Gold collapsing. Bitcoin UP.

[trinoxol]

How weird that a hacker was able to access these files worth 800 million dollars, then delete all backup copies and then not move the coins.

 

[bitsko]

How weird that a hacker was able to access these files worth 800 million dollars, then delete all backup copies and then not move the coins.

how would it even be possible eh?

who in their right mind creates an overlay to manage bitcoin keys for privacy?

 

[Norway]

BCH is the Chaz of bitcoin

 

[torusJKL]

I'm not sure it has been announced here.

The next BU voting will take place between June 20th - 25th 2020.

### Announcing the next BU Vote: 20-25 June 2020 ###

Bitcoin Unlimited members are advised that the next vote on BUIPs will be open for 5 calendar days in the window 20-25 June 2020. Proposers of existing draft BUIPs are welcome to advise that their BUIP is ready for membership vote. It has been 2.5 months since the last vote, plenty of time for...

bitco.in

 

[79b79aa8]

BCH is cruising along at 600 tph.
BU vote, but no voice

 

[79b79aa8]

@torusJKL no, it has not been announced here. people here talk about bitcoin BSV. that's bad.

 

[torusJKL]

Unfortunately the BCH supporters have left this "toxic" thread.

 

[Norway]

This article sheds some light on what the Tulip trust think happened regarding the circulated letter from last week:

Home

CoinGeek offers the latest Blockchain News and Government & Enterprise Utility Blockchain information. Gain insights into the true Vision of Satoshi Nakamoto.

coingeek.com

 

[79b79aa8]

yea IDK . . you'd have hoped that after scores of baroque complications that have surfaced during the kleiman case, steps would have been taken to avoid further breaches. surely some security experts are on-hand.
or is it intentional? if so, it seems foolhardy; no argument is so air-tight that it is guaranteed to win in court. and under no interpretation does the situation look favorable.

 

[bitsko]

not in this thread, not in the slack.

im sure they are kicking ass and taking names somewhere right? right?

 

[torusJKL]

Not even in the Slack?
The BU communication channels seem totally broken.

 

[AdrianX]

OK then let's see if Proof of Social media has traction. CSW's response looks rational unless you have an irrational hatred for the man. https://coingeek.com/craig-wright-statement-on-the-missing-mt-gox-bitcoins/

 

[79b79aa8]

that part does look rational. but it does not address the alleged hack.

 

[Norway]

People were waiting for the courier to deliver. Perhaps very big resources were used for a hack.

 

[AdrianX]

that part does look rational. but it does not address the alleged hack.

The coins were delivered 01 March 2011-03-01 before Jed sold to Karpeles later that month.
The Mt Gox alleged hack happened on 2011-06-19 and those coins moved 2011-06-23.

Karpeles bought Mt Gox for some reason, maybe he felt Bitcoin was going up in value and saw an opportunity to either scam people or profit from a legitimate business. I can't imagine anyone knowingly buying a company knowing he'd owe customers 80K in Bitcoin. We can assume he knew about the 80k because that address appears to have come up in conversation between Jed McCaleb and Mark Karpeles.

The hack makes Jed look bad, he has insider info the working of Mt Gox and may have been covering up the sale of customer funds he sold and sent to the 1Feex address.

 

[AdrianX]

Apart from the extremely fishy situation of having 80K Bitcoin on an online computer with no backups.

That theft was very timely, coinciding with Mark Karpele's appeal being rejected by japan’s High Court leaving him guilty of manipulation of data.

 

[Norway]

Apart from the extremely fishy situation of having 80K Bitcoin on an online computer with no backups.

Remember that the bonded courier with the keys was announced in advance. Time, place (physically where Craig was), and roughly the HUGE amount of value was known months before the event.

It looks like a setup for the greatest heist in history. If you believe that Bitcoin is good money for criminals. And many criminals do the mistake of believing this.

A heist like this could include lots of surveillance, physical intrusion of phones, yubikeys, computers, buildings etc. Camera in the bedroom, kitchen, garden filming and looking for keystrokes to reveal passwords. Bribing employees, workers. You name it!

What would Ethan Hunt do to get the keys with a big budget and a strong organization helping him?

 

[torusJKL]

Tension is rising once again in Bitcoin Cash land.

I wonder if the Bitcoin Cash Node team will propose a new DAA for the November upgrade and if so if Bitcoin ABC will agree to it.
They were discussing some improved algorithms lately.

 

[cypherdoc]

improvement improvements; splitters gonna split.

 

[79b79aa8]

also:

Not invented here - Wikipedia

en.wikipedia.org