3) How do you tell if you claim has been marked as accurate?
If you email bitcoinica.reimburse@gmail.com then I can tell you. So far ~50 people have been paid out. Around 4x as many people are marked accurate. Right now, I think people marked as accurate will be paid back first. If you aren't in that category then you'll have to wait until after they're paid, at which point a new batch of people will be marked with accurate status. And so on, until 50% payouts have been done. Originally me and Tihan marked a bunch of people as accurate based on our assessment of character. This is how Zhou wanted to pay people back quickly (just by deciding who is notable and who isn't). However Donald, who's largely taken the initiative on the payments prefers to do them completely based the numbers. As he's taken charge of it, I prefer to respect his decision on that. So people who send us emails like "I'm so trusted in the community" - that really does not have much bearing (for now). The claims are making good progress. It's expected to be slow but I'm satisfied and don't want Donald to rush the process / make mistakes. That would be the worst thing ever as we only have the exact funds from the site. |
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Any information you have can help your claim get processed faster: - MtGox deposit codes - Any emails received from Bitcoinica - Photograph of your ID to prove account ownership - Bitcoin transaction IDs or addresses used with Bitcoinica. Send any information to bitcoinica.reimburse@gmail.comI realized that it needed to do these things again ... If we have already done this, and are listed as accurate should we send the information again to this new address?? will this help get our money back faster? I'm still at 0% paid and all I had were BTC. Nope. I would simply CC it to verify@bitcoinica.com and then add the information myself to people's claims. |
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Any information you have can help your claim get processed faster: - MtGox deposit codes - Any emails received from Bitcoinica - Photograph of your ID to prove account ownership - Bitcoin transaction IDs or addresses used with Bitcoinica. Send any information to bitcoinica.reimburse@gmail.com |
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Anyone want to buy BTC off me for 800 CZK at the price of 5.33? (Prague)
EDIT: deal done. Thanks.
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OK, sorry I took it so personally. I understand the frustration, but I'm confident that progress is being made now. It will take time. Donald has taken the initiative largely and is making solid progress. There are some holdups, and Zhou is being helpful too by sharing information needed.
There's something with Tihan going on, but I am not following that because it's unneeded drama for me - it seems he got fired, although I'm not sure for what. Personally I don't know if it's justified because I don't know the specifics. On the one hand, his boss felt the need to do so. On the other hand, when Bitcoinica was first hacked, I was terrified and suicidal at the thought that users funds could not be replaced. Tihan put those funds up, which is why we can now process payments out.
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Is Tihan really the one holding this up or is that an Intersango lie?
Tihan is not holding it up I don't think. It's just time consuming. And 27% of the claimed value (not 1 in 6) has been paid out so far. Consider that's for 50% of their claimed value. |
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Let's have a look at this in the context. the post immediately above my post: OK - so........... I got a mail that my account is verified as accurate - but nothing but crickets after. I was apparently under the mistaken impression that meant I was to see some kind of funds returned? Again - wtf? Kinda irritating because now I'm checking the damn inbox again, and I really don't want to check if the check isn't coming in the mail.  Or, are we doing the - communicate one line of email and then nothing for yet another month. This game is getting tiring  Bitcoinica LP crew is definitely not businessmen at heart. Should have set up a blog, with daily updates, put adsense ad on it. They would by now make more money out that blog that it was stolen. LOL
This has got to be the stupidest post I've read. Why would be blogging instead of processing payouts? And putting ads on there? I'd rather not be a businessman then. Thanks for the bad advice. ... stupid is: - to have no security concept at all - stupid ist to get no backups at all ... Thank you, bremer-btc-user. @genjix: This is very rich for YOU and rest of your gang to call ANYONE here stupid. Real pro!. And no, it was not an advise, it was a joke. You are too smart apparently to get it. I quit advising Bitcoinica the moment my advise to use colocation instead of linode back in September 2011 was ignored. I have not been advising anyone in Bitcoinica since then. So please do not even for a second imagine that I am advising you here. Funnily enough, after you guys got owned by linode, you (Bitcoinica) have "fixed" it by moving to rackspace VPS's, GENIUS! (yea for real smart ones clarification: this means IDIOTS!). Do not you see now all the hilarity of this? P.S. Ohh and by the way "LOL" means "laughing out loud", often used on interwebs as substitute for smiles and it is usually indication that there is a joke somewhere close by. What do you mean by "you". We were not even involved in Bitcoinica during that time. We did not move to rackspace VPS. I don't know what game you are playing, but I know that you know this. I only notarised the signed document for the formation of Bitcoinica the day before the hack. This is public information, yet somehow you are implying false things which is very sly and strange. The only thing we are guilty of is that Patrick's personal email got added access to critical infrastructure without his knowledge, and that his email was compromised. And now it is us that bears the brunt of processing payouts. You know this. Yet you seem intent to just make fun of me. Are you bitter or something? Did I burn you? It's honestly pathetic considering that we hung out in London a few times, you seemed a cool person and I vouched for your trusted character to others. |
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13 June 15:00: Initial payouts have been made to verified people for 50% of their claim.
Can we please get an update with some real factual data? The last one was made half a month ago. And so far all we know is that ~5% of the smaller accounts got 50% of their BTC balance back and 0% of their USD balance. By now you guys should have a concrete plan containing WHO/WHAT/WHEN/WHERE/WHY/HOW. Please communicate it to your customers. Update the individual claim pages with verification status and expected payout dates and percentages. If the strategy is to solve the problem by dragging this out hoping customers will forget and go away then you are mistaken. I'm seeing a lot of claims marked accurate (especially the larger ones). 75% of the claimed value has been marked as accurate with the remaining ones marked 'undecided' (the vast majority). This number is hugely skewed by a few people with very large balances. The total amount actually paid out thus far is 1/6th of the total claimed value. I was one of Bitcoinica's largest customers. I have extended you my continued patience and trust to sort this out. Now after 50+ days of inaction you have degraded me to practically having to beg for my *own* money back. Well done. Top notch customer service indeed.
Oh, and Tihan - Can you please nullify the NDA you have with the Bitcoin Consultancy guys? We need to move forward beyond words and empty promises. We need meaningful action & full transparency. It is clear that Bitcoinica LP was (and still is) completely dysfunctional. This is not how you run a professional operation.
Well there's a competing dichotomy here. To process the claims, we have limited information and we cannot tell people what we know and don't know exactly. It's a process of rebuilding a database with imperfect information against malicious agents. People are getting paid out, but again as I said, the process is very slow. In fact Donald right now has done the majority of work. Many of the claims I processed got reverted because I was making mistakes and doing them improperly. :/ There is lots of information, and a bunch of bottlenecks. For instance, lets say one staff member has access to information X, which the other staff member needs, then there's lag there. So it's not totally as efficient as it could be. I favoured using a completely mathematical/statistical approach (build stats to cross match and home in on an acceptable dataset using hypothesis testing and confidence intervals). But the others decided that it's less risky and better to do them manually (despite taking longer). I still think the statistical approach is a good one and worth the risk. |
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Are you asking me to make a blog? ‘Processing pay outs’, yes. Yet another prompt reply. It seems you are so active on these forums, I wonder how you get the time of day with all this awful processing. Yes, it was people in this thread asking for regular updates on payouts (which I'm giving). I cannot both be active, and not be active in giving updates. |
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Bitcoinica LP crew is definitely not businessmen at heart. Should have set up a blog, with daily updates, put adsense ad on it. They would by now make more money out that blog that it was stolen. LOL
This has got to be the stupidest post I've read. Why would be blogging instead of processing payouts? And putting ads on there? I'd rather not be a businessman then. Thanks for the bad advice. |
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Yes, the Python bindings need to be updated since the libbitcoin API changed. I'll get onto that soon as I need to get the Electrum server running again. I plan to rebuild the backend in C++ though.
I was building libbitcoin just for electrum  Do you know what the most recent commit is that works with the python bindings by chance? If not, it wil give me an excuse to try out git-bisect. Do you think that commit be stable enough, or should I just wait for you to write the updated bindings? Best to wait. The Electrum server I made was a prototype. It had lots of hardcoded paths and such isms: https://gitorious.org/electrum/server/blobs/master/backends/libbitcoin/memory_buffer.hpp (see 2nd include) |
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Yes, the Python bindings need to be updated since the libbitcoin API changed. I'll get onto that soon as I need to get the Electrum server running again. I plan to rebuild the backend in C++ though.
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Verduloj! Bitmono-Hakkunveno de Berlino, 13-15 julio: kodumuloj kunvenos en Berlino por finsemajno de intensa kodado kaj kunlaborado. Dimanĉo ni festigos je room77: la restoracio je la fino de kapitalism. Partoprenuloj venos de Svislando, Aŭstrio kaj Finnlando. La evento estas senpaga. Grava: ĉi-evento estas por la generala publiko, kaj ne nur programistoj. Ni aktive bonvenigas personojn kun diversaj lertecoj kiel medio kaj aktiveco. Ekzistas multajn projektojn por neprogramistoj tiel interesa kiel merkat-kampajno de la strato, aŭ grafitio-desegnoj por la kaŝita artisto. Manĝajo estos senpaga. Tri plej bonaj teamoj gajnos premiojn kaj senpagajn manĝajojn. Demandoj al jeremias.kangas@kangasbros.fi. |
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vuce, i made an implementation of the server backend and created the server frontend so i can help you out. you should come to #electrum on Freenode.
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Attending:
* jeremias (kangasbros - django-bitcoin)
* genjix
* yossarian
* Andreas Schildbach (Bitcoin for Android)
* Joerg Platzer (room77)
* Andreas Petersson (bitcoin-austria), alias yellowhat
* Stefan Thomas (WeUseCoins, BitcoinJS)
* Mike Hearn (BitcoinJava)
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OK, compatibility with LTS: https://gitorious.org/libbitcoin/libbitcoin/blobs/master/INSTALLSee the section labelled 'Ubuntu Instructions'. You will need the following line to install the dependencies: sudo apt-get install build-essential autoconf libtool libboost1.48-all-dev libdb++-dev libprotobuf-dev pkg-config libcurl4-openssl-dev Then simply run the autoreconf -i && configure && make && sudo make install step(s) |
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I have nothing against religion. It's just depressing when people get focused on the fine details and differences between peoples, instead of looking at the bigger picture and thinking how we can make things better for all. Details that cause killing between one group of brown people that pray to a wall and another group of brown people to pray to a black rock - both the same people. Well Carl Sagan says it better than I do, and this video often tears me up: http://www.youtube.com/watch?v=2pfwY2TNehw |
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Why is religion everywhere? I've had a hard long day and I come here to geek out over science, nerdy stuff and bitcoin and there is a bloody raging religion conversation in every single place. I want some peace. Blaa blaa God metaphysics - no one cares.
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tcatm
sirius
amiller
copumpkin
theymos
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I am supposed to only give out the status for emails. Accounts are in 3 states:
- Fake. This is a minority of accounts so far we are certain are impostors.
- Accurate. At my last count, this was around 1 in 20 (5%). Only a portion of these has been paid so far. Still working through paying these people back (I don't have access to funds personally. It works like Donald gets a portion and does them in chunks at a time with proper authorisation from Tihan and Patrick).
- Queued. Majority of claims are in the queue waiting to be examined. Around half (a guess) of claims I believed were accurate, and various fakes got pushed back into the "lets examine then later category". Most simply haven't been looked at yet.
The idea is to sort out claims with the highest certainty (this means quicker payouts), then as you work down, you reconcile them with other payments. I know people here are congratulating me, but I've actually been a hindrance for the claims process. Several times, I caused some mix-ups and confusion so Donald hands me batches/tasks to complete at a time.
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