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Even in the event that an attacker gains more than 50% of the network's
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reversed or double-spent. The network would not be destroyed.
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LFC_Bitcoin
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Activity: 3528
Merit: 9525
#1 VIP Crypto Casino
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July 27, 2017, 09:56:04 AM |
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I haven't got any money in there but I really hope people don't get screwed over again here. I love bitcoin bit this is one of the biggest negatives about it. Sad that these kind of ass holes can do this.
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HempMongolia
Newbie
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Activity: 19
Merit: 0
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July 27, 2017, 10:03:47 AM |
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I don't know how many people used their real information for registering account on BTC-E, since majority used the exchange because of its lack of AML/KYC policies. Tough to claim your funds and prove your fund source to begin with, even if there were any money left for the victims.
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EthBooksPro
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July 27, 2017, 10:13:51 AM |
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So sad to see this kind of thing happening again in the btc world. The alleged admin of BTC-e, Alexander Vinnik seems to have been running a lot of shady activities behind the scenes.
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alyssa85
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Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
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July 27, 2017, 10:14:59 AM |
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I don't know how many people used their real information for registering account on BTC-E, since majority used the exchange because of its lack of AML/KYC policies. Tough to claim your funds and prove your fund source to begin with, even if there were any money left for the victims.
Yes. And also, nobody knows exactly who owns BTC-E - was it Vinnik, or was it friends of his. And where are they moving the servers? No-one knows which means the ability of customers to get their coins is precisely zilch. |
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maokoto
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July 27, 2017, 10:18:46 AM |
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Did not know btc-e had fallen. That's a big down. Seems like no site is 100% safe in bitcoin and everything can go like the wind by tomorrow. Best is not having all the eggs in one and the same basket, as always.
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Kronos21
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July 27, 2017, 10:20:19 AM |
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So I remain loyal to bitcoin, and not amenable to any panic. Any panic is stress to the body and it causes people to make mistakes. I guess the money did not return, but treat this not as loss but as gain experience for the money. Perhaps this experience will help to save your money in the future.
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European Central Bank
Legendary
Offline
Activity: 1288
Merit: 1087
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July 27, 2017, 10:21:52 AM |
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it doesn't look like they have control of the btc-e servers. i assume they can raid this guy's personal accounts.
i'd hold on fire on predicting whether no one's getting money back. it's still possible.
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Juggy777
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July 27, 2017, 10:22:59 AM |
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This is sad indeed. Very sad for those who hold coins there, it's always said not to hold coins on the exchanges and I am so glad had moved my coins from the exchanges, before also so many times the exchanges have messed up and it's the people who loose their hard earned coins. I hope not many people have lost their coins as it would be a big loss to them |
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Beerwizzard
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July 27, 2017, 12:06:49 PM |
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That what always happens when court charge organization (or the court is admitting bankrupcy of organisation). Fees connected with a trial will always be in prioriy so the court would be able to get payed for its service (aren't they getting salaries?). Victims are usualy the last ones to get payed. The system works to punish the "criminals" not to help victims. |
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Kemarit
Legendary
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Activity: 3080
Merit: 1352
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July 27, 2017, 12:18:33 PM |
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This is sad indeed. Very sad for those who hold coins there, it's always said not to hold coins on the exchanges and I am so glad had moved my coins from the exchanges, before also so many times the exchanges have messed up and it's the people who loose their hard earned coins. I hope not many people have lost their coins as it would be a big loss to them So it is already confirmed that BTC-e so called unscheduled maintenance was in fact government seizing the server? I also don't used BTC-e long before but I'm also saddened for those who have coins stash in them. At least most of the members here should have moved their coins already before of the looming hard fork and the advised what already put into place here weeks ago. It also coincide with our beloved bitmixer.io closing down its services so I'm assuming the government is really clamping down any illegal activities involving bitcoins. I personally believe that BTC-e will be having a hard time to recover or won't be back in business for the next 2 years because of this. I'm just pretty disappointed on what's going on with the crypto world right now. |
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sammrheza
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July 27, 2017, 12:20:55 PM |
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sad the fund gonna gone, so where the coin and all other dollar go ? going into that greedy government again ? ahh this is shit
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JosNekoKopa
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July 27, 2017, 12:25:47 PM |
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Strange, before some time i was almost certain that they are best exchange BTC -USD for Europe. We really need decentralization, and exchanges must not hold your private keys.. Now we can be sure that it is just matter of time when you will be robbed when you are using such exchanges. Who is next?  |
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cabinetmaker
Member
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Activity: 92
Merit: 10
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July 27, 2017, 11:06:11 PM |
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I am probably going to loose 450 bucks or so.
I learned not to keep large balances in any exchange.
BTC-E has been very very good to me, and I will gladly let them HAVE that 450 bucks, if they will ask, otherwise, if I loose it, then so what?
Thanks BTC-E, you have been appreciated, greatly.
You have my support, although I think your lawyers have a great argument for you.
Cryptsy, if you take todays figures, would owe me millions. At the very least hundreds of thousands.
They took me for 4 G's, in may forms of coins, and may every bird that lives, shit on their heads, collectively.
I hope they are buried in jail and by jail time.
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LTU_btc
Legendary
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Activity: 3052
Merit: 1330
Slava Ukraini!
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July 28, 2017, 12:01:02 AM |
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Yesterday we saw tweet about maintenance on btc-e. And now website is down. I think that this story will be long, because investigations about money laundering, illegal money movement and etc requires much time. This is sad indeed. Very sad for those who hold coins there, it's always said not to hold coins on the exchanges and I am so glad had moved my coins from the exchanges, before also so many times the exchanges have messed up and it's the people who loose their hard earned coins. I hope not many people have lost their coins as it would be a big loss to them If people will not get their money back, there will be many victims. Btc-e was old, popular and reputable exchange which had huge number of users. |
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Kanine Awe
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July 28, 2017, 12:03:22 AM |
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Would be pretty stupid if the government just took peoples money. Legitimately invested and held. It's not like people were using BTC-E for exclusively illegal activities most people were legit. It's a disheartening situation. I didn't have any crypto on BTC-E, but my heart goes out to those who do
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JNiks_ZLisa
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July 28, 2017, 12:03:44 AM |
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The reason why BTC-E users will not get their money back
Stolen Bitcoin-s now splitting on 20 BTC wallets. Some BTC sending on randomly exist legit addresses. |
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d3t0x
Newbie
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Activity: 39
Merit: 0
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July 28, 2017, 12:05:33 AM |
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The issue is mtGox users have had their money taken for years. Will it even be returned? If so, how will this process occur.
I'm sure many people have left the crypto community for life because large amount of money was stolen from them and they don't even know about this news.
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GreenBits
Legendary
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Activity: 1148
Merit: 1048
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July 28, 2017, 01:20:10 AM |
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Dude, you just made me realize we can have gifs as avatars. Dammit. Anyway, this money is evidence. As this case isnt going to wrap up for at least two years minimum, the funds will sit in a government wallet til they reach a verdict. then important people, businesses and government agencies that can levy fines will have their fill; the rest will be auctioned. MT Gox users wont see a cent of this unless Kraken (I think they are managing the Mt Gox claim) has aggressive lawyers that get out there and try to earmark the funds for the claimants. But the basis of the arrest was that these coins are part of illegal activity, at least some of them. this will be the excuse to drag it out forever, and deny legitimate users their funds. think of the people on silk road that were buying legal shit; they didnt get their money back when it was all said and done. |
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zarados
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July 28, 2017, 01:24:28 AM |
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Did not know btc-e had fallen. That's a big down. Seems like no site is 100% safe in bitcoin and everything can go like the wind by tomorrow. Best is not having all the eggs in one and the same basket, as always.
thats right, this is not the first time the btc company had fallen, all we need to do is to learn how to anticipate all the possibility that will happen to our btc by keep it to save place. there's a lot of topic that explain how to keep your btc safe ini this forum. We know the risk of investring our money in bitcoin, and we now bitcoin have many trials since the first time. and we still believe that bitcoin would be the future of currency in the world. |
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