Hi there! Thanks to the OP for his sincerity and a clear explanation of what happens. Really appreciated.
Question: Why not to keep that 12.3% stored, and maintain the original fees (not rising to 1.5%) and just keep the trading going?
The main inconvenience I see by doing this is that all of us will get our 12.3% BTC back way later, although at the same time I would like to stress out that IMHO trading will increase in the near future, for instance because the AUR, CGA gaining momentum plus BTC price rising, as it's been happening since a few days ago.
So, my point is: what's the problem with having that "stash" of 12.3% BTC and in the meantime accelerating the trading on the site? That would be a real "community" working together, IMHO.
More trading, more fees, same percentage.
More people invited to trade at Poloniex via promotions, more fees, etc.
Thanks for reading!
The best to all,
Ron.
PS: 12.3% is easy to earn in a couple of successful trades. Even with the AUR or other altcoin volatility that could be achieved in a few days of just holding. And at the same time it's easy to lose that amount as well, of course. What I'm trying to convey is the idea that that percentage is kind of part of the risk involved in a speculative market as this is. Keeping that amount frozen is to my understanding like keeping the earnings of a couple good trades apart. Remember, BTC price is rising (i.e. winkdex.com). It could even mean a good "forced investment". Thanks!
Topic: BTC Stolen from Poloniex - page 22. (Read 167444 times)
It's not that I find your viewpoint annoying, it is that you feel you have to make 40+(!) posts in one single thread to make yourself heard, simply because most other posters have a different viewpoint than you. My gut feeling tells me that this is probably true for the other(s?) who mentioned it to you also...
It's not about "cultural sensitivities" but just basic forum etiquette. There are a lot of concerned people watching this thread and to make 40+ posts to say things that could be said in a few just seems a little excessive.
I agree with your viewpoint that Busoni have made some mistakes, such as those mentioned above. However, his general handling of this difficult situation has IMO been refreshingly positive compared to what we have seen from other exchanges that have encountered problems in the past.
My gut feeling (and how he dealt with the XCP theft) tells me that Poloniex will come out of this as one of the strongest and most trusted exchanges once this is behind us. Time will tell who of us is right.
This will be my last post on this.
It's not about "cultural sensitivities" but just basic forum etiquette. There are a lot of concerned people watching this thread and to make 40+ posts to say things that could be said in a few just seems a little excessive.
I agree with your viewpoint that Busoni have made some mistakes, such as those mentioned above. However, his general handling of this difficult situation has IMO been refreshingly positive compared to what we have seen from other exchanges that have encountered problems in the past.
My gut feeling (and how he dealt with the XCP theft) tells me that Poloniex will come out of this as one of the strongest and most trusted exchanges once this is behind us. Time will tell who of us is right.
This will be my last post on this.
Thanks for your input. Time will tell. Hopefully, I am right about this not being a scam.
Why are you so annoying?
If trying to save people from losing their hard-earned money is annoying then I suppose you can go fix yourself.
I agree that there are several unanswered questions such as:
1. Why has a warning not yet been prominently placed on the site to deter further deposits?
2. What is the confirmed address that the funds were sent to, and how much was stolen?
3. Why has no warning email been sent to all registered users informing them of the security breach?
However, I think most of us can appreciate the enormous stress that Busoni is currently under, and I for one choose to believe that he is doing everything he can in the background trying to fix the security holes and deciding on the best way forward in a difficult situation. Some mistakes and not being available for every question on the forum might be a price we have to pay? At least for now.
jtpeters has made 36(!) posts to this thread, each one pointing out that the money is likely being stolen in front of our eyes.
Is that really constructive, and are you surprised people find it annoying?
I think we understand your view on this by now...
"are you surprised people find it annoying".. I honestly don't care if 1 or 2 people find my posts annoying. (You should have said "are you surprised 1 other person finds it annoying" by the way, but I guess that would not have sounded authoritative.)
If our actions can save 1 person from potential worry then I don't give two shits about the cultural sensitivities of others. Some people find bad grammar annoying, but should you give a flying fuck?
If the people who feel they lost BTC first read this thread instead of afterwards, then perhaps they could have been saved some trouble.
Do you feel your reply is constructive? Don't answer that.. because doing so would not help anyone. But guess what? Reading my "annoying" posts will help someone. It doesn't matter if you or someone else doesn't like it. I honestly don't care. The pros outweigh the cons, and that's all that matters.
By the way.. you raised some concerns. Has anyone else been talking about these concerns and drawing attention to them? I was the first to express these concerns. Don't be a hypocrite when you're drinking my juice. The three points you raised started with me.
It takes 5 minutes to post something to the website. In the time it took you to count how many posts I've made to this thread (brilliant, by the way) he could have informed all his clients. You're telling me someone can't do that very important thing for 5 minutes of their time in the past 14 hours because they're under stress? It's bullshit. You can call it what you want.
It's not that I find your viewpoint annoying, it is that you feel you have to make 40+(!) posts in one single thread to make yourself heard, simply because most other posters have a different viewpoint than you. My gut feeling tells me that this is probably true for the other(s?) who mentioned it to you also...
It's not about "cultural sensitivities" but just basic forum etiquette. There are a lot of concerned people watching this thread and to make 40+ posts to say things that could be said in a few just seems a little excessive.
I agree with your viewpoint that Busoni have made some mistakes, such as those mentioned above. However, his general handling of this difficult situation has IMO been refreshingly positive compared to what we have seen from other exchanges that have encountered problems in the past.
My gut feeling (and how he dealt with the XCP theft) tells me that Poloniex will come out of this as one of the strongest and most trusted exchanges once this is behind us. Time will tell who of us is right.
This will be my last post on this.
Has anyone checked their BTC amount on Poloniex.....mine gone down by 12% to 15%.
It looks like the reduction is happening.
It looks like the reduction is happening.
Is it 12.3% for you? Or more than that?
My BTC balance was just taken down 12.3%. Pleased with the how he is handling this and will stick with him!
When people are refunded their BTC then we can breathe a sigh of relief.
No use getting happy because our BTC balance went down by 12%
+1 Dev
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
It's funny that you mention them because there's no mention of any problem on their website, either: https://c-cex.com/
Mt. Gox, Coinmarket, C-Cex
Sensing a pattern?
I suppose you cannot come up with an intelligent or logical argument so personal attacks will suffice.
"You fustilarian! I’ll tickle your catastrophe!"
Let's get back to being constructive, though we do not agree on all of our constructions. (But I suppose the lesser of us will continue the personal attacks while avoiding the elephant in the room.)
Has anyone checked their BTC amount on Poloniex.....mine gone down by 12% to 15%.
It looks like the reduction is happening.
It looks like the reduction is happening.
Confirmed, mine just went down 12.3%. My balance I mean, not my pecker.
Edit: Other alt-coin balances remain as before.
Has anyone checked their BTC amount on Poloniex.....mine gone down by 12% to 15%.
It looks like the reduction is happening.
It looks like the reduction is happening.
Is it 12.3% for you? Or more than that?
My BTC balance was just taken down 12.3%. Pleased with the how he is handling this and will stick with him!
+1 Dev
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
It's funny that you mention them because there's no mention of any problem on their website, either: https://c-cex.com/
Mt. Gox, Coinmarket, C-Cex
Sensing a pattern?
Has anyone checked their BTC amount on Poloniex.....mine gone down by 12% to 15%.
It looks like the reduction is happening.
It looks like the reduction is happening.
Is it 12.3% for you? Or more than that?
Yep. The trollbox is full of the 12% shit.
This is actually a good sign. Everything is as promised now.
Hope he fixed the withdraw-bug so that we are able to trade soon again.
This is actually a good sign. Everything is as promised now.
Hope he fixed the withdraw-bug so that we are able to trade soon again.
Has anyone checked their BTC amount on Poloniex.....mine gone down by 12% to 15%.
It looks like the reduction is happening.
It looks like the reduction is happening.
+1 Dev
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
It's funny that you mention them because there's no mention of any problem on their website, either: https://c-cex.com/
Mt. Gox, Coinmarket, C-Cex
Sensing a pattern?
THEN?? I THINK THAT YOUR POLONIEX WILL CLOSE WITH ALL OUR MONEY!
At this point we don't know. Most vocal persons here seem to think that all is ok (per the original post).
However, there is some evidence to suggest that the owner of the exchange is not doing what they can to alert visitors to the website that there is a problem and do their best to stop incoming deposits.
We'd like to think that all will be normal in a few days or weeks (hopefully less) but we can also try to make sure that the owner does what they should be doing right now.
He'd kill the troll box if he was trying to trick people I would think.
A clever thief would pretend business-as-usual, I would think. (See the on-going coinmarket.io drama for reference)
Not saying OP is a thief (I don't believe so) but we should keep our wits about us.
This is annoying! Why are you posting this shit on every page and in every thread related to poloniex?
I mean to post it once is okay but every new page? Seriously?
+1 Dev
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
Dev you have been open and honest from the start. Admitting liability and working your hardest to fix this. I have lost BTC in C-Cex and here now. But I must say you have been far more open and honest about not only what happened but how you plan to remedy the situation. Your message about the issue I think also deserves a lot of credit, whilst C-cex has been better than Mt. Gox, I fear their reputation will eventually see them close.
Good work Dev, I will certainly keep using your exchange. For all the users moaning - I suggest you go play on the regulated stock and Fx markets or STFU!
Why are you so annoying?
If trying to save people from losing their hard-earned money is annoying then I suppose you can go fix yourself.
I agree that there are several unanswered questions such as:
1. Why has a warning not yet been prominently placed on the site to deter further deposits?
2. What is the confirmed address that the funds were sent to, and how much was stolen?
3. Why has no warning email been sent to all registered users informing them of the security breach?
However, I think most of us can appreciate the enormous stress that Busoni is currently under, and I for one choose to believe that he is doing everything he can in the background trying to fix the security holes and deciding on the best way forward in a difficult situation. Some mistakes and not being available for every question on the forum might be a price we have to pay? At least for now.
jtpeters has made 36(!) posts to this thread, each one pointing out that the money is likely being stolen in front of our eyes.
Is that really constructive, and are you surprised people find it annoying?
I think we understand your view on this by now...
"are you surprised people find it annoying".. I honestly don't care if 1 or 2 people find my posts annoying. (You should have said "are you surprised 1 other person finds it annoying" by the way, but I guess that would not have sounded authoritative.)
If our actions can save 1 person from potential worry then I don't give two shits about the cultural sensitivities of others. Some people find bad grammar annoying, but should you give a flying fuck?
If the people who feel they lost BTC first read this thread instead of afterwards, then perhaps they could have been saved some trouble.
Do you feel your reply is constructive? Don't answer that.. because doing so would not help anyone. But guess what? Reading my "annoying" posts will help someone. It doesn't matter if you or someone else doesn't like it. I honestly don't care. The pros outweigh the cons, and that's all that matters.
By the way.. you raised some concerns. Has anyone else been talking about these concerns and drawing attention to them? I was the first to express these concerns. Don't be a hypocrite when you're drinking my juice. The three points you raised started with me.
It takes 5 minutes to post something to the website. In the time it took you to count how many posts I've made to this thread (brilliant, by the way) he could have informed all his clients. You're telling me someone can't do that very important thing for 5 minutes of their time in the past 14 hours because they're under stress? It's bullshit. You can call it what you want.
THEN?? I THINK THAT YOUR POLONIEX WILL CLOSE WITH ALL OUR MONEY!
At this point we don't know. Most vocal persons here seem to think that all is ok (per the original post).
However, there is some evidence to suggest that the owner of the exchange is not doing what they can to alert visitors to the website that there is a problem and do their best to stop incoming deposits.
We'd like to think that all will be normal in a few days or weeks (hopefully less) but we can also try to make sure that the owner does what they should be doing right now.
He'd kill the troll box if he was trying to trick people I would think.
THEN?? I THINK THAT YOUR POLONIEX WILL CLOSE WITH ALL OUR MONEY!
At this point we don't know. Most vocal persons here seem to think that all is ok (per the original post).
However, there is some evidence to suggest that the owner of the exchange is not doing what they can to alert visitors to the website that there is a problem and is not doing their best to stop incoming deposits.
We'd like to think that all will be normal in a few days or weeks (hopefully less) but we can also try to make sure that the owner does what they should be doing right now.
I would like to thank everyone for their support and understanding. It really means a lot. Having other people's money taken under my watch has made me feel just about as awful as I've ever felt in my life.
I think I should have a poll to determine how to pay the funds back. Here are the options I'm thinking:
1. Pay back over time with exchange fees.
2. Same as #1, but raise fees to expedite.
3. Sell shares of Poloniex to cover the debt; dividends paid regularly.
4. Award such shares to everyone immediately and consider that repayment.
Let me know if I'm forgetting an option here.
About recent deposits--it really wouldn't be fair to deduct deposits made after the BTC was taken. Obviously I should have posted a notice on the Balances page, but it is not difficult to make an exception for recent deposits.
I will be hiring a security programmer after this is dealt with.
I think I should have a poll to determine how to pay the funds back. Here are the options I'm thinking:
1. Pay back over time with exchange fees.
2. Same as #1, but raise fees to expedite.
3. Sell shares of Poloniex to cover the debt; dividends paid regularly.
4. Award such shares to everyone immediately and consider that repayment.
Let me know if I'm forgetting an option here.
About recent deposits--it really wouldn't be fair to deduct deposits made after the BTC was taken. Obviously I should have posted a notice on the Balances page, but it is not difficult to make an exception for recent deposits.
I will be hiring a security programmer after this is dealt with.
Just say fuck the people who lost BTC. This shit isn't insured and open up as business as usual!
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