Bitcoin Forum

Update your votes to reflect new information!


https://mobile.twitter.com/btcecom/status/891928666065707008   

Given information as of 30th July, 2017, and what are your reasons?

Taking into account Vinnik arrest, domain seizure, looming fines, coins moving around with no evidence right now as to who is in control, btc-e's history, etc.

i think BTC-e is never back,
BTC-e owner is problem with law, is very dificult can back, case same with liberty reserve never back again, after liberty reserve owner problem with law

I  think It will not return for sure and I doubt even legit users of Btc-e who got their bitcoin from hard earned money will get their bitcoin back.
Vinnik will remain in prison for life while government officer will steal some of his bitcoin and government will just claim all bitcoin in exchange is involved with crime and hack so they will seize it too.  >:(

very hard to guess, but my guess is that they'll attempt to return funds at least. running away with the funds wouldn't help if the rest were caught.

and it would be a superb screw you to the authorities. if america gets their hands on the funds you just know they're never coming back.

BTC-e story is quite different than that of liberty reserve, liberty reserve like payment processors are illegal from start while btc-e is registered exchange platform and now they got into trouble because it's owner is suspected of being involved with money laundering directly and indirectly.

However, come back of btc-e is quite unlikely.

I said highly unlikely. 98% change they won't be able to continue the business, and if they do somehow start up again with the same staff why would anyone trust them? They'd be smarter to start a new exchange from scratch. Having no rep is better than a bad rep when you're talking about handling other people's money.

I think the chances for a miraculous comeback of this exchange are below the 1% level. I have given up the hope of seeing back the 1 BTC that I lost, but I can understand that despite everything that happened, people still want to believe in a positive outcome. People should try to move forward and focus on buying back what they lost in crypto, or to trade their way up to slowly recover from the losses they swallowed. At this point there is nothing else that can be done.

Why thinking that BTC-E will be back? Any reason of yours or you are just optimisitc? This question doesn't really making sense.

Feel sad for the people who lost their coins but thinking this exchange will comeback to service, I really doubt 100%.

returning to actual service is unlikely no matter what happens. it's too compromised now. the more important question is who controls the coins and what they're gonna do with them.

I think there is nearly 0 chance to see it return back just similar to Mt. Gox. I think some of coins may return to owners but not all for sure.

Read the history of two to five years of scamming  sites are they returned back ? so it is clear that BTC-E is not coming back because of hanged victims who lost money and ready for trail ,believe me it is very hard for me to see more lost in this good crpto world without putting anyone account for that .

And that's exactly what they--or someone else--will do.

These exchanges are like drug dealers and the ongoing, losing, war on drugs.   As soon as one of them goes out of business,  another one pops up to pick up the slack.  They were pretty big, though.   I suspect we're going to see some government regulation coming into effect so people don't keep getting scammed with these places.   I trust very few of them.

If any exchange called btc-e returns, don't trust it, it will either be run by the gov to entrap people or it will be run by scammers looking to capitalize on btc-e's name, either way you will get scammed.

so basically US gov stolen my ltc? ...
if they laundered btc, why i can't access my ltc tho?

why the hell on the homepage with "seized domain" is no contact informations what so ever?

I can't really see it but I hope it does come back.
BTC-e was a bit of an institution and will miss the entertainment of the troll box.
Feel bad for anyone who lost coins on there and hope they are made good in the end.

I dont think they will return , They are illegally running for the past years and the owner have a problems with their country's Law .So what we will expect the owner will be release ? No . Just accept now that we cant do about it just move on in other exchanges.

I don't think they have the owner. They have someone who was involved with btc-e. They think they have the owner.

Indeed, I don't think they have the owner at all. Based on the indictment and what I've read from semi-insiders, Vinnik had some ties to the exchange, but nothing to do with the ownership or launch of the exchange.

In the end, it doesn't matter. BTC-e is unlikely to contest anything in court, so the best move for the Feds is to present the patsy (Vinnik) as the kingpin and frame the takedown as a victory. (And hope no one asks why there was no announcement of funds seized.....)

MtGox is quite a different case. At this point it's still not 100% sure who is in control of the BTC-E funds - is it the government, or is it the co owner of BTC-E? Either way, both options won't do much in terms of raising the chances for the fair and square trader/investor of that exchange to see anything back. Don't forget that throughout the years, people may have gotten some of the dirty coins from the MtGox theft in their personal wallets. Everything can be followed through the blockchain, and if that turns out to be the reality, then literally EVERYONE will be marked as criminal. That's why I am glad that each time I withdraw coins to have them sent to my cold wallets, I first run them through a mixer.

Update your votes to reflect new information!


https://mobile.twitter.com/btcecom/status/891928666065707008

You should just make a new poll now. I imagine this will change some people's opinions (but those people won't come back to change votes).

This increases odds from 2% favorable to 5%. The problem is that this is what any dying service is gonna do: tell you it's gonna be fine and that you'll get repaid. Most of the time those operators just disappear, though. :-\

I suppose there's not a massive incentive to break their backs refunding that money, given all the other things going on.

It's hard to predict though, because loyal as they have been in the past, this situation is unprecedented for any exchange, let alone btc-e itself.

it would be the best middle finger to the authorities possible. the question is how much do they themselves have left?

Thanks for the link and I have seen regarding on the word of Btc-e management which I do somehow believe that theres something behind on this which they do actually get away on this issue and do say other situation which isn't related to them. If they would able to refund those users of the site then this would really be a good news but still cant be sure. September still far ahead. I can say that they wont really return as of now.

is there any official statement yet?

I mean, who and how will be handling our wallets and so on?

The poll got it wrong.
Just like the polls said Hilary would win the US presidential election