I don't know what the heck kumala is doing, maybe he run away with the loot and left the exchange on autopilot. to quote again:
- poor communication: wrong move
- privilege the first leaving the exchange: wrong
- distribute remaining coins unequally: wrong
- freeze 2014 people's account for something happened to may 2013 customers' account: wrong
What could Kumala do to rivitalise Vircurex.com?
here's what he should do in my opinion:
- raise fresh new capital, 1000 btc minimum to bring back the NAV > 0 (all coming from his pockets or from new partners/investors)
- disclose his identity, open a twitter account, launch a better support via skype
- unfreeze at least 50% of the coins unlawfully held, to be distributed in a fairly manner
- propose an incentive to trading for the depositors with frozen coins (half commission, or no commission at all, so they stick around and generate volume)
- stick to a full reserve, to be audited regularly
- include more coins, at least the top 15 as per market cap
- open an LTC market (for the likes as dogecoin, redd, tips, devcoin and so on)
- add the pay-per-vote system
- add trading vs USD and EUR
I believe this could restore confidence and bring back the daily turnover to at least 100 btc per day minimum.
Kumala, are you reading??