Bitcoin heist: $500k stolen from some guy

[J-Money]

It's as likely to be a crime as if someone hacked my WoW account and stole all my gold.

Because it does have real value too, infact I can get real money for it!

 

[momeNt]

It's as likely to be a crime as if someone hacked my WoW account and stole all my gold.

Because it does have real value too, infact I can get real money for it!

It's real money if you can get something of value for it. The fact that the state doesn't pursue criminals for theft of the money doesn't have any bearing on that. All that would mean is that it isn't state sponsored money and also is not viewed as property, so the state does not protect it like they would other property such as cars, houses, gold, diamonds, etc.

 

[JockoJohnson]

I wouldn't give you 2 cents for one.

But you just did 😉

 

[Dulanic]

It's real money if you can get something of value for it. The fact that the state doesn't pursue criminals for theft of the money doesn't have any bearing on that. All that would mean is that it isn't state sponsored money and also is not viewed as property, so the state does not protect it like they would other property such as cars, houses, gold, diamonds, etc.

That is unless a lobbyist convinces the government that it is worth millions.... i kid i kid...kind of.

 

[OutHouse]

Ah true. If you have full access to someone's computer, it doesn't really matter... they're screwed.

my bank requires two factor authentication to log in. so no if some hacker got on my computer and knew my bank password there is no way they would know the soft token.

 

[Thump553]

Anybody still wasting time on this stupid crap?

necro post of the day award

 

[Dman8777]

Who the hell would pay 500 grand for bitcoins?

 

[xj0hnx]

Who the hell would pay 500 grand for bitcoins?

Someone that wanted to buy a lot of crack on the silken highway.

 

[airdata]

Yes, his computer was hacked and somebody remotely stole his BTC. They could have just as easily emptied his real bank accounts.

Not true at all.

Bitcoin by nature is supposed to be anonymous. I'm sure people will point out it's not 100% anonymous... but stealing a persons wallet.dat file is not in the same ball park as somehow bypassing a banks security and emptying somebodies account.

Originally Posted by Doppel
Anybody still wasting time on this stupid crap?

Plenty of people are. There's also been a recent breakthrough in mining hardware that doesn't use much electricity and thus opening up profit margins for miners w\ enough money to invest into the new hardware without paying hundreds or thousands a month for electricity.

 

[Joepublic2]

Not true at all.
Plenty of people are. There's also been a recent breakthrough in mining hardware that doesn't use much electricity and thus opening up profit margins for miners w\ enough money to invest into the new hardware without paying hundreds or thousands a month for electricity.

So they're finally using FPGAs to mine bitcoins? Took them long enough. The only step after this will be custom fabricated logic chips. Bitcoins are still wayyy to volatile to be used as a real currency; they're pretty good for buying black market goods/services and laundering money, though. I mainly just wish somebody would write a wallet app that isn't shit; the official client is garbage.

This must be it? http://www.butterflylabs.com/

 

[CitizenKain]

Buttcoins. Just wanted to say it.