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

[mishax1]

Didn't get my MSC deposit on BTER for 10 days now, some lame excuses via email..  service is shit.

Why have you deposited on bter.com after their "hack"? You supposed to withdrawn everything and stop to use that exchange.

I only use it for arbitrage opportunity, I did get my coins out of there after the hack.

[HI-TEC99]

..........

The coins were sent through a mixer so they are impossible to trace now. Some people tried but gave up once they went through the mixer. Bter even offered a reward to anyone who could trace where they went.

offering a reward won't bring the coins back at this stage. as you say they had plenty of time to mix the coins.

Wrong. A mixer isn't a final step for privacy. Yes, a mixer does help but it can be traced. It is just very difficult(!), so hopefully Bter gets lucky.

Has anyone ever managed to trace coins sent through a mixer, or is it only theoretically possible? I guess it might be harder to trace coins sent through a high volume mixer.

[kulme]

Has anyone ever managed to trace coins sent through a mixer, or is it only theoretically possible? I guess it might be harder to trace coins sent through a high volume mixer.

The problem is even though they might be traced to some point, but its almost impossible to know what mixer/site they finally are at. Even if it  goes through an exchange address, it would be hard to know which one. The only thing exchanges can do is collaborate and block the coins that they receive from addresses linked with the hack.

But it would almost be impossible to trace it I suppose. They also split it into many parts which makes it harder to trace.

[mishax1]

Even if those funds went directly to another exchange those incompetent BTER admins couldn't stop them.

[mishax1]

Over 3 weeks have passed since my deposit to BTER.. still waiting for the funds to appear on my account...  service is shit.

[redsn0w]

Over 3 weeks have passed since my deposit to BTER.. still waiting for the funds to appear on my account...  service is shit.

Which coin have you deposited? Why have you deposited? The bter service is not one of the better service when we are talking about the cryptocurrency exchange.

However they still have not provided a full and qualitative *response to what was happend those days. How the cold storage has been hacked? And other minor things. So I do not think there is a valide reason to start use their service again.



*if someone know something about that explanation, can he please send  me the various stuff. Thanks for the attention.

[mishax1]

Over 3 weeks have passed since my deposit to BTER.. still waiting for the funds to appear on my account...  service is shit.

Which coin have you deposited? Why have you deposited? The bter service is not one of the better service when we are talking about the cryptocurrency exchange.

However they still have not provided a full and qualitative *response to what was happend those days. How the cold storage has been hacked? And other minor things. So I do not think there is a valide reason to start use their service again.



*if someone know something about that explanation, can he please send  me the various stuff. Thanks for the attention.

It was mastercoin, and I have finally received the coins.   like I said before, I only used it to arbitrage..

[stdset]

Less they try to pay users fund. İs there anyone here who got payment from mtgox, bitstamp or another service which hacked?

You are right, no one has received payment from bitstamp or mt.gox but bitstamp.net has offered 0% fee ...

I haven't heard that somebody had any problems withdrawing funds from Bitstamp. I withdrew all my BTC and USD from them after the hack without any problems.

[ju34400]

hi
anyone know when or how,  BTC Pending BTC_B  will be refund?

thanks

[Racer8]

How long do you think it will take BTER to raise $1.5M?  That's a lot of fees.

[sukamasoto]

hi
anyone know when or how,  BTC Pending BTC_B  will be refund?

thanks

I think you should contact BTER support. Mostly Chinese officer 
I'm also wonder how I'm able vote on those exchanger

[tee-rex]

How long do you think it will take BTER to raise $1.5M?  That's a lot of fees.

It seems that they have started selling their dogecoin stash. 1 billion out of 4.5 in their cold wallet is gone, 2 more are sent to other wallets. I don't keep an eye on other altcoins, anyone can expand more on the state of matters regarding their stashes of other cryptocoins?

[deluxeCITY]

How long do you think it will take BTER to raise $1.5M?  That's a lot of fees.

I really don't think they will personally, they have even less volume now than they did before and they was not massive before just totally average to be honest. So today they have just $51,000 volume and they take about 0.2 % If my math is with it that is about $100 which must be putting them at a loss daily. I would get my coins from there asap because they will close shop unless they sell.

How long do you think it will take BTER to raise $1.5M?  That's a lot of fees.

It seems that they have started selling their dogecoin stash. 1 billion out of 4.5 in their cold wallet is gone, 2 more are sent to other wallets. I don't keep an eye on other altcoins, anyone can expand more on the state of matters regarding their stashes of other cryptocoins?

Interesting I figure they will be doing this because they need to don't they, they are at a loss everyday just staying open. I am going to take a look when I get a spare few hours to and I will update the thread if no one has done it sooner..

[tee-rex]

It seems that they have started selling their dogecoin stash. 1 billion out of 4.5 in their cold wallet is gone, 2 more are sent to other wallets. I don't keep an eye on other altcoins, anyone can expand more on the state of matters regarding their stashes of other cryptocoins?

Interesting I figure they will be doing this because they need to don't they, they are at a loss everyday just staying open. I am going to take a look when I get a spare few hours to and I will update the thread if no one has done it sooner..

By all appearances, their recent massive sells have already affected the price of dogecoin dramatically. If I remember correctly, they also have (had) a good stash of nxt coins, and their price presently doesn't shine either.

[luckygenough56]

man i would be ok if they just refund 75% of my btc

[redsn0w]

A little bump to know if there is something new about this question, let me know.

Thanks.

[sid7039]

BTER don't want to withdraw my ARCH for quite a few weeks...
Suggest not using BTER services.

[crazyearner]

SO glad I stopped using BTER months before this happened shame to see it happened and many other exchanges getting hacked. but the question comes did they really get hacked or just another cover up story to move away. If really got hacked and everyone at loss then indeed it is a shame and is going to take some work to recover from it or to even continue business. I think with every exchange should have some sort of reserve funds that have enough capital and insurance for unseen events happening to put into the business as a security locked up sealed until such events happen and can easily recover with insurances.

[Melupira89]

[Hueristic]

https://www.youtube.com/watch?v=ZomwVcGt0LE