They should open a BTC_B/BTC market. Customers with coins lost in the hack can sell their BTC_B at a discount to speculators banking on Bter making good on repaying them eventually.
Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 23. (Read 119723 times)
March 12, 2015, 02:07:33 AM
March 12, 2015, 02:04:33 AM
Well... right now we got nothing back since btc withdraw still dissabled and all we can do with that 7% of btc is buy another not withdrawable coins but yeh things looks much better than before. Hope they woke up already and continue to rebuild exchange and open new markets and coins for withdraw.
Despite dogecoin withdrawals still being disabled, I finally got mine back. They seem to have sent the money manually after my persistent requests through email. Lost around 20% with the recent downturn of many altcoins.
Now thinking what to do with them.
March 12, 2015, 01:40:11 AM
Well... right now we got nothing back since btc withdraw still dissabled and all we can do with that 7% of btc is buy another not withdrawable coins but yeh things looks much better than before. Hope they woke up already and continue to rebuild exchange and open new markets and coins for withdraw.
March 11, 2015, 07:09:17 PM
So Bter will continue to operate and pay back to users? I seriously think it is not a elaborate ruse by Bter. I remember similar situation with MtGox in the past, they said the same exact thing: "we are fine, we recovered from that attack, and we have full liquidity now" - and the truth was they never recover and just masked it - people believed them send them coins and money. Rest of the story is known to us all. So I hope that is not the same story all over again.
Well, atleast BTER doesn't claim to have the full funds. They basically switched the missing BTC for a token called BTC_B and promise to exchange them for real BTC, but only time will tell if they can and want to do this.
Right now everyone got about 7% back.
March 11, 2015, 07:07:39 PM
So Bter will continue to operate and pay back to users? I seriously think it is not a elaborate ruse by Bter. I remember similar situation with MtGox in the past, they said the same exact thing: "we are fine, we recovered from that attack, and we have full liquidity now" - and the truth was they never recover and just masked it - people believed them send them coins and money. Rest of the story is known to us all. So I hope that is not the same story all over again.
March 11, 2015, 06:23:25 PM
I have read this tweet on their twitter page :
500 BTC has been distributed to support the existing orders and another 500 BTC has been distributed to all users' balances based BTC_B.
| https://twitter.com/btercom/status/575696122540240898
From their article :
5) Bter has received 1000 BTC from its partner JUA.COM to speed the payback process.
so now the bitcoin to repay is not more 7170 but 6170 , or am I wrong?
No it is not right. They used only 500 btc to pay customers so they need to repay 6670 btc. Rest 500 they used for buy alt coins on own markets.. Guess they did it for fill orderbook, but since half markets still not work, most deposite/withdraw still not works and nobody actualy trading becourse of it, it was a bit seneless waisting of btc, better they would refund users :|
I thought their combined orderbooks must have more than 500 btc worth of buy orders on them. Though after looking at a few I'm not sure.
I checked it too and there are some amazingly huge orders up. Like for DRK or DOGE. So they might have already allowed BTC deposits for whales or something is fishy.
March 11, 2015, 06:10:54 PM
I have read this tweet on their twitter page :
500 BTC has been distributed to support the existing orders and another 500 BTC has been distributed to all users' balances based BTC_B.
| https://twitter.com/btercom/status/575696122540240898
From their article :
5) Bter has received 1000 BTC from its partner JUA.COM to speed the payback process.
so now the bitcoin to repay is not more 7170 but 6170 , or am I wrong?
No it is not right. They used only 500 btc to pay customers so they need to repay 6670 btc. Rest 500 they used for buy alt coins on own markets.. Guess they did it for fill orderbook, but since half markets still not work, most deposite/withdraw still not works and nobody actualy trading becourse of it, it was a bit seneless waisting of btc, better they would refund users :|
I thought their combined orderbooks must have more than 500 btc worth of buy orders on them. Though after looking at a few I'm not sure.
March 11, 2015, 02:29:31 PM
Damn those Chinese are serious about the Bitcoin and its future, if I were you, I would hold those bits tight..
March 11, 2015, 02:15:26 PM
I have read this tweet on their twitter page :
500 BTC has been distributed to support the existing orders and another 500 BTC has been distributed to all users' balances based BTC_B.
| https://twitter.com/btercom/status/575696122540240898
From their article :
5) Bter has received 1000 BTC from its partner JUA.COM to speed the payback process.
so now the bitcoin to repay is not more 7170 but 6170 , or am I wrong?
No it is not right. They used only 500 btc to pay customers so they need to repay 6670 btc. Rest 500 they used for buy alt coins on own markets.. Guess they did it for fill orderbook, but since half markets still not work, most deposite/withdraw still not works and nobody actualy trading becourse of it, it was a bit seneless waisting of btc, better they would refund users :|
March 11, 2015, 02:13:30 PM
anyone even bothered with the bounty? or a thread that has everyone helping out?
Yes, according to Lin ( CEO i think) many many hints were mailed to them. Not sure if anything was found out though.
March 11, 2015, 02:12:28 PM
anyone even bothered with the bounty? or a thread that has everyone helping out?
March 11, 2015, 02:09:04 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
Why would that matter? Ever hear of google. Try it sometime.
Nevermind. You are not even capable of understanding what I'm saying.
Good luck with comparing 7000 BTC to 77 BTC.
That is called a red herring. Nice try.
I have read this tweet on their twitter page :
500 BTC has been distributed to support the existing orders and another 500 BTC has been distributed to all users' balances based BTC_B.
| https://twitter.com/btercom/status/575696122540240898
From their article :
5) Bter has received 1000 BTC from its partner JUA.COM to speed the payback process.
so now the bitcoin to repay is not more 7170 but 6170 , or am I wrong?
yes, and with this new partner, the chance of payback might be better than previously thought.
March 11, 2015, 02:04:51 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
Why would that matter? Ever hear of google. Try it sometime.
Nevermind. You are not even capable of understanding what I'm saying.
Good luck with comparing 7000 BTC to 77 BTC.
That is called a red herring. Nice try.
I have read this tweet on their twitter page :
500 BTC has been distributed to support the existing orders and another 500 BTC has been distributed to all users' balances based BTC_B.
| https://twitter.com/btercom/status/575696122540240898
From their article :
5) Bter has received 1000 BTC from its partner JUA.COM to speed the payback process.
so now the bitcoin to repay is not more 7170 but 6170 , or am I wrong?
March 11, 2015, 01:01:59 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
Why would that matter? Ever hear of google. Try it sometime.
Nevermind. You are not even capable of understanding what I'm saying.
Good luck with comparing 7000 BTC to 77 BTC.
That is called a red herring. Nice try.
March 11, 2015, 12:57:47 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
Why would that matter? Ever hear of google. Try it sometime.
Nevermind. You are not even capable of understanding what I'm saying.
Good luck with comparing 7000 BTC to 77 BTC.
March 11, 2015, 12:57:35 PM
I will use them again after they return the 7000BTC 
They returned a BTC token
I am really eager to see at what price this token will trade
I'm gonna buy a few with my now devalued dogecoins, provided the price of these tokens will be at 50% or below that of orthodox bitcoins.
I don't think they will offer a DOGE/BTC-C market. Just a BTC/BTC-C Market.
Doge active. ^^^
Sure but is it a real BTC market or the tokens?
March 11, 2015, 12:55:11 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
Why would that matter? Ever hear of google. Try it sometime.
March 11, 2015, 12:50:55 PM
POLO was hacked, Immediately emailed everyone and made good on it. get your facts straight before commenting on what you know nothing of.
BTW I have no stake in Polo I just correct where I see falsehoods.
Aha.. And can you please tell me how much Polo was hacked? Considering you got your facts VERY straight.
March 11, 2015, 12:41:34 PM
Anyone for a thread 'trade in bter.com'?
The chat is not so good. And while we're all gathered here.
That would be a thread for all Altcoins on BTER.
Interested?
The chat is not so good. And while we're all gathered here.
That would be a thread for all Altcoins on BTER.
Interested?
I'm not going to trade until I'm solidly able to withdraw the coins (and even this remains to be seen yet). Moreover, my doges are stuck somewhere inside bter. Yesterday I tried to withdraw them but failed, and they
March 11, 2015, 12:41:26 PM
I just realized after a few months of knowing BTER was hacked, that I lost 2 bitcoins!
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