Bitcoin Bank Flexcoin shuts down after theft

[WDF]

Posted on their site and on news sites.

Attacked and 896 coins in the hot wallet stolen.

Flexcoin shuts down.

Site

Story

[CAHEK]

[L-Pink]

I'm a little slow but starting to see a pattern ……...

[WDF]

Mhmmmmmm

It appears an unscrupulous individual/group has found the code to get rich quickly at others expense.

[~Ray]

nom nom nom

[lezinterracial]

Autumn Radtke, First Meta Exchange founder has committed suicide. Site still up though.

https://firstmetaexchange.com/home

[Supz]

I wouldnt put it past any of these guys mtgox or flexcoin that they just stole the bitcoins from there own system and dumped it into another wallet they control.

[InfoGuy]

I wouldn't be surprised if the government was behind it. The best way to undermine the growing popularity of Bitcoin and other cryptocurrencies is to make them look less secure.

[PornDiscounts-V]

Fucking Winklevosses

[baggg]

more bitcoins in motion

[Aidoru]

Where is the ancient aliens guy to explain this

[NewNick]

Originally Posted by InfoGuy

I wouldn't be surprised if the government was behind it. The best way to undermine the growing popularity of Bitcoin and other cryptocurrencies is to make them look less secure.

Jeez.

If they want to stop crypto currencies they just stop them.

Do you really think they need to piss about doing shit like this.

I despair when I see pathetic paranoid conspiracy theories popping up about absolutely everything.

Get a grip on reality.

[Emil]

Originally Posted by L-Pink

I'm a little slow but starting to see a pattern ??...

Yeah, me too. Hackers starting to like money.

[Ramirez]

I think they stole the members Bitcoins and dumped it into another account, saying they got hacked.

[ruff]

Originally Posted by Ramirez

I think they stole the members Bitcoins and dumped it into another account, saying they got hacked.

Sounds familiar. I've been ripped by some porn companies that did the same thing.

[Razzzrrr]

why am I not surprised?

[seeandsee]

classic hacker motion attack

[DAMNMAN]

Originally Posted by supz

i wouldnt put it past any of these guys mtgox or flexcoin that they just stole the bitcoins from there own system and dumped it into another wallet they control.

+1 on that

[arock10]

Rogue programmer

[Stephen]

Originally Posted by WDF

It appears an unscrupulous individual/group has found the code to get rich quickly at others expense.

Yes, yes it does appear so

[BlackCrayon]

Originally Posted by Ramirez

I think they stole the members Bitcoins and dumped it into another account, saying they got hacked.

yep, this is not the first or the last. there are no repercussions so why not? the best most risk free million dollar heist ever!

[Stephen]

Originally Posted by BlackCrayon

yep, this is not the first or the last. there are no repercussions so why not? the best most risk free million dollar heist ever!

So how many folks on this board are thinking they need their own currency / exchange?

And they wonder why we laugh

[ruff]

Originally Posted by Stephen

So how many folks on this board are thinking they need their own currency / exchange?

And they wonder why we laugh

We don't wonder why you laugh, we know. Smart cryptocurrency traders take proper security steps to protect their investment. The ones that hide their money in a cookie jar or under the mattress usually get ripped off. It's not any different in porn, except a lot of the thieves in porn are known and still do business.

[Stephen]

Originally Posted by ruff

Smart cryptocurrency traders take proper security steps to protect their investment.

And how is that, when the fundamental problem (with bitcoin anyway) is that you don't even know who is behind it?

"Satochi" is a made up name. No real money is issued by the bank of make believe...

The only "proper security steps" is to avoid giving money to anonymous hackers, but that doesn't play in with pyramid profits.

[TheSquealer]

Well, I guess there really are no problems with an anonymous currency

[Kafka]

1 Bitcoin: $650 going up.

[_Richard_]

Originally Posted by WDF

Mhmmmmmm

It appears an unscrupulous individual/group has found the code to get rich quickly at others expense.

and while 'getting rich', they destroy the currency and it's worth...

[NewNick]

Originally Posted by arock10

Rogue programmer

Rogue rogue.

[Captain Kawaii]

central bankers must be rolling in the aisles...

[ruff]

Originally Posted by Stephen

And how is that, when the fundamental problem (with bitcoin anyway) is that you don't even know who is behind it?

"Satochi" is a made up name. No real money is issued by the bank of make believe...

The only "proper security steps" is to avoid giving money to anonymous hackers, but that doesn't play in with pyramid profits.

Bitcoin is not some anonymous entity. There are plenty of serious people involved with the currency and soon it will be on Wall Street. It is real because people make it real and it is as simple as that. Anyone with knowledge does not keep their cryptocurrency on an exchange or anywhere someone else can possibly access it. It is easy to protect your coins by simply keeping them in your own wallet offline. There is no such thing in cryptocurrency as pyramid profits. And by the way, most fiat currencies of the world are no longer backed by gold. So what would be the difference? The US government can print money whenever it wants to and there are millions of counterfeit dollars worldwide. Every Bitcoin is accounted for and there will only be 21 million Bitcoin in circulation by 2032.

Most of what I read on this board is misinformation by people that won't even invest a few minutes in researching Bitcoin. There is a huge opportunity to make money and people are making money left and right. Some of you could be making large right now if you just educated yourselves.

We are all just standing around holding our dicks, but I'm holding my dick wrapped in hundred dollar bills.

[Joshua G]

Originally Posted by ruff

Smart cryptocurrency traders take proper security steps to protect their investment. The ones that hide their money in a cookie jar or under the mattress usually get ripped off.

more bright ideas from the informed one. Hey, if the website is glittery & has the visa logo on it, it can be trusted to exchange your money.

what exactly is the proper security steps that those clients of gox & flexcoin failed to take? they didnt go past page 3 on google?

[_Richard_]

someone posted this on another board:

http://www.dailymail.co.uk/news/arti...de-age-28.html

[BlackCrayon]

Originally Posted by ruff

Bitcoin is not some anonymous entity. There are plenty of serious people involved with the currency and soon it will be on Wall Street. It is real because people make it real and it is as simple as that. Anyone with knowledge does not keep their cryptocurrency on an exchange or anywhere someone else can possibly access it. It is easy to protect your coins by simply keeping them in your own wallet offline. There is no such thing in cryptocurrency as pyramid profits. And by the way, most fiat currencies of the world are no longer backed by gold. So what would be the difference? The US government can print money whenever it wants to and there are millions of counterfeit dollars worldwide. Every Bitcoin is accounted for and there will only be 21 million Bitcoin in circulation by 2032.

Most of what I read on this board is misinformation by people that won't even invest a few minutes in researching Bitcoin. There is a huge opportunity to make money and people are making money left and right. Some of you could be making large right now if you just educated yourselves.

We are all just standing around holding our dicks, but I'm holding my dick wrapped in hundred dollar bills.

so those who don't know any better deserve to lose their coins?

[ruff]

Originally Posted by JoshGirls Josh

more bright ideas from the informed one. Hey, if the website is glittery & has the visa logo on it, it can be trusted to exchange your money.

what exactly is the proper security steps that those clients of gox & flexcoin failed to take? they didnt go past page 3 on google?

You need to shut the fuck up. You are too stupid for this topic.

[ruff]

Originally Posted by BlackCrayon

so those who don't know any better deserve to lose their coins?

Nobody deserves to lose anything. Thieves are thieves. You don't set a stack of twenty dollar bills on the table at McDonalds and expect them to be there when you get back from taking a piss.

I got ripped off for thousands of dollars when ProAdult ripped off all of their webmasters, but there was shit I could do about it. Now I see some of them on this board all the time. Some even have a bigger business going on that they were able to set up with mine and other webmasters stolen funds. Shit happens.

DDOS attacks are theft, what do you do about that? There are all kinds of examples. But no point in trying to argue about it if you don't see it. Bitcoin is here to stay, I would suggest learning something about it. Or not.

[adultmobile]

[420]

Remember how those mean old bank and train robbers killed the USD in the wild west?

[BlackCrayon]

Originally Posted by ruff

Nobody deserves to lose anything. Thieves are thieves. You don't set a stack of twenty dollar bills on the table at McDonalds and expect them to be there when you get back from taking a piss.

I got ripped off for thousands of dollars when ProAdult ripped off all of their webmasters, but there was shit I could do about it. Now I see some of them on this board all the time. Some even have a bigger business going on that they were able to set up with mine and other webmasters stolen funds. Shit happens.

DDOS attacks are theft, what do you do about that? There are all kinds of examples. But no point in trying to argue about it if you don't see it. Bitcoin is here to stay, I would suggest learning something about it. Or not.

lol shit happens. sure it does but if bitcoin ever wants to be accepted as a currency in the mainstream it has to be easy to use and not so easy to steal. if someone steals from my bank account, the bank will give me the money back, same with credit cards. bitcoin is set up to be easily stolen apparently. not to mention much of bitcoins in circulation were created via botnets infecting millions of computers...more crimes.

bitcoin is supposed to be a currency, not a business so i don't know why you even mention getting ripped of as a webmaster. we all have been through that. i don't think its comparable to some average joe buying a few bitcoins and not being smart enough to store them offline.

[WDF]

Originally Posted by vvvvv

Fucking Winklevosses

May be MZ is getting his settlement money back!!!!???

LMAO

[Stephen]

Originally Posted by ruff

Bitcoin is not some anonymous entity.

Yes it is. Give me the physical address of the bitcoin headquarters or show me a photo of "Satochi"

I can provide the address of Bank of America and the U.S. Treasury and Federal Reserve if you like.

Originally Posted by ruff

There is no such thing in cryptocurrency as pyramid profits.

Sure there is. The folks who bought low and early sold high to the folks that followed, each of which dreamed of bigger rewards from those that followed them. It is a classic pyramid or ponzi scheme.

[Joshua G]

Originally Posted by ruff

Nobody deserves to lose anything. Thieves are thieves. You don't set a stack of twenty dollar bills on the table at McDonalds and expect them to be there when you get back from taking a piss.

nice false analogy. comparing leaving money on a table to keeping money in the bank? LOL.

when someone opens an account at an exchange, there should be a reasonable expectation that their bitcoins, or their cash, stay in their account. Banks follow regulations that require such security. Duh.

but your so fucking dumb, you can't even think up a proper analogy. So dumb, you don't even realize the insecurity is a crucial monkey wrench in your wet dream of bitcoin going mainstream. Nobodys gonna park money in accounts that vanish, tard.

just keep spamming away your dim-witticisms. I'll be here to laugh at them.

[Joshua G]

Originally Posted by Stephen

Sure there is. The folks who bought low and early sold high to the folks that followed, each of which dreamed of bigger rewards from those that followed them. It is a classic pyramid or ponzi scheme.

don't waste your energy. he doesn't realize that he is the guy getting fleeced paying out 650 to someone who mined it at a buck. He's hoping he passes his 650 coins to some other idiot at 2000, when someone even dumber than him starts drinking the kool aid.

[ruff]

Originally Posted by JoshGirls Josh

nice false analogy. comparing leaving money on a table to keeping money in the bank? LOL.

when someone opens an account at an exchange, there should be a reasonable expectation that their bitcoins, or their cash, stay in their account. Banks follow regulations that require such security. Duh.

but your so fucking dumb, you can't even think up a proper analogy. So dumb, you don't even realize the insecurity is a crucial monkey wrench in your wet dream of bitcoin going mainstream. Nobodys gonna park money in accounts that vanish, tard.

just keep spamming away your dim-witticisms. I'll be here to laugh at them.

Christ you are kind of a cocksucking idiot aren't you? Dumb as a sack of rocks. How many memberships have you sold in the past couple of weeks, 3 or 4? I've made over 14,000 dollars trading alt-coin, you bozo. You know absolutely nothing and I mean nothing about Bitcoin. What are you, about 15 years old? What a class A shit-heel.

[Joshua G]

Originally Posted by ruff

I've made over 14,000 dollars trading alt-coin, you bozo.

yeah when you bought 3 at 657 i could tell what a sharp trader you are.

if you were franck & put up a post saying buy at 45, i might believe you. But you are just a jack-off touting this crap long after it moved. but i'm supposed to believe you made some bank when you can barely put english words together.

also your insults are sophomoric. go look up that word kid.

[ruff]

Originally Posted by JoshGirls Josh

yeah when you bought 3 at 657 i could tell what a sharp trader you are.

if you were franck & put up a post saying buy at 45, i might believe you. But you are just a jack-off touting this crap long after it moved. but i'm supposed to believe you made some bank when you can barely put english words together.

also your insults are sophomoric. go look up that word kid.

I bought at 900, 800, 700, 600, 500 and a shitload of BTC at 423. I don't care what you believe. I don't care anything at all about you. You're a nobody and, apparently very pissed off that you aren't a smarter person. That can't be helped now though. Good luck with your bouncing titty website. Looks like a bright future for you.

[arock10]

Bitcoin, the investment for non investors