Bitfinex HACKED - funds stolen !

[Das]

Wow! I am surprised at the sharp recovery. It was $520 about five hours ago, I guess people have recovered quickly from the shock of bifinex getting hacked.

[clickerz]

Some News!!  

https://news.bitcoin.com/bitfinex-us-regulation-cold-storage/

The idea of returning stolen funds is in fact circulating elsewhere, Tackett being told by a core developer, now thats fucked up!

Thats a welcome development if its true. Or shall I say just a message to appease the public? Hoping that its true to their word as many investor are worrying,some invested hundreds or thousands of dollar from their hard earned money.

[InvoKing]

BTC price is recovering nicely, back over 570. I was expecting it to take a few weeks to recover.

This makes me happy. The truth is I've always been optimistic about the outcome Bitcoin rating in August. This month shall return the old price. We wait.

Not before solving the bitfinex issue and any move could have a big impact in the price by now... Hope it will not decrease more than that... 

[airsounds]

BTC price is recovering nicely, back over 570. I was expecting it to take a few weeks to recover.

This makes me happy. The truth is I've always been optimistic about the outcome Bitcoin rating in August. This month shall return the old price. We wait.

im also always optimistic about the price, i think that the price is going to be growing a lot in the future, i hope that bitfinex hack will be soon forgotten

[ShrykeZ]

Bitcoin will recover, sad that this keeps on happening...

[Strongkored]

Bitcoin will recover, sad that this keeps on happening...

Yeah, I think the price of bitcoin will be back after the case of bitfinex resolved or at least there is a solution of the case. Because it is possible bitfinex will be closed forever and this of course will deepen bitcoin prices. But I hope it does not happen.

[mitache365]

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.

To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 UTC:

BTCUSD:   604.06000000
ETHUSD:   10.19050000
ETHBTC:   0.01689900
ETCUSD:   2.83700000
ETCBTC:   0.00471495
LTCUSD:   3.75180000
LTCBTC:   0.00621295
Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.

The Bitfinex Team

[shinratensei_]

Wow! I am surprised at the sharp recovery. It was $520 about five hours ago, I guess people have recovered quickly from the shock of bifinex getting hacked.

Okay, and it's good recovery and who the people is buying the bitcoin at the price is lower than $540 or in $520 i sure the earning the profit, I'm feeling bad I'm not buying bitcoin in $520

[nmtrader100]

Multiple lawsuits coming.  If they think they can just spread the losses and continue business as usual, I have a bridge to sell them in China.  

[Megaquake]

This article should be relevant to the current situation regarding Bitgo wallets and their security lol.

https://news.bitcoin.com/frmr-us-mint-director-bitcoin-retirement/

[Romanko]

This guy also has his opinion about what happened:
https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened

[danherbias07]

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.

To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 UTC:

BTCUSD:   604.06000000
ETHUSD:   10.19050000
ETHBTC:   0.01689900
ETCUSD:   2.83700000
ETCBTC:   0.00471495
LTCUSD:   3.75180000
LTCBTC:   0.00621295
Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.

The Bitfinex Team

I think this is why it is getting back to its price. At least they are doing something. I thought it will be a hit and run.  But the trust cannot be taken back. There is a stain now.

[Doms]

It is a good sign to see the price recover a bit. It shows that there's still a good amount of trust in bitcoin. Good thing for me that I bought a few yesterday. Let us just hope that this hacking incident can be minimized, if not eliminated altogether.

[smoothie]

Terrible situation. It seems that there are no safe places these days.

Wrong.

Cold storage (offline wallets) = SAFE

[goinmerry]

It is a good sign to see the price recover a bit. It shows that there's still a good amount of trust in bitcoin. Good thing for me that I bought a few yesterday. Let us just hope that this hacking incident can be minimized, if not eliminated altogether.

Then you are one of the reason it is going up. You bought bitcoin and demands are up. We are the reason. Seeing the price is too low a lot of us bought and look we are now profiting from it.

[smoothie]

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.

To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 UTC:

BTCUSD:   604.06000000
ETHUSD:   10.19050000
ETHBTC:   0.01689900
ETCUSD:   2.83700000
ETCBTC:   0.00471495
LTCUSD:   3.75180000
LTCBTC:   0.00621295
Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.

The Bitfinex Team

I think this is why it is getting back to its price. At least they are doing something. I thought it will be a hit and run.  But the trust cannot be taken back. There is a stain now.

What exactly of substance are they doing differently than say MtGox?

Until actions materialize it is all talk.

[philipma1957]

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.

To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 UTC:

BTCUSD:   604.06000000
ETHUSD:   10.19050000
ETHBTC:   0.01689900
ETCUSD:   2.83700000
ETCBTC:   0.00471495
LTCUSD:   3.75180000
LTCBTC:   0.00621295
Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.

The Bitfinex Team

Would love to see my account.

   I should get some eth coin back  since some was idol in my deposit address.

My funds were not very high in the first place.

[smoothie]

This guy also has his opinion about what happened:
https://steemit.com/news/@r0achtheunsavory/bitfinex-is-lying-about-the-hack-and-i-can-tell-you-exactly-what-likely-happened

I love the following quote as it shows he knows 100% what he is talking about:

Another obvious reason they've been insolvent for a long time is, a guy I know...

Perhaps the rest of his post is pretty accurate, can't stand that statement of "I know a guy" or "a guy I know"....what on the interwebz??

[smoothie]

We are currently in an ongoing process of restoring limited functionality in a secure environment, with full functionality coming afterwards in progressive stages. The first step is bringing the site online and allowing users to login and view the state of their accounts. Note that initially trading, deposits, withdrawals, and other core site functionality will be disabled.

To accommodate the relaunch, all withdrawals, open orders, and open funding offers will be canceled. Furthermore, in order to compute losses for relevant parties, settlement of all financed positions will occur in all accounts. Margin positions for all pairs will be settled and closed using the following prices, representing the midpoint of the bid and ask on August 2, 2016 at 18:00:00 UTC:

BTCUSD:   604.06000000
ETHUSD:   10.19050000
ETHBTC:   0.01689900
ETCUSD:   2.83700000
ETCBTC:   0.00471495
LTCUSD:   3.75180000
LTCBTC:   0.00621295
Further announcements about the next steps of the relaunch will be posted as progress is made. All significant changes to feature availability will be announced in advance. We will strive to keep you as informed as we can.

The Bitfinex Team

Would love to see my account.

   I should get some eth coin back  since some was idol in my deposit address.

My funds were not very high in the first place.

Not claiming I know the future, but these statements remind me of previous hacks/thefts where there was supposed to be liquidation of funds then that never materialized.

[ImHash]

inside job.
inside job.
inside job.
when they see lots of coins sitting around of course they grab them all and run.
you throw a piece of juicy meat in front of a cat a hungry one and expect the cat not to jump on it, nature is nature man.