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Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 60. (Read 119723 times)

legendary
Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
BTER today altcoins assets in cold wallets:

LTC - 30010 ~ 231 BTC

PPC - 92000 ~ 152 BTC

DRK - 47911 ~ 527 BTC

NXT - 35150000 ~ 1638 BTC

DOGE - 4.5 billions ~ 2700 BTC

NMC - 19111 ~ 40 BTC

BLK - 1 million ~ 73 BTC

PTS - 22400 ~ 12 BTC

QRK - 18.34 millions ~ 185 BTC

XPM - 159500 ~ 24 BTC

ZET - 27615175 ~ 124 BTC

FTC - 970000 ~ 15 BTC

MEC - 1560000 ~ 75 BTC

MAX - 2474000 ~ 82 BTC

wow. believe it or not.... still.. where's BTS?
legendary
Activity: 1778
Merit: 1043
#Free market
An important news (I can't verify it) :  http://www.reddit.com/r/Bitcoin/comments/2w5az8/rumors_from_china_bter_told_lies_and_they_never/  (added to the initial post).

There are a lot of rumours. I'm still waiting for THEM to say something.

Yes I know there are a lot of rumors but I would like only to keep this thread *updated* with the most information possible. 
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.

If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Cool

Unfortunately not.
Hacking/stealing all altcoins together from many different wallets would be extremely suspicious.
In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC.
Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves.

As if stealing from a cold wallet were not utterly suspicious by itself... Roll Eyes

Besides that, after giving out the truth about the hack (whatever it might be), they risk arresting all of their assets! Cool
sr. member
Activity: 916
Merit: 312
BTER today altcoins assets in cold wallets:

LTC - 30010 ~ 231 BTC

PPC - 92000 ~ 152 BTC

DRK - 47911 ~ 527 BTC

NXT - 35150000 ~ 1638 BTC

DOGE - 4.5 billions ~ 2700 BTC

NMC - 19111 ~ 40 BTC

BLK - 1 million ~ 73 BTC

PTS - 22400 ~ 12 BTC

QRK - 18.34 millions ~ 185 BTC

XPM - 159500 ~ 24 BTC

ZET - 27615175 ~ 124 BTC

FTC - 970000 ~ 15 BTC

MEC - 1560000 ~ 75 BTC

MAX - 2474000 ~ 82 BTC

legendary
Activity: 1764
Merit: 1031
40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.

If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Cool

Unfortunately not.
Hacking/stealing all altcoins together from many different wallets would be extremely suspicious.
In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC.
Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves.
sr. member
Activity: 476
Merit: 251
--slip--

Cryptsy (which I strongly advise against), bittrex (much better than Cryptsy), poloniex (beware, has been thrashed before due to faulty withdrawals)... Cool

Sounds like bittrex then  Grin Thanks!
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
   
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text..

I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous.

Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same... Cool
I believe now like Mintpal they are also running and not giving any coin back to customers

I hope not, they must have over a million dollars worth of alts.

A million you say?

I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth???

$1.5 million plus!

They hold millions and millions in altcoin at a guess i would go with $50+million.

Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc

Don't know about other altcoins, but they still have 4.5 billion doges sitting in their cold wallet (as of this post), which amounts to over 2.7 million dollars... Cool

The "power" of an altcoin exchange. if they go out of business, I'm curious what will happen to those altcoins  Roll Eyes

Can anyone suggest any other altcoin exchange?

Cryptsy (which I strongly advise against), bittrex (much better than Cryptsy), poloniex (beware, has been thrashed before due to faulty withdrawals)... Cool
sr. member
Activity: 476
Merit: 251
40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.

If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Cool

Anyone know the amount of DRK they had? If scamming yourself, why not use an anonymous coin?
sr. member
Activity: 476
Merit: 251
What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
   
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text..

I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous.

Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same... Cool
I believe now like Mintpal they are also running and not giving any coin back to customers

I hope not, they must have over a million dollars worth of alts.

A million you say?

I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth???

$1.5 million plus!

They hold millions and millions in altcoin at a guess i would go with $50+million.

Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc

Don't know about other altcoins, but they still have 4.5 billion doges sitting in their cold wallet (as of this post), which amounts to over 2.7 million dollars... Cool

The "power" of an altcoin exchange. if they go out of business, I'm curious what will happen to those altcoins  Roll Eyes

Can anyone suggest any other altcoin exchange?
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.

If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Cool
sr. member
Activity: 476
Merit: 251
An important news (I can't verify it) :  http://www.reddit.com/r/Bitcoin/comments/2w5az8/rumors_from_china_bter_told_lies_and_they_never/  (added to the initial post).

There are a lot of rumours. I'm still waiting for THEM to say something.

Yeah may be these are rumors but its confirmed they hacked their cold wallet. No one else or scammer hacked its the own company member did that.

Sorry I'm lost. Did they confirm that they stole from themselves? Their site still only shows the info about the bounty.
legendary
Activity: 1764
Merit: 1031
40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
   
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text..

I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous.

Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same... Cool
I believe now like Mintpal they are also running and not giving any coin back to customers

I hope not, they must have over a million dollars worth of alts.

A million you say?

I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth???

$1.5 million plus!

They hold millions and millions in altcoin at a guess i would go with $50+million.

Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc

Don't know about other altcoins, but they still have 4.5 billion doges sitting in their cold wallet (as of this post), which amounts to over 2.7 million dollars... Cool
sr. member
Activity: 266
Merit: 250
What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
   
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text..

I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous.

Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same... Cool
I believe now like Mintpal they are also running and not giving any coin back to customers

I hope not, they must have over a million dollars worth of alts.

A million you say?

I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth???

$1.5 million plus!

They hold millions and millions in altcoin at a guess i would go with $50+million.

Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc
legendary
Activity: 3234
Merit: 1654
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
An important news (I can't verify it) :  http://www.reddit.com/r/Bitcoin/comments/2w5az8/rumors_from_china_bter_told_lies_and_they_never/  (added to the initial post).

There are a lot of rumours. I'm still waiting for THEM to say something.

Yeah may be these are rumors but its confirmed they hacked their cold wallet. No one else or scammer hacked its the own company member did that.
sr. member
Activity: 476
Merit: 251
An important news (I can't verify it) :  http://www.reddit.com/r/Bitcoin/comments/2w5az8/rumors_from_china_bter_told_lies_and_they_never/  (added to the initial post).

There are a lot of rumours. I'm still waiting for THEM to say something.
legendary
Activity: 2590
Merit: 1089
What's going on...

more than 48 hours without any news, belive it or not, i'm really worring Sad

Hope the best for Bter.
legendary
Activity: 1778
Merit: 1043
#Free market
legendary
Activity: 3514
Merit: 1280
English ⬄ Russian Translation Services
Step 1. Hack yourself.
Step 2. Announce You got hacked.
Step 3. Pay ransom or give out "bounties" to yourself
Step 4. Return hacked amount, receive ransom/bountry
Step 5. Repeat step 1 - 4

In China they could sentence you to a death penalty if caught... Cool
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