transientm
Newbie
 Offline
Activity: 7
Merit: 0
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June 26, 2013, 06:12:05 PM |
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Just got my payment now, thanks
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There are several different types of Bitcoin clients. The most secure are full nodes like Bitcoin Core, which will follow the rules of the network no matter what miners do. Even if every miner decided to create 1000 bitcoins per block, full nodes would stick to the rules and reject those blocks.
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Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
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Ollie
Member
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Activity: 89
Merit: 10
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June 27, 2013, 02:11:20 AM |
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Was anything done to ensure that refunds did not go to hackers as a result of the recently discovered security hole?
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M4v3R
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June 27, 2013, 05:30:08 AM
Last edit: June 27, 2013, 05:47:51 AM by M4v3R |
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According to my logs only 4-5 people saw this behavior, Ollie, as it was immediately fixed. No one even tried to exploit it though. To everyone else - due to a very recent change (my SMTP servers were malfunctioning and I had to debug them) SMTP logs were displayed on the site when submitting password reset form. Theoretically, if you knew someone's email AND this person didn't have 2-factor auth, you could log in to his account in last 2-3 days.
While it's my mistake that I left this on, even for a short while, you can see the benefits of having 2-factor auth here, because it's one of many cases when it secures your account from unauthorized entries. That's why on Bitalo 2-factor will be basically mandatory (you will be able to buy only very small amounts of BTC without it and they will be withdrawn to your Bitcoin address immediately).
Another precaution to prevent exactly these kind of bugs is that every code deploy will be audited by another programmer on the team, which has two benefits - you can catch these kind of mistakes very easily, and also there is no way a staff member could insert malicious code into the site without others noticing it.
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galaxy07
Member
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Activity: 70
Merit: 10
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July 03, 2013, 12:49:09 PM |
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Hey M4v3R! You wrote that you've got about 10% of the debt from Bitalo. Now you write that about 10% of the debt is already refunded, which would be basically the whole first payment from Bitalo. But I have still got no refund; which would mean that you have used the first payment to refund only some users. The cooperation is bound to the fact that you treat all creditors equally. Please make it sure. BitMarket username: hafey I completed another batch of payments today. As of today about 10% of the debt is refunded. You can find more information in the updates section on Bitmarket.eu.
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M4v3R
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July 04, 2013, 06:10:25 AM |
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Hey Hafey,
I'm sorry that your payment was missed. The process is very manual (I have a lot book keeping to do to ensure that everything was done right) so not everyone is refunded at the same time, I just go through my list one by one. I already refunded about 100 users. You didn't get your share yet, because you were one of few people that answered "other" in the questionaire. I processed your 10% refund right now.
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Bitmarket.eu-victim0815
Newbie
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Activity: 18
Merit: 0
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July 04, 2013, 09:33:33 AM |
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Still no refund for me either. Sent you my bitmarket username via PM.
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galaxy07
Member
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Activity: 70
Merit: 10
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July 04, 2013, 01:17:35 PM |
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Thanks, payment has arrived.
Please announce at what rate you have converted the refund amounts from EUR to BTC today.
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M4v3R
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July 04, 2013, 07:21:31 PM |
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Even though I bought Bitcoins for refunds at rate of 84 EUR, to be fair with users I'm using current rate, at the time of refund. In your case it was 57 EUR if I recall correctly.
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kakobrekla
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July 04, 2013, 07:48:08 PM |
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Even though I bought Bitcoins for refunds at rate of 84 EUR, to be fair with users I'm using current rate, at the time of refund. In your case it was 57 EUR if I recall correctly.
Why didn't you pay immediately? It seems to me you are speculating with your clients funds again and being terrible at it, again. The extra losses you are making only prolong payout to the rest of the people owed. |
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M4v3R
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July 04, 2013, 08:32:02 PM |
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Um. If I were speculating I would sold the Bitcoins few days ago, because I had a feeling that the price will go down (and I did sell my own few BTCs). The process is slow and tedious, it's not something I can reliably automate. That's why I still have some payouts to do.
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DarkBabar
Newbie
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Activity: 2
Merit: 0
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July 07, 2013, 08:31:00 AM |
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Um. If I were speculating I would sold the Bitcoins few days ago, because I had a feeling that the price will go down (and I did sell my own few BTCs). The process is slow and tedious, it's not something I can reliably automate. That's why I still have some payouts to do.
I had 20 BTC frozen in December. Any chance of getting a repayment in the near future? |
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tstang
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July 07, 2013, 06:26:27 PM |
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M4vR,
I replied to your side and I didn't get my payment yet. Tango
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mralbi
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July 08, 2013, 12:11:14 AM |
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dont be too impatient, he also needs to develop the new site in parallel ;-)
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kakobrekla
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July 08, 2013, 12:27:10 AM |
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Yeah Bitmarket.eu-victim0815, stop acting like its your money!
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M4v3R
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July 10, 2013, 07:31:54 PM |
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Another batch of payments done. 136 refunds in total sent to this date.
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Bacon9504A
Newbie
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Activity: 22
Merit: 0
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July 10, 2013, 08:11:27 PM |
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Bitalo.com is a GREAT place.
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disclaimer201
Legendary
Offline
Activity: 1526
Merit: 1001
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July 11, 2013, 05:40:53 AM |
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You mean that sign on the door that says what all btc businesses say? Come back later. We're ready "soon".
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mentore
Member
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Activity: 104
Merit: 10
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July 11, 2013, 06:54:47 PM |
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but how can it ever be possible, that with 64 btc lost, I received only 0.8 btc ? I do not understand is absurd...
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Bitmarket.eu-victim0815
Newbie
Offline
Activity: 18
Merit: 0
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July 13, 2013, 11:11:43 AM |
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Same here. I received a refund of 1.7 %. What happened to the 10 % mentioned earlier?
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