Topic: BTC-E: Ethereum Classic = scam. We lost your ETC and we are not paying you back. (Read 545 times)
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July 29, 2016, 04:10:42 AM
another scenario from the dev, i am waiting for the next news from dev and i hope this will be a good news. and for BTC-e, its the worst think that they ever do with their site.
July 29, 2016, 02:08:05 AM
man, what a clusterfuck this all is.
was this type of scenario foreseen? i assume at least a few people must've guessed the original chain might stay alive for a while longer at least.
considering how massive eth volumes were, and now etc, if i was running an exchange there's no way i could afford to compensate people for stuff that's vaporised.
was this type of scenario foreseen? i assume at least a few people must've guessed the original chain might stay alive for a while longer at least.
considering how massive eth volumes were, and now etc, if i was running an exchange there's no way i could afford to compensate people for stuff that's vaporised.
It was foreseen, particularly by vocal opponents in the BTC community. It was also foreseen by ETH devs, who discussed the possibility of replay attacks well before the fork.
Stupidly enough, they could have included an easy fix with their hard fork, slightly changing TX IDs to prevent the exploit. Unfortunately, they were too brazen in assuming that the original blockchain would die and didn't even bother. They then had the audacity to suggest that the ETC community has the responsibility to hard fork now. LOL!
Idiots can't secure their own fork; they put all the blame for ETC surviving on "BTC maximalists who want ETH to die"; and they put the burden on ETC to hard fork (why would ETC hard fork? Fix your own fork, ETHtards).
And according to Charlie Lee, ETH Foundation actively told exchanges to ignore ETC, ignore the prospect of replay attacks entirely, and just plan on the fork succeeding. Idiots!
And Coinbase and BTC-E are idiots for listening to them. The exchanges serve their customers -- what the fuck are they doing trusting these idiot developers on a contentious hard fork?
Just split the ether per chain post-fork! People were talking about how to avoid replay attacks before and immediately after the fork. That exchanges did not protect themselves is just pathetic.
And that some are turning around and stealing from their customers to cover their own lack of foresight? So sad, this. I really had a lot of respect for BTC-E. They were my favorite exchange. Coinbase was always scum -- would never use them. BTC-E though.... this sucks.
July 28, 2016, 11:34:27 PM
I am quite amazed that large exchangers like coinbase and BTC-E doesn't secure their ETC funds or neither take action to stop ethereum withdrawl to secure those pre-fork ETH they have.
And what you think will be next exchanger that haven't secured their ETC funds ?
First coinbase and than BTC-E got drained now which will be next .....
And what you think will be next exchanger that haven't secured their ETC funds ?
First coinbase and than BTC-E got drained now which will be next .....
July 28, 2016, 04:04:14 PM
man, what a clusterfuck this all is.
was this type of scenario foreseen? i assume at least a few people must've guessed the original chain might stay alive for a while longer at least.
considering how massive eth volumes were, and now etc, if i was running an exchange there's no way i could afford to compensate people for stuff that's vaporised.
was this type of scenario foreseen? i assume at least a few people must've guessed the original chain might stay alive for a while longer at least.
considering how massive eth volumes were, and now etc, if i was running an exchange there's no way i could afford to compensate people for stuff that's vaporised.
July 28, 2016, 02:20:21 PM
https://btc-e.com/news/230
Very, very disappointing. They didn't secure their ETC post-fork and lost most of it. And they are refusing to compensate users who held ETH on their exchange pre-fork (therefore should be credited ETC post-fork).
Exchanges really showing their true colors here. BTC-E and Coinbase: Screw you.
Quote
Dear Clients!
BTC-e’s official standpoint on this issue is as follows: Ethereum Classic in the current circumstances is a scam. The Ethereum community decided to implement the hardfork in order to switch to the new chain. All major pools and exchanges (including BTC-e) did exactly that.
On the second day after the start of ETC trading BTC-e received a notification from Poloniex, saying that we need to secure the ETCs in our ETH wallet. At the time of notification, most of these coins have already been sent to Poloniex by our users. So there were almost none of these coins in our wallet.
We continue to receive requests from our customers demanding to return the ETCs that are supposedly deposited in our ETH wallet. We cannot do that for the reason specified above.
Anyone, who purports that we sent the coins to Poloniex in order to sell them, can check all the transactions on blockchain. All transactions are recorded and it is easy to trace the sender and the volumes of coins sent.
Best Regards,
BTC-e Team
BTC-e’s official standpoint on this issue is as follows: Ethereum Classic in the current circumstances is a scam. The Ethereum community decided to implement the hardfork in order to switch to the new chain. All major pools and exchanges (including BTC-e) did exactly that.
On the second day after the start of ETC trading BTC-e received a notification from Poloniex, saying that we need to secure the ETCs in our ETH wallet. At the time of notification, most of these coins have already been sent to Poloniex by our users. So there were almost none of these coins in our wallet.
We continue to receive requests from our customers demanding to return the ETCs that are supposedly deposited in our ETH wallet. We cannot do that for the reason specified above.
Anyone, who purports that we sent the coins to Poloniex in order to sell them, can check all the transactions on blockchain. All transactions are recorded and it is easy to trace the sender and the volumes of coins sent.
Best Regards,
BTC-e Team
Very, very disappointing. They didn't secure their ETC post-fork and lost most of it. And they are refusing to compensate users who held ETH on their exchange pre-fork (therefore should be credited ETC post-fork).
Exchanges really showing their true colors here. BTC-E and Coinbase: Screw you.
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