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1881  Economy / Scam Accusations / Re: BTC-E.COM Is it a scam and who are they? on: January 09, 2014, 03:57:19 AM
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.  
1882  Alternate cryptocurrencies / Announcements (Altcoins) / Re: [ANN] official NovaCoin thread - the original PoS+scrypt coin. --POOL LIST-- on: January 09, 2014, 12:17:32 AM
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.
1883  Bitcoin / Hardware / Re: HashFast announces specs for new ASIC: 400GH/s on: January 09, 2014, 12:13:23 AM
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.
1884  Economy / Securities / Re: [BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC on: January 08, 2014, 11:22:47 PM
Nothing wrong with posting facts. So let's clear some things up. Smiley

1. Correct
2. The site allowed deposits for 2+ years. Notice that all funds would not be available for withdraw went up within a few days of the situation becoming what it is now.

.....



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.
1885  Economy / Speculation / Re: Bitcoin will start to fall once global resources fall short on: January 08, 2014, 06:52:42 AM
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.
1886  Economy / Speculation / Re: I bought all my bitcoin over $1,000 on: January 07, 2014, 11:43:52 PM
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.
1887  Economy / Scam Accusations / Re: The 94% Con by Jon Montroll on: January 07, 2014, 01:38:25 AM
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.
1888  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 07, 2014, 01:27:40 AM
^^ 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.
1889  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 07, 2014, 01:23:21 AM
My bet is Ukyo actually got scammed himself and is getting help to try and get the coins back.
But that most likely won't happen.

Thats what i would bet on too. But does ukyo really think the thieve would give it back? In fact he would prevent us from going after him and would help him vanishing.

But if thats true i would be even more angry since that means my deposit was part of the 6% payout that was spread out to all others. The payouts with "technical problems" would have been slow because ukyo had to wait for new coins coming in from deposits to pay out to other users. And i only deposited so that all users can get a small share back.

This situation is ... (i cant express)

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.  
1890  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 07, 2014, 01:13:59 AM
My bet is Ukyo actually got scammed himself and is getting help to try and get the coins back.
But that most likely won't happen.

Thats what i would bet on too. But does ukyo really think the thieve would give it back? In fact he would prevent us from going after him and would help him vanishing.

But if thats true i would be even more angry since that means my deposit was part of the 6% payout that was spread out to all others. The payouts with "technical problems" would have been slow because ukyo had to wait for new coins coming in from deposits to pay out to other users. And i only deposited so that all users can get a small share back.

This situation is ... (i cant express)

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.
1891  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 06, 2014, 10:14:07 PM
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.

1892  Economy / Securities / Re: [BitFunder] Moving Forward/Resolution Process on: January 06, 2014, 10:11:27 PM
Could anybody help me, how I can withdrawal btc from weexchange? I can't see any option on weexclaims.weexchange.

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.
1893  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.
1894  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
1895  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.
1896  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?

1897  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.
1898  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.  
1899  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.
1900  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?
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