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'.