Topic: [Bitfinex Hacked] So , learned the lesson ? - page 9. (Read 10601 times)
No lesson learn from this for people will continue to use exchanges and store most if not all there coins in their exchange wallets. So this will happen again and again and again. That is the way human nature is. It is just a never ending cycle of insanity as this is what the definition of it is. Repeating the same mistake over and over again expecting a different result.
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.
I agree that people should not make exchanges / trading platform as their personal wallet. Lots of things like this happen. We can't blame those who are trading or have sell wall on the exchange. Sadly we cannot tell which exchange/trading platform will be next.
Isn't coinbase insured, for a situation like this? If so I'd never use a exchange that isn't insured.
Bitfinex lost 120, 000 bitcoins. Even if it is only 1% of their net worth, they will feel the lose in profit - everybody involved will feel it.
Anyone know what percentage of the total bitcoins Bitfinex had were stolen? I know they stole 119,000 and this sounds like a HUGE amount to me...I'm guessing it may represent over 90% of all bitcoins Bitfinex had but maybe I'm wrong. Does any know the actual percentage?
i doubt that 90 per cent of the coins were stolen though i dont know the exact number, i hope tat you were wrong because if not then the users are screwedaprox 1%
Anyone know what percentage of the total bitcoins Bitfinex had were stolen? I know they stole 119,000 and this sounds like a HUGE amount to me...I'm guessing it may represent over 90% of all bitcoins Bitfinex had but maybe I'm wrong. Does any know the actual percentage?
i doubt that 90 per cent of the coins were stolen though i dont know the exact number, i hope tat you were wrong because if not then the users are screwed
Anyone know what percentage of the total bitcoins Bitfinex had were stolen? I know they stole 119,000 and this sounds like a HUGE amount to me...I'm guessing it may represent over 90% of all bitcoins Bitfinex had but maybe I'm wrong. Does any know the actual percentage?
Not enjoying reading some posters criticising & blaming Bitfinex users for losing their coins. Bitfinex are the ones to blame here.
How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
of course only the exchange should be blamed, people didnt know that their funds will be just stolen, i hope all the money will be refunded to people as soon as possibleHow are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
Taking a loan without a license, an illegal exchange!
How did people even trust this site? I have never heard of it until it went a massive topic about the hack.
very good point. I said that since months ago. Bitfinex and most of other exchangers are ILLEGAL. They are not licensed, they are outlaw !
https://bitcointalksearch.org/topic/m.15793815
it's so hard to accept that there are SO many brain washed persons who can use a such companies with LARGE amount(millions).
now, they are starting to complain...but they ignored all the warnings long time before this shit.
mark my words, BTC-e and Kraken are next. Both are unlicensed(uninsured). do you think people will avoid them? no. they will continue to use their service till the day(soon) their websites will announce "we are hacked"
I have quite a bit stored in my magnr savings wallet (It's supposed to be a cold wallet, so it should be relatively safe), is this a problem? How can I find out if they're licensed/insured?
The funny thing is that online exchanges always state that it is not an online wallet, but only a exchange to store a very low quantity of cash in there. And everyone should know, based on the Bitcoin exchange hacking history. Just to mention a recent one, Cryptsy.
I would never store a high quantity of Bitcoins online, not only because of hackers, but also because I won't be covered if that happens. If someone hacks my PayPal account, I can make a call to Paypal and recover the funds. With Bitcoin is a more secure way to buy/sell products, but also dangerous to protect on a hot-wallet.
I would never store a high quantity of Bitcoins online, not only because of hackers, but also because I won't be covered if that happens. If someone hacks my PayPal account, I can make a call to Paypal and recover the funds. With Bitcoin is a more secure way to buy/sell products, but also dangerous to protect on a hot-wallet.
Not enjoying reading some posters criticising & blaming Bitfinex users for losing their coins. Bitfinex are the ones to blame here.
How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
of course only the exchange should be blamed, people didnt know that their funds will be just stolen, i hope all the money will be refunded to people as soon as possibleHow are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
Taking a loan without a license, an illegal exchange!
How did people even trust this site? I have never heard of it until it went a massive topic about the hack.
very good point. I said that since months ago. Bitfinex and most of other exchangers are ILLEGAL. They are not licensed, they are outlaw !
https://bitcointalksearch.org/topic/m.15793815
it's so hard to accept that there are SO many brain washed persons who can use a such companies with LARGE amount(millions).
now, they are starting to complain...but they ignored all the warnings long time before this shit.
mark my words, BTC-e and Kraken are next. Both are unlicensed(uninsured). do you think people will avoid them? no. they will continue to use their service till the day(soon) their websites will announce "we are hacked"
Well, everybody had their decision. Bad luck if your fund was stolen, you may put your money/btc in some wallet and not too much in trading exchange. That hacker made the price of btc continues decline. 
Not enjoying reading some posters criticising & blaming Bitfinex users for losing their coins. Bitfinex are the ones to blame here.
How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
of course only the exchange should be blamed, people didnt know that their funds will be just stolen, i hope all the money will be refunded to people as soon as possibleHow are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
Taking a loan without a license, an illegal exchange!
How did people even trust this site? I have never heard of it until it went a massive topic about the hack.
I like how OP started "Once Again..." I don't believe that people learned their lesson, I see how bad things are repeating, not just with exchangers, with cloud mining services also. And when I open my Facebook I see like million new posts about new services and sites for doubling bitcoins.
I think people will never learn, and this is not case just with bitcoins. All this schemes existed before, and scammers did all this before with dollars, euros ..and other currencies. Now they are doing that with bitcoins, even easier for them, they don't see anyone faces, they hide easier.
I think people will never learn, and this is not case just with bitcoins. All this schemes existed before, and scammers did all this before with dollars, euros ..and other currencies. Now they are doing that with bitcoins, even easier for them, they don't see anyone faces, they hide easier.
In the future, refuse exchanges that doesn't PROVE it has 95%+ customer funds in cold storage.
Well that sure is going to be tricky. As a service provider, you'd have to prove that the keys to the funds are not stored on any online system, however you can't prove that something is not happening.
It's called 3rd party audit.
That is only a proof if you trust the auditor. Granted, it's a step forward but still.
Not enjoying reading some posters criticising & blaming Bitfinex users for losing their coins. Bitfinex are the ones to blame here.
How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
of course only the exchange should be blamed, people didnt know that their funds will be just stolen, i hope all the money will be refunded to people as soon as possibleHow are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
Thank God I was not using that site in trading. Yeah, they should return the funds of the people. The hacking of the site is not a valid reason for the people to loose their money without a refund. It is their responsibility to take care of those since traders pays fees to make their transactions safer. Yeah, Inside job may be one of the reason. I hope your funds will be returned guys. Good Luck
Not enjoying reading some posters criticising & blaming Bitfinex users for losing their coins. Bitfinex are the ones to blame here.
How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
of course only the exchange should be blamed, people didnt know that their funds will be just stolen, i hope all the money will be refunded to people as soon as possible How are people supposed to sell coins if they don't, at some point, have their coins on an exchange.
It's a shitty thing to happen & unfortunately people have got burnt. I wouldn't be surprised if it was an inside job tbh.
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 didn't have any coins there, but blaming people who did is not just short sighted, it's also stupid and against your own interests.
If places like this didn't exist, BTC would have very little value, a currency that cant be traded is not a currency, or a store of value. Things like this are bad for BTC, and telling people not to have coins on exchanges is the same as saying the whole BTC ecosystem is not to be trusted.
If places like this didn't exist, BTC would have very little value, a currency that cant be traded is not a currency, or a store of value. Things like this are bad for BTC, and telling people not to have coins on exchanges is the same as saying the whole BTC ecosystem is not to be trusted.
Actually i have learned lesson before also to diversify my bitcoin storage so i haven't kept all in one exchanger or wallet and at the situation when bitfinex got hacked i haven't any bitcoin there so no any direct loss of bitcoin for me however with the price total value of my bitcoin got down.
Currently i have only 20% of my bitcoin in total in all exchangers.
yeah while I am out some coins it is only about 15% of my total amount of coins.Currently i have only 20% of my bitcoin in total in all exchangers.
Frankly this looks to be an inside job in my opinion.
If me a guy with 6 to 7 thousand of usd in coins knows to have 6 wallets that I control and 4 or 5 hot wallets why don't they do the same.?
people who too lazy to move their funds to their own wallet should be considered as lazy ass
How else are you going to exchange btc, if not on an exchange?
I don't think he understands how orders work or how people can trade.
People don't always trade at the market price, and funds must be available for limit orders.
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