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Borisz
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February 17, 2015, 05:00:44 PM |
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What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text.. I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous. Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same...  I believe now like Mintpal they are also running and not giving any coin back to customers I hope not, they must have over a million dollars worth of alts. A million you say? I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth??? $1.5 million plus! They hold millions and millions in altcoin at a guess i would go with $50+million. Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc Don't know about other altcoins, but they still have 4.5 billion doges sitting in their cold wallet (as of this post), which amounts to over 2.7 million dollars... The "power" of an altcoin exchange. if they go out of business, I'm curious what will happen to those altcoins  Can anyone suggest any other altcoin exchange? |
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Borisz
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February 17, 2015, 05:01:49 PM |
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40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Anyone know the amount of DRK they had? If scamming yourself, why not use an anonymous coin? |
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deisik
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Activity: 3542
Merit: 1280
English ⬄ Russian Translation Services
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February 17, 2015, 05:02:43 PM |
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What a bad handling of delicate situation! No update, no word for over 2 days, nothing! I mean Jesus, there is at least 7000 BTC worth of ALTs in their wallets. That is other peoples' money and they don't write a single word for over 2 days!
thats a really bad way to handle this situation from bter. Its really hard if you have coins there and dont now anything about what will happen now. Just look some times a day at their site and see always the same text.. I expected them to have communicated by now, Leaving a two day old message in place of their website is outrageous. Wrote a letter to them with a request to update the information. Advise everyone concerned to do the same... I believe now like Mintpal they are also running and not giving any coin back to customers I hope not, they must have over a million dollars worth of alts. A million you say? I have an example few months back they was hacked for some of their customers NXT coins! 50million to be close to exact, any ideas how much just that was worth??? $1.5 million plus! They hold millions and millions in altcoin at a guess i would go with $50+million. Say bye bye to BTER and hello mega dumps of doge, Nxt, Nubits, Bts, etc etc Don't know about other altcoins, but they still have 4.5 billion doges sitting in their cold wallet (as of this post), which amounts to over 2.7 million dollars... The "power" of an altcoin exchange. if they go out of business, I'm curious what will happen to those altcoins Can anyone suggest any other altcoin exchange? Cryptsy (which I strongly advise against), bittrex (much better than Cryptsy), poloniex (beware, has been thrashed before due to faulty withdrawals)... |
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Borisz
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February 17, 2015, 05:13:00 PM |
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--slip-- Cryptsy (which I strongly advise against), bittrex (much better than Cryptsy), poloniex (beware, has been thrashed before due to faulty withdrawals)... Sounds like bittrex then  Thanks! |
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Cassius
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Activity: 1764
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February 17, 2015, 05:17:05 PM |
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40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Unfortunately not. Hacking/stealing all altcoins together from many different wallets would be extremely suspicious. In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC. Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves. |
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thunderjet
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February 17, 2015, 05:26:34 PM |
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BTER today altcoins assets in cold wallets:
LTC - 30010 ~ 231 BTC
PPC - 92000 ~ 152 BTC
DRK - 47911 ~ 527 BTC
NXT - 35150000 ~ 1638 BTC
DOGE - 4.5 billions ~ 2700 BTC
NMC - 19111 ~ 40 BTC
BLK - 1 million ~ 73 BTC
PTS - 22400 ~ 12 BTC
QRK - 18.34 millions ~ 185 BTC
XPM - 159500 ~ 24 BTC
ZET - 27615175 ~ 124 BTC
FTC - 970000 ~ 15 BTC
MEC - 1560000 ~ 75 BTC
MAX - 2474000 ~ 82 BTC
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deisik
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February 17, 2015, 05:29:34 PM |
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40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Unfortunately not. Hacking/stealing all altcoins together from many different wallets would be extremely suspicious. In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC. Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves. As if stealing from a cold wallet were not utterly suspicious by itself... Besides that, after giving out the truth about the hack (whatever it might be), they risk arresting all of their assets! |
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redsn0w (OP)
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Activity: 1778
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#Free market
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February 17, 2015, 05:39:16 PM |
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There are a lot of rumours. I'm still waiting for THEM to say something. Yes I know there are a lot of rumors but I would like only to keep this thread *updated* with the most information possible. |
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VenusFlyTrap
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Activity: 226
Merit: 100
Are you OCD?
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February 17, 2015, 05:40:54 PM |
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WARNING! SLok is a known user of SilkRoad and SilkRoad 2.0 who used to moderate BFL's forums. Can't get your refund? Email FTC attorney Helen Wong at: hwong [at] ftc.gov Follow the FTC vs. BF Labs court docs: http://tinyurl.com/ftcvsbfl |
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btcxyzzz
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Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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February 17, 2015, 05:41:02 PM |
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BTER today altcoins assets in cold wallets:
LTC - 30010 ~ 231 BTC
PPC - 92000 ~ 152 BTC
DRK - 47911 ~ 527 BTC
NXT - 35150000 ~ 1638 BTC
DOGE - 4.5 billions ~ 2700 BTC
NMC - 19111 ~ 40 BTC
BLK - 1 million ~ 73 BTC
PTS - 22400 ~ 12 BTC
QRK - 18.34 millions ~ 185 BTC
XPM - 159500 ~ 24 BTC
ZET - 27615175 ~ 124 BTC
FTC - 970000 ~ 15 BTC
MEC - 1560000 ~ 75 BTC
MAX - 2474000 ~ 82 BTC
wow. believe it or not.... still.. where's BTS? |
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Cassius
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Activity: 1764
Merit: 1031
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February 17, 2015, 05:41:14 PM |
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40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Unfortunately not. Hacking/stealing all altcoins together from many different wallets would be extremely suspicious. In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC. Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves. As if stealing from a cold wallet were not utterly suspicious by itself... Besides that, after giving out the truth about the hack (whatever it might be), they risk arresting all of their assets! It's likely that BTER's 'cold' wallet was lukewarm at best. If it really was set up properly, then an inside job looks even more likely. Could have been a rogue employee or someone who was given too much trust. |
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btcxyzzz
Legendary
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Activity: 888
Merit: 1000
Monero - secure, private and untraceable currency.
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February 17, 2015, 05:43:12 PM |
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nothing new here related to Bter hack. |
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deisik
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Activity: 3542
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English ⬄ Russian Translation Services
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February 17, 2015, 05:43:46 PM |
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40m in NXT too (nearly half a million USD alone), plus many NXT assets. Still there, sat in the cold and hot wallets.
They have millions of dollars worth of alts - far, far more than the BTC that was stolen.
If so, this significantly lowers down the possibility of scamming (and no, this doesn't rule it out)... Unfortunately not. Hacking/stealing all altcoins together from many different wallets would be extremely suspicious. In any case, alts in those volumes are a problem: there's simply not the liquidity to shift them, even if you can get them to an exchange without raising suspicion. When BTER was hacked for 50m NXT, the hacker traded them for a fraction of their value in BTC. Still, the total amount of alts represents a fairly powerful vote for opening their doors again and letting people withdraw. It's not like BTC was anything like the majority of their reserves. As if stealing from a cold wallet were not utterly suspicious by itself... Besides that, after giving out the truth about the hack (whatever it might be), they risk arresting all of their assets! It's likely that BTER's 'cold' wallet was lukewarm at best. If it really was set up properly, then an inside job looks even more likely. Could have been a rogue employee or someone who was given too much trust. So you agree that it is unlikely to be a scam scheme from Bter? |
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redsn0w (OP)
Legendary
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Activity: 1778
Merit: 1043
#Free market
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February 17, 2015, 05:44:11 PM
Last edit: February 17, 2015, 06:22:48 PM by redsn0w |
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The site appears to have been "hacked". It is back online, maybe it was only a problem of dns. |
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deisik
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February 17, 2015, 05:46:20 PM |
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nothing new here related to Bter hack. And the title reads as if Bter got hacked for 175 million bitcoins (the imaginary unit gets envious and feels itself a positive number)... |
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redsn0w (OP)
Legendary
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Activity: 1778
Merit: 1043
#Free market
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February 17, 2015, 06:24:14 PM |
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nothing new here related to Bter hack. And the title reads as if Bter got hacked for 175 million bitcoins (the imaginary unit gets envious and feels itself a positive number)... In the title you can't put the [comma] and the [dot] , so it is normal the title "appears" : bter-gets-hacked-for-175-million-in-bitcoin. |
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deisik
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English ⬄ Russian Translation Services
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February 17, 2015, 06:48:10 PM |
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nothing new here related to Bter hack. And the title reads as if Bter got hacked for 175 million bitcoins (the imaginary unit gets envious and feels itself a positive number)... In the title you can't put the [comma] and the [dot] , so it is normal the title "appears" : bter-gets-hacked-for-175-million-in-bitcoin. You missed the whole point... |
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mishax1
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Activity: 2898
Merit: 1017
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February 17, 2015, 07:07:55 PM |
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Is there a Chinese Bitcoin Embassy ?
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gentlemand
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Activity: 2590
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Welt Am Draht
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February 17, 2015, 07:13:33 PM |
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Is there a Chinese Bitcoin Embassy ?
Probably in a quiet corner of a labour camp somewhere. |
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Jcga
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Activity: 2590
Merit: 1089
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February 17, 2015, 07:21:49 PM |
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What's going on... more than 48 hours without any news, believe it or not, i'm really worring  Hope the best for Bter. |
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