ps what did you mean with an exchange that work in a semi-autonomous mode?
Meaning it's running by itself without much attention from the operator. Slow replies to tickets (or no replies), no recent board posts, etc.
Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE | - page 7. (Read 119733 times)
September 21, 2016, 11:47:34 AM
Meaning it's running by itself without much attention from the operator. Slow replies to tickets (or no replies), no recent board posts, etc.
September 21, 2016, 11:14:28 AM
Bter could succeed still, how I think would have to be from innovation and providing service not available elsewhere. They would have to be above and beyond the best exchange in some way, in order to compensate for this standing negative
If they didn't succeed during the time after the hack, there is little to no chance of succeeding in the future. If the exchange owners had funds to make such a change, it would make sense to start another exchange in the first place, with all these new features and innovation that you are talking about. Apparently, this new exchange should have no connection with the old, discredited Bter...
But right now Bter seems to be running in semi-autonomous mode, and I guess it can run this way for many more years
well! and why they show funds stolen in balance?
You think there is a little possibility to get at least a portion one day?
ps what did you mean with an exchange that work in a semi-autonomous mode?
September 18, 2016, 01:40:57 PM
Bter could succeed still, how I think would have to be from innovation and providing service not available elsewhere. They would have to be above and beyond the best exchange in some way, in order to compensate for this standing negative
If they didn't succeed during the time after the hack, there is little to no chance of succeeding in the future. If the exchange owners had funds to make such a change, it would make sense to start another exchange in the first place, with all these new features and innovation that you are talking about. Apparently, this new exchange should have no connection with the old, discredited Bter...
But right now Bter seems to be running in semi-autonomous mode, and I guess it can run this way for many more years
September 18, 2016, 12:32:55 PM
Once upon a time the DOGE market was leading the top traded coin on bter but now is CNY
Anyone know when is the next batch of payment, I forgot when was the last time I received from them anything.
Anyone know when is the next batch of payment, I forgot when was the last time I received from them anything.
Pretty sure I've only been paid once.
Wouldn't be surprised if at some point costs exceed revenue (if they haven't already) and it becomes impossible to repay the lost funds.
Vircurex suffered a similar fate when it was hacked and they ran out of funds - seems to be limping along still, but the last payment was in January, and the second last payment was two years ago. They were supposed to be monthly payments.
Also in BTER it was supposed to receive more often the batch payment but this is not happening and their support sucks.
I think that until now they could make some small payment from the fees that they charge!
September 18, 2016, 12:32:43 PM
I dont think its impossible but yea in finance reputation counts for alot. The whole fractional reserve banking system is a house of cards in theory because massive deleveraging is possible, cue bernanke and his idea you print continually to restore confidence. Well that wont work either in the end and we'll go back to hard money, seems to be our destination. Look at Greece or elsewhere, does creating a false environment really work to restore business apparently it does not.
Bter could succeed still, how I think would have to be from innovation and providing service not available elsewhere. They would have to be above and beyond the best exchange in some way, in order to compensate for this standing negative.
Bter could succeed still, how I think would have to be from innovation and providing service not available elsewhere. They would have to be above and beyond the best exchange in some way, in order to compensate for this standing negative.
September 18, 2016, 12:13:55 PM
it's an endless loop. they can't repay without customers. who the hell's gonna trust them again apart from the uninformed? they don't deserve any trust. unless someone's market leading then they'll slowly fade away into nothing.
September 18, 2016, 12:11:13 PM
Once upon a time the DOGE market was leading the top traded coin on bter but now is CNY
Anyone know when is the next batch of payment, I forgot when was the last time I received from them anything.
Anyone know when is the next batch of payment, I forgot when was the last time I received from them anything.
Pretty sure I've only been paid once.
Wouldn't be surprised if at some point costs exceed revenue (if they haven't already) and it becomes impossible to repay the lost funds.
Vircurex suffered a similar fate when it was hacked and they ran out of funds - seems to be limping along still, but the last payment was in January, and the second last payment was two years ago. They were supposed to be monthly payments.
September 18, 2016, 07:21:51 AM
Bter sucks, they suffered NXT big hack before this BTC hack, but they learned nothing, maybe they stole their own coin, so they could lie to the investors. The worst Chinese exchange I have seen.
The trading volume of the bter is getting smaller. So traders are deserting the exchanges at the moment.
Once upon a time the DOGE market was leading the top traded coin on bter but now is CNY
Anyone know when is the next batch of payment, I forgot when was the last time I received from them anything.
September 17, 2016, 01:10:41 PM
Bter sucks, they suffered NXT big hack before this BTC hack, but they learned nothing, maybe they stole their own coin, so they could lie to the investors. The worst Chinese exchange I have seen.
The trading volume of the bter is getting smaller. So traders are deserting the exchanges at the moment.
From rags to riches and back again. It is strange that someone is still trading there. Maybe, I don't know something about Bter that still makes it attractive for a specific group of traders? Who are all those people that are allegedly trading there, any ideas? I remember their trading engine had been broken in a very peculiar way which allowed some things not possible at other exchanges...
It is highly unlikely that they fixed it after the hack
September 17, 2016, 12:19:33 PM
Bter sucks, they suffered NXT big hack before this BTC hack, but they learned nothing, maybe they stole their own coin, so they could lie to the investors. The worst Chinese exchange I have seen.
The trading volume of the bter is getting smaller. So traders are deserting the exchanges at the moment.
September 05, 2016, 05:30:41 AM
Bter sucks, they suffered NXT big hack before this BTC hack, but they learned nothing, maybe they stole their own coin, so they could lie to the investors. The worst Chinese exchange I have seen.
September 05, 2016, 05:24:20 AM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
If you look at balances there is "BTC Pending" (BTC_B) listed, and also this text appears on the page:
"Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss."
I've been paid back about 9% of my "lost" BTC, but I think there's only been the one payment so far, and it's been 18 months since the hack...
Thank you, I will check better that "Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss."
I think pretty much the same fate awaits Bitfinex, and they will sink into oblivion and darkness in just about the same time, where even their own shadows will leave them like what eventually happened to Bter. People will shy away from trading there just like they have been avoiding Bter ever since after the hack. So, there is nothing that could help them pay back the stolen money (unless they manage to return it somehow)...
120,000 bitcoins is not something you can easily get away with
September 05, 2016, 04:54:53 AM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
If you look at balances there is "BTC Pending" (BTC_B) listed, and also this text appears on the page:
"Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss."
I've been paid back about 9% of my "lost" BTC, but I think there's only been the one payment so far, and it's been 18 months since the hack...
Thank you, I will check better that "Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss."
September 04, 2016, 05:16:56 PM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
If you look at balances there is "BTC Pending" (BTC_B) listed, and also this text appears on the page:
"Notice: The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss."
I've been paid back about 9% of my "lost" BTC, but I think there's only been the one payment so far, and it's been 18 months since the hack...
September 04, 2016, 12:04:51 PM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
Did you really lose money at Bter? If you did, you would have known that what Bitfinex is now trying to do with their surrogate bitcoins had already been tried by Bter before. Needless to say that this didn't work out, and this strategy basically got Bter nowhere...
"It takes 20 years to build a reputation and five minutes to ruin it"
Yeah, sure.
I lost few bitcoins and they never repaid me, those bunch of scammers
. September 04, 2016, 11:30:30 AM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
Did you really lose money at Bter? If you did, you would have known that what Bitfinex is now trying to do with their surrogate bitcoins had already been tried by Bter before. Needless to say that this didn't work out, and this strategy basically got Bter nowhere...
"It takes 20 years to build a reputation and five minutes to ruin it"
September 04, 2016, 11:03:04 AM
bter where's my money?
Yeah, exactly where is my fuc*ing money?
Bter should give back at least a token like bitfinex did it (bfx coin) and repay lately. If not they are only scammers.
September 04, 2016, 06:19:26 AM
Have we a news?
bter where's my money?
Unfortunately they don't give back to us our money.I haven't heard from them for many months, their support don't reply or reply after few months which is a long delay.
I guess those who lost their money at Bter can safely forget about it. Just stay away from this exchange in the future. In fact, better stay away from any exchange out there (Bitfinex and Criptsy users would confirm)...
Don't invest what you can't leave to rest
We have take a good lesson from bter and other exchanges that were hacked recently.
But the bter hack was in February 2014 and it has been a while since they don't give back our money, i have a good amount there unfortunately.
In fact, it was in the February of 2015, just a year and a half ago. I was there too, and just before the hack I bought dogecoins. That saved me from losing money at Bter, but if I didn't stop Bitcoin trading altogether soon thereafter, I would have most certainly lost money later at Cryptsy...
Or at Bitfinex if I had been lucky to survive the Cryptsy scam
Yes in 2015, made a mistake above, unfortunately I had dogecoins too but because while I was sleeping the price pumped it got converted to bitcoin.
Then bitcoins were stolen and here we are, still my money in their pocket, don't know if they have an account here but this is not fear.
September 04, 2016, 05:25:46 AM
Have we a news?
bter where's my money?
Unfortunately they don't give back to us our money.I haven't heard from them for many months, their support don't reply or reply after few months which is a long delay.
I guess those who lost their money at Bter can safely forget about it. Just stay away from this exchange in the future. In fact, better stay away from any exchange out there (Bitfinex and Criptsy users would confirm)...
Don't invest what you can't leave to rest
We have take a good lesson from bter and other exchanges that were hacked recently.
But the bter hack was in February 2014 and it has been a while since they don't give back our money, i have a good amount there unfortunately.
In fact, it was in the February of 2015, just a year and a half ago. I was there too, and just before the hack I bought dogecoins. That saved me from losing money at Bter, but if I didn't stop Bitcoin trading altogether soon thereafter, I would have most certainly lost money later at Cryptsy...
Or at Bitfinex if I had been lucky to survive the Cryptsy scam
September 04, 2016, 04:10:09 AM
Have we a news?
bter where's my money?
Unfortunately they don't give back to us our money.I haven't heard from them for many months, their support don't reply or reply after few months which is a long delay.
I guess those who lost their money at Bter can safely forget about it. Just stay away from this exchange in the future. In fact, better stay away from any exchange out there (Bitfinex and Criptsy users would confirm)...
Don't invest what you can't leave to rest
We have take a good lesson from bter and other exchanges that were hacked recently.
But the bter hack was in February 2014 and it has been a while since they don't give back our money, i have a good amount there unfortunately.
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