Ukyo, you have not responded to anyone's question about how to get Asicminer shares out of Bitfunder.
Why is this so hard? Please respond with a recommendation for how we, your Bitfunder customers who you have taken fees from, should go about converting our shares to direct shares.
Thank you,
_theJestre
As was posted in the irc above, the share counts are going to be sent to FC with public bitcoin addresses. |
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Currently trying to fix the problem as a whole.
Hard to do a manual transfers when bitcoind gives rpc timeouts at console as well.
This has been a very frustrating experience.
If anyone considers running some sort of bitcoin based system, I highly recommend NOT using bitcoind.
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Dailies will be paid out normally through Dec 1st, at which point anyone still holding will get them sent manually to their listed public bitcoin accounts.
I intend to try to fully wrap this up as funds become available. I hope to have a better outline on timing soon.
Also, all requests are still going to be honored, in order, as available.
-Ukyo
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Nope, didn't miss that. And wasn't surprised to see it. Ukyo said there would be an announcement later today after which he would have more time to deal with weexchange issues. From the sound of it, weexchange will be sorted out properly in a few weeks but for now we just need the wallet to work again.
Let's hope much much much sooner than a few weeks.. That seems excessive... |
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No, the intention was to operate the site with verified users only.
The decision to shut down completely is very recent.
As I said, I will post more details a bit later.
Right now I am trying to spend time fixing other things.
-Ukyo
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Important Notice (November 4, 2013)
Please be advised that BitFunder is ceasing operations. In connection with BitFunder’s shut-down, please note the following points, which supplement the points outlined in BitFunder’s October 8, and October 11, 2013 notices:
* As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.
* BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.
* As of December 2, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by BitFunder users, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.
* On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts.
* As of the date of this notice, BitFunder is not assessing any new fees against any BitFunder user.
* Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.
BitFunder appreciates your understanding in these matters.
I will be making a detailed post explaining more later on. I know this will be hard for some of you, but please try to hold off on the conspiracy theories until then.
Thank You,
Ukyo
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Hello,
I apologize for the delays.
Tickets are finally making progress and the total is shrinking rather than growing.
As I mentioned before we are handling all requests in order.
Please be patient a bit longer and as long as you have a ticket open we will be getting to it soon.
-Ukyo
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So, a few questions: - Should the asset issuer have frozen the asset before issuing the dividend? - Can the asset issuer even distribute dividends after the asset is frozen? (Not sure how this aspect of BitFunder works) - Are any of the lucky sellers reading this?  The asset should have been frozen first. The system has no way to know that a dividend being issued is not a normal dividend. Not sure why anyone would want to allow trading after a final dividend payment goes out... -Ukyo |
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WeExchange has many many support tickets, all being handled in order.
There are technical issues with bitcoind timing out due to maxing out excessive ram & cpu no matter how much is made available to it.
As I stated, there are thousands of requests to be handled currently between ID requests, multiple duplicate id requests that still take time to process, users with multiple tickets asking when their id requests will be handle, users with real support requests, and users with multiple tickets open when the real requests will be looked into, not to mention all of the support tickets on BF, and the PM's I receive here, and all the code and prep work for the upcoming updates to BF as well as id verification's that need to be completed less than 48 hours from now, as well as continuing to spend time trying to identify the issue with bitcoind.
Contacting me directly is not a good reason for me to give anyone preference over another. The more time I have to spend answering questions of 'how long' and duplicate tickets, the longer it will take to get to the actual problems.
Rewriting the whole withdraw mechanism for constant retry's is certainly a good 'patch' fix but there is no time for that right now and will be at least a week out.
All users are being handled in order. No exception as it is not fair to someone else.
Now, I am going back to focusing on handling requests.
-Ukyo
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I still have 20 BTC locked. This is an absolute joke.
I've called support, I've now raised numerous tickets, and more - not heard a single thing back.
So do they have real tech issues or do they have a money issue? It's time for answers.
Several other people seem to be in the same boat as well.
I am also unable to withdraw any money without errors.
Ah great, and they also failed my Id as they said the addresses do not match, except they do. Unless I made a typo which I can't check, and I can't remove my original address details, only add a new one.
Not good people, not good.
WeExchange has many many support tickets, all being handled in order. There are technical issues with bitcoind timing out due to maxing out excessive ram & cpu no matter how much is made available to it. You can view your addresses by clicking 'Profile'. You can also 'Add Address' there as well as which one is your primary address. If you need this updates, please open a ticket. I have looked into your account, and see where you did have a stuck 70btc transaction. Looking further I see where after fixing it, your second transaction for 70btc was stuck again and was immediately fixed while we monitored it. Within minutes afterwards you were able to withdraw more than 70btc worth. As I stated, there are thousands of requests to be handled currently between ID requests, multiple duplicate id requests that still take time to process, users with multiple tickets asking when their id requests will be handle, users with real support requests, and users with multiple tickets open when the real requests will be looked into, not to mention all of the support tickets on BF, and the PM's I receive here, and all the code and prep work for the upcoming updates to BF as well as id verification's that need to be completed less than 48 hours from now, as well as continuing to spend time trying to identify the issue with bitcoind. Contacting me directly is not a good reason for me to give anyone preference over another. The more time I have to spend answering questions of 'how long' and duplicate tickets, the longer it will take to get to the actual problems. Rewriting the whole withdraw mechanism for constant retry's is certainly a good 'patch' fix but there is no time for that right now and will be at least a week out. All users are being handled in order. No exception as it is not fair to someone else. Now, I am going back to focusing on handling requests. -Ukyo |
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Thank you Ukyo. Surely you can understand that without even being told that you had received my request to redeem, I had no way of knowing if I had even made the lineup right? Your lack of any acknowledgment left me without any information to go on at all.
Please keep that in mind for others.
I know and apologize. I am one person trying to handle a number of things on many different fronts. A lot of things are time sensitive right now and I am trying to meet the current expectations of those needs. I appreciate your understanding and patience in these matters. -Ukyo |
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Can you at least tell us how you determined the que? I messaged you here on BitcoinTalk on Oct' 8th as this was the procedure in the past and then decided to open a support ticket on Bitfunder yesterday just in case you hadn't given consideration to my private message in determining where I end up in the que.
It's this sort of information that you're leaving people in the dark with. You do have some minor but important information to update us with frankly. I don't agree that there's nothing to update.
- How great a percentage of outstanding redemption requests have you worked through so far?
- Is there a specific method of contacting you that results in a placement in the que?
- For American users, (I am not an American user) with the Nov' 1st deadline fast approaching affect their redemption requests?
So far as I can tell (please someone correct me if I'm wrong) you have not answered these questions or given out this information. It would be nice to know responses to these points of interest.
I have lodged several requests with you over the past few weeks for contact privately. I understand that you're busy but not in even a single instance have you said so much as "sorry, too busy right now" in response to any of these messages. Again, while it's understandable that you're busy and while we can appreciate greatly that you're trying as best as you can to meet your obligations and apparently succeeding, until you actually have met those obligations you are doing nothing to give people any sense of predictability as to what's going on with their funds which you are in possession of.
Please give us a bit more detail. It's the courteous thing to do and we don't even really need a whole lot.
Now working on MGIO's request which came in before yours on the 8th and is rather large. Redeems are first come first serve. Best method for queue is to submit via btctalk PM. Even with the Nov 1, I can not hold preference on those users over others. 70% of the requests came in on Monday. If I do not hear from someone in 48hrs I move on. Many users respond that they are no longer interested/capable of redeem. I will continue to work through redeems and satisfy the agreement. -Ukyo |
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Still processing requests in order.
Now stuck at a rather large redeem request covering 10%+ of the shares.
I will update as soon as there is something to update.
I will continue, as promised to pay out daily and redeem shares as funds can be made available.
-Ukyo
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Friedcat has corrected the missing dividends.
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waiting on FC to clarify/verify div amount.
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I have been, and will continue to redeem shares. The list is long, but it is being worked through.
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Hey guys,
Sorry, been very busy with many many things going on.
At the same time I have been fighting problems with bitcoind and rpc timeouts.
Weex already had a huge backlog of tickets, and this has not helped at all, we are trying to work through all requests as soon as possible.
If you have an issue with your account please open a ticket and it will be worked on as soon as it can be got to.
Many users have already had their issues fixed.
-Ukyo
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Hey guys,
Sorry, been very busy with many many things going on.
At the same time I have been fighting problems with bitcoind and rpc timeouts.
Weex already had a huge backlog of tickets, and this has not helped at all, we are trying to work through all requests as soon as possible.
If you have an issue with your account please open a ticket and it will be worked on as soon as it can be got to.
Many users have already had their issues fixed.
-Ukyo
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WeExchange needs at least 1 government issued photo id.
A seperate option for this will be added soon.
-Ukyo
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Hello all,
I apologize for the lack of communications, I have been traveling while dealing with all of this plus the forum outage did not help.
For the moment, I am limited on my comments. As mentioned above the expectancy was to use the funds for other things and not have to worry over a mass exchange. I am hoping to post some of the first news in the next 2~4 weeks regarding some use the funds have gone towards. In the meantime, please try to be patient and understanding. I do get hundreds of msgs a day atm, a lot of which I cannot yet respond to, or just have not gotten to or missed. I hope everyone will be happy with the results of this.
-Ukyo
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