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Author Topic: BTER.com hacked| 7170 BTC stolen | DON'T KEEP YOUR MONEY ON AN EXCHANGE |  (Read 119720 times)
atleticofa_hacked
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March 07, 2015, 11:17:38 AM
 #821

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

mishax1
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March 07, 2015, 11:52:41 AM
 #822

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

Most of us who has altcoins on their exchange also had Bitcoins, so your argument is irrelevant.
bitcoinmar
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March 07, 2015, 12:33:34 PM
 #823

Do they answered to anybody or posted anything during this 3 days? After they wrote they run from office can't get any responce from bter.

Well not really. I have tweeted to them a couple of times as well, never a response. and I doubt they have ever been active in responding to even customer concerns.
I also send them many emails but they never reply to me and they are asking for patience just like Mintpal which is not good
tee-rex
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March 07, 2015, 12:39:05 PM
 #824

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

With every day of delay profits and trading opportunities are lost. Furthermore, when bitcoin is on the rise, the majority of altcoins (which are mostly traded against bitcoin) are decreasing in price, so losses are being accumulated. Personally, I have doges at bter, and since bter had stopped operating, my funds lost more than 10% of their value.
cheekychap
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March 07, 2015, 12:42:06 PM
 #825

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

With every day of delay profits and trading opportunities are lost. Furthermore, when bitcoin is on the rise, the majority of altcoins (which are mostly traded against bitcoin) are decreasing in price, so losses are being accumulated. Personally, I have doges at bter, and since bter had stopped operating, my funds lost more than 10% of their value.
I think the same. The longer they are holding on to the alts, the values are changing, and they are causing losses to the people just by that.

mishax1
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March 07, 2015, 12:48:55 PM
 #826

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

With every day of delay profits and trading opportunities are lost. Furthermore, when bitcoin is on the rise, the majority of altcoins (which are mostly traded against bitcoin) are decreasing in price, so losses are being accumulated. Personally, I have doges at bter, and since bter had stopped operating, my funds lost more than 10% of their value.

+1

Holding my funds for no reason is unforgiven, they allowed fiat withdrawal only to avoid legal actions, but the fact is that altcoins has real money value as well and they are still holding milions(?) of dollars worth of crypto currency.  
redsn0w (OP)
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March 07, 2015, 01:18:53 PM
 #827

Why everybody is so unpatient for the altcoins?

Some of us lost a big amount of bitcoins here, so stop complaining about the delay of the whitdrawal of some shitcoins... They are doing what they can, always that I contacted them they answered me.

They have all the altcoins and they will let you whitdraw, so keep calm.

With every day of delay profits and trading opportunities are lost. Furthermore, when bitcoin is on the rise, the majority of altcoins (which are mostly traded against bitcoin) are decreasing in price, so losses are being accumulated. Personally, I have doges at bter, and since bter had stopped operating, my funds lost more than 10% of their value.

+1

Holding my funds for no reason is unforgiven, they allowed fiat withdrawal only to avoid legal actions, but the fact is that altcoins has real money value as well and they are still holding milions(?) of dollars worth of crypto currency.  


Yes , we have discussed about this question and they have allowed for first the FIAT withdrawals only for the purpose of avoid legal problem. Nowe we do not know when they will enable the altcoins withdrawals.
Kn_os
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March 07, 2015, 01:27:34 PM
 #828


Yes , we have discussed about this question and they have allowed for first the FIAT withdrawals only for the purpose of avoid legal problem. Nowe we do not know when they will enable the altcoins withdrawals.

"If" they will allow withdraw alt coins at all. They bought enough time to run away.
tee-rex
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March 07, 2015, 01:47:09 PM
 #829


Yes , we have discussed about this question and they have allowed for first the FIAT withdrawals only for the purpose of avoid legal problem. Nowe we do not know when they will enable the altcoins withdrawals.

"If" they will allow withdraw alt coins at all. They bought enough time to run away.

It could be said metaphorically that while there is money in the wallets, there is hope. Until they empty the altcoins wallets we can't say with certainty that they stole our money. By the way, their bitcoin hot wallet balance has increased again, and it is now equal to 220 btc.
fox19891989
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March 07, 2015, 02:24:43 PM
 #830

 Undecided Will bter be bankrupt? Bter's boss han lin was involved in bitbay scam, he and bitbay team scammed the investors.

I am happy to see han lin lost 7k btc because he scammed people too much money.

What goes around... comes around... LOL   Cheesy Cheesy Cheesy Cheesy Cheesy Grin Grin Grin
mishax1
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March 07, 2015, 02:26:24 PM
 #831

Undecided Will bter be bankrupt? Bter's boss han lin was involved in bitbay scam, he and bitbay team scammed the investors.

I am happy to see han lin lost 7k btc because he scammed people too much money.

What goes around... comes around... LOL   Cheesy Cheesy Cheesy Cheesy Cheesy Grin Grin Grin

It's the customers that suffer from this, not him.
sherbyspark
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March 07, 2015, 02:30:09 PM
 #832

Undecided Will bter be bankrupt? Bter's boss han lin was involved in bitbay scam, he and bitbay team scammed the investors.

I am happy to see han lin lost 7k btc because he scammed people too much money.

What goes around... comes around... LOL   Cheesy Cheesy Cheesy Cheesy Cheesy Grin Grin Grin

Don't know about bankrupt, but they did say they don't have the money to refund ,and can only hope to compensate users through their revenue in future.
redsn0w (OP)
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March 07, 2015, 02:31:56 PM
 #833

Undecided Will bter be bankrupt? Bter's boss han lin was involved in bitbay scam, he and bitbay team scammed the investors.

I am happy to see han lin lost 7k btc because he scammed people too much money.

What goes around... comes around... LOL   Cheesy Cheesy Cheesy Cheesy Cheesy Grin Grin Grin

It's the customers that suffer from this, not him.

Yes because thos 7k bitcoin is (a part) of the bter.com customers and the other part (the internal fees, etc) ot the bter staff. I think all the customers shoudl wait a long time before see back their coins (but this is only a presumption).
Mickeyb
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Move On !!!!!!


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March 08, 2015, 03:18:02 PM
 #834

They are crooks and that's it. All of this will finish badly. No communication, nothing. We can all see where is this boat headed. Hope I am wrong, but not so sure!!
Cassius
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March 08, 2015, 03:49:17 PM
 #835

They are crooks and that's it. All of this will finish badly. No communication, nothing. We can all see where is this boat headed. Hope I am wrong, but not so sure!!

The longer it is quiet, the worst it looks.
However, some people have got their crypto back, not just fiat. I don't know how to read that. Why go to the trouble of releasing some Nxt assets - the most valuable ones, too - but not other cryptos (including NXT), if you're going to cut and run?
tee-rex
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March 08, 2015, 03:59:19 PM
Last edit: March 08, 2015, 04:12:14 PM by tee-rex
 #836

They are crooks and that's it. All of this will finish badly. No communication, nothing. We can all see where is this boat headed. Hope I am wrong, but not so sure!!

The longer it is quiet, the worst it looks.
However, some people have got their crypto back, not just fiat. I don't know how to read that. Why go to the trouble of releasing some Nxt assets - the most valuable ones, too - but not other cryptos (including NXT), if you're going to cut and run?

I have already given my thoughts as to why they decided to release some of their nxt assets. In short, when the nxt job had been perpetrated in last August, someone redoubtable showed up on the nxt blockchain with threats directed both at the exchange and the thief. I woudn't be surprised if bter has already payed out some of their altcoins (other than nxt) to most influential of their clients.
Cassius
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March 08, 2015, 04:32:00 PM
 #837

They are crooks and that's it. All of this will finish badly. No communication, nothing. We can all see where is this boat headed. Hope I am wrong, but not so sure!!

The longer it is quiet, the worst it looks.
However, some people have got their crypto back, not just fiat. I don't know how to read that. Why go to the trouble of releasing some Nxt assets - the most valuable ones, too - but not other cryptos (including NXT), if you're going to cut and run?

I have already given my thoughts as to why they decided to release some of their nxt assets. In short, when the nxt job had been perpetrated in last August, someone redoubtable showed up on the nxt blockchain with threats directed both at the exchange and the thief. I woudn't be surprised if bter has already payed out some of their altcoins (other than nxt) to most influential of their clients.

Well, if we have wallet addresses it's easy enough to check. I don't find that a particularly convincing explanation, though. If you keep Nxt assets on BTER there's a good chance you keep NXT there too, and that hasn't moved to my knowledge.
tersagun
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March 09, 2015, 02:42:11 PM
 #838

5 days gone of their "in a week" time table. Not even a single tweet since then.
mishax1
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March 09, 2015, 02:46:10 PM
 #839

5 days gone of their "in a week" time table. Not even a single tweet since then.


A crypto week = 14 days... what did you expect ?
Nautica
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March 09, 2015, 02:47:08 PM
 #840

if they go bankrupt, doesn't that mean everybody is screwed whether you're holding btc or alts? because wouldn't they have to liquidate all assets and redistribute among stakeholders?
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