I agree and the site is already hacked. How sure will you be about the safety of the ID itself.

Yes that is the intention.!

Last time when i saw the posts, people were debating on that.
At the moment, i don't think they do.

Yes i agree. Blockchain.info wallet with the browser plugin is pretty secure as it has features like

1) Encrypted backups of the wallet sent to your email. Even if they go out of business tomorrow, you can import them on some other software.
2) The address you get is yours as you get access to the private key as well.
3) Lastly, they have client side encryption of your private if you are using their browser extension.

Unless you need a merchant account or you live in USA, i don't see any other benefits of having a coinbase account over blockchain.info.

Am sorry for your loss mate. Shoot an email to support@inputs.io
Hopefully he can help.

Welcome to the forums.

As benson mentioned, no one is going to offer you mtgox price when buying.
Secondly, where are you getting the exchange prices from.

It is Rs 4.00 INR more per dollar than the retail price (today's XE.com rate which is for banks itself is Rs 62.85. Retail prices are usually about 1.5 INR less.). That itself amounts to about Rs 1,200 more.

And secondly trading paypal for bitcoins is a bad idea. Hundreds have tried on this forums and burnt their hands. Trade with extreme caution.
Buyers can reverse paypal payment or if paypal finds out, it can freeze your account (along with the balance in it).

Edit : Added exchange rates.

Astonishing thing is.. If you follow the inputs.io topic on service announcement.. He has been working on the site re-design when the hack was happening on 10/23.

He launched a new homepage design and 2FA and GPG auth on 10/24 and later.

How can you not see the wallet which holds close to a mil worth of coins atleast once a day.!

Yes i did it for a while but then i figured that it is too good to be true.
Either he is too dumb to have all the 4000 btc under same account on the same server or he is just vacating in Cancoon laughing at people.

He claims he was in shock trying to figure out a way for 14 days so that no IO user lost coins.. Seriously, for 14 days.??
Being a forensics investigator, i know that this is another mistake.. Now all the evidence has gone with the wind.

At the least he could do was disable any deposits. There are many users who have deposited btc this week. That means that those coins are safe and they should get full refund. But that is not the case. They are also getting a partial refund. How fair is that.?

I agree. I smell something fishy here. 4000+ in a hot wallet was a disaster waiting to happen.
I think he was waiting for this payday.! Not sure if the hack is true or not

This comes to me as a shocker. With the type of security TF had in place. The way the attack has been performed seems to me a tricky and sophisticated attack.

My point being, how did the hacker come to know the email address used with the hosting company.
That is kinda weird. They should have compromised the database of the hosting company as well. isn't it.?

Sent you a PM. Let me know..
I have 1 btc readily available.

Interesting.!  This week btcchina became No.1 in volume.
Hopefully you can bypass them someday..! All the best guys.!

P.S : Is there a way that you can get away from having the users to deposit payment to your account. When you start getting volumes, the banks start getting all cranky. If there is no transfer happening on the site, then why would you want them to deposit it to you rather than directly to the seller's account.
That is a overhead cost and time delay to deposit it to your account and you then transfer it to the seller.

I would suggest talk to INRBTC. He might have some ideas.!

lol.. "Happy Ending".. remembered those good old days.

btw howz your "Candy" doing.?

Am in talks with Amith to deal through you.
Will keep you posted.

Just brought 7 btc's from Prajyot.. Super smooth deal and a man of his word.
Professional and communicative throughout the transaction.

+1 for Benson for arranging escrow.

Pm replied.!

still buying and selling btc.
PM me for rates.

Agreed. I don't have any intentions of keeping it. That is the reason i wanted some advise on how to handle it / send it back.
I already have close to 200 GH of hashing power and i don't think that this extra 7 gh/s wouldn't make much of a difference.

I would rather reject it than keep it and deal with them.

Thanks for your reply. It has been closed. As i said, i received the refund within 16 hours of sending the email to paypal on Sep-14th.
Everything was paid using my CC though paypal.
I even withdrew that amount to my bank account over a month ago.

Am now concerned that they might show the shipping confirmation to paypal now and advise paypal to charge my card again (my card / bank account is on file with paypal) for the amount of jala.

Can they do that without my authorization.?

I applied and got my refund on Sep-14th. I was among the first few to get the refund.
Thanks to OP.

However, even after almost 2 months, i received an email from BFL that they shipped my Jala today.
Has anyone else gone through this problem.?

Will they be able to charge me again or file a exception with paypal for my refund and claim that i be charged for their product.?
Any suggestion / help will be appreciated.

Thanks,