Coinfire Bitstamp update

[pedrog]

Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.

I said above. these things will takes months and BitStamp won't afford(because they don't want to lose any cent) to cover the losses and to keep the company expenses.

Bitstamp credibility is zero at this point. No update since 12 hours ago. They didn't understand that they are playing with people's money not with bricks.

Their customers must ask the money back by bank wire. Their bank account is STILL functional.
Almost all their BTC must be backed in real money, right?
I would ask the money today not tomorrow.

Last update was 8 hours ago, at least give them some time to assess the problem before start screaming fire...

https://twitter.com/nejc_kodric/status/552091195795845120

[findftp]

Bitstamp covering all the losses is not going to be enough. Traders are still going to withdraw all their coins. Bitstamp will have to find out where the leak is and fix it. Once they fixed it, perform a full system audit, confidence can return.

I said above. these things will takes months and BitStamp won't afford(because they don't want to lose any cent) to cover the losses and to keep the company expenses.

Bitstamp credibility is zero at this point. No update since 12 hours ago. They didn't understand that they are playing with people's money not with bricks.

Their customers must ask the money back by bank wire. Their bank account is STILL functional.
Almost all their BTC must be backed in real money, right?
I would ask the money today not tomorrow.

Must be trolling or new.
good one! (real money)

Just relax, everything is going to be all fine...

[tzortz]

Guys relax, this has been done at least a couple of times the last year and Bitstamp took care everything.

I can remember it took 48h or something if not mistaken last time to open up again.

[dserrano5]

https://bitcointalk.org/index.php?action=profile;u=38966

You see. Vod knew this long time ago, that Bitstamp is scam. He placed negative trust to one of Bitstamp owner half year ago. If more people would listen to Vod, world of crypto would be much safer.

That was because of a totally unrelated issue. But yeah, I see what you did there .

[mayax]

here you have more posts about Bitstamp :  https://bitcointalk.org/index.php?board=85

[Coinshot]

Came across this now, bad news and bad time for all those who have their coins stuck.
If Bitstamp becomes like Gox, its going to hurt investor confidence a lot. Bad time for this to have happened.

[WilderX]

It's that damn Johoe again...

and BTW Johoe = Satoshi Nakamoto

[philiveyjr]

The Bitcoin price will fall in the next day/s

It has already gone down quite a lot before this happened!

[jabo38]

$5 million or about 10% of their bitcoins are gone. Bitstamp will live I guess but that stings.

http://ow.ly/2SVmqJ

[chopstick]

WTF is this shit ?

https://twitter.com/AdamGuerbuez/status/551862867956617216

https://twitter.com/BryceWeiner/status/552245329970888704

http://pastebin.com/6Gc1Zh2g


??

[tzortz]

This is no good news.

I thought bitstamp was safe as heaven.

Another gox?

[flipstyle]

WTF is this shit ?



http://pastebin.com/6Gc1Zh2g


??

That's actually the address I saw cited by an earlier user who claimed his deposit yesterday mysteriously 'vanished' to that exact address and didn't get credited to his Bitstamp account.  Definitely looks like the hacker.  

inb4 flood of ISIS/taliban/raghead comments


If this is indeed what it looks like, I think this might be the final straw for bitcoin.  It was already on life support like Terry Schiavo, but this might be the one that finally pulls the chord.

We'll see if Bitstamp will really come out of pocket for this, and if users will even have confidence to use them going forward even if they do make good on it.  Bitcoins are safe NOWHERE.

GL to all that have money in that exchange.

[flipstyle]

CEO from Bitstamp

https://bitcointalk.org/index.php?action=profile;u=38966

Oh big surprise. A Russian.

No need to panic here, folks.  I'm sure your money is 'safe.'  

[Rampion]

Kodric is not Russian.

The pastebin is a fake - if it was legit it would be signed with the address holding the coins.

[sobitcoin]

What would gox 2.0 do to bitcoin?  

lol.  I have faith in Bitstamp's standards... for now.. Feel like they would be ready for something like this

Bitcoin is not built around faith. It is rather built to defy it...

Wow I really appreciate your wisdom. Really just wow, completely amazed. 

[sobitcoin]

5.1 Million.... Damn, that's alot http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack/

[smoothie]

Calm the fuck down everyone.
Ofcourse it is very sad you are not able to trade, however, your coins are safe.
I hope you are able to trade before the bottom.

Bitstamp will prove that this market is robust after the mtgox drama

prove they are safe.

Otherwise please stop spouting baseless BS. Thanks

[mayax]

nobody is safe on internet. any website can be hacked BUT you can take enough measures to prevent your funds to be stolen.
Yes, it may happen that your website to be hacked. That's it...you are not the only one who is hacked....but not the funds or at least they steal a small part of it not 5 MIL.

how is it possible to keep 19K BTC in an operational wallet? why so much? normally, someone from Bitstamp should have moved most of it to other wallet(cold one) immediately after the wallet reached 2-3K bitcoins.

Thats's why they have employees. A such company, one of the biggest exchangers who is running millions of dollars, must have 24/24 permanent staff.

[turvarya]

Calm the fuck down everyone.
Ofcourse it is very sad you are not able to trade, however, your coins are safe.
I hope you are able to trade before the bottom.

Bitstamp will prove that this market is robust after the mtgox drama

prove they are safe.

Otherwise please stop spouting baseless BS. Thanks

prove they are not safe.

Otherwise please stop spouting baseless BS. Thanks

[mayax]

the proof is here: Bitstamp lost 19K bitcoin = 5 mil usd

do you think that they were safe? try to withdraw some money from them today, see if you can BUT there are safe, right?