irfan_pak10
Legendary
 Offline
Activity: 3598
Merit: 1702
Trade Traditional Markets Against Bitcoin
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February 15, 2015, 04:43:58 PM |
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Its funny how they claim and promise all these securities and cold storages and end up getting hacked.
No that's not the funniest part, the funniest part is the fact that its yet another Chinese market and apparently every Chinese market has been shutdown and or hacked until now. Just an easy way out for them in my eyes. Really Cold Wallet? Inside job!!! The BitCoin association needs to ban all Markets from trading with BitCoin in China. I think the same No one can hack the cold wallet its there own member who scam us when ever they want. After withdrawing all of there money they used the word "HACK" Thats sounds great |
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redsn0w
Legendary
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Activity: 1778
Merit: 1043
#Free market
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February 15, 2015, 04:50:23 PM |
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Its funny how they claim and promise all these securities and cold storages and end up getting hacked.
No that's not the funniest part, the funniest part is the fact that its yet another Chinese market and apparently every Chinese market has been shutdown and or hacked until now. Just an easy way out for them in my eyes. Really Cold Wallet? Inside job!!! The BitCoin association needs to ban all Markets from trading with BitCoin in China. I think the same No one can hack the cold wallet its there own member who scam us when ever they want. After withdrawing all of there money they used the word "HACK" Thats sounds great There aren't rules for the various exchanges, so it could be an hack attack or an "inside job" or everything. Now I hope the people will stop to keep their "coins" on an exchange ( here the service discussion : https://asktom.cf/index.php?topic=956738.0). |
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irfan_pak10
Legendary
Offline
Activity: 3598
Merit: 1702
Trade Traditional Markets Against Bitcoin
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February 15, 2015, 06:28:08 PM |
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will bter.com be able to send us our money back in our wallet? No! Scammer dont return money. They scam some one and fly away after that. |
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jinxx
Member
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Activity: 83
Merit: 10
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February 15, 2015, 09:40:40 PM |
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well, its karma dude, they just lots all their earnings good bye business.
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bitbollo
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Activity: 3864
Merit: 4553
https://bit.ly/4iBXnQd
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February 15, 2015, 09:44:51 PM |
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but we lost all deposit like btc and other crypto?
or there is the possibility that some coin come back on line'!??!
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Borisz
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February 15, 2015, 10:06:20 PM |
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but we lost all deposit like btc and other crypto?
or there is the possibility that some coin come back on line'!??!
Depends how big of a chunk that was regarding their trading volume. I'd say that based on past experience, it's probably closer to end of business. (MtGox and various online wallets. Robbed once, business over.) 7000 BTC at ~230 USD/BTC is around 1.6 million USD. |
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bitllionaire
Legendary
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Activity: 1120
Merit: 1000
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February 15, 2015, 10:21:47 PM |
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this is horrible,I am lucky that I didn't have any bitcoin in the exchange, but it looks that the people who had bitcoins are not going to recover them
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karthus
Member
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Activity: 99
Merit: 10
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February 15, 2015, 10:39:43 PM |
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damn dude, that really blows. But in if the exchange itself got scammed, from an inside job which I assume a cold wallet hack. there goes your btc pretty much as well.  |
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GlooBoy
Copper Member
Member
Offline
Activity: 98
Merit: 10
Leave everything to me!
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February 17, 2015, 09:43:33 AM |
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I had some coins there. I saw this ad and maybe we can get this guy to help.  |
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Borisz
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February 17, 2015, 11:12:36 AM |
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I had some coins there. I saw this ad and maybe we can get this guy to help. Haha, love this! Smart ad. Despite the facts... |
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mayax
Legendary
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Activity: 1484
Merit: 1004
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February 17, 2015, 03:26:38 PM |
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well, hacks are happening daily. it's not something new. any wallet or exchange can be hacked....
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ryandanielt
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February 18, 2015, 12:03:14 AM |
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Doesn't anyone see a trend rising? Chinese based exchanges all shutting down by claiming to be hacked?
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Crypto Ninja! Want my signature? Perhaps you want my avatar? Let me know  |
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ndnh
Legendary
Offline
Activity: 1316
Merit: 1009
New Decentralized Nuclear Hobbit
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February 18, 2015, 11:32:50 AM |
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Bter.com SCAM? My LTC deposit of yesterday is not in my account!!  See below the email i sent to the BTER (2 times)! "Hi! I sent 5.28753167 LTC from my BTC-e account from Bter, however the 5.28753167 LTC are not available in my account! It's been more than 10 hours from the start of the transaction and we have had 325 confirmations. Below are the proof! This is the second email that I send to you, but you do not answer me. If you fail to act and solve this problem, I shall explain you in different forums and blogs, talking about this occurred!" 1. My Bter LTC address: LNirhYwa1Z7PrMp8YyF6NVLXScz17H95qa-snip- Well anyway, if it wasn't gone then, it would have probably gone now... I thought this was a scam accusation saying Bter stole its customers 7k Bitcoin, lol. |
The First Hobbit to connect to the Internet
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Borisz
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February 18, 2015, 01:27:21 PM |
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Bter.com SCAM? My LTC deposit of yesterday is not in my account!! See below the email i sent to the BTER (2 times)! "Hi! I sent 5.28753167 LTC from my BTC-e account from Bter, however the 5.28753167 LTC are not available in my account! It's been more than 10 hours from the start of the transaction and we have had 325 confirmations. Below are the proof! This is the second email that I send to you, but you do not answer me. If you fail to act and solve this problem, I shall explain you in different forums and blogs, talking about this occurred!" 1. My Bter LTC address: LNirhYwa1Z7PrMp8YyF6NVLXScz17H95qa-snip- Well anyway, if it wasn't gone then, it would have probably gone now... I thought this was a scam accusation saying Bter stole its customers 7k Bitcoin, lol. I think this thread was more of a "Bter general scam"  But yeah, the 7k lost BTC is also involved. Although there is a devoted topic to that as well. |
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Melds
Full Member
Offline
Activity: 205
Merit: 100
Investor / Trader / Analyst
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February 18, 2015, 02:05:57 PM |
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I always moved a decent amount on Bter, never had an issue. It's hard to believe these exchanges are so incompetent with security.
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ryandanielt
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February 18, 2015, 02:13:31 PM |
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I always moved a decent amount on Bter, never had an issue. It's hard to believe these exchanges are so incompetent with security.
When will anyone every realize, it was done from the inside the same with all the other Chinese Exchanges. Just because they transferred all of that bitcoin doesn't mean they don't have greater or equal value in altcoins that they are able to take off with. By diverting everyone attention to the "Missing" bitcoin nobody is asking or demanding for there altcoin back. Pretty smart ide say but it seems this is how they all went down. If they were genuinely hacked they would have managed to find a way to open the system back up to allow for the transfer of whatever coins are left. |
Crypto Ninja! Want my signature? Perhaps you want my avatar? Let me know |
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Borisz
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February 18, 2015, 02:35:09 PM |
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I always moved a decent amount on Bter, never had an issue. It's hard to believe these exchanges are so incompetent with security.
I was actually considering to move a large chunk of (my small amount of) coins there to receive interest at lest. In the end I have decided a day or maybe only a few hours before the happening that I would rather trade with my coins somewhere else where I can follow the market better. I always moved a decent amount on Bter, never had an issue. It's hard to believe these exchanges are so incompetent with security.
When will anyone every realize, it was done from the inside the same with all the other Chinese Exchanges. Just because they transferred all of that bitcoin doesn't mean they don't have greater or equal value in altcoins that they are able to take off with. By diverting everyone attention to the "Missing" bitcoin nobody is asking or demanding for there altcoin back. Pretty smart ide say but it seems this is how they all went down. If they were genuinely hacked they would have managed to find a way to open the system back up to allow for the transfer of whatever coins are left. Makes sense what you are saying if indeed they did it. On the other hand imagine you have a company and you get robbed and you lose a lot of money. Do you open next day to allow your clients to take out even more money from your company so you got out of business for sure? Investigation, damage assessment etc takes a lot of time. If a bank gets robbed I couldn't imagine they open the next day so you can take out the remainder of your money. (don't really know about this, so not claiming, just an assumption) |
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redsn0w
Legendary
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Activity: 1778
Merit: 1043
#Free market
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February 18, 2015, 03:26:15 PM |
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...
If a bank gets robbed I couldn't imagine they open the next day so you can take out the remainder of your money. (don't really know about this, so not claiming, just an assumption)
A bank is insured, a cryptoCurrency exchange is not insured. This is the real problem, so the solution is (as we always knew) not keep your money/coins on an exchange (maybe only if they are using multiSig and they are "honest"). If an exchange get robbed it should reimburse but it isn't "obligated" and of course it will lost a lot of customers. |
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