Deleted because they eventually paid me.

Deleted post because Technocashier eventually paid me though it took just shy of 3 weeks for the payment to arrive.

Technocashier confirmed they would transfer US dollars to my paypal account within 48 hours. When I first complained (after 60 hours of inactivity on their part) they responded by inviting attention to their terms and conditions which (contrary to their warranty to make the transfer within 48 hours) say that transactions can take up to 5-7 working days.

Numerous messages from me have not been responded to  and there is no telephone support line. You are beginning to get the picture.

Total elapsed time since the time of my order is now 11 days 3 hours and 20 minutes. Even allowing for a 7 working day period (which would be in breach of the 48 hour contract anyway), more than 7 working days have now elapsed.

Accordingly, they would appear to have taken my money with the intention of permanently depriving me of it. This is a reasonably held belief on my part amplified by the absence of a telephone support line and/or the absence of any or any proper responses by them to my messages. On any reasonable view, the maximum possible transaction time limit has been exceeded (anomalously longer than their express confirmation the transaction would be completed within 48 hours).

I urge caution before using Technocashier. Read the web reports about them before using them. At best they may be excruciatingly slow (11 days for a straightforward Paypal payment is disgraceful). At worst, they may do to you what they would appear to have done to me.

Avoid Technocashier.

Some traders did not find out about the NXT heist as fast as we found out about it. They may be reacting to old news which we factored into our calculus some time back. Some traders are probably only reacting now to the BTER NXT issue, an issue that we know has already been very substantially resolved.

I cannot offer any guarantee or warranty on the subject but it is nonetheless likely that those who sold at 1400 will feel ill when they see what the price rises to on wallet release. They will be unable to stop themselves calculating losses they made by selling too low. We have all been there. So too, in the near future, will they be there.

Cowardice comes with a price tag. As an alternative, try surfing the inevitable price fluctuations and profit taking (this stuff always happens and is a natural and therefore healthy darwinian process) and enjoy the ride  

I should have used the word 'price' 

Crypti has already been a success. Soon the wallets will go live and hoarders will move coin to their wallets for a rainy day.

Some whales will sell, some will not. In any event, reduced supply and a wider market should on the balance of probabilities, lead to increases in value.

But it does not really matter what I think. The market is a force of nature. Literally anything can happen. It could go down to 0.0000075 satoshi but more likely could rise to 0.001 BTC per Crypti. We shall just have to wait and see. My money is on rises, profit taking and then further rises in value.

Can someone remove this clown from the forum. He is a fucktard of some sort. His posts cause my IQ to plummet.

Just saw it. 28 BTC for about 15 million Crypti. Someone is selling big at quite a good price (0.00001845) given the IPO genesis price was 0.0000085).

Big sell.

One of the traders has been messing about for over an hour, setting really low or really high buy orders and sale orders in an effort to manipulate the market. I suspect they were using trading software because when I pitched buy orders just one satoshi below their sale orders, their software would not allow them to trade against themselves (that is, it no longer allowed them to pitch a buy order one point higher than mine, and this happened about 20 times)

I would not mistreat him in that way. However I think he should be forced to listen to evangelist preachers on television for a few days. That would drive anyone intelligent crazy after 10 minutes or so.

Edit: Now I think about it, the petty psychiatrist charged with caring for Hannibal Lector in Silence of the Lambs forced Hannibal to watch TV preachers by way of punishment. A truly dreadful form of torture for anyone with a three digit IQ. I resolutely oppose torture in all its heinous forms, even in relation to people who are alleged to have acted unlawfully.

I add, amending my profile of the hacker, that he may be Canadian. A website known as the sir.com apparently based in Canada appears to provide training telecommunications related activities. Electronic engineers who specialise in telecoms tend to have reasonable hacking abilities. There is also a company in Germany known as Sircom that makes electronics.

I hope BTER will let the devs go live this evening by enabling the distribution to wallets if that is what investors choose to do.

Steady on Litoshi. Many currencies have had no price changes where the volume is zero or close to zero. This just means no-one can be bothered to trade in those currencies. It does not mean that trading has been ceased by BTER.

How do you know trading has been suspended on any of the coins?

Strictly, BTER is the trading name of Maxcloud Incorporated, which so far as I know is a company registered with the Register of Companies in the British Virgin Islands (that is, it is a company under the jurisdiction of the (British) Crown in the right of the Government of the BVI). The BVI is a British Territory and English law applies, resulting in final appeals being heard by the Privy Council in London.

Bearer shares in BVI companies came to an end in 2010. Most likely, there is a trust structure in place whereby the BVI company merely holds shares in further corporate entities which in turn own interests in the BTER exchange. It is possible to secure International Freezing Injunctions in the High Court of the British Virgin Islands and to enforce those Freezing Injunctions in other EC states (including Switzerland) pursuant to the Brussels & Lugano Convention. In other words, the trust structure in the BVI could be frozen on an ex parte basis (without notice first being provided to the directors or shareholders of the BVI trust entity).

As bearer shares are extremely unlikely (having been redundant in the BVI since December 2010), the structure may be relatively transparent in comparison with complex Cayman Island/BVI/Liechtenstein smorgasbords.

No SPA (sale purchase agreement) of the BVI company would be possible in the absence of Certificates of Good Standing from the Registrar of Companies in the BVI. In other words, BTER will probably resolve the NXT fiasco due to the fact they could easily be targeted by litigators if for any reason they fail to do so.

If they did pull a stunt, the BVI trustee likely to be running their company for them would have to face the music as well. But I do not think BTER intend to dp anything other than honour their comittments. They are a major Crypto exchange and have a good international reputation. However, you should make your own minds up and decide what levels of risk you are prepared to take. Without risk, reward is often minimal. With high risk, reward can be greater. Dont let other people do your thinking for you.

All in all, there is some risk but it is perhaps not as high as some others maintain. I am fairly chillaxed about it all and for the avoidance of doubt I am fully invested on BTER and in XCR. Who dares wins. Enjoy the trading opportunities when the wallet goes live, is how I see it.

I accept there is risk. But dont put it as high as you do. There is one-Sigma p-value BTER will run based on current information. When it gets to 3-Sigma, (against the null hypothesis opposing the hypothesis the NXT heist will lead to a run on BTER) let me know. When I first found out about the NXT heist, I converted my XCR into BTC and fled. However the BTC withdrawal took about 4 hours, by which point I changed my mind. The trading opportunities were too interesting to miss. I put all my trading funds back on BTER and they are still here. Some nice trading has been possible. I consider it worth the risk. Who dares wins.

I rely on what we have been told. Lin from BTER apparently failed to put in place two-factor authentication for a server. The hacker accessed via brute force password attack. That is what we know from what we have been told or can infer from what we have been told.

Edit: Smart people make mistakes too. The difference is that they rectify their errors and tend not to repeat them. I am thinking what everyone else may be thinking, but the proof of the pudding will be whether BTER sort it all out. If they do not, that may give some credence to the conspiracy theorists. However, if they sort it out, then BTER played no deliberate part in this.

I would also vote against it. I have confidence in the devs and BTER to ensure a succesful launch. BTER will likely resolve the NXT issue. They are smart people. Chillax and enjoy the ride.

Edit: If they would release the hacker's IP address and timezone (and also confirm a 200 BTC bounty to serious minds to be paid on his arrest) that would give Jedi's here present something to do whilst they wait. I think it is a kid from the US (note his use of the expression 'already' meaning 'hurry up'). There is a 60% probability he is a white male in his 20s from an upper middle class Jewish American Family living in the suburbs. He probably worked alone and did it from home where he still lives with his oblivious parents. The expression 'already' is more commonly though not exclusively used by Jewish Americans. His parents are possibly academics. Profile end.

Edit: Note also his arrogance, iterating he had cleaned out their NXT account in moments. His profile fits someone who may be contributing to this and other forums and I accept he may be older (obsessive compulsive disorder personality), that his family emigated to America from elsewhere or he was educated at least in part in America, and that he may have used the expression 'already' to disguise his origins.

Sigma certainty may be compared to flipping coins and calculating the odds of the same side (heads or tails) continuously landing sunny side up. But this is somewhat misleading.

In fact, five-Sigma describes a p-value or probability of 3 x 10(-7). That is to say, it describes something highly improbable.

So what is the improbable 'thing' that it describes?

P-values are used to test the probability of hypotheses being correct. There is always a null hypothesis (that X and Y are not to any extent related to one another) and a research hypothesis (that X and Y are correlated).

Researchers always assume the null hypothesis as a starting point and then apply a dataset from experimental observations to see whether or to what extent the null hypothesis is improbable.

When the first data relating to the Higgs Boson emerged from the particle accelerator at CERN, the null hypothesis was immediately under challenge because (as I recollect) 3-Sigma evidence brought the null hypothesis into doubt right from the starting blocks.

When a fuller data set emerged, 5-Sigma certainty was announced, effectively annihilating the null hypothesis. The effect of this was that the Higgs Boson could confidently be confirmed to the waiting world as having been experimentally observed.

6-Sigma certainty is even more stringent. It may be said to overegg an already statistically certain pudding. However, as an emphatic, it forms as useful an addition to vernacular as expletives. Instead of saying that something is absolutely fucking certain, one may say instead that the null hypothesis which opposes it has been demonstrated incorrect by a 6-Sigma dataset.

Edit: One of the BTER research hypotheses published by someone here present is that BTER will fold due to NXT heist losses. That is to say, they assert a correlation between the NXT heist and the imminent collapse of BTER. I disagree because the null hypothesis (that is, the hypothesis that there is no correlation between the NXT heist and the failure of BTER) has not been satisfactorily challenged. Accordingly it is logical to assume that BTER will continue to be a leading global exchange and that the NXT issue will be resolved satisfactorily. If any evidence to the contrary exists (note my use of the word 'evidence'...and for the avoidance of doubt, conspiracy theories are not the same thing as conspiracy facts), pray grace us with same or, following the injunction of Wittginstein, whereof you do not know, thereof say nothing.

BTER is a well established exchange with a good international reputation. It should survive because the hacker apparently did not use TOR to disguise his IP address. If this surprising newflash proves correct, he should be picked up fairly quickly and forced to return the NXT. End of controversy. The hacker is just a kid who is (following the heist and subsequent blackmail) very seriously out of his depth. If located in any countries who subscribe to the European Arrest Warrant Scheme (that is, most countries including Ukraine but not Russia) he will be lifted and extradited by Interpol. If US based, heaven knows what they will do to him. Put him on death row probably. At very least, they will be keen to take pictures of his johnson.