Technically this guy was right. He could hack any IP address and gain access to the hard drive.

• Hacker picks fight with chat moderator, demands his IP address.

• Moderator send hacker an IP address.

• Hacker gains access to hard drive and starts deleting files.

• Hacker realizes too late that 127.0.0.1 is his own IP address.

The money quote:

Finally the hacker declared success."I can see your E: drive disappearing, he gloated, "D: is down 45 percent!" he cried, before disappearing into the ether

Actually, the original translation is much much funnier than the article. The guy first tries turning off the machine remotely a few times and then bitches that his own computer keeps restarting. Next he tries deleting files, and then gloats as each drive is erased. G: gone.. then F:, then E:, then D:. About halfway through deleting his own C-drive, the connection drops.