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Author Topic: Bitcoin-Central, first exchange licensed to operate with a bank. This is HUGE  (Read 190244 times)
muyuu
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April 03, 2013, 08:48:16 AM
 #461

This will make some extra dough for people who intended to sell but couldn't Cheesy

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April 03, 2013, 08:57:54 AM
 #462

This will make some extra dough for people who intended to sell but couldn't Cheesy

Kinda sucks for people who had pending buy orders out.. *Cough*  Undecided
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April 05, 2013, 10:32:10 AM
 #463

davout, what will happen to existing orders? Will you clear the orderbook?

Please give plenty of advance notice before reopening if you don't because I'd like to pull some sell orders obviously.

EDIT. Sorry, both questions are answered on the page:

Quote
A lot of people have asked about the state of orders currently pending. Due to the recent and important price fluctuations we will cancel some outstanding orders before reopening. For example if the average price stays above 100 EUR/BTC we will cancel all asks below 110 EUR/BTC. No trades will be reversed.

We also don't want to take anyone by surprise and as such will give a 24h notice before trades start to get executed again.

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April 05, 2013, 12:15:30 PM
 #464

I'll just leave this here...

Quote from: davout
Quote from: sethsethseth
Intersango is the oldest and largest exchange to not get hacked.  Your money is probably safer there than any other exchange.
Nope, that would be Bitcoin-Central.net, open-source exchange, older than Britcoin (aka Intersango). Operating smoothly since December 2010. Never hacked.
Since Intersango is apparently unable to keep it together we're launching a new GBP market. Lowest fees available (free incoming wires, 0.99 GBP outgoing wires, 0.498% trade fee)

https://bitcointalk.org/index.php?topic=63877.msg1296575#msg1296575

Moral of the story: never brag about your security.
This was no bragging but simply stating facts.
To stick to facts:
Instawallet was hacked last week but bitcoin-central user balances are safe and NOT affected. The bitcoin-central site was taken off line for security maintenance to upgrade the servers environment.

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April 05, 2013, 12:57:53 PM
 #465

This was no bragging but simply stating facts.

Bragging often consists in stating facts:

to talk with excessive pride about what one has, can do, or has done.
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April 05, 2013, 05:39:32 PM
 #466

The bitcoin-central site was taken off line for security maintenance to upgrade the servers environment.

Yet another self-imposed 48 hour deadline has passed, though. Please make sure you at least post daily updates. Lack of communication is the worst PR ever.
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April 05, 2013, 06:10:58 PM
 #467

I'll just leave this here...

Quote from: davout
Quote from: sethsethseth
Intersango is the oldest and largest exchange to not get hacked.  Your money is probably safer there than any other exchange.
Nope, that would be Bitcoin-Central.net, open-source exchange, older than Britcoin (aka Intersango). Operating smoothly since December 2010. Never hacked.
Since Intersango is apparently unable to keep it together we're launching a new GBP market. Lowest fees available (free incoming wires, 0.99 GBP outgoing wires, 0.498% trade fee)

https://bitcointalk.org/index.php?topic=63877.msg1296575#msg1296575

Moral of the story: never brag about your security.
This was no bragging but simply stating facts.
To stick to facts:
Instawallet was hacked last week but bitcoin-central user balances are safe and NOT affected. The bitcoin-central site was taken off line for security maintenance to upgrade the servers environment.

Glad to hear it. I'm so much more happier now.
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April 05, 2013, 07:02:36 PM
 #468

The bitcoin-central site was taken off line for security maintenance to upgrade the servers environment.

Yet another self-imposed 48 hour deadline has passed, though. Please make sure you at least post daily updates. Lack of communication is the worst PR ever.

This. I think the communication has been awful, despite the rather infrequent notices.
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April 05, 2013, 09:12:00 PM
 #469

I'll just leave this here...

Quote from: davout
Quote from: sethsethseth
Intersango is the oldest and largest exchange to not get hacked.  Your money is probably safer there than any other exchange.
Nope, that would be Bitcoin-Central.net, open-source exchange, older than Britcoin (aka Intersango). Operating smoothly since December 2010. Never hacked.
Since Intersango is apparently unable to keep it together we're launching a new GBP market. Lowest fees available (free incoming wires, 0.99 GBP outgoing wires, 0.498% trade fee)

https://bitcointalk.org/index.php?topic=63877.msg1296575#msg1296575

Moral of the story: never brag about your security.
This was no bragging but simply stating facts.
To stick to facts:
Instawallet was hacked last week but bitcoin-central user balances are safe and NOT affected. The bitcoin-central site was taken off line for security maintenance to upgrade the servers environment.

So, when will it be back up? You missed your deadline...

| Operating electrum.be & us.electrum.be |
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April 05, 2013, 10:42:42 PM
 #470

Quote
[Apr-05 11:30PM CET]

 The service was taken offline last Monday, April 1st, to upgrade security after discovering a security breach. Now that we are finished with the security upgrade, we are going to resume services gradually starting today, April 5th 2013.

 As a first step, Bitcoin-Central and Paytunia customers will be able to access their account with their prior login/password to view their balances (BTC, EUR, GBP or USD). Funds received by bank wire during the service suspension have been credited. The system will be operating in read-only mode. All our bitcoin addresses will be changed to new ones (do not send to your old addresses as they will be deprecated).

 Tomorrow, April 6th, the next step will be taken with the ability to cancel unexecuted orders. Because orders could not be cancelled during the suspension of the service, especially sell orders at a price below today's market prices, we will delete pending orders that were created before the suspension of the service that could be executed immediately. Orders that are more than 20% off the current market prices are not going to be deleted as they are not going to be executed immediately. Customers will have time to review the order book and decide as to whether to keep or delete these "old" orders.

 On Monday, April 8th at 3:00PM CET/Paris Time, full trading will resume with the ability to create and cancel buy and sell orders. Fiat currency (EUR, GBP or USD) withdraws will be available.

 The bitcoin trading platform can be accessed via https://bitcoin-central.net.

 Again, we apologize for the service suspension and the inconvenience of having your funds tied up for a week.
 With full knowledge of the fact that your funds were held secure in spite of a vicious hacker attack, we thank you in particular, for your continued use the trading platform.

 Thanks for your patience and understanding.

Funny to say "today", the 5th - when posting 30mins before midnight.
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April 06, 2013, 04:53:54 PM
 #471

this all thing start to smell bad no?

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
mrbitbank
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April 06, 2013, 05:22:02 PM
 #472

Stinks if you ask me, I would like to see a crime number published if this was reported as a crime, and as some else has pointed out that is not privy or sensitive information. It would just confirm a police investigation is really taking place
Phinnaeus Gage
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April 06, 2013, 06:17:15 PM
 #473

Stinks if you ask me, I would like to see a crime number published if this was reported as a crime, and as some else has pointed out that is not privy or sensitive information. It would just confirm a police investigation is really taking place

+1
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April 07, 2013, 10:06:45 AM
 #474

It's back!! At least for me the btc and € balance are correct
coined
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April 07, 2013, 11:56:42 AM
 #475

I sent some coins in and they got over 20 confirmations and never got added to my account, then the site went down because of the security threat, and now the site is back up and the coins are not there and support ticket goes unanswered for 6 days, I don't want price to crash before they sort this :/ where did the coins that I sent to my old receiving address go?

anyone have something similar happen?
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April 07, 2013, 12:29:58 PM
 #476

They are saying that they are sorting things out manually. Here is the link to their statement https://bitcoin-central.net/notice_2013_04_06
lucb1e
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April 07, 2013, 12:35:54 PM
 #477

It's back!! At least for me the btc and € balance are correct
Same here.

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April 07, 2013, 01:19:46 PM
 #478

They are saying that they are sorting things out manually. Here is the link to their statement https://bitcoin-central.net/notice_2013_04_06

there is nothing there regarding my situation  Sad I sent coins, but before they could get added to my account the site went down, and now that it is back the coins are not there, and that old receiving address I sent them into is now replaced by a new one, so where are the coins I sent in just before the site went offline?
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April 07, 2013, 02:29:31 PM
 #479

things look alright to me.

The cost of mediation increases transaction costs, limiting the
minimum practical transaction size and cutting off the possibility for small casual transactions

Satoshi Nakamoto : https://bitcoin.org/bitcoin.pdf
lucb1e
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April 07, 2013, 03:10:45 PM
 #480

there is nothing there regarding my situation  Sad I sent coins, but before they could get added to my account the site went down, and now that it is back the coins are not there, and that old receiving address I sent them into is now replaced by a new one, so where are the coins I sent in just before the site went offline?
Perhaps someone else here knows the answer (I don't), but you can always open a support ticket. They probably won't be quick to respond though, I imagine they'll be getting lots of questions these days.

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