BTC-e hacked ??

[BitHodler]

It's a good start, what I want to see is BTC-e have a sustainable exchange again. Firstly so we can trade the tokens to redeem our coins, and secondly because it was a good exchange, and I miss the trollbox.

It may be because I am too paranoid, but I am definitely not going to use BTC-E ever again. I really liked it since they didn't require any verification up front for using their platform, but no way I am going with them anymore.

Sure, from the looks everything seems to be working out well for everyone desperately waiting to get their funds and crypto assets back, but don't forget what their charges are (mainly referring to MtGox theft).

I don't think the US government will let them get away with things so easily, even when BTC-E won't be dealing with US citizens anymore. The US government is like a pit bull ~ once it bites, it won't let go until 'business' is finished.

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[ahmedjadoon]

Awesome! Its nice to see them keeping their word and doing regular updates.

I knew BTC-e would never cheat their customers. F the Govt!

Like a phoenix rising from the ashes! Many long-awaited questions are being answered today. Although I'm still confused at the 55% amount, given how much value cryptos have gained since the time they gave this allocation. Since they are socializing the loss from crypto holders, the amount should now be higher than 55%.

Anyway, I am pretty blown away by the level of engagement by the admins here. They almost make me believe that the relaunch of the site is going to happen. But I wouldn't get my hopes up too much yet. We'll see what happens at the end of the month.

They may be planning to pay fiat users BTC, ETH etc on 25th July rate which is a popular demand of fiat users. Maybe that's why the percentage is same.

[Error 522]

Fantastic!

I have stood by btc-e since day 1 of this fiasco.

I always knew they were THE BEST exchange in the world.

The United States of America is a big problem for all people (and I am not blaming Trump)..  it has been so for MANY YEARS now.  USA is OWNED and CONTROLLED by very corrupt and evil people.

[MAbtc]

So US residents are screwed??  I want my coins back too!

I wouldn't jump to that conclusion. At least not yet. It's completely expected that the "new service" wouldn't serve US customers. Keep in mind that they said Tier 1 involves no verification at all. And they said something along the lines that if you were previously verified, that your documents were destroyed. A convenient loophole for previously verified US users. The question is how they plan to enforce this prohibition. As someone mentioned earlier, it could just be prompt where you click "No, I am not a US resident."

So US residents are screwed??  I want my coins back too!

What else would you expect?

The US government caused the problem in the first place, and doesn't want you to have your coins, else they would not have done what they did. Take it up with them.

Someone's salty. The US government doesn't want you to have your coins, either, wherever you're from. Thankfully, they may not be in a position to do anything about it in this case.

[gb1971]

where the fuck is mayax??

[cryptomole]

They may be planning to pay fiat users BTC, ETH etc on 25th July rate which is a popular demand of fiat users. Maybe that's why the percentage is same.
[/quote]

I wish this were the case & I think that this would be fair because most fiat holders were only holding fiat by chance and would probably have been in coin if the timing were slightly different.
However I think they propose to set the conversion date once the exchange is up.

"With a balance of 1000 USD, after conversion you will receive 55% in BTC, LTC, ETH (at exchange rate on the day of conversion) and 450 USDET. By this principle all koins and fiates will be converted. "

[erk]

I wish this were the case & I think that this would be fair because most fiat holders were only holding fiat by chance and would probably have been in coin if the timing were slightly different.
However I think they propose to set the conversion date once the exchange is up.

"With a balance of 1000 USD, after conversion you will receive 55% in BTC, LTC, ETH (at exchange rate on the day of conversion) and 450 USDET. By this principle all koins and fiates will be converted. "

It sounds like a reasonable proposal, the first few days of trade will be exciting, I would imagine a lot of people will want to withdraw their 55% in crypto asap out of fear that the exchange may go offline again, however the BTC-e admin sounds pretty serious if they have a legal team and backing from and investor. Didn't see Gox or Cryptsy make an effort to keep going like that.

Trade in the exchange tokens need to do their price discovery. I have seen exchange tokens do very well in the elsewhere. USDET could be a popular hedge like Tether. I will be keen to see how well they trade.

[manchester93]

I wish this were the case & I think that this would be fair because most fiat holders were only holding fiat by chance and would probably have been in coin if the timing were slightly different.
However I think they propose to set the conversion date once the exchange is up.

"With a balance of 1000 USD, after conversion you will receive 55% in BTC, LTC, ETH (at exchange rate on the day of conversion) and 450 USDET. By this principle all koins and fiates will be converted. "

If not based on value at time of closure, then it should at least be converted as [date of closure] + [date of opening] / 2. This way, both crypto and fiat holders are hedged against the volatility that followed the exchange closure.

Also, can anybody who reads Russian update us on the situation of US customers? Thanks!

[illinest]

Paging mayax. We need an update on the prospects for refunds.

Conversion/loss scenarios not set in stone yet:

Today we will publish 3 variants of conversion on balance sheets, that everyone could express their opinion.

Sort of unclear what they mean regarding US customers. This response is to 1) the notion that US customers were an order of magnitude more in numbers than those from CIS/Russian-speaking countries and 2) that they should steal US customer funds and give everyone else 100% back:

Let's do without crazy questions.
We did not work with US users, this was a question answered by him.
Foreign users have about 30% and they will also be paid.

It sounds to me (based on broken Google translate ) like they are going for plausible deniability. "We did not work with US users...... Foreign users...will also be paid."

[mayax]

for those who are believing in shit exchangers like BTC-e and in their honesty, that they will give your the funds back or other sci-fi scenarios,   Exmo.com= BTC-e.com   LOL


The BTC-e owners are running other exchangers without problems.

Exmo.com is one of them.

EUROSTYLE ADVISOR LTD  registered btc-e.nz which belongs  BTC-e.com

EUROSTYLE ADVISOR LTD  registered Exmo.com


 btc-e.top redirects to exmo.com now. a while ago, btc-e.top was redirected to btc-e.com

in short, exmo.com = btc-e

so, dear fanatics who sustain BTC-e and their shit stories about a possible come back, stop dreaming and stop shilling. you are doing a big disservice to this e-currency called BTC.

BTC-e owners are OK and they are making money.   LOL

[illinest]

BTC-e owners are OK and they are making money.   LOL

If the haircut is 55%, then I think the admins are making good money, and setting up a retirement fund for themselves. Interesting find with Exmo. I suppose it's not conclusive, but it's close enough.

One thing I don't get.... why run BTC-e, and Exmo, and xBTCe, and...?

[mayax]

BTC-e owners are OK and they are making money.   LOL

If the haircut is 55%, then I think the admins are making good money, and setting up a retirement fund for themselves. Interesting find with Exmo. I suppose it's not conclusive, but it's close enough.

One thing I don't get.... why run BTC-e, and Exmo, and xBTCe, and...?

it is VERY conclusive. Exmo=BTC-e = xBTCe

[YesLOST]

Yes, if it speaks Russian it's btce.

Reason for the many in between connections are how Russians generally operate: They make use of other people's services much more than in western world.

[gnurta]

I'm curious how they are going to treat verified U.S. customers from the old site.  
Maybe give them 24-48 hrs to withdraw funds and then shutdown their accounts.

[gollygosh]

https://news.bitcoin.com/u-s-pressures-btc-e-exchange-as-they-plan-to-distribute-funds-next-month/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

[mayax]

https://news.bitcoin.com/u-s-pressures-btc-e-exchange-as-they-plan-to-distribute-funds-next-month/?utm_source=OneSignal%20Push&utm_medium=notification&utm_campaign=Push%20Notifications

same old news. that a seized exchanger will reopen the website through a regulated investment company and that they will give the funds back  and more than that, they will restart the normal business

[Kemarit]

Latest news that I read is that they are promising 'daily' updates to their customers.

https://www.coindesk.com/bitcoin-exchange-btc-e-promises-daily-updates-relaunch-attempt/

I still think this is a welcoming news so at least so are not totally in the dark as what is really going on behind the background. This is no joke, a lot of us has lost big chunks of funds and it's only right that we should be receiving updates from them. Of course, I wish that they can really give back to the rightful individual who is not involved in the illegal activities the money they rightfully deserved, but how can BTC-e distinguished if from the dirty laundry money? There are still a lot of unanswered questions that should be dealt with before we can finally see our funds return.

[letsbereasonable]

Right... so no service to US Residents... they do not say how we are going to get our coins... if they are even going to give them to us...

[squatter]

I'm curious how they are going to treat verified U.S. customers from the old site.  
Maybe give them 24-48 hrs to withdraw funds and then shutdown their accounts.

I think that's a bit dramatic. They are setting this up so they can try to deny that they serve US customers. If you were a verified US customer, then your documents have conveniently been "destroyed" and you are back to a basic account with withdrawal restrictions:

Do I need to go through the verification again?
If already passed and verification was

Depends on the balance.
Alas, the data on your verification was destroyed when the servers were removed.

Large accounts (US or not) need to verify if they hope to get considerable funds out quickly. So large US account owners might need to make arrangements to prove that they live in Canada or Mexico (not a big deal if 5-6 figures is on the line).

[1Referee]

Right... so no service to US Residents... they do not say how we are going to get our coins... if they are even going to give them to us...

I am quite sure that they will be refunding everything as far as they can - meaning, if you just withdraw your funds, you'll be fine. If they end up preventing US citizens from loging in, your best shot will be to make use of a VPN, or have a trusted (non US) forum escrow take out the funds for you. Them not offering services anymore to US citizens definitely doesn't mean you can kiss your funds goodbye. Most of the people there never even verified themselves, so in the end, there is no way to prove where you come from since IP's can be 'faked' due to proxies and VPN's, etc. If they really end up coming back, you should be getting your funds out without much problems, or at least, what's left of your funds, more precisely said.