going up higher and higher by the hour.
so DONT TRUST MTGOX they took your info and if you have same mail and same password on Dwolla change it RIGHT NOW OOOH MTGOX!!! Liability i can see if going up higher and higher by the hour.
If they got into your mail that mean you violated the #1 rule of online security by using the same password on multiple sites. You should REALLY examine your own security policies before telling everyone how much of a liability Mt Gox is.
Spammer that everyone is talking about since the Mt. Gox fail
He even got bitcoins for that: http://blockexplorer.com/address/1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7 Emailed issued few minutes ago from the mt.gox
Dear Sir or Madam,
A few hours ago the Bitcoin trading website Mt Gox has been hacked. Malicious individuals have been able to obtain a database containing usernames, email address and encrypted passwords. This information has been posted publicly on the internet.
As a Bitcoin supporter I'm now sending a message to every email address contained in the hacked database. This is to warn you that your username, email address and password have been leaked. I therefore strongly advice you to change your passwords. If you have used the same password on different websites it's highly recommended to change your password on all of your accounts!
For a more secure alternative to Mt Gox, the community appears to be moving to TradeHill. So this is no reason to lose faith in Bitcoin itself. It must be seen as a warning that not every website can be trusted with your data however! Their link is http://www.tradehill.com/?r=TH-R15683 (Note: You can remove the Referral Code when registering if you want!) This is certainly not the only website where you can exchange Bitcoins, also check out http://www.thebitcoinlist.com/dp_bitcoin/bitcoin-exchange/
Sincerely,
A Bitcoin supporter
1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7
Dear Sir or Madam,
A few hours ago the Bitcoin trading website Mt Gox has been hacked. Malicious individuals have been able to obtain a database containing usernames, email address and encrypted passwords. This information has been posted publicly on the internet.
As a Bitcoin supporter I'm now sending a message to every email address contained in the hacked database. This is to warn you that your username, email address and password have been leaked. I therefore strongly advice you to change your passwords. If you have used the same password on different websites it's highly recommended to change your password on all of your accounts!
For a more secure alternative to Mt Gox, the community appears to be moving to TradeHill. So this is no reason to lose faith in Bitcoin itself. It must be seen as a warning that not every website can be trusted with your data however! Their link is http://www.tradehill.com/?r=TH-R15683 (Note: You can remove the Referral Code when registering if you want!) This is certainly not the only website where you can exchange Bitcoins, also check out http://www.thebitcoinlist.com/dp_bitcoin/bitcoin-exchange/
Sincerely,
A Bitcoin supporter
1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7
I got that like 10 times.
Spammer that everyone is talking about since the Mt. Gox fail
Emailed issued few minutes ago from the mt.gox
Dear Sir or Madam,
A few hours ago the Bitcoin trading website Mt Gox has been hacked. Malicious individuals have been able to obtain a database containing usernames, email address and encrypted passwords. This information has been posted publicly on the internet.
As a Bitcoin supporter I'm now sending a message to every email address contained in the hacked database. This is to warn you that your username, email address and password have been leaked. I therefore strongly advice you to change your passwords. If you have used the same password on different websites it's highly recommended to change your password on all of your accounts!
For a more secure alternative to Mt Gox, the community appears to be moving to TradeHill. So this is no reason to lose faith in Bitcoin itself. It must be seen as a warning that not every website can be trusted with your data however! Their link is http://www.tradehill.com/?r=TH-R15683 (Note: You can remove the Referral Code when registering if you want!) This is certainly not the only website where you can exchange Bitcoins, also check out http://www.thebitcoinlist.com/dp_bitcoin/bitcoin-exchange/
Sincerely,
A Bitcoin supporter
1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7
Dear Sir or Madam,
A few hours ago the Bitcoin trading website Mt Gox has been hacked. Malicious individuals have been able to obtain a database containing usernames, email address and encrypted passwords. This information has been posted publicly on the internet.
As a Bitcoin supporter I'm now sending a message to every email address contained in the hacked database. This is to warn you that your username, email address and password have been leaked. I therefore strongly advice you to change your passwords. If you have used the same password on different websites it's highly recommended to change your password on all of your accounts!
For a more secure alternative to Mt Gox, the community appears to be moving to TradeHill. So this is no reason to lose faith in Bitcoin itself. It must be seen as a warning that not every website can be trusted with your data however! Their link is http://www.tradehill.com/?r=TH-R15683 (Note: You can remove the Referral Code when registering if you want!) This is certainly not the only website where you can exchange Bitcoins, also check out http://www.thebitcoinlist.com/dp_bitcoin/bitcoin-exchange/
Sincerely,
A Bitcoin supporter
1CWSjov2N7ix41bZ8bJfHXkdLLbkUsG9Y7
I got that like 10 times.
I know people are mad they won't get to keep the 10k bitcoins they bought at 10c a piece, but you have to keep in mind you bought STOLEN bitcoins. They aren't your's anyway, they were owned by who ever the schmo was with 500k bitcoinns. He is the one who lost in all of this technically, if anyone withdrew bitcoins after buying them that guy was the one losing them. We should be happy that mtgox is willing to roll everything back and take a hit on the bitcoins that were stolen.
+1
I know people are mad they won't get to keep the 10k bitcoins they bought at 10c a piece, but you have to keep in mind you bought STOLEN bitcoins. They aren't your's anyway, they were owned by who ever the schmo was with 500k bitcoinns. He is the one who lost in all of this technically, if anyone withdrew bitcoins after buying them that guy was the one losing them. We should be happy that mtgox is willing to roll everything back and take a hit on the bitcoins that were stolen.
there is almost no case in the 'real world' where someone who unknowingly obtains 'stolen' currency in a trade is forced to repay it.
this is true even in legal jurisdictions where unknowingly receiving stolen goods can sustain an action by the original owner to recover the goods.
would a 'rollback' even be considered here if the amount were 500 btc rather than something that had a noticeable effect on the market? or if someone stole us dollars and used them to purchase bitcoins? reversing trades will, in practice, simply help mt. gox selfishly (and the handful of accounts affected by either the owner's negligence or mt. gox's). perhaps breaking trades is meant, in a misguided way, to try to shore up the exchange rate of bitcoins, but that won't work, and it's not a typical or easily justifiable response to currency theft. based on what is being reported, the exchange worked perfectly; mt. gox failed as a broker or a fiduciary holder of accounts, not as an exchange. if the two entities (the broker side and the exchange side) were separate, breaking trades wouldn't even be a possibility.
I know people are mad they won't get to keep the 10k bitcoins they bought at 10c a piece, but you have to keep in mind you bought STOLEN bitcoins. They aren't your's anyway, they were owned by who ever the schmo was with 500k bitcoinns. He is the one who lost in all of this technically, if anyone withdrew bitcoins after buying them that guy was the one losing them. We should be happy that mtgox is willing to roll everything back and take a hit on the bitcoins that were stolen.
+1
I know people are mad they won't get to keep the 10k bitcoins they bought at 10c a piece, but you have to keep in mind you bought STOLEN bitcoins. They aren't your's anyway, they were owned by who ever the schmo was with 500k bitcoinns. He is the one who lost in all of this technically, if anyone withdrew bitcoins after buying them that guy was the one losing them. We should be happy that mtgox is willing to roll everything back and take a hit on the bitcoins that were stolen.
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