Quote from: MrJeans on February 16, 2015, 10:40:03 pm

Thanks for the post Cob.
Every now and again we just need a message like the one you just gave to keep us in the loop and reassure us of your existence 
I look forward to the product

Completely understandable yes.

BTW Notes will be made liquid soon. On the BTS blockchain. They will be made liquid so people can start trading them.
At the same time, we will release some info regarding the back end of the music project. This way people can actually know why they would want to hold, buy or sell Notes.

Basic stuff like what are the tweaks to the blockchain, what is the fee structure, is there a buy back, etc etc. Basic stuff really.
What PeerTracks will be capable of will be top secret for a little while still. For reasons mentioned above... mainly SHARKS haha

Cob, apparantly BTER will be opening it's doors soon for withdrawals of coins.
Could you contact them, when the snapshot is liquid, so we can withdrawal our NOTE snapshot?

The last thing we want is, a large holding of notes, in a hacked exchange.

Quote from: Method-X on July 07, 1974, 05:32:57 am

Quote from: graffenwalder on February 16, 2015, 07:23:08 am

Really? Who in their right minds would want to invest in BTER?
BTER is done for, this is their final blow.

Reviving BTER for BTS purposes, is gonna hurt BTS even more.

  Yeah... worst idea ever. A decentralized exchange buys a failed centralized exchange because...?

Because it would become completely irrelevant without an on/off-ramp to the real world.
Because 2M USD to buy a huge user base is a very good deal.
Because that would be the best marketing and PR movement ever in crypto history.

Bitshares will fail if BTER fails.
Mark my words.

It's not like if Bitshares was visible and widely sought after out there.  Time to awake people. If you are not deeply concerned about the implications of BTER's situation for the future of Bitshares a reality check is overdue.

Ofcourse this whole BTER mess is a serious blow for BTS.
I still think this is a delusional solution, and I really hope, that the community will have the sense to call this off.

Ok we are now short one on/off ramp, a rather large one, but there are more, and more are in the works as we speak.
2 million to buy a huge user base. You still think this will be a huge user base after this?
For marketing and PR we would hit most crypto news sites for sure. But is this the kind of marketing an PR we need? We are sending out an message that a decentralised exchange fully depends on central exchanges to operate.

Seriously the reality check is on your end. We have to take our losses and move on, without BTER. Nobody will care if BTER is run by a DAC, except this community.

24/7 bitcoin news claim they know who is the hacker:
http://247cryptonews.com/bter-got-hacked-7000-bitcoins-stolen-7-different-accounts/

Only 170 BTC got washed, the other 7000 is still sitting in 7 separate accounts.

That's not the only strange thing, this morning there was a deposit into to cold wallet with this note:

Public Note: Good afternoon! Your help is necessary. My wife has a problem with health, treatment is necessary (we expect a baby). If you have some unnecessary btc or satosh, please, help, we will rejoice any help.

https://blockchain.info/tx/8b3a5448471947ce1ff890a9f250db85ef56a7431b20b0f3e41e3600b1dd8014

I believe Bter has one of the biggest reserves of BTS. So if the BTS is gone then its done for us; unless there is the unprecedented step of hardforking and freezing the hacker's balance.

Don't worry bter has always been good in coming up with passwords.
It's probably something like: BTS, bitshares or bytemaster

Poloniex just froze BTS trades. Not sure if this is because they haven't upgraded to the hardfork. Or it's because they've got some rather large deposits.

just sold at 360 on bter and it states now
"
We have to suspend all our services waiting for the security check. More information will be released as soon as possible. Sorry for the interruption.
"
 
Silly me...  Hackers eat my 3 btc now

At least bitshares distributed exchange could not be hacked.

But why so low liquidity at bitbtc at all? Nobody whom I can buy bitbtc from.

Oh crap, i really hope this is something else.
But it certainly looks like a hack.

The wallet will have 3-5 hardcoded delegates. All proceedings from the delegates will be converted to bitUSD. 100% of these bitUSD will be used to set 1:1 buy orders for the Bitsapphire UIAs you received.

What does this mean. Every chain that wishes to use the wallet, will have to put up 3-5 delegates?