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Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 55. (Read 119723 times)

legendary
Activity: 1470
Merit: 1024
If they refund the stolen bitcoins somehow I will continue using Bter, if not I'm out. Forever.

we are the same at this topic.
sr. member
Activity: 422
Merit: 250
If they refund the stolen bitcoins somehow I will continue using Bter, if not I'm out. Forever.
hero member
Activity: 742
Merit: 526
A simple question :

If they will reopen their cryptocurrency exchange, will you use it again or not ? Please (if you want) reply with the motivation, thanks.

The question is not so simple since there are many ifs and whens. In short, it all depends when they will reopen the exchange, and if they are going to reimburse the stolen funds. In my opinion, bter was the best altcoins exchange out there (I mean liquidity, before anything else).
legendary
Activity: 1778
Merit: 1043
#Free market
A simple question :

If they will reopen their cryptocurrency exchange, will you use it again or not ? Please (if you want) reply with also the motivation, thanks.



I don't have any update but there are some rumors (they will sell their exchange but I'm not sure).
hero member
Activity: 742
Merit: 526

 i dont have bitcoin on Bter. but i have data,feather and qora coin in there. is theese coin secure??

Define 'secure'. They are there, they have not been stolen. Whether or when they will be released is another question. BTER have said they will start enabling withdrawals in the next week or so. We will see.

They said that "CNY and USD withdrawals will be enabled first in these days". That was yesterday, and if they really start withdrawals of fiat one of these days, then there is hope for cryptos as well.

The website's not changed in days and there have only been three bter tweets since the hack. The lack of regular updates is worrying. People would be reassured if they posted a clear roadmap of what they plan to do and when they plan to do it. They are not handling this very well by keeping us all guessing.

They may themselves be still in suspension about what to do next. I mean if the exchange changes owner (read they are negotiating "surrender" terms right now), and all the debts are covered by this investor, then it may open as if nothing wrong has happened at all. Otherwise, they may have to cease all operations save for the withdrawals of the remaining funds only. And I don't even mention the obvious option they are just wicked scammers and are trying to buy some time to cover their tracks.
legendary
Activity: 2590
Merit: 1089
I have received this mail today (feb. 19th)

"Dear Sir,
Please kindly keep an eye on bter.com for the update

Best Regards"


Go go BTER.

Best wishes Smiley
sr. member
Activity: 327
Merit: 250

 i dont have bitcoin on Bter. but i have data,feather and qora coin in there. is theese coin secure??

Define 'secure'. They are there, they have not been stolen. Whether or when they will be released is another question. BTER have said they will start enabling withdrawals in the next week or so. We will see.

They said that "CNY and USD withdrawals will be enabled first in these days". That was yesterday, and if they really start withdrawals of fiat one of these days, then there is hope for cryptos as well.

The website's not changed in days and there have only been three bter tweets since the hack. The lack of regular updates is worrying. People would be reassured if they posted a clear roadmap of what they plan to do and when they plan to do it. They are not handling this very well by keeping us all guessing.
hero member
Activity: 742
Merit: 526

 i dont have bitcoin on Bter. but i have data,feather and qora coin in there. is theese coin secure??

Define 'secure'. They are there, they have not been stolen. Whether or when they will be released is another question. BTER have said they will start enabling withdrawals in the next week or so. We will see.

They said that "CNY and USD withdrawals will be enabled first in these days". That was yesterday, and if they really start withdrawals of fiat one of these days, then there is hope for cryptos as well.
legendary
Activity: 1764
Merit: 1031

 i dont have bitcoin on Bter. but i have data,feather and qora coin in there. is theese coin secure??

Define 'secure'. They are there, they have not been stolen. Whether or when they will be released is another question. BTER have said they will start enabling withdrawals in the next week or so. We will see.
legendary
Activity: 1470
Merit: 1024

 i dont have bitcoin on Bter. but i have data,feather and qora coin in there. is theese coin secure??
legendary
Activity: 1764
Merit: 1031
Google translate on their Weibo page suggests that the hacker compromised the mechanism for refilling the hot wallet from the 'cold', allowing them to empty it.
hero member
Activity: 742
Merit: 526
High time to develop a cryptocurrency specifically suited for trading at exchanges without losing hold of it until the deal is stricken. Is this ever possible if only in theory?

InstantDEX will launch in beta on Friday. Distributed near-realtime exchange. Should solve a few problems.
Crypto is supposed to be decentralised: that's the point. You don't solve the problems of centralisation by created better centralised exchanges.

Thanx for the info. Will certainly try it out when it opens. I hope the orders at such an exchange will be executed as smooth.

They still don't reply to me, I'm very sad and I don't know what should I do.

The best thing is to forget about the money for the moment.

 Undecided Undecided , but this is not correct. I've lost ~ 3,4 bitcoin on bter.com .

I'm sure that many people here lost even more, and they also hope to be able to withdraw their money from bter one day. But with the present lack of information it is better to think that the money has been irrevocably lost and gone. Don't work up yourself with unfounded hopes.

any full report yet about this?i am very eager to know how the hell did their cold wallet got stolen anyway

This is the last thing that they would want to provide given their attitude toward us. We could as well hope that the hacker would decide to share this info.
hero member
Activity: 840
Merit: 1000
High time to develop a cryptocurrency specifically suited for trading at exchanges without losing hold of it until the deal is stricken. Is this ever possible if only in theory?

InstantDEX will launch in beta on Friday. Distributed near-realtime exchange. Should solve a few problems.
Crypto is supposed to be decentralised: that's the point. You don't solve the problems of centralisation by created better centralised exchanges.

Thanx for the info. Will certainly try it out when it opens. I hope the orders at such an exchange will be executed as smooth.

They still don't reply to me, I'm very sad and I don't know what should I do.

The best thing is to forget about the money for the moment.

 Undecided Undecided , but this is not correct. I've lost ~ 3,4 bitcoin on bter.com .

I'm sure that many people here lost even more, and they also hope to be able to withdraw their money from bter one day. But with the present lack of information it is better to think that the money has been irrevocably lost and gone. Don't work up yourself with unfounded hopes.

any full report yet about this?i am very eager to know how the hell did their cold wallet got stolen anyway
hero member
Activity: 742
Merit: 526
High time to develop a cryptocurrency specifically suited for trading at exchanges without losing hold of it until the deal is stricken. Is this ever possible if only in theory?

InstantDEX will launch in beta on Friday. Distributed near-realtime exchange. Should solve a few problems.
Crypto is supposed to be decentralised: that's the point. You don't solve the problems of centralisation by created better centralised exchanges.

Thanx for the info. Will certainly try it out when it opens. I hope the orders at such an exchange will be executed as smooth.

They still don't reply to me, I'm very sad and I don't know what should I do.

The best thing is to forget about the money for the moment.

 Undecided Undecided , but this is not correct. I've lost ~ 3,4 bitcoin on bter.com .

I'm sure that many people here lost even more, and they also hope to be able to withdraw their money from bter one day. But with the present lack of information it is better to think that the money has been irrevocably lost and gone. Don't work up yourself with unfounded hopes.
hero member
Activity: 714
Merit: 500
High time to develop a cryptocurrency specifically suited for trading at exchanges without losing hold of it until the deal is stricken. Is this ever possible if only in theory?

InstantDEX will launch in beta on Friday. Distributed near-realtime exchange. Should solve a few problems.
Crypto is supposed to be decentralised: that's the point. You don't solve the problems of centralisation by created better centralised exchanges.

Thanx for the info. Will certainly try it out when it opens. I hope the orders at such an exchange will be executed as smooth.

They still don't reply to me, I'm very sad and I don't know what should I do.

The best thing is to forget about the money for the moment.

 Undecided Undecided , but this is not correct. I've lost ~ 3,4 bitcoin on bter.com .
full member
Activity: 154
Merit: 100
♥Bitcoin-Ethereum-Ripple♥
Has anybody else made a link with wallets that have commented to satoshiDICE?
member
Activity: 81
Merit: 10
Will this make the price of bitcoind down ?

for the moment no, they will put the money in the wallet for a long time, perhaps month, until people forget about this and start moving it to exchanger, moving it now is pretty risky

Already moving it since yesterday , 1 wallet at time 500 a piece , 2 wallets already moved , 5 to go
newbie
Activity: 3
Merit: 0
Tragic day for anybody with funds on BTER  Angry Hope there was no real big loser who trusted them!

Where are the alt coins any word yet?
hero member
Activity: 742
Merit: 526
Will this make the price of bitcoind down ?

AFAIK the bitcoind is free, you can download it off the bitcoin site. Wink If they are smart, they sell little by little, over a long time, in many places.

With an ever increasing probability of being caught finally. And it won't help if they are going to sell the loot in small portions.
hero member
Activity: 553
Merit: 500
Solo Miner Legend
Will this make the price of bitcoind down ?

AFAIK the bitcoind is free, you can download it off the bitcoin site. Wink If they are smart, they sell little by little, over a long time, in many places.
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