Any ideas on when he left the company? Without saying anything further, I am curious if there is any correlation with the timing of the first transaction on May 13, 2015.



Yes there are all the way around. I cannot describe the impact this experience has had on my well being. I do not like that ~1300 BTC were taken from a product which I promoted and had lent my credibility to. After meeting Kris in person the first time I had a grand mal seizure and have since been diagnosed with epilepsy. I believe the stress from this whole experience has contributed to my seizure disorder and truly wish everyone could get their funds back. It is also why I have remained silent for so long.

Except if you follow the coins to http://blockr.io/address/info/1EWTiEJ9E3vdc3vDh86WQExTRhduDKdmmd you will see that 29 BTC has not moved since that day. I believe the hacker saw the community respond to the moved coins and/or was waiting to see if they could be safely moved. Someone really needs to do a full technical analysis of where these coins have gone and set up alerts if they do move again. I believe the hacker still has access to the funds but is trying to find a way they can get away with it.


I was not aware of this but will have to look more into the legal details of what happened. If this is the case then Coinify should attempt to do something for the customers of BIPS who lost money.

Kris,

As someone who used to be associated with BIPS and whose reputation has taken a hit as a result of the website's hack, I ask for transparency on behalf of the public and myself. You have provided the public no concrete details about what was exploited nor how access was gained. ~1300 BTC of user funds were taken and not repaid to this day: A tragedy which is hard to stomach given the once sterling reputation of the business. When I left BIPS in the summer of 2013 there were no known security issues and a sizable profit sitting in the wallet. Having handled customer support, I did not see a single security flaw reported up until my departure.

Until you provide technical proof of the hack beyond the address which Bitcoins were sent to I have very serious concerns about what happened. Anyone could have discovered this address using the block chain and I refuse to believe you have no more details than that. Providing the full technical details of this hack to the public may help in apprehending the suspect and give hope to those who have lost coins. As far as I can tell BIPS is long gone and not coming back - there is nothing to lose by releasing information about the hack.

The stolen coins were on the move last summer until the public took note; so whoever took them still has access and in theory could return them. If the hacker has a heart, they will give the Bitcoins back to someone who can give them back to the users. I want nothing to do with the process but I propose BitPay, BitStamp or some other reputable member of the community provide an address which funds can be sent to. My relationship with BIPS officially ended July 2013 and I want nothing to do with it after how things ended.

To the hacker: You will never be able to spend those coins, so why don't you just return them? Any attempts to spend them will result in your identity being revealed and you being caught.

Kris: You owe it to the public to provide every technical detail to the public including the server logs. The missing ~1300 BTC is almost $1 million Canadian today and silence on the issue is unacceptable. The public needs to know I am not okay with this and you should not be either.

Sincerely,
Adam Harding

An open letter to Kris Henriksen:

As someone who used to be associated with BIPS and whose reputation has taken a hit as a result of the website's hack, I ask for transparency on behalf of the public and myself. You have provided the public no concrete details about what was exploited nor how access was gained. ~1300 BTC of user funds were taken and not repaid to this day: A tragedy which is hard to stomach given the once sterling reputation of the business. When I left BIPS in the summer of 2013 there were no known security issues and a sizable profit sitting in the wallet. Having handled customer support, I did not see a single security flaw reported up until my departure.

Until you provide technical proof of the hack beyond the address which Bitcoins were sent to I have very serious concerns about what happened. Anyone could have discovered this address using the block chain and I refuse to believe you have no more details than that. Providing the full technical details of this hack to the public may help in apprehending the suspect and give hope to those who have lost coins. As far as I can tell BIPS is long gone and not coming back - there is nothing to lose by releasing information about the hack.

The stolen coins were on the move last summer until the public took note; so whoever took them still has access and in theory could return them. If the hacker has a heart, they will give the Bitcoins back to someone who can give them back to the users. I want nothing to do with the process but I propose BitPay, BitStamp or some other reputable member of the community provide an address which funds can be sent to. My relationship with BIPS officially ended July 2013 and I want nothing to do with it after how things ended.

To the hacker: You will never be able to spend those coins, so why don't you just return them? Any attempts to spend them will result in your identity being revealed and you being caught.

Kris: You owe it to the public to provide every technical detail to the public including the server logs. The missing ~1300 BTC is almost $1 million Canadian today and silence on the issue is unacceptable. The public needs to know I am not okay with this and you should not be either.


Sincerely,
Adam Harding

That is correct. If you would like to PM an offer close to this price I may consider.

I am auctioning off the following domains on GoDaddy:

http://www.asicfarm.com

and

http://www.hostmyasic.com


The second domain comes with full rights to vectors of the logos below



Electricity costs have made asic hosting an unattractive option in Canada or I would have launched these sites already.


Auction listings

https://ca.auctions.godaddy.com/trpItemListing.aspx?&miid=132771743
https://ca.auctions.godaddy.com/trpItemListing.aspx?&miid=132771759

reserved

bump

I am selling game 6 playoff tickets for Toronto Maple Leafs vs Boston Bruins tomorrow night at the ACC. I have hard tickets and will meet in a public place somewhere in the for exchange. I will update the thread when either become unavailable.

Section 115
Row 10
Seat 9
8 6.5 bitcoins


Section 319
Row 18
Seats 27 and 28
6.5 5.5 bitcoins for both

There it is:

https://bitcointalk.org/index.php?topic=128772.0

WalletBit had a period where we gave access to the humble bundle for Bitcoins. It was very popular so I'm sure they will do well.

Well said.

I have seen this question pop up a lot lately and thought it would be interesting to run a poll to see what the public opinion is. I have stated publicly in my interview with Cliff Kule at http://www.cliffkule.com/2013/04/kule-interview-bitcoin-adam-harding.htm that I believe it is not a currency but a commodity with money like properties (similar to gold).

Please give your answers and explain your reasoning.

BIPS and WalletBit are still doing just fine WalletBit is the only service of its type still running since June 2011 and BIPS is its successor (free Bitcoin processing).

Liberty Reserve and EgoPay payment options have just been added to BIPS. Both can be used to buy and sell Bitcoins faster and more conveniently. It also means less bank fees and shorter waiting periods for many international customers.

Canadian BIPS customers also woke up to a surprise today; Free direct deposits when receiving $100 or more. Business and personal customers alike are eligible to take advantage of this offer and to help put an end to merchant fees. 

BIPS empowers even the smallest merchant to securely accept payments for their products and services anywhere in the world – for free. This includes our new Liberty Reserve and EgoPay options which are provided at no additional costs. In doing so, BIPS helps to unlock the full potential of Bitcoin. BIPS is committed to ending merchant processing fees to help your business succeed.

I recommend changing this misleading and slanderous title of this thread immediately. You lost your password plain and simple. Calling it a scam is sensationalist and outright false. We are the same people who brought you WalletBit and are not going anywhere.

This simple visual step by step guide will show you how to send Bitcoins using BIPS on any iOS enabled device. BIPS is designed to work with every iOS browser and does not require any custom software to operate on your mobile device. While no special software is required we have created a simple code to enable seamless integration with your browser. This code is custom for each user and can be found when logged into your account at https://bips.me/send/howto.


Step 1 – Find a QR Code to Scan (BIPS free merchant checkout featured)


Step 2 – Press 'Send Bitcoin' if you have added our Send Bitcoin code to your favorites bar


Step 3 – Press camera icon and select 'Take a Photo or Video'


Step 4 – Scan QR code in app

Step 5 -  Press the 'Send Bitcoin' button in Step 3


*Similar functionality is available using Opera and Firefox on Android devices. BIPS is designed to work with any device.

Recently I performed a phone interview with gold blogging website Cliff Kule.

http://www.cliffkule.com/2013/04/kule-interview-bitcoin-adam-harding.html

Direct link to audio file - http://kuleservices.com/blog/wp-content/uploads/2013/04/harding.final_.mp3




Support us on Reddit - http://redd.it/1cpopw

BIPS does not currently let the user select a network fee for simplicity. This option is still available at WalletBit but we thought it might be confusing for new users at BIPS.