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Topic: Instawallet down ?!?! (Read 1316 times)

sr. member
Activity: 364
Merit: 250
American1973
July 13, 2013, 04:51:09 PM
#27
BOMP

Any payouts from instawallet yet?
sr. member
Activity: 364
Merit: 250
American1973
June 22, 2013, 05:30:22 PM
#26
^ thanks

seems to be a good sticky for the newbie forum here, since they're (newbies) likely to be the most victimized as this goes on and criminals sink their own ships and run with the bag.  Hoping i-w does right and restores coins.

Make coin thieves miserable, says I.
BCB
vip
Activity: 1078
Merit: 1002
BCJ
June 22, 2013, 04:05:13 PM
#25
I believe payout are scheduled to begin July 1, 2013
sr. member
Activity: 364
Merit: 250
American1973
June 22, 2013, 04:02:01 PM
#24
any news about instawallet vengeance/reprisal/justice for them what have their coins stolen?
newbie
Activity: 15
Merit: 0
April 04, 2013, 12:43:46 PM
#23
Lots of people lost their money. Maybe instal wallet did this on purpose.
sr. member
Activity: 364
Merit: 250
American1973
April 04, 2013, 12:06:24 PM
#22
Keep this thread alive, look at all the numbnuts on these forums giving people bad advice!

More security and less litigation in the post-theft anaylsis will be best, if bitcoin is not to be destroyed. 
No, how about lets not. Lets just hope that this one blows over without a shitfit occurring, and not let the government get involved with the BTC rally going on right now.

"Blow over" means what, that more scum gets to trick newbies into losing their coins?  IS that what you think will make bitcoin successful?

IT security is an irreducable component of bitcoin having any endurance into its proposed decades-long life.  This won't "blow over" though the price may still rise, it only encourages more theft.

Sure, all the smart little nerds can now mock people as they are doing, "Dood you had an online wallet?!  Sucks for you, haha!" and crap like that, but in the end, people are not going to keep their wallet offline in armory, they will want web based wallets that have actual people behind them who understand IT security.
full member
Activity: 133
Merit: 100
April 04, 2013, 11:43:32 AM
#21
how many of these online wallets sites got "hacked" and shutdown? How many times did the users get their btc back? Stats are not in the users' favor.
full member
Activity: 612
Merit: 102
Chromia - Relational Blockchain
April 04, 2013, 11:14:56 AM
#20
I had there about 0.002 from free sites. Should I care to submit it? I mean will they send it when minimal transaction to send was 0.01 ?

Of course you should. Or you could just give the credentials to someone who does care about it (ie. me).

Otherwise you will let these people get your money for free, which would be a shame when they've done such a disservice to the whole community.

It seems the requesting form will be available in few days. From the form should be clear if amouts under 0.01 can be requested
newbie
Activity: 56
Merit: 0
April 04, 2013, 11:09:20 AM
#19
What is dodgy about Instawallet dying (I had nothing in there) is that they get hacked, and they say "We are done but we have a Byzantine Refund policy for you to follow" with little or no details of the hack that brought them down or how a hack that could bring them down so permanently.

Of course the refunds will be given in bitcoin.  But I wonder how long it will take for those with less than 50 BTC in an instawallet?  We know it will take longer for more than 50 BTC.

Researching Paymium, the company that owns Instawallet, shows they also own Paytunia, which supports transactions in Europs over the bitcoin network and also offers a wallet service, they too are down but trying to get back up, and it should be noted that they are trying to get back up because they deal in Eur, GBP and USD as well as BTC, so I think there is some banking regulation that requires them to not shut down and to make conditions for past trades.

https://paytunia.com/



newbie
Activity: 14
Merit: 0
April 04, 2013, 09:51:08 AM
#18
cant believe i'll have to wait 90days to get back my coins from them.  Angry


You really think you're going to get your coins back at all?

i honestly dont think so. i just have 0.00125. its not worth waiting for 90days. i just feel for those who have much coins with them. poor folks.
full member
Activity: 133
Merit: 100
April 04, 2013, 09:42:10 AM
#17
Instawallet was hacked or "hacked" ... depending on how much you trust the news mentioned here http://www.cnbc.com/id/100615508
sr. member
Activity: 441
Merit: 250
April 04, 2013, 09:37:03 AM
#16
I had there about 0.002 from free sites. Should I care to submit it? I mean will they send it when minimal transaction to send was 0.01 ?

Of course you should. Or you could just give the credentials to someone who does care about it (ie. me).

Otherwise you will let these people get your money for free, which would be a shame when they've done such a disservice to the whole community.
donator
Activity: 294
Merit: 250
April 04, 2013, 09:29:11 AM
#15
cant believe i'll have to wait 90days to get back my coins from them.  Angry


You really think you're going to get your coins back at all?
newbie
Activity: 14
Merit: 0
April 04, 2013, 09:26:43 AM
#14
I had there about 0.002 from free sites. Should I care to submit it? I mean will they send it when minimal transaction to send was 0.01 ?
you could give it a try. maybe contact them via email. i have 0.0125 with them. for me i think its not worth the hassle.
full member
Activity: 612
Merit: 102
Chromia - Relational Blockchain
April 04, 2013, 09:23:56 AM
#13
I had there about 0.002 from free sites. Should I care to submit it? I mean will they send it when minimal transaction to send was 0.01 ?
newbie
Activity: 14
Merit: 0
April 04, 2013, 09:04:09 AM
#12
cant believe i'll have to wait 90days to get back my coins from them.  Angry
newbie
Activity: 14
Merit: 0
April 04, 2013, 09:02:42 AM
#11
As of now instawallet is officially down. seems they got hacked or compromised. here is what the site displays:

INSTAWALLET SERVICE NOTICE

The Instawallet service is suspended indefinitely until we are able to develop an alternative architecture.

Our database was fraudulently accessed, due to the very nature of Instawallet it is impossible to reopen the service as-is.

In the next few days we are going to open the claim process for Instawallet balance holders to claim the funds they had stored before the service interruption.

Important information on claims submission:

1   For the first 90 days we will accept claims for individual Instawallets. Your wallet's URL and key will be used to pre-populate a form to file the claim.

2    After 90 days, if no other claim has been received for the same url, your Instawallet balance under 50 BTC will be refunded. If several claims have been filed for the same url, we will  process those claims on a case by case basis, under the presumption that the claim we received first belongs to the legitimate balance holder.

3    Claims for wallets that hold a balance greater than 50 BTC will be processed on a case by case and best efforts basis.
full member
Activity: 168
Merit: 100
April 03, 2013, 01:30:30 PM
#10
I cant go to website, anyone else?

If there was a problem, it doesn't persist.

Quote
It's just you. http://instawallet.org is up.


 - http://www.downforeveryoneorjustme.com/instawallet.org


What does "up" mean? Does that mean "showing the we are down HTML page" or does it mean "actually working?"

This thread I bounced here is a relic now, from the days of yore.  The days before Instawallet got hacked.

In the years afterward, people became less trusting of web based wallets where they OBVIOUSLY know your private key, because their own web server has to serve it to you. 

So, Kazu, did you use Instawallet?  And do you have a lawyer who is advising you to sue them, since they are only dealing with 50+ coin wallets on a case by case basis?
If I needed to sue them, then I'd be screwed. I had a grand total of maybe $2 worth of BTC in there. My 'fortune' is safely on my own PC Smiley

Quote
And to answer your question, yes, a website can be up or down, for each user.  This pertains to many variables like web connection, Internet outages, etc.  But Instawallet is not only down, its in flames, apparently.
I surely hope not. Instawallet dying could severely hurt bitcoins. I know that a website can be up or down for each individual user, I never asked that question.

Quote
Keep this thread alive, look at all the numbnuts on these forums giving people bad advice!

More security and less litigation in the post-theft anaylsis will be best, if bitcoin is not to be destroyed. 
No, how about lets not. Lets just hope that this one blows over without a shitfit occurring, and not let the government get involved with the BTC rally going on right now.
sr. member
Activity: 364
Merit: 250
American1973
April 03, 2013, 01:25:36 PM
#9
I cant go to website, anyone else?

If there was a problem, it doesn't persist.

Quote
It's just you. http://instawallet.org is up.


 - http://www.downforeveryoneorjustme.com/instawallet.org


What does "up" mean? Does that mean "showing the we are down HTML page" or does it mean "actually working?"

This thread I bounced here is a relic now, from the days of yore.  The days before Instawallet got hacked.

In the years afterward, people became less trusting of web based wallets where they OBVIOUSLY know your private key, because their own web server has to serve it to you. 

So, Kazu, did you use Instawallet?  And do you have a lawyer who is advising you to sue them, since they are only dealing with 50+ coin wallets on a case by case basis?

And to answer your question, yes, a website can be up or down, for each user.  This pertains to many variables like web connection, Internet outages, etc.  But Instawallet is not only down, its in flames, apparently.

Keep this thread alive, look at all the numbnuts on these forums giving people bad advice!

More security and less litigation in the post-theft anaylsis will be best, if bitcoin is not to be destroyed. 
full member
Activity: 168
Merit: 100
April 03, 2013, 01:15:58 PM
#8
I cant go to website, anyone else?

If there was a problem, it doesn't persist.

Quote
It's just you. http://instawallet.org is up.


 - http://www.downforeveryoneorjustme.com/instawallet.org


What does "up" mean? Does that mean "showing the we are down HTML page" or does it mean "actually working?"
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