mishax1
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Activity: 2898
Merit: 1017
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August 15, 2014, 05:18:29 PM |
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BTER very quickly said they would honor the stolen funds, as it was their fault. Chill-pill, people.
exchanges need a higher security level and maintain a good record of the trade https://coinport.com - open source platform, very promising.
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50cent_rapper
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Activity: 1344
Merit: 1000
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August 15, 2014, 05:18:41 PM |
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XCR to replace NXT. Yeap, we are now №1 in volume on BTER Price is a little down because of jittery Quantumtangles dump all of his holding (a million I think). I personaly don't sell even 1 XCR. Why, cause of nxt problems? I'm not nxter.
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samsmith16
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August 15, 2014, 05:22:58 PM |
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OK a lot to catch up with...
has anyone here had there BCT deposit address changed like me? Bter just changed it on me and I had BTC going to that address just before the hack.... I just put in a support ticket man what a mess...
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▐ Royalties▐ pays interest on Term Deposits up to 15%!! Yes even Cold Storage!!
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stereotype
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Activity: 1554
Merit: 1000
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August 15, 2014, 05:27:09 PM |
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Looks interesting. Cheers
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Litoshi
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August 15, 2014, 05:47:30 PM |
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OK a lot to catch up with...
has anyone here had there BCT deposit address changed like me? Bter just changed it on me and I had BTC going to that address just before the hack.... I just put in a support ticket man what a mess...
Yes, i just checked my Bter BTC address....... it is different from the one I used to deposit just a few days ago. Everyone........ watch out for this. You could lose your BTC
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mishax1
Legendary
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Activity: 2898
Merit: 1017
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August 15, 2014, 05:50:57 PM |
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OK a lot to catch up with...
has anyone here had there BCT deposit address changed like me? Bter just changed it on me and I had BTC going to that address just before the hack.... I just put in a support ticket man what a mess...
Yes, i just checked my Bter BTC address....... it is different from the one I used to deposit just a few days ago. Everyone........ watch out for this. You could lose your BTC Please, more panic. My orders are waiting to get filled.
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Litoshi
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August 15, 2014, 05:54:50 PM |
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BTER withdrawals are enabled, woohoo Getting my BTC out and done with exchanges for now. Will be sitting on my BTC and XMR locked away and finish some IPO's that I still got going. After that, I'll just wait for proper P2P exchanges You got yours out? My withdrawal is still pending..
Edit: YEP! WORKING! Edit2: See, like I said it. Did your withdrawal succeed? Mine not, started doing something but now stuck at 'waiting for balance'. Seems like it's stuck in an empty hot wallet Just withdrew about 5 BTC. Said processing initially btc withdrawals are working and even other coins like via. I sold XCR at about 1550 some 4 hours ago when I found out about the NXT heist at BTER. I withdrew the BTC proceeds but it took some 3.5 hours for the withdrawal to take place from BTER. However, the withdrawal has been confirmed to my external wallet pending 6 confirmations. Not sure whether to move the BTC back to BTER and trade in XCR whilst the price is low or keep the BTC off the exchange until we find out whether BTER have resolved the NXT problem. Your thoughts would be appreciated though may be otiose as the XCR price seems to be climbing back to higher than the price at which I sold. Quantum, Welcome to the graduating class of "THE SCHOOL OF HARD KNOCKS". You have earned a degree in HERD MENTALITY, and learned a lesson in trading with emotion versus logic. You have several choices: Buy back at current prices from Bter Bid a BUY at your sold price and HOPE Wait for the wallets to be out and buy XCR privately Invest in NXT Whatever you chose, Good luck in your endeavors.
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Litoshi
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August 15, 2014, 05:58:09 PM |
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BTW, I see a SELL just went thru at 1500. You may be able to get in without much loss.
I recommend you place BUY orders at 1500, 1490, 1480, 1470, etc. Spread out the amount for averaging.
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profitofthegods
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August 15, 2014, 06:01:17 PM |
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I sold XCR at about 1550 some 4 hours ago when I found out about the NXT heist at BTER. I withdrew the BTC proceeds but it took some 3.5 hours for the withdrawal to take place from BTER. However, the withdrawal has been confirmed to my external wallet pending 6 confirmations. Not sure whether to move the BTC back to BTER and trade in XCR whilst the price is low or keep the BTC off the exchange until we find out whether BTER have resolved the NXT problem. Your thoughts would be appreciated though may be otiose as the XCR price seems to be climbing back to higher than the price at which I sold.
Quantum, Welcome to the graduating class of "THE SCHOOL OF HARD KNOCKS". You have earned a degree in HERD MENTALITY, and learned a lesson in trading with emotion versus logic. You have several choices: Buy back at current prices from Bter Bid a BUY at your sold price and HOPE Wait for the wallets to be out and buy XCR privately Invest in NXT Whatever you chose, Good luck in your endeavors. Yes, going against the herd is scary but profitable. I bought a few at 1700, then at 1400, then at 1300, then got scared and withdrew my BTC. Now I'm actually wishing I picked up more when they were even cheaper. I always try to be a contrarian investor going against the herd, but there can be no doubt that it is psychologically hard sometimes.
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Litoshi
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August 15, 2014, 06:01:59 PM |
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Long time posters in this forum may remember way back when I posted that this coin will be like watching your neighbors husband come home early from work while the wife is screwing the gardener.
WELL........ that pretty much describes today so far.
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megashira1
Legendary
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Activity: 1146
Merit: 1000
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August 15, 2014, 06:02:28 PM |
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If BTER honors their commitment to distribute CRYPTI it will be the saving grace for their exchange.
They will lose the support of NXT and garner that of CRYPTI. Many people will be flocking to CRYPTI as the 2.0 of choice now that NXT is botched and the volume will be through the roof.
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Litoshi
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August 15, 2014, 06:04:29 PM |
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profit....
There is still much profit to be made here. You may not be able to buy as much XCR as you sold, but in few months, the price of XCR will be so high that you will have forgotten your little loss.
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megashira1
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Activity: 1146
Merit: 1000
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August 15, 2014, 06:07:04 PM |
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scratch that error
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Litoshi
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August 15, 2014, 06:07:19 PM |
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If BTER honors their commitment to distribute CRYPTI it will be the saving grace for their exchange.
They will lose the support of NXT and garner that of CRYPTI. Many people will be flocking to CRYPTI as the 2.0 of choice now that NXT is botched and the volume will be through the roof.
Lets hope so. I put a SALE in for a 1000 XCR at 4000sat on the first day, hoping to catch a surge. Now I have canceled it, but am still keeping my SALE set for 5000-10000 sats.
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Litoshi
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August 15, 2014, 06:10:07 PM |
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Starting to think the 50m NXT theft isnt that big of a deal for BTER.
NXT price is likely to crash to sub .00003s(even better to 0!) and so the amount in btc they have to pay back will be reduced. BTC is also in the decline making it cheaper in terms of $ for them.
Did you ever speculate that the Bter theft was either an inside job, or was done with the cooperation/password of a former employee? That would explain how they know "alot about him" When the gangsters arrive, they will need to leave atleast one of his fingers unbroken so he can enter the password to send the NXT back.
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PilotofBTC
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Activity: 1736
Merit: 1001
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August 15, 2014, 06:21:15 PM |
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I'm actually completely done with exchanges. We really need decentralized P2P exchanges. Needed to wait more than a week for Poloniex to free my Monero coins because they were lost in their wallet and now this. It's almost hilarious how bad they are, even worse than mainstream banks You mean like Ripple, Stellar, Counterparty, Clearinghouse and NXT Asset Exchange?
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profitofthegods
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August 15, 2014, 06:28:09 PM |
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I'm actually completely done with exchanges. We really need decentralized P2P exchanges. Needed to wait more than a week for Poloniex to free my Monero coins because they were lost in their wallet and now this. It's almost hilarious how bad they are, even worse than mainstream banks You mean like Ripple, Stellar, Counterparty, Clearinghouse and NXT Asset Exchange? I like Ripple and Stellar because you can hold fiat and all sorts of cryptos in the same wallet and trade anything against anything else, but your coins are still held by a centralized exchange - you only get IOUs in your wallet, so they don't solve the problem of thefts. NXT Multigateway might, but I haven't looked into it that much. Counterparty I love, but I don't think it can deal with anything other than BTC and XCP directly - everything else would just be a kind of IOU again wouldn't it?
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GreXX
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August 15, 2014, 06:29:31 PM |
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Long time posters in this forum may remember way back when I posted that this coin will be like watching your neighbors husband come home early from work while the wife is screwing the gardener.
WELL........ that pretty much describes today so far.
Trust me, I remember! Although, this was completely unforeseeable obviously.
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PilotofBTC
Legendary
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Activity: 1736
Merit: 1001
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August 15, 2014, 06:34:16 PM |
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I'm actually completely done with exchanges. We really need decentralized P2P exchanges. Needed to wait more than a week for Poloniex to free my Monero coins because they were lost in their wallet and now this. It's almost hilarious how bad they are, even worse than mainstream banks You mean like Ripple, Stellar, Counterparty, Clearinghouse and NXT Asset Exchange? I like Ripple and Stellar because you can hold fiat and all sorts of cryptos in the same wallet and trade anything against anything else, but your coins are still held by a centralized exchange - you only get IOUs in your wallet, so they don't solve the problem of thefts. NXT Multigateway might, but I haven't looked into it that much. Counterparty I love, but I don't think it can deal with anything other than BTC and XCP directly - everything else would just be a kind of IOU again wouldn't it? The NXT AE with the mgw is the best option at this time. I haven't used XCP but have used XCH, my understanding is they need gateways similar to the NXT mgw to move from coins to assets and back.
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Litoshi
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August 15, 2014, 07:12:17 PM |
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There are some medium sized buys at 1600 now. Is that you Quantum?
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