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1901  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 02, 2014, 02:37:43 PM
Is that same legal reason preventing him from telling people what happened to the coins also the same reason why he allowed people to deposit to WeExchange for 2 months when he knew that the WeExchange users would not be able to receive their coins back?

We might not have much information but don't change the facts. Deposit of funds were disabled less than a month after the withdrawal problems started.
While we have yet to see proof of of the opposite, you can't just make the statement that "he knew that the users would not receive their coins".

I think it is quite clear that WeExchange has suffered from multiple issues as Ukyo also said. At least the bitcoind issue and some legal issue, which probably started around the 20th of November.

You are right that it was not 2 months, but it is true that Ukyo still allowed deposits when he new that withdrawal was practically impossible. At that point he might not have known that funds would get stuck for such a long time but at least he should have warned people that withdrawal was impossible for some time. For some time he failed to do this, in spite of several people asking for this explicitly.

Sorry for delay haven't checked this in a while...

I stand by the 2 month claim. Some folks had the inability to withdraw there deposits longer than 60 days ago.  Here is one person for example:
___________________________
Pompobit
   
Re: The People VS. Ukyo (AKA WeExchange 2nd Stage Scam)!
November 19, 2013, 12:44:39 AM
   
 #2
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
   ___________________________________

As seen in the one of many threads about this scam  https://bitcointalk.org/index.php?topic=337523.0


For sake of argument let's say then that Ukyo knew , without question, for over 45 days that users would not be able to withdraw any btc they deposited to WeExchange.  I did not really receive a satisfactory answer from any of Ukyo' protectors and loving fans on how, and in what circumstances, this could be seen as okay, to collect funds from people with no intention or ability to pay them back, for or at least, over one month say.

The whole gag order thing is highly improbable. Not impossible, but I highly doubt it. The much more likely reason that we don't have our coins is that Ukyo did something really bad or really dumb, or stole the money.
 
At the very, very least, please at least give yourself a deadline on how long you are going to wait before doing anything, or accepting the money as lost. Another week? Another month? Give Ukyo a year? At least set this for yourself and stick to it.
1902  Alternate cryptocurrencies / Altcoin Discussion / Re: I AM NOW A BERNANKOIN MILLIONAIRE!!!! on: December 30, 2013, 09:36:10 PM
Instead of trolling around could you explain how this works ? I can't seem to find any tutorial on the internet about how to print BEK... It must be obvious but I don't see.

 Grin Grin Grin Grin Grin
 Cheesy
 Wink
1903  Economy / Securities / Re: [BitFunder] Ukyo.Loan - Paying 0.05% daily. on: December 29, 2013, 07:50:48 PM
I hope you guys don't just get back 5% of your deposits or investments, like is the case with everyone who deposited btc into WeExchange for the last two months.

Ukyo any estimate when you'll tell people what happened to the over 2 million dollars people deposited into WeExchange that have not been returned?

I doubt we'll get the coins back but I'd just like to know what happened. That has to be worth at least 100$ of the 700$ you owe me.
1904  Economy / Securities / Re: ASICMINER: Entering the Future of ASIC Mining by Inventing It on: December 27, 2013, 10:40:07 PM
How's asicminer doing these days?

I was an investor from around 4 btc a share down to .8 a share, haven't been keeping on the news.

Any eta on the next gen chips?

1905  Economy / Scam Accusations / Re: The 2nd Stage Server Con ( Currently ~$2,000,000 ) 2 MILLION DOLLARS!! on: December 27, 2013, 10:37:52 PM
2013-11-19 04:36:29 Withdraw 1.37162273 BTC  Processing

what happens with shares from bitfunder?

You seem new.  Unfortunately Ukyo has been accepting deposits for about 2 months now even knowing that there was no way people could withdraw the money.  I'm in the same boat as you , it really sucks. He's stolen over 2 million dollars as hasn't even told people an excuse for not being able to give them their money back.  He stole over a $800 from me and many others are owed much more.  Not many people are doing anything about it though, maybe you can come up with something.
1906  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: December 26, 2013, 08:32:05 PM
It is more likely the 'legal reasons' that Ukyo is talking about are 'if I told you what happened to your money, you'd have a better chance of suing me, so I'm not going to say anything.'

Some of you guys have your head in the sand.

Ok say for second there is a legitimate legal reason Ukyo can't say what happened to the coins (which is highly implausible, but for hypothetical sake, lets say so). Is that same legal reason preventing him from telling people what happened to the coins also the same reason why he allowed people to deposit to WeExchange for 2 months when he knew that the WeExchange users would not be able to receive their coins back?

I would just love to hear the answer to this. Some of you are are so afraid of admitting to yourself that this is a scam that you aren't even thinking rationally about what has happened, what has been said, and what you have lost.  
1907  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST-- on: December 26, 2013, 08:25:02 PM
Hey if any super-knowledgeable person could help me out with this PoS question that'd be great.

So I have 2 nova wallets on 2 separate PCs. Both had balances transferred to them on the same day. About 30+ days later, one of the wallets generates a PoS block while the other does not.

1) Is this pretty normal? Is it correct to think that finding a PoS block is unpredictable, the chance increases as time increases ? Or in this scenario should they find blocks at the same time / same day?

The only difference between the two wallets is that the wallet that has not found a PoS block has been receiving a few coins from my mining. But I used a seperate address in the wallet for that, so that should not affect the coin-age of the balance that was already there, is my understanding. Is this correct?

2) After my first PoS block matures, should I transfer the new balance to another address in my wallet to restart the PoS process, or is it just as effective if I just leave it as is. Will a new PoS block eventually be found if I just leave it alone, once the new 'stake coins' return to my balance, without having to move the coins to a new address?

Thanks if anyone has the answers to these.
1908  Bitcoin / Mining speculation / Re: Suggested use of: ASIC-MINER.com on: December 25, 2013, 12:55:39 AM
Meh. It's not so much your domain name as it is your content.

As a guy who may want to check out ASICMINER the company, I don't care if the domain  is asic-miner.com  asicminer.ca  asic-miningcompany.io  or am.sx  or what.

Maybe just put some links on there and try to make a couple bucks from that?
1909  Bitcoin / Mining speculation / Re: Mining at Home dying out on: December 25, 2013, 12:53:06 AM
Bitcoin mining has gone much more mainstream now. With the rising popularity, profits will continue to plummet.

This year, near the end, profits will go to just a few cents above break-even after paying power, and you'll only be able to mine and get ROI if you are paying at least less than 0.1 k/W.

That's sort of just the way it is. It's a race to the bottom now. Like wages that multinational corporations pay, they go over the globe finding the place to pay the least. There will always be someone willing to do it (anything, mining whatever) for less profit than you, so it will go down down down until it is not any less profit any you would not be able to mine.

Sorry you got on the boat so late, the great easy profits that once where for different periods are probably mostly gone after the next few months, and will not return.

short version: mining is popular now, so it's a race to the bottom, profits will fall much more.
1910  Economy / Scam Accusations / Re: is anything bitcoin not a scam? on: December 20, 2013, 01:05:38 AM
Ya I've been burned so many times.  It really sucks.

A community like this starts quite small and the people who are in it are generally technology enthusiasts, you are more interested in the hobby then making money.

But because BTC has exploded, now a days it is just rife with scams. After losing money to that thieving bastard Ukyo (and WeExchange / Bitfunder) in my latest of three times of I've been scammed just this year, I've basically given up on a lot of the Bitcoin economy.

I'm hoping development will continue on decentralized exchanges. For now I've pulled all my resources out of different securities, services and exchanges, because all the fucking scum of the world scammers, like Ukyo for example,  have gotten on board bitcoin and are just wrecking it for everyone, making it really hard to trust anyone to do actual legitimate business with.
1911  Economy / Scam Accusations / Re: The 2nd Stage Server Con ( Currently ~$2,000,000 ) 2 MILLION DOLLARS!! on: December 20, 2013, 01:01:53 AM
I'm 5% less angry now.

(5% is something but it isn't that much).

So like WHAT HAPPENED TO OUR DEPOSITS AND STUFF?

sorry if I'm spamming.
1912  Economy / Speculation / Re: The inevitable collapse of hubris on: December 18, 2013, 07:43:54 PM


Wow folks have lost a lot of perspective.

Funny when there is a crash, always a big flood of posts, mostly from bitcoin newbs, saying the sky is falling.

Things really aren't that bad. 2 months ago we were less than 200, now it may stablize around 500? Oh boy ya what a nightmare, more than 200% in 2 months. Oh noes oh noes sell sell bitcoin is finished ! lol, this is pretty silly. A 250% gain in price! Whew what a crash !


Nice to hear confirmation from such an expert that $500 is as low as it is going to go.

I'm not an expert but I definitely know a lot more than a lot of people posting in this thread.  I'm generally right in my predictions of price movement.  I bought in around $15 a bitcoin initially and mined before that, so I've seen it go up and down since then. My comments still stand, I think they are reasonable... if you don't agree that's okay, but no need for petty sarcasm.

Okay you think a 500 bottom is dumb. (So far it seems reasonable to me.) What do you think the bottom will be?

It's really easy to sit back and point out how some folk's speculations are wrong while not contributing any thoughts on what a 'correct' speculation is.

Reading your OP I can only think of two reasons why you'd post it:  a) you are really bad trader or investor, and got butt hurt about losing money recently (whereas I made a good profit)     b) you are just trying to spread fear in some weak attempt to push prices down further so you can buy back in.
1913  Economy / Speculation / Re: The inevitable collapse of hubris on: December 18, 2013, 07:41:41 PM
Wow folks have lost a lot of perspective.

Funny when there is a crash, always a big flood of posts, mostly from bitcoin newbs, saying the sky is falling.

Things really aren't that bad. 2 months ago we were less than 200, now it may stablize around 500? Oh boy ya what a nightmare, more than 200% in 2 months. Oh noes oh noes sell sell bitcoin is finished ! lol, this is pretty silly. A 250% gain in price! Whew what a crash !

The Chinese position change really hurts but overall it isn't like a death strike to bitcoin like many are making it out to be.

People who bought in at $1200 probably disagree with you.

Anyone who bought at 1200 is not very wise.  You never buy anything at the peak of a bubble. It's no surprise to lose money if so, that's a really dumb idea.

I told my friends who wanted to get into Bitcoin to wait until after Xmas where I predicted the price would be around $600. And I still think I'm going to be right.
1914  Economy / Speculation / Re: The inevitable collapse of hubris on: December 18, 2013, 07:11:26 PM
Wow folks have lost a lot of perspective.

Funny when there is a crash, always a big flood of posts, mostly from bitcoin newbs, saying the sky is falling.

Things really aren't that bad. 2 months ago we were less than 200, now it may stablize around 500? Oh boy ya what a nightmare, more than 200% in 2 months. Oh noes oh noes sell sell bitcoin is finished ! lol, this is pretty silly. A 250% gain in price! Whew what a crash !

The Chinese position change really hurts but overall it isn't like a death strike to bitcoin like many are making it out to be.
1915  Economy / Speculation / Re: Well, it was fun while it lasted (BTC to $200... LTC to $10) on: December 17, 2013, 05:50:41 AM
I'm pretty happy about it. I sold most of my bitcoins between $200 and $400 and now will be able to buy back a few coins...
1916  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: December 17, 2013, 01:00:50 AM
As was saying in the one of the other threads on this, the 'legal reasons' Ukyo does not want to tell us what happened are much likely along the lines of 'I can't tell people that I gambled with all of their deposits, and then continued to take more deposits to pay off interest on loans,  because that'll make me more culpable in a court of law'  then instead of some reason like 'FINCEN took my coins and told me not to tell anyone so I can't share it for legal reasons' .

The 'legal reasons' Ukyo can't tell us what happened are self-serving, the legal reasons are for him, not us.

Oh and hey thanks a LOT for fucking up my Christmas Ukyo. You are not going to be able to walk away from this, with 2 million owing to random internet people. You really fucked up man.
1917  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: December 16, 2013, 07:52:32 PM
I just hope that if the link isn't posted today people will stop being strung along. Been trying to show people how this works for weeks but I haven't been successful yet apparently.

My guess: link won't be posted, instead we'll get a small update about how something last minute went wrong, and then 'a lot more details will be coming really soon' kind of post.

I hope I'm wrong! Let's see what happens. So far it's exactly as I've been saying for the last month and half...
1918  Alternate cryptocurrencies / Marketplace (Altcoins) / Re: [ANN] Fibonacci Scrypt ASIC Litecoin Miners - News and Questions on: December 15, 2013, 10:12:35 AM
I like the idea but the price is my concern, if I understand correctly you are selling miners for 0.90$ per kh/s. My GPU cost $400 and makes 700kh/s that means you are selling a miner as powerful as my GPU for double the price? Why I should buy it then?

You got your hashing rates mixed up, a gpu can do 700 megahashs, not kilohashes, for scrypt coin mining.
1919  Economy / Scam Accusations / Re: The 2nd Stage Server Con ( Currently ~$2,000,000 ) 2 MILLION DOLLARS!! on: December 14, 2013, 01:27:39 AM
The 'legal reasons' why ukyo doesn't want to tell us what happened to our deposits is most likely in self-interest.  I.E  it isn't another legal entity that is preventing him from telling us what he did to the coins, but instead it is more likely he just doesn't want to tell us because it would increase his legal liability.

I.E again he doesn't want to say "sorry I was gambling with all your money that you deposited and lost it because I'm a pond-scum scam artist,  and didn't let people know I couldn't pay them back because I wanted them to keep depositing so I could pay interest on loans I took out"  rather than that, it serves him better to say something like "I can't say what happens because of legal reasons". It's completely self-serving.

Again this just seems the most logical and reasonable guess to be made at this point, judging from what we have seen, and what he has said, and what he has shown with his actions. It's almost been over 2 months...it's sort of a joke we don't even know what happened.

Furthermore I don't think legal recourse would be effective at all in this situation but sure would at least make me feel better at the $1000 I have lost. If I was American or had more than $2000 lost here I would be headed to Texas, but I'm not, so am just going to try to get about $100 worth of bitching about this in to make me feel better.
1920  Economy / Securities / Re: [BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC on: December 12, 2013, 11:49:50 PM
Hi guys I'm completely unfamiliar with trade fortress.

Could someone give me like a one or two line account of what happened here? 

On a side note the amount of scams in Bitcoin is really getting ridiculous. After my latest scamming, losing money deposited to bitfunder, I'm given up trading and any exchange or security and won't be back until a decentralized market is set up, I recommend folks to do the same. Can't stand scammers they drive me crazy.
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