Basically what Ukyo is doing is saying stuff along the lines of 'announcement coming next week' and empty promises every week until everyone just sorts of lose interest and gives up on getting their stolen coins back.  This has been working for 2 months now and just continues to roll on.

So going on three months for some folks, they deposited money to WeExchange, and the coins 'magically vanished' and we still don't even have an excuse why they went missing.

And most people are oddly thinking that they will somehow get their coins back, I suppose? 

Just doesn't make much sense.  This was about the easiest, most painless multi million dollar scam that I have ever heard of in my life.  Ukyo Jon Montroll does not even have a negative trust rating.  And I'm guessing only 1/10 of the people he scammed even know of these threads existence.  What a sad new big scam for the world of bitcoin.

You must be some sort of shrill account.  Did you lose all a lot of bitcoin through the WeExchange scam, and then come to this forum to make a new account, just posting how you believe Ukyo's BS?  You are either a severe idiot, or you are Ukyo, or you are being paid by Ukyo. Which one is it? I just can't fathom that anyone could be this happy and trusting when having their money stolen.


I mean anyone reading this: just go through WeexUser's post history.  Why would anyone of their own violation lose funds to WeExchange and then feel such resolve to post upwards of 70+ messages supporting the laughably thin premise that something legitimate happened to all of our deposits, instead of the much more likely answer: that we have been ripped off.

Yup. The scam is almost over.  Ukyo stole millions dollars worth of BTC.  Has lied about what happened (first it was purely technical error now the coins are just gone for 'legal reasons' that of course 'he can't talk about').  Has not given any explanation for what happened.  Most people have given up hope of getting their coins back, are in denial, or aren't doing anything to get their money back.

I betcha when it went from 10$ to 7$ these boards were filled with people talking about 'the huge crash' and 'the big bubble' and how 'bitcoin will never reach 10$ again'.

If you are one of the big boys, like HSBC, you can handle some of the business from drug cartels.

If you are new player like Gox, then the big boys will do there best to keep you out of there turf.

This prob the most obivious thing in the world, but did you check the warranty?

 A lot of companies have long warranties.  Like gigabyte for example, offers 3 year warranties on their video cards.

OP:  you really should save yourself a big headache and simply but another motherboard.  You could get a suitable used 3xpcie mobo, cpu , and minimum ddr2 ram for probably 50 bucks? I don't see why you'd want to go the 6x route. It's plausible and good on you if you want to do it, but man, 2 3xvideo card pc's would be so much easier. 

BTC-E has been good to me, using it for 1.5 years or so.

Withdrawing any decent amount of NVC always takes a long time though, that's one drawback.

I always trust it a bit more because it is Russian, it is not as likely to be shut down from the latest Goldman Sachs-made financial regulation set by the American gov.

Though you should never leave a lot of money their for long periods of time (on any exchange) if you can avoid. After being scammed a bunch of times in the Bitcoin community, the latest with having my deposits to WeExchange stolen by the owner Ukyo / Jon Montroll, I'm sort of hesitant to use any service unless needed. But BTC-E hasn't given me much problems or worries.  

Hey Balthazar, just to confirm, I should be all fine with the blockchain issue with version v0.4.4.5-2-gde717f9-beta right?   Thanks.  I updated to the latest version but it crashed with an error so I went back to this one.

Preorders are just a gamble really. Unless from a proven company like KNC.  

After I got burned on my 15btc investment into a 4 month late Avalon unit that was it for me. You guys should give up on preorders too. It's way too risky when you only have about a 3 months window to get a ROI.

What a lie. Are we talking about folks inability to withdraw their deposits from WeExchange?  This went on for at the very least 40 days before Ukyo / Jon posted any notification of it it happening.  I publicly asked him to at the very least post a warning to users that they would not be able to withdraw their coins when the deposited them, somewhere around a month into it. and then a week or two later a lame warning message was posted on the site.   A few days, are you seriously claiming that Ukyo?  You scamming scum. Why don't you do something useful with your life instead of ripping people off?  

Please people read up on the thread " The 94% Con by Jon Montroll" here:
https://bitcointalk.org/index.php?topic=337523.0

As you can see the first user who reported being unable to withdraw the coins they deposited was Nov 19th.  And who knows how long it was even happening before that report.  A few days? What a joke.  

"I add my requests too, I trusted Ukyo but I'm loosing my faith day by day he keeps to remain vague about this issue. Avoid blocking withdrawals from weexchange seems odd, too.

Username          WeExchange ID                                 Amount                  Time Stamp
Pompolus     uIIxCevq18AuQe1i2jTftijKq6Fj03cf            5.49994209BTC   2013-11-02
Pompolus     GlWNK4426syVhELe97ew7K62gOmqtfD3     5.00000000BTC    2013-11-02


stucked since november 2nd, 17 days and counting"


Jon did absolutely nothing to stop people from depositing to his website when he was fully aware that he would not give them their coins back. I think it was around 45 days after these problems were public that he even put a notice about on the WeExchange about it.

The good news is that peak population growth has already been reached. It is more likely the world population will start to fall, birth rates are decreasing globally.

Which is awesome because ya, there are too many of us for one planet.

Buying at all time high of anything is pretty dumb.

But you could have done much worse.

All you simply have to do is wait, it'll go up in price.  

It's not so much that bitcoin is so awesome (although it is) it is more than fiat imaginary money loses its value so quickly that anything that doesn't, appears to be booming in comparison.

Amazing that people aren't doing anything, even though he likely stole millions of dollars.

People scammed haven't even taken the 30 seconds to give Ukyo a bad trust rating, it is kind of pathetic how easily he stole this money from any one and he certainly doesn't seem to fear any reprisal or legal action.

^^ Yes that's what I believe too. No I don't know for sure. But I think that the is the most likely answer.  

I believe the most likely explanation is that Ukyo was using deposits that he had no right to be fucking with in his own failed attempts at investing / gambling on the market.

If you look at the timeline, you will also see that all these problems happened --surprise surprise-- just after BTC was around $200 and began it's new-boom to a steady $1000 mark. I don't think the price-of-btc against the timeline of this fiasco is a coincidence.


Obviously Ukyo can do anything he chooses with his own BTC.  But you can not unknowingly use the BTC of others as leverage in your investments without consent, that's just plain thievery. And Ukyo is not Goldman Sachs so he will not get away with it. Honestly I would not accept $3 million dollars USD to be in his shoes right now. As I said I've made peace with losing my $1000 some odd bucks, but Ukyo, as his identity is known, is going to have a lot more Angry Random Internet People after him In Real Life for amounts of far over $1000 dollars, using both legal and illegal methods (that I don't condone!). If he was gambling with users' deposits I just feel sorry for him, he made the next couple years of his life about 1000x more difficult.

If it is true that Ukyo was scammed and had the coins stolen:

1) Why would he not be able to talk about it?  It would be a legitimate 'excuse' for losing millions if it was stolen, and he could show proof that it was stolen, and Ukyo move on from it it, and aid an investigation to find the perp.  If the coins were stolen, why would Ukyo keep this secret?  It would be in his best legal interest to inform the public instead of leaving his services open for months.

2) If the coins were stolen, why would he continue to accept deposits for a period of over 2 months ? Why would  he leave the website open?

3) Okay let's the coins were scammed. Why would he know this and then take out, and continue to take out, big loans of BTC from the community? He would know that his name would be destroyed from this so it is doubtful really be considering opening up more businesses.

I'm just trying to illustrate, if you look at the whole matter, the most likely and reasonable explanation for what happened is that Ukyo did something illegal and wrongfully took millions of dollars worth of BTC from the community.

I am open to any rational,  convincing counter-arguments to the premise ' Ukyo stole millions of dollars from us' but I so far have not really found any.  

SebastianJu I have a question for you.  And I'm not trolling, not angry, which just really like to hear a rational answer to these questions:

1) Do you really think it is feasible that Ukyo has had a technical problem with bitcoind that has locked millions of dollars of BTC up?  For over 2 months.  That he  has not been able to resolve ,even with outside help? I don't think this is possible, but I admit I do not know bitcoind that well. Do you think is this reasonable that the problem could not be fixed with over 500 man hours and outside help?

2) If [1] is true, why has Ukyo said that "the coins are gone" and he has been unable to talk about the matter because of 'legal reasons' ?

3) If the problems were purely technical in nature, why would Ukyo still take deposits knowing full well he would not be able to pay them back for a period of over 45 days?

I just don't see any likely answers to these questions unless the coins were misused or stolen by Ukyo.

I'm really glad to see that many of you are coming around to see the light, instead of just buying the BS.

What Jon has said just doesn't add up, the most likely scenario is he did something illegal with all the money trusted to him, and I'm glad many of you are finally beginning to realize this instead of being in denial or being placated by the bS  " I can't talk about this because of legal stuff" (i.e Ukyo probably did something criminal so doesn't want to tell you) nonsense which is only self-serving.

You have likely been scammed.  Ukyo owes the community over 2 million dollars and owes some people for deposits they made over 2 months ago.