BTER - I want my money back ! | Bitcointalksearch.org

rich93

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Activity: 595

Merit: 101

Chromia - Relational Blockchain

Quote from: Whitehouse on February 15, 2015, 11:14:21 AM

Quote from: fragORA on February 15, 2015, 11:07:47 AM

How can their cold wallet have been compromised??

Inside job likely though they'll probably blame it on hackers or something. Anyone who loses money from their cold wallets needs to look at whoever has access to them.

at least bitstamp only had its hot wallet hacked. This looks like an inside job on bter.

wizzardTim

legendary

Activity: 1708

Merit: 1000

Reality is stranger than fiction

Quote from: acquafredda on February 15, 2015, 10:53:16 AM

Why you guys keep repeating the announcement?

Start asking yourselves why these things are still happening over and over again!

It's time for a decentralized exchange for our decentralized coins!

I agree. Time for a decentralized exchange.

The first worldwide Atomic Cross-Chain Transaction will be between Qora and Burst using AT. The world needs this.

For anyone interested:
https://bitcointalksearch.org/topic/m.10474086

https://bitcointalksearch.org/topic/why-blockchains-might-want-to-consider-using-at-turing-complete-txs-822100

https://bitcointalksearch.org/topic/at-can-be-used-to-anonymize-inter-blockchain-transfers-who-would-have-thought-893271

fran2k

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Activity: 784

Merit: 500

Quote from: Denker on February 15, 2015, 10:03:01 AM

Bter got owned again? This is ridiculous!
It's time for decentralized exchanges or some regulated ones like coinbase or coming gemini.

BitShares Decentralized Exchange. You already can trade bitUSD/bitBTC or bitUSD/bitGOLD over the blockchain without counterparty risk. Cheesy

Whitehouse

sr. member

Activity: 448

Merit: 250

Quote from: fragORA on February 15, 2015, 11:07:47 AM

How can their cold wallet have been compromised??

Inside job likely though they'll probably blame it on hackers or something. Anyone who loses money from their cold wallets needs to look at whoever has access to them.

fragORA

member

Activity: 86

Merit: 10

How can their cold wallet have been compromised??

bf4btc

hero member

Activity: 568

Merit: 500

Smoke weed everyday!

The thing it is so much more than just 7000+ BTC

You have Nxt, Doge, Nubits to name just a few of the biggest volume coins on that exchange suppose we will see massive dumps of these in the not so distant future.

Running Lin makes millions and millions from just the alt coins Angry

Whitehouse

sr. member

Activity: 448

Merit: 250

Quote from: LiteCoinGuy on February 15, 2015, 09:44:55 AM

dont store large sums on an exchange. try to use a hardware-wallet. good luck anyway.

This isn't really possible if you're an active trader but this is one of the reasons we desperately need to move to decentralized exchanges. People should be able to safely keep hold of their own coins until they're happy with a buy order they're willing to exchange for.

Twipple

sr. member

Activity: 462

Merit: 250

Can't believe another exchange getting hacked so soon. Its getting worse for bitcoins now.

acquafredda

legendary

Activity: 1316

Merit: 1481

Why you guys keep repeating the announcement?

Start asking yourselves why these things are still happening over and over again!

It's time for a decentralized exchange for our decentralized coins!

smalloldman

member

Activity: 65

Merit: 10

Quote from: 1Referee on February 15, 2015, 10:46:13 AM

Quote from: havecoch on February 15, 2015, 10:39:24 AM

Quote from: 1Referee on February 15, 2015, 10:36:41 AM

And another exchange that got hacked? It's going to look like a domino effect.

Exchange after exchange gets hacked, it's ridiculous.

I only use BTC-E and Bitstamp, but even Bitstamp got hacked this year.

How long are we still going to leave our precious Bitcoins with these shitty exchanges.......

Seems there is no other option . Have they ever commented on this ?

This is a message from BTER :

We have to suspend all our services waiting for the security check. More information will be released as soon as possible. Sorry for the interruption.

At this point there is an option. And that is storing your coins in your wallet.

But not the option that most people are keen with I think.

I have not really a technical background, but a lot people are talking about decentral exchanges, not sure how it works out.

If it stops hackers and thief CEO's it will be considered a forward step.

7170 BTC got stolen from our cold wallet in this transaction:

https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6

720 BTC bounty for chasing it back.

All wallets have been shut down and withdrawals of unaffected coins will be arranged later.

sumantso

legendary

Activity: 1050

Merit: 1000

Quote

7170 BTC got stolen from our cold wallet in this transaction:

https://blockchain.info/tx/f5b0363f03e1ed8bb812c135361ea93590c831ce9f13a3750be1b93575baccc6

720 BTC bounty for chasing it back.

All wallets have been shut down and withdrawals of unaffected coins will be arranged later.

I guess the hacker will return it anyway and claim the bounty. Good solution for both.

1Referee

legendary

Activity: 2170

Merit: 1427

Quote from: havecoch on February 15, 2015, 10:39:24 AM

Quote from: 1Referee on February 15, 2015, 10:36:41 AM

And another exchange that got hacked? It's going to look like a domino effect.

Exchange after exchange gets hacked, it's ridiculous.

I only use BTC-E and Bitstamp, but even Bitstamp got hacked this year.

How long are we still going to leave our precious Bitcoins with these shitty exchanges.......

Seems there is no other option . Have they ever commented on this ?

This is a message from BTER :

We have to suspend all our services waiting for the security check. More information will be released as soon as possible. Sorry for the interruption.

At this point there is an option. And that is storing your coins in your wallet.

But not the option that most people are keen with I think.

I have not really a technical background, but a lot people are talking about decentral exchanges, not sure how it works out.

If it stops hackers and thief CEO's it will be considered a forward step.

deeprocks

member

Activity: 87

Merit: 10

BTER has been hacked Sad

cryptocoiner

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Activity: 602

Merit: 500

hyperboria - next internet

Quote from: Picasso7 on February 15, 2015, 09:25:51 AM

Whats happened with BTER ?

LOL. Another cryptomarket become a scam. It was with mtgox an it will be with every centralized service. Don't trust anyone with your bitcoins. It's as simple as that.

acquafredda

legendary

Activity: 1316

Merit: 1481

https://bitcointalksearch.org/topic/m.10358313

Guys history it's repeating over and over again!
don't hold your hard-earned coins on exchanges!
or study about your exchanges first

https://bitcointalksearch.org/topic/m.10437322

Borisz

sr. member

Activity: 476

Merit: 251

Quote from: Picasso7 on February 15, 2015, 09:46:54 AM

Quote from: Borisz on February 15, 2015, 09:34:37 AM

I withdrew BTC yesterday without any problem. Just checked their site, it is down. Who, I'm happy I took my coins!

the happiest person is the guy who post himself 7000 btc this morning
hope he will die, slow and painful

As above, can you give a link? Has it made to some crypto news site?

I only heard/checked that it is down, because I happened to log in and check here.

havecoch

full member

Activity: 173

Merit: 100

Quote from: 1Referee on February 15, 2015, 10:36:41 AM

And another exchange that got hacked? It's going to look like a domino effect.

Exchange after exchange gets hacked, it's ridiculous.

I only use BTC-E and Bitstamp, but even Bitstamp got hacked this year.

How long are we still going to leave our precious Bitcoins with these shitty exchanges.......

Seems there is no other option . Have they ever commented on this ?

1Referee

legendary

Activity: 2170

Merit: 1427

And another exchange that got hacked? It's going to look like a domino effect.

Exchange after exchange gets hacked, it's ridiculous.

I only use BTC-E and Bitstamp, but even Bitstamp got hacked this year.

How long are we still going to leave our precious Bitcoins with these shitty exchanges.......

Denker

legendary

Activity: 1442

Merit: 1016

Bter got owned again? This is ridiculous!
It's time for decentralized exchanges or some regulated ones like coinbase or coming gemini.

havecoch

full member

Activity: 173

Merit: 100

Quote from: Picasso7 on February 15, 2015, 09:46:54 AM

Quote from: Borisz on February 15, 2015, 09:34:37 AM

I withdrew BTC yesterday without any problem. Just checked their site, it is down. Who, I'm happy I took my coins!

the happiest person is the guy who post himself 7000 btc this morning
hope he will die, slow and painful

Link ?

deluxeCITY

hero member

Activity: 532

Merit: 500

Well is this not excellent news to wake up to? Another theft of my hard earned BTC!! Luckily i never keep to much on an exchange especially BTER but have lost $500 + and altcoins.

What a beautiful morning, on the bright side i am sure some would have lost a little more than that Angry

Picasso7

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Activity: 76

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Quote from: Borisz on February 15, 2015, 09:34:37 AM

I withdrew BTC yesterday without any problem. Just checked their site, it is down. Who, I'm happy I took my coins!

the happiest person is the guy who post himself 7000 btc this morning
hope he will die, slow and painful

Bralex

sr. member

Activity: 308

Merit: 250

The coins are not coming back i am afraid to say, you do not HACK a cold wallet you only steal from one, unlucky to all those who lost their BTC.

EDIT: and altcoins! great we will have dumps coming up over next few days Grin

LiteCoinGuy

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In Satoshi I Trust

dont store large sums on an exchange. try to use a hardware-wallet. good luck anyway.

Victor Beckham

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Activity: 243

Merit: 100

Quote from: Picasso7 on February 15, 2015, 09:25:51 AM

Whats happened with BTER ?

They are gone for the good. Move over to escrow based exchanges like www.localbitcoins.com, www.100bit.co.in, www.bitquick.co etc, especially those where you do not need to keep your coins to make a trade.

Borisz

sr. member

Activity: 476

Merit: 251

I withdrew BTC yesterday without any problem. Just checked their site, it is down. Who, I'm happy I took my coins!

A4Tech

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Activity: 95

Merit: 10

Peoples are saying it is hacked !

Icardi09

sr. member

Activity: 476

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I read in another thread, they have a problem and possibly got hacked Sad

left some coins there, too bad

Picasso7

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Activity: 76

Merit: 10

Whats happened with BTER ?

Topic: BTER - I want my money back ! (Read 2035 times)