Cyberspace: The Past and Future of Bitcoins in Worldwide
Breaking Theymos - all you have to do is to follow the
Bitcoin.X-files. — Hive
Breaking Theymos - all you have to do is to follow the money
I know, you guys are tired of hearing about theymos, but the only way to get him removed from power is to prove that he broke some rules and have proof to back it up. Some of you have some real time on your hands. You should use it more wisely. There is something called the blockchain, it's a global public ledger, so where theymos thought he was being slick, he really wasn't, and all his misappropriation of funds over the years is going to catch up with him. All you need to do is spend a little time following the money bitcoins and then connecting the dots. Then show the proof to reddit admins or heck, just show it to the police, he is in the states, and voila, no more theymos. Let's take an example and walk through it.
the internet doesn't lie https://web.archive.org/web/20130312110028/http://www.reddit.com/Bitcoin/ using the wayback machine, we can see that theymos setup an "ad campaign" collecting user funds on reddit saying "Bitcoins sent here will eventually be used for a Reddit advertising campaign with the goal of promoting Bitcoin and /Bitcoin: 16KaCJB7fVuT6hvA7wzgzVjAnHz28bNvvh" is this even allowed?, probably, let's not nitpick and continue on....
theres lots of little tx's here and there but alas, what is this, we see on 2011-10-24 he sent himself (bitcointalk forums) money for $12.88, three months after the address was setup.
before we move on, remember, this is for "ads only" which is for reddit ads or bitcointalk ads (but one could have presumed the ads on reddit were for reddit ads only but its unclear from the wayback machine if it was for both or just reddit)
now knowing he is sending money to himself and comingling funds (a big no-no), we can look at what he is doing with the bitcointalk address.
we can see that the transactions from blockchain.info and walletexplorer match, except walletexplorer is cool cause it does this awesome labeling technique overtime. we can see on the left is the received / and on the right is the sent columns
from this address 17RTTUAiiPqUTKtEggJPec8RxLMi2n9EZ9 using walletexplorer we can see that funds were sent all over the place - is all this for reddit advertising you are probably asking yourself??? let's continue digging.....
theymos sent money to bitstamp (they don't do reddit ads, coinbase does though!), sent money to bitpay, mtgox, localbitcoins, btce, oh whats this, he even sent money to Silk Road!!!
theymos using the bitcointalk donation funds which were comingled with the reddit funds, sent 7.312 bitcoins to SR on 2013-07-21!! what was he doing with all that??
reddit ads campaign address 16KaCJB7fVuT6hvA7wzgzVjAnHz28bNvvh final balance: ZERO
bitcointalk address 17RTTUAiiPqUTKtEggJPec8RxLMi2n9EZ9 final balance: $3.38
WHERE DID ALL THE MONEY GO?????
I'm sure if you guys keep on digging you will keep on finding more, but those tidbits might be enough to send him away for what is called embezzlement! look it up, or at the very least, taking redditors money and misusing it for his own personal funds!!!
EDIT: No one has offered to accept any of the bets, so I am declaring this offer withdrawn.
BMR & Sheep have demonstrated their danger, but few black-market-users seem to genuinely appreciate this. I am publicly betting that they will fail in the near-future. If you think I am wrong, just try to take my money and prove me wrong! Otherwise, spare us your cheap talk.
Hi! I'm Gwern Branwen. You may remember me from such black-market webpages as Silk Road: Theory & Practice, and /silkroad. Today I'm here to talk to you about BlackMarket Reloaded & Sheep Marketplace. (A signed version of this 30 October 2013 post will be posted as a comment, because I wish to use Markdown formatting; my PGP key is available.)
With the fall of SR, we're all very sad: it was a good site which performed a useful function. But life goes on, so it's no surprise we're all moving on to new black markets. That said, I am concerned by the accumulating pattern I am seeing around BMR and Sheep, and by the delusional optimism of many of the users.
BlackMarket Reloaded, since the fall, has been marked by a pattern of arrogance, technical incompetence, dismissal of problems, tolerance for sellers keep buyer addresses & issuing threats, astounding tolerance for information leaks (all the implementation information, and particularly the VPS incident with the user data leak; mirrors: 1, 2), etc. We know his code is shitty and smells like vulnerabilities (programmer in 3 different IRC channels I frequent quoted bits of the leaked code with a mixture of hilarity & horror), yet somehow backopy expects to rewrite it better, despite being the same person who wrote the first version and the basic security principle that new versions have lots of bugs. (I'm not actually bothered by the DoS attacks; they're issues for any site, much less hidden services.) And then there's the things he's not telling us. Atlantis shut down because they were worried about contacts from LE, and thus far this shut down seems to have saved them; but BMR has been around several times longer than Atlantis - would it not beggar belief if LE had not made contacts, attempted SR-style stings, or infiltrated BMR staff? And remember how we were able to discover all sorts of leaks in DPR's opsec once we had the indictment and knew what to look for? Or consider the claims being made about the Project Black Flag Leaks, where someone claims to have accessed laundry list of information from its internals - only after Metta DPR decided to rip-and-run. If this is what we see publicly for BMR, what on earth is going on behind the scenes? backopy should have handed on BMR weeks ago, but is still around. He seems to plan to repeat SDPR's mistakes exactly: leak information all over the place, never retire, and just keep on until he is busted and takes who-knows-how-many people down to prison with him. He has learned nothing. What, exactly, is his exit strategy? What goals does he have and when will they ever be satisfied? He has been running BMR for more than 2 years now, and has not left. How does this story end: of a man who does not know his limits, does not have ability equal to the task, and refuses to quit while he's ahead? It ends with a party-van, that's how it ends. And hardly anyone seems troubled by this! The BMR subreddit is full of bustle; people are even hailing backopy as a "hero" for allowing withdrawal of bitcoins. (How generous of him.)
Is Sheep any better? No. BMR is troubled and probably infiltrated at this point, but Sheep may well be a dead market walking at this point. No one has a good word to say about its coding, so there may well be BMR-style issues in its future. More importantly: the veriest Google search would turn up that clearnet site, and it has beenpointed out that the clearnet Czech site hosted by HexaGeek was uncannily similar to the actual hidden service. It uses almost the same exact technology, and the official explanation is that they had "fans" (fans? who set up, many months ago, before anyone gave a damn about Sheep, an entire functioning mirror while cloning the software stack and being in a foreign non-English-speaking country just like the Sheep admins?). Ridiculous! DPR may have set up a WordPress site, but at least 'altoid' didn't run an entire SR mirror! (He left that to onion.to & tor2web.org.). Sheep's likely about one subpoena of HexaGeek away from fun party times in the party-van.
I am uninterested in seeing Sheep/BMR busted and lots of newbies caught because they can't appreciate the patterns here. People don't take mere criticism seriously, and even if I lay it all out like here, and I mention that I have an excellent track record of predictions, they still won't because anyone can doom-monger and issue warnings, it won't get through to them. I want to get through to them - I want them to understand the risks they're taking, I want them to reflexively use PGP, and I want them to leave balances on sites for as short a time as possible. So! I am putting my money where my mouth is.
I and 3 others are publicly wagering ฿4 ($816 at today's rate), ฿1 each, on the following 4 bets:
BMR will not be operating in 6 months: 25%; 1:3 (you risk ฿3 and if BMR is still operating, you win our ฿1, else you lose the ฿3 to us)
BMR will not be operating in 12 months 40%; 1:1.5 (you risk ฿1.5 & BMR is operating in a year, you win our ฿1, else lose ฿1.5)
Sheep will not be operating in 6 months 30%; 1:2.3 (your ฿2.3 against our ฿1)
Sheep will not be operating in 12 months 60%; 1:0.66 (you risk ฿0.66 against our ฿1)
The ฿4 are currently stored in 1AZvaBEJMiK8AJ5GvfvLWgHjWgL59TRPGy (proof of control: IOqEiWYWtYWFmJaKa29sOUqfMLrSWAWhHxqqB3bcVHuDpcn8rA0FkEqvRYmdgQO4yeXeNHtwr9NSqI9J79G+yPA= is the signature by 1Az of the string "This address contains bitcoins for the BMSheep bet run by gwern.").
BMR = kss62ljxtqiqdfuq.onion
Sheep = sheep5u64fi457aw.onion
The exact definition of 'not operating' includes but is not limited to this: on noon EST of 30 April 2013 (6-months) or 30 October 2014 (12-months), if Nanotube can visit the relevant black-market, create a buyer account, deposit bitcoins, and order an item, then the site is operating. If deposits or new accounts or purchases are not allowed or not possible, it is not operating. At his own discretion, the arbitrator can take into account other factors, like widespread reports that a market has been raided and turned into a sting operation.
Arbitration & escrow are being provided by Nanotube, a long-time Bitcoin user & -otc trader, who has handled some past bets (most famously, the ฿10,000 bet between the Ponzi schemer pirateat40 & Vandroiy) and I believe can be trusted to escrow this one as well; he has agreed to a nominal fee of 1%. (I am not using Bets of Bitcoin because they have a dishonest & exploitative rule-set, and I am not sure Predictious would allow these bets.)
If you disagree and are man enough to take our bets, post the amount you are betting on which bet, and Nanotube will supply an address for you to transfer your bitcoin to. When it arrives in his wallet, then our bet will be in effect. May the most accurate beliefs win.
I saw this posted in the SR forum and figured I would repost in case others have difficulty accessing the forums. Hi all, It has come to our attention that some users on Silk Road believe the following; 1. That I am a scammer and was involved in a Ponzi scam on Silk Road. 2. The moderators at Atlantis market are deleting user comments. 3. Our forums term of use policy is aimed to arrest people and record information. 4. That we are DDoS'ing Silk Road. 5. Our PGP system is crackable. I'd like to take the time to address each point and if you have any questions, please don't hesitate to reply to this thread. The staff members at Atlantis and I are happy to address your questions. 1) This belief has come into existence as 'Vladimir' was a scammer on Silk Road and thus people thought I was the same person as him. Unfortunately without knowing Vladimir's past history, this is my name and the one I have chosen to use. Hypothetically if I was Vladimir, why would I use a scammers alias at a market place which deals directly with user funds? It wouldn't help build trust in our market place and doesn't make any sense at all. Its the equivalent of pirateat40 creating a new Bitcoin Savings and Trust scheme and asking people to re-invest in it. We're proud to say that in our 7 weeks of operation, we have suffered no down time, no users have lost funds and security concerns have been addressed promptly (like increasing PGP key support up to 16Kbits). 2) We have deleted posts only related to spam, posts involving unfounded claims or accusations (FUD) and have deleted no posts in which people have given us criticism, bug reports or requests about improving security. You can check the relevant forum sections to find examples of this. We actively encourage this feedback as it helps us create a better market place. We are here to help users and are happy to reply to any security concerns or criticism you have. We have also created a sticky topic in the general forums for people to post whatever conspiracy theories they like. We will not be moderating this thread however the other forum rules still apply. 3) We used the default term of service which comes with the forum software. You can find an exact replica when you download and install the SMF software. This has now been updated. 4) We believe competition is healthy and believe that Dead Pirate Roberts is a great leader. We also need to shed the light that Silk Road has had technical issues in the past, even when we weren't around. Things like item listing image hijacking, denial of service attacks, site upgrades and switching hosting providers all caused down time. Although it would assist in us gaining more market share if our largest competitor is down, we have no desire to resort to dodgy tactics. We believe that what goes around comes around. 5) The auto-encryption service only works IF the user or vendors uploads their PGP public key (we support key sizes of 1024 - 16384 bits). However, Atlantis also supports manual encryption outside of Atlantis in which users can use a PGP client to encrypt their message. Atlantis administrators and law enforcement could not decipher the encrypted message without the users private key. With all this said, the security comes down to the end user. If they don't trust the auto-encryption service, they can STILL manually encrypt the message outside of Atlantis and thus there is absolutely no risk of anyone being able to decipher the message. To this day, PGP with large key sizes (>= 4096bits) is still uncrackable, you can find more information about it here: http://en.wikipedia.org/wiki/Pretty_Good_Privacy#Security_quality. Noting: 'there is no known method which will allow a person or group to break PGP encryption by cryptographic or computational means.' As stated earlier, if you have any concerns please don't hesitate to reply to this thread. Lastly, we'd like to thank all the people who have put their trust in Atlantis and believe in where we are heading. The ride is only just starting and we're glad to have you as part of Atlantis http://atlmlxbk2mbupwgr.onion/index.php?topic=235.0
"Loaded" admits to holding coins that may or may not have been involved with Silk Road and/or Pirateat40's ponzi scheme.
https://bitcointalk.org/index.php?topic=321265.msg3648319#msg3648319 https://blockchain.info/address/1491KpNqoY1vGE2Rzdd76BCsuXK7QepNGU As you can see from the Bitcointalk message, Loaded states he has holdings of ~158,000 Bitcoins. Those coins were a single hop away from the notorious 1DkyB address. Speculation from 2012 was that this address was the main repository of Pirateat40's Bitcoin Savings & Trust ponzi scheme. Loaded has since signed messages with Bitcoin private keys that control coins poorly tumbled from the address that contained 158k BTC (since there was no Joinmarket or any mixing service that could handle that amount of BTC). It is possible "Loaded" is Trendon Shavers.
On August 17 2012, Bitcoin plunged $3 to less than $11 after Pirateat40 stopped accepting Bitcoin payments. Another crash happened on April 10 2013 when Bitcoin plunged $60 to just $122 as increased trading volume disrupted Mt. Gox servers. On August 30 2013, Bitcoin crashed $131 to $126 within minutes as Tradehill announced closure. pirateat40 screwed, Bitcoin is real money as a result killhamster bitcoin , bitcoin savings and trust , buttcoin , fraud , money , pirateat40 , scam 1 Comment August 8, 2013 In case you’re not following closely, pirateat40 (AKA Trendon Shavers) has been formally charged by the SEC, and a judge has given the case a green light . The Bitcoin Forum is a website meant to host free discussion of Bitcoin and related topics. It is operated mainly as a service to the community, and the vast majority of income after expenses is either saved for future expenses or reinvested into the forum or the community. Video: Life On Bitcoin Newlywed Couple Hits The Road: . Beccy and Austin Craig (@LifeOnBitcoin) have been filming their lives for the first three months of their marriage while they live on Bitcoin for a documentary. Provo Utah’s KSL5 TV news reporter Jed Boal interviews them.Excerpts: “The Craigs will test the principal of currency when they begin roadtripping across the county Saturday. Bitcoin has always been a rather ambiguous phenomenon. Since its inception, it has attracted a certain audience, which is probably due to its private nature. With a large degree of confidence, we can say that many dedicated bitcoin users want to hide their financial transactions from outsiders. Another factor that makes bitcoin so mysterious is
How to create a bitcoin wallet address on blockchain.info
Bitaddress.org is a website that allows you to generate a unique bitcoin address that you can use for a cold-storage paper wallet. Verification of this site is very important. The steps followed ... For the Love of Physics - Walter Lewin - May 16, 2011 - Duration: 1:01:26. Lectures by Walter Lewin. They will make you ♥ Physics. Recommended for you I hope you enjoyed this video on how to get a bitcoin wallet address, below are the links to the 3 methods/wallets shown in the video as well as the bonus. 1. Electrum - https://electrum.org Bitcoin and other cryptocurrencies are "saved" utilizing wallets, a wallet symbolizes that you own the cryptocurrency that was sent to the wallet. Every wallet has a public address and a personal ... How to Verify a Bitcoin address generated by Bitaddress.org - Duration: 15:51. Rex Kneisley 6,655 views. 15:51. How to Make a Bitcoin (BTC) Paper Wallet That is SAFE VLOG #9 - Duration: 5:13.