BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE |

[tee-rex]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

[redsn0w]

Will you use again bter.com or not ? 

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Good choice, I suggest you to don't "keep" your money on an exchange. Deposit the coins that you want to "exchange"  and after exchange them and request (quickly) a withdrawal.

[tee-rex]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

[redsn0w]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

Is this strange? "Every day" a new transaction (after the "hack") :

- https://blockchain.info/it/tx/ebdb94daae206dbcc052ac9798adca94a1ab2546d12aafb066f861562c5c84d2
- https://blockchain.info/it/tx/2d6c7fcd1b6724a6d6550f29ccbcf1cc06a351854ee12bd6fbc98498b9802425
- https://blockchain.info/it/tx/6bafb31419df93909012f5fcc921ff4679a9af8ca9a4634466db8a5117e3aabb
- https://blockchain.info/it/tx/00fb59172a19b7cf2d86742a57e7ab4558e89a4973dd4a2dc5a17cb41dce0276
- https://blockchain.info/it/tx/28f1b386c55b7643be6630f790c79dda18bc279eceada247210a7d245598b778
- https://blockchain.info/it/tx/ab92d81e8898411d97d7a08c0c74ec742637cb27f316a58638579dac3f50a95e
- https://blockchain.info/it/tx/cd6b6fd52f866629b3ca57ce6d49d783c4d3031bafba749e7b1cdcaf1a5899a5
- https://blockchain.info/it/tx/f0c27f5fb92568374906a35ff6c498c8e86180798c1dff919e198cddcc4414e1


Surely from their online "hot wallet".

[deisik]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

Is this strange? "Every day" a new transaction (after the "hack") :

- https://blockchain.info/it/tx/ebdb94daae206dbcc052ac9798adca94a1ab2546d12aafb066f861562c5c84d2
- https://blockchain.info/it/tx/2d6c7fcd1b6724a6d6550f29ccbcf1cc06a351854ee12bd6fbc98498b9802425
- https://blockchain.info/it/tx/6bafb31419df93909012f5fcc921ff4679a9af8ca9a4634466db8a5117e3aabb
- https://blockchain.info/it/tx/00fb59172a19b7cf2d86742a57e7ab4558e89a4973dd4a2dc5a17cb41dce0276
- https://blockchain.info/it/tx/28f1b386c55b7643be6630f790c79dda18bc279eceada247210a7d245598b778
- https://blockchain.info/it/tx/ab92d81e8898411d97d7a08c0c74ec742637cb27f316a58638579dac3f50a95e
- https://blockchain.info/it/tx/cd6b6fd52f866629b3ca57ce6d49d783c4d3031bafba749e7b1cdcaf1a5899a5
- https://blockchain.info/it/tx/f0c27f5fb92568374906a35ff6c498c8e86180798c1dff919e198cddcc4414e1

Surely from their online "hot wallet".

I should correct you, this wallet doesn't get credited every day. I've been also intently watching this wallet since the downfall of Bter (lost a few bitcoins there), and 10 bitcoins are moved there once in two days on the average.

[zazarb]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

but if bter resume work, not all people will withdraw our btc

[Kn_os]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

It was realy bad luck.. I usualy kept there not much than 10% .. but i deposited 12 hours before btc to buy bts... when i understood there will be not more dump like 3 days before i tried to withdraw.. was too late they stoped all withdraw, called support, they start to talk noncence.. felt something bad happened... checked cold wallet... put rest alt coins on withdraw but it all was too late..

[mishax1]

Scammers not being jailed is a big fucking problem to the crypto, as you can see even an exchange that traded fiat can easily walk away as if nothing happened since they enabled fiat withdrawals.

[noma]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

Seems people are still naive enough to continue in the site. I would have expected the funds to be decreasing and not decreasing after the hack occured.

[mishax1]

By the way, the bter hot wallet now has 210 bitcoins in it. It gets credited in 10 btc chunks every other day. This way it will take them about 4 years to make up for the robbery losses (provided they have no other bitcoin wallets we don't know about).

Seems people are still naive enough to continue in the site. I would have expected the funds to be decreasing and not decreasing after the hack occured.

Even if they resume trading I don't think people will still be trading there, except for some close individuals affiliated with BTER.

I bet you that at least 80% of the traders will leave, their daily volume will be low so no new traders would even consider joining them.

They are not even in a position to offer some real incentive for the traders..

[tee-rex]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

It was realy bad luck.. I usualy kept there not much than 10% .. but i deposited 12 hours before btc to buy bts... when i understood there will be not more dump like 3 days before i tried to withdraw.. was too late they stoped all withdraw, called support, they start to talk noncence.. felt something bad happened... checked cold wallet... put rest alt coins on withdraw but it all was too late..

I got into nearly the same situation. But I was lucky (?) to convert around 1.5 btc into doges within the last few minutes of bter operating. Ironically, doges are down 15% as of now, but my bitcoins are still intact in that hot wallet.

[mishax1]

Their latest tweet:

Sorry for the long wait. We will solve the security issue completely and get all altcoins online and enable the withdrawals in a week.

[zazarb]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

It was realy bad luck.. I usualy kept there not much than 10% .. but i deposited 12 hours before btc to buy bts... when i understood there will be not more dump like 3 days before i tried to withdraw.. was too late they stoped all withdraw, called support, they start to talk noncence.. felt something bad happened... checked cold wallet... put rest alt coins on withdraw but it all was too late..

I got into nearly the same situation. But I was lucky (?) to convert around 1.5 btc into doges within the last few minutes of bter operating. Ironically, doges are down 15% as of now, but my bitcoins are still intact in that how wallet.

My amount almost all in other crypt(dogecoin, qora, flt....),but  It's a little comforting...

[Monnt]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

It was realy bad luck.. I usualy kept there not much than 10% .. but i deposited 12 hours before btc to buy bts... when i understood there will be not more dump like 3 days before i tried to withdraw.. was too late they stoped all withdraw, called support, they start to talk noncence.. felt something bad happened... checked cold wallet... put rest alt coins on withdraw but it all was too late..

I got into nearly the same situation. But I was lucky (?) to convert around 1.5 btc into doges within the last few minutes of bter operating. Ironically, doges are down 15% as of now, but my bitcoins are still intact in that how wallet.

My amount almost all in other crypt(dogecoin, qora, flt....),but  It's a little comforting...

We just lost another major exchange. How's that comforting?

[Kn_os]

Their latest tweet:

Sorry for the long wait. We will solve the security issue completely and get all altcoins online and enable the withdrawals in a week.

Words, words, words.... And buying more time, in a "week" now..

[zazarb]

Will you use again bter.com or not ?

I will. I am trading everywhere actualy. But i will not put there 25% depo.. no more.. :|

Another arbitrageur trapped at bter?

If you are making around 1% per day on your capital, you'll be doubling it every 70 days. You will earn 33.3% of your starting capital in the first month, minus 25% of which will take you back where you started. So if you don't place more than 25% of your operating capital at an exchange, you will stay profitable providing that exchanges don't disappear more often than once per month.

It was realy bad luck.. I usualy kept there not much than 10% .. but i deposited 12 hours before btc to buy bts... when i understood there will be not more dump like 3 days before i tried to withdraw.. was too late they stoped all withdraw, called support, they start to talk noncence.. felt something bad happened... checked cold wallet... put rest alt coins on withdraw but it all was too late..

I got into nearly the same situation. But I was lucky (?) to convert around 1.5 btc into doges within the last few minutes of bter operating. Ironically, doges are down 15% as of now, but my bitcoins are still intact in that how wallet.

My amount almost all in other crypt(dogecoin, qora, flt....),but  It's a little comforting...

We just lost another major exchange. How's that comforting?

I told about amount in bter account

[tee-rex]

Their latest tweet:

Sorry for the long wait. We will solve the security issue completely and get all altcoins online and enable the withdrawals in a week.

Words, words, words.... And buying more time, in a "week" now..

They wouldn't need anymore time now unless not all the USD/CNY withdrawals are over as of yet. I'm sure some of their clients are still keeping fiat at the exchange. In fact, their last tweets provide some ground for this. I mean the allegedly imminent beginning of the trades.

[calci]

Are they going to be resuming the trades ? I thought they should declare bankcruptcy and leave the market with the 2 million they took from it.

[zazarb]

Are they going to be resuming the trades ? I thought they should declare bankcruptcy and leave the market with the 2 million they took from it.

bankcrupty it's not best way, if will resume - we have chance not to lose money.

[redsn0w]

Their latest tweet:

Sorry for the long wait. We will solve the security issue completely and get all altcoins online and enable the withdrawals in a week.

Thank you again for the help , I have updated the Original post with that tweet; but as I told in the beginnin I suggest to avoid bter if they will re-open. However the final choice is yours (of all the customers)...