BTC-e hacked ?? - page 32. | Bitcointalksearch.org

cryptomole

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Quote from: xtimus on August 29, 2017, 03:17:40 AM

The only unfair thing now I see is people who were in fiat at the time but shouldn't have traded to fiat to begin with. Always believe in BTC.

I dont understand your point??
What do you mean they shouldnt have traded to fiat to begin with. Always believe in BTC.
If you dont use an exchange to trade then you shouldnt have even had your coin there in the first place!

People who were in fiat at the time were in fiat because they were probably half way through a short trade.
Given slightly different timing we would have been back in coin and better off than people who hadnt done the trade in the beggining.

xtimus

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I was thinking today how it would be unfair if they only issued token for USD value for the 45% as the money will be frozen and unable to be used to invest in something until it is back to it's current value but hearing that they are issuing individual tokens for each currency makes it perfectly fair now.

The only unfair thing now I see is people who were in fiat at the time but shouldn't have traded to fiat to begin with. Always believe in BTC.

manchester93

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Quote from: erk on August 29, 2017, 12:21:23 AM

Quote from: R2Pleasent on August 29, 2017, 12:02:57 AM

I find it very surprising as well that they are issuing tokens for each individual crypto on the exchange. It just adds so much exchange rate risk for them. I'm really confused on why they don't just convert all crypto debt to USD debt at time-of-disruption exchange rates. They'd be saving money and reducing risk. It's what Bitfinex did, albeit the exchange rates didn't fluctuate as much as in the case of BTC-e.

They most likely think that people will want to trade tokens as if they were different coins.

I think this is how it will be. The ratios between coins will reflect the other exchanges, and they believe they will generate decent fees through coin token trading.

Quote from: erk on August 29, 2017, 12:21:23 AM

Also, what happens if they decide to launch without any USD coin pairs for safety?

I sure hope they don't launch USD pairs. From reading the Russian forum, it seems like they had a lot of customers who used them strictly for fiat money (especially using BTC-e codes). It seems that this crowd does not want repayment in crypto. It seems ridiculous...how do they not understand that crypto is their best chance of salvaging funds? Hell, the only reason they could have funds left at all is because of crypto!

erk

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Quote from: R2Pleasent on August 29, 2017, 12:02:57 AM

I find it very surprising as well that they are issuing tokens for each individual crypto on the exchange. It just adds so much exchange rate risk for them. I'm really confused on why they don't just convert all crypto debt to USD debt at time-of-disruption exchange rates. They'd be saving money and reducing risk. It's what Bitfinex did, albeit the exchange rates didn't fluctuate as much as in the case of BTC-e.

They most likely think that people will want to trade tokens as if they were different coins. Also some coins have changed price dramatically since BTC-e went offline, so converting them to something like USD equiv would be unfair. It make more sense to say IOU 1BTC than it does IOU 1BTC worth of USD (you are not going to get because the fiat was seized) priced at the stale July 25th. exchange rate.

Also, what happens if they decide to launch without any USD coin pairs for safety?

R2Pleasent

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Quote from: illinest on August 28, 2017, 03:48:34 PM

Quote from: Error 522 on August 28, 2017, 07:59:14 AM

Quote from: omarabid on August 28, 2017, 07:37:10 AM

If they are back and enable withdrawals, I'll use my 55% to buy their tokens and wait for redemption.

ps: only if the token is 1/3 of its face value. I would be very happy to buy if it is below 0.33/usd

Based on similar schemes on other exchanges, what is a reasonable expectation for these tokens? 1 token= 1 dollar, or higher, or lower?

Depends on the exchange. BFX tokens traded at .20-.70 for months before they were redeemed by the exchange. In that case, the tokens were all denominated in USD and redeemed for 1 USD each by Bitfinex. BTER had a similar scheme with CNY.

It seems that the plan here is to issue tokens for each currency. That doesn't seem like an ideal plan because crypto debts could be harder to pay over time if the value continues to rise, and also because it will divide up all the liquidity into different markets.

I find it very surprising as well that they are issuing tokens for each individual crypto on the exchange. It just adds so much exchange rate risk for them. I'm really confused on why they don't just convert all crypto debt to USD debt at time-of-disruption exchange rates. They'd be saving money and reducing risk. It's what Bitfinex did, albeit the exchange rates didn't fluctuate as much as in the case of BTC-e.

I think the crypto debt tokens may be traded at a larger discount than the fiat tokens at launch, and for the short-term at least. Just because the fiat debt seems so much easier to repay. Furthermore, people who were in LTC / Eth / BTC / DASH at the time of the hack will basically be breaking even or better in terms of USD value at the time-of-disruption. Add in a token that is nominated in crypto that has risen 2x~ since the disruption even at 20% Face Value, and people in crypto walk away with ~100% of their fiat value @ time of disruption.

Example:

1 Eth balance @ disruption: ~$225 USD
0.55 Eth today: $192.50 (@ $350 Market)
0.45 Eth x 20% Face Value: 0.09 Eth, or $31.50 USD @ $350 Market
Total value: $192.50 + $31.50 = $224 USD

erk

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Quote from: omarabid on August 28, 2017, 07:37:10 AM

If they are back and enable withdrawals, I'll use my 55% to buy their tokens and wait for redemption.

ps: only if the token is 1/3 of its face value. I would be very happy to buy if it is below 0.33/usd

I bet a lot of people dump the tokens instead of waiting for redemption, that could make for some interesting bargains.

illinest

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Quote from: Error 522 on August 28, 2017, 07:59:14 AM

Quote from: omarabid on August 28, 2017, 07:37:10 AM

If they are back and enable withdrawals, I'll use my 55% to buy their tokens and wait for redemption.

ps: only if the token is 1/3 of its face value. I would be very happy to buy if it is below 0.33/usd

Based on similar schemes on other exchanges, what is a reasonable expectation for these tokens? 1 token= 1 dollar, or higher, or lower?

Depends on the exchange. BFX tokens traded at .20-.70 for months before they were redeemed by the exchange. In that case, the tokens were all denominated in USD and redeemed for 1 USD each by Bitfinex. BTER had a similar scheme with CNY.

It seems that the plan here is to issue tokens for each currency. That doesn't seem like an ideal plan because crypto debts could be harder to pay over time if the value continues to rise, and also because it will divide up all the liquidity into different markets.

mayax

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Quote from: Ntrain2k on August 28, 2017, 08:22:36 AM

Quote from: mayax on August 26, 2017, 06:15:27 AM

for those who are believing in shit exchangers like BTC-e and in their honesty, that they will give your the funds back or other sci-fi scenarios, Exmo.com= BTC-e.com LOL

The BTC-e owners are running other exchangers without problems.

Exmo.com is one of them.

EUROSTYLE ADVISOR LTD registered btc-e.nz which belongs BTC-e.com

EUROSTYLE ADVISOR LTD registered Exmo.com

btc-e.top redirects to exmo.com now. a while ago, btc-e.top was redirected to btc-e.com

in short, exmo.com = btc-e

so, dear fanatics who sustain BTC-e and their shit stories about a possible come back, stop dreaming and stop shilling. you are doing a big disservice to this e-currency called BTC.

BTC-e owners are OK and they are making money. LOL

Respectfully.... Fuck off

another sheep....

you don't want to see the real facts and that's why you deserve to lose all your funds. Grin

Ntrain2k

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Quote from: mayax on August 26, 2017, 06:15:27 AM

for those who are believing in shit exchangers like BTC-e and in their honesty, that they will give your the funds back or other sci-fi scenarios, Exmo.com= BTC-e.com LOL

The BTC-e owners are running other exchangers without problems.

Exmo.com is one of them.

EUROSTYLE ADVISOR LTD registered btc-e.nz which belongs BTC-e.com

EUROSTYLE ADVISOR LTD registered Exmo.com

btc-e.top redirects to exmo.com now. a while ago, btc-e.top was redirected to btc-e.com

in short, exmo.com = btc-e

so, dear fanatics who sustain BTC-e and their shit stories about a possible come back, stop dreaming and stop shilling. you are doing a big disservice to this e-currency called BTC.

BTC-e owners are OK and they are making money. LOL

Respectfully.... Fuck off

Error 522

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Quote from: omarabid on August 28, 2017, 07:37:10 AM

If they are back and enable withdrawals, I'll use my 55% to buy their tokens and wait for redemption.

ps: only if the token is 1/3 of its face value. I would be very happy to buy if it is below 0.33/usd

Based on similar schemes on other exchanges, what is a reasonable expectation for these tokens? 1 token= 1 dollar, or higher, or lower?

omarabid

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If they are back and enable withdrawals, I'll use my 55% to buy their tokens and wait for redemption.

ps: only if the token is 1/3 of its face value. I would be very happy to buy if it is below 0.33/usd

MAbtc

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Quote from: 1Referee on August 28, 2017, 02:16:33 AM

Quote from: daserpent on August 28, 2017, 01:20:29 AM

1 September is coming closer! Hopefully we will hear updates on 31 Aug

I am interested to see how things will be (or better said, what our balances will look like) when we get to log in for the very first time after what's happened. I made a few trades (BTC to fiat) like less than five minutes before they went down, which makes me wondering whether or not these trades will still be registered, or perhaps reversed (I hope for the latter). No matter they are dealing with the situation, I will not make use of them again. Too much has happened to be trading freely on that exchange, because with how things are, nothing prevents them from being taken down again. That being said, I think their Russian following will gladly return to that exchange again - only time will tell whether or not they have made a mistake.

It's not clear how often they dumped data from the live servers. If the trades were made less than five minutes before service went down, then I doubt they were on the backed-up database, but it's anyone's guess.

It makes sense to withdraw whatever crypto you can. But large account holders who don't want to verify will probably be forced to provide liquidity for lack of other options, and from what I can tell, their Russian-speaking traders will largely continue using their service. After the Bitfinex experience last year, I'd be willing to take a gamble trading the token markets to grind out some profits without incurring additional risk.

1Referee

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Quote from: daserpent on August 28, 2017, 01:20:29 AM

1 September is coming closer! Hopefully we will hear updates on 31 Aug

I am interested to see how things will be (or better said, what our balances will look like) when we get to log in for the very first time after what's happened. I made a few trades (BTC to fiat) like less than five minutes before they went down, which makes me wondering whether or not these trades will still be registered, or perhaps reversed (I hope for the latter). No matter they are dealing with the situation, I will not make use of them again. Too much has happened to be trading freely on that exchange, because with how things are, nothing prevents them from being taken down again. That being said, I think their Russian following will gladly return to that exchange again - only time will tell whether or not they have made a mistake.

daserpent

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1 September is coming closer! Hopefully we will hear updates on 31 Aug

Scheede

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Quote from: squatter on August 27, 2017, 02:49:12 PM

Quote from: Scheede on August 27, 2017, 02:42:21 PM

Quote from: squatter on August 27, 2017, 02:12:38 PM

Your 28 ETH from MyEtherWallet, was your wallet hacked or something? It seems that whoever was in control of your funds sent them to BTC-e as a customer deposit.

BTC-e appears to be in control of their ETH wallets (despite the FBI seizure), and they are supposedly re-launching in 4 days. But unfortunately, I don't think that will help your situation. The hacker probably just has an anonymous account on BTC-e.

Ahhh... good ankle, now I understand I think.
So the wallet my Asset(s) ended up is the wallet of BTC-e wherefrom user xy will be credited with the amount of ETH in his (probably) anonymous) BTC-e - account?! right this way?

If so: it won´t make any sense to write to BTC-e - support, does it?

Yes, the user's account would have been credited the ETH. For all we know, it was immediately withdrawn from the exchange, too. I think some users in this situation might use BTC-e to launder hacked funds, since accounts were anonymous and withdrawals instant.

It won't make any sense to write BTC-e support. Not only do they have bigger problems, but to them, you cannot prove that the funds in question belonged to you. Even if you can prove control of the private key, any number of scenarios could explain that: you could have sold them, or multiple people could have rightful access to that key. It's possible that you even sent the ETH to BTC-e and exchanged for another currency and withdrew. Undecided

Ufff...unfortunately all you said sounds reasonable... so probably I have to bury my last Satoshis of hope... thanks for enlighten me

squatter

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STOP SNITCHIN'

Quote from: Scheede on August 27, 2017, 02:42:21 PM

Quote from: squatter on August 27, 2017, 02:12:38 PM

Your 28 ETH from MyEtherWallet, was your wallet hacked or something? It seems that whoever was in control of your funds sent them to BTC-e as a customer deposit.

BTC-e appears to be in control of their ETH wallets (despite the FBI seizure), and they are supposedly re-launching in 4 days. But unfortunately, I don't think that will help your situation. The hacker probably just has an anonymous account on BTC-e.

Ahhh... good ankle, now I understand I think.
So the wallet my Asset(s) ended up is the wallet of BTC-e wherefrom user xy will be credited with the amount of ETH in his (probably) anonymous) BTC-e - account?! right this way?

If so: it won´t make any sense to write to BTC-e - support, does it?

Yes, the user's account would have been credited the ETH. For all we know, it was immediately withdrawn from the exchange, too. I think some users in this situation might use BTC-e to launder hacked funds, since accounts were anonymous and withdrawals instant.

It won't make any sense to write BTC-e support. Not only do they have bigger problems, but to them, you cannot prove that the funds in question belonged to you. Even if you can prove control of the private key, any number of scenarios could explain that: you could have sold them, or multiple people could have rightful access to that key. It's possible that you even sent the ETH to BTC-e and exchanged for another currency and withdrew. Undecided

Scheede

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Quote from: squatter on August 27, 2017, 02:12:38 PM

Quote from: Scheede on August 27, 2017, 08:24:22 AM

So can I conclude, that my assets are in the same hands as those from the BTC-e - hack?

update: I think the final destination of my funds is the same as for all those of the BTC-e - hack !?

BTC-e - wallet (I think): https://etherscan.io/address/0x91337a300e0361bddb2e377dd4e88ccb7796663d

Sent to https://etherscan.io/address/0xc40ea11924656f2a68a00280526433cff5bd0058
(https://etherscan.io/tx/0x632eecae5343f70a03e07497c6158d9900c23cd829d4b9a18d992d73c93fd833)

Sent to https://etherscan.io/address/0x41d57e163b6c64fca2cd6535fcaa199b1fedd98b
(https://etherscan.io/tx/0xe3aafb3a1b4944beb94726ca6668ab6775957d5395c417f09801719daa349d00)

--------------------------------------------------------------------------------------------------------------------------

So far so right, or?!

So this means, if - whoever - will find the BTC-e - hackers I will know who is holding my funds, too?!

Do you know anything I could do with this information?

Kind regards
Stefan

Your 28 ETH from MyEtherWallet, was your wallet hacked or something? It seems that whoever was in control of your funds sent them to BTC-e as a customer deposit.

BTC-e appears to be in control of their ETH wallets (despite the FBI seizure), and they are supposedly re-launching in 4 days. But unfortunately, I don't think that will help your situation. The hacker probably just has an anonymous account on BTC-e.

Ahhh... good ankle, now I understand I think.
So the wallet my Asset(s) ended up is the wallet of BTC-e wherefrom user xy will be credited with the amount of ETH in his (probably) anonymous) BTC-e - account?! right this way?

If so: it won´t make any sense to write to BTC-e - support, does it?

squatter

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STOP SNITCHIN'

Quote from: Scheede on August 27, 2017, 08:24:22 AM

So can I conclude, that my assets are in the same hands as those from the BTC-e - hack?

update: I think the final destination of my funds is the same as for all those of the BTC-e - hack !?

BTC-e - wallet (I think): https://etherscan.io/address/0x91337a300e0361bddb2e377dd4e88ccb7796663d

Sent to https://etherscan.io/address/0xc40ea11924656f2a68a00280526433cff5bd0058
(https://etherscan.io/tx/0x632eecae5343f70a03e07497c6158d9900c23cd829d4b9a18d992d73c93fd833)

Sent to https://etherscan.io/address/0x41d57e163b6c64fca2cd6535fcaa199b1fedd98b
(https://etherscan.io/tx/0xe3aafb3a1b4944beb94726ca6668ab6775957d5395c417f09801719daa349d00)

--------------------------------------------------------------------------------------------------------------------------

So far so right, or?!

So this means, if - whoever - will find the BTC-e - hackers I will know who is holding my funds, too?!

Do you know anything I could do with this information?

Kind regards
Stefan

Your 28 ETH from MyEtherWallet, was your wallet hacked or something? It seems that whoever was in control of your funds sent them to BTC-e as a customer deposit.

BTC-e appears to be in control of their ETH wallets (despite the FBI seizure), and they are supposedly re-launching in 4 days. But unfortunately, I don't think that will help your situation. The hacker probably just has an anonymous account on BTC-e.

Scheede

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Love is the answer

Quote from: erk on August 27, 2017, 12:14:33 PM

As there were not any BTC-e hackers since they added ETH, we can assume this entire letter is BS

Dear Erk, many thanks for your warm words... if so, probably I choose the wrong word (when it was something different than a "hack".

Alright, found out, BTC-e was taken down by FBI !?

That makes the topic even more interesting to me.

Step by step... the official BTC-e-wallet was this one: Was the official BTC-e - Wallet this one? https://etherscan.io/address/0x91337a300e0361bddb2e377dd4e88ccb7796663d
or?

I might re-formulate my OP to make it "taken down by FBI" instead of "hacked", what obv. is BS ...

erk

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Quote from: Scheede on August 27, 2017, 08:24:22 AM

Dear friends,

I lost 28 ETH from MyEtherWallet (by a stupid mistake myself) and was tracking them since.
Tonight they ended up on this wallet: https://etherscan.io/address/0x41d57e163b6c64fca2cd6535fcaa199b1fedd98b

... which seems to be the same final destination of the funds that were stolen in the BTC-e hack? (through this wallet: https://etherscan.io/address/0xc40ea11924656f2a68a00280526433cff5bd0058)

Was the official BTC-e - Wallet this one? https://etherscan.io/address/0x91337a300e0361bddb2e377dd4e88ccb7796663d

seems like:
https://busy.org/bitcoin/@truthforce/btc-e-wallet-just-receieved-2-cents-of-eth-withdrew-2-cents-of-eth-then-send-usd99-000-000-of-eth-485-000-eth-sent-5-hours-ago
https://www.facebook.com/groups/bitcoin.tw/permalink/1339338869497355/
https://medium.com/crypt-bytes-tech/whats-up-with-btc-e-is-it-exit-scam-2de2952ec7d
https://bitcoiner.today/es/btc-e-intervenida-por-el-fbi/

---------------------------------------------------------------------

So can I conclude, that my assets are in the same hands as those from the BTC-e - hack?

update: I think the final destination of my funds is the same as for all those of the BTC-e - hack !?

BTC-e - wallet (I think): https://etherscan.io/address/0x91337a300e0361bddb2e377dd4e88ccb7796663d

Sent to https://etherscan.io/address/0xc40ea11924656f2a68a00280526433cff5bd0058
(https://etherscan.io/tx/0x632eecae5343f70a03e07497c6158d9900c23cd829d4b9a18d992d73c93fd833)

Sent to https://etherscan.io/address/0x41d57e163b6c64fca2cd6535fcaa199b1fedd98b
(https://etherscan.io/tx/0xe3aafb3a1b4944beb94726ca6668ab6775957d5395c417f09801719daa349d00)

--------------------------------------------------------------------------------------------------------------------------

So far so right, or?!

So this means, if - whoever - will find the BTC-e - hackers I will know who is holding my funds, too?!

Do you know anything I could do with this information?

Kind regards
Stefan

As there were not any BTC-e hackers since they added ETH, we can assume this entire letter is BS

Topic: BTC-e hacked ?? - page 32. (Read 199770 times)