BTC-E.COM NICE RECOVERY FROM THE HACK! =) - page 8.

Yankee (BitInstant)

legendary

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Charlie 'Van Bitcoin' Shrem

Quote from: repentance on July 31, 2012, 01:20:43 AM

Quote from: kiwiasian on July 31, 2012, 01:17:17 AM

It would not be very hard. But what about cost of implementation? Who in the right mind would pay to implement that type of system for the thousands of users of BTC-E?

Sorry, I meant only for the alarm to notify the site owner so that they can suspend trading, back up the database, take the site offline or whatever. More than once, bad stuff has happened while owners are asleep and no-one's been able to contact them to let them know strange shit is happening. In the physical business world, there's usually a system in place for businesses to be contacted if they're broken into out of hours.

I agree. Every exchange and Bitcoin holder should implement and build something to this sort.

mobile4ever

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Activity: 546

Merit: 500

Quote from: kiwiasian on July 31, 2012, 01:17:17 AM

It would not be very hard. But what about cost of implementation? Who in the right mind would pay to implement that type of system for the thousands of users of BTC-E?

I think this guy had the right idea :

https://bitcointalksearch.org/topic/m.1067100

repentance

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Activity: 868

Merit: 1000

Quote from: kiwiasian on July 31, 2012, 01:17:17 AM

It would not be very hard. But what about cost of implementation? Who in the right mind would pay to implement that type of system for the thousands of users of BTC-E?

Sorry, I meant only for the alarm to notify the site owner so that they can suspend trading, back up the database, take the site offline or whatever. More than once, bad stuff has happened while owners are asleep and no-one's been able to contact them to let them know strange shit is happening. In the physical business world, there's usually a system in place for businesses to be contacted if they're broken into out of hours.

kiwiasian

full member

Activity: 168

Merit: 100

Quote from: repentance on July 31, 2012, 01:11:28 AM

Seriously, how hard would it be to write some code which starts ringing your phone/activates an alarm in your home or whatever when this kind of unusual activity takes place? It's ridiculous how often these things don't get stopped at the outset because there's no system in place for the owner to be contacted and notified immediately.

It would not be very hard. But what about cost of implementation? Who in the right mind would pay to implement that type of system for the thousands of users of BTC-E?

Bjork

sr. member

Activity: 457

Merit: 250

Look for the bear necessities!!

Quote from: johnjay3000 on July 31, 2012, 01:14:05 AM

Quote from: JoelKatz on July 31, 2012, 01:12:37 AM

Quote from: johnjay3000 on July 31, 2012, 01:09:48 AM

Sooo... I transfered btc from mt.gox over to btc-e before i saw the price issue/hack. My coins still have not appeared after 6 confs, what are the chances Ill see those coins again?

That will depend on the scope of their losses, whether they're able and willing to make them up, and if not, how they apportion them.

Hmm I think Ill stick to gox after this...

Yeah because nothing bad has ever happened there Grin

johnjay3000

newbie

Activity: 87

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Quote from: JoelKatz on July 31, 2012, 01:12:37 AM

Quote from: johnjay3000 on July 31, 2012, 01:09:48 AM

Sooo... I transfered btc from mt.gox over to btc-e before i saw the price issue/hack. My coins still have not appeared after 6 confs, what are the chances Ill see those coins again?

That will depend on the scope of their losses, whether they're able and willing to make them up, and if not, how they apportion them.

Hmm I think Ill stick to gox after this...

kano

legendary

Activity: 4592

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Linux since 1997 RedHat 4

Quote from: silverbox on July 31, 2012, 01:06:11 AM

They halted trading!! Shocked

No they said to halt trading - if you watch the BTC page it's still trading.

Last one just now was:
31.07.12 09:12   Sell    36.12 USD    3.70001 BTC    133.6443612 USD

Seriously? They can't even stop it from trading?

Edit1: ... and another:

31.07.12 09:13   Sell   36.12 USD   2.9935 BTC   108.12522 USD

Edit2: ... and another:

31.07.12 09:14   Sell   36.12 USD   0.998 BTC   36.04776 USD

Edit3: ... possibly the last one?

31.07.12 09:16   Sell    35 USD    0.781111 BTC    27.338885 USD

JoelKatz

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Activity: 1596

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Democracy is vulnerable to a 51% attack.

Quote from: johnjay3000 on July 31, 2012, 01:09:48 AM

Sooo... I transfered btc from mt.gox over to btc-e before i saw the price issue/hack. My coins still have not appeared after 6 confs, what are the chances Ill see those coins again?

That will depend on the scope of their losses, whether they're able and willing to make them up, and if not, how they apportion them.

repentance

hero member

Activity: 868

Merit: 1000

Seriously, how hard would it be to write some code which starts ringing your phone/activates an alarm in your home or whatever when this kind of unusual activity takes place? It's ridiculous how often these things don't get stopped at the outset because there's no system in place for the owner to be contacted and notified immediately.

johnjay3000

newbie

Activity: 87

Merit: 0

Sooo... I transfered btc from mt.gox over to btc-e before i saw the price issue/hack. My coins still have not appeared after 6 confs, what are the chances Ill see those coins again?

finkleshnorts

sr. member

Activity: 336

Merit: 250