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Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 32. (Read 119733 times)

legendary
Activity: 1778
Merit: 1043
#Free market
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!

They promissed to open withdraw of NXT (around 700 btc worth coins or so) not NXT assets 2 weeks ago.

I left a lot on bter and discuss at least make me feel a little better than keep thinking about they stole half year of trading profit Smiley
Anyway our posts here doasn't not change anything.

PS. There are always chances for sure that owner of Bter is just an idiots, but with experience with a lot of scam/hypes/ponzy closing office is the end...

That's sure , they do not know how to set up a properly cold wallet*. The possibility of an inside job is very high but I do not like to "think" that this option is the truth.


*Cold storage in the context of Bitcoin refers to keeping a reserve of Bitcoins offline.

im not really sure about this, but is there any known way or speculation on how to "hack" a cold wallet? if there isnt , then there is no options but to believe that this is an inside job, still i'll give them the benefit of doubt since they promised about the withdrawal

If all their employers are honest and they didn't share any private keys it is impossible to hack a cold wallet. The cold wallet supposed to be "offline" and no one can hack a pc and that pc/device is offline and it has been never connected on the internet.
legendary
Activity: 1540
Merit: 1016
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!

They promissed to open withdraw of NXT (around 700 btc worth coins or so) not NXT assets 2 weeks ago.

I left a lot on bter and discuss at least make me feel a little better than keep thinking about they stole half year of trading profit Smiley
Anyway our posts here doasn't not change anything.

PS. There are always chances for sure that owner of Bter is just an idiots, but with experience with a lot of scam/hypes/ponzy closing office is the end...

That's sure , they do not know how to set up a properly cold wallet*. The possibility of an inside job is very high but I do not like to "think" that this option is the truth.


*Cold storage in the context of Bitcoin refers to keeping a reserve of Bitcoins offline.

im not really sure about this, but is there any known way or speculation on how to "hack" a cold wallet? if there isnt , then there is no options but to believe that this is an inside job, still i'll give them the benefit of doubt since they promised about the withdrawal
hero member
Activity: 714
Merit: 500
I have just registered a Weibo account to post on their account to return our funds.   you all should do the same.

Do you know the chinese language? Maybe we can create one text and after you can post it on their Weibo's page.
sr. member
Activity: 348
Merit: 250
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!

They promissed to open withdraw of NXT (around 700 btc worth coins or so) not NXT assets 2 weeks ago.

I left a lot on bter and discuss at least make me feel a little better than keep thinking about they stole half year of trading profit Smiley
Anyway our posts here doasn't not change anything.

PS. There are always chances for sure that owner of Bter is just an idiots, but with experience with a lot of scam/hypes/ponzy closing office is the end...

They probably closed it to stop irate customers visiting them. Mt Gox moved offices when customers started protesting outside.
legendary
Activity: 2898
Merit: 1017
I have just registered a Weibo account to post on their account to return our funds.   you all should do the same.
legendary
Activity: 1778
Merit: 1043
#Free market
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!

They promissed to open withdraw of NXT (around 700 btc worth coins or so) not NXT assets 2 weeks ago.

I left a lot on bter and discuss at least make me feel a little better than keep thinking about they stole half year of trading profit Smiley
Anyway our posts here doasn't not change anything.

PS. There are always chances for sure that owner of Bter is just an idiots, but with experience with a lot of scam/hypes/ponzy closing office is the end...

That's sure , they do not know how to set up a properly cold wallet*. The possibility of an inside job is very high but I do not like to "think" that this option is the truth.


*Cold storage in the context of Bitcoin refers to keeping a reserve of Bitcoins offline.
hero member
Activity: 714
Merit: 500

Oh, Thanks for clearing that..  In that case, I guess we'll be waiting a long time until we get access to our funds..  Embarrassed

They closed office.. they 3th week do not procced withdraw.. You realy still hope they will return funds? What will change in a week? They will either stop posts or will offer another stupid explanation why they can't start withdraw, like them backup broken, or they forgot passwords from cold wallets or them "partners" want to provide audit before buy exchange and it will take another week and so on and so on, they can keep time forever, no way to force them, no way to catch them.

I know they will repay all the altcoins the unique thing that they will not reimburse is : bitcoin , and I will not use again their cryptocurrency exchange if they will re open.
legendary
Activity: 1055
Merit: 1002
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!

They promissed to open withdraw of NXT (around 700 btc worth coins or so) not NXT assets 2 weeks ago.

I left a lot on bter and discuss at least make me feel a little better than keep thinking about they stole half year of trading profit Smiley
Anyway our posts here doasn't not change anything.

PS. There are always chances for sure that owner of Bter is just an idiots, but with experience with a lot of scam/hypes/ponzy closing office is the end...
legendary
Activity: 1316
Merit: 1004
I think Bter just needs more time to do what they have promised. I still trust them. They said they will phase the withdrawal of deposits in there exchange. So far we can withdraw USD, CNY, and NXT assets. They have delivered what they have promised. Can you imagine what a miserable theft they just experienced at their point of view! Why not spare them some more time to fix the potential issues? Probably you have a chunk of deposit there and just throw away what you are thinking! Never mind! Time will tell everything!
legendary
Activity: 3570
Merit: 1548
Get loan in just five minutes goo.gl/8WMW6n
agree that buying time, but
I do not agree that this for  getaway
hero member
Activity: 742
Merit: 526
While I generally agree that they may just be buying more time for an unknown reason, but what's the purpose of posting twits unless they are really going to open the exchange again? What does it change or earn them since they already have all our money? To keep us busy posting here?

More the time passes less the problems they have, so they're buying time. I'm not optimistic anymore.

I don't think that those who can make their life miserable can be easily bought with such tactics. Since they admitted to have closed their office, it seems that these avid avengers already went after them on a retaliating mission.
legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
While I generally agree that they may just be buying more time for an unknown reason, but what's the purpose of posting twits unless they are really going to open the exchange again? What does it change or earn them since they already have all our money? To keep us busy posting here?

More the time passes less the problems they have, so they're buying time. I'm not optimistic anymore.
hero member
Activity: 742
Merit: 526

Oh, Thanks for clearing that..  In that case, I guess we'll be waiting a long time until we get access to our funds..  Embarrassed

They closed office.. they 3th week do not procced withdraw.. You realy still hope they will return funds? What will change in a week? They will either stop posts or will offer another stupid explanation why they can't start withdraw, like them backup broken, or they forgot passwords from cold wallets or them "partners" want to provide audit before buy exchange and it will take another week and so on and so on, they can keep time forever, no way to force them, no way to catch them.

While I generally agree that they may just be buying more time for an unknown reason, but what's the purpose of posting twits unless they are really going to open the exchange again? What does it change or earn them since they already have all our money? To keep us busy posting here?
legendary
Activity: 1055
Merit: 1002

Oh, Thanks for clearing that..  In that case, I guess we'll be waiting a long time until we get access to our funds..  Embarrassed

They closed office.. they 3th week do not procced withdraw.. You realy still hope they will return funds? What will change in a week? They will either stop posts or will offer another stupid explanation why they can't start withdraw, like them backup broken, or they forgot passwords from cold wallets or them "partners" want to provide audit before buy exchange and it will take another week and so on and so on, they can keep time forever, no way to force them, no way to catch them.
legendary
Activity: 2898
Merit: 1017
They have promised to allow withdrawals today, is that correct ?

No, their twitter (as of yesterday) says that they will enable withdrawals in a week. If they are not telling fables, we should most likely expect them to open the alt withdrawals at the beginning of the next week.

This ?
"Update" we are working with the security team to reconstruct the background, bit-new website online, security will ensure that all wallets, open virtual currency transactions and cash withdrawal. In order to speed up recovery time and avoid interference with work, we develop new locations in a closed state, company not receiving visitors, please understand. After waiting on the line, you are welcome to visit. RMB accounts withdrawals within 24 hours as usual."

RMB stands for renminbi, of which the Chinese yuan (CNY) is the basic unit of account. The CNY withdrawals (as well as the USD withdrawals) were enabled long ago.

Oh, Thanks for clearing that..  In that case, I guess we'll be waiting a long time until we get access to our funds..  Embarrassed
hero member
Activity: 742
Merit: 526
They have promised to allow withdrawals today, is that correct ?

No, their twitter (as of yesterday) says that they will enable withdrawals in a week. If they are not telling fables, we should most likely expect them to open the alt withdrawals at the beginning of the next week.

This ?
"Update" we are working with the security team to reconstruct the background, bit-new website online, security will ensure that all wallets, open virtual currency transactions and cash withdrawal. In order to speed up recovery time and avoid interference with work, we develop new locations in a closed state, company not receiving visitors, please understand. After waiting on the line, you are welcome to visit. RMB accounts withdrawals within 24 hours as usual."

RMB stands for renminbi, of which the Chinese yuan (CNY) is the basic unit of account. The CNY withdrawals (as well as the USD withdrawals) were enabled long ago.
legendary
Activity: 1055
Merit: 1002
They have promised to allow withdrawals today, is that correct ?

No, their twitter (as of yesterday) says that they will enable withdrawals in a week. If they are not telling fables, we should most likely expect them to open the alt withdrawals at the beginning of the next week.

This ?
"Update" we are working with the security team to reconstruct the background, bit-new website online, security will ensure that all wallets, open virtual currency transactions and cash withdrawal. In order to speed up recovery time and avoid interference with work, we develop new locations in a closed state, company not receiving visitors, please understand. After waiting on the line, you are welcome to visit. RMB accounts withdrawals within 24 hours as usual."

It is bad translation there should be "CNY withdraw procced within 24 hours as usual"
legendary
Activity: 1055
Merit: 1002
"With the recent downfall of the popular cryptocurrency exchange BTER, we have began to explore the option of potentially acquiring this now defunct exchange. We believe this approach would allow us to extend both the functionality and the network of BTER to the users of our own platform. Since our inception, we have always envisioned an open marketplace to trade our mining contracts. We believe we can harness BTER’s trade engine and platform to carry out our dream."

https://cointellect.com/news/

Cointellect are proven scammers, there are a lot of threads around here in many languages discussing just that. Once there were rumors that they had been laundering stolen dogecoins. And bter has 4.5 billions of doges at the moment (just checked).

This news appears to be rather suspicious, for all it may matter.

Realy hope it is just a fake. Cointellect is a ponzy scheme scam service, selling them bter with our funds will means we will never see them again.
legendary
Activity: 2898
Merit: 1017
They have promised to allow withdrawals today, is that correct ?

No, their twitter (as of yesterday) says that they will enable withdrawals in a week. If they are not telling fables, we should most likely expect them to open the alt withdrawals at the beginning of the next week.

This ?
"Update" we are working with the security team to reconstruct the background, bit-new website online, security will ensure that all wallets, open virtual currency transactions and cash withdrawal. In order to speed up recovery time and avoid interference with work, we develop new locations in a closed state, company not receiving visitors, please understand. After waiting on the line, you are welcome to visit. RMB accounts withdrawals within 24 hours as usual."
hero member
Activity: 910
Merit: 1000
What do people see who had BTC on the site ?  Does it just show their balances as zero or does it show something like pending ?
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