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Author Topic: Bitcoin7 hacked: how this influences Bitcoin once again?  (Read 1675 times)
wobber
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October 06, 2011, 08:29:51 AM
 #1

Too many noobs are playing with people's money. It is good to have more than 2 exchanges but not this way.

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Bigpiggy01
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October 06, 2011, 09:10:44 AM
 #2

Quote
Too many noobs are playing with people's money. It is good to have more than 2 exchanges but not this way.

+1

However I don't really think this is going affect the market much or at least it shouldn't. We're probably talking at most 3-5000 BTC gained from the hack which might be able to put a 20cent dent in the market but apart from that I don't really see much happening.

What worries me is that this hack might actually have happened a while ago and been covered up for 1-2weeks during the a lot of extra peeps might have been taken to the cleaners.

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October 06, 2011, 10:35:44 AM
 #3

This should not come as a surprise.  Some of us warned here on this forum of errors and insecure design of Bitcoin7 from the beginning, some suspecting a scam.  People will hopefully learn, again, to not trust their money, Bitcoin or fiat, to strangers.  It should be obvious.

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October 06, 2011, 11:28:51 AM
 #4

I wonder if whoever sold into the bid walls were the hackers dumping their stolen bitcoins...

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October 06, 2011, 12:33:28 PM
 #5

is it known how much are those 2 stolen wallets worth in total?
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October 06, 2011, 02:16:17 PM
 #6

I think the terrible bitcoin exchanges being run out of Eastern European students' parents' basements are already baked into the cake, so to speak.

Ruxum can't open up soon enough. I still don't trust Magic The Gathering Online Exchange's security.
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October 06, 2011, 02:31:11 PM
 #7

Ruxum can't open up soon enough. I still don't trust Magic The Gathering Online Exchange's security.

I have to say, Ruxum worries me a bit too.  The fact that their trading engine was completely down for several days (sep. 27 - Oct. 3) without any sort of announcement doesn't inspire much confidence.
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October 06, 2011, 02:33:12 PM
 #8

Ruxum can't open up soon enough. I still don't trust Magic The Gathering Online Exchange's security.

I have to say, Ruxum worries me a bit too.  The fact that their trading engine was completely down for several days (sep. 27 - Oct. 3) without any sort of announcement doesn't inspire much confidence.
yep, me too. not convinced this is as legit as some would like us to believe.

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October 06, 2011, 02:39:04 PM
 #9

These are the guys behind the exchange: http://xs-software.com/
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October 06, 2011, 04:09:12 PM
 #10

Do we know the addresses they had in those wallets? Can we track what happens to the money after the attack?

(I dont always get new reply notifications, pls send a pm when you think it has happened)

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October 07, 2011, 01:46:46 AM
 #11

Bitcoin7's userbase has been dwindling for months.  I'm glad I stopped using them.

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