[BitFunder] BTCINVEST - Low risk investment fund | Market cap: 2000+ BTC

[🏰 TradeFortress 🏰]

1. Find your address here (it's your public bitfunder address)

https://bitcointalk.org/index.php?topic=135157.msg3412811#msg3412811

2. Sign a message with that address including BTCINVEST and your email address.

3. Email the message, signature, and your btc address to btcinvest@glados.cc

[xenonhost]

How can I message from my adress? It is a coinbase adress? Anyone have a howto?

[OgNasty]

How can I message from my adress? It is a coinbase adress? Anyone have a howto?

There's a guide on how to sign an address on my thread here:
https://bitcointalk.org/index.php?topic=273629.msg2933233#msg2933233

Just scroll down to the PAYMENT INSTRUCTIONS towards the bottom of the post.

[discobean]

1. Find your address here (it's your public bitfunder address)

https://bitcointalk.org/index.php?topic=135157.msg3412811#msg3412811

2. Sign a message with that address including BTCINVEST and your email address.

3. Email the message, signature, and your btc address to btcinvest@glados.cc

I've done this, can you reply to the email.

[hekiman]

Waiting for transaction being processed from coin lenders to inputs.io for two days. Still no Bitcoins transferred.

[TsuyokuNaritai]

Waiting for transaction being processed from coin lenders to inputs.io for two days. Still no Bitcoins transferred.

This is the case for other Coinlenders users too since inputs.io was hacked. Hopefully there'll be an update in the Coinlenders thread soon. TradeFortress has promised everyone who has lost money will be fully reimbursed.

[hekiman]

Waiting for transaction being processed from coin lenders to inputs.io for two days. Still no Bitcoins transferred.

This is the case for other Coinlenders users too since inputs.io was hacked. Hopefully there'll be an update in the Coinlenders thread soon. TradeFortress has promised everyone who has lost money will be fully reimbursed.

My bitcoins has never reached inputs.io! On coinlenders i see the debit but on inputs.io there is no transaction! Before i tried a transaction with 0.1BTC which was transferred to inputs.io immediatly. After that i tried to transfer 6+ BTC which are never seen on inputs.io.

[canuck]

So since inputs.io has been compromised and well in excess of $1M USD worth of BTC stolen, what is to be expected in respect to payouts for this security?  Were coinlenders balances compromised as well?  If a payout is coming, can we request a direct payout to a specific address as understandably, we definitely wouldn't want to go through inputs.io

[chriswen]

Tradefotress, I recently emailed you regarding the btcinvest redemption.  Could you please look at it?

[stephwen]

TradeFortress, does the inputs.io hack/closing affect in any way the end of the liquidation?

[TsuyokuNaritai]

Everyone who has lost money will be fully reimbursed.

It looks like TradeFortress has gone back on this for inputs.io users, but even so our bitcoins shouldn't be affected as it was his own decision to put those coins in CoinLenders, and to do so after the hack happened:

If 4100 BTC were stolen, which address were they sent to?

Publish the blockchain info for the stolen coins, otherwise it's safe to assume there were no stolen coins.

Here you go.

http://blockchain.info/tx/9536feebe3a50b94f85ca27d56e669a7209bd4188385d55c5b97227c95cf7f74

The stolen coins are still unspent in https://blockchain.info/address/1EMztWbGCBBrUAHquVeNjWpJKcB8gBzAFx

Transaction date 23rd October, over a week before the first liquidation payout was made to Coinlenders, and 3 days before the liquidation was even announced:

BTCINVEST Claims / Liquidation

First of all, I apologize for the lack of communication in regards to BTCINVEST. I did not wish to make any premature announcements. A decision has been made to appropriately liquidate BTCINVEST's assets and distribute the total to shareholders. The liquidation process will be done through CoinLenders for ease of distribution, as well as verification

Given that, and that it was at TradeFortress's insistence despite protests that it be done through CoinLenders, failure to honor it in full would be so unambiguously indefensible it would act as a "smoking gun" on the whole episode. There would be no two ways about it. No-one could reasonably defend him, and trusted members of the community (apparently Casascius is one) who have his personal details, or the ability to help find him, would be under severe pressure to reveal them to protect their own reputation. I don't think it's likely he'd make this happen.

[stenkross]

There are two ways TF could do this.
1) Let deposits to inputs.io take the full loss and BTCINVEST/Coinlenders depositors get a "full refund".
2) All who deposited/invested in any of TF's services get a equal haircut.

From what I hear some Coinlender depositors have gotten a partial refund, so things are not looking good for BTCINVEST investors.

[TsuyokuNaritai]

There are two ways TF could do this.
1) Let deposits to inputs.io take the full loss and BTCINVEST/Coinlenders depositors get a "full refund".
2) All who deposited/invested in any of TF's services get a equal haircut.

From what I hear some Coinlender depositors have gotten a partial refund, so things are not looking good for BTCINVEST investors.

There's no equivalence between BTCINVEST investors and Coinlenders/inputs.io investors. Coinlenders investors at least chose to use the site. BTCINVEST investors didn't decide that the coins should go on Coinlenders. TradeFortress unilaterally made that decision, days after the hack had already happened, and made the transfers starting a week after the hack.

[gotpetum]

There are two ways TF could do this.
1) Let deposits to inputs.io take the full loss and BTCINVEST/Coinlenders depositors get a "full refund".
2) All who deposited/invested in any of TF's services get a equal haircut.

From what I hear some Coinlender depositors have gotten a partial refund, so things are not looking good for BTCINVEST investors.

There's no equivalence between BTCINVEST investors and Coinlenders/inputs.io investors. Coinlenders investors at least chose to use the site. BTCINVEST investors didn't decide that the coins should go on Coinlenders. TradeFortress unilaterally made that decision, days after the hack had already happened, and made the transfers starting a week after the hack.

Right. One possible explanation is that he tried to use the liquidation to keep inputs and CL afloat.

Question for those of you received a liquidation payment: do you have a balance in CL, or do you have a zero balance in CL (from trying to withdraw to inputs)? I'm in the second group.

Thanks!

[stenkross]

There's no equivalence between BTCINVEST investors and Coinlenders/inputs.io investors. Coinlenders investors at least chose to use the site. BTCINVEST investors didn't decide that the coins should go on Coinlenders. TradeFortress unilaterally made that decision, days after the hack had already happened, and made the transfers starting a week after the hack.

I stand corrected, you are right sir!

[Rodyland]

My coinlenders balance is there.  But my confidence is not high.  Without the ability to withdraw from the account into my personal wallet it is little more than a promise. I guess time will tell what that promise is worth.

[moderate]

Calm down people. This is a low risk investment, nothing could ever go wrong. lol

There are so many golden replies here I cannot manage to include them all, but here are some:

Quote from: Viceroy on August 22, 2013, 04:09:01 PM
Ponzi scheme collapsing....  TF kicking in his own money to keep it afloat.

TF why do you think your illegal ponzi scheme should not be regulated to protect your investors?

Because the investors don't want to be protected by people with your world-ruining perspective!

TF, thanks again for managing my money with such skill and integrity.

Quote from: TradeFortress on October 08, 2013, 11:39:42 PM
The most important thing right now is don't panic. We have a number of different options.

Please make sure your public address listed on BitFunder is correct. Depending on which option BTCINVEST takes, it may simplify possible claims processes if you use an Inputs Bitcoin address.

Hmm, people seem to be panicking.  Trade Fortress can you also give me some more info on Coin Lenders CD's?  I don't really understand how you're able to give such high returns with no volatility.  It seems like the CD's are supposed to be guaranteed.

There are other golden ones, specially all those after October 26.

[gotpetum]

That first one is mine! I still don't want regulators involved, although I'm thinking there's a market for a business that audits bitcoin companies.

As for TF's integrity: well, the communication has been bad, the placement of the liquidated funds was bad, and (as far as I'm concerned) he's still indebted to me until I'm payed back. However, I don't think it was an inside job, and I think he'll be emptying his own pockets to partially pay us back.

[bbxx]

i hope TF is still alive

i sent email to claim shares 3 days ago, no response, no money, no shares balance on CL account.

that is sad.

[azaniet]

Signed a message and e-mailed to btcinvest@glados.cc.