Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 158. (Read 804678 times)

To be completely transparent, we honestly have no idea. We don't know the status of Lin or if BTER will rebound and allow withdrawals again. But the fact that they didn't enable XCR withdrawals for months, even with a new and completely badass client out, makes me wonder if they didn't care because they knew they were going to be running away soon anyways...

With Lins background and wishy washy attitude as of late (he has been completely different in his communications with us in the last 2-3 months) makes me wonder if he didn't just make a money grab.

Only time will tell and we will hope for the best. This is one of the liabilities and risks you take when keeping money in an exchange and sometimes is the cost of doing business in a market like this. From our perspective, I don't know that there is a whole lot we can do to help as we cannot attribute money to accounts at this point to try to fix it. We have actually requested from BTER internal documentation of email addresses and account balances before (during the last BTER fiasco) and they refused to give us the data to allow us to distribute funds.

We are open to ideas and are here to discuss thoughts or ideas, but right now we are at a loss. I mean 65% of our currency was held at BTER so this may be a huge hit for us in general.

All my XCR were on BTER.

So....  I'm totally F'd right?

Fact is we see that some people, on most threads concerning this SCAM,likely BTER employees and affiliates, are spreading disinfo as in reaction phishing , checking to see blacklash of their actions, finding how the people react and if it is quiet enough for them to get away with the money, not necessarily for the money itself.

This is a hard hit meant for altcoin community, possibly and most likely an inside job.

The only reasonable answer is found through the logic that we , as a community, are in desperate need of making a stand ASAP.


For my part, if need arises and this actually is an inside job( as it looks from the cold wallet theft??? ) we are waiting on the good will of the Developers and their understanding of the gravity of this affair such that they take the measure of the 20mb forks for the recovery of victimezed investors.

In this case i will gladly forfeit 15% of each coin that i had stored on BTER, towards the respective developer, as payment for the community service.  For XCR this means 15% of 610000 = 100000



https://bitcointalk.org/index.php?topic=956560.new#new

So just to put a few thoughts out there, BTER is currently saying unaffected coins will be fixed and insinuating that you will be able to withdraw funds at some point. Please keep in mind that traditionally  in situations like this, the exchanges have eventually disappeared or filed for bankruptcy and all funds have been seized. There is a very likely scenario where the XCR held in BTER (which can be viewed here: http://live.crypti.me/address/983470101446368718C ) will never be retrieved.

This situation is fluid and no final details are available and Lin is currently unresponsive due to the shit storm i'm sure he is dealing with. In light of the recent negative accusations and evidence against him that we have seen here on BTT, I would be inclined not to give him the benefit of the doubt.

In the case that BTER funds are lost and 65% of the funds in circulation are now dead weight, we will be looking for suggestions and ideas on how to deal with this situation from a Crypti perspective. We are already having internal discussions on possible avenues.

Obviously, we will all hope that BTER is able to re-instate withdrawals for other coins and let everyone remove their funds. We will continue to monitor the situation as it develops and continue to try to reach Lin.

Keep in mind that currently, there is nothing we can do to retrieve funds at this time, including the funds of some foundation members and prominent community members who had funds in BTER. We will continue to push Poloniex and Cryptsy to try to enable trading to get a market online to allow funds transfer for the remaining 35 million still in circulation.

Max will keep you updated with official developments and any additional details that arise.

Also, on a side note, just to re-assure those of you wondering, all foundation XCR and BTC is still in tact and the foundation itself had absolutely no funds on BTER.

Somebody, please set up buy walls at poloniex, thats a chance!

Even with 1 BTC we can set up price at 2000 sat at poloniex   

Now that, actually makes sense. Its an odd thing to say, but lets hope you dont get them back, then. 

Well, they should be thinking that 65 Million XCR are now unavailable, that were on Bter.  That leaves only 35 million for trading.  The FOundation has 13 million of those/  That leaves 22 million XCR in the wild, which would make them worth many times more than the current 500-750 sats they are selling for now on Cryptsy. 

Lost on me, Litoshi.    More importantly, how is this looking to people reading about Crypti, do you think?

HEY Stereotype............... EAT CROW!!!!!!!!!!!!!!!!

https://en.wikipedia.org/wiki/Eating_crow

I assure you we had no idea that Bter was going to close up.  I got a lot of flack in the previous page when I posted that there was some Skullduggery going on at Bter.  

Looks like a Romanian group has lost enough coin to make hiring a hitman very attractive.  

There has been a major crackdown on corruption in China.  Several billionaires and many many officials have been executed for corruption.  If Lin has been involved in pay-offs and the official that he paid-off has been arrested, it would only make good survival sense to grab the cash and run to a country without an extradition treaty with China........ Taiwan.

Small bug I noticed. The fonts on the Menu on the blog section differs from the rest of the site (CSS thingy)
Love the two bots on the page where it says not available.

Once my DNS cached up I can make the official announcement. Timing, well better than never.

Congratulations on the new website http://www.crypti.me/.
The timing sucks though

you know what happened with mt.gox? all usd all btc left over was seized right?

same could happen to bter if they do the bankrupt trick, which is inevitable now. all fund belongs to the law enforcement now.

We know that issue since hours. We are discussing it in a special meeting this evening. No XCR should be compromised!

ohh boy... you gonna not want to see the news when you wake up.

bter is so fucked.

Windows: http://downloads.crypti.me/crypti-node/0.1.x/crypti-windows-0.1.9b.exe
Mac OS X: http://downloads.crypti.me/crypti-node/0.1.x/macos-0.1.9b.zip

I updated the OP as well.


As we changed the DNS entries of Crypti.me to our new website (finally!) it may not work for everyone. Please wait until tomorrow then. I will make an additional announcement for the website.

Short Status update for the current BTER situation

Blockchain explorer:
As the blockchain explorer also shows the latest Crypti price and its Dollar equivalent it was affected due to BTERs downtime. Boris fixed it and deployed a new version, if BTER goes down now it shows a NaN or ~ instead of the price. You can access it like always here: http://live.crypti.me

Cryptichain.me, which is operated by karmacoma24 is already affected by this. As soon as he updates, it will be available again as well.


Crypti Funds on Bter:
You can see on the blockchain explorer, that all funds are intact. We don't know if Bter was hacked or undergoes simple security inspections. We hope that this issue will not delay the withdrawal/deposit problems even more. It seems like we are doomed with the exchanges, but we need to make the best out of it.




Very soon I can give you an update about our new website.

Update v0.1.9b released

Boris posted it above already, I want to post it again so you all know what the newest update is about.

Some users reported that their client is only syncing up until the 5th February. It had something to do with the processing of unconfirmed transactions, which resulted in a non-functional synchronization. Our devs fixed it permanently, the client is now syncing up nicely again for everyone.

Boris is in a place right now with slow internet, but we think that in the next hour or so the Mac OS X version is uploaded I took over the uploading, it will be finished in the next 45 minutes. I contacted Stas (Syrenity) for the Windows version. As soon as they are available I will post them here.

Windows: http://downloads.crypti.me/crypti-node/0.1.x/crypti-windows-0.1.9b.exe
Mac OS X: http://downloads.crypti.me/crypti-node/0.1.x/macos-0.1.9b.zip
Linux: http://downloads.crypti.me/crypti-node/0.1.x/0.1.9b.zip


Please update your nodes as soon as possible.


If you have problems with the links above, its cause we changed the DNS of crypti.me, in order to launch our new website. Then simply wait until tomorrow with the download. Thank you.

Dear BTER, this e-mail will be made a public post on Bitcointalk.org



I write out of the need of transmitting the deepest concerns towards the state of your service. We have invested many BTC through my account on BTER.COM and while i type this e-mail, we are seeing  :



We have to suspend all our services waiting for the security check. More information will be released as soon as possible. Sorry for the interruption.
我们将暂停服务，进行系统安全检查，给您造成不便请谅解...


"



We are concerned by the sudden stoppage of service and especially concerned about the safety of the coins owned by us on that are stored in the account hosted by your exchange, more specifically the following coins with their afferent numbered amounts, very close approximation

7690000 NODE    7.69 mil
610000 XCR  610K
118000000 QORA 118mil
900000 XCH  900k

40000 XTC 40k



These are large SUMS of percentages owned for the first 4 coins mentioned, the following percentages of total coins created, being:

0.76% node, 0.61% XCR, 1.18% QORA and 0.9% XCH



We have invested tens of thousands of dollars in BTC in these amounts of coins
and consider our investments a life-engaging affair, worthy of time consuming pursuit.

More specifically the fact that they are 2.0 currencies may prove very profitable in the futere, thus we are expecting long term profits in the order of millions, provable by common comparison with other similar enterprises, and thus these are the sums of the goal that we would pursuit legally concerning the affair. This letter hereby declares this.

Normally we should receive ASAP a truthful report on the state of our belongings.

We must pursue the means of reclaiming our belongings throught any available procedure.


To put it simple :
The ideal situation if a hard breach has happened would be that BTER Exchange representatives cooperate with the developers of the aformentioned coins and any others coins that may have been lost, in such a way that ALL the victimized parties reclaim what is rightfully PROPERTY.


VAT will be paid in national currency for all BTC transactions, if needed, so that our group may comply with rulings of international entities that may be enforcing arbitrary economic law, thus so that it may pursue our case thoughout any possible legal means and instutions, local or international.

 If need be our group will support other victimized members of the community with the right guidance towards the solidification through unity of a community claim, thus that within the Cryptocurrency world such an injustice may not endure.


It is certain that BTER.COM posseses logs that can prove the owner of 0.00000001 of any coin on their exchange, so that any of the developers may work out a fix, for each of the coins.

I am also sure that the good willed developers will agree and that the good willed community will donate enough of respective coin which requires fix, so that each of the developers remain happy and content.



Thank you for your time,


Roland Ionescu, Romania