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Author Topic: BTC Stolen from Poloniex  (Read 167411 times)
ap3311
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March 04, 2014, 09:08:35 AM
 #41

So let me get this straight.

You got hacked because your system was faulty and didn't check for negative balances.
You have no money to reimburse your users so you're going to deduct a percentage of everyone's BTC.
You're then going to make this money back by temporarily increasing trading fees which your users will incur whilst using the site.

10/10 top ruse

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March 04, 2014, 09:10:10 AM
 #42

poloniex is the most smoothly exchange platform!
i will keep support you!  Smiley

how about you launch some poloniex shares at a fixed price?

such as 1BTC=1000 poloniex shares

you can launch 0.2 million poloniex shares!

50% is yours and 50% sold to the users!

then we can get about 100btc from the market!

you can pay people who lose their btc!
WaffleMaster
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March 04, 2014, 09:12:56 AM
 #43

Ok. But i just deposited some btc to your web. I'm so regret.
Now i need to know whether my btc will be deducted 12.3%?
My btc was sent after this stolen. It shall not be deducted!!! Sad Angry
I need to your reply!
Thank you!


Good game
bitabit
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March 04, 2014, 09:13:36 AM
 #44

Thanks for letting us know immediately.  I like the immediacy and transparency demonstrated by Poloniex.  Hope Mark Karpeles is reading this message.
ds07104com
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March 04, 2014, 09:15:37 AM
 #45

Ok. But i just deposited some btc to your web. I'm so regret.
Now i need to know whether my btc will be deducted 12.3%?
My btc was sent after this stolen. It shall not be deducted!!! Sad Angry
I need to your reply!
Thank you!

Give me a reply Cry
I'm so scared!
grahvity
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March 04, 2014, 09:19:30 AM
 #46

Relevant post on Reddit.

http://www.reddit.com/r/Bitcoin/comments/1zigmt/another_exchange_locked_down_poloniex_aware_that

should it help/matter to anyone.

COINIGYProfessional Tools For Cryptocurrency Traders ◾️ The Rational Investor’s School For Trader Development
HashRent.com
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March 04, 2014, 09:23:39 AM
 #47

The thief's btc address is continuing the grow even though the website's withdraws and deposits have been FROZEN!
https://blockchain.info/address/1Ktq7TE3J5vZ3c99M5weqKfFcNkHQdqPrq

How is this possible?
The only person that has access to the websites withdraws/deposits during this time would be the site owner. The site is sending still sending btc to the address while you guys are supporting him.
WaffleMaster
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March 04, 2014, 09:24:36 AM
 #48

The thief's btc address is continuing the grow even though the website's withdraws and deposits have been FROZEN!
https://blockchain.info/address/1Ktq7TE3J5vZ3c99M5weqKfFcNkHQdqPrq

How is this possible?
The only person that has access to the websites withdraws/deposits during this time would be the site owner. The site is sending still sending btc to the address while you guys are supporting him.
+1 BY JOVE HE'S DONE IT
jaideep1000
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March 04, 2014, 09:24:56 AM
 #49

Ok. But i just deposited some btc to your web. I'm so regret.
Now i need to know whether my btc will be deducted 12.3%?
My btc was sent after this stolen. It shall not be deducted!!! Sad Angry
I need to your reply!
Thank you!

Give me a reply Cry
I'm so scared!


Bro its the same thing for me too. I too deposited after the event took place and wouldn't want my coins to be deducted either. I had half of my btc sent to trade for aur and the other half to cryptsy.
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March 04, 2014, 09:25:38 AM
 #50

Ok. But i just deposited some btc to your web. I'm so regret.
Now i need to know whether my btc will be deducted 12.3%?
My btc was sent after this stolen. It shall not be deducted!!! Sad Angry
I need to your reply!
Thank you!


Good game

Pretty sure this is the reply. Your BTC will come back over time.

gg

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https://FreeBitcoins.com/faucet/ - Load your AltQuick exchange account with free Bitcoins & Testnet every 10 minutes.
ds07104com
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March 04, 2014, 09:26:48 AM
 #51

Ok. But i just deposited some btc to your web. I'm so regret.
Now i need to know whether my btc will be deducted 12.3%?
My btc was sent after this stolen. It shall not be deducted!!! Sad Angry
I need to your reply!
Thank you!

Give me a reply Cry
I'm so scared!


Bro its the same thing for me too. I too deposited after the event took place and wouldn't want my coins to be deducted either. I had half of my btc sent to trade for aur and the other half to cryptsy.
Yes, it's all my coin! Angry Angry
Pls, don't snatch my coin! Shocked Cry
andyatcrux
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March 04, 2014, 09:29:29 AM
 #52

I feel your pain, I have a lot tied up in the exchange, but you will get it all back, most of it by tomorrow i think.
tertius993
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March 04, 2014, 09:30:21 AM
 #53

I think that. Was a good honest, open post.

I do not know what is the right approach but I understand those who object to paying for the loss through higher fees.

A couple of things I would like to see, that I think would helps little in is sort of scenario,though they wouldn't fix/prevent it:

1. Notification when a trade has occured and the resulting balances/fees

2. A transaction log for my account - as far as I can tell, this is not available at the moment; together with the
lack of point 1. this means a fair amount of detective work is required to cross-check the current balance; especially when you have a lot of en buy/sell orders across various pairs.  This particularly affects BTC of course.

Finally I don't know if this matters much, but was 12.5% taken from each account/balance or from some accounts or from a wholly separate exchange balance?  Again the lack of the two items above means it's bloody hard to know if my current balance is right or down 12.5%?
ds07104com
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March 04, 2014, 09:34:04 AM
 #54

I feel your pain, I have a lot tied up in the exchange, but you will get it all back, most of it by tomorrow i think.
;DReally? Thank you. I hope that.
But i can't use these coin to trade mzc and cga.....
It's a huge lost to me!
deuteragenie
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March 04, 2014, 09:34:18 AM
 #55

This is a very good post ! Thanks.

That being said, I think that the mechanism for 'reparation' should be as such:

Distribute 12.5 % shares of your company to all customers, pro-rata their BTC.
Pay dividends on a frequent basis.
Offer to buy back shares if users so desire.

It would be excellent to have such mechanisms described and agreed for all exchanges...
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March 04, 2014, 09:34:57 AM
 #56

Busoni is a man of his word.  I lost some BTC in the XCP hack, and he paid it back in installments just as he promised.  His response to both these events has restored my faith in Poloniex.  
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March 04, 2014, 09:36:16 AM
 #57

poloniex is the most smoothly exchange platform!
i will keep support you!  Smiley

how about you launch some poloniex shares at a fixed price?

such as 1BTC=1000 poloniex shares

you can launch 0.2 million poloniex shares!

50% is yours and 50% sold to the users!

then we can get about 100btc from the market!

you can pay people who lose their btc!
Or Dev can give out 12.3% of Poloniex in shares to wipe out amount lost in BTCs.  Then pay regular dividends from profits.  Therefore, no need to raise exchange transaction fee.
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March 04, 2014, 09:37:07 AM
 #58

Busoni is a man of his word.  I lost some BTC in the XCP hack, and he paid it back in installments just as he promised.  His response to both these events has restored my faith in Poloniex.  
+1
daniklo
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March 04, 2014, 09:37:53 AM
 #59

so sorry to hear this.
I have been using poloniex for a long time and have allways had good experience with both the exchange and the dev.
The only right thing to do is to take 12,3% from all users and repay later.
Raising the fee temporary and/or a share system (like cryptostocks) would be a good approach to get the btc to pay users back faster.
Looking forward to trading at poloniex again!
HendrikJan
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March 04, 2014, 09:39:09 AM
 #60

Thank you for letting us know how it went and what your plans are.
I used poloniex from when it accepted VTC and this post still makes me support you.

And if you deside to sell shares i would love to hear about it.

Referral link to a trading bot: https://www.cryptohopper.com/?atid=224
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