newIndia (OP)
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Activity: 2212
Merit: 1049
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January 06, 2015, 12:02:07 PM |
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AN IMPORTANT MESSAGE TO OUR CUSTOMERS:January 6, 2015, 12:34am UTC: We have temporarily suspended Bitstamp services. Bitstamp customers can rest assured that their bitcoins held with us prior to temporary suspension of services on January 5th (at 9am UTC) are completely safe and will be honored in full. On January 4th, some of Bitstamp’s operational wallets were compromised, resulting in a loss of less than 19,000 BTC. Upon learning of the breach, we immediately notified all customers that they should no longer make deposits to previously issued bitcoin deposit addresses. To repeat, customers should NOT make any deposits to previously issued bitcoin deposit addresses. As an additional security measure, we suspended our systems while we fully investigate the incident and actively engage with law enforcement officials. This breach represents a small fraction of Bitstamp’s total bitcoin reserves, the overwhelming majority of which are held in secure offline cold storage systems. We would like to reassure all Bitstamp customers that their balances held prior to our temporary suspension of services will not be affected and will be honored in full. We appreciate customers’ patience during this disruption of services. We are working to transfer a secure backup of the Bitstamp site onto a new safe environment and will be bringing this online in the coming days. Customers can stay informed via updates on our website, on Twitter (@Bitstamp) and through Bitstamp customer support at support@bitstamp.net. - Bitstamp Team Source: https://www.bitstamp.netCan they cover it from their cold storage ? 19,000 BTC is equivalent to more than 5 million USD at current market price. |
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I HATE TABLES I HATE TABLES I HA(╯°□°）╯︵ ┻━┻ TABLES I HATE TABLES I HATE TABLES
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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January 06, 2015, 12:10:23 PM |
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i think they have enough resources to cover that loss. they made millions in fees since they got online (+VC money)
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newIndia (OP)
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Activity: 2212
Merit: 1049
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January 06, 2015, 12:14:15 PM |
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i think they have enough resources to cover that loss. they made millions in fees since they got online (+VC money)
VC money is not supposed to cover loss. They are supposed to be used to give better return. I'm not sure if that can be used to cover stolen funds from customers. |
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Q7
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January 06, 2015, 12:16:57 PM |
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At least when they disclose the amount, it shows that they are transparent. Hopefully they can recover back and continue to remain in operation.
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mayax
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Activity: 1456
Merit: 1004
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January 06, 2015, 12:23:44 PM |
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LiteCoinGuy
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Activity: 1148
Merit: 1010
In Satoshi I Trust
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January 06, 2015, 12:36:30 PM |
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mayax
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Activity: 1456
Merit: 1004
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January 06, 2015, 12:47:47 PM |
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Amph
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Activity: 3206
Merit: 1069
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January 06, 2015, 01:12:28 PM |
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those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0
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flipstyle
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January 06, 2015, 01:16:03 PM |
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those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0
I don't think the problem is security..it's the admins/ceo's stealing the money. |
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mayax
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Activity: 1456
Merit: 1004
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January 06, 2015, 01:38:59 PM |
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those big exchange always end up like this, with all the money they made, they can at least make a better secure system, instead we have gox 2.0
I don't think the problem is security..it's the admins/ceo's stealing the money. I think the same. It's obvious that there are not too many orders lately, real orders not fake transactions and the admins may think : " it is time to close. How much money do we have? xx millions. Ok, it is enough to spend our life without problems from now on"  |
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DonQuijote
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Activity: 1551
Merit: 1002
♠ ♥ ♣ ♦ < ♛♚&#
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January 06, 2015, 01:41:05 PM |
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haha yes, its good for us |
THE INGENIOUS GENTLEMAN DON QUIXOTE OF LA MANCHA |
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dmugetsu
Member
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Activity: 105
Merit: 10
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January 06, 2015, 03:42:14 PM |
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That's just their way to attract people
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crazy_rabbit
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Activity: 1204
Merit: 1001
RUM AND CARROTS: A PIRATE LIFE FOR ME
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January 06, 2015, 03:56:44 PM |
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My question is why are so many people leaving funds on exchanges like they're banks? We all know this is a possibility.
To trade with, obviously. In my case, I have $$$ on the exchange- you leave it there so that you can buy coins. You have to expose yourself to some risk. Any other day I wouldn't have had anything on stamp but- we all get unlucky sometimes....... |
more or less retired.
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Force.
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Activity: 61
Merit: 10
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January 06, 2015, 04:04:48 PM |
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Oh my god thats a lot of BTC hope this guy gets caught somehow |
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akustik
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January 06, 2015, 05:00:07 PM |
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Bitsyamp is very big cpmpany
they can pay 19.000 btc easly
allright if they want..
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carlosiness
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January 06, 2015, 05:04:49 PM |
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again lack of security....
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MY ACCOUNT WAS HACKED, BUT THIS ASSHOLE DIDN'T CHANGE THE PASSWORD. I DON'T USED THIS FORUM FOR AGES. YOU COULD SEE IT FROM MY ACTIVITY. I USED THIS FORUM FOR FUN AND TO GET SOME BTC FROM SIGNATURES.. NOW I SEE TERRIBLE POSTS AND CRIMINAL OFFENSE FROM MY ACCOUNT. I FEEL VERY SORRY FOR ALL WHO HARMED FROM THIS LAYER ASSHOLE.. I exported my outbox when he was doing dirty jobs.. OUTBOX HERE FOR DOWNLOAD |
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GonnaGrinditout
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Activity: 94
Merit: 11
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January 06, 2015, 05:05:04 PM |
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I hope it's not an inside job!  |
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ChuckBuck
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January 06, 2015, 05:08:33 PM |
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My question is why are so many people leaving funds on exchanges like they're banks? We all know this is a possibility.
That's like saying why don't traders withdraw money as soon as they're done trading on their Schwab or Interactive Brokers account. Yes, Gox happened, and now this, but this type of thing should never ever happen to a legitimate operation. It's this type of Mickey Mouse/amateur hour shenanigans that continues to give Bitcoin a bad name. With trading there's always risk involved obviously, but at the same time, that's like saying you'll cash out all your chips at the Casino after 1 or 2 bets only...it's not realistic. Accounts should've been secured. Period. That said, if this is now the norm with Cryptocurrency-centric exchanges, the emergence of decentralized exchanges may have a boost this year... |
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newIndia (OP)
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Activity: 2212
Merit: 1049
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January 06, 2015, 05:09:15 PM |
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I hope it's not an inside job! I hope we wont hear about another willy bot that was driving the price up and the lost BTC never actually existed except from Bitstamp book. p.s. I have seen an address with 18k+ BTC is doing rounds. Would love to see a source where Bitstamp really says that those are the stolen BTC => https://blockchain.info/address/1L2JsXHPMYuAa9ugvHGLwkdstCPUDemNCf |
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