Basically, Bter seem solid, and are trying to do the right thing; they just need time to sort themselves out.
Just a shame certain individual/s want to selfishly undermine this, by polluting the thread with their utterly deluded conspiracy theories on nxtforum. 
Topic: | Nxt | Blockchain Platform | Proof of Stake | Official - page 274. (Read 941287 times)
No, increase ALL the fees site wide a small percentage. The hack was due to BTERs lax security. Just because NXT was what was stolen doesn't mean only the NXT community should pay for it.
That doesn't change the fact that they run on fractional reserve. If they increase trading fees but remove cashout fee, then all cash out and the last persons to cashout have non left to cashout.
I think the 3% wasn't so much to punish the Nxt community, or to make back the loss quicker, as to discourage a run on the exchange as soon as withdrawals were reopened. Basically, Bter seem solid, and are trying to do the right thing; they just need time to sort themselves out.
The Bitcoin Group #43 -- NXT Theft -
https://www.youtube.com/watch?feature=player_detailpage&v=qFjqxms7kqk#t=668
https://www.youtube.com/watch?feature=player_detailpage&v=qFjqxms7kqk#t=668
Looks like NXT is getting some love here......good stuff !
To anyone who hasn't been keeping up: 43 million of the stolen NXT has been recovered, there has been no rollback.
BTER is back up and running, so we're all good.....
https://twitter.com/CoinsSource/status/502980773939380224
Article
http://www.coinssource.com/bter-exclusive-interview-and-patented-security/
Exclusive interview with Bter and the NXT situation. Hope you guys recover your lost coins
Cheers
nxtexplorer update
added dgs (browser + keywordsearch): http://nxtexplorer.com/nxt/nxt.cgi?action=120
added alias (buy/sell + enhanced keywordsearch) : http://nxtexplorer.com/nxt/nxt.cgi?action=50
enhanced peerforge & mining calculator ( forging estimates): http://nxtexplorer.com/nxt/nxt.cgi?action=160
added dgs (browser + keywordsearch): http://nxtexplorer.com/nxt/nxt.cgi?action=120
added alias (buy/sell + enhanced keywordsearch) : http://nxtexplorer.com/nxt/nxt.cgi?action=50
enhanced peerforge & mining calculator ( forging estimates): http://nxtexplorer.com/nxt/nxt.cgi?action=160
The Bitcoin Group #43 -- NXT Theft -
https://www.youtube.com/watch?feature=player_detailpage&v=qFjqxms7kqk#t=668
https://www.youtube.com/watch?feature=player_detailpage&v=qFjqxms7kqk#t=668
SinanBoom - Friends
Now on the NXT Marketplace
NXT-UAET-QUMF-7NAK-72H2T
he EP is a collection of tracks, reflecting the people who have been involved in its development and production. ‘After finishing school I went to Berlin to make some connections and write music,’ SinanBoom says. ‘I made great friends there – singers, bassists, drummers, guitarists, producers. Then a friend told me I should produce an EP instead of just publishing the tracks on SoundCloud.’
In addition to the various musicians, he worked with painters on the cover art, mixing engineers and filmmakers, who created his music videos. The result was labour of love that encompasses many themes and influences. ‘This project is a crossover project for me, because there are so many different styles in it. There is hiphop, experimental and atmospheric material, German music, English music... but everything combines with my own style. Every song on this EP has a story and that’s one of the things I am so proud of. I put all my heart into it and tried to make the best of it. So I called this EP “Friends”, because the people I worked with are my friends and not just colleagues or strangers.’
More Information:
http://www.sinanboom.com
https://soundcloud.com/sinan-bom
https://www.facebook.com/pages/Sinan-Boom/276442852562109
https://twitter.com/SinanBoom
YAY!
SinanBoom - Friends
Now on the NXT Marketplace
http://sinanboom.com/cover.jpg
NXT-UAET-QUMF-7NAK-72H2T
he EP is a collection of tracks, reflecting the people who have been involved in its development and production. ‘After finishing school I went to Berlin to make some connections and write music,’ SinanBoom says. ‘I made great friends there – singers, bassists, drummers, guitarists, producers. Then a friend told me I should produce an EP instead of just publishing the tracks on SoundCloud.’
In addition to the various musicians, he worked with painters on the cover art, mixing engineers and filmmakers, who created his music videos. The result was labour of love that encompasses many themes and influences. ‘This project is a crossover project for me, because there are so many different styles in it. There is hiphop, experimental and atmospheric material, German music, English music... but everything combines with my own style. Every song on this EP has a story and that’s one of the things I am so proud of. I put all my heart into it and tried to make the best of it. So I called this EP “Friends”, because the people I worked with are my friends and not just colleagues or strangers.’
More Information:
http://www.sinanboom.com
https://soundcloud.com/sinan-bom
https://www.facebook.com/pages/Sinan-Boom/276442852562109
https://twitter.com/SinanBoom
Just stick with 1.2.5 for now until the mgw releases a 1.2.6 version of the installer.
Nxt Multigateway Website is online!Lite Multigateway 1.4.4 Extension compatible with Nxt Client 1.2.6 (Win/Mac/Linux)
BTCD: Working - New coin
https://nxtforum.org/lite-multigateway-releases/mgw-v1-4-4/
This is awesome. I was waiting for it.
Just stick with 1.2.5 for now until the mgw releases a 1.2.6 version of the installer.
Nxt Multigateway Website is online!
Lite Multigateway 1.4.4 Extension compatible with Nxt Client 1.2.6 (Win/Mac/Linux)
BTCD: Working - New coin
https://nxtforum.org/lite-multigateway-releases/mgw-v1-4-4/
Just stick with 1.2.5 for now until the mgw releases a 1.2.6 version of the installer.
From the op:
clicking on Nxt Wallet takes you to http://nxt.org/client-download but there's no download button...unless I can't see it for looking
Quote
Install a Client
Download the one-click Nxt Wallet for Mac and Windows: Nxt Wallet.
Download the one-click Nxt Wallet for Mac and Windows: Nxt Wallet.
clicking on Nxt Wallet takes you to http://nxt.org/client-download but there's no download button...unless I can't see it for looking
That is the right link: http://nxtra.org/nxt-wallet/
Download this, then after you downloaded the blockchain, it will ask you to upgrade to the newest version, you should do the second upgrade before the end of the week!
Why take two steps?
You can D/L directly NRS 1.2.4. But I suggest this one, since it includes the mutligateway:
http://multigateway.org/#sec_downloads
Thanks for replies - taken me a few days to get around to following this up -
I've now downloaded Lite Multigateway BETA v1.4.1 + Nxt Client 1.2.5 Windows Installer from http://multigateway.org/#sec_downloads
but when I tried to to update, as required, to 1.2.6 and dropped the zip file into the NRS update section of the client, I got the following message:
Quote
The downloaded version hash does not compare to the specified hash in the blockchain. DO NOT PROCEED.
Version:
1.2.6
Downloaded Hash:
e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855
Official Hash:
0673ed19d621644ce9db7e3024b22e21fff5176eca9041d89efbdaeeb077bb88
Version:
1.2.6
Downloaded Hash:
e3b0c44298fc1c149afbf4c8996fb92427ae41e4649b934ca495991b7852b855
Official Hash:
0673ed19d621644ce9db7e3024b22e21fff5176eca9041d89efbdaeeb077bb88
I'm assuming I'm not the only one to have had this result but I haven't seen any reference to it in the forum - obviously I haven't proceeded any further.
Thanks in advance for any further help.
All of you please suggest me ? I want to buy 1 million nxt but all exchanges have less volume with different prices.I want to spend 0.00007 btc per nxt.
Coles
Coles
You could try to post a [WTB] in the official Nxt forum: https://nxtforum.org/index.php?board=7.0
Maybe a whale picks it there.
Yes, but that wasn't what you suggested earlier. This is indeed a valid solution but most people feel "stolen from" if they have 15% of their holdings frozen.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I suggest a combination. Keeping 3% of NXT from people is more "stealing" than holding back X% of current accounts until they are back up to 100+% of customer's NXT balances held.
I'm glad I don't keep any coins on exchanges. I learned me lesson from ShareXCoin scam.
Both are valid imo.
Lets wait for tomorrow, maybe they have a solution for this whole mess then.
BTW sometimes you can't prevent having coins on the exchanges. E.g. traders and arbitrageurs.
True. I'm not a trader. I'm a speculative investor. All my coins are in my wallets.
As they should be! There is no need to trust an exchange in the longterm. In the shortterm it is necessary, but one shouldn't stretch his luck
Yes, but that wasn't what you suggested earlier. This is indeed a valid solution but most people feel "stolen from" if they have 15% of their holdings frozen.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I suggest a combination. Keeping 3% of NXT from people is more "stealing" than holding back X% of current accounts until they are back up to 100+% of customer's NXT balances held.
I'm glad I don't keep any coins on exchanges. I learned me lesson from ShareXCoin scam.
Both are valid imo.
Lets wait for tomorrow, maybe they have a solution for this whole mess then.
BTW sometimes you can't prevent having coins on the exchanges. E.g. traders and arbitrageurs.
True. I'm not a trader. I'm a speculative investor. All my coins are in my wallets.
Yes, but that wasn't what you suggested earlier. This is indeed a valid solution but most people feel "stolen from" if they have 15% of their holdings frozen.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I suggest a combination. Keeping 3% of NXT from people is more "stealing" than holding back X% of current accounts until they are back up to 100+% of customer's NXT balances held.
I'm glad I don't keep any coins on exchanges. I learned me lesson from ShareXCoin scam.
Both are valid imo.
Lets wait for tomorrow, maybe they have a solution for this whole mess then.
BTW sometimes you can't prevent having coins on the exchanges. E.g. traders and arbitrageurs.
Yes, but that wasn't what you suggested earlier. This is indeed a valid solution but most people feel "stolen from" if they have 15% of their holdings frozen.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
I suggest a combination. Keeping 3% of NXT from people is more "stealing" than holding back X% of current accounts until they are back up to 100+% of customer's NXT balances held.
I'm glad I don't keep any coins on exchanges. I learned me lesson from ShareXCoin scam.
All of you please suggest me ? I want to buy 1 million nxt but all exchanges have less volume with different prices.I want to spend 0.00007 btc per nxt.
Coles
Coles
Try to slowly buy at bter, the volume will come. They have enabled withdrawals now, although at a 3% fee.
I guess this is the NXT communities punishment for not doing a rollback, even though they are the ones that said it wasn't needed. The fee used to be .5% + 1.
There is a deal in the making, where pouncer will loan BTER NXT and withdrawal fee will be 0.5% and gradually lowered until 0% and loan in payed back.
They are trying to make up their loss of million NXT and 300ish BTC by gouging the NXT community with a 3% fee. I think I'm gonna stop trading at BTER after this just for that reason.
They don't have the cash to rebuy the NXT right now. What do you suggest? Closing shop for good?
No, increase ALL the fees site wide a small percentage. The hack was due to BTERs lax security. Just because NXT was what was stolen doesn't mean only the NXT community should pay for it.
That doesn't change the fact that they run on fractional reserve. If they increase trading fees but remove cashout fee, then all cash out and the last persons to cashout have non left to cashout.
So, reduce the amount of people's NXt accounts by whatever percentage they are short into tokens. Pay back the tokens monthly as their normal trade/withdrawal fee allows. Didn't Polo do something similar?
Yes, but that wasn't what you suggested earlier. This is indeed a valid solution but most people feel "stolen from" if they have 15% of their holdings frozen.
I hope the pouncer deal goes through , then 0.5% withdraw fees and free trading for 1-2 months, then lower than 0.5% withdrawal fee.
All of you please suggest me ? I want to buy 1 million nxt but all exchanges have less volume with different prices.I want to spend 0.00007 btc per nxt.
Coles
Coles
Try to slowly buy at bter, the volume will come. They have enabled withdrawals now, although at a 3% fee.
I guess this is the NXT communities punishment for not doing a rollback, even though they are the ones that said it wasn't needed. The fee used to be .5% + 1.
There is a deal in the making, where pouncer will loan BTER NXT and withdrawal fee will be 0.5% and gradually lowered until 0% and loan in payed back.
They are trying to make up their loss of million NXT and 300ish BTC by gouging the NXT community with a 3% fee. I think I'm gonna stop trading at BTER after this just for that reason.
They don't have the cash to rebuy the NXT right now. What do you suggest? Closing shop for good?
No, increase ALL the fees site wide a small percentage. The hack was due to BTERs lax security. Just because NXT was what was stolen doesn't mean only the NXT community should pay for it.
That doesn't change the fact that they run on fractional reserve. If they increase trading fees but remove cashout fee, then all cash out and the last persons to cashout have non left to cashout.
So, reduce the amount of people's NXt accounts by whatever percentage they are short into tokens. Pay back the tokens monthly as their normal trade/withdrawal fee allows. Didn't Polo do something similar?
All of you please suggest me ? I want to buy 1 million nxt but all exchanges have less volume with different prices.I want to spend 0.00007 btc per nxt.
Coles
Coles
Try to slowly buy at bter, the volume will come. They have enabled withdrawals now, although at a 3% fee.
I guess this is the NXT communities punishment for not doing a rollback, even though they are the ones that said it wasn't needed. The fee used to be .5% + 1.
There is a deal in the making, where pouncer will loan BTER NXT and withdrawal fee will be 0.5% and gradually lowered until 0% and loan in payed back.
They are trying to make up their loss of million NXT and 300ish BTC by gouging the NXT community with a 3% fee. I think I'm gonna stop trading at BTER after this just for that reason.
They don't have the cash to rebuy the NXT right now. What do you suggest? Closing shop for good?
No, increase ALL the fees site wide a small percentage. The hack was due to BTERs lax security. Just because NXT was what was stolen doesn't mean only the NXT community should pay for it.
That doesn't change the fact that they run on fractional reserve. If they increase trading fees but remove cashout fee, then all cash out and the last persons to cashout have non left to cashout.
Jump to: