Problems with bitcoin-24.com WARNING! UPDATE!

[donjoe]

simon closes btc24
[...]
while the price is falling
[...]
open btc24 again with all funds -> no harm to the users

Excuse me? I consider it very real harm that the exchange has been closed during 2-3 major price drops because I couldn't use my money to trade back and forth and benefit from those drops. It's not "no harm to the users" at all.

[1714007431]

1714007431

[1714007431]

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[1714007431]

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[1714007431]

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[huntman]

simon closes btc24
[...]
while the price is falling
[...]
open btc24 again with all funds -> no harm to the users

Ecuse me? I consider it very real harm that the exchange has been closed during 2-3 major price drops because I couldn't use my money to trade back and forth and benefit from those drops. It's not "no harm to the users" at all.

I am just about to throw up.

Did you all know he might have broken another law? How did he make sure that no minors were doing  business on his site?
Damn.

[andy-bc]

IBAN: PL1810901115000000012021902PL

This IBAN number seems to be incorrect.

[EdsWow1]

he should sell his story ... to hollywood.

could be really good comedy (and/or tragedy).

remembers me on laurel & hardy. but too bad, theres no hardy.

titel: "stan and the polish lawyer"

too bad, that stan is gone. but jerry lewis is still alive.

big show.


Btw ... why the hell has he already to ask the lawyer, what he is allowed to tell..... *US* ??

[donjoe]

I am just about to throw up.

Really? Well get a bag 'cos I've got more good stuff for you: denying someone access to or the use of something that belongs to them is the very definition of theft. That's why theft was considered a bad thing all this time: it leaves you unable to benefit from something you had the right to benefit from. (You can thank me for this little lesson later, after you're done with your misplaced sarcasm routine.)

[Cheshyr]

Glad I cashed out of that site fairly early.  Strange they're having so many problems though.  I guess there's a minimum level of professionalism required to operate an exchange; who'd have thought?

[Butterkeks]

IBAN: PL1810901115000000012021902PL

This IBAN number seems to be incorrect.

You're right... and I'm seriously confused now. I used "Sofortüberweisung" and that's were it sent the money, which has also been debited from my account. I'll try to figure this out.

German bank account (through Giropay):
SIMON H.
Bank account no: 0322935800
Bankleitzahl: 29040090
Bank: Commerzbank Bremen

[TCollar]

Excuse me? I consider it very real harm that the exchange has been closed during 2-3 major price drops because I couldn't use my money to trade back and forth and benefit from those drops. It's not "no harm to the users" at all.

I get it.  It's FUD until you can't make money.

You're avidly attaching yourself to every little piece of seemingly bad news and insisting on blowing a trumpet about it every time, calling Simon names and making smart-ass comments with not a single constructive word in them, so yes, you're still a FUDder to me.

I'm starting to think TCollar is better ignored for now because he likes to spread FUD about this situation a little bit too much. Rational people know it's better to just wait and see what happens during the next work week rather than sling mud at Simon on this topic.

[Amitabh S]

We expect a withdrawl page today. If not, well lets see what happens.

[2weiX]

We expect a withdrawl page today. If not, well lets see what happens.

for BTC or EUR?

[alexh]

As far as i know no bitcoins or money were lost.

[NeddeN]

Here's a summary of the Q&A game (community vs TAiS):

http://www.reddit.com/r/Bitcoin/comments/1cf6jy/update_bitcoin24_users_will_most_likely_be_able/c9g7iik


Further updates are given here:

http://kuttler.eu/post/what-happened-bitcoin24/


Edit: Personally, I would like to see such information on bitcoin-24. Great thanks to the users that invest their time in providing this information :-)

[fbameriel]

ty

[Amitabh S]

We expect a withdrawl page today. If not, well lets see what happens.

for BTC or EUR?

For BTC.

[c0rw1n]

We expect a withdrawl page today. If not, well lets see what happens.

for BTC or EUR?

For BTC.

The site owner said that it could be for all except EUR if it goes up.

Also, but that's mincing words, he technically said that on the 16th, so it's still on time if if goes up in the next 26h.

[donjoe]

I get it.  It's FUD until you can't make money.

There you go with that crappy "I'm so much smarter" attitude again.
No, the point was your posts were FUD as long as they walked like FUD and they quacked like FUD, end of story.

[Moebius327]

Correct IBAN for the Polish bank:

PL18 1090 1115 0000 0001 2021 9027

[TCollar]

I get it.  It's FUD until you can't make money.

There you go with that crappy "I'm so much smarter" attitude again.
No, the point was your posts were FUD as long as they walked like FUD and they quacked like FUD, end of story.

As far as bitcoin goes I am smarter simply because I did not invest in the scheme of a tow-headed pratt.  That part is obvious and I was not trying to be subtle about my intelligence in this matter at all.

I am dumber because I invested money in GPU mining but smarter because I am still getting results compared to those who invested in BFL ever delivering anything. (but the net balance is still on the side of dumb).

But, I still maintain that critiquing shoddy practices when they fail and when they have not is not FUD,  FUD implies irrational doubt, and no one who is into bitcoin is spreading irrational doubt about them. We should spread doubt about the bad practices we see, including those by mtgox.com but so many people in this community tend to blame the doubter for causing what they predict than blaming the shoddy standards of those who handle trading.

[scatha]

Excuse me? I consider it very real harm that the exchange has been closed during 2-3 major price drops because I couldn't use my money to trade back and forth and benefit from those drops. It's not "no harm to the users" at all.

I get your point, on the other hand you might have lost because of wrong assessment of the market.

[donjoe]

I get your point, on the other hand you might have lost because of wrong assessment of the market.

That too, but at least I kept a decent correlation between how much money I was putting in and how much effort I had spent investigating their handler's trustworthiness.