learminer
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August 03, 2016, 12:17:53 PM |
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Lol @ 666 cat! Not lol @ finex hack! Hope not too many of you are affected. Hoping for Craig & Nat & whoever else your balances will be fine. RE Excahnges: * Finex is big, they were apparently not drained completely. Stolen funds are much less than Mt.Gox too. Maybe there's hope they can find a way to cover it over time (like Polo did back in 2014 and look where they are now) * never heard of Mpex, what is that? * Bittrex has never been hacked. Beginning to realize what an accomplishment that is!
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BitcoinNational
Legendary
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Join The Blockchain Revolution In Logistics
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August 03, 2016, 02:37:38 PM Last edit: August 07, 2016, 07:24:08 AM by BitcoinNational |
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@shinohai timed well uno market has a weird sense of pre-indicating the trend. coincidental or causally related? i don't know. but if you want to know which way the wind is going to blow, then a study of UNO market is the best place to focus your center, everything else is peripheral, and the bigger picture becomes much more sharp and clear. meow.. meow.. meow.. uno thread is this big now odd >> https://www.rise.global/unsocial500
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BitcoinCharlie
Legendary
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Activity: 1260
Merit: 1001
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August 03, 2016, 03:48:09 PM |
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Unobtanium - The crypto commodity you keep! | Hate Inflation? You'll love $UNO
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Kingn56
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August 03, 2016, 03:56:00 PM |
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sirsmokesalot
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August 04, 2016, 08:14:00 PM |
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I don't get why someone doesn't go and try to hack the hacker? No honor among thieves type of thing. World is a funny place.
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ReturnBits
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August 04, 2016, 08:54:43 PM |
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Cant exactly hack the hacker when you dont know who the hacker is.
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FallingKnife (OP)
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Merit: 1076
keybase.io/fallingknife/
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August 05, 2016, 02:01:36 AM |
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Bitfinex, huh. God fucking damn. After 4 years and avoiding multiple exchange hacks, the bastards finally got me.
If you have any coins on any exchange, you will eventually lose them. It's that simple. F They will eventually get BTC-e, and Coinbase, and everyone else. Teenager hackers hired by state actors take their 2 weeks of holiday, get bored, decide to cash in on some of the expensive zero day exploits that their employers have purchased, and that they've used and memorized. They call it "practice." And why the hell not. There is no way to keep them out. The stolen bitcoin will probably be used to fund arms to rebels, or some other such bullshit.
Fuck them all.
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Nostr: npub14wk4hrq6atlq020c7r6eyylpu9gjukyqzafzxu6u80unqfrplq9qhtx8sy
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Kingn56
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August 05, 2016, 02:27:14 AM |
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Bitfinex, huh. God fucking damn. After 4 years and avoiding multiple exchange hacks, the bastards finally got me.
If you have any coins on any exchange, you will eventually lose them. It's that simple. F They will eventually get BTC-e, and Coinbase, and everyone else. Teenager hackers hired by state actors take their 2 weeks of holiday, get bored, decide to cash in on some of the expensive zero day exploits that their employers have purchased, and that they've used and memorized. They call it "practice." And why the hell not. There is no way to keep them out. The stolen bitcoin will probably be used to fund arms to rebels, or some other such bullshit.
Fuck them all.
THIS POST literally hit the bullseye. I'm glad to see FK is an extremely conscious being. Sorry for your losses brother.
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BitcoinNational
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August 05, 2016, 10:57:16 AM Last edit: August 05, 2016, 04:48:51 PM by BitcoinNational |
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Fuck them all.
what's the motto with U? Un-o mantra is just that! Exchanges ... FTA ... (at least those requiring $10Ms in 'just trust us' deposits) ... BitGo ... LOLz Yet it takes time to arrange the future (of finance) we've already arrived at crypto 3.0 ... but there are still serious gaping holes in crypto 1.0 (you know independent block chains ... simple coins) ... UNO is (believe it or not) the tip of the spear on something much different * ... true decentralized capital ... yes it can be nicked by incompetent/malevolent exchanges but it can not be gored. [secure your own keys, limit your on-deposit UN exposure] How many $100Ms in BTC have been straight in your face STOLEN? ETH/ETC is just another repeat ... see Coinbase/BTCe ... "what coins ... oh those coins yeah we never actually had them just the priv keys". CENTRALIZEDnot funny when it's your money * Why is this true? Because UNO is one of the few rare but fair (and secure) blockchains. It is even more true now that UNO is ranking around #150 in MC with at least 50 variations of yobit and ico fraud capital staked on top of it. Real value will rule the day, and crypto is still just in the wee early morning hours of dawn. And because it lacks inflation (and more fundamental > has moved through the eras of POW emission releases > UNO is ahead of the game ... BTC is just on stage 3) ... well #UNO no longer necessitates stacking coins on the exchanges, in fact it can move to a hyper state of limited coins on deposit with 3rd party brokers .. who tend to go broke ... Gox, Mintpal, Cryptsy, BtCe, BTER, Coinbase, and now Bitfinex ... they all fall.
edit: "Bitfinex, making socialism great again" corp. unlimited figured this out long time ago ... it's call "bailout","externalization", or "dumb money". sure there are more terms too ... tips hat to http://qntra.net
"crypto and fiat systems rarely mix well" you bet your Hong Kong ass and lost!
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shinohai
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August 05, 2016, 03:07:33 PM |
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Bitfinex, huh. God fucking damn. After 4 years and avoiding multiple exchange hacks, the bastards finally got me.
If you have any coins on any exchange, you will eventually lose them. It's that simple. F They will eventually get BTC-e, and Coinbase, and everyone else. Teenager hackers hired by state actors take their 2 weeks of holiday, get bored, decide to cash in on some of the expensive zero day exploits that their employers have purchased, and that they've used and memorized. They call it "practice." And why the hell not. There is no way to keep them out. The stolen bitcoin will probably be used to fund arms to rebels, or some other such bullshit.
Fuck them all.
SFYL, despite repeated warning signs that crypto and fiat systems rarely mix well. http://qntra.net/2016/08/bitfinex-embraces-socialism-in-losing/
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RDDRocket
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August 05, 2016, 05:50:43 PM |
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It's usually inside jobs. Even in this case, I believe Finex was an inside job. How did this guy compromise the cold keys segregated from the internet AND the BitGo keys?
Mandatory post on page 666.
Hope everyone is doing well and sorry to hear about guys with money on Bitfinex. I have only a few UNO on Trex, and a few UNO on cryptopia and leave no other coin or money on exchanges. I know this is no comfort while these issues are ongoing. The future of exchanges have to be decentralized, no account, instant exchange setups. I don't see another way. Exchanges are banks where once a hacker gains access, he knows he's guaranteed to get away safely with the money, even if he later gets tracked down. I'm currently trying to catch up on this story and determine whether this hacker account is legit.
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sirsmokesalot
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August 05, 2016, 07:34:32 PM |
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This guy isn't the hacker?
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learminer
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August 05, 2016, 08:45:57 PM |
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This guy isn't the hacker? Didn't research it thoroughly, but aparently it is (spell his name backwards). At least many seem to believe so. He's also on reddit with the same name and holds a 1000 BTC giveaway both there and here. Proof of funds and everything. Lots of reasons not to get involved obviously, that's why I ain't posting an address of mine in his thread, I don't want stolen BTC...
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sirsmokesalot
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August 05, 2016, 09:10:22 PM |
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The problem is the hacker is most likely more secure than the stupid fucking exchange was. I feel for those who lost funds, at the same time, how did it happen? It isn't fault with btc and the wallet, but fault with how the exchanges function, no? How are these centralized exchanges any different than banks? That we can check on the ledger to see where our coins are. Other than that though, when we deposit them into the exchanges wallet, isn't that their wallet all the same? The banks ledgers all say you have x amount of dollars in there. How many of those dollars are readily available? How many exchanges function the same way? Why doesn't everyone try to withdraw all their btc from bittrex just to see what would happen
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Zelig
Sr. Member
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Merit: 250
The Tao that can be told is not the eternal Tao
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August 06, 2016, 06:46:55 AM Last edit: August 06, 2016, 11:21:42 AM by Zelig |
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Happy Friday, UNOverse ~ !In a post a couple Friday's back - or was it just last Friday? I don't remember... I wrote that my company* was renewing its contract, and although the client** renewed said contract with my company, the fine print stated that they were not keeping the Project Management and Project Finance Teams - affecting 13 people, including, yours truly. This past week, I accepted an offer from my company for a position with a different account*** to begin September 19th. I also had an offer from the company**** that won our account away from us ~ to keep working in the same location*****, in the same position. It was a difficult decision, and I am not entirely certain that I made the right one. But, it's done - the ink is dry - and I will live with the consequences******. The result is that I will have a brutal commute******* for some months until I become proficient at my new position and then, will be allowed to work from home two days a week. Although the company that won the account was offering more money, it was the option to work from home two days a week that ultimately won me over (despite the brutal commute on the other three days). In other news; I acquired 8.7 shiny new UNO******** , 1 Dash, 45,000 MZC (shout out to Payu !), and 0.03204024 BTC ~ this evening! (Hey, it's an off payday weekend, I do what I can.) Hope all is well in your UNOverse ~ ! Z P.S. I have 0.00000018 BTC on Bittrex Plus; 199.9 ArtByte (ABY) (worth 0.00007596 BTC) P.P.S. UNO bitcointalk page 666 * Beelzebub ** Lucifer *** Satan, Inc. **** The Antichrist ***** Purgatory ******Eternal Damnation aka https://www.youtube.com/watch?v=l482T0yNkeo ******* http://ww3.hdnux.com/photos/07/02/55/1846090/21/1024x1024.jpg ******** Although it is also entirely possible that they were formerly in the custody of Gekko
... it's better to regret something you have done, then regret something you haven't done ... https://www.youtube.com/watch?v=LwknFJpjl9g
WWBD What Would Blueman Do ?
BUY UN NOW ask me how
Your UN slogan here
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BTC: uK4fe8Yt4S5oytjqoLJzFgmUfQquWiK4jP
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BitcoinNational
Legendary
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August 06, 2016, 05:52:39 PM Last edit: August 06, 2016, 10:25:43 PM by BitcoinNational |
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After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses. https://bitfinex.statuspage.io/
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Yefet
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August 06, 2016, 05:59:54 PM |
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After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses. https://bitfinex.statuspage.io/After such much thought, analysis, consultation and the conclusion there must be the liquidation the main capital of any financial institute, the trust, has gone
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shinohai
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August 06, 2016, 06:53:02 PM |
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After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses. https://bitfinex.statuspage.io/After such much thought, analysis, consultation and the conclusion there must be the liquidation the main capital of any financial institute, the trust, has gone As I said earlier, this is socialism at it's finest
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sirsmokesalot
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August 06, 2016, 08:01:55 PM |
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After much thought, analysis, and consultation, we have arrived at the conclusion that losses must be generalized across all accounts and assets. This is the closest approximation to what would happen in a liquidation context. Upon logging into the platform, customers will see that they have experienced a generalized loss percentage of 36.067%. In a later announcement we will explain in full detail the methodology used to compute these losses. https://bitfinex.statuspage.io/After such much thought, analysis, consultation and the conclusion there must be the liquidation the main capital of any financial institute, the trust, has gone As I said earlier, this is socialism at it's finest That is the most fucking RETARDED thing i have yet to see in the cryptoworld. This offends me more than rolling back block chains. This is horrible. Although evolution often needs a catalyst. Seeing how they soften the blow on the bigger cry babies by making those who lost little lose more should make us all take pause and question what the fuck is going on. This is worse than the banks now. What bittfinex did now is steal EVERYONES money and redistribute it. It is sounding more and more like an inside job as this goes on. Why didn't the exchange have an insurance policy to protect deposits? Oh you mean for as real as crypto is, it is still a fucking toy that no one backs like that? What is the marketcap of btc, is it really 9 fucking billion dollars, hard to believe someone isn't willing to insure that. Or, that insurance like that exists but they opted not to use it? I dunno. All they did was turn the assets of all who used the site into an insurance policy. The hack was bad, their reaction is 100 times worse.
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