Do you think guys the hack bitcoin from bitfinex still not sold?

[talkbitcoin]

they can not and will not sell that much bitcoin in one day, and certainly the hacker will never sell it on an exchange site like the normal people.

they may even never sell it publicly or even not on blockchain. they can sell the private keys offline and change it face to face so we never know it was ever sold!

[xdrpx]

Most larger exchanges may trace the origin of those funds and blacklist them from exchanging to fiat. Some smaller local exchanges can still happen offline or via other smaller online exchanges that don't bother about tracing stolen coins, may enabled them to sell. But I feel it's going to have to a slow process for them considering it is such a large amount.

[doublemore]

He/she/they are going to have a large man hunt since bitfinex said they will be releasing details of hack. Depends on who they are but there is a chance they dont feel safe. Hackers have done deals before, but yeah if its to do with a bank its diffferent.  It depends who who they are if they care.

If i want to make a hack this big (and by the way i never did or will, because i am to dumb and afraid) i better make sure, that i just do it if i can do it in a way that i will fell safe afterwards.
also i better have a plan b, plan c and plan d. just in case something goes wrong.

Yeah but thats in an ideal scenario, there could be good chance the hacker is a previous finex customer and got better at hacking over time.  So if finex has a 10k customer list they could start working through and narrowing things down, who knows.  If they show the public all details also.  Its all speculation.

maybe he is a previous customer but i do not think bitfinex will check all the customers good enough to find something out. if the hacker did not make any big mistakes. also bitfinex should be careful what details they give to the public. certainly they will not give all their customer informations out.

They wont give customer details out no but they will give all other details.  I think they will be checking through customers as there is 70 mil missing its worth the time, many of these customers they can narrow it down.

[pereira4]

They can't move them or sell them.

Other exchanges would freeze the dirty coins. They'll likely just sit there unused.

Exactly! Just like all those other dirty coins.

Rank	Name	Severity (January 2014 BTC)	USD Equivalent
1	2014 Mt. Gox Collapse	850000.000 BTC	700258171 $
2	Silk Road Seizure	32716.283 BTC	26867560 $
3	Sheep Marketplace Incident	4978.276 BTC	4070923 $
4	Silk Road 2 Incident	4400.000 BTC	3624866 $
5	GBL Scam	4185.734 BTC	3437446 $
6	MintPal Incident	3894.492 BTC	3208412 $
7	Bitcoin Savings and Trust	3700.408 BTC	2983473 $
8	PicoStocks Hack	3679.520 BTC	3009397 $
9	MyBitcoin Theft	1395.691 BTC	1072570 $
10	CryptoRush Theft	950.000 BTC	782641 $
11	Flexcoin Theft	896.104 BTC	738240 $
12	BIPS Hack	808.140 BTC	660959 $
13	Inputs.io Hack	780.069 BTC	640615 $
14	James Howells Loss	763.965 BTC	627659 $
15	Allinvain Theft	580.983 BTC	445688 $
16	BASIC-MINING	405.445 BTC	332963 $
17	July 2012 Bitcoinica Theft	398.757 BTC	315133 $
18	Bitfloor Theft	338.861 BTC	273209 $
19	Bitcash.cz Hack	302.517 BTC	247422 $
20	Bitomat.pl Loss	301.332 BTC	231570 $
21	Bitcoin Rain	283.696 BTC	231440 $
22	Linode Hacks	281.818 BTC	223278 $
23	May 2012 Bitcoinica Hack	240.993 BTC	191638 $
24	ZigGap	240.128 BTC	195490 $
25	Vircurex Theft	199.938 BTC	163351 $
26	Tony Silk Road Scam	184.356 BTC	146944 $
27	Stefan Thomas Loss	162.675 BTC	124793 $
28	Just Dice Incident	132.436 BTC	108807 $
29	Cdecker Theft	129.745 BTC	104607 $
30	Ozcoin Theft	129.713 BTC	105600 $
31	Mass MyBitcoin Thefts	93.409 BTC	71656 $
32	BTCGuild Incident	88.939 BTC	72556 $
33	2013 Fork	68.094 BTC	55551 $
34	Bit LC Theft	63.434 BTC	51480 $
35	June 2011 Mt. Gox Incident	61.428 BTC	47123 $
36	Kronos Hack	53.633 BTC	42859 $
37	2012 Trojan	49.054 BTC	39146 $
38	BTC-E Hack	44.860 BTC	35452 $
39	Mooncoin Theft	28.831 BTC	22346 $
40	Bitcoin7 Incident	20.703 BTC	15980 $
41	Ubitex Scam	20.189 BTC	15515 $
42	Betcoin Theft	19.490 BTC	15534 $
43	Bitcoin Syndicate Theft	18.469 BTC	14595 $
44	2012 50BTC Theft	16.678 BTC	13437 $
45	Andrew Nollan Scam	13.961 BTC	10895 $
46	October 2011 Mt. Gox Loss	10.804 BTC	8340 $
47	Bitscalper Scam	8.156 BTC	6461 $
48	Stone Man Loss	0.758 BTC	544 $

Lol the "Stone man loss" thing is a very small amount. That would be impossible to find out once run through a mixer then sold. No problem in doing this with any amount to be honest, you would need just a lot of time and pay fees to mixers. As far as I know mixers don't care if the coins they receive are from a thieft.

[danherbias07]

They can't move them or sell them.

Other exchanges would freeze the dirty coins. They'll likely just sit there unused.

Exactly! Just like all those other dirty coins.

Rank	Name	Severity (January 2014 BTC)	USD Equivalent
1	2014 Mt. Gox Collapse	850000.000 BTC	700258171 $
2	Silk Road Seizure	32716.283 BTC	26867560 $
3	Sheep Marketplace Incident	4978.276 BTC	4070923 $
4	Silk Road 2 Incident	4400.000 BTC	3624866 $
5	GBL Scam	4185.734 BTC	3437446 $
6	MintPal Incident	3894.492 BTC	3208412 $
7	Bitcoin Savings and Trust	3700.408 BTC	2983473 $
8	PicoStocks Hack	3679.520 BTC	3009397 $
9	MyBitcoin Theft	1395.691 BTC	1072570 $
10	CryptoRush Theft	950.000 BTC	782641 $
11	Flexcoin Theft	896.104 BTC	738240 $
12	BIPS Hack	808.140 BTC	660959 $
13	Inputs.io Hack	780.069 BTC	640615 $
14	James Howells Loss	763.965 BTC	627659 $
15	Allinvain Theft	580.983 BTC	445688 $
16	BASIC-MINING	405.445 BTC	332963 $
17	July 2012 Bitcoinica Theft	398.757 BTC	315133 $
18	Bitfloor Theft	338.861 BTC	273209 $
19	Bitcash.cz Hack	302.517 BTC	247422 $
20	Bitomat.pl Loss	301.332 BTC	231570 $
21	Bitcoin Rain	283.696 BTC	231440 $
22	Linode Hacks	281.818 BTC	223278 $
23	May 2012 Bitcoinica Hack	240.993 BTC	191638 $
24	ZigGap	240.128 BTC	195490 $
25	Vircurex Theft	199.938 BTC	163351 $
26	Tony Silk Road Scam	184.356 BTC	146944 $
27	Stefan Thomas Loss	162.675 BTC	124793 $
28	Just Dice Incident	132.436 BTC	108807 $
29	Cdecker Theft	129.745 BTC	104607 $
30	Ozcoin Theft	129.713 BTC	105600 $
31	Mass MyBitcoin Thefts	93.409 BTC	71656 $
32	BTCGuild Incident	88.939 BTC	72556 $
33	2013 Fork	68.094 BTC	55551 $
34	Bit LC Theft	63.434 BTC	51480 $
35	June 2011 Mt. Gox Incident	61.428 BTC	47123 $
36	Kronos Hack	53.633 BTC	42859 $
37	2012 Trojan	49.054 BTC	39146 $
38	BTC-E Hack	44.860 BTC	35452 $
39	Mooncoin Theft	28.831 BTC	22346 $
40	Bitcoin7 Incident	20.703 BTC	15980 $
41	Ubitex Scam	20.189 BTC	15515 $
42	Betcoin Theft	19.490 BTC	15534 $
43	Bitcoin Syndicate Theft	18.469 BTC	14595 $
44	2012 50BTC Theft	16.678 BTC	13437 $
45	Andrew Nollan Scam	13.961 BTC	10895 $
46	October 2011 Mt. Gox Loss	10.804 BTC	8340 $
47	Bitscalper Scam	8.156 BTC	6461 $
48	Stone Man Loss	0.758 BTC	544 $

Where did you get this list? I am just curious and want to read the talk there. Maybe I can get somme information if an exchange site is near the scamming state.

[serjent05]

What do you think guys about the funds from bitfinex do you think they already sell those bitcoin in the other market.? thats why the price of bitcoin is down or thats why the price of bitcoin is down its because they already seen the news about hacking bitfinex? an many people saw this news and sell their bitcoin thats why the price of bitcoin is down?

Probably portion of it is sold already but majority the coins is still sitting in thewallet.  Well, I think the thief must be careful on selling the coins so he won't traced.  The process of sellinng might take sometime for it is a huge amount of money.  One thing is can it be traced if the thief use a mixer?

[De Selby]

In a sense, getting away with the hack is the easiest part, really. The real problem is laundering the funds in a secure way. Using one (or several) mixing services is fine in theory, but you would still have to trust a centralized service which, for all we know, could be run by law enforcement. Imagine pulling off one of the biggest thefts in record history, only to lose everything because you got caught in a LE honeypot!

It is for the above reasons that I'm assuming the hackers know of a better way to go about the whole process. My best guess would be that they're really part of an international crime syndicate employing money mules to cash out the funds and launder the stole lucre through "regular", time-tested money laundering channels.

[razor5cl]

If the stolen coins aren't sold, are they going to be sold eventually? I find it odd that a hacker would perform such a large attack and steal lots of money, only to just throw it away. My personal guess would be they're going to launder the coins, and spend them/sell them for cash. However could such an attack be politically/socially motivated rather than just for the money? Sounds like the sort of thing certain "hacktivists" would do.

[Yakamoto]

I think the guy hasn't done very much with his Bitcoin, unless he's already sold a lot of it so far. I would expect him to be mixing some small amounts for the next while and not bringing much attention to him or his addresses. He'll likely lay low for at least a month or two, and chances are he won't go back on the internet for a while. Just unplug all his stuff and not do anything else, to try and keep his identity a secret.

The dude has $63,000,000 stored away now, he won't have to do anything ever again if he doesn't want to.

[BTCLovingDude]

do we know any of the addresses belonging to the hacker? i always see an address being officially published by the hacked site. but this time i can't find any. am i blind or finex never published it?

anyways those funds are not going to be sold this soon. they will probably stay stationary for a very long time, even a couple of years, before the hacker moves them.

[r.o.o.t]

Hitler about Bitfinex - quite funny

https://www.youtube.com/watch?v=CN4RdrN80ic

[.m.]

Making fun from us poor

[aamarket]

List of addresses, emptied of course :

https://gist.github.com/dooglus/f4e8f49eb5dd7eb3de05428149ea3e3b

[BitAurum]

I think the guy hasn't done very much with his Bitcoin, unless he's already sold a lot of it so far. I would expect him to be mixing some small amounts for the next while and not bringing much attention to him or his addresses. He'll likely lay low for at least a month or two, and chances are he won't go back on the internet for a while. Just unplug all his stuff and not do anything else, to try and keep his identity a secret.

The dude has $63,000,000 stored away now, he won't have to do anything ever again if he doesn't want to.

There's no point in having all that cash if your not going to use it. Might as well return it to their original owners.

[hasiramasenju]

as many people said that last month the prices dumped because they were panic selling after those incident and i don't think the hackers already sell their bitcoin and maybe will difficult to them to bulk sell because every exchanges do not accept suspicious activity

[pissedoff]

as many people said that last month the prices dumped because they were panic selling after those incident and i don't think the hackers already sell their bitcoin and maybe will difficult to them to bulk sell because every exchanges do not accept suspicious activity

If the hackers dump their bitcoins in bulk on any exchange it will make the bitcoin market price go down a lot and the sale will be clear.

[hawkins]

I do not know, I feel that he sells bitcoin such small amounts so as to make him do not get caught. sold at very low prices in large quantities, will make bitcoin prices to be down, and tu will be very dangerous for hackers, because it might make getting caught

[crairezx20]

i think No, because the amount that had been stolen by the theft from bitfinex is not small . its amount will definetly change the price of the bitcoins .
if the btc had been sold then there will be sharply fall in the bitcoin amount will take place but there is nothing like that instead of small change in rate due to change in the value of doller .

I think your right they not sold those bitcoins maybe a small amount and use for their activity or to use to treat someone.
It is big amount if they hack the all bitcoins from exchange site.. they are lucky that we can not report them to the police this is our problem about online anytime we can lose if we do not know how to protect our site.

[richardsNY]

as many people said that last month the prices dumped because they were panic selling after those incident and i don't think the hackers already sell their bitcoin and maybe will difficult to them to bulk sell because every exchanges do not accept suspicious activity

The coins at this point are too hot if you know what I mean. If the hackers (they surely won't) deposit their coins in various exchanges, then the chances to have these coins "seized" by the exchanges in question are very high. I am quite sure that they will take years for these coins to let them cool off.

[mixan]

Anybody who takes the chance to sell off those coins are going to be looking over their shoulders for the rest of their lives.
They will have to answer to a lot of people once they get caught.