BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 43.

bitcoinmar

hero member

Activity: 812

Merit: 500

Quote from: redsn0w on February 26, 2015, 06:13:05 AM

Quote from: mishax1 on February 26, 2015, 02:06:23 AM

Quote from: tersagun on February 26, 2015, 01:52:30 AM

Quote from: mishax1 on February 26, 2015, 01:51:10 AM

Withholding fiat is a bit more problematic than withholding altcoins Roll Eyes

I think that is why they first enable fiat withdrawals, but then again, why enable NXT? (simply because they are invested up to their necks in NXT and probably can cover a nice portion of the "stolen" amount by selling NXT)

NXT isn't enabled yet.

Yet, but the plans as they seem are to enable it first after fiat, since they enabled CNY and a few days later the USD..

Maybe before the end of this week they will enable the NXT withdrawals (at least I hope they will do it).

I am also hoping for this and as they saying they are preparing again for business hope its become true and we have money back

blueshoe

sr. member

Activity: 277

Merit: 250

i dont want to withdraw my 40 cny. i want that bter is like before and i can buy some altcoins.

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Quote from: mishax1 on February 26, 2015, 02:06:23 AM

Quote from: tersagun on February 26, 2015, 01:52:30 AM

Quote from: mishax1 on February 26, 2015, 01:51:10 AM

Withholding fiat is a bit more problematic than withholding altcoins Roll Eyes

I think that is why they first enable fiat withdrawals, but then again, why enable NXT? (simply because they are invested up to their necks in NXT and probably can cover a nice portion of the "stolen" amount by selling NXT)

NXT isn't enabled yet.

Yet, but the plans as they seem are to enable it first after fiat, since they enabled CNY and a few days later the USD..

Maybe before the end of this week they will enable the NXT withdrawals (at least I hope they will do it).

mishax1

legendary

Activity: 2898

Merit: 1017

Quote from: tersagun on February 26, 2015, 01:52:30 AM

Quote from: mishax1 on February 26, 2015, 01:51:10 AM

Withholding fiat is a bit more problematic than withholding altcoins Roll Eyes

I think that is why they first enable fiat withdrawals, but then again, why enable NXT? (simply because they are invested up to their necks in NXT and probably can cover a nice portion of the "stolen" amount by selling NXT)

NXT isn't enabled yet.

Yet, but the plans as they seem are to enable it first after fiat, since they enabled CNY and a few days later the USD..

tersagun

sr. member

Activity: 280

Merit: 250

Quote from: mishax1 on February 26, 2015, 01:51:10 AM

Withholding fiat is a bit more problematic than withholding altcoins Roll Eyes

I think that is why they first enable fiat withdrawals, but then again, why enable NXT? (simply because they are invested up to their necks in NXT and probably can cover a nice portion of the "stolen" amount by selling NXT)

NXT isn't enabled yet.

mishax1

legendary

Activity: 2898

Merit: 1017

Withholding fiat is a bit more problematic than withholding altcoins Roll Eyes

I think that is why they first enable fiat withdrawals, but then again, why enable NXT? (simply because they are invested up to their necks in NXT and probably can cover a nice portion of the "stolen" amount by selling NXT)

Jcga

legendary

Activity: 2590

Merit: 1089

Looks like it's going on the right way but a bit lack of communication.
All my best to Bter.

justmyname

sr. member

Activity: 389

Merit: 250

Quote from: readysalted89 on February 25, 2015, 06:07:39 PM

Quote from: justmyname on February 25, 2015, 05:44:50 PM

I never put more than one Bitcoin up there. As soon as I was done trading I zapped the coins off their site and into my wallet.

I knew this was going to happen sooner or later. Why else would they pay interest. It worked for them. They tricked a lot of people into leaving their money up on their site. Now they run off with the coins claiming a hack. Either that or they were using deposits to gamble with. Why else would they pay interest to keep coins on their site?

Vircurex is now also offering interest. Wow! I'm going to get interest! I'm going to get interest! Your going to get ripped off again if you let them.

Cryptsy is also offering interest, only a tiny amount, but it's the same as Bter and Vircurex. I only started using Cryptsy the Christmas before last so I don't know if its ever been hacked. Has it ever had a hack like the Bter one?

I've never heard of Cryptsy being hacked. Tomorrow they can be hacked, they could have investments go against them, or they could run off with your coins. Don't leave more than you are willing to lose up on their site.

I lost a grand total of .02 Dollars up on the BTER site. Only because I couldn't move it off the site. That's .02 Dollars more than I wanted their greedy yellow hands to steal from me.

Thou shalt not leave more coins or fiat up on an exchange than thou is willing to lose.

After completing trades, thou shalt remove all coins from the exchange.

If the coins cannot be withdrawn thou shalt not send any more coins up to the exchange. Until at which time said coins can be withdrawn. The problem thou is having will be shared on forums all over the web until at which time the coins are returned.

If an exchange offers thou a lower than normal price for buying coins that cannot be withdrawn at this time. Turn your back and run. Lest thou be turned into a pillar of salt and lose more than thou already has.

If an offer of interest is made on coins held on an exchange. Remove all coins immediately. They are either insolvent or are trying to get as many coins as possible before they claim a hack. Deceiving thou and others and are planning to pillage as much wealth as possible

readysalted89

sr. member

Activity: 327

Merit: 250

Quote from: justmyname on February 25, 2015, 05:44:50 PM

I never put more than one Bitcoin up there. As soon as I was done trading I zapped the coins off their site and into my wallet.

I knew this was going to happen sooner or later. Why else would they pay interest. It worked for them. They tricked a lot of people into leaving their money up on their site. Now they run off with the coins claiming a hack. Either that or they were using deposits to gamble with. Why else would they pay interest to keep coins on their site?

Vircurex is now also offering interest. Wow! I'm going to get interest! I'm going to get interest! Your going to get ripped off again if you let them.

Cryptsy is also offering interest, only a tiny amount, but it's the same as Bter and Vircurex. I only started using Cryptsy the Christmas before last so I don't know if its ever been hacked. Has it ever had a hack like the Bter one?

olcaytu2005

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Activity: 1470

Merit: 1024

https://bitcointalksearch.org/topic/dataexchanges-their-way-of-using-a-fractional-reserve-and-generate-inflation-945881

justmyname

sr. member

Activity: 389

Merit: 250

I never put more than one Bitcoin up there. As soon as I was done trading I zapped the coins off their site and into my wallet.

I knew this was going to happen sooner or later. Why else would they pay interest. It worked for them. They tricked a lot of people into leaving their money up on their site. Now they run off with the coins claiming a hack. Either that or they were using deposits to gamble with. Why else would they pay interest to keep coins on their site?

Vircurex is now also offering interest. Wow! I'm going to get interest! I'm going to get interest! Your going to get ripped off again if you let them.

zazarb

legendary

Activity: 3514

Merit: 1548

Get loan in just five minutes goo.gl/8WMW6n

Quote from: tee-rex on February 25, 2015, 05:03:45 PM

Quote from: Borisz on February 25, 2015, 04:46:55 PM

Quote from: abyrnes81 on February 25, 2015, 03:58:42 PM

Another day and they don't enabled the withdrawals, amazing !

I think if they simply enabled withdrawal for everyone at once, the majority of users would withdraw funds and stop trading thereby pushing them out of business. I think they are still recovering and figuring out how to play this best.

Interestingly, I am still getting an interest on my funds at bter daily. I know this doesn't mean a thing, but nevertheless.

I get als

but it does not promise anything good...

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: Borisz on February 25, 2015, 04:46:55 PM

Quote from: abyrnes81 on February 25, 2015, 03:58:42 PM

Another day and they don't enabled the withdrawals, amazing !

I think if they simply enabled withdrawal for everyone at once, the majority of users would withdraw funds and stop trading thereby pushing them out of business. I think they are still recovering and figuring out how to play this best.

Interestingly, I am still getting an interest on my funds at bter daily. I know this doesn't mean a thing, but nevertheless.

Borisz

sr. member

Activity: 476

Merit: 251

Quote from: abyrnes81 on February 25, 2015, 03:58:42 PM

Another day and they don't enabled the withdrawals, amazing !

I think if they simply enabled withdrawal for everyone at once, the majority of users would withdraw funds and stop trading thereby pushing them out of business. I think they are still recovering and figuring out how to play this best.

abyrnes81

hero member

Activity: 714

Merit: 500

Quote from: tee-rex on February 25, 2015, 04:20:17 PM

Quote from: cshelswell on February 25, 2015, 04:10:19 PM

I think the lack of updates is a bit strange. Why turn the site back on but not update anyone as to when they'll be able to withdraw anything...

Methinks, they are going to "reload" the exchange, making withdrawals, deposits and trading possible all at once.

I'm very tired, if they will reopen I will not use again their exchange (this is sure).

tee-rex

hero member

Activity: 742

Merit: 526

Quote from: cshelswell on February 25, 2015, 04:10:19 PM

I think the lack of updates is a bit strange. Why turn the site back on but not update anyone as to when they'll be able to withdraw anything...

Methinks, they are going to "reload" the exchange, making withdrawals, deposits and trading possible all at once.

cshelswell

hero member

Activity: 615

Merit: 500

I think the lack of updates is a bit strange. Why turn the site back on but not update anyone as to when they'll be able to withdraw anything...

abyrnes81

hero member

Activity: 714

Merit: 500

Another day and they don't enabled the withdrawals, amazing !

redsn0w

legendary

Activity: 1778

Merit: 1043

#Free market

Please guys , stay on topic. Thanks for the attention.

However they (bter.com) are scamming us... more than 1 week and they still don't have enabled the altcoin withdrawals.

stdset

hero member

Activity: 572

Merit: 506

Quote from: tee-rex on February 25, 2015, 03:21:50 PM

Is it possible to create some metacoin with a single purpose of making its blockchain a decentralised exchange for trading other major coins? Say, you want to sell a bitcoin and send it to a randomly generated address whose private key is distributed across this metacoin blockchain and which will be available only to whoever sells what you want to buy.

Would such a scheme work?

Something like that is being discussed nowadays, but frankly speaking, I don't know much about it. I'd suggest googling for 'cross chain trading' to begin with.

Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 43. (Read 119723 times)