[BitFunder] Asset Exchange Marketplace + Rewritable Options Trading

[superbit]

What was the point of asking users to become verified then??  I finally got around to submitting my documents today, please ignore the files uploaded and have them destroyed.

Thank-you

[crumbs]

[chriswilmer]

Did we ever get a clear explanation as to why BTCT.CO closed down?

[limbaugh]

It appears to bring you joy to see this sector fail. Where will you troll when it's gone?

[ishkur]

Well I am happy that I only own direct AM shares and ACTM shares (direct sorta)

[bigdude]

What was the point of asking users to become verified then??  I finally got around to submitting my documents today, please ignore the files uploaded and have them destroyed.

Thank-you

+1000

Why bother with the whole verification process?

I hope for the sake of ALL people who got verified, that you allow them to become 'unverified' and destroy all their documents.

Or ... perhaps a conspiracy theory ... perhaps you knew you were going to close, and this was your chance to get a crap load of real peoples identifications so that you can profit from the data  

[crumbs]

It appears to bring you joy to see this sector fail. Where will you troll when it's gone?

I have warned you dozens of times, using logic, reason, and wasting thousands of keystrokes -- you chose to ignore the warnings.
Perhaps this modified aversion therapy will make some sort of an imprint.
It worked on Pavlov's dogs, though those were smart & eager to learn.
We'll see how things hash out here.

[aquarius]

I sure hope you do a 'Lavabit.com' and erase all the data from your servers and not let the degenerate Government bureaucrats get their disgusting fingers on it!

[PurpleTentacle]

I really hope you'll give us the option to close our Weex accounts.

[sebastienurbain]

Why does it say that I'm verified on Weexchange but I'm not on Bitfunder? Wtf I can't even trade. I'm not US citizen...

[bigdude]

Important Notice (November 4, 2013)
 
* As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.

Thank You,
Ukyo

Ukyo,

Since BF is closing, can you turn ON trading for EVERYONE until November 14 !!

There is simply no point preventing people from the US and those not verified from trading when you are closing anyway.

Just turn all trading back on, and finish it all on Nov 14 as you mentioned.

[fran2k]

So, the rumors were true:

Important Notice (November 4, 2013)

Please be advised that BitFunder is ceasing operations. In connection with BitFunder's shut-down, please note the following points, which supplement the points outlined in BitFunder's October 8, and October 11, 2013 notices:

As of November 14, 2013, no BitFunder user will be able to enter into any new positions or sell positions on the BitFunder website.

BitFunder users are encouraged to transfer their shares from the BitFunder site to the respective issuer(s) no later than December 1, 2013.

As of December 2, BitFunder will initiate a transfer from the BitFunder site to the respective issuer(s) of any remaining shares held by BitFunder users, and will provide the issuer(s) with the public bitcoin address associated with the user account. After transfer, each user will need to work with the issuer(s) with respect to the future treatment of the shares.

On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts.

As of the date of this notice, BitFunder is not assessing any new fees against any BitFunder user.

Notwithstanding the shut-down, the site will remain available for viewing and users will be able to request records from BitFunder until at least December 15, 2013.

BitFunder appreciates your understanding in these matters.

[donut]

Ukyo, you need to clarify what happens with Ukyo.Loan.

Shares have a face value of 0.01 BTC.

You can request refund of loan at face value anytime.

I requested a refund about 1.5 months ago and heard NOTHING in return.

Where's my money, Lebowski?

[digit]

Has this been the plan all along?

I was halfway to getting the documents i needed for verification, guess i wont need to now.  this is terrible treatment of your users.  well at least i hav a valid passport again :\

[Ukyo]

No, the intention was to operate the site with verified users only.
The decision to shut down completely is very recent.

As I said, I will post more details a bit later.
Right now I am trying to spend time fixing other things.

-Ukyo

[digit]

No, the intention was to operate the site with verified users only.
The decision to shut down completely is very recent.

As I said, I will post more details a bit later.
Right now I am trying to spend time fixing other things.

-Ukyo

so what happened?  even with verified users it still not legal enough for the US of A?

[bigdude]

No, the intention was to operate the site with verified users only.
The decision to shut down completely is very recent.

As I said, I will post more details a bit later.
Right now I am trying to spend time fixing other things.

-Ukyo

Ok,

Since BF is closing, can you turn ON trading for EVERYONE until November 14 !!

There is simply no point preventing people from the US and those not verified from trading when you are closing anyway.

Just turn all trading back on, and finish it all on Nov 14 as you mentioned.

[ffssixtynine]

Ok,

Since BF is closing, can you turn ON trading for EVERYONE until November 14 !!

There is simply no point preventing people from the US and those not verified from trading when you are closing anyway.

Just turn all trading back on, and finish it all on Nov 14 as you mentioned.

There are almost certainly rather serious legal reasons why he cannot do that and why this has happened in the first place.

Edit: From IRC is sounds more like he's had enough/can't afford to continue because of legal costs.

[pedrog]

Well, screw you guys, going watch the Homeland episode!

[sparky999]

What is going to happen to the asicminer-PT? will you still continue to pay out dividends or will we be converted to direct shares?