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Author Topic: BTC-E.COM NICE RECOVERY FROM THE HACK! =)  (Read 51047 times)
DeathAndTaxes
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July 31, 2012, 02:47:04 AM
 #121

Not really. I was able to withdraw from btce many minutes after the price spiked to 40s.

You are like the guy who says riots are good because he got a free TV. Smiley

Sure some withdraws may have made it through before the attacker emptied the hot wallet but 99% of people who tried to capitalize on $40 BTC are stuck with worthless $40 IOUs.  You may have lucked out but that doesn't mean a massive amount of economic damage didn't occur.

Plus I am pissed because I had 0.0087382 BTC stuck there from months ago because it was below the withdraw limit.   DAMN YOU HACKER!
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July 31, 2012, 02:47:52 AM
 #122

Btter hope this does not hit mainstream media...another BTC robbery will only shake the BTC tree more and eventually result in a collapse

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July 31, 2012, 02:48:44 AM
 #123

Um... no. 2.18 of it to: 12JGzgb7ezdp5UT4EoJN3Spcn3P8fyyFav
http://blockexplorer.com/address/12JGzgb7ezdp5UT4EoJN3Spcn3P8fyyFav
0BTC
Did you get any out successfully?

No, that is first few. Waiting for some confirms.

1 confirm on the withdraws. Still 20 bid for 13.45, but able to sleep now.
If it is true that there is no cold wallet, you should definitely get all BTC back (as long as there was no fractional reserve). There shouldn't be a shortage of BTC because none was hacked in.

USD, on the other hand, was injected. It's a race to sell the USD as fast as possible now.

OMG... I had 180 Bitcoins there... Jesus...

My latest withdraw at btc-e webpage says "confirmed", but nothing reached my wallet yet.

40 Bitcoins was "sold" there... And 140 Bitcoins are stucked at some point there... In Russia... Damn!

Jesus no, please no...

Please... no... Oh God...  lol

My documentation:

https://bitcointalk.org/index.php?topic=40889.msg1066779#msg1066779

I have screenshots... To remember...  Damn...  :-/
Your bitcoin, as long as you withdraw it, should still arrive. Good luck.

Unfortunately, you might have to write off your USD, or sell it at a massive loss. There is no way BTC-E has enough to pay out the USD.
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July 31, 2012, 02:50:05 AM
 #124

what if the btce price is real? wake up mtgox, you have been dooped.  Wink
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July 31, 2012, 02:51:23 AM
 #125

OMG, just what we need, another bitcoin disaster.

IKR?  It's been at least 12 hours since our last incident of absolute mayhem.  I was starting to get bored.



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July 31, 2012, 02:52:05 AM
 #126

Is this legit?

BTCitcoin: An Idea Worth Saving - Q&A with bitcoins on rugatu.com - Check my rep
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July 31, 2012, 02:52:39 AM
 #127

I'm just patiently waiting for mtgox to catch up to the game. Cheesy
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July 31, 2012, 02:54:32 AM
 #128

Btter hope this does not hit mainstream media...another BTC robbery will only shake the BTC tree more and eventually result in a collapse

How many banks got robbed for US dollars throughout history ?
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July 31, 2012, 02:54:36 AM
 #129

Here are my suggestions for all victims.

1. Sell ALL USD immediately. There is almost certainly not enough USD to pay out.
2. Withdraw ALL BTC immediately. Unless fractional reserve was employed, there should be enough. No BTC was reported to have injected, so this may be your only option of financial recovery.
3. Change passwords for other websites immediately. The database is likely to leak, if a SQL injection was the culprit.

Best of luck to all victims.
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July 31, 2012, 03:03:31 AM
 #130


.....

Your bitcoin, as long as you withdraw it, should still arrive. Good luck.

Unfortunately, you might have to write off your USD, or sell it at a massive loss. There is no way BTC-E has enough to pay out the USD.

I do not want withdraw "fake USD" from BTC-e... I will not touch that USD.

I just want, at least, those 140 BTC (total is 180 I had there for sure), withdraw still "pending" (i.e. not reached my wallet)...  :-/

Good luck for those that feel a bit lost now...  :-P

This is less worse than the "life with the government and banks"... lol
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July 31, 2012, 03:04:30 AM
 #131

1. Sell ALL USD immediately. There is almost certainly not enough USD to pay out.
How? By buying BTC at $45?

Quote
2. Withdraw ALL BTC immediately. Unless fractional reserve was employed, there should be enough. No BTC was reported to have injected, so this may be your only option of financial recovery.
I agree that people should do this, but it's not going to work. The exchange has no rational justification for fully reimbursing bitcoin holders while screwing over usd holders.

Quote
3. Change passwords for other websites immediately. The database is likely to leak, if a SQL injection was the culprit.
Definitely. Better safe than sorry.

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July 31, 2012, 03:04:42 AM
 #132

Here are my suggestions for all victims.
2. Withdraw ALL BTC immediately. Unless fractional reserve was employed, there should be enough. No BTC was reported to have injected, so this may be your only option of financial recovery.

Best of luck to all victims.

Unless they had a chunk of BTC in cold storage. Then there won't be enough to withdraw.
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July 31, 2012, 03:05:32 AM
 #133

only 40 BTC left for sale?  Shocked

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July 31, 2012, 03:08:19 AM
 #134


.....

Your bitcoin, as long as you withdraw it, should still arrive. Good luck.

Unfortunately, you might have to write off your USD, or sell it at a massive loss. There is no way BTC-E has enough to pay out the USD.

I do not want withdraw "fake USD" from BTC-e... I will not touch that USD.

I just want, at least, those 140 BTC (total is 180 I had there for sure), withdraw still "pending" (i.e. not reached my wallet)...  :-/

Good luck for those that feel a bit lost now...  :-P

This is less worse than the "life with the government and banks"... lol
Unless one of the following is true, your BTC withdrawal will still go through.

  • The hacker hacked in BTC as well.
  • BTC-E used fractional reserve.
  • BTC-E had a cold wallet.
  • BTC-E wakes up and discovers the hack.

I strongly suggest you discard the USD by selling it, while it is still worth ~1/5 of its actual value. The 40 BTC that is missing has been converted to USD, most likely. You can still retrieve some of that value from it.

1. Sell ALL USD immediately. There is almost certainly not enough USD to pay out.
How? By buying BTC at $45?

Quote
2. Withdraw ALL BTC immediately. Unless fractional reserve was employed, there should be enough. No BTC was reported to have injected, so this may be your only option of financial recovery.
I agree that people should do this, but it's not going to work. The exchange has no rational justification for fully reimbursing bitcoin holders while screwing over usd holders.

Quote
3. Change passwords for other websites immediately. The database is likely to leak, if a SQL injection was the culprit.
Definitely. Better safe than sorry.
1. Yes. This is a massive write-off, but it is the only option.
2. Unless the exchange takes action, the BTC withdrawals should be fully covered and automatic (barring the probability of a cold wallet, but given BTC-E's past security history.
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July 31, 2012, 03:13:25 AM
 #135

From the BTC-E chat box:

Quote
MrWubbles: now logging in as support to troll more
MrWubbles: dev account has been deleted
MrWubbles: dev account has been deleted
MrWubbles: support is being deleted now
MrWubbles: dumping everyone's wallets
MrWubbles: bitinstant reserves have been leaked for days
MrWubbles: all your base
MrWubbles: I'm Mr Wubbles of wub fame
MrWubbles: Expect Mass Database Leak Soon
MrWubbles: wub database destroyed

That can't be good, but how do we know he wasn't just trollololing?

If what he said was true, then no one could withdraw bitcoins. People have claimed to have been able to withdraw as recently as the last 5-10 minutes.

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July 31, 2012, 03:15:14 AM
 #136

Well, Zhou needed to get the money to pay back everyone from somewhere I guess Cheesy

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July 31, 2012, 03:16:15 AM
 #137

Isn't this a "Reverse Fire Sale"... all BTC must be bought.

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July 31, 2012, 03:16:45 AM
 #138

From the BTC-E chat box:

Quote
MrWubbles: now logging in as support to troll more
MrWubbles: dev account has been deleted
MrWubbles: dev account has been deleted
MrWubbles: support is being deleted now
MrWubbles: dumping everyone's wallets
MrWubbles: bitinstant reserves have been leaked for days
MrWubbles: all your base
MrWubbles: I'm Mr Wubbles of wub fame
MrWubbles: Expect Mass Database Leak Soon
MrWubbles: wub database destroyed

That can't be good, but how do we know he wasn't just trollololing?

If what he said was true, then no one could withdraw bitcoins. People have claimed to have been able to withdraw as recently as the last 5-10 minutes.

I don't trust those claims. I'm guessing it's either the hacker with multiple accounts or people helping the hacker by convincing people that they can still withdraw.

Bitcoin Auction House http://www.BitBid.net BTC - 1EwfBVC6BwA6YeqcYZmm3htwykK3MStW6N | LTC - LdBpJJHj4WSAsUqaTbwyJQFiG1tVjo4Uys Don't get Goxed.
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July 31, 2012, 03:17:54 AM
 #139

$90 and counting... and.... and... gone.

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July 31, 2012, 03:18:01 AM
 #140


.....

Your bitcoin, as long as you withdraw it, should still arrive. Good luck.

Unfortunately, you might have to write off your USD, or sell it at a massive loss. There is no way BTC-E has enough to pay out the USD.

I do not want withdraw "fake USD" from BTC-e... I will not touch that USD.

I just want, at least, those 140 BTC (total is 180 I had there for sure), withdraw still "pending" (i.e. not reached my wallet)...  :-/

Good luck for those that feel a bit lost now...  :-P

This is less worse than the "life with the government and banks"... lol
Unless one of the following is true, your BTC withdrawal will still go through.

  • The hacker hacked in BTC as well.
  • BTC-E used fractional reserve.
  • BTC-E had a cold wallet.
  • BTC-E wakes up and discovers the hack.

Yes, I'm telling the truth. It is all here registered in my btc-e account anyway...  ;-)


I strongly suggest you discard the USD by selling it, while it is still worth ~1/5 of its actual value. The 40 BTC that is missing has been converted to USD, most likely. You can still retrieve some of that value from it.


How so?!
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