I don't know why everyone is saying they can't withdraw BTC from BTER, I just tried and I can. I just can't make the all important deposit at this time. 
whas it confirmed?
Topic: [XCR] Crypti | Dapps | Sidechains | Dapp Store | OPEN SOURCE | 100% own code | DPoS - page 419. (Read 804713 times)
August 15, 2014, 08:17:44 AM
whas it confirmed?
August 15, 2014, 08:17:18 AM
I don't know why everyone is saying they can't withdraw BTC from BTER, I just tried and I can. I just can't make the all important deposit at this time.
It should be processing, but not coming through.
August 15, 2014, 08:16:08 AM
At this point holding XCR on bter is safer than BTC. Don't know what people are thinking...
August 15, 2014, 08:16:04 AM
I don't know why everyone is saying they can't withdraw BTC from BTER, I just tried and I can. I just can't make the all important deposit at this time.
August 15, 2014, 08:15:57 AM
I've been fucked over so many times in crypto its unbelievable.
We are living in the dark ages my friends.
We are living in the dark ages my friends.
August 15, 2014, 08:15:53 AM
Reply from BTER:
I am really sorry for this.
Several hours ago one of our hosting accounts was hacked and the hacker got 50m NXT from this server.
It's totally our fault and we are trying our best to cover all the loss.
However 50m nxt is huge for us, we cannot afford it at the moment.
All the nxt is till in his address at
http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1244396688755618309
We are trying to get help from the dev and the community to agree to rollback the blockchain to 3-4 hours ago.
We are going to cover all the loss due the rollback.
Best,
Lin @ Bter
-----------------------------------
As you can see, they can't even cover the stolen NXT. Let alone the extra BTC they transferred and all withdrawals that are held
I am really sorry for this.
Several hours ago one of our hosting accounts was hacked and the hacker got 50m NXT from this server.
It's totally our fault and we are trying our best to cover all the loss.
However 50m nxt is huge for us, we cannot afford it at the moment.
All the nxt is till in his address at
http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1244396688755618309
We are trying to get help from the dev and the community to agree to rollback the blockchain to 3-4 hours ago.
We are going to cover all the loss due the rollback.
Best,
Lin @ Bter
-----------------------------------
As you can see, they can't even cover the stolen NXT. Let alone the extra BTC they transferred and all withdrawals that are held
"Can't even cover the stolen NXT". Yes, this is more than $1.5M!! The 750BTC are peanuts in comparison to that.
August 15, 2014, 08:14:44 AM
Reply from BTER:
I am really sorry for this.
Several hours ago one of our hosting accounts was hacked and the hacker got 50m NXT from this server.
It's totally our fault and we are trying our best to cover all the loss.
However 50m nxt is huge for us, we cannot afford it at the moment.
All the nxt is till in his address at
http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1244396688755618309
We are trying to get help from the dev and the community to agree to rollback the blockchain to 3-4 hours ago.
We are going to cover all the loss due the rollback.
Best,
Lin @ Bter
-----------------------------------
As you can see, they can't even cover the stolen NXT. Let alone the extra BTC they transferred and all withdrawals that are held
I am really sorry for this.
Several hours ago one of our hosting accounts was hacked and the hacker got 50m NXT from this server.
It's totally our fault and we are trying our best to cover all the loss.
However 50m nxt is huge for us, we cannot afford it at the moment.
All the nxt is till in his address at
http://www.mynxt.info/blockexplorer/details.php?action=ac&ac=1244396688755618309
We are trying to get help from the dev and the community to agree to rollback the blockchain to 3-4 hours ago.
We are going to cover all the loss due the rollback.
Best,
Lin @ Bter
-----------------------------------
As you can see, they can't even cover the stolen NXT. Let alone the extra BTC they transferred and all withdrawals that are held
August 15, 2014, 08:10:44 AM
hope BTER just defaults on the NXT and pays out all amount owing before closing.
Should have been the way to go. But now the BTER fuckers paid the hacker 100+ BTC in a complete panick mode and stopped all withdrawals from user (= no trust anymore). They made a complete shit of it while they just needed to accept the NXT loss...
August 15, 2014, 08:09:19 AM
Guys, Bter has shown in the past that they will not run away with the money! The 750 BTC from the IPO are safe!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
Don't you know how things work?
They lost 50million NXT and paid the hacker 100 BTC. Probably not from their own money but from our money. Just like a normal bank they have a small percentage 'own' money compared to 'lend' money. Probably even less then a normal bank. What's going on now is a proper bankrun. Everybody tried to withdraw their BTC and will do when it's possible again. Now BTER can't pay everyone back because they lack own funds and will go bankrupt. Or do you think they've got thousands of BTC 'owned'.
I know exactly how things work. Infact they paid 110BTC to the hacker. The also have a coldstorage of BTC with enough funds.
Well I certainly hope so because they hijacked my BTC. But I'm not to positive about this. Easy way out is to go bankrupt. Paying everybody from their own money and being left with a worthless (trustless) exchange doesn't sound to good either. Who will prosecute them if they say bye bye? Nobody...
August 15, 2014, 08:09:10 AM
hope BTER just defaults on the NXT and pays out all amount owing before closing.
August 15, 2014, 08:08:48 AM
don't panicsell guys!
August 15, 2014, 08:07:21 AM
Guys, Bter has shown in the past that they will not run away with the money! The 750 BTC from the IPO are safe!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
Don't you know how things work?
They lost 50million NXT and paid the hacker 100 BTC. Probably not from their own money but from our money. Just like a normal bank they have a small percentage 'own' money compared to 'lend' money. Probably even less then a normal bank. What's going on now is a proper bankrun. Everybody tried to withdraw their BTC and will do when it's possible again. Now BTER can't pay everyone back because they lack own funds and will go bankrupt. Or do you think they've got thousands of BTC 'owned'.
I know exactly how things work. Infact they paid 110BTC to the hacker. The also have a coldstorage of BTC with enough funds.
August 15, 2014, 08:04:27 AM
Guys, Bter has shown in the past that they will not run away with the money! The 750 BTC from the IPO are safe!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
Don't you know how things work?
They lost 50million NXT and paid the hacker 100 BTC. Probably not from their own money but from our money. Just like a normal bank they have a small percentage 'own' money compared to 'lend' money. Probably even less then a normal bank. What's going on now is a proper bankrun. Everybody tried to withdraw their BTC and will do when it's possible again. Now BTER can't pay everyone back because they lack own funds and will go bankrupt. Or do you think they've got thousands of BTC 'owned'.
August 15, 2014, 08:03:33 AM
If BTER goes out of business hope it helps to distribute the crypti and take some BTCs for it
But I don't really think BTER will go out of business. They have 750 BTCs + 100s of Bitcoins of investors' funds which means they are not bankrupt
But I don't really think BTER will go out of business. They have 750 BTCs + 100s of Bitcoins of investors' funds which means they are not bankrupt
They should be well-funded and capital should not be hard to get. As we're dealing with the Chinese
August 15, 2014, 07:59:50 AM
If BTER goes out of business hope it helps to distribute the crypti and take some BTCs for it
But I don't really think BTER will go out of business. They have 750 BTCs + 100s of Bitcoins of investors' funds which means they are not bankrupt
But I don't really think BTER will go out of business. They have 750 BTCs + 100s of Bitcoins of investors' funds which means they are not bankrupt
August 15, 2014, 07:59:05 AM
Guys, Bter has shown in the past that they will not run away with the money! The 750 BTC from the IPO are safe!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
If they close down, some other escrow will receive the money and Crypti will look for another exchange!
August 15, 2014, 07:56:51 AM
Yeah it's stupid to sell at this point...
August 15, 2014, 07:55:04 AM
There is no point selling XCR for the hopes of withdrawing BTC.
Either the situation has a positive outcome in which case you undersold your XCR and cannot get back in
or
The situation has a negative outcome in which everything is lost anyways.
Better to hold XCR imo.
Either the situation has a positive outcome in which case you undersold your XCR and cannot get back in
or
The situation has a negative outcome in which everything is lost anyways.
Better to hold XCR imo.
August 15, 2014, 07:54:23 AM
hacker is long gone.
what will happen to crypti if there is no rollback of NXT blockchain and BTER eventually closes?
what will happen to crypti if there is no rollback of NXT blockchain and BTER eventually closes?
Death of crypti... With all the pre trading that has been done no way it will survive this
I disagree. Delays before the Crypti wallet release have ensured the blockchain will be rock solid. I feel so sorry for traders who have lost money here and for the Crypti devs who so richly deserve recognition for their excellent achievement.
Are you crazy. Everyone that is interested in Crypti will lose money on this BTER shit. And you think this will not affect Crypti?
When BTER goes down they will not cooperate with anybody, including Crypti. Bankrupt = bankrupt. So the whole presale is fucked, people lost money and Crypti is tainted. Good luck trying to deal with that (unfortunately)
August 15, 2014, 07:53:40 AM
hacker is long gone.
what will happen to crypti if there is no rollback of NXT blockchain and BTER eventually closes?
what will happen to crypti if there is no rollback of NXT blockchain and BTER eventually closes?
If Bter is forced to close I don't see why it would affect Crypti. Bter doesn't even have any Crypti do they? I think they just have the tokens which people are trading, so unless they refuse to cooperate with the Crypti team for no good reason everything will be ok.
You put it better than I. I agree wholeheartedly. Crypti is safe. It was always safe and having dodged the NXT/BTER hack is doubly safe.
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