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Author Topic: My XRP lost, how much do you lost?  (Read 1442 times)
lixiaolai (OP)
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June 05, 2013, 01:26:15 AM
 #1

I lost more than 1 million XRP 2 days ago (equivalent to more than 100BTC).

https://github.com/rippleFoundation/ripple-client/issues/860

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June 05, 2013, 01:29:11 AM
 #2

"Lost"? So someone other than you did this transaction?

Check your system for malware, keyloggers, etc.  Is your wallet username and password strong?

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June 05, 2013, 01:30:38 AM
 #3

I think there is a way to cold store your XRP.  I recall asking about that or adding 2FA to the web client and someone posted some links.  I'm sure one of the Ripple guys will respond soon but why would invest that much without knowing this?

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June 05, 2013, 01:32:40 AM
 #4

How did you lose you XRP? Can you give more info please?

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June 05, 2013, 02:20:55 AM
 #5

I lost more than 1 million XRP 2 days ago (equivalent to more than 100BTC).

https://github.com/rippleFoundation/ripple-client/issues/860


how' did u get 1mil in the first place?
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June 05, 2013, 02:26:59 AM
 #6

1,000,000 XRP has a current market value of 150 BTC

Did you spend over $15,000 buying XRP?
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June 05, 2013, 02:27:49 AM
 #7

I think there is a way to cold store your XRP.  I recall asking about that or adding 2FA to the web client and someone posted some links.  I'm sure one of the Ripple guys will respond soon but why would invest that much without knowing this?

So, BTC is a better store of value than XRP, because you can put it in a secure off-line wallet.

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June 05, 2013, 02:29:31 AM
 #8

No need to suspect OP, he can afford that, otherwise let's stay on topic, what's stopping Opencoin from implementing cold storage?

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
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June 05, 2013, 02:31:40 AM
 #9

Hacked, or just system bug? Or you just a oppressor to XRP and make this rumor here?

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June 05, 2013, 02:38:18 AM
 #10

Maybe someone guessed your password, login and send to himself?  Maybe you can check anyway to report and who to report to and try to reverse that transaction?
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June 06, 2013, 09:23:19 AM
 #11

I lost more than 1 million XRP 2 days ago (equivalent to more than 100BTC).

https://github.com/rippleFoundation/ripple-client/issues/860

Scary.

The ripple community is so small, I would think it would be hard to sell stolen Ripple without being identified...

That is such a large amount that I hope the guys at opencoin can help you track it!

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June 06, 2013, 09:25:27 AM
 #12

That's what you get for not using wallets not connected to the internet. Herp derp.
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June 06, 2013, 09:29:08 AM
 #13

No need to suspect OP, he can afford that, otherwise let's stay on topic, what's stopping Opencoin from implementing cold storage?
They way ripple works, AFAIK, all the wallets are distributed online, and your "password" is basically the passphrase you use to decrypt it.
That's why you can't neither change password nor store them online: because anyway you have no guarantee that some server didn't just keep a copy.

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June 06, 2013, 09:31:39 AM
 #14

OP don't cry, you got them for free, someone took them for free.
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June 06, 2013, 09:39:10 AM
 #15

OP don't cry, you got them for free, someone took them for free.

I doubt he obtained 1 million XRP without paying something. Biggest giveaway was 50K (that I can see publicly).

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June 06, 2013, 09:49:52 AM
 #16

Here are some vague ideas from a Ripple developer about how recent hacks have been done.  Basically it's weak passphrases, but apparently there are some other issues they're not disclosing right now until they can be fixed.

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June 06, 2013, 10:25:50 AM
 #17

I have asked these questions before, but didn't get an answer:

Can Opencoin reverse transactions if you ask them to? Could a lawyer help to make them return stolen funds?

How much control does Opencoin have over XRP transactions in general? Can a rogue employee transfer XRP from accounts of others to his own?

 Huh
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June 06, 2013, 11:12:43 AM
 #18

I lost more than 1 million XRP 2 days ago (equivalent to more than 100BTC).

https://github.com/rippleFoundation/ripple-client/issues/860

笑来老师  节哀顺变
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June 06, 2013, 12:42:20 PM
 #19

Can Opencoin reverse transactions if you ask them to?
Since they control all of the servers, technically they can do anything.

Of course if they started reversing transactions, I guess confidence in Ripple would zero quite quickly.

At most you could expect OpenCoin to reimburse some XRP taking them from their account, but I wouldn't bet on that.

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June 06, 2013, 01:24:36 PM
 #20

The most important thing at the moment is to double check your computer to see if there is any trojan or virus causing this.   Better secure your wallets.
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