[BITSTAMP] Hot wallet problems, stop making bitcoin deposits IMMEDIATELY

[erre]

I thanks god that I didn't have any money there, apart dust.

Now I understand the reasons behind the price crash..

[BitCoinNutJob]

Looks like they've already confirmed the safety of the large bulk of funds and will compensate whats been lost on the hot wallet.

https://imgur.com/vrNSUzG

[hgmichna]

… BitStamp can cover the loss. they made millions as profit from their clients so they can cover almost any loss …

Funny, people said exactly that about Mt. Gox, less than a year ago.

[btceuropen]

what happened with bitstamp?

MtGox II ?

wish it is not.
but if bitstamp were gone, are there any single bitcoin exchanges? the future will be the world of altcoin exchange and leverage casino.

Lakebtc.com is also a exchange which only support bitcoin and no leverage

For bitstamp, we don't need to worry about, since bitstamp issued a notice, this thing is definitely that mend the fold after few sheep have been stolen

[erre]

what happened with bitstamp?

MtGox II ?

wish it is not.
but if bitstamp were gone, are there any single bitcoin exchanges? the future will be the world of altcoin exchange and leverage casino.

Lakebtc.com is also a exchange which only support bitcoin and no leverage

For bitstamp, we don't need to worry about, since bitstamp issued a notice, this thing is definitely that mend the fold after few sheep have been stolen

via Imgflip Meme Maker

[mayax]

… BitStamp can cover the loss. they made millions as profit from their clients so they can cover almost any loss …

Funny, people said exactly that about Mt. Gox, less than a year ago.

yes and I said "IF they want that"...

Anyway, the Bitcoin price will go down for sure. I expect somewhere around of 200 usd today and 180 USD tomorrow.

[HrN]

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf
18,864.34503301 BTC stollen

[hgmichna]

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf
18,864.34503301 BTC stollen

18864.34503301 Bitcoin equals 5109007.93 US Dollar, according to Google.

5 million $ stolen? Who says that?

[toknormal]

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf
18,864.34503301 BTC stollen

Isn't that just the cold wallet address that they moved all their deposits to.

I don't think anybody stole 18,000 coins from Bitstamp.

[mayax]

https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf
18,864.34503301 BTC stollen

Isn't that just the cold wallet address that they moved all their deposits to.

I don't think anybody stole 18,000 coins from Bitstamp.

why not?

wouldn't do it if you would have access to their "wallets"? )

we are talking about almost 5 MIL USD. you can retire on any island you want with these money and you can live like a kind for all your life

[fran2k]

Looks like they've already confirmed the safety of the large bulk of funds and will compensate whats been lost on the hot wallet.

https://imgur.com/vrNSUzG

That only could be confirmed with proof of reserves, not just some words.

People should start using services where service providers do not take over control over the coins at all. This is possible with user-side encrypted private keys, multi-signature wallets and even backup transactino in case the service goes completely offline.

bitalo.com or greenaddres have implemented these systems, people just need to use it

The Rock Trading implemented multi-sig with greenaddress

Clearly, multi-sig should become the standard, otherwise know you are in risk.

I received the same email.

Before that I ordered a bitcoin withdrawal, which has not gone through until now, since 15 hours. 20 min after the withdrawal, when I did not see any transaction, I entered a support ticket. There has been no reply to that. Note that the two issues look unrelated at first sight, but only if we believe what they are saying.

It feels like Mt. Gox. Delay and finally stop withdrawals. Blame technical problems or hackers. Worst case is that they gambled on a rising bitcoin price and lost their shirts when the price kept going down.

Not again! I have lost enough on Mt. Gox. If large bitcoin exchanges keep going down, bitcoin could die altogether. Bitcoin is useless if you cannot exchange it reliably for fiat money and if you keep losing it through failing exchanges.

I remember only too vividly how I kept hoping to eventually withdraw my Mt. Gox money. It never happened.

It may be the right time to sell bitcoins, just in case Bitstamp goes down and before the issue becomes widely known. If the fears turn out to be unfounded, buy them again.

 

[mayax]

ask the money back from Bitstamp.
Almost all their BTC should be backed by real money (USD or EURO). these money are into their bank account.

they "lose" the BTC but the real money will remain to them if you will accept the "loss".
Most of their money are coming from bank deposits not  direct BTC transfers.

So, ask your money back by bank wire asap. Their bank will froze the account shortly.

[leen93]

who all got stamped? 
if im right bitfinex also stores btc at bitstamp, so if you don't want to be finexed withdraw now when it is still possible 
Never ever let bitcoins on an exchange, honestly I just hope they close down and take bitfinex with them, exchanges need to keep going down untill people realize exchanges are for exchanging bitcoins and not for storing, cold wallets are meant for that
I warned you all ...

[mayax]

who all got stamped? 
if im right bitfinex also stores btc at bitstamp, so if you don't want to be finexed withdraw now when it is still possible 
Never ever let bitcoins on an exchange, honestly I just hope they close down and take bitfinex with them, exchanges need to keep going down untill people realize exchanges are for exchanging bitcoins and not for storing, cold wallets are meant for that
I warned you all ...

good point, start withdrawing now when it's still possible. you cannot be sure what's tomorrow

[smoothie]

who all got stamped? 
if im right bitfinex also stores btc at bitstamp, so if you don't want to be finexed withdraw now when it is still possible 
Never ever let bitcoins on an exchange, honestly I just hope they close down and take bitfinex with them, exchanges need to keep going down untill people realize exchanges are for exchanging bitcoins and not for storing, cold wallets are meant for that
I warned you all ...

good point, start withdrawing now when it's still possible. you cannot be sure what's tomorrow

Where can I find that information that bitfinex keeps BTC on deposit at bitstamp?

[mayax]

who all got stamped?  
if im right bitfinex also stores btc at bitstamp, so if you don't want to be finexed withdraw now when it is still possible  
Never ever let bitcoins on an exchange, honestly I just hope they close down and take bitfinex with them, exchanges need to keep going down untill people realize exchanges are for exchanging bitcoins and not for storing, cold wallets are meant for that
I warned you all ...

good point, start withdrawing now when it's still possible. you cannot be sure what's tomorrow

Where can I find that information that bitfinex keeps BTC on deposit at bitstamp?

Coinbase is using Bitstamp too.

But here are the information requested:

http://theblogchain.com/news/psa-raphael-from-bitfinex-is-offering-to-credit-accounts-of-those-who-lost-money-during-the-most-recent-engine-halt/

http://www.reddit.com/r/BitcoinMarkets/comments/1wr0x8/bitfinex_integration_with_bitstamp/

[Mieehayii]

what happened with bitstamp?

MtGox II ?

wish it is not.
but if bitstamp were gone, are there any single bitcoin exchanges? the future will be the world of altcoin exchange and leverage casino.

Lakebtc.com is also a exchange which only support bitcoin and no leverage

For bitstamp, we don't need to worry about, since bitstamp issued a notice, this thing is definitely that mend the fold after few sheep have been stolen

okay, lakebtc is an alternative

but 12 hours later, bitstamp still suspend, I worried about how long it would last?

just like hgmichna said:

… BitStamp can cover the loss. they made millions as profit from their clients so they can cover almost any loss …

Funny, people said exactly that about Mt. Gox, less than a year ago.

How long shall we need to wait for it? were it back, right?

[hgmichna]

New message from Bitstamp now up on their web site, but it does not significantly differ from the first one. They now admit to the loss of "less than 19,000 BTC".

[padrino]

http://www.coindesk.com/bitstamp-claims-roughly-19000-btc-lost-hot-wallet-hack/

[smoothie]

New message from Bitstamp now up on their web site, but it does not significantly differ from the first one. They now admit to the loss of "less than 19,000 BTC".

they claim they can cover the losses in full...

Yet they post no proof they have that much in reserves to do so.

Just more words. Reminds me of gox.