BTW: If they are close to bankruptsy they are not allowed by law to give money/coins back to a single or a group of persons ("They lost BTC only, so all others should get FIAT/altcoins back." -> NO). It doesn't matter if they lost BTC, LTC, FIAT or something else. In the situation of a bankruptsy they will add their whole assets and this total is divided to all creditors.
I think they check their liquidity at the moment, also in case of an exchange run.
Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 47. (Read 119723 times)
February 24, 2015, 08:30:34 AM
February 24, 2015, 08:18:24 AM
I'm not overly optimistic myself (rather playing bter's advocate here), but if they were going to continue operations in the future (read being able to get the stolen bitcoins back or refund them somehow in the foreseeable future), allowing the withdrawals right now without being able to pay out the bitcoin debt would not be a very wise decision.
I don't know what is happening at bter.
I don't know what's going with bter too but they or either scamers or idiots.
I can remember at least two exchange which lost all btc:
Let's look on vircurex, they just holded btc and ltc balance, and promissed to pay it with fee, sure they never could do it (amont was too big) but they didn't close exchage and although right now them volume is almost 0 this exchange still working, in almost 2 years after hack.
C-cex they lost all btc in mounth after opening, they as well just null btc users' balance and promissed to pay it with fee. They still didn't pay out full dept but they are working and trading.
Poloniex is proly bad example since they lost only 50 btc and payed it back already.
What prevent bter to null our btc balance, put it on hold, cancel all orders on btc markets and run exchange like a usual? There are lot of cny markets and a lot of cny on exchange. They could open btc markets even with new deposited btc and they proly could save customers if people would see that exchange operate like a usual :|
This question is pretty easy to answer. Since they didn't lose all bitcoins (and they know that we know this), thus they can't just zero all their clients' btc balances. Add to this the fact that we pretty much don't know what they have in their stash. We know just about one bter hot wallet which holds 170 bitcoins (and a few smaller ones).
Just checked, it now has 180 bitcoins!
February 24, 2015, 08:13:52 AM
I'm not overly optimistic myself (rather playing bter's advocate here), but if they were going to continue operations in the future (read being able to get the stolen bitcoins back or refund them somehow in the foreseeable future), allowing the withdrawals right now without being able to pay out the bitcoin debt would not be a very wise decision.
I don't know what is happening at bter.
I don't know what's going with bter too but they or either scamers or idiots.
I can remember at least two exchange which lost all btc:
Let's look on vircurex, they just holded btc and ltc balance, and promissed to pay it with fee, sure they never could do it (amont was too big) but they didn't close exchage and although right now them volume is almost 0 this exchange still working, in almost 2 years after hack.
C-cex they lost all btc in mounth after opening, they as well just null btc users' balance and promissed to pay it with fee. They still didn't pay out full dept but they are working and trading.
Poloniex is proly bad example since they lost only 50 btc and payed it back already.
What prevent bter to null our btc balance, put it on hold, cancel all orders on btc markets and run exchange like a usual? There are lot of cny markets and a lot of cny on exchange. They could open btc markets even with new deposited btc and they proly could save customers if people would see that exchange operate like a usual :|
PS. I do not belive that they are such idiots, who are killing exchange themself.. i see as they do not care about exchange already and just buying time
February 24, 2015, 07:54:09 AM
yeh 3 days same picture, even promissed nxt withdraw still not working.
Hope f.. scums not just buying time to run away.
Hope f.. scums not just buying time to run away.
The only plausible explanation for the delay (apart from the obvious one, i.e. that of scamming) is that they are negotiating terms of surrender, either themselves to an investor, or the robber to return the stolen funds. As I know, the August nxt robbery also took some time to get resolved (though the exchange didn't cease operations back then).
Nevertheless, if I lived in China, I would have already taken legal measures to call for reimbursement of my funds by the exchange.
That's all has no relation with 5-6k btc worth altcoins still holded by them. Nothing prevent them to open withdraw, nothing, exept fact they just not gonna do it.. I already forgot about my btc lost there, but i want my doges and ltc!
No updates, no dialog, support stop answer on mails and online support just auto disconnect session, more time pass, less chance to return money..
I'm not overly optimistic myself (rather playing bter's advocate here), but if they were going to continue operations in the future (read being able to get the stolen bitcoins back or refund them somehow in the foreseeable future), allowing the withdrawals right now without being able to pay out the bitcoin debt would not be a very wise decision.
I don't know what is happening at bter.
February 24, 2015, 07:41:28 AM
yeh 3 days same picture, even promissed nxt withdraw still not working.
Hope f.. scums not just buying time to run away.
Hope f.. scums not just buying time to run away.
The only plausible explanation for the delay (apart from the obvious one, i.e. that of scamming) is that they are negotiating terms of surrender, either themselves to an investor, or the robber to return the stolen funds. As I know, the August nxt robbery also took some time to get resolved (though the exchange didn't cease operations back then).
Nevertheless, if I lived in China, I would have already taken legal measures to call for reimbursement of my funds by the exchange.
That's all has no relation with 5-6k btc worth altcoins still holded by them. Nothing prevent them to open withdraw, nothing, exept fact they just not gonna do it.. I already forgot about my btc lost there, but i want my doges and ltc!
No updates, no dialog, support stop answer on mails and online support just auto disconnect session, more time pass, less chance to return money..
February 24, 2015, 07:31:32 AM
yeh 3 days same picture, even promissed nxt withdraw still not working.
Hope f.. scums not just buying time to run away.
Hope f.. scums not just buying time to run away.
The only plausible explanation for the delay (apart from the obvious one, i.e. that of scamming) is that they are negotiating terms of surrender, either themselves to an investor, or the robber to return the stolen funds. As I know, the August nxt robbery also took some time to get resolved (though the exchange didn't cease operations back then).
Nevertheless, if I lived in China, I would have already taken legal measures to call for reimbursement of my funds by the exchange.
February 24, 2015, 07:24:59 AM
yeh 3 days same picture, even promissed nxt withdraw still not working.
Hope f.. scums not just buying time to run away.
Hope f.. scums not just buying time to run away.
I hope they will not run as mintpal did in the past, at least pay the altcoins to all the "costumers" and after close (because I don't think they can pay all the 7k bitcoins).
February 24, 2015, 07:21:22 AM
yeh 3 days same picture, even promissed nxt withdraw still not working.
Hope f.. scums not just buying time to run away.
Hope f.. scums not just buying time to run away.
February 24, 2015, 05:57:20 AM
What that fuc*, I still can't withdraw my coins. What the hell? I think they are starting to scam us.
February 24, 2015, 04:50:49 AM
I have 6.6BTC in my bter account separated in many coins (BTS, NMC...). Someone wants to buy my account for only 4.5BTC
Too tired to look at the screen all the time. 
((
Too tired to look at the screen all the time. ((I don't know man, honestly it sounds tempting but there is just to much of the risk at the moment to lose 4,5 BTCs. I think that this is too much..
For now it's like buying GOX coins, I'll pay 0.66BTC for that
I have a hope because all my money is separated in Altcoin, not BTC. But I don't know why they do not allow me to withdraw my Altcoin
(Maybe Satoshi is willing to buy the exchange with all the funds included and kill all the Altcoins on the exchange
Seriously, maybe there is a potential buyer..
February 24, 2015, 04:37:55 AM
I have 6.6BTC in my bter account separated in many coins (BTS, NMC...). Someone wants to buy my account for only 4.5BTC Too tired to look at the screen all the time. ((
Too tired to look at the screen all the time. ((I don't know man, honestly it sounds tempting but there is just to much of the risk at the moment to lose 4,5 BTCs. I think that this is too much..
For now it's like buying GOX coins, I'll pay 0.66BTC for that
I have a hope because all my money is separated in Altcoin, not BTC. But I don't know why they do not allow me to withdraw my Altcoin
( February 24, 2015, 04:14:18 AM
Have they reenabled trading on the site or is it only for the withdrawls ?
They enabled neither trading nor withdrawals as of yet, sorry (just checked). And you can't deposit either, if you're curious.
All you can check is your balances of USD, CNY, and NXT. No other coin balances show up.
(Today) Has someone tried to request a withdrawal? This story is very insane, also about the deleted tweet (maybe they have made an error).
Nope, I've just tried (have some 0.005454 CNY, don't remember where this sum came from). Hope someone has finally decided to sue them.
February 24, 2015, 03:43:37 AM
I have 6.6BTC in my bter account separated in many coins (BTS, NMC...). Someone wants to buy my account for only 4.5BTC Too tired to look at the screen all the time. ((
Too tired to look at the screen all the time. ((I don't know man, honestly it sounds tempting but there is just to much of the risk at the moment to lose 4,5 BTCs. I think that this is too much..
For now it's like buying GOX coins, I'll pay 0.66BTC for that
February 24, 2015, 03:33:10 AM
I have 6.6BTC in my bter account separated in many coins (BTS, NMC...). Someone wants to buy my account for only 4.5BTC Too tired to look at the screen all the time. ((
Too tired to look at the screen all the time. ((I don't know man, honestly it sounds tempting but there is just to much of the risk at the moment to lose 4,5 BTCs. I think that this is too much..
February 24, 2015, 03:27:36 AM
Have they reenabled trading on the site or is it only for the withdrawls ?
They enabled neither trading nor withdrawals as of yet, sorry (just checked). And you can't deposit either, if you're curious.
So what a hell are they doing all this time?
February 24, 2015, 02:19:03 AM
I have 6.6BTC in my bter account separated in many coins (BTS, NMC...). Someone wants to buy my account for only 4.5BTC Too tired to look at the screen all the time. ((
Too tired to look at the screen all the time. (( February 24, 2015, 01:07:36 AM
Have they reenabled trading on the site or is it only for the withdrawls ?
They enabled neither trading nor withdrawals as of yet, sorry (just checked). And you can't deposit either, if you're curious.
All you can check is your balances of USD, CNY, and NXT. No other coin balances show up.
(Today) Has someone tried to request a withdrawal? This story is very insane, also about the deleted tweet (maybe they have made an error).
February 23, 2015, 05:09:33 PM
Have they reenabled trading on the site or is it only for the withdrawls ?
They enabled neither trading nor withdrawals as of yet, sorry (just checked). And you can't deposit either, if you're curious.
All you can check is your balances of USD, CNY, and NXT. No other coin balances show up.
February 23, 2015, 11:57:25 AM
Have they reenabled trading on the site or is it only for the withdrawls ?
They enabled neither trading nor withdrawals as of yet, sorry (just checked). And you can't deposit either, if you're curious.
February 23, 2015, 11:56:35 AM
Have they reenabled trading on the site or is it only for the withdrawls ?
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