Ninjastic
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Topic
Board Service Announcements
Re: Cryptopia Cryptocurrency Platform Services and Development
by
RivAngE
on 20/03/2019, 09:54:40 UTC
Quote from: Winstar78 on March 20, 2019, 09:29:15 AM
Quote from: Beyerd17 on March 19, 2019, 04:05:07 PM
Quote from: Winstar78 on March 19, 2019, 09:53:04 AM
Quote from: almightyruler on March 19, 2019, 01:11:56 AM
I just noticed the status pages for BTC/LTC/ETH actually use the word "haircut"  Shocked


https://www.cryptopia.co.nz/CoinInfo/?coin=LTC

Currency 57% secured, 43% haircut processed, Withdrawal and Deposits offline until new hot wallets are ready


https://www.cryptopia.co.nz/CoinInfo/?coin=BTC

Currency 86% secured, 14% haircut processed, Withdrawal and Deposits offline until new hot wallets are ready


https://www.cryptopia.co.nz/CoinInfo/?coin=ETH

Currency 0% secured, 100% haircut processed, Withdrawal and Deposits offline until new hot wallets are ready

As I had a 14% btc haircut, what does this mean? That 100% of ETH are gone? ( In the hypothesis those are not progress percentage but the amount of haircut. ) AND, in that case, how could the whole hack be 10% if the biggest coins are devastated ?

They stated they had a MAJOR LOSS OF FUNDS. What did you morons think would happen, that you would get it all back?Huh Time to wake up!!

Most of the shitcoins are untouched, but LTC is hurt bad and ETH is killed off, BTC 14%. So yeah, probably about 10% all in all.

go back to one month ago and see I knew the haircut had been the "solution" from the beginning, and I was also criticized for that.

They should have taken some LTC back from inactive traders in a "legal but unethical" way at least, though 400 LTC is a drop in the water I guess.
Look at that: https://www.cryptopia.co.nz/Exchange/?market=LTC_BTC
They've lost 50% of their LTC but suddenly they re-enabled trading of it yesterday. It seems that a total of 400 LTC were bought under their value, either by the few users who were unlucky enough to hold BTC in Cryptopia or from Cryptopia themselves.

But I'll be honest... judging by the timestamp of their tweet and the time of the LTC-BTC trading, I believe that the tradings was done by users and not from Cryptopia.