03.10.14

These simple words are so awesome, first you will be shocked & then you will be walking on air!

Posted in Culture of Lickspittle, Fiat money fear and loathers at 10:55 am by George Smith

Angry at lost BitCoin, I hack Monsieur Gox to steal many of your BitCoin. Problem?

From the LA Times:

[Laura Saggers] said she personally has been trading in virtual currencies for eight months. She grew up interested in technology and studied programming in college, where she majored in music. She currently owns two bitcoins and 62 litecoins.

The Guardian:

Hackers took over the Reddit account and personal blog of Mark Karpeles, the chief executive of shuttered bitcoin exchange MtGox, on Sunday night.

The anonymous attackers used the accounts to post an angry letter accusing Karpeles of stealing bitcoins from his site’s former users, and posted a 750Mb zip file which they say comprises data stolen directly from MtGox’s servers …

Several members of the bitcoin community claim to have found their own transactions included in the dump, which would indicate that the leak is genuine. The hacker or hackers themselves say they were careful to strip out any passwords from the database. But other reports suggest that a second scam could be involved, with an application contained within the zip file, called TibanneBackOffice, apparently stealing users’ bitcoin wallets.

Economist Nouriel Roubini, in Twitter Tweets, from WSJ:

Bitcoin isn’t means of payment as few transactions in Bitcoin. And given its volatility all who accept it convert it right back into $.

BTCbugs like gold bugs are fanatics who speak of BTC in cult-like religious ways. Like gold bugs they have paranoid conspiracy views on the $.

Winkdex: $622 for one Bitcoin.

To paraphrase the cute young woman, money, money, I like money. I grew up interested in technology, studied in college and like to play music.

So this blog also accepts small amounts of Bitcoin. Because I went to a job fair last week and it sucked big time, more on which, later.

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2 Comments

  1. Ted Jr. said,

    March 11, 2014 at 9:02 am

    The chant of the ever circling skeletal family >>>>>>>

    http://voiceofrussia.com/news/2014_03_11/MtGox-still-has-stolen-Bitcoins-anonymous-hackers-4667/

    <<<

    If that 'happens' to be true, then it's a variation on the old burn down the restaurant to collect the fire insurance scam.

    Gets better all the time. Better open an extra colt 45.

  2. George Smith said,

    March 11, 2014 at 11:07 am

    I may have to upgrade to King Cobra, you get an extra ounce. Actually, it’s difficult to know what, if anything, that dump means.

    Here’s the rub, if you need a team of hackers and a screening through a tech news press release to understand the message, it’s a really hard sell.