WTF @ Mt.Gox?! - page 2. | Bitcointalksearch.org

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Quote from: Tasty Champa on June 23, 2011, 01:10:54 AM

has anyone gotten the email yet?

Between now and tomorrow at 3:00 GMT you should receive an email with instructions on how to access your account, provided you have successfully completed the reclaim process at claim.mtgox.com.

https://support.mtgox.com/entries/20208066-huge-bitcoin-sell-off-due-to-a-compromised-account-rollback

wolftaur

member

Activity: 112

Merit: 10

Quote from: Rodyland on June 23, 2011, 01:08:07 AM

Wouldn't it be more likely to be an SMS 2-factor like Google does?

That's certainly possible, in which case a fee is still reasonable -- it generally costs money to send SMS, especially if you need to send a large number a month.

Tasty Champa

member

Activity: 84

Merit: 10

has anyone gotten the email yet?

Rodyland

hero member

Activity: 499

Merit: 500

Wouldn't it be more likely to be an SMS 2-factor like Google does?

wolftaur

member

Activity: 112

Merit: 10

Two factor authentication is based on something you know (your password) and something you have (usually a dongle that spits out one-time passwords you have to type in) and the dongles cost money. It's almost universal to have to pay extra for them.

This isn't extortion. This is, "Ok, we're improving our password encryption, and we won't give out the database, passwords and all, to some accountant again. But if you STILL want more..."

Now, if they start charging a monthly fee for the dongle, or a higher trade rate, or something... I'll consider them to be extremely dishonest and greedy.

As to extortion -- Well, a company I used to work for -- a finance company -- had the brilliant idea of actually charging an extra $29.95 a month to let you have a password more than 8 characters long. I managed to talk them out of it but it took me almost a month to convince them it was a really shitty thing to do and might actually be illegal.

Bit_Happy

legendary

Activity: 2114

Merit: 1040

A Great Time to Start Something!

Paypal has a little thing you can pay $5 to make your account much more secure, but that is not like a monthly payment.

dust

hero member

Activity: 840

Merit: 1000

If it costs money and is "two factor authentication" it could be one of those RSA tokens. The hardware costs money per unit, they aren't just going to give them out to free to every account. Poker sites charge for them, but offer them free/discounted to high-volume players. I suspect mtgox will do something similar.

geek-trader

sr. member

Activity: 294

Merit: 250

well, it looks like I'll be getting it for free, so, yay!

"Users who's trades were effectively cancelled during the the sell-off will be able to trade for free for 1 month following the reopening, and will also receive a free subscription to our upcoming 2-Step security authentication feature for as long as they hold their account."

Clipse

hero member

Activity: 504

Merit: 502

You do know that is just if you want it.

The initial security default upgrade which afaik should be plenty for normal people wont cost you money of course.

mjsbuddha

sr. member

Activity: 336

Merit: 250

yung lean

I pointed that out on the other tread. that, my friends, is called extortion. you cant say your product is less secure unless the users pay more money. this isn't the fucking mafia. these clowns really are clueless. shit got real way to fast for these kids. but they have been thrown into the pool now. they will either learn to swim or sink.

Chick

member

Activity: 70

Merit: 10

So the advanced security measures are part of a subscription? So I'll be paying you guys to prevent my account from getting hacked? LMAOROFLZOMBOCOMOMGWTFBBQ

Topic: WTF @ Mt.Gox?! - page 2. (Read 6477 times)