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Topic: Bitstamp issues statement and temporarily suspends service - page 5. (Read 8058 times)

legendary
Activity: 1778
Merit: 1043
#Free market
...
Very interesting address. Specially the very high fees payed for ultra fast confirmations.


It is not true , with 1btc you have the same time/chance to receive confirm (include in a block) as 0.0004 btc . It's a question of lucky ....
legendary
Activity: 1470
Merit: 1004
ask the money back from Bitstamp.
Almost all their BTC should be backed by real money (USD or EURO). these money are into their bank account.

they "lose" the BTC but the real money will remain to them if you will accept the "loss".
So, ask your money back by bank wire asap. Their bank will froze the account shortly.
hero member
Activity: 784
Merit: 500
we are talking about 14% of their coins lost ? pffff... Smiley
a lot of money lost. millions !

Where do you see 14% of their total coins is lost?

I think they just lost a few hundred coins max.

http://www.reddit.com/r/Bitcoin/comments/2re2pw/18864_coins_stolen_from_stamp_that_doesnt_look/

this sucks.

Very interesting address. Specially the very high fees payed for ultra fast confirmations.


Could just they made proof of reservers, like signing the twit with some cold storage addresses ?
hero member
Activity: 784
Merit: 500
lololol

Here we go again...another service bites the dust...mt gox part 2379248723897234879234. This shit will never end until it takes bitcoin down with it.  Unbelievable.

Im thinking they currently just have a technical issue, im not using them or have any money in there but its doesnt look like a gox situation.

The fact of the matter is...regardless how 'bad' this situation really is...it shows that bitcoin money is safe nowhere.  Exchanges can basically take your money and run at any instant and claim they were hacked...with no repurcussions or explicit proof.  If that isn't enough to scare away any potential future adopters, I don't know what is.

Having lost various amounts at cryptorush and coinex...hearing stories like this don't even phase me...it's just another broken record that you basically expect.

Addtionally...anyone ever notice how these exchanges just so happen to conveniently go bust right when bitcoin is experiencing huge price volatility (either good or bad).  It's like the scammers don't even really care about hiding their motives anymore, because they know they can get away scotch free.

Most businesses who stole money are gone to have or are already having legal charges. Is not so easy.
hero member
Activity: 714
Merit: 500
how did you calculate this "small" balance? it's around of 5 MIL USD.

How much does have Bitstamp? 50 MIL? Let's get real. Smiley

Even so, Bitstamp MUST have these money in bank, right? I think most of these money came from bank deposits.

I meant the balance in https://blockchain.info/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew is very small and we don't need to care about it.
legendary
Activity: 1470
Merit: 1004
how did you calculate this "small" balance? it's around of 5 MIL USD.

How much does have Bitstamp? 50 MIL? Let's get real. Smiley

Even so, Bitstamp MUST have these money in bank, right? I think most of these money came from bank deposits.
hero member
Activity: 714
Merit: 500

Here is the main cold wallet of Bitstamp: https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa

From the earliest transaction of the address: https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

the source addresses and destination address are all cold wallets of Bitstamp.  The total amount of these cold wallets are about 200K.

The 18k BTC lost is about 10% of total reserve of Bitstamp.

So is this the hot wallet then?: https://blockchain.info/nl/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew


Just don't care about it as there is only very small balance.
hero member
Activity: 714
Merit: 500
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

Here is the main cold wallet of Bitstamp: https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa

From the earliest transaction of the address: https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

the source addresses and destination address are all cold wallets of Bitstamp.  The total amount of these cold wallets are about 200K.

The 18k BTC lost is about 10% of total reserve of Bitstamp.

it is NOT Bitstamp reserve. it's the CLIENT's money.

My mistake, so Bitstamp lost about 10% of client's BTC.
member
Activity: 62
Merit: 10

Here is the main cold wallet of Bitstamp: https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa

From the earliest transaction of the address: https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

the source addresses and destination address are all cold wallets of Bitstamp.  The total amount of these cold wallets are about 200K.

The 18k BTC lost is about 10% of total reserve of Bitstamp.

So is this the hot wallet then?: https://blockchain.info/nl/address/1Drt3c8pSdrkyjuBiwVcSSixZwQtMZ3Tew
legendary
Activity: 1470
Merit: 1004
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

Here is the main cold wallet of Bitstamp: https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa

From the earliest transaction of the address: https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

the source addresses and destination address are all cold wallets of Bitstamp.  The total amount of these cold wallets are about 200K.

The 18k BTC lost is about 10% of total reserve of Bitstamp.

it is NOT Bitstamp reserve. it's the CLIENT's money.
hero member
Activity: 714
Merit: 500
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

Here is the main cold wallet of Bitstamp: https://blockchain.info/address/1JoktQJhCzuCQkt3GnQ8Xddcq4mUgNyXEa

From the earliest transaction of the address: https://blockchain.info/tx/8f1d3a8ef6b2d4a25d2f499279e01518b4770819ccbc39a765c4c326170c61b3

the source addresses and destination address are all cold wallets of Bitstamp.  The total amount of these cold wallets are about 200K.

The 18k BTC lost is about 10% of total reserve of Bitstamp.
full member
Activity: 183
Merit: 100
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

I bet this is Bitstamp themselves making some tricky maneuvers.

Sooo, create a panic sell and snap up BTC when the price drops and then pay out their depositors with cheaper BTC and pocket the difference? Gee, why would anybody do a thing like that??

You'd go ask MtGox. Hope they are OK, though.
legendary
Activity: 1470
Merit: 1004
it is very curious that the Bitcoin price didn't fall YET.

normally, any real "stock" market would have reacted until now. the "players" would have sold...I think Bitcoin foundation is not strange of this.
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

I bet this is Bitstamp themselves making some tricky maneuvers.

Sooo, create a panic sell and snap up BTC when the price drops and then pay out their depositors with cheaper BTC and pocket the difference? Gee, why would anybody do a thing like that??
full member
Activity: 183
Merit: 100
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!

I bet this is Bitstamp themselves making some tricky maneuvers.
legendary
Activity: 1470
Merit: 1004
Bitstamp lost 18K BTC. https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf


sell your Bitcoin. the price will go DOWN ......!!!!
sr. member
Activity: 406
Merit: 260
The Scamcoats are coming!
Are the unusually high amount of Ophans in the last day related to this somehow? 3 of them on Ghash alone.
legendary
Activity: 2436
Merit: 1561
It is still out.!! No idea how long it's going to take.!! this sucks.!! I personally dont think it is a similar situation to mt.gox..! but anyways they should sort it out soon.!

That may not happen today, we're not talking about some minor bug here. They need to properly investigate the issue prior to re-opening.

Quote
Thank you all for your patience, we are working diligently to restore service and hope to have an ETA later today.
https://twitter.com/nejc_kodric/status/552090819659071488
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