|
why didn't they do a proportional distribution of what was left? I had all my holdings frozen. this is unbelievable. at least they should have left something to everybody so they could continue working on their platform. this was not fair at all. quite disappointed about the way they managed all this. I won't move a btc or ltc back to vircurex. I'm finished there unless I have some of my frozen holding released.
|
|
|
|
|
why didn't they do a proportional distribution of what was left? I had all my holdings frozen. this is unbelievable. at least they u should have left something to everybody so they could continue trading. this was not fair at all. quite disappointed about the way they managed all this. I won't move a btc or ltc back to vircurex. I'm finished here unless I have some of my frozen holding released.
|
|
|
|
|
every last satoshi or litoshi is now frozen. why didn't these motherfuckers do a proportional distribution of what was left? fucking thieves.
|
|
|
|
|
is it going to be only half?? is that your guess?
|
|
|
|
from: https://bitcointalk.org/index.php?topic=226366.0By definition of book value, if Vircurex was shut down at the end of May, and everything got liquidated, shareholders will be left with -102.33 BTC.and that was at the end of may. in theory that loss would concern the shareholders only. funds gone... shareholders wiped out. customer deposits replaced with company capital (2149.7705 btc at that time). net loss 102 btc and something, just a mere 10% of total holdings at that time. so how is that possible that now he's stopped withdrawals? did the deficit grow larger instead of being filled? it's all so fishy! with all the fees collected in these months the 102 btc deficit should have been totally recovered. clients deposits should be fully accounted for. instead the shareholders value would be approximately zero, because of the hack perpetrated in may. so why has this happened? |
|
|
|
|
first time I read this thread. had I known all this, damn vircurex, and damn me too
|
|
|
|
|
in my opinion they postponed by 24hrs the deadline for setting up the frozen accounts for the following 2 reasons:
1) frenzy trading is generating so many fees they never see in their life (which is good for increasing the btc to reimburse).
2) possibly they are even selling the alt with a 50% profit on market price, (which can also contribute to increase their reserve)
|
|
|
|
|
I guess the % reserve on btc is far less than on ltc. what do you think?
how many btc did they have? if gox had 750k, these guys might have had 1% of that number. probably something like 1000. what about ltc? 20k? don't think more than that.
they also postponed by 24hrs the deadline for setting up the frozen accounts. in my opinion they have done it for 2 reasons:
1) frenzy trading is generating so many fees they never see in their life (which is good for increasing the btc to reimburse).
2) possibly they are even selling the alt with a 50% profit on market price, (which can also contribute to increase their reserve)
|
|
|
|
|
maybe the vircurex guys are selling the altcoins at 50% above market prices to make some money and fix their deficit. they have inside information and know exactly what's missing, if the market is pricing uncorrectly I guess they will close the gap buying what's cheap and selling what's expansive and make some money out of it
|
|
|
|
Apparently the system is going offline for 30 minutes at 1pm GMT that's about 45 minutes from now: 24 Mar 2014 - Activation of frozen balances NEW
As announced in the previous news we will perform the balance freeze of BTC, LTC, FTC and TRC on 25 March at ~01:00 GMT, this will lead to a 30 Minute system downtime.
More like 1485 minutes from now. postponed, no wonder, they are finally making some fees out of trading. maybe this can help increase the refunding share. |
|
|
|
is it possible to deposit my dogecoin and sell it on vircurex(since its 60sat higher price) then buy any other alt and withdraw it?
anycoin is trading 50% above market price. there's no free lunch. |
|
|
|
|
people are paying up to 50% to get out, so the market is pricing 50% as missing, even more on ltc (but mainly due to the fact that to get out you have o sell your ltc, so ltc looks underpriced here).
|
|
|
|
|
what could be missing on LTC and BTC? anyone? 80%? 20%? 50%, what's your guess?
|
|
|
|
Me too! NET withdrawal appears as confirmed.
But, TX ID is not valid in the block expler. Transaction not found.
I requested 0.04324365 BTC withdrawal to my btc wallet but it just says initiated and under the token where usualy is txid it says null ?
ditto here, ticket submitted yesterday |
|
|
|
|
I tried to withdraw some btc, the tixd has been released, yet after a few hrs is not in the blockchain.
what could be the problem? happened at mcxnow some time ago, and RealSolid had to fix it manually.
|
|
|
|
|
kumala if you are reading you should translate "with significant unrecoverable losses" into percentage:
what % of LTC is missing, what of BTC, FTC, TRC.
at least people can figure out what's the best strategy to adopt here. everybody going bonkers and printing crazy prices (or maybe not, it all depends on the %)
|
|
|
|
|
why didn't release the amount of missing coins?? they are letting people speculate on the numbers! the only reason is to generate commissions out of frenzy trading based on people being clueless about the real numbers
|
|
|
|
|
how could they make SEVERAL withdrawals from the cold wallet?? the cold wallet is offline. even if it's online to replenish the hot wallet, someone can hack and do ONE withdrawal without them realizing the steal. not a few, not many, not several. unbelievable. this is a new fashion, if the fat imbecile is going away with a 450+m heist, why not rob some peanuts here and there?'
the distribution method is also stupid. as someone said above, it leaves the middle account with nothing. I felt this was coming, but not on vircurex, one of the oldest exchange around. I trusted this guys. disappointed, massively.
EDIT: i read too quickly, ok, large withdrawals that were legit, not hack. so they were basically working under fractional reserve.
|
|
|
|
|
this looks nice... pump it guys! tips rulez
|
|
|
|
|
Show Posts
