Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 52. (Read 119723 times)
February 21, 2015, 12:17:22 PM
Someone has tried again to request a withdrawal ? I don't have any bitcoins in the site so I can't prove. However why cny, usd & nxt for first ?
February 21, 2015, 12:06:02 PM
I have some CNY on that account - but live in the European Union. Is it possible to withdraw them to europe?
February 21, 2015, 11:02:22 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
They have at least 160 bitcoins in their hot wallets. Besides that, they have 4.5 billion dogecoins in their cold wallet, which was last debited (i.e. doges withdrawn from it) in September, almost half a year ago. Thus they could sell some doges to get a few bitcoins (actually, quite a few).
And I don't mention other altcoins.
It's not exchange's doge coins it is users doge coins :||| With such logic they should use customs cny and usd to buy btc :|
How do you know? In your opinion, an exchange can't have their own money at all? Did you forget, for example, that bter (yes, bter) was the exchange behind nxt creation, and after 50 million nxt's got stolen in August they were going to reverse the transaction?
Do you know what happened after poloniex got thrashed (there is a thread here)?
February 21, 2015, 10:55:22 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
They have at least 160 bitcoins in their hot wallets. Besides that, they have 4.5 billion dogecoins in their cold wallet, which was last debited (i.e. doges withdrawn from it) in September, almost half a year ago. Thus they could sell some doges to get a few bitcoins (actually, quite a few).
And I don't mention other altcoins.
It's not exchange's doge coins it is users doge coins :||| With such logic they should use customs cny and usd to buy btc :|
February 21, 2015, 09:50:25 AM
Ok, I stand corrected. They have a few bitcoins. What are they going to do, offer them on a 'first come, first served' basis? What they have (~160) is about 2% of what they need to pay depositors.
And selling alts to pay for BTC to give back to those who lost BTC is a world of problems. Even if it isn't illegal or unethical, you can't sell such large amounts of illiquid alts without crashing the market, thereby 1) making it impractical and almost pointless, since you don't get the BTC you need, and 2) really annoying the alt depositors who just got their coins stolen by you because you got someone else's BTC stolen, and 3) really annoying the coin communities whose cryptos have just crashed in price.
Just not that simple for BTER.
And selling alts to pay for BTC to give back to those who lost BTC is a world of problems. Even if it isn't illegal or unethical, you can't sell such large amounts of illiquid alts without crashing the market, thereby 1) making it impractical and almost pointless, since you don't get the BTC you need, and 2) really annoying the alt depositors who just got their coins stolen by you because you got someone else's BTC stolen, and 3) really annoying the coin communities whose cryptos have just crashed in price.
Just not that simple for BTER.
Wait, are they sellign alts ? I thought people who had alts on the site are safe from the hack.
Don't worry, it was a hypothetical question. They're not selling alts, to my knowledge. It just wouldn't work, for the reasons above.
And I don't see them making 7k BTC from any sale, either. Maybe 2k if they're lucky.
February 21, 2015, 09:45:36 AM
Ok, I stand corrected. They have a few bitcoins. What are they going to do, offer them on a 'first come, first served' basis? What they have (~160) is about 2% of what they need to pay depositors.
I specifically added emphasis on at least. We pretty much don't know how many bitcoins they have in the stash.
And selling alts to pay for BTC to give back to those who lost BTC is a world of problems. Even if it isn't illegal or unethical, you can't sell such large amounts of illiquid alts without crashing the market, thereby 1) making it impractical and almost pointless, since you don't get the BTC you need, and 2) really annoying the alt depositors who just got their coins stolen by you because you got someone else's BTC stolen, and 3) really annoying the coin communities whose cryptos have just crashed in price.
Just not that simple for BTER.
Just not that simple for BTER.
In fact, they wouldn't need to actually sell the alts, they could just pay the debts with altcoins from their cold wallets. The best way out of this turmoil for them would be to sell the exchange, though (unless they have thousands of bitcoins at their disposal indeed).
February 21, 2015, 09:39:07 AM
Ok, I stand corrected. They have a few bitcoins. What are they going to do, offer them on a 'first come, first served' basis? What they have (~160) is about 2% of what they need to pay depositors.
And selling alts to pay for BTC to give back to those who lost BTC is a world of problems. Even if it isn't illegal or unethical, you can't sell such large amounts of illiquid alts without crashing the market, thereby 1) making it impractical and almost pointless, since you don't get the BTC you need, and 2) really annoying the alt depositors who just got their coins stolen by you because you got someone else's BTC stolen, and 3) really annoying the coin communities whose cryptos have just crashed in price.
Just not that simple for BTER.
And selling alts to pay for BTC to give back to those who lost BTC is a world of problems. Even if it isn't illegal or unethical, you can't sell such large amounts of illiquid alts without crashing the market, thereby 1) making it impractical and almost pointless, since you don't get the BTC you need, and 2) really annoying the alt depositors who just got their coins stolen by you because you got someone else's BTC stolen, and 3) really annoying the coin communities whose cryptos have just crashed in price.
Just not that simple for BTER.
February 21, 2015, 09:34:36 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
Wrong they still own ~ hundreds of bitcoins in their hot wallet, it is their choice if repay all the bitcoin or at least a percentual. They can also convert their "cold wallets of their various altcoin" and repay the costumers, it is a "difficult" scenario/story.
Their twitter says they will first enable USD, CNY, and NXT withdrawals before anything else so it doesn't seem like they are planning on selling the alts to pay back people's bitcoin losses. I tried withdrawing NXT and I got the message below. There's a similar message for bitcoin (although the balances page is not showing any bitcoin balances).
We will have to wait a while until we can withdraw.
February 21, 2015, 09:22:31 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
Wrong they still own ~ hundreds of bitcoins in their hot wallet, it is their choice if repay all the bitcoin or at least a percentual. They can also convert their "cold wallets of their various altcoin" and repay the costumers, it is a "difficult" scenario/story.
February 21, 2015, 09:22:14 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
They have at least 160 bitcoins in their hot wallets. Besides that, they have 4.5 billion dogecoins in their cold wallet, which was last debited (i.e. doges withdrawn from it) in September, almost half a year ago. Thus they could sell some doges to get a few bitcoins (actually, quite a few).
And I don't mention other altcoins.
February 21, 2015, 09:21:17 AM
WoW, Bter back online! 
Haven't checked for a few days, but it's good news right?
Haven't checked for a few days, but it's good news right?
February 21, 2015, 09:19:50 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
All their bitcoin were hacked. What would they have for you to withdraw?!
February 21, 2015, 09:12:30 AM
They have to open Bitcoin withdrawals immediately. People patiently waiting for days.
My friend told me he can't withdraw his btc, can you confirm ? Do you have the same problem ?
February 21, 2015, 09:08:31 AM
Withdrawals are still closed for the moment.
waiting...
waiting...
February 21, 2015, 08:19:25 AM
Bter.com has just opened for fiat withdrawals!
Thanks for the info ! This is their last tweet :
and now it is opened, if someone have FIAT then withdraw it as soon as possible ( or better now !).
Boom! Hacked again..
February 21, 2015, 08:04:51 AM
Bter.com has just opened for fiat withdrawals!
Thanks for the info ! This is their last tweet :
and now it is opened, if someone have FIAT then withdraw it as soon as possible ( or better now !).
February 21, 2015, 07:57:15 AM
Bter.com has just opened for fiat withdrawals!
February 21, 2015, 06:43:04 AM
Wasn't I telling you the same two posts earlier? You write down or print the transaction on paper (memorize it if you are that brutal) and then enter it into the client connected to the Internet (through a site or whatever) manually.
Yes, but once that you have created the transaction no one can "modify" it.
So also if the hacker/malicious user catch it , he can't do nothing
The matter in question is not about possibility of "modifying" transactions (or lack thereof) but about ways of stealing private keys. So, if your "cold" wallet is not connected to the Internet when you generate a new transaction (actually, even if it is never connected to the Internet, or was, or will), this in general doesn't guarantee that it can't be compromised in the end.
That's all, and let's finally call it a day.
If the pc is clean, and it never has been connected on internet (after/before) the generation of the transaction I think you can be "sure" at 99% that it is safe. You have also to check every usb key before connect it on the cold wallet's pc , and also check all the other devices (but it is better to not connect any device in the cold wallet's pc).
So at the end as you told there are a multiple things to check, and the 100% of security does not exist.
February 21, 2015, 06:17:59 AM
Wasn't I telling you the same two posts earlier? You write down or print the transaction on paper (memorize it if you are that brutal) and then enter it into the client connected to the Internet (through a site or whatever) manually.
Yes, but once that you have created the transaction no one can "modify" it.
So also if the hacker/malicious user catch it , he can't do nothing
The matter in question is not about possibility of "modifying" transactions (or lack thereof) but about ways of stealing private keys. So, if your "cold" wallet is not connected to the Internet when you generate a new transaction (actually, even if it is never connected to the Internet, or was, or will), this in general doesn't guarantee that it can't be compromised in the end.
That's all, and let's finally call it a day.
February 21, 2015, 06:00:27 AM
Wasn't I telling you the same two posts earlier? You write down or print the transaction on paper (memorize it if you are that brutal) and then enter it into the client connected to the Internet (through a site or whatever) manually.
Yes, but once that you have created the transaction no one can "modify" it.
So also if the hacker/malicious user catch it , he can't do nothing (only broadcast it
).However if someone want to broadcast my transaction, it would be very appreciated (the destination address is : 18dysRPYmsmFz7tWM99TQ3F9pV7aa3Mqat "I think"; after the broadcast of the tx check it on the blockchain, thanks).
EDIT: sorry this it the valid raw transaction :
Code:
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