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Topic: BTC Stolen from Poloniex - page 23. (Read 167464 times)

newbie
Activity: 56
Merit: 0
March 04, 2014, 02:59:21 PM
Busoni.

Could you process alt withdrawals please ?

It has nothing to do with the theft.

+1!

Please, cause they are stuck and some ppl are losing even more now cause they can't sell them.

per the original post, "all markets and withdrawals are still frozen, and they will remain that way until the negative balance watcher is written and in place and balance deductions are calculated."

It might be that only the BTC will be deducted 12.3% or both BTC and non-BTC will be deducted 12.3%

If all coins are deducted, this would be far more than the 12.3% of BTC lost. This is an obvious no-no, so I can only assume that (if everything is legit) non-BTC withdrawls will be processed once the "balance watcher" code is in place.
legendary
Activity: 4004
Merit: 1250
Owner at AltQuick.com
March 04, 2014, 02:59:04 PM

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 Bussoni 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...   Roll Eyes

1. The site needs/wants more customers.

2.  You can find this with a little searching.

3.  Bitcoin talk is here for a reason.

The guy hasn't been MIA or anything and I think he is honestly trying.  This dude could turn out to be like Dooglus (who had exchange problems starting out and now runs Just-dice.com and Doge-dice.com)
newbie
Activity: 12
Merit: 0
March 04, 2014, 02:57:19 PM
I`m game for the Poloniex shares mate.
Will support you, shit like this is terrible and sadly it is happening all over the place.

Thanks for your honesty and hope this gets resolved soon.

Cheers,
TheDutch.
member
Activity: 112
Merit: 10
March 04, 2014, 02:54:55 PM

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...   Roll Eyes
hero member
Activity: 672
Merit: 500
March 04, 2014, 02:43:20 PM
Run on a transparent fractional reserve (published everyday the X% not in reserve)
Put a withdrawal fee of X%

Problem solved
member
Activity: 79
Merit: 10
March 04, 2014, 02:41:10 PM
THEN?? I THINK THAT YOUR POLONIEX WILL CLOSE WITH ALL OUR MONEY!
full member
Activity: 154
Merit: 100
March 04, 2014, 02:40:16 PM
Cant withdraw ANY coin because of the exploit.
full member
Activity: 462
Merit: 100
“Crypto Depository Receipts”
March 04, 2014, 02:37:32 PM
Hello everyone I'm Italian. About 12 hours ago I settled on the bitcoin poloniex, unfortunately after 60 confirmations still do not have my bitcoins, wallet inside ... I read a few pages of this thread and I did not understand much, Can I get my bitcoin? WHEN? I also have auroracoin if you pick to put them in the wallet of the computer, the risk of losing them? PLEASE reply me ..!

 Sad

CAN I WITHDRAW THE AURORACOIN?HuhHuhHuhHuhHuh?

NO!

At the moment it's not possible. We are all waiting.
full member
Activity: 462
Merit: 100
“Crypto Depository Receipts”
March 04, 2014, 02:37:00 PM
Busoni.

Could you process alt withdrawals please ?

It has nothing to do with the theft.

+1!

Please, cause they are stuck and some ppl are losing even more now cause they can't sell them.
member
Activity: 79
Merit: 10
March 04, 2014, 02:36:02 PM
Hello everyone I'm Italian. About 12 hours ago I settled on the bitcoin poloniex, unfortunately after 60 confirmations still do not have my bitcoins, wallet inside ... I read a few pages of this thread and I did not understand much, Can I get my bitcoin? WHEN? I also have auroracoin if you pick to put them in the wallet of the computer, the risk of losing them? PLEASE reply me ..!

 Sad

CAN I WITHDRAW THE AURORACOIN?HuhHuhHuhHuhHuh?
hero member
Activity: 672
Merit: 500
March 04, 2014, 02:33:45 PM
Busoni.

Could you process alt withdrawals please ?

It has nothing to do with the theft.
member
Activity: 112
Merit: 10
March 04, 2014, 02:31:38 PM
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.

Here's my vote:

Start with 3. You may get more interest in this option than you currently can imagine, especially if you hire a recognised external security consultant to help you review the code.

If still needed after 3 go with option 2, but raise fees moderately so that you don't kill the exchange.

Please also consider my earlier proposal:

Quote
How about raising enough money to create an "insurance fund" that will be available for those users who are willing to accept a slightly higher trading fee than uninsured users?

You would keep this fund in cold storage and it would be completely transparent on the blockchain for everyone to verify. It would only be used to reimburse those accounts that had paid the higher trading fee in case of another hack of the exchange. By making it voluntary it doesn't hurt anyone who doesn't want to pay the extra fee, and as the income from the insurance premiums increase so will the level of insurance.

This will make Poloniex the first exchange where user funds are insured. Perhaps you could even make the funds on that cold storage account multisignature with 2 trusted members from the community, that way anyone who doubts your integrity will feel a lot safer as well...

As Biomech commented earlier:

Quote
So long as the insurance is voluntary, either paid by the exchange holder or the individual investor, then it's not only not a problem, it should encourage trade.
full member
Activity: 154
Merit: 100
March 04, 2014, 02:28:42 PM
Looks like Polo is going to die off like C-CEX has.

They better unlock my coins soon!
newbie
Activity: 56
Merit: 0
March 04, 2014, 02:28:02 PM
The truth hurts, I suppose. Problem is, we don't know what that is yet. But something sure does stink in here. And the funny thing is that some of you ^ think it's me! Don't shoot the messenger. Just pointing out the obvious.

When you get too emotionally attached to a STOCK or a COIN or an EXCHANGE, you get burned. (Or at least, offended)
member
Activity: 157
Merit: 10
March 04, 2014, 02:27:31 PM
It would take 5 minutes for "Tristan" to put up a notice on the poloniex website regarding the situation, and regarding deposits/withdrawls.

Why has this not yet been done to avoid this ^^^^^ frustration?

No refunds has been given for BTC deposited after the incident. I'll believe it when I see it. (Assuming that all those deposits will have been refunded and not just those of the persons who happen to post here or on http://poloniex.freshdesk.com/support/discussions/forums/1000078491 like coinmarket did to keep the con game going)

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.

How many more people must be frustrated because the OP isn't doing what he should be doing before you do just that? (See above if you don't think it's happening now.. and that's just the people who bother to post)

So why dont you go here https://bitcointalksearch.org/topic/m.5503550 and save some more people from losing there money?
member
Activity: 157
Merit: 10
March 04, 2014, 02:26:04 PM
It would take 5 minutes for "Tristan" to put up a notice on the poloniex website regarding the situation, and regarding deposits/withdrawls.

Why has this not yet been done to avoid this ^^^^^ frustration?

No refunds has been given for BTC deposited after the incident. I'll believe it when I see it. (Assuming that all those deposits will have been refunded and not just those of the persons who happen to post here or on http://poloniex.freshdesk.com/support/discussions/forums/1000078491 like coinmarket did to keep the con game going)

Why are you so annoying?

If trying to save people from losing their hard-earned money is annoying then I suppose you can go coin yourself.

Screaming her about some red flags, won't fix this any faster. Nabijem ti mamu!

newbie
Activity: 56
Merit: 0
March 04, 2014, 02:24:28 PM
It would take 5 minutes for "Tristan" to put up a notice on the poloniex website regarding the situation, and regarding deposits/withdrawls.

Why has this not yet been done to avoid this ^^^^^ frustration?

No refunds has been given for BTC deposited after the incident. I'll believe it when I see it. (Assuming that all those deposits will have been refunded and not just those of the persons who happen to post here or on http://poloniex.freshdesk.com/support/discussions/forums/1000078491 like coinmarket did to keep the con game going)

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.

How many more people must be frustrated because the OP isn't doing what he should be doing before you do just that? (See above if you don't think it's happening now.. and that's just the people who bother to post)
member
Activity: 79
Merit: 10
March 04, 2014, 02:18:45 PM
Hello everyone I'm Italian. About 12 hours ago I settled on the bitcoin poloniex, unfortunately after 60 confirmations still do not have my bitcoins, wallet inside ... I read a few pages of this thread and I did not understand much, Can I get my bitcoin? WHEN? I also have auroracoin if you pick to put them in the wallet of the computer, the risk of losing them? PLEASE reply me ..!

 Sad
newbie
Activity: 15
Merit: 0
March 04, 2014, 02:18:30 PM
Thanks for being clear about the recent deposits, and that they should not be deducted. Nothing less than that would be reasonable. Thanks for being reasonable.

However, I would like to make sure that I not only do not lose any of my 10BTC, but also, that they would be withdrawable immediately, or sent back to me immediately. There is no reason to keep them locked up anymore, and there is no reason to delay their refund. I would like to be able to withdraw them immediately, or have them sent back to me immediately on the address I sent them from.

Please send them back and confirm. Thank you.




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 was not aware of this theft, and I stupidly sent in 10 BTC about 7 hours after your twitter announcement

https://blockchain.info/address/16CBhYouzdB4xgxeZ76RjF8wBRimtvMB2k

https://twitter.com/Poloniex/status/440734781689446400

I expect to get the entire 10BTC balance back, and NOT 12.3% less, as I would've expected you to block deposits as well, or at least put up a sign on the front page of the site waring about the hack.

Please confirm that you agree and will do so. Thank you.
member
Activity: 157
Merit: 10
March 04, 2014, 02:17:22 PM
It would take 5 minutes for "Tristan" to put up a notice on the poloniex website regarding the situation, and regarding deposits/withdrawls.

Why has this not yet been done to avoid this ^^^^^ frustration?

No refunds has been given for BTC deposited after the incident. I'll believe it when I see it. (Assuming that all those deposits will have been refunded and not just those of the persons who happen to post here or on http://poloniex.freshdesk.com/support/discussions/forums/1000078491 like coinmarket did to keep the con game going)

Why are you so annoying?
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