You are missing the point though.. What they are doing is not a "solution" .. just are just opening a new business that has nothing to do with whatever happened at bitmarket.eu .. They just happen to employ the person that scammed everyone, and that person can use that salary to pay people back. No difference really that Maver getting a job a macdonalds to pay everyone, is there?

The original idea was the the were going to re-open the business, and use profits to pay back btc owed. That's not what they're doing.. As they stated, the new entity has nothing to do what whatever happened with any other website or scam, that's it.

That's just the reality. I'm not being pessimistic. I was hoping I was going to see something back from what I'm owed, which is not much, thankfully. But they already said that now they want nothing to do with it. So that's it.

Not complaining.. just stating the reality.

I hope someone in Europe takes some of his precious time and take this to court. The fact that this whole scam, the new website, involvement of maver et all is all written here in plain English must give a good lawyer that lives on challenges a game to play, to ensure all these new "owners" are liable.

Think about it, if a business fail, owes money to a lot of people, then a group of people, including the person responsible for losing the money, gets together to open "the same business" under a different name, (generalising, of course, but a bitcoin trade website is a bitcoin trade website), then there is a lot of leeway for connections and liability. Will set a nice new case law.

I know and read everything that has been written here, but you guys "investing" are just plain stupid getting involved on ANYTHING remotely related to bitmarket.eu . Just the fact that you guys discussed it here and found your "solutions" in here already links your business. Gosh you must have no brains. You already lost your money, you're just putting yourself out there to lose more!

OR, maver is really smart..... I'm sure the guy that hacked bitmarket.eu last has saliva dripping seeing all this new $$$$$ coming up..

Good luck..

This is such bull crap, excuse my French. Basically you guys were here "finding a solution", and your solution is to create a new website that there's nothing to do with the old, so you have nothing to do with the money owed. As I understand the profits you guys make are not going to be used to pay the old debt.

This is not a "solution", you're just opening a new website that deals bitcoins and that's it. Oh, hang on, you employ some nerd from Poland.. that happens to owe people bit coins from a scam he ran on the internet.. or as it was already said, "technically he doesn't own anything to anyone"..

As I thought, this whole thing was just a waste of time, of my time, reading this s***.

I was going to post something about the above lawyer fees comments.... I better not.

I/we understand you're upset. Join the boat my friend. We're all here ho....... you know what? Perhaps I shouldn't post this either.

Good luck, but please read back around 20 to 30 pages, in date order.. If you couldn't find that address from the 620 stolen coins I can pretty much assume that you hardly read anything at all. At most you skimmed through it, like your lawyer will do when he charges you EUR200-300 p/hour to "read" 2 pages of your problem, and that are other thousands(?) of people with the same one.
 

I hope the new "owners" are getting a very VERY expensive, professional and ruthless lawyer(s) to draw up the contract that says that, whenever they take over the website, that they are free from all the shenanigans over the stolen, lost and hacked coins. Because I am p-r-e-t-t-y sure that there are a lot of people just waiting for confirmation that all contracts are signed with the new owners, so that they can press charges, sue and get their money back, because obviously they won't get anything from maver.

And since the new owners are residents in better judicial system countries such as Germany, Finland, and others, it would be much easier for anyone to sue.

I read in an earlier post that that people would have a hard time to prove in court that bitcoins are "money" and they have value and should be compensated for the stolen coins. You can treat bitcoins as any other "good" in an economics sense. Example: Some people trade Teddy Bears, and some of them are worth $500k. A "good" is a "good" .. And since people trade on it, it could be toilet paper as far as the courts are concerned, if there was proof of such value. And with all these sites and exchanges, that would be no problem. Now suing over a "good" is one thing, suing over "money" is at a total different level. That will be courts only challenge.

So, new investors, ESPECIALLY the ones that are oblivious about the questionnaire, and opted to "invest" in this.. You better prepare, and seek legal advice.. because if even 1 person sue, the courts can come after your money too.. all the lawyers need to do if find out who has the most in the bank and concentrate on them.

Oh btw, you willingly invested in a business proven to be a ponzi scheme. One can argue.. what were your true intentions..?? Perhaps you saw an opportunity to do the same and get away with it, just like maver did.. I mean, that's quick money, right? And no one is liable? That won't stick.

I'm all for the site re-opening.. but boy, 18,000BTC is serious.. I'm not hating.. I just don't think a lot of these people fully understand what it means "investing in a business" or being part of one, and liable.

Good luck yall.

 

@mralbi - You are very good in explaining everything, in a really easy and calm manner. I didn't have a lot of coins in that site, and at that time I was only starting the get involved with BTC so I'm glad all this happened when it did.. but I'm glad/happy that you are behind this attempt to come up with a solution etc (either is "forced" as you lost a lot of coins or not).

I have accepted already that I won't get my coins back, so getting anything at all will be a bonus.

I also think that going to liquidation is (for lack of a nicer word) stupid. The guy obviously made a mistake. He tried to fix it, and because of that it became a ponzi scheme. He came here and admitted to all, and is trying and keep trying to find solutions to fix it. He's made a mistake.. let him try to fix it.. specially now that he has many more excellent brains behind him. Also if he goes to liquidation, what are we/you going to get? Who's going to pay for your lawyer, in Poland!

I don't know.. I believe in second chances, because I had one and it completely changed my life. I'm sure this will/is making him grow, and better things will happen for him and everyone involved.

Good luck everyone. Keep us updated. I don't post a lot but I check this several times a day to keep in the loop.

I agree.. Bitcoin is something very interesting, specially if you're interested in Finance and Economics. Yes, you can use it for illegal purposes, but so can any other currency. What one does with it's money it's their own problem, not the courts or anyone else's..

And I'm sorry, but it was pretty stupid for him to run the site at a "donate" here type of funding. Perhaps one should do that if the site is new and trying to break into the market. He was already stablished, so fee should be compulsory. What is 0.5% of your transaction to you? Hardly nothing, right? But for his business.. it his bottom line.

Now it makes perfect sense. Thanks DoubleV

Can someone explain this in somewhat plain eng"r"ish? lol thanks guys

Dude.. do you mean you have 101,975 bitcoins, as being over a hundred thousand, AUD2.6m?? Or 101.975 as one hundred coins.. I sort of lost my breath a little there..

@manfred: very good post.. can't wait to hear the answer to that..

In other news.. have any of you noticed that M4v3R has been quite absent this past few days.. there were a lot of questions/accusations/requests/ideas this past few days, and he hasn't comment on any of it..

I understand that all of it didn't go in one transaction.. because he has confessed that he was gambling with the coins.. my question is: each coin would have to have gone out from "a" wallet/address.. what is the address of that wallet so we can see the coins going out? It doesn't matter that it was 2 billion transactions.. blockchain should have the record of the money coming off his "pocket"..

Do you know what I mean?

A lot of people post their bitcoins addresses up there for everyone to see.. and it's also all there for everyone to see.. I'm just asking: what is the address so we could see the coins going out?

Hope that makes sense...

Can someone tell me if my thoughts are correct?

Here it goes: If he says that he traded all our BTCs at Bitcoinica, then the BTC address that the outgoing 18,000 BTCs would have gone out from would be the same, right? Or at least there will be very few, right?

For example: I had 34BTC on my address at bitmarket. He would had transferred that to his BTC account, then traded it out.. even if he used few different "wallets" or whatever..

IF this is correct.. then how come he won't give us the address, so we can check on blockchain all the BTC going out..?

Further to that.. because once he lost all the money it then became a ponzi scheme, where he would have to get new BTC coming in to give to people that withdrew their coins, would still have gone through the same address or a new address that he used for the ponzi part?

(if it doesn't make sense, just read it again slowly..)

Just trying to figure it out..

Hey mralbi yeah I got a little carried away.. but I've been reading this for months now.. and I'm tired of the negativity, and the constant trashing of it. All the negative sh*t that the webmaster should have taken, I'm sure he did, and it's enough. People that have all these negative feelings towards him, and they have reason to be, because they were robbed, just like me, had almost 2 months to air it out. Continuing to trash him and what the new guys are trying to do has absolutely NO gain whatsoever. All they are doing is making sure that his business will fail, and we won't get anything at all..

So that's where I am now.. I'm pissed off at all those that keep trashing and trashing and trashing them. Someone wants to keep at it, them keep it private.. we probably have already heard your opinion before.

The ONLY way anything good can come out of this is with support. Quite frankly I just can't believe that he hasn't told all the critics/haters to flick one and then disappear..

Hopefully something positive comes out of this.

You haters out there are so pessimistic. Here are all those guys trying to get together and make something work, and all you have to say is this verbal diarrhoea..

Have someone f***ed up with your money? YES! Will you ever see ALL of your BTCs again? Probably not. BUT (BUT!!!!!!!!!) they are trying to fix the problem, get something back to you-if not all in the long term, brainstorming best ways, finding investors, developing the site, and so on..

But I know what you'll say: THOSE guys robbed all of us!!!!!!

You know what? They (or he) did.. he screwed up, and he should go to jail for that. Will this help you in any way possible? NO!. But he has balls to come here, admit it, and is working his ass off to fix his mistake. He could have simply disappeared like the guys from previous websites I've been reading on this blog.. but he didn't. He (and now, they) are trying to get things moving and return all the funds they can.

THEY HAVE GIVEN YOU OPTIONS! key word: OPTIONS!!!!! If you take this guy to court, do you think you, or anyone else would get even a PENNY back? This guy is not Kim Dot Com with millions stashed away! And please, he's in Eastern Europe! nouf said!

How about we all start acting like adults, help this man (not by giving him money, of course, but by supporting him and his business) so this new business venture can make some money and pay whatever they can back? When they start getting marketing revenue I'm sure their bottom line will start increasing, and more payments would be done.

I know the amount owed is astronomical, specially with BTCs at current prices, but these guys are trying. So how about we jump on board, and promote his business, instead of killing it and loosing all the BTCs we could have gotten back. Probably not a lot of people that read this regularly would go back (although some did, as I've read), but there are MILLIONS of people getting introduced to bitcoins every day, just as I was a few months back.

Think it this way: the corner shop screwed up by (i don't know) selling bad stuff. The guy came clean and he owes you money. Wouldn't you want his business to do well so you could get your money back? As they said on ESPN: COM'ON MAN!!!!!!

I'm tired of reading this non-sense. WE (me included, as I have BTC34.1 frozen) should support this, by whatever option works best for you, so this business can hopefully grow and we can all get over this mess. FOR THE SAKE OF BITCOIN!

Now go and eat a taco! you must be hungry!


first edit: I chose to get the 30%, and they can keep the rest. Help them out. My option is to get a little back.. I'm happy with that.

You can post only on the newbie section..

Look at this post if you're interested..

https://bitcointalk.org/index.php?topic=5441.msg1413156#msg1413156

Bitmarket.eu is finally open again (as per the webmaster). Apparently people can deposit BTC, trade and withdraw them, but people that had funds previously will have to wait until they have enough funds to pay back.. (as I understand..)

Hi everyone. I'm here with the same problem as I see everyone else is having. I created an Bitmarked.eu account a couple of weeks ago. I transferred 34.1 BTC into that account. I then tried to withdraw my BTCs.. It's been 5 days now, and my BTCs have been frozen all that time. I've read through the forum that a transfer should be instant.. well, unfortunately this doesn't seem correct. All I
m doing is transferring from my bitmarket account to another account I have.

How can I get this through? I've e-mailed admin, and followed up 4 days later, no reply. I've been to the getsatisfaction link too and no reply either.

Here's a screenshot:

Account history
Time and date    Amount    Type    Confirmed
07.12.2012, 7:09:29    -34.1 BTC    Out    No (0)
07.12.2012, 6:01:01    34.1 BTC    In    Yes


Thanks for any support.