Bitcoin Forum
April 17, 2014, 11:07:19 AM *
News: ♦♦ A bug in OpenSSL, used by Bitcoin-Qt/Bitcoin Core, could allow your bitcoins to be stolen. Immediately updating Bitcoin Core to 0.9.1 is required in some cases, especially if you're using 0.9.0. Download. More info.
The same bug also affected the forum. Changing your forum password is recommended.
 
   Home   Help Search Donate Login Register  
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42
  Print  
Author Topic: bitfloor needs your help!  (Read 92042 times)
whitslack
Member
**
Offline Offline

Activity: 112



View Profile

Ignore
September 12, 2012, 02:08:18 PM
 #501

My ACH withdrawal has just been processed/received to the tune of $2000 USD. He's working on things.
My ACH withdrawal of ~$540 hit my bank account this morning, too.
1397732839
Hero Member
*
Offline Offline

Posts: 1397732839

View Profile Personal Message (Offline)

Ignore
1397732839
Reply with quote  #2

1397732839
Report to moderator
1397732839
Hero Member
*
Offline Offline

Posts: 1397732839

View Profile Personal Message (Offline)

Ignore
1397732839
Reply with quote  #2

1397732839
Report to moderator
1397732839
Hero Member
*
Offline Offline

Posts: 1397732839

View Profile Personal Message (Offline)

Ignore
1397732839
Reply with quote  #2

1397732839
Report to moderator
The Latest in ASIC Scrypt Miners. FREE Same-Day Shipping.
GAWMiners.com - Promo Code: FREESHIPPING
Mining Made Easy
For Everyone

Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1397732839
Hero Member
*
Offline Offline

Posts: 1397732839

View Profile Personal Message (Offline)

Ignore
1397732839
Reply with quote  #2

1397732839
Report to moderator
1397732839
Hero Member
*
Offline Offline

Posts: 1397732839

View Profile Personal Message (Offline)

Ignore
1397732839
Reply with quote  #2

1397732839
Report to moderator
subject
Jr. Member
*
Offline Offline

Activity: 41


View Profile

Ignore
September 12, 2012, 02:33:43 PM
 #502

Maybe something like this would help for round 2 of Bitfloor:

http://codeascraft.etsy.com/2012/09/11/announcing-the-etsy-security-bug-bounty-program/

unclemantis
Member
**
Offline Offline

Activity: 98


(:firstbits => "1mantis")


View Profile

Ignore
September 12, 2012, 04:50:15 PM
 #503

Agreed, so as time passes more and more of bitcoin is fading away with no word of any action or future plans.  It is begging to look more and more like there will be not bitfloor in the future.  Please someone tell me that is not the case but until then I will keep an eye out for the future blog of what action (or talk of action) do we do next those who were with bitfloor.

My ACH withdrawal has just been processed/received to the tune of $2000 USD. He's working on things.

A little slower than usual. I still have not gotten my ACH withdrawal as of yet. Starting to get the jitters again. I withdrew HALF of my USD via ACH this past Sunday. it is now Wednesday and still nothing.

I will contact support today.

PHP, Ruby, Rails, ASP, JavaScript, SQL
20+ years experience w/ Internet Technologies
Bitcoin OTC | GPG Public Key                                                                               thoughts?
unclemantis
Member
**
Offline Offline

Activity: 98


(:firstbits => "1mantis")


View Profile

Ignore
September 12, 2012, 04:51:20 PM
 #504

I am getting the following message when trying to log in.

504 Gateway Time-out

The server didn't respond in time.

PHP, Ruby, Rails, ASP, JavaScript, SQL
20+ years experience w/ Internet Technologies
Bitcoin OTC | GPG Public Key                                                                               thoughts?
ErebusBat
Hero Member
*****
Offline Offline

Activity: 546

I am the one who knocks


View Profile

Ignore
September 12, 2012, 06:10:08 PM
 #505

I am getting the following message when trying to log in.

504 Gateway Time-out

The server didn't respond in time.
Email support

░▒▓█ Coinroll.it - 1% House Edge Dice Game █▓▒░ • Coinroll Thread • *FREE* 100 BTC Raffle

Signup for CEX.io BitFury exchange and get GHS Instantly!  Don't wait for shipping, mine NOW!
Rassah
Hero Member
*****
Offline Offline

Activity: 1064


Director of Bitcoin100


View Profile

Ignore
September 12, 2012, 07:35:10 PM
 #506

My paltry $22.22 came back yesterday too.

If one of those options being discussed is a bond or investment, could others get in on that too? Or would it be a private deal?

unclemantis
Member
**
Offline Offline

Activity: 98


(:firstbits => "1mantis")


View Profile

Ignore
September 12, 2012, 07:37:38 PM
 #507

Agreed, so as time passes more and more of bitcoin is fading away with no word of any action or future plans.  It is begging to look more and more like there will be not bitfloor in the future.  Please someone tell me that is not the case but until then I will keep an eye out for the future blog of what action (or talk of action) do we do next those who were with bitfloor.

My ACH withdrawal has just been processed/received to the tune of $2000 USD. He's working on things.

A little slower than usual. I still have not gotten my ACH withdrawal as of yet. Starting to get the jitters again. I withdrew HALF of my USD via ACH this past Sunday. it is now Wednesday and still nothing.

I will contact support today.

Roman replied to my support email. I should give it another day or so.

PHP, Ruby, Rails, ASP, JavaScript, SQL
20+ years experience w/ Internet Technologies
Bitcoin OTC | GPG Public Key                                                                               thoughts?
peasant
Sr. Member
****
Offline Offline

Activity: 260


Welcome to the Jungle!


View Profile

Ignore
September 12, 2012, 07:52:08 PM
 #508

I got mine in a timely manner when i did it. When is this exchange gonna open up again? The coins are building up and satoshi dice are getting your business at the moment.  Cheesy

Don't Hate, Donate:

1tvHPrQgfjCqVVAr8XzBU9nsxm45wQSbz
joesdc
Newbie
*
Offline Offline

Activity: 21


View Profile

Ignore
September 12, 2012, 08:23:04 PM
 #509

I have been in contact with various individuals discussing the future of bitfloor and finding a way to proceed. Updates cannot be posted until a decision is reached as I do not wish to spread misinformation. I can say that all my efforts are focused on keeping bitfloor alive. It takes time to speak to all of the interested parties and come up with a solution.

Any plan to re-pay the lost bitcoin? I see this as being an important way to regain the trust of the community. There are other exchanges that have not been compromised that work well, what incentive do I have with going with an exchange that lost so much BTC and has made 0 claims of repayment. I just don't see it being wise for the community to help bitfloor out until repayment is discussed. If there is no plan to repay lost BTC then the community should not back the rebuilding of bitfloor.
SgtSpike
Hero Member
*****
Offline Offline

Activity: 1106


Firstbits: 18tkn


View Profile WWW

Ignore
September 12, 2012, 08:49:58 PM
 #510

I have been in contact with various individuals discussing the future of bitfloor and finding a way to proceed. Updates cannot be posted until a decision is reached as I do not wish to spread misinformation. I can say that all my efforts are focused on keeping bitfloor alive. It takes time to speak to all of the interested parties and come up with a solution.

Any plan to re-pay the lost bitcoin? I see this as being an important way to regain the trust of the community. There are other exchanges that have not been compromised that work well, what incentive do I have with going with an exchange that lost so much BTC and has made 0 claims of repayment. I just don't see it being wise for the community to help bitfloor out until repayment is discussed. If there is no plan to repay lost BTC then the community should not back the rebuilding of bitfloor.
You need to read between the lines in his post.  That's exactly what he's working on figuring out when he says "finding a way to proceed".

CA Coins
Donator
Sr. Member
*
Offline Offline

Activity: 295


View Profile

Ignore
September 12, 2012, 10:12:50 PM
 #511

Got around $900 USD back through ACH.  I am leaving some USD in the exchange and hoping Roman good luck in getting bitfloor back operational.
Stephen Gornick
Hero Member
*****
Offline Offline

Activity: 1232



View Profile WWW

Ignore
September 13, 2012, 01:20:57 AM
 #512

I am leaving some USD in the exchange

If a creditor, whether it is someone who held a bitcoin balance or maybe an ISP, forces BitFloor to file for bankruptcy, your USDs are gone -- and probably will then go to the lawyers who will be paid first.

 - http://www.blakeleyllp.com/content/2011/05/02/a-proper-purpose-for-commencing-an-involuntary-bankruptcy-petition-preserving-a-preference-action
 
 - https://blog.bdo.com/index.php/2011/06/23/treatment-of-customer-deposits-after-a-retailer-files-for-bankruptcy/

If BitFloor finds investment capital and regains solvency, you can always add funds back into your account.  In the meantime though, don't think you are doing BitFloor a favor by not pulling every one of your USDs out.

joesdc
Newbie
*
Offline Offline

Activity: 21


View Profile

Ignore
September 13, 2012, 06:19:28 AM
 #513

You need to read between the lines in his post.  That's exactly what he's working on figuring out when he says "finding a way to proceed".
[/quote]

I would prefer he actually say it than just assume it. I'm not asking for a specific on how or when just a simple "and repay stolen BTC" would be enough.
subject
Jr. Member
*
Offline Offline

Activity: 41


View Profile

Ignore
September 13, 2012, 09:25:31 AM
 #514

I would prefer he actually say it than just assume it. I'm not asking for a specific on how or when just a simple "and repay stolen BTC" would be enough.

He also said he doesn't want to spread misinformation before anything is 100% assured.
I'm certain he's trying his hardest to get the site back operational and to pay back all that was lost. He's simply covering his ass just a little (since we all know how people can get on these forums).
miscreanity
Hero Member
*****
Offline Offline

Activity: 980


View Profile

Ignore
September 14, 2012, 04:05:01 AM
 #515

I am getting the following message when trying to log in.

504 Gateway Time-out

The server didn't respond in time.

I was getting that error as well. Using a different connection, it worked fine.

Coinbase | 12qc3PQnukHbWzMmjsdiwnE5Z1qTS1Q5oC
BTC >$30 by 7/2013 | BTC > $100 by 5/2014
BitcoinForLiberty
Jr. Member
*
Offline Offline

Activity: 37


View Profile

Ignore
September 14, 2012, 07:22:14 PM
 #516

I noticed at 9:00 EST this morning that bitfloor could no longer be logged in to -- there was simply a message saying it was down for maintenance. An hour or two later I noticed my browser timed out when I attempted to load the homepage. This is still happening. I would like an update from Shtylman as to what is going on with the site. Makes me wonder if this is the new permanent state of bitfloor. Hope not.
shtylman
Sr. Member
****
Offline Offline

Activity: 243



View Profile

Ignore
September 14, 2012, 08:34:25 PM
 #517

I noticed at 9:00 EST this morning that bitfloor could no longer be logged in to -- there was simply a message saying it was down for maintenance. An hour or two later I noticed my browser timed out when I attempted to load the homepage. This is still happening. I would like an update from Shtylman as to what is going on with the site. Makes me wonder if this is the new permanent state of bitfloor. Hope not.

I am migrating the bitfloor servers. As the migration to new servers takes effect you will see the website again. This should take no more than 24 hours before you can access the site again.
joesdc
Newbie
*
Offline Offline

Activity: 21


View Profile

Ignore
September 18, 2012, 03:25:40 PM
 #518

I would prefer he actually say it than just assume it. I'm not asking for a specific on how or when just a simple "and repay stolen BTC" would be enough.

He also said he doesn't want to spread misinformation before anything is 100% assured.
I'm certain he's trying his hardest to get the site back operational and to pay back all that was lost. He's simply covering his ass just a little (since we all know how people can get on these forums).

So basically I need the help of the community to get bitfloor up and running but I don't feel comfortable giving you even the slightest hint at if we plan to paying the stolen bitcoin back. I'm ok with him not being specific to how much or how long or any of those kind of details a simple "make right what was lost" would be enough. There is a difference between not trying to spread misinformation and avoiding something altogether. The response from the community should be we don't feel comfortable supporting you until you have made it clear accounts will be repaid.
DeathAndTaxes
Donator
Hero Member
*
Offline Offline

Activity: 966



View Profile WWW

Ignore
September 18, 2012, 03:37:22 PM
 #519

I would prefer he actually say it than just assume it. I'm not asking for a specific on how or when just a simple "and repay stolen BTC" would be enough.

He also said he doesn't want to spread misinformation before anything is 100% assured.
I'm certain he's trying his hardest to get the site back operational and to pay back all that was lost. He's simply covering his ass just a little (since we all know how people can get on these forums).

So basically I need the help of the community to get bitfloor up and running but I don't feel comfortable giving you even the slightest hint at if we plan to paying the stolen bitcoin back. I'm ok with him not being specific to how much or how long or any of those kind of details a simple "make right what was lost" would be enough. There is a difference between not trying to spread misinformation and avoiding something altogether. The response from the community should be we don't feel comfortable supporting you until you have made it clear accounts will be repaid.

It is entirely possible bitfloor will go bankrupt.  It needs new investors (and new capital) to restart.  Those investors may (almost certainly will) have requirements and conditions.  Making promises (even open ended and vague) is counter productive. 


Quote
a simple "make right what was lost" would be enough
It is never that simple.  bitfloor, Inc doesn't have the funds to make right.  Period.  To make it right requires attracting new capital. Making promises before you have the ability to execute them is just false hope.  I am fairly confident that bitfloor will attract the capital it needs.  I have even indicated I am willing to provide some of that capital however "fixing" a loss like this is tricky.  The deal has to make sense for current creditors, it has to make sense for Roman, it has to make sense from a business perspective (being competitive, properly capitalized), and it has to make sense for investors.

Roman is doing the right thing IMHO.  That doesn't mean creditors will get paid, it must means blabbing on the forum makes it LESS LIKELY creditors will get paid.

Gerald Davis  CEO, Tangible Cryptography Inc.
BitSimple. A simpler way to buy and sell bitcoins
dreamwatcher
Hero Member
*****
Offline Offline

Activity: 672


View Profile WWW

Ignore
September 18, 2012, 04:27:46 PM
 #520

I am not sure if Bankruptcy is an option anymore, his creditors that happen to have USD in their accounts have been paid back AFTER the incident.

If he declares Bankruptcy now, a bankruptcy judge might consider that "favoring certain creditors".

What bothers me even more, and not just in the Bitfloor incident, being a business person myself I know the important of INSURANCE when running a business.

It seems to me a large chunk of these BTC business that get "hacked" do not even have basic business insurance policies. Some of these business are even properly registered in there respective states under some corporate structure and I know in some jurisdictions it is REQUIRED to carry a certain level of protection.

Most professionals are required to carry insurance, and you know damm well that any smart successful business is going to cover their ass, required by law or not.

Why does the BTC business community feel no need to carry it?



All my donation addresses are on www.cryptocoinexplorer.com
Pages: 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 [26] 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42
  Print  
 
Jump to:  

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!