[UNRESPONSIVE POOL OPERATOR] 50BTC.com - page 34.

thoughtcourier

member

Activity: 96

Merit: 10

Quote from: gjpminingco on November 28, 2013, 07:34:47 PM

Yes I am Serious I have been talking to the over the last few days and Yes they are Working on the System, They are getting ready to bring a WHOLE new system online ( next week they will be testing the new system and load and stress testing the system along with Penetration testing to see if the new system is hackable, they have expressed their Sincere apologies in not keeping in touch with everyone as they have been working NON stop on the new system.

They said after the testing of the new system they will be bringing it online and making it available for use and they will start sorting through the Old Database and trying to get People Paid

They took payments offline due to the hack and did not want any payments going out so that the funds could be secured in a offline wallet so that incase the hackers coded a back-door into the system they could not get at anymore of the pools funds..

I see i am now starting to get msg's because of my Last Post So i hope this answers all your folks questions

I will be online or if you goto my site I have a Toll-Free number on my site that you can call me at if you have any questions you would like to ask but I ask Please Dont Call after 10:30 PM EST Since I am In FL on the East Coast of the US

This sounds like antagonizing news. They need to restore trust before fixing the system. Well, they can do whatever, but I don't think people will return to their system until they restore trust.

tar_meneldur

newbie

Activity: 19

Merit: 0

I'm not so sure that the x10,000 thing mentioned above (for what was done by the hack to the account balances) is true for everyone.

I had somewhere between 0.3 and 0.5 available on 50BTC before the problems; I tried to withdraw and moved to another pool. But if I divide what they say is my balance (108 BTC) by 10,000, that's only .0108.

ehoffman

sr. member

Activity: 378

Merit: 250

Quote from: Trillium on November 28, 2013, 06:41:28 PM

Quote from: ehoffman on November 28, 2013, 12:32:12 PM

But that's not the biggest question I have. What I don't understand is why there are still people mining on 50BTC...

People who rarely check their hardware and possibly those who mine offsite.
People who received miners as gifts (eg BE USB's) and were never really sure what the deal with them was.
Noobs who are new to mining and can't tell that there is all kinds of problems with the site at the moment.

What I taught too... Those people would deserve to be shot! At least, make a gift, give up your mining equipments to someone who need/care about receiving money! Grin

Qbert

newbie

Activity: 57

Merit: 0

Quote from: eleuthria on November 28, 2013, 07:45:45 PM

Oh, so no worries then. I'm sure this'll turn out great. Just like when pirateat40 claimed he'd be sending everybody's coins back in no time.

*zing* good one eleuthria!

Grin

For what it's worth, I've been contacting them online skype messages and all I keep getting from them is what sound like excuses to keep waiting.. we are close.. soon.. two weeks..

BitMinerN8

hero member

Activity: 626

Merit: 500

Mining since May 2011.

Quote from: eleuthria on November 28, 2013, 07:45:45 PM

Oh, so no worries then. I'm sure this'll turn out great. Just like when pirateat40 claimed he'd be sending everybody's coins back in no time.

Well, I got mine back from pirateat40 plus interest, so maybe there is hope. Grin

Code:

Date: 8/22/2012 10:24
Net amount: +106.925872 BTC
Transaction ID: c2d0742df8df67c0507fd270b3c262f8a0118ba3a9b91357c83a04d952d0a32d

I only kept 1BTC here, as I was paid out on the hour if it went over that, but was gone for several days when payouts stopped, so they got me for a few BTC before I caught it when I got back. Anyway, I hope it gets sorted, but not expecting it. I have no contract with them, I signed no agreements, they did not force me to mine here. I went into it for the money and knew they were in Russia and took that into consideration knowing full well that if it went under or vanished one day I would not see anything being in the US. It's like in the old days during the gold rush, when a mine collapsed, if you were lucky to get out alive, you moved on and found work elsewhere. Good luck taking legal action. I'm sure with the coin they were pulling down, and it's appreciation since they stopped paying out, I'm sure they are quite insulated. Mining pools are not banks, keep your hard earned BTC there as short a time as possible. A big life lesson for some I guess. Undecided

arklan

legendary

Activity: 1778

Merit: 1008

Actually that matches my own observations, the bit about the balances being multiplied by 10000. My total earned on the site is precisely that much higher then the reality should have it.

Which still has me owed merely 0.05 Btc ish, but still.

gjpminingco

sr. member

Activity: 350

Merit: 250

Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s

Quote from: Meyblaubaer on November 28, 2013, 07:51:07 PM

Okay, sounds good but I will be sceptic anyways till it really happen. Hope you understand this.

Last question: i thought the user balance database is messed up and there were no recovery, so how will they verifiy any balances?

Not sure about that, I am just going by what they told me

I guess they will be going over each accounts history or what i dont know i am just relaying what they have told me

I do know that the User database was compromised and almost but not all user accounts were changed and balances were multiplied by a factor of 10,000 so if you had 0.001btc in your account you new FALSE balance would be 10BTC so you can see their problem

I dont know about anyone else but I know that my account was not one that was compromised since i was checking my balance daily and as soon as i heard about the hack i tried to get my coins out but it was a no go

18.10, 10:39 44.25143605 BTC Address-removed-for-security In process

Meyblaubaer

member

Activity: 112

Merit: 10

Okay, sounds good but I will be sceptic anyways till it really happen. Hope you understand this.

Last question: i thought the user balance database is messed up and there were no recovery, so how will they verifiy any balances?

eleuthria

legendary

Activity: 1750

Merit: 1007

Oh, so no worries then. I'm sure this'll turn out great. Just like when pirateat40 claimed he'd be sending everybody's coins back in no time.

gjpminingco

sr. member

Activity: 350

Merit: 250

Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s

Yes I am Serious I have been talking to the over the last few days and Yes they are Working on the System, They are getting ready to bring a WHOLE new system online ( next week they will be testing the new system and load and stress testing the system along with Penetration testing to see if the new system is hackable, they have expressed their Sincere apologies in not keeping in touch with everyone as they have been working NON stop on the new system.

They said after the testing of the new system they will be bringing it online and making it available for use and they will start sorting through the Old Database and trying to get People Paid

They took payments offline due to the hack and did not want any payments going out so that the funds could be secured in a offline wallet so that incase the hackers coded a back-door into the system they could not get at anymore of the pools funds..

I see i am now starting to get msg's because of my Last Post So i hope this answers all your folks questions

I will be online or if you goto my site I have a Toll-Free number on my site that you can call me at if you have any questions you would like to ask but I ask Please Dont Call after 10:30 PM EST Since I am In FL on the East Coast of the US

Meyblaubaer

member

Activity: 112

Merit: 10

Quote from: gjpminingco on November 28, 2013, 06:38:46 PM

Hey All I am in contact with 50btc.com admins

They will be releasing news and a BIG update around ( approx ) the beginning of next week from what they have told me, and the news they will be releasing is gonna be big ( good news )

Okay and what kind of "good news" and is that really serious?

Trillium

hero member

Activity: 546

Merit: 500

Quote from: ehoffman on November 28, 2013, 12:32:12 PM

But that's not the biggest question I have. What I don't understand is why there are still people mining on 50BTC...

People who rarely check their hardware and possibly those who mine offsite.
People who received miners as gifts (eg BE USB's) and were never really sure what the deal with them was.
Noobs who are new to mining and can't tell that there is all kinds of problems with the site at the moment.

gjpminingco

sr. member

Activity: 350

Merit: 250

Co-Owner Of DCMCo-Op Mining Farm at 3.5 th/s

Hey All I am in contact with 50btc.com admins

They will be releasing news and a BIG update around ( approx ) the beginning of next week from what they have told me, and the news they will be releasing is gonna be big ( good news )

ehoffman

sr. member

Activity: 378

Merit: 250

I don't know why people are still asking "what's happening with 50btc", "when will I get paid", etc. It's pretty obvious now that it's gone and you won't ever see your BTC. Move along, nothing to see...

Even the op is not even getting here anymore. That thread title [115 Th] clearly hasn't been updated since a while. For what we know, he may just have invented a nice story and left with the BTC.

But that's not the biggest question I have. What I don't understand is why there are still people mining on 50BTC...

azw409

member

Activity: 73

Merit: 10

Quote from: bennybong on November 27, 2013, 10:46:41 AM

I had 2 avalons mining on 50btc from day 1. 173BTC was mined in total, I only ever withdrew +/- 50% of the coins to cash out. 91 BTC was definitely lost over here Roll Eyes

. It's pretty disgusting really, disgustingly painful.

For $91k, I'd be tempted to hire a hitman since the law won't be able to help you. Maybe somebody already has which is why we haven't heard from them since !

Fjordbit

hero member

Activity: 588

Merit: 500

firstbits.com/1kznfw

I received this response in the Support tab to an inquiry about my withdrawls not working

Quote

Hello!

We’ve investigated our billing-software but unfortunately we were unable to identify a vulnerability. That's why we’ve made a decision to rewrite billing software from scratch. We must admit that a significant amount of bitcoins was stolen during this attack. Currently our main goal is to restore pool's service as soon as possible but unfortunately we can't provide you the exact date.

We're doing our best to restore the service, please provide us your account’s balance amount before the attack.

You can read more about the current status on the issue here: https://50btc.com/news/status_28_10_en

Thank you for your patience.

So they are still there. Not sure if it's a string along, but I'm still willing to give them the benefit of the doubt.

Are there SCAMMER labels anymore. Really, everyone should just use the trust system and individually put in your negative experience, but also remove it if they do pay.

RileyN

member

Activity: 62

Merit: 10

I've set a "boiling point" for myself about the whole situation. If they won't communicate or update or pay or pretty much anything at this point until Christmas I will start to take some actions. Shit is getting out of hands and I'm frustrated as I think everyone in this post.

Meyblaubaer

member

Activity: 112

Merit: 10

Quote from: SwissMiner on November 28, 2013, 05:11:50 AM

Quote from: Meyblaubaer on November 28, 2013, 03:44:05 AM

... involve any government? I dont think so..

.. before everybody loves the anonymity of BTC .. and now exactly These People are crying for the government Shocked

I don't cry for the government. I always think about why they don't involve it. I give nothing of beeing anonymous if someone steal over 100 000 $/€ from me...

Sorry its looking like an evidence of not beeing hacked..

SwissMiner

sr. member

Activity: 294

Merit: 250

Quote from: Meyblaubaer on November 28, 2013, 03:44:05 AM

... involve any government? I dont think so..

.. before everybody loves the anonymity of BTC .. and now exactly These People are crying for the government Shocked

Meyblaubaer

member

Activity: 112

Merit: 10

Meanwhile i also think we have been screwed by 50BTC.

No Response, no Informations, nothing. I also second that they should be marked as scammers to protect newbies and people who dont know what happened.

Only information i got: 50BTC is official reseller of bitmine.ch Products in Russia. I think Bitmine AG got their Adress etc.

To some of the people here: They are really guys who got 1-99 BTC there. Because some thought it would be safe to let them there instead of whithdrawing it to BTC-E or others.
Curious: after they tested a Beta in the Payout System (15. Oct.) they got hacked... Really? I think they got an failure while the beta and everything screwed up. They lost (maybe) 400 BTC... thats equal to 289000 € at the moment, and they are not going to involve any government? I dont think so..

Topic: [UNRESPONSIVE POOL OPERATOR] 50BTC.com - page 34. (Read 257895 times)