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Topic: [Payout Updates] Bitcoinica site is taken offline for security investigation - page 51. (Read 156693 times)

legendary
Activity: 1022
Merit: 1000
I entered my password, hit authenticate, but nothing happened. Is that normal?

I think that's a good sign
vip
Activity: 490
Merit: 502
I entered my password, hit authenticate, but nothing happened. Is that normal?
Same happened to me, and no message like the last couple of posts.

Same thing.  The password field just disappeared.

It should be normal. I entered my password and it disappeared, but in the backend it shows "Password verified" as true.
legendary
Activity: 2198
Merit: 1311
I entered my password, hit authenticate, but nothing happened. Is that normal?
Same happened to me, and no message like the last couple of posts.

Same thing.  The password field just disappeared.
legendary
Activity: 1022
Merit: 1000
Brutal Im getting a
No password hash found please contact [email protected] to request manual verification
+1

but... it is something !!!  Grin Grin Grin
hero member
Activity: 540
Merit: 500
The future begins today
Brutal Im getting a
No password hash found please contact [email protected] to request manual verification

same issue here.
member
Activity: 74
Merit: 10
I entered my password, hit authenticate, but nothing happened. Is that normal?
Same happened to me, and no message like the last couple of posts.
newbie
Activity: 26
Merit: 0
I entered my password, hit authenticate, but nothing happened. Is that normal?
hero member
Activity: 486
Merit: 500
Brutal Im getting a
No password hash found please contact [email protected] to request manual verification
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
Quote
No password hash found please contact [email protected] to request manual verification

bummer. Does this mean you only have a partial record of password hashes?
sr. member
Activity: 325
Merit: 250
Our highest capital is the Confidence we build.
Just follow the link you received when you first filled the claim. There you have the new password form.
donator
Activity: 1731
Merit: 1008
Quote
Please verify your ownership of the claimed account by opening the claim and authenticating.

Sorry I don't understand.  ,,, I don't feel like trying either.

Please care to elaborate.
hero member
Activity: 662
Merit: 545
hero member
Activity: 761
Merit: 500
Mine Silent, Mine Deep
There is now a password form on the claims page.

Please enter your password to verify you are indeed the rightful owner of the account.

I'm not seeing a password form on https://claims.bitcoinica.com (yes I did a hard refresh of the page)

I also received the following email from Bitcoinica [email protected] via sendgrid.info:

Quote
Please verify your ownership of the claimed account by opening the claim and authenticating.

A link and some instructions would have been helpful here..

And to echo dree12's question: How are you verifying these passwords, without a database?
legendary
Activity: 1246
Merit: 1077
There is now a password form on the claims page.

Please enter your password to verify you are indeed the rightful owner of the account.
How are you verifying these passwords, without a database? Or is this the 1/5 that was reconstructed?
sr. member
Activity: 463
Merit: 252
There is now a password form on the claims page.

Please enter your password to verify you are indeed the rightful owner of the account.
hero member
Activity: 868
Merit: 1000

Why on earth would that matter?  Most contracts are full of stock standard clauses and boilerplates - it would be more unusual if Bitcoinica's didn't include those.

Putting a force majeure clause into a contract doesn't mean it will hold up in court - especially if you're trying to include things over which you should reasonably have had control and mitigated risk. 
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
I believe that the company had plans to amend the Terms of Service to mention the illegibility of NZ non-accredited/non-institutional investors for Bitcoinica service.

You mean the Terms of Service available at: https://bitcoinica.com/pages/tos ?

Oh, that's right - Customers did not have access to terms of service for over a month, at a time where it matters the most.

Speaking of ToS:

Quote
[17] Force Majeure

You agree that Bitcoinica will not be liable in any way to you or to any other person in the event of force majeure, or for the act of any Government or legal authority, or for the failure of or damage or destruction to its computer systems, data or records or any part thereof, or for delays, losses, errors or omissions resulting from the failure or mismanagement of any telecommunications or computer equipment or software. The parties shall be released of all responsibilities for partial, full or non-fulfillment, as well as for improper fulfillment of the obligations under this Agreement, if such non-fulfillment or improper fulfillment was a result of extraordinary events, which occurred after this Agreement was concluded and which the party could not either foresee or prevent (natural calamities, wars, armed conflicts etc.).

I assume Bitcoinica is not treating this incident as Force Majeure? If not, how is Bitcoinica LP treating it?


Let's assume that those tos are geniune.

See bold text. Bitcoinica, who the hell came up with this drivel for you. Do you really think you can write this shit into Force Majeure and everything is hanky dory and you can just continue to be be as grossly negligent as you are? Yea nice lawmanship. Get proper lawyer to draft for you the terms. Bitcoinica, with such drivel in force majeure clause you are way better off without one.

tl;dr Bitcoinica thinks that having their computers hacked releases it from any liabilities to everyone.

I don't see what's so shocking about that.  Isn't that exactly what Linode thinks (as was written in their ToS), and, infact, what ended up being the case for the big hack a few months ago?  If I remember, all Bitcoinica ended up getting was an apology and an offer of free service for a year.

Edit:  To be clear, I'm not defending that practice, I'm simply pointing out that it doesn't seem to be uncommon and it's apparently enforceable.

I wonder if it's binding when it's only copied and pasted from some other website: https://www.google.com/search?sugexp=chrome,mod=14&sourceid=chrome&ie=UTF-8&q=%22or+records+or+any+part+thereof%2C+or+for+delays%2C+losses%22

~Bruno~
hero member
Activity: 812
Merit: 1001
-
if anyone wonders how positions will be liquidated here is the best answer I could find, https://intersango.com/terms.php (whether relevant to bitcoinica or not)

Quote
ACCOUNT CLOSURE PROCEDURE
These procedures represent a typical account closure; we reserve the right to change, modify, or completely ignore these procedures.
Your bitcoin balance will be liquidated
A check will be mailed to you at your expense for all resulting funds.

The most hilarious part was emphasized by yours truly.

Clauses 13, 14, and 15 on that page also have significant comedy value.



legendary
Activity: 2198
Merit: 1311
So people that have open position on bitcoinia still don't know what is going on with that... and the price in bitcoins are going up, wouldn't you hire more staff to handle these claims before the price in bitcoins really goes higher...  The longer bitcoinica takes the more they lose, and im speculating that bitcoins will be alot higher before I get my bitcoins back.

On the bright side, if you the price of bitcoins continues to go up, then maybe bitcoinica's grip will keep you from selling out too early.  See, there's always a silver lining.
hero member
Activity: 686
Merit: 500
Bitbuy
So people that have open position on bitcoinia still don't know what is going on with that... and the price in bitcoins are going up, wouldn't you hire more staff to handle these claims before the price in bitcoins really goes higher...  The longer bitcoinica takes the more they lose, and im speculating that bitcoins will be alot higher before I get my bitcoins back.

If they just give people some information, people can hedge their positions. But alas, they aren't giving the information because they haven't decided yet. In my opinion, such a decision should be priority. But then again, who am I decide what's best for them?
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