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Main => General Discussion => Topic started by: liondani on October 14, 2015, 09:31:26 pm

Title: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 14, 2015, 09:31:26 pm
This was sent to a bittrex customer after he sent funds!

Ryan Hentz


Ryan Hentz (Bittrex)

Oct 14, 13:00

Hi,

I'm opening a ticket to inform you that we have locked your account while we investigate a rollback of BTS transactions that happened after the BTS 2.0 rollout which Bittrex was not informed about. I will reply to this ticket when we have more information.

Thank you,

Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 14, 2015, 09:34:47 pm
@bytemaster
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: coiner on October 14, 2015, 09:35:52 pm
I sent funds 4 HOURS BEFORE SNAPSHOT

http://i.imgur.com/g5jZY95.png

I sent 200.000 BTS to Bittrex at 11:06 CEST 13 October. This is 4 HOURS BEFORE SNAPSHOT at 9:00 AM EST. Time conversion table here -> http://i.imgur.com/yhENOjA.png

Thanks for helping
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: bytemaster on October 14, 2015, 09:41:20 pm
I did not contact that particular exchange individually.   

We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.   
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 14, 2015, 10:33:07 pm
can anybody confirm here which was the last block before snapshot?
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 14, 2015, 11:03:54 pm
can anybody confirm here which was the last block before snapshot?

was it  3826176 ?
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: Ander on October 14, 2015, 11:14:16 pm
Every exchange aside from poloniex is probably now claiming they werent informed.  lol.  How can everyone be so unaware of BTS.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: mike623317 on October 14, 2015, 11:26:56 pm
Im surprised if the team didnt reach out to each exchange we're listed on. I know there was the 30 day count down, but if we're listed you would think we have a contact there. Anyway, move on.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: coiner on October 14, 2015, 11:30:26 pm
can anybody confirm here which was the last block before snapshot?

was it  3826176 ?

(http://i.imgur.com/KAB1NvG.png)
So they received my coins 1350 blocks BEFORE snapshot. They have it in the genesis 2.0 of THEIR WALLET. The point now is if IS BITTREX HONEST OR NOT?
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: xiahui135 on October 14, 2015, 11:52:19 pm
this is where the dump come from. If i have known there is a exchange have not update, i will transfer my old coin, and dump all of it for btc.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: xiahui135 on October 14, 2015, 11:55:39 pm
I can not imagine this can be true! If this is a company not a community, we can do better.
Title: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: phillyguy on October 14, 2015, 11:56:40 pm
can anybody confirm here which was the last block before snapshot?

was it  3826176 ?

(http://i.imgur.com/KAB1NvG.png)
So they received my coins 1350 blocks BEFORE snapshot. They have it in the genesis 2.0 of THEIR WALLET. The point now is if IS BITTREX HONEST OR NOT?

Whether they are dishonest or misinformed, you still sent them BTS four hours before the snapshot and chose to trust a centralized exchange. Hard to blame them when this painful lesson has been learned by others numerous times before.

Fortunately for us, the solution to centralized exchanges has arrived.

EDIT: Bittrex has disabled the BTC/BTS Market. BTER did the same thing yesterday.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: coiner on October 15, 2015, 12:42:44 am
That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching, consequences just happen months or years later but do happen.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: coiner on October 15, 2015, 12:53:49 am
Financial Crimes Enforcement Network
https://en.wikipedia.org/wiki/Financial_Crimes_Enforcement_Network

Virtual Currencies
In July 2011, FinCEN added “other value that substitutes for currency” to its definition of money services businesses in preparation to adapt the respective rule to virtual currencies.[6] On March 18, 2013 FinCEN issued an interpretive guidance regarding virtual currencies,[7] according to which, exchangers and administrators, but not users of convertible virtual currency are considered money transmitters, and must comply with rules to prevent money laundering/terrorist financing ("AML/CFT") and other forms of financial crime, by record-keeping, reporting and registering with FinCEN. Jennifer Shasky Calvery, director of FinCEN said, “Virtual currencies are subject to the same rules as other currencies. … Basic money services business rules apply here.”[8]

At a November 2013 Senate hearing Calvery stated, "It is in the best interest of virtual currency providers to comply with these regulations for a number of reasons. First is the idea of corporate responsibility," contrasting Bitcoin's understanding of a peer to peer system bypassing corporate financial institutions. She stated that FinCEN collaborates with the Federal Financial Institutions Examination Council, a congressionally-chartered forum called the "Bank Secrecy Act (BSA) Advisory Group" and BSA Working Group to review and discuss new regulations and guidance, with the FBI-led "Virtual Currency Emerging Threats Working Group" (VCET) formed in early 2012, the FDIC-led "Cyber Fraud Working Group", the Terrorist Financing & Financial Crimes-led "Treasury Cyber Working Group", and with a community of other financial intelligence units.[1] According to the Department of Justice VCET members represent the FBI, the Drug Enforcement Administration, multiple U.S. Attorney’s Offices, and the Criminal Division’s Asset Forfeiture and Money Laundering Section and Computer Crime and Intellectual Property Section.[9]

I give them 24 hours. If not i am going to ask these people why i get a 25% devaluation of an asset by some exchanges when my funds ARE LOCKED without any reason. Holy fucking shit i could just be a grandfather interested on this after reading forbes. ENOUGH SCAMS. How many dissapearing exchanges since 2012? 15 already? Incredibly ultra iliquid market being dumped by 25% while 2 of the exchanges BTER and BITTREX hold/lock coins, remove the market.



Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: tonyk on October 15, 2015, 12:54:20 am
That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.

@coiner you have lost the time of many here and in whatever crappy exchange you decide to transfer to, few hour before the snapshot.

How about I give 10 times, your potential but never occurring  loss, for just stopping the crying?

bts account please!
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: Spectral on October 15, 2015, 01:02:11 am
Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: coiner on October 15, 2015, 01:24:02 am
That is bullshit. Crypto is less and less the wild west. This is not 2012 anymore. We see people being made responsible of their acts more and more. Justice slow like a snail, right but there is people watching.

Bittrex could have a bucket shop? We will see in some hours if they are serious and honest or not.

I will open a FINCEN complain and post in all crypto subreddits if i don't get my money very soon.

I am DAMN tired of SCAMS.
Enough scams, they are hurting all of us.

@coiner you have lost the time of many here and in whatever crappy exchange you decide to transfer to, few hour before the snapshot.

How about I give 10 times, your potential but never occurring  loss, for just stopping the crying?

bts account please!

Sure why not, i will give it you back when they pay what they have to.
/PM
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: taoljj on October 15, 2015, 01:27:30 am
I did not contact that particular exchange individually.   

We gave the whole world NOTICE 30 days in advance and made posts on the proper threads where all upgrade announcements are posted.

Delegate  statistics

Total earnings:44,516.90 BTS
Withdrawn earnings:8,114.90 BTS
Total fees paid:531.90 BTS
Balance:36,402.00 BTS

I have import the keys to BTS2,how to withdraw the balance in bts2?Thanks
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: kenCode on October 15, 2015, 08:06:48 am
How can everyone be so unaware of BTS.

Not sure, but @svk does Gliss (or anyone) at CMC know that our assets are still unlisted? We are dropping fast at CoinMarketCap, we are almost in last place now:
 
(http://i.imgur.com/qep1rR7.jpg)
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 15, 2015, 02:42:01 pm
Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above

are you a politician?  :)
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: Spectral on October 15, 2015, 10:23:34 pm
Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
are you a politician?  :)

I get the sarcasm, but I have in fact dabbled in politics (Pirate Party). That's the party for people that are generally unwilling to be politicians, but feel a strong sense of duty to "save the world" from the NSA and Internet Censorship.

On a different note, it is sometimes difficult or impossible to know what the truth is, and ironically presenting two partially conflicting options was perhaps an acknowledgement of the fact. In the end, it may not be critical to the outcome.
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: liondani on October 15, 2015, 11:06:06 pm
Let's review the options. Not informing individual exchanges was
a) A mistake leading to accusations towards BitShares and ensuing price decline
b) A brilliant move showcasing the weaknesses of centralized exchanges, which benefits BitShares in the long run.
c) Both of the above
are you a politician?  :)

I get the sarcasm, but I have in fact dabbled in politics (Pirate Party). That's the party for people that are generally unwilling to be politicians, but feel a strong sense of duty to "save the world" from the NSA and Internet Censorship.

On a different note, it is sometimes difficult or impossible to know what the truth is, and ironically presenting two partially conflicting options was perhaps an acknowledgement of the fact. In the end, it may not be critical to the outcome.

it was not sarcasm! I really like they way you analyzed the situation. I consider you as a very smart person. (I mean that)

(https://s3-eu5.ixquick.com/cgi-bin/serveimage?url=https%3A%2F%2Fabcandoit.com%2Fwp-content%2Fuploads%2F2015%2F06%2Fglass-half-full.jpg&sp=4b584d62e37f144fb5f1ef3da2d6cbc8)
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: Spectral on October 16, 2015, 12:41:27 am
it was not sarcasm! I really like they way you analyzed the situation. I consider you as a very smart person. (I mean that)

Wow, that is a very nice thing to say. Thank you :D

The reason I thought it was sarcasm, is that "politician" is often used as a negative label (Even within the Pirate Party). For example, the Pirate Party founder, swedish Rick Falkvinge, always used to open his presentations stating (jokingly) that he is ashamed to admit that he is a politician. Nowadays, Rick is more into cryptocurrencies and liberty, e.g. BitNation (https://www.youtube.com/watch?v=EbgxQpV76mQ). Maybe we should try to get him involved in BitShares :)
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: lafona on October 16, 2015, 03:19:14 am
I think that  the follow my vote guys gave a presentation for them a while back. I think it is up on their website(FMV).
Title: Re: Is it possible that some exhanges was not informed about the bts snapshot?
Post by: Spectral on October 16, 2015, 06:59:13 am
I think that  the follow my vote guys gave a presentation for them a while back. I think it is up on their website(FMV).

Yes, the Norwegian Pirate Party invited Adam to speak at the national assembly in March this year. We discuss it here on our blog (http://bitspace.no/adam-ernest-speaks-to-the-pirate-party-of-norway-about-follow-my-vote/). It underlined how cryptolibertarians and pirates actually have a lot in common.