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Author Topic: Bitfinex.com HACKED ??  (Read 3720 times)
MatTheCat
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August 03, 2016, 12:13:24 AM
 #41

119,765 BTC stolen

tchoh....the market will absorb that no bother......barely a fraction of the BTC that the miners have hoarded for dumping in the widely touted$1K + post Halving Event prices.

Kraken Account, Robbed/Emptied. Kraken say "Fuck you, its your loss": https://bitcointalk.org/index.php?topic=1559553.msg15656643#msg15656643

Bitfinex victims. DO NOT TOUCH THE BFX TOKEN! Start moving it around, or trading it, and you will be construed as having accepted it as an alternative means of payment to your USD, BTC, etc.
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According to NIST and ECRYPT II, the cryptographic algorithms used in Bitcoin are expected to be strong until at least 2030. (After that, it will not be too difficult to transition to different algorithms.)
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August 03, 2016, 12:15:36 AM
 #42

119,765 BTC stolen

tchoh....the market will absorb that no bother......barely a fraction of the BTC that the miners have hoarded for dumping in the widely touted$1K + post Halving Event prices.

The market will just absorb 1% of the entire supply being stolen as if it didn't happen? I highly doubt it, maybe in Unicorn Land... Though that's where many people here seem to live anyway.

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August 03, 2016, 12:41:51 AM
 #43

119,765 BTC stolen

tchoh....the market will absorb that no bother......barely a fraction of the BTC that the miners have hoarded for dumping in the widely touted$1K + post Halving Event prices.

The market will just absorb 1% of the entire supply being stolen as if it didn't happen? I highly doubt it, maybe in Unicorn Land... Though that's where many people here seem to live anyway.

Better get that sarcasm detector fixed Wink

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August 03, 2016, 01:55:36 AM
 #44

I withdrew my bitcoins from Bitfinex over a year ago.  There's something just so uncomfortable about leaving a decentralized currency in the hands of a couple of people who can either be hacked, or 'hack' themselves and run off with the coins.
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August 03, 2016, 04:05:03 AM
 #45

It's not really safe to keep those Bitcoins in an exchange, that has been said over and over but there are people who keeps them there and it just tempting for the site owners if they see a lot of zeros stored in their. Not blaming anyone here but lets not give them the reason to run away with our coins. Even the good guys will turn their back when they see an opportunity to earn easy money and remain anonymous.
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August 03, 2016, 04:08:48 AM
 #46

It's not really safe to keep those Bitcoins in an exchange, that has been said over and over but there are people who keeps them there and it just tempting for the site owners if they see a lot of zeros stored in their. Not blaming anyone here but lets not give them the reason to run away with our coins. Even the good guys will turn their back when they see an opportunity to earn easy money and remain anonymous.

You can't blame them. How can you do such trades if you will regularly pullouting your funds. An active trader needs to put all his trading funds in an exchange so that they won't be late when there is a price rally.

For storage that's not an option but for a regular traders it's a must.

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arwin100
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August 03, 2016, 04:26:44 AM
 #47

It's not really safe to keep those Bitcoins in an exchange, that has been said over and over but there are people who keeps them there and it just tempting for the site owners if they see a lot of zeros stored in their. Not blaming anyone here but lets not give them the reason to run away with our coins. Even the good guys will turn their back when they see an opportunity to earn easy money and remain anonymous.

You can't blame them. How can you do such trades if you will regularly pullouting your funds. An active trader needs to put all his trading funds in an exchange so that they won't be late when there is a price rally.

For storage that's not an option but for a regular traders it's a must.


Well that is actually right you must have funds all the time so you can easily do trades whenever your coins are flactuating and if you regularly pulling it out well i think you cannot earn money with it and might you will lose or miss the pump and dump, and theirs nothing wrong on having a balance on exchangers the very wrong thing happened their is if you make it your wallet and stored all your bitcoins their and that thing might compromise us if the exchanger get hack just like what happen now in bitfinix

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