BTC-e hacked ??

[erk]

Hopefully tomorrow update will have some better info that might sway the decision.  I was in ltc,  losing 45% is definitely going to hurt, especially with ltc prices going up the way they have the past few days.  I guess one way to look at it is the monetary value is about the same as when exchange was taken down.

What more info do you need?  it's pretty simple, if you want to withdraw now, you can only have it in crypto, and there is a 45% withdrawal fee.

[aaron25177]

Well I don't want to withdrawal and lose 45%, but I also don't want to NOT be able to withdrawal anything on the new exchange.   Tempted to stay because I had already pretty much written off the coins as a loss, but being in US is higher risk

[Electrolytez]

If geolocation bans we're worst case, I'd be fine with that and try to continue to use the service.  But I'm afraid there will be more than that with the new exchange.  The fact it says you can trade without being verified gives a little hope though.

That's the problem, though. We would have to operate on hope. Personally, I'd prefer to continue using the service (after withdrawing most assets) and waiting on token redemption while trading the tokens.

I was happy to see that bit about no verification to trade also, but they are dangling this vague threat of KYC while already banning US residents. I think if they give us the option, we need to cut and run. It almost feels like this is the *wink wink nod nod* to US peoples to GTFO without verification while you can.

That is the BIG issue. The whole new investment firm AML/KYC thing and actually banning US residents IP. I couldn't login until I use a VPN. Who knows if they really will step it up. But yes I also agree and get the feeling that this is BTC_E way of (WINK WINK GTFO and take out whatever you can). I really loved using the exchange and happily continue dealing business with BTC-E return but looks like it is time to move onto another.

[yefi]

Thought they said that they'd credit deposits up until August? Made one on 25th July (day of bust) and it's not showing on my balance.

[btcboi]

I'm an Australian, currently living in Japan. I've had no issues connecting to btc-e.nz, receiving emails and checking my balance. All is going smoothly seeing as I'm outside the US obviously.

I have 7000USD in fiat and 550LTC.

Could I get some opinions on the choice between cashing out tomorrow and waiting til Sept 15th? I'm guessing the latter is mostly a risky move for US citizens but could anyone else weigh in given my holdings situation, and the risk of anything else going wrong between now and that date?

This is obviously not a small sum of money so I need to calculate the risk very carefully.

Thanks.

Any chance of a 2 cents?

[aaron25177]

I'm an Australian, currently living in Japan. I've had no issues connecting to btc-e.nz, receiving emails and checking my balance. All is going smoothly seeing as I'm outside the US obviously.

I have 7000USD in fiat and 550LTC.

Could I get some opinions on the choice between cashing out tomorrow and waiting til Sept 15th? I'm guessing the latter is mostly a risky move for US citizens but could anyone else weigh in given my holdings situation, and the risk of anything else going wrong between now and that date?

This is obviously not a small sum of money so I need to calculate the risk very carefully.

Thanks.

Any chance of a 2 cents?

I'm in almost the same situation, but am a US customer.   I would be a lot less worried not being in the US.   I was verified before and wouldn't have a problem verifying again, but we won't have that luxury.   If I were in your situation and didn't NEED the coins right away, I'd stick it out.  The 55% is better than nothing but I think I'd kick myself for not staying for the other 45%.  Btce has always came through, hopefully this will be no different

[btcboi]

I'm in almost the same situation, but am a US customer.   I would be a lot less worried not being in the US.   I was verified before and wouldn't have a problem verifying again, but we won't have that luxury.   If I were in your situation and didn't NEED the coins right away, I'd stick it out.  The 55% is better than nothing but I think I'd kick myself for not staying for the other 45%.  Btce has always came through, hopefully this will be no different

Isn't your situation a lot different given that you're a US citizen?

Which luxury won't we have?

[aaron25177]

I'm in almost the same situation, but am a US customer.   I would be a lot less worried not being in the US.   I was verified before and wouldn't have a problem verifying again, but we won't have that luxury.   If I were in your situation and didn't NEED the coins right away, I'd stick it out.  The 55% is better than nothing but I think I'd kick myself for not staying for the other 45%.  Btce has always came through, hopefully this will be no different

Isn't your situation a lot different given that you're a US citizen?

Which luxury won't we have?

Same as in I was mainly in ltc and it's significant amount to me.
   We won't have the luxury of verification if they are not going to support us customers. 

[poordeveloper]

Not sure if you've already discussed this, but they say:

and the possibility of input and output (fiat, coins, codes) is planned no later than September 15

Does anyone know if they plan to honor already generated BTC-E codes? With the 45% fee?

[OMlite]

We won't have the luxury of verification if they are not going to support us customers.  

US customers will not be supported. It was stated before. It is also in the FAQ.
They cannot allow US users, they have no way to adopt US regulations for a legit service.
Please also note that all the other major exchanges are gradually dropping out US users for the same reasons.

In conclusion: an US user will be probably able to login with a vpn.
A do some kind of activity, with an unverified account.
But he/she will not be able to send documents and be verified.
What kind of activity an unverified user will be able to perform?
Trading (as stated before)... and who knows.

Btw... BTC is hitting 5000 usd
and LTC 92 usd.
Crazy days.

[aaron25177]

We won't have the luxury of verification if they are not going to support us customers.  

US customers will not be supported. It was stated before. It is also in the FAQ.
They cannot allow US users, they have no way to adopt US regulations for a legit service.
Please also note that all the other major exchanges are gradually dropping out US users for the same reasons.

In conclusion: an US user will be probably able to login with a vpn.
A do some kind of activity, with an unverified account.
But he/she will not be able to send documents and be verified.
What kind of activity an unverified user will be able to perform?
Trading (as stated before)... and who knows.

Btw... BTC is hitting 5000 usd
and LTC 92 usd.
Crazy days.

As long as I could trade and withdrawal, even minimal amounts in crypto only, I'd be fine with that! (Using VPN of course). We just need to know what exactly unverified accounts will be able to do.

[mo_mo]

For people who didn't receive email for reset password, what did you guys do to get it to work?

[erk]

As long as I could trade and withdrawal, even minimal amounts in crypto only, I'd be fine with that! (Using VPN of course). We just need to know what exactly unverified accounts will be able to do.

I am happy to give out may name, address, phone for verification. What I am unhappy about is giving out details that could be used in a fraud, eg. a photo of your license with signature on it etc. same as I would be unhappy about giving someone my finger prints or DNA. At some point the information you give out is enough for someone to pretend they are you and commit fraud.

[OMlite]

As long as I could trade and withdrawal, even minimal amounts in crypto only, I'd be fine with that! (Using VPN of course). We just need to know what exactly unverified accounts will be able to do.

To be honest, they only talked about trading for unverified users. No mention to withdraws.
But there is no point in cracking our heads, some hours and with hope we will know

I am happy to give out may name, address, phone for verification. What I am unhappy about is giving out details that could be used in a fraud, eg. a photo of your license with signature on it etc. same as I would be unhappy about giving someone my finger prints or DNA. At some point the information you give out is enough for someone to pretend they are you and commit fraud.

erk is quite simple...
give your ID, then go to your local police and denounce that your ID as been stolen in a digital leak with a compromised database.
They will mark your current ID as stolen (therefore you will be ok regarding frauds) and they will issue a new ID with a different number.
Nonetheless, bitstamp also allows watermarking ID photos.
They could be useful with BTC-e too.

[khamkhay]

Hello
         I login change password I didn't have 2FA .The email show successful authorization but I didnot reach my account Cannot check anything I am from Myanmar .What is white ips? Can anyone help me?
Regards,

[aaron25177]

Anyone know where the no US customers line went? I didn't see it on the FAQ posted in news section when they moved from the other site.  Also who are they getting licensed with to allow bitcoin betting again?

Also noticed I can now access the site without the cloudfare errors and without vpn

[R2Pleasent]

This is a pretty genius move by BTC-e.  I'm sure they will shave off a ton of debt with this 55% / 0 token withdrawal option.

Just looking at the outcome probabilities going forward, I will wait until September 15.  If they are willing to pay out 55% tomorrow, then that means they are investing in themselves and truly intend to get a platform up and running.  If they weren't, it's much likely they'd just run with the money.  They are also looking to find ways to minimize their debt, which signifies to me that they have an intention to repay that debt. 

For me, the risk of losing the 55% by waiting until Sept 15 is outweighed by the forfeiture of the 45% debt token.  What could happen between now and Sept 15?  The FBI could somehow attack again.  The new investment company that is taking over could screw everyone over somehow.  The new exchange could have a security issue and lose a bunch of crypto.  All are possible, but I believe quite unlikely in such a short timespan.

If I was a US citizen, then my risk outlook would be different.  I may take this offer as a subtle hint to get my money the hell out of the system while it's still operating under the BTC-e brand.  You could always buy back some tokens when the exchange launches, when the landscape is more certain.

[bonker]

Sure am glad I ain't no Yankee Doodle

"The greatest nation on earth" unless you want to trade crypto. Way to stifle innovation guys

[JaimenSon]

Hi people

Thank you for all comments! all info about btc-e is very important for me.
I'm have a question. it will be possible to trade on this platform?
i'm like to work in btc-e more than poloniex or kraken

Than you so much

[erk]

Hi people

Thank you for all comments! all info about btc-e is very important for me.
I'm have a question. it will be possible to trade on this platform?
i'm like to work in btc-e more than poloniex or kraken

Than you so much

Yes, but it may not be before Sep 15th. when they are launching a rebranded site that complies with AML and KYC verification.

There is a small chance crypto trades will be activated on the old site before then, only crypto withdrawals, no fiat.