Quote from: GoldenKnight369 on August 04, 2015, 09:06:56 PM

Quote from: favdesu on August 04, 2015, 04:08:47 PM

I really doubt they got a cold wallet. they can't even handle the normal wallet. never experienced so much incompetence from an exchange

You're right. I don't think they've got a cold wallet anywhere either. None of the top 10 wallets in the richlist belongs to them as far as I can tell. So it really seems strange to me that the sell orders haven't moved one bit since yesterday (~300 million qora), yet their qora reserve has already been reduced by another 40 ~ 50 million qora.

At this point, I don't believe they'll have enough qora to cover all the future withdrawal (unless someone else makes another huge deposit). Embarrassed

So things are getting very interesting now - as the hot wallet gets closer and closer to being empty, I wonder whether the last person will be able to cash out and withdraw? I guess we'll just have to wait and see.

One reason I got very suspicious of BTER is that, after the recent hack, they decided to drastically reduce/restrict the amount of altcoins you can withdraw at one time (for instance, nodecoin has a daily limit of 500,000 - a nearly ridiculous amount). Why would they do that if all of the Alt-coins were unaffected by the recent hack aside from Bitcoin? Huh

They claimed only bitcoin was compromised during the recent heist, and I was not sure whether they were telling the truth. Okay, let's wait and see.

Other communities came to the same conclusion. Bter is as shady as possible. I wouldn't use them.