Topic: [Bitfinex Hacked] So , learned the lesson ? - page 7. (Read 10601 times)
i am not a trader and yet i do not trade my coins in any exchange but sometimes i trafer some coins in them just for educational purpose i just try to learn trading myself but after seing theis inncident traders will take much precautions.and by the way its there wapsite which i think first got hacked after that their wallet
Once again , Bitfinex has been hacked and I just want to ask you people , have you learned the lesson yet ? I assume not otherwise you wouldn't keep your funds in an exchange (I'm not speaking with those who kept their bitcoin for short period of time , those accidents happens but I'm mostly speaking for those who had their bitcoins laying there for weeks/months)
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
the real issues with BitGo and BitFinex is that they lied about the security they have in place but in the end nothing was secured.
for some buiness cases you must have a large amount of money sitting on an exchanger, e.g. for margin lending if you want to earn significant interests.
so please if you don't understand the business step back and shut up.
Shapeshift was hacked as well and based on what we were told it was an inside job. Nothing is 100% secure. Shapeshift covered for the loss in full themselves while Bitfinex seems unable to do so.
because 120k bitcoins is too much and a explanation of how a theft on a 2-of-3 multisig can happen is outstanding.
Once again , Bitfinex has been hacked and I just want to ask you people , have you learned the lesson yet ? I assume not otherwise you wouldn't keep your funds in an exchange (I'm not speaking with those who kept their bitcoin for short period of time , those accidents happens but I'm mostly speaking for those who had their bitcoins laying there for weeks/months)
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
the real issues with BitGo and BitFinex is that they lied about the security they have in place but in the end nothing was secured.
for some buiness cases you must have a large amount of money sitting on an exchanger, e.g. for margin lending if you want to earn significant interests.
so please if you don't understand the business step back and shut up.
Shapeshift was hacked as well and based on what we were told it was an inside job. Nothing is 100% secure. Shapeshift covered for the loss in full themselves while Bitfinex seems unable to do so.
It seems the exchange will reopen but customers stand to lose some of their BTC.
It would be better for Bitfinex to perish in flames and pay off every user who lost BTC because of their incompetency.Than reopen and continue their pitiful service with reputation tarnished like that is risky. Would people actually gonna return and use their services?
But again, I guess it is still better than Mt. Gox style bankruptcy...
even if bitfinex returns as a "better" exchange, people will do everything to avoid it. no one serious will keep using an exchange runned by incompetent rookies. traders will move to bitstamp or kraken.
even if bitfinex returns as a "better" exchange, people will do everything to avoid it. no one serious will keep using an exchange runned by incompetent rookies. traders will move to bitstamp or kraken.
Sadly I don't think this is the case. People are too addicted to margin trading and liquidity. Greed rules all even when it's interspersed with being raped as well. I hope they dwindle to nothing but I'm not holding my breath.
Once again , Bitfinex has been hacked and I just want to ask you people , have you learned the lesson yet ? I assume not otherwise you wouldn't keep your funds in an exchange (I'm not speaking with those who kept their bitcoin for short period of time , those accidents happens but I'm mostly speaking for those who had their bitcoins laying there for weeks/months)
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
I'm not trying to be rude or anything but for the last time , please ... please ! Just withdraw your funds from exchanges . I'm not sure what you got to lose here , this procedure will only secure your coins and make you safer.
the real issues with BitGo and BitFinex is that they lied about the security they have in place but in the end nothing was secured.
for some buiness cases you must have a large amount of money sitting on an exchanger, e.g. for margin lending if you want to earn significant interests.
so please if you don't understand the business step back and shut up.
It seems the exchange will reopen but customers stand to lose some of their BTC.
It would be better for Bitfinex to perish in flames and pay off every user who lost BTC because of their incompetency.Than reopen and continue their pitiful service with reputation tarnished like that is risky. Would people actually gonna return and use their services?
But again, I guess it is still better than Mt. Gox style bankruptcy...
even if bitfinex returns as a "better" exchange, people will do everything to avoid it. no one serious will keep using an exchange runned by incompetent rookies. traders will move to bitstamp or kraken.
It seems the exchange will reopen but customers stand to lose some of their BTC.
It would be better for Bitfinex to perish in flames and pay off every user who lost BTC because of their incompetency.Than reopen and continue their pitiful service with reputation tarnished like that is risky. Would people actually gonna return and use their services?
But again, I guess it is still better than Mt. Gox style bankruptcy...
Is it really worth the risk to profit to trade on an exchange that may steal your cryptocurrency?
Most of us can keep our cryptocurrency safe and an exchange with Bitgo cannot?
Surprise, Surprise more people lost cryptocurrency with provider fraud.
So yea, keep your cryptocurrency on an exchange.
Help clean up cryptocurrency, please do not feed the fraudsters.
Most of us can keep our cryptocurrency safe and an exchange with Bitgo cannot?
Surprise, Surprise more people lost cryptocurrency with provider fraud.
So yea, keep your cryptocurrency on an exchange.
Help clean up cryptocurrency, please do not feed the fraudsters.
It seems the exchange will reopen but customers stand to lose some of their BTC.
You can't keep telling people to not store BTC in exchanges. If you are a trader you NEED BTC disposable in the exchange to act fast, otherwise how are you supposed to trade?
We need decentralized exchanges so the guy running the exchange doesn't own all the BTC from everyone. Bitsquare type of exchange is not a solution, that is a marketplace and not an exchange.
We need decentralized exchanges so the guy running the exchange doesn't own all the BTC from everyone. Bitsquare type of exchange is not a solution, that is a marketplace and not an exchange.
Of course, keeping the coins at the exchanges is a very risky thing.
But a trader has to have the ability to react fast on the market. Especially here with crypto coins.
If he gets his deposits after half an hour or even later, the chance of trading successfully is often gone.
It's kind of a dilemma I think.
But a trader has to have the ability to react fast on the market. Especially here with crypto coins.
If he gets his deposits after half an hour or even later, the chance of trading successfully is often gone.
It's kind of a dilemma I think.
When I was still new with bitcoin, I didn't really care much about security. After a while doing lots of reading and research, I realized that I had to start using different wallets and not be so confident with my local exchange. Since then, I would only place a small amount in my exchange to pay for small stuff like bills and load credits.
I have never used exchange site to store any big amount of bitcoin.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
trader always save more money in the exchanger, including me, because it's very important.
but after some problems about hackers, maybe I would reduce funds for trading.
I have never used exchange site to store any big amount of bitcoin.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
I dont really get that paper wallet thing. When you acquire it how can I use it? What if our country doesnt accept that kind of thing. Then it will be just a paper with bitcoin in it?
Paper wallet is nothing more than a piece of paper containing the private key to a certain wallet address. This is basically the ultimate form of offline storage when it comes to Bitcoin. You can create a paper wallet here : bitaddress.org that you can print out.
I have never used exchange site to store any big amount of bitcoin.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
I dont really get that paper wallet thing. When you acquire it how can I use it? What if our country doesnt accept that kind of thing. Then it will be just a paper with bitcoin in it?
Anyone got finexxed here?
Nope not here i didn't get Goxxed either thank god, most of my heavy losses were in mining scams though lol
The Cloud mining schemes do not have to run off with your money. You will not ROI as designed by sites.
Anyone got finexxed here?
Nope not here i didn't get Goxxed either thank god, most of my heavy losses were in mining scams though lol
I have never used exchange site to store any big amount of bitcoin.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
trader always save more money in the exchanger, including me, because it's very important.
but after some problems about hackers, maybe I would reduce funds for trading.
I have never used exchange site to store any big amount of bitcoin.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
And few months ago I stopped using blockchain.info too and changed to desktop wallet.
And I have always kept most of my bitcoins in paper wallet.
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