Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

Silk Road 2 Hacked, All Bitcoins Stolen

deepdotweb.com

Post reply on HN
Print view View original

141–150 of 555 posts

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#141

Post by [deleted] »

munificent wrote: post #90
pikachu_is_cool wrote: post #66

Earlier quoted context omitted.

I think what he's trying to say that it's far less likely for a libertarian "legalize drugs" type of person to screw a bunch of people over. Like, when you facilitate selling drugs, there is no victim. Hell, you probably prevented having a victim. When you facilitate selling weapons/assassinations/child porn, there is a victim. The latter type of person would be more likely to victimize his/her customers than the for…

> it's far less likely for a libertarian "legalize drugs" type of person to screw a bunch of people over. Why? Does being libertarian somehow grant a +3 to morality?

[deleted]

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#142

Post by lugg »

blhack wrote: post #115

This is almost certainly hogshit, and anybody who has been paying even a little bit of attention over the last week can probably smell it. The "hole" in MtGox's security was a social one. You could contact customer support and claim that you had not received your coins, and they could re-issue you new ones if they chose to. There is also no evidence that this ever happened. This wasn't, and isn't, a flaw in the under…

Source?

I was under the impression MtGox was also processing withdrawals automatically and shut off withdrawals while they implemented a manual step (like all the other wallet sites already have.)

I don't mean to be unconstructive, just trying to understand what you're saying here, I don't really see how a customer support issue such as you outlined would require shutting off withdrawals for multiple days.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#143

Post by apalmer »

zedshaw wrote: post #133

This is seriously the most hilarious thing I have read in a long time. Here we have a group of objectivist libertarians who believe that there should be effectively no laws other than the law of economics and self-interest who run an illegal website devoted to the pure greed of cashing in on contraband, and this is what they write: "I’ve included transaction logs at the bottom of this message. Review the vendor’s dis…

I get your point, but I think you are missing the glaring nuance here...

He is basically saying if you are reading this and you were affected its in your best interest to participate in catching this guy and 'persuading' him to give us the bitcoins...

he isnt appealing to government or some over arching entity or morality.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#144

Post by aaronem »

zedshaw wrote: post #133

This is seriously the most hilarious thing I have read in a long time. Here we have a group of objectivist libertarians who believe that there should be effectively no laws other than the law of economics and self-interest who run an illegal website devoted to the pure greed of cashing in on contraband, and this is what they write: "I’ve included transaction logs at the bottom of this message. Review the vendor’s dis…

I don't love libertarians and their ilk any more than you do, but in fairness I have to say this doesn't read to me like a request for government intervention, so much as a "Let's you and him fight" suggestion that the users who got ripped off go after the users he claims did the ripping. The idea, I think, is that if enough jilted users get together to make life miserable for the people who supposedly did the thieving, then it'll be in their self-interest to return the stolen bitcoins and make everything be OK again. Or something.

On the other hand, there's nothing that's not funny about seeing a hardcore libertarian find whiny refuge in the clichés of Communism:

> Being a part of this movement might be the most defining thing you do with your entire life. Don’t trade that for greed, comrades.

And, whatever you do, don't start thinking I'm to blame for this unbelievable fuckup that wouldn't have been possible in the first place if I hadn't done something stupid! No, it's all that guy's fault.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#145

Post by unethical_ban »

zedshaw wrote: post #133

This is seriously the most hilarious thing I have read in a long time. Here we have a group of objectivist libertarians who believe that there should be effectively no laws other than the law of economics and self-interest who run an illegal website devoted to the pure greed of cashing in on contraband, and this is what they write: "I’ve included transaction logs at the bottom of this message. Review the vendor’s dis…

The number of strawmen in your argument is staggering.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#146

Post by frankchn »

beat wrote: post #100
weavejester wrote: post #67

Earlier quoted context omitted.

Modern banking is also largely reversible, so stolen funds can often be recovered, and insurance covers the other cases. Bitcoin has the problem of having irreversible transactions, and it's also a lot more difficult to determine whether or not an account has been legitimately stolen from. I don't think it's the case that the current banking industry is insulated from theft due to superior security. From what I've he…

Reversible transactions are a security mechanism. And not all mainstream financial transactions are reversible - short term bank to bank loans, which can run in the tens of millions of dollars over periods of mere minutes, are not reversible within the transaction process itself (set up another transaction to balance the books if necessary). Of course, this is hardly a realm for consumers! Only a rarified few that ha…

An example of a "big-money" part of the banking system, Fedwire, the money transfer between banks run by the Federal Reserve, cleared an average of 2.85 trillion dollars per day in Q3 2013.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#147

Post by blhack »

sillysaurus2 wrote: post #125
blhack wrote: post #115

This is almost certainly hogshit, and anybody who has been paying even a little bit of attention over the last week can probably smell it. The "hole" in MtGox's security was a social one. You could contact customer support and claim that you had not received your coins, and they could re-issue you new ones if they chose to. There is also no evidence that this ever happened. This wasn't, and isn't, a flaw in the under…

If SR was re-issuing coins automatically, it's because they were being intentionally stupid. MtGox was re-issuing coins automatically. Due to this, Gox has lost money. Possibly a huge amount. Were they being intentionally stupid, or just stupid? Source: https://news.ycombinator.com/item?id=7222690 This transaction malleability flaw is certainly a convenient excuse. But if these people implemented their wallet softwar…

>MtGox was re-issuing coins automatically

They worded that very strangely in their statement about it:

>This means that an individual could request bitcoins from an exchange or wallet service, alter the resulting transaction's hash before inclusion in the blockchain, then contact the issuing service while claiming the transaction did not proceed. If the alteration fails, the user can simply send the bitcoins back and try again until successful.

Emphasis mine.

The reference client certainly doesn't do this on spends. Why would gox have implemented it in this way? It doesn't make any sense at all.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#148

Post by zedshaw »

aaronem wrote: post #144
zedshaw wrote: post #133

This is seriously the most hilarious thing I have read in a long time. Here we have a group of objectivist libertarians who believe that there should be effectively no laws other than the law of economics and self-interest who run an illegal website devoted to the pure greed of cashing in on contraband, and this is what they write: "I’ve included transaction logs at the bottom of this message. Review the vendor’s dis…

I don't love libertarians and their ilk any more than you do, but in fairness I have to say this doesn't read to me like a request for government intervention, so much as a "Let's you and him fight" suggestion that the users who got ripped off go after the users he claims did the ripping. The idea, I think, is that if enough jilted users get together to make life miserable for the people who supposedly did the thievi…

Even then, he's saying that all the claims of the new DPR to be peaceful are bullshit, and again that everyone should band together and get him, contradicting the objectivist mindset. Either he's asking the government for help, or asking a pseudo-government lynch mob for justice, and either is hypocritical.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#149

Post by waterlesscloud »

unethical_ban wrote: post #145
zedshaw wrote: post #133

This is seriously the most hilarious thing I have read in a long time. Here we have a group of objectivist libertarians who believe that there should be effectively no laws other than the law of economics and self-interest who run an illegal website devoted to the pure greed of cashing in on contraband, and this is what they write: "I’ve included transaction logs at the bottom of this message. Review the vendor’s dis…

The number of strawmen in your argument is staggering.

It's basically a bunch of assumptions and misapprehensions stacked up so he can hate on one of the tribes other than his own.

You know, what passes for politics these days.

Re: Silk Road 2 Hacked, All Bitcoins Stolen

#150

Post by tokoz »

npcc wrote: post #129

Okay, I'm going to go out on a branch and throw up a strange hypothesis. I don't have any stake in the Bitcoin or drug dealing games, apart from generalized anarchistic tendancy: Silk Road 2 was a project set-up by some government agency or gangsters. The overall plan is to eliminate competition and sow uncertainty around both Bitcoin and Silk Road type unregulated markets with anonymous owners. The "transaction mall…

what?
Post reply on HN