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Showing 3 of 3 results by PNuttButter
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Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
PNuttButter
on 05/09/2011, 03:24:30 UTC
One thing I noticed.  Not one person here has questioned why the code has failed repeatedly and sent people bitcoins OR intersangos integrity.  Does this happen to anyone else, to any other exchange?  Maybe once, but not over and over, right?  Is Patrick really that bad of a coder?  That raises an eyebrow for me.  I don't know about you guys.

https://bitcointalk.org/index.php?topic=40934.msg498999#msg498999
This code was thoroughly tested using testnet.
The issue was with the server configuration, the database user did not have the proper permissions and the code failed in an unexpected way.
I have now changed to relevant code such that any failure of any kind will stop the script cold.

If you wish to learn more specific details, there's #bitcoinconsultancy on Freenode IRC network.

And we are just supposed to believe everything that intersango says, without questioning it?  That is pretty one sided, if you ask me.  How do you know he is not lying?  Why are you doing so much research for one side, and not other?

And you guys want to talk about a bitcoin justice system?  I sure hope people like you are not in any way associated with that.   You are completely, unfair.  You have to listen to BOTH sides of a story.  Not just one, to be fair.
Post
Topic
Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
PNuttButter
on 05/09/2011, 03:14:22 UTC
Actually, I did this, sort of.

I asked whether or not anyone checked to see if Intersango and BenDavis were the same guy.

That is also a very good point. 

It is kind of funny.  For people who think as HARD as a lot of these folks seem to think and do as much internet research as these people do, you and I are the only ones to possibly consider intersango as the criminal here.  Not the innocent party who received coins and got caught up in the mix.

I kind of feel bad for the guy who now has to deal with all this, when he did nothing to ask for it.
Post
Topic
Board Beginners & Help
Re: Exchange accidentally sent 512 bitcoins after coding error
by
PNuttButter
on 05/09/2011, 03:03:36 UTC
I read here a lot, never posted.  But this I had to comment on.

One thing I noticed.  Not one person here has questioned why the code has failed repeatedly and sent people bitcoins OR intersangos integrity.  Does this happen to anyone else, to any other exchange?  Maybe once, but not over and over, right?  Is Patrick really that bad of a coder?  That raises an eyebrow for me.  I don't know about you guys.

Sure, it is easy to call BenDavis a thief, he is the bad guy, scammer (although I really don't see how anyone can call HIM the scammer here, he is just the prick who wont give back the coins).  Sure, I can get that.  What a dick.  But aren't you supposed to look at BOTH sides of a story, before coming to judgement?  Why has no one questioned what intersango is doing with these repeated errors?

I know nothing about code, nothing about how money is generated or how exchange statistics are reported in the bitcoin exchange world.  But I do have one thing.  Logic.  I have a few simple questions.

1.  Why has the code failed repeatedly?  Why is intersango repeatedly sending bitcoins to people and having to ask for them back?

2.  Does bitcoin traffic (being sent back and forth from customer to exchange) benefit the exchange at all?  I know website traffic helps websites.  Is there any connection with that and a bitcoin exchange?

Has intersango figured out a subtle, quiet, not really noticeable scam to increase BTC traffic on their exchange?  Betting that most people are kind hearted and will send them back?  Making their numbers look better?  I am not sure, just a simpleton asking questions to all you intelligent folk.

3.  Why were the transactions sent 1 BTC at a time?  It was not a bundle of 511 at once.  It was 511, one at a time.  That would also point to increasing traffic on their exchange.  511 transactions in one day?  Then all sent back in one bundle, (well, they hoped at least) to make the books not look the 'same' ? 511 by 1 going out.  Then 511 at once going in.

I do have accounting experience.  And I do know that similar things like this are used to 'cook the books' in the accounting world.  Separate transactions like that make it harder to get caught cooking books.

Why has no one mentioned or thought about anything like this?  Because it is too easy to just call BenDavis a thief?  You all look like you are pretty intelligent people.  Yet, me, the moron here, is the only one to look at intersango and say 'this looks kind of weird to me'.