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Topic: Coinfire Bitstamp update - page 4. (Read 7071 times)

legendary
Activity: 1232
Merit: 1001
mining is so 2012-2013
January 05, 2015, 07:23:42 PM
#69
$5 million or about 10% of their bitcoins are gone. Bitstamp will live I guess but that stings.

http://ow.ly/2SVmqJ
legendary
Activity: 840
Merit: 1000
January 05, 2015, 06:38:16 PM
#68
The Bitcoin price will fall in the next day/s
It has already gone down quite a lot before this happened!
hero member
Activity: 597
Merit: 504
January 05, 2015, 06:25:23 PM
#67
It's that damn Johoe again...

and BTW Johoe = Satoshi Nakamoto
hero member
Activity: 521
Merit: 500
January 05, 2015, 05:25:00 PM
#66
Came across this now, bad news and bad time for all those who have their coins stuck.
If Bitstamp becomes like Gox, its going to hurt investor confidence a lot. Bad time for this to have happened.
legendary
Activity: 1470
Merit: 1004
January 05, 2015, 05:20:35 PM
#65
here you have more posts about Bitstamp :  https://bitcointalk.org/index.php?board=85
legendary
Activity: 1974
Merit: 1029
January 05, 2015, 04:34:50 PM
#64
https://bitcointalksearch.org/user/nejc-kodric-bitstampnet-38966

You see. Vod knew this long time ago, that Bitstamp is scam. He placed negative trust to one of Bitstamp owner half year ago. If more people would listen to Vod, world of crypto would be much safer.

That was because of a totally unrelated issue. But yeah, I see what you did there Tongue.
hero member
Activity: 728
Merit: 500
January 05, 2015, 04:17:37 PM
#63
Guys relax, this has been done at least a couple of times the last year and Bitstamp took care everything.

I can remember it took 48h or something if not mistaken last time to open up again.

legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
January 05, 2015, 04:13:15 PM
#62
Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.

I said above. these things will takes months and BitStamp won't afford(because they don't want to lose any cent) to cover the losses and to keep the company expenses.

Bitstamp credibility is zero at this point. No update since 12 hours ago. They didn't understand that they are playing with people's money not with bricks.

Their customers must ask the money back by bank wire. Their bank account is STILL functional.
Almost all their BTC must be backed in real money, right?
I would ask the money today not tomorrow.

Must be trolling or new.
Grin Grin good one! (real money)

Just relax, everything is going to be all fine...
legendary
Activity: 2786
Merit: 1031
January 05, 2015, 04:09:59 PM
#61
Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.

I said above. these things will takes months and BitStamp won't afford(because they don't want to lose any cent) to cover the losses and to keep the company expenses.

Bitstamp credibility is zero at this point. No update since 12 hours ago. They didn't understand that they are playing with people's money not with bricks.

Their customers must ask the money back by bank wire. Their bank account is STILL functional.
Almost all their BTC must be backed in real money, right?
I would ask the money today not tomorrow.

Last update was 8 hours ago, at least give them some time to assess the problem before start screaming fire...

https://twitter.com/nejc_kodric/status/552091195795845120
legendary
Activity: 1022
Merit: 1008
Delusional crypto obsessionist
January 05, 2015, 04:05:54 PM
#60
Calm the fuck down everyone.
Ofcourse it is very sad you are not able to trade, however, your coins are safe.
I hope you are able to trade before the bottom.

Bitstamp will prove that this market is robust after the mtgox drama
legendary
Activity: 2730
Merit: 1288
January 05, 2015, 04:04:03 PM
#59
https://bitcointalksearch.org/user/nejc-kodric-bitstampnet-38966

You see. Vod knew this long time ago, that Bitstamp is scam. He placed negative trust to one of Bitstamp owner half year ago. If more people would listen to Vod, world of crypto would be much safer.
sr. member
Activity: 392
Merit: 250
January 05, 2015, 03:02:05 PM
#58
Bigger exchanges like that should get their shit together, that wont't be good if this happens to be the same thing as gox just hope it's not.  Lips sealed
sr. member
Activity: 378
Merit: 250
January 05, 2015, 02:59:20 PM
#57
They earn 18k btc in 2 month but im afraid
hero member
Activity: 714
Merit: 500
January 05, 2015, 02:56:54 PM
#56
A lot of panic in here.
I hope they will recover. So far it doesn't seem as bad as many suggest, but just time can tell ...
hero member
Activity: 1666
Merit: 565
January 05, 2015, 02:52:02 PM
#55
how can i know if they lost MY btc? i can't even log in!

Bitstamp said they will cover the loss, probably by their own money. And they should do that to regain some of their business's reputation, otherwise nobody would trade on their site anymore.

where can i find their statement about this?

Quote
Customer deposits made prior to January 5th, 2015 9:00 UTC are fully covered by Bitstamp’s reserves. Deposits made to newly issued addresses provided after January 5th, 2015 9:00 UTC can be honored.

https://www.bitstamp.net/

ah well, thanks!

hope they will do what they have wrote Smiley
hero member
Activity: 672
Merit: 500
January 05, 2015, 02:08:48 PM
#54
I believe, this is a temporal fault...
legendary
Activity: 1470
Merit: 1004
January 05, 2015, 02:01:48 PM
#53
Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.

I said above. these things will takes months and BitStamp won't afford(because they don't want to lose any cent) to cover the losses and to keep the company expenses.

Bitstamp credibility is zero at this point. No update since 12 hours ago. They didn't understand that they are playing with people's money not with bricks.

Their customers must ask the money back by bank wire. Their bank account is STILL functional.
Almost all their BTC must be backed in real money, right?
I would ask the money today not tomorrow.
hero member
Activity: 672
Merit: 500
January 05, 2015, 01:56:57 PM
#52
Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.
legendary
Activity: 1470
Merit: 1004
January 05, 2015, 01:56:05 PM
#51
Doesn't Coinbase use Bitstamp in some way to process things for them?


yes, they are partially interconnected. same as Bitfinex.
sr. member
Activity: 271
Merit: 250
January 05, 2015, 01:49:15 PM
#50
Doesn't Coinbase use Bitstamp in some way to process things for them?
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