Bitcoin Forum

Have you tried trading it for an alt and than withdrawing the alt?

Yes, even that isn't working now.  I have a lot of BTC in there and the only alts with enough volume are trading at 15-30% higher on there than anywhere else, that's a big loss

It makes you wonder what the fuck they are doing with our coins. 

Anybody got an address of their location?  I will go there and raise hell.

Gazza, are you not aware of what happened a few days ago :S

Dogecoin is a huge loss on their exchange

it sells for 118+ on other exchanges and 159 on theirs, what the fuck is that shit



What happened a few days ago? 

People know they are insolvent and are subsequently buying up coins at premium just to be able to remove whatever coin they can.


Question for OP:

If you have a lot of BTC in there how has it taken you this long to realize the exchange is not solvent? I only had 1 btc on there and was willing to buy litecoins @ 5% premium just to get my funds off their shit exchange

The BTC is all gone, insolvency.

http://pastebin.com/cYYZwXEW

https://i.imgur.com/sfhgQgV.png?1 :  https://i.imgur.com/sfhgQgV.png?1

buy my fedore tips. they are are 2 satoshis..


edit: Forgot to say im sorry for your btcs man.. that must be painful

Holy shit, talk about being fucked.  People WERE warned about this so... this is the downside of the risk they took.

Sorry about your collective luck

Don't keep your bitcoins on exchanges, also don't trade on low level exchanges.

They're ptobably taking the high spread and using the extra margin to recapitalize themselves ...they're doomed, no one is going to trade there again by doing this to the customers ...

Were customer coins online instead of in "cold" (offline) wallets ?

Were customers informed of that up front?

As the usual practice is to only have "hot" wallet online isn't it? Containing only coins the exchange "can afford to lose", as in, not customer coins, just the exchange's own "float" and maybe some earnings it earned from fees?

How was a hacker able to access more coins than the exchange "could afford to lose" ?

Or did the human operators actually send the hackers the coins in response to faked data the hackers had insinuated into the accounting database seeming to show the hacker legitimately owned that many coins and wanted to withdraw them?

-MarkM-

Be careful the people behind cryptorush will cry and threaten your life....pussys

what are those cryptorush shares worth now?  :D

Total fucking scam.  Fools lost money here.

are you the markm of arfcom fame?

This is one of many reasons to not support 'junk' coins. These types of exchanges pick them up on LAUNCH day, ppl get sucked into the 'razzle dazzle', and then because their so concerned with having every possible junk coin on their exchange as possible, they even let KNOWN CODE ISSUES on their exchange go un sorted. End result, ppl get screwed, and they make out like a champ, claiming 'hacked'.

Just stop supporting copy-cat junk coins, dont even mine them, and this kind of noncens will become non-factorial.

Need to keep up with the forums.. took a small loss myself by moving to LTC and getting out in time.

I heard the attack was somehow related to their git repo (though that part didn't make sense to me), that allowed hacker access to their wallet linux server via SSH... and well once that happens, it's over....

Is there a tiny chance that they're coming back and sort this shit out? Any updates on twitter... I hate it so don't use it :P I din't have much... just 0.08 BTC there, which I bought ECC and a second later their wallet went into "maintenance" mode. My shit is stuck there in limbo now...

Ah, the old "the password was in the source code" scam, gosh old tricks still working after all this time.

-MarkM-

These days coin prices decline sharply, aren't you a pain, everybody is very painful.

So far the only way I've been able to directly withdraw BTC is at the minimum of .001 BUT the fee is .0006. Not cool. Best find an alt that will cycle out.

EDIT: The highest I've gotten out is .008 in one go but still if you have a lot on BTC stored you'll get nickel and dimed to death. Those .0006's will add up fast.

Actually the lack of communication is the most annoying.

Yes they need to update members every day but no response is creating more problems for them and more frustration for coins holders

Agree. What they doing is quite an unprofessional approach.

I was upset with these rumors and lost my 75% of all total holds at this exchange

Sorry to hear that.

When BAT coin got listed in cryptsy, i moved all my coins as BAT.
Dont know whether the BAT coin withdrawal is suspended now or not.

Look for the next coin to be listed in cryptsy and you could be lucky in narrowing your losses, if you act swiftly.

These crappy exchanges with little security is killing the crypto coin community.

Thank god for Dogecoin.  I took the loss and managed to get everything out in time.  And now they are down. :o  Had previously tried LTC, but I guess they shut that down too as it wasn't working.

Dogecoin is a good investment anyway, I just would have preferred to do more trading in the meantime with those coins before buying in and at the lower price of course.  But it's all good.

I would have loved to do more of the batcoins but 1 sat orders weren't getting filled and 2 sat is a big gamble atm.

Ouch man

Crapcoins do not care about security. Try telling them their chains are too insanely insecure - too little hashing power - for real world use and they freak out totally, all they care about is scamming people with their crappy little insecure toy blockchains.

The only way exchanges can be secure against double-spends and blockchain forks and re-writes and such is by only listing coins that have seriously high hashpower.

But who cares? Just clone a bunch more crapcoins and keep on scamming, what does it matter if you lose a few now and then?

They utterly resist securing their chains, even to the extent of deliberately making them hard to secure.

-MarkM-

I think Sygma mentioned yesterday on #cryptorush that somebody did a git clone of something (presumably CR code) into their webserver document root directory …

Use of malicious negative trust to suppress free speech brings discredit on the bitcoin community

To top this off, small exchanges are not doing security audits by appropriate people. Penetration testers like us will add security factors. Alot of these small exchanges are running open source slightly modified code. If anyone needs help with designing or securing exchange please let us know so we can alleviate these problems in the future.

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