Public message to BTER

[redsn0w]

A safe place to store BTC is in bitBTC, which earns interest, by using metaexchange.info as an instant bridge.   Keeping it on the bitshares decentralised exchange as bitBTC is the future, then people can trade it against bitUSD without hacking risk while getting exposure to the same market.

I hope these thieves are caught and the money returned.

Do you agree that it is more safe a personal wallet with multiSig (+ hardware wallet)? Or not ?

Nothing is safter than a cold wallet or hardware wallet.  As for a personal wallet, that depends on the type of personal wallet, a light wallet is probably less secure but others may be just as secure or more secure with multisig.  

But it's mainly about exchanges for trading.  You can't trade BTC against USD or anything at all from the relative safety of a personal bitcoin wallet (yet), but you trade against the USD with bitBTC, because the exchange is in the wallet.  bitBTC can be traded against bitUSD, bitGOLD, bitSILVER, etc.  So for people who want to get exposure to the BTC/USD market, the bitBTC/bitUSD market is the most secure way to trade.

"Plausible" but if someone want to exchange his altcoin for bitcoin and viceversa ?  The real purpose of an exchange is : send your coin >> exchange it >> withdraw to your personal  desktop/online wallet (all this in 20-30 min, if you are so unlucky to not deposit your coin "while" the attack is being).

More simple , without any type of problem. Remember an exchange is not a bank.

[1714771047]

1714771047

[1714771047]

1714771047

[1714771047]

1714771047

[TaunSew]

BTER you may have to go with the lesser evil option here.  There should be enough NXT in your system compensate all the BTC losses.  NXTers won't do anything about it but the BTC people might sue you or lay charges.

 

[Hippie Tech]

Altcoins SHOULD not be affected.

I offer 0.11 BTC for BTER BTC hack victims. If BTER agrees to make such a fund.

Shill alert ! CODE RED !

Yes ! We shouldn't be trusting them but lets give them more of our coins anyways !

[Hachoir]

Nobody is hiding what are you talking about

[Majormax]

OP traded real btc for those shitcoins and expects to make millions I LOL'd

Some altcoins will succeed long-term, but leaving such large amounts on an exchange is a bad idea.

True .....Hardly any altcoins can grow in the long term. The Crypto world is a wild-west, and hacks are just one part of the risk. Any left on exchanges should be expendable.

[Hueristic]

Kaspersky Lab says it has seen evidence of $300 million in theft through clients, and believes the total could be triple that. But that projection is impossible to verify because the thefts were limited to $10 million a transaction

http://www.nytimes.com/2015/02/15/world/bank-hackers-steal-millions-via-malware.html?partner=socialflow&smid=tw-nytimes&_r=3

We should just use real banks!

Funny people think Bitcoin is hackable while infact centralization is the real danger.

[Hollowman338]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

[TaunSew]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

Definitely sarcasm, in two weeks everybody will forget and will be back on BTER paying 2x higher fees..  

[Hollowman338]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

Definitely sarcasm, in two weeks everybody will forget and will be back on BTER paying 2x higher fees..  

100 NXT says it won't

[Hippie Tech]

Kaspersky Lab says it has seen evidence of $300 million in theft through clients, and believes the total could be triple that. But that projection is impossible to verify because the thefts were limited to $10 million a transaction

http://www.nytimes.com/2015/02/15/world/bank-hackers-steal-millions-via-malware.html?partner=socialflow&smid=tw-nytimes&_r=3

We should just use real banks!

Funny people think Bitcoin is hackable while infact centralization is the real danger.

Funny how all Big Bro has to do is turn off your power and/or interent connection and/or access to the blockchain (Say NO to the 20mb fork !).

If we, the growing minority are correct and cryptos really are a false flag/hope meant to trick us into becoming a cashless society, you already are dealing with the private banks.

For those who haven't noticed, the people behind these exchanges, shitcoins and scams, are using the same dirty tactics that the banksters used during the 17-1800s.

"Century of Enslavement: The History of The Federal Reserve"
EDIT : http://youtu.be/5IJeemTQ7Vk

[Rolandvoda]

Can't see how they should be allowed by altcoin devs, especially in the situation of NODE which does not trade elsewhere and Qora which is and has been locked on poloniex for a very long time.

XCH is also in development, as the other two are. 

A fork to move lost cash to a dev wallet whom thus would be able to give back to his backers their investments.

If this were some second rate market for these coins, i would understand this not happening.

As this was the main market and as such, massive amounts of each of these three coins were stored on BTER, i see no other humane way to fix this. Same goes for NXT and any other coins with the main market there.



Developers, let not the black hand behind this scheme have its way.

There are precedents.

[Rolandvoda]

Fact is we see that some people, likely BTER employees and affiliates, are spreading disinfo as in reaction phishing , checking to see blacklash of their actions, finding how the people react and if it is quiet enough for them to get away with the money, not necessarily for the money itself

This is a hard hit meant for altcoin community, possibly and most likely an inside job.

The only reasonable answer is found through the logic that we , as a community, are in desperate need of making a stand ASAP.


For my part, if need arises and this actually is an inside job( as it looks from the cold wallet theft??? ) we are waiting on the good will of theDevelopers and their understanding of the gravity of this affair such that they take the measure of the 20mb forks mentioned by the fellow two comments above.

In this case i will gladly forfeit 15% of each coin that i had stored on BTER, towards the respective developer, as payment for the community service.

[finnile]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

Definitely sarcasm, in two weeks everybody will forget and will be back on BTER paying 2x higher fees..  

I doubt that will happen. This is actually the second time.

[deisik]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

Definitely sarcasm, in two weeks everybody will forget and will be back on BTER paying 2x higher fees..   

I doubt that will happen. This is actually the second time.

If Bter pays back everything to everyone, this in no way is a guarantee that other exchanges won't be hacked (as a matter of fact, they will be) AND they will pay out anything at all...

[Hueristic]

Prediction:  Everything will be dumped.  You will never see a functioning BTER.com again.

Definitely sarcasm, in two weeks everybody will forget and will be back on BTER paying 2x higher fees..  

I doubt that will happen. This is actually the second time.

It may be the third, I'm not sure and too lazy to search.

[dsly]

Have they posted an update if they are going to be coming back or doing refunds for the altcoins ?

[bit1]

Same information   http://cointelegraph.com/news/113498/daily-digest-bter-hacked-bitcoin-core-updated

Unbelieve that someone can stole BTC or AltCoins , Its dont can be changed anonymously because when a transaction is done wallet adress is stored on blockchain and besides many agencies or peoples are monitoring thru block explorers to see transactions, so  thief  he  need move it to anothers many wallets but is imposible done its anonymously.For example someone of you guys to know adress or adresses where its coins was allocated? , it must be first thing announced, give missing adresses.........

Am I wrong?

[mishax1]

Imagine how mtgox victims felt..  not some alt trading platform like bter.. but pure fiat lifetime holdings

[deisik]

Imagine how mtgox victims felt..  not some alt trading platform like bter.. but pure fiat lifetime holdings

Did anyone get anything back since then?

[mishax1]

Imagine how mtgox victims felt..  not some alt trading platform like bter.. but pure fiat lifetime holdings

Did anyone get anything back since then?

Mark Karpeles got a new business