BTC-e hacked ??

[ahmedjadoon]

So, those whose balances are in fiat after 15 will not get their balance converted to coins? 

[1714758707]

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[mayax]

What happened to mayax?  Has he withdrawn into his troll lair?

mayax is doing excellent. he is pretty rich and he just watching the show, called  "the BTC shit market and its sheep" . It's just for fun.     

is it not amazing how the sheep accept everything are doing the scumbags like BTC-e, Bitfinex and similar others ? YES, it is ! 

[Retired]

I don't understand why the verifications have to take place again. The fact that they externalized the verifications and that the company terminated the contract doesn't make them invalid, does it?

[omarabid]

So, those whose balances are in fiat after 15 will not get their balance converted to coins? 

yeah am not ure i understand this 

[OMlite]

and most important question.
if a balance has both coins and fiat?
it will explode?



Due to their poor English, we have no way to know what will actually happen on 15th.
We just have to wait and see

[Retired]

And hope for the best.

[Retired]

At least they will credit the Bitcoin Cash. Other exchanges didn't.

Not that that will offset the losses though...

[OMlite]

And hope for the best.

Nonetheless, the official update on the site is quite understandable.
it solves many doubts!
As long we do not deposit or withdraw fiat... no verification required.
Meaning that. If you have a FIAT balance, you can convert it in coins on the trading platform... and withdraw coins.


If true, it's nice!
And if they will deliver, I pity the one that took the 55% deal O_O

What do I need a verification for?
If you plan to deposit and withdraw fiat, the verification in required.

Will I have to pass the verification on the new platform to withdraw coins?
No.

Will I have to pass the verification to start trading on the platfrom?
If you deposit coins to the account on the new platform, then you should not. If you deposit Fiat, you should.

[larkinvain]

If true, it's nice!
And if they will deliver, I pity the one that took the 55% deal O_O

I took the 55% deal. I have no regrets. It was the best decision I could make with the information given at the time (especially if you are from the US). I hope everything goes well for the rest on the 15th. It will be a great comeback indeed.

[Retired]

At that time, almost every BTC-E user had almost written off their balance as losses. So the possibility of recovering 55% was better than zero.

[omarabid]

I decided to wait for the 15. but so far I'm disappointed with how they handled the PR and first offer. So I'm probably going to withdraw and wait for full redemption. I'm not going to buy their tokens. 

[OMlite]

I took the 55% deal. I have no regrets. It was the best decision I could make with the information given at the time (especially if you are from the US). I hope everything goes well for the rest on the 15th. It will be a great comeback indeed.

If you are in the US you made the right call.
If I were in the US I'd have done the same.
BTC-e will deny access to US residents. Obviously, someone can use a vpn... but If the new management will be forced to do more controls...
(i.e. checking all the vpn)... an US resident could still find his account blocked, pending verification.
A verification that he will not able to provide.
Therefore, right choice bro

Since I'm not in EU, I am basically gambling... hoping that BTCe will deliver
But I know it's a gamble.

[illinest]

At that time, almost every BTC-E user had almost written off their balance as losses. So the possibility of recovering 55% was better than zero.

If you were holding fiat currency, and especially if you are a US customer, it was still the best decision. Especially if you "bought back" (converted) closer to $4000. From a fiat holder's perspective, this was by far the best option. Forced verification if you have fiat in your account? No thanks!

[Retired]

I see what you mean. It's a hefty price to pay though.

[NorrisK]

This is very good news!

I decided to wait claiming the 55% until it was more clear what would be the status regarding verification.

As I only plan to withdraw coins, I think I should be fine waiting.

[stingray454]

I'm still a bit unsure about fiat, someone enlighten me.. If you wait for the 15:th, what happens with your fiat balance? Will you get 55% in coin (and the rest in "BTCE tokens")?

[aaron25177]

I'm still a bit unsure about fiat, someone enlighten me.. If you wait for the 15:th, what happens with your fiat balance? Will you get 55% in coin (and the rest in "BTCE tokens")?

I believe that is what will happen.  I think the question everyone has now is whether the fiat token will be considered fiat and require you to be verified to do anything with it.

[btceeeeeeee]

I'm still a bit unsure about fiat, someone enlighten me.. If you wait for the 15:th, what happens with your fiat balance? Will you get 55% in coin (and the rest in "BTCE tokens")?

I believe that is what will happen.  I think the question everyone has now is whether the fiat token will be considered fiat and require you to be verified to do anything with it.

make a btc / usd-token market and that problem is solved.

[zombie_steve_jobs]

Before the raid, I sent some money from coinbase to BTC-e. They asked if the money was going to another exchange and which one. I did not lie and told them the money was going to BTC-e. This information is obviously now in the hands of the Feds or soon will be.

My question is this: How fucked am I for using an unlicensed exchange? I didn't even know it was illegal to US customers to use BTC-e. I have significant holdings of cryptocurrency that I will be cashing out at some point in the future. Is all of my money now guilty of a crime and therefore subject to civil asset forfeiture laws? I have no desire to launder the money or break any additional laws, I intend to pay my taxes at the end of the year. If I even have to pay a fine for using BTC-e I'd have no problem with that. But my real fear is that one day I wake up and my bank account is frozen and I am facing federal indictment for my ignorant mistake... What can I do to get right with the law and keep my hard earned fortune?

edit/follow-up question: Was it even illegal for me to use BTC-e? Or was it only illegal for BTC-e to serve me?

[Retired]

Do you guys think the US government would charge so many people?

Honest question.