Bitcoin Forum
June 20, 2019, 04:07:00 AM *
News: Latest Bitcoin Core release: 0.18.0 [Torrent] (New!)
 
  Home Help Search Login Register More  
  Show Posts
Pages: [1]
1  Economy / Exchanges / Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE] on: March 10, 2015, 08:14:54 PM
This is their message on twitter :

The trading will be enabled soon. Please do double check your balances and the price in your existing orders.

19.53   March 10 (https://twitter.com/btercom/status/575368822305091584).


Latest update from Twitter:

The previous BTC balance has been moved to BTC-B which will be used as the reference for 100% compensating our user's BTC loss.

I hope they allow BTC-B to be traded. That way those that do not want to wait to be repaid (or do not think they will ever be repaid) can sell their BTC-B to more patient/hopeful people.

Do you all think there are any good trading opportunities that can be taken advantage right after trading resumes? Obviously there will be a rush to withdraw all types of coins. Is there any reason people would really want to buy or sell a certain coin after trading resumes?
2  Economy / Exchanges / Re: BTER.com hacked - 7170 BTC stolen [DON'T KEEP YOUR MONEY ON AN EXCHANGE] on: March 05, 2015, 03:03:51 PM
I submitted a CNY withdrawal on Feb 25th. On Feb 27th the status on Bter.com was updated to say the withdrawal was "Complete" (in Chinese) and with an exact timestamp on Feb 27. Nothing appeared in the bank account so I sent them an email on Mar 1. Their first reply ignored my issue entirely. I asked them again on Mar 3 and this was the reply:

Quote
Dear Sir,
The cny has been returned to you.

If you want to withdraw cny, your account must be switched to the Chinese account.

Then you may go through the identity verification process.

Then your real name will display on the Recipient field when you withdraw. You may withdraw cny to the bank account under your name.

If you want to switch to the Chinese account, please let me know

Best Regards
BTER.COM

After this the CNY appear in my Bter account again. So their system said the withdrawal was "Complete" with an exact withdrawal time even though they never attempted to send it. Sounds like a classic case of stalling, right? Make a fake withdrawal status so the person waits a week thinking everything is ok. And when they find out it was fake make them go through their ID verification which probably takes another week at least.

How long does it take to enable altcoin withdrawals? 2 weeks? 3 weeks? A month? Bter is very good at saying "everything will be ok in one week". Same thing Mintpal did.
3  Economy / Currency exchange / Re: Sell/Trade my Bter CNY for BTC [50,000 CNY @ 5% discount] on: February 25, 2015, 08:17:53 AM
Bter will close the exchange site since got hacked and lost a lot coins according to the news.The money can only be withdrawl to the bank which is same like the bter registered name.

Bter doesn't have registered names. They never had any verification process (for the international site anyway. Maybe they had one for the CN site). You can withdraw to any account.
4  Economy / Currency exchange / Sell/Trade my Bter CNY for BTC [50,000 CNY @ 5% discount] on: February 25, 2015, 07:08:56 AM
I have a Bter account with over 50,000 CNY. Bter is allowing CNY bank withdrawals now but I have no CNY bank account and it is difficult to find any place I can withdraw to.

If you have a CNY bank account then you can easily withdraw the CNY from Bter.

So you pay me BTC, I give you access to the Bter account. Or I transfer CNY to your bank account and you send me BTC.

I will give you a 5% discount on the market rate of CNY/BTC.

Escrow using a trusted community member is ok.

Send me a PM if you are interested instead of posting in the thread.
Pages: [1]
Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!