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Topic: [ANN][Exchange] Bter.com [Android App] [Deposit BTSX Now!][Tweets by @btercom] - page 3. (Read 73607 times)

hero member
Activity: 896
Merit: 502
They have disabled btc withdrawal again and cancelled my withdrawal request   Shocked Shocked Shocked

So I exchanged it into Doge and send that to an other exchange.
Is that possible? I mean what is the point of not being able to withdraw if that method is working. We can all just exchange it to some coin and send that to some wallet or even another exchange or even our own wallets and just exchange that to bitcoin back again, which is basically saying we can withdraw btc but with a different and harder way.
legendary
Activity: 1672
Merit: 1010
Unlikely to be a suprise to anyone but BTER has appears to have chosen to be a full scam now with a plan to legitimize the theft of BTC owed to their users.  They admit they are unable to cover their losses from being hacked 2 years and will issue worthless BTRX tokens in their exchange like bitfinex did to try to bail themselves out. They will not even credit users tokens to the current value of BTC, instead using the value of BTC at the time of the hack which is alot less and complete insult after depriving their users of their BTC for over 2 years now.  Angry



BTC-B’ Reimbursement and Buyback Plan

2017-03-26 14:50:36    Author: BTER    Category:    Tags:BTC,ETH,DASH,ETC,LTC  

7170 BTC was hacked from Bter on Feb 14 2015 (
https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6) and we probed and tracked the stolen BTC flowing into a dark network BitcoinFog. A reward of 700 BTC was offered for recovery the stolen BTC and the bounty is still valid today.
In March, 2015, when Bter re-opened, the stolen BTC was recorded as BTC-B in affected users’ accounts; Bter began to reimburse and have repaid 10% of the stolen BTC.
However, as BTC’s price surges, Bter cannot afford to repay the BTC_B.
To continue the reimbursement and allow the affected users to receive their assets sooner, Bter has consulted lawyers and  decided to start a new reimbursement plan referring to that of BitFinex- which was stolen of 120, 000 BTC in 2016 and has solved the problem satisfactorily.
The new reimbursement plan is as follows:
1) BTC-B in the affected users’ accounts  is converted to  BTRX  tokens at the price of BTC in CNY  when it was stolen
2) Open BTRX market so that users can exchange BTRX freely.
3) Bter will buy back BTRX  monthly at the price of 1CNY/BTRX
4) BTRX  holders receive 10% of Bter’s profit every month (Profit is distributed in CNY )

Bter will release the details of buyback every month and complete the buyback as soon as possible

The BTRX trade is going to open a week later, that is April 2, 2017.

Once the stolen BTC is recovered, Bter will repay immediately.
We are appreciated if any analyst or expert in Blockchain technology is going to work with us to recover the stolen asset.

Thank you for your understanding and support
Bter
March 26, 2017

They are also in bed with the QTUM scam, another grab for money by the scammer now known as "Patrick Dai" who they also helped scam with Bitbay ICO -
Patrick Dai, the founder of Qtum, has admitted to using another name and running another cryptocurrency before Qtum. He left the currency after it faced controversy involving himself and did not reveal his past to potential investors. He admitted to his past after being confronted with irrefutable evidence.
hero member
Activity: 1372
Merit: 512
They have disabled btc withdrawal again and cancelled my withdrawal request   Shocked Shocked Shocked

So I exchanged it into Doge and send that to an other exchange.
hero member
Activity: 762
Merit: 500
Ok, it doesn't look good, even yunbi announced the btc withdrawal suspension as well:

https://twitter.com/cnLedger
hero member
Activity: 762
Merit: 500
They have disabled btc withdrawal again and cancelled my withdrawal request   Shocked Shocked Shocked
full member
Activity: 177
Merit: 100
lets hook him to FTC before everything go hell.
legendary
Activity: 3038
Merit: 1024
Leading Crypto Sports Betting & Casino Platform
I had two withdraws which were stuck. I got trough and the other is still not even pending? Guess it was the last time i used this exchange.
I also have some of the transaction get stuck since a long time ago, but I don't wish it will get return because it will never get return. I have heard some rumours if bter already become a scam site since a long time ago.
hero member
Activity: 1372
Merit: 512
I had two withdraws which were stuck. I got trough and the other is still not even pending? Guess it was the last time i used this exchange.
hero member
Activity: 595
Merit: 500
non può fare dump per sempre
they still keep saying that they're going to return them?

sry, buy You can bet your life on it
legendary
Activity: 1806
Merit: 1001
It's been two years now. Did they actually return any so called stolen BTC or they still keep saying that they're going to return them?
legendary
Activity: 1162
Merit: 1011
I just asked to Bter support what is the status of my missing funds.

This is their poor response:

Quote
bter Support (bter)

Feb 7, 10:10 CST

BTC-B is the record of BTC we still owe you due to the hacking.

We have decided to repay the user the stolen BTC with the fund from our profit gradually.
As we have more BTC, we will repay you the next batch of BTC.

Thank you for your patience.
hero member
Activity: 714
Merit: 503
Just to let you my first experience with bter maybe can be useful for someone (I searched some feedback too and I didn't find anything recent).

I registered on it in the middle of december to buy HKG.

I bought them, submitted a cashout request and after like 1 month it was processed. (I can't lie, I was surprised)

I think you have just to wait.


Btw it's too risky for me. I will not use it anymore.


Sorry for my english.

they will process for small amount...if you try for bigger amount they will scam you

Go to hell bter...we dont need your shift scam site
newbie
Activity: 5
Merit: 0
Just to let you my first experience with bter maybe can be useful for someone (I searched some feedback too and I didn't find anything recent).

I registered on it in the middle of december to buy HKG.

I bought them, submitted a cashout request and after like 1 month it was processed. (I can't lie, I was surprised)

I think you have just to wait.


Btw it's too risky for me. I will not use it anymore.


Sorry for my english.
hero member
Activity: 714
Merit: 503
Beware of this exchange..As people are not getting back their money
member
Activity: 67
Merit: 10
has bter finally  started to withdraw it's users money ? I remember there was a problem with that...
full member
Activity: 238
Merit: 100
MERCATOX
Bter.com has the highest bitcoin withdrawal fee I've ever seen - 0.0006btc!
So I decided to keep away from the exchange.
hero member
Activity: 714
Merit: 503
thanks... i will check bter.com in my life...dont want to fall in trap

 i will never check bter.com in my life
hero member
Activity: 714
Merit: 503
thanks... i will check bter.com in my life...dont want to fall in trap
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