[BitFunder] Moving Forward/Resolution Process

[Thumper650]

Why would Danny, the CEO of one of the biggest bitcoin startups, get involved in a scam?

Because he's a scammer as well, I will never trust any of those so called "banks" in the future.

"The beauty of Bitcoin is it doesn't need banks, bankers, or a central authority that we must trust."

So let's let TradeFortress Ukyo Danny be our banker!
Let's give him our coins to make a bank and trust him because what could possibly go wrong?

I'd like to take this opportunity to personally thank everyone who finds my argument sound.

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[WeexUser]

Here is a ~12 hour old log from IRC with some info about the bitcoind issues:

<Ukyo> moof
* nsa_ should not have checked "moof" on urban dictionary..
<nsa_> Have you fixed the 277596 issue?
<nsa_> Or at least figured out why your client doesn't like it
<Ukyo> the issues itself is resolved. been working on reimplenting the newer version of bitcoind without the custom code
<Ukyo> I may have come up with a quick fix to get past the block though. Trying to test it out atm
<nsa_> so you are making a module with the custom code that sends commands to bitcoind right?
<Ukyo> already have that
<Ukyo> the issue was that the version of bitcoind that was being used was custom modified with sql support built in
<Ukyo> so I was reworking things to support the latest version of bitcoind out of the box insteady of relying on custom compiled versions
<Ukyo> in the meantime right now I am testing a workaround solution to possibly speed things up
<nsa_> oh. I thought *you* added the custom code to the client. aha
<Ukyo> yes.
<Ukyo> Added custom code to the bitcoind so it directly stores data with sql
<Ukyo> so we didnt have to 'poll' bitcoind for data previously
<nsa_> so now the SQL part is independent of the bitcoind version? (except of changes in the interfaces ofc)
<Ukyo> yes
<Ukyo> well, will be when these changes are done
<nsa_> Do you know whether the new version might fix the other issue with bitcoind bugging up, taking all ressources, etc?
<Ukyo> not sure yet. have not put it in the same load scenario
<Ukyo> been working on this update on and off since Nov.
<nsa_> any news on the *big* issue btw?
<Ukyo> on the original funds? nada.
<Ukyo> No idea when anything more will come on that :/
<Ukyo> In the meantime, keep working on other options
<nsa_> Are you able to say where the available coins came from btw?
<kanoi> yes but he wont
<Ukyo> Kanoi is correct that this get's into issues where I have to tread very carefully. Those were paid out because I believed it was the right thing to do.
<nsa_> Hurry! Pay out the rest and tell "them" the same story.
<nsa_>
<Ukyo> hehehe, if only it was that easy. :/
<Ukyo> if we get lucky.. this cheap trick will work... and claims can get back going again rather quickly
<kanoi> interesting use of the word quickly
<Ukyo> being tonight
* kanoi looks for the sarcasm smiley ...
<Ukyo> depending on how long this test takes

[N_S]

Why would Danny, the CEO of one of the biggest bitcoin startups, get involved in a scam?

Because he's a scammer as well, I will never trust any of those so called "banks" in the future.

http://www.reactiongifs.com/wp-content/uploads/2013/10/funny.gif.pagespeed.ce.vWo7G8TGr5.gif

[tronsom]

Is there a webpage with updated info on this matter?
If there isn't, Ukyo, can you please come up with a way of updating? I don't have time to read 100 comments every time I come here to find out if there is actual NEWS.
Thx

[WeexUser]

Is there a webpage with updated info on this matter?
If there isn't, Ukyo, can you please come up with a way of updating? I don't have time to read 100 comments every time I come here to find out if there is actual NEWS.
Thx

No, there is no such page. I agree that it would be convenient. The best alternative would be "Ukyo's lastest posts": https://bitcointalk.org/index.php?action=profile;u=35121;sa=showPosts;start=0
But even that might not include some of the information he provides on IRC. (#bitfunder and #weex)

I can summarize what Jon is currently working on:

• He is updating the site's bitcoin client to fix some technical issues that makes it impossible for the weex claim portal to work. (he might actually have completed this task already. Can someone who haven't claimed their coins check that?)
• He is working on the claim portal for users who had Ukyo.Loan shares.
• He is working on "alternative methods" of paying people back what they are owed since he don't know yet whether the original coins will ever become available. He said last week(I think) that he would be able to tell about these "alternative methods" soon, when they have been ironed out.

[jimmothy]

So how about that big news regarding weexchange ukyo said was coming 2 months ago??

[WeexUser]

So how about that big news regarding weexchange ukyo said was coming 2 months ago??

I am curious about that as well. He said it only a week before "shit hit the fan". It could be very well the cause of this issue. Someone should ask him today as he will probably be on IRC today as well.

[falko0815]

is it possible to follow the route of my bitcoins ( I send to weex) when i look at the blockchain?

[matt4054]

is it possible to follow the route of my bitcoins ( I send to weex) when i look at the blockchain?

Yes it is. What you will find is a tree of addresses (outputs) that spans always more branches...

"Is it possible to interpret the data and find out where it's gone?"

Hardly, but you can try

[g83]

is it possible to follow the route of my bitcoins ( I send to weex) when i look at the blockchain?

You can get it if you really want, but you must try... try and try... you'll succed at last :-)

[falko0815]

ok, if it is possible then we have to try. It is the only way to find the truth!

is it possible to follow the route of my bitcoins ( I send to weex) when i look at the blockchain?

Yes it is. What you will find is a tree of addresses (outputs) that spans always more branches...

"Is it possible to interpret the data and find out where it's gone?"

Hardly, but you can try

[cryptoanarchist]

If anyone here can tell me where to find Jon Montroll, like his home address, I have some bitcoin for you.

[ffssixtynine]

Crypto, his address has been published before but you should think twice before doing anything. If you have issues then you should engage a lawyer and not take other illegal or personal action against ukyo or his family.

[WeexUser]

If anyone here can tell me where to find Jon Montroll, like his home address, I have some bitcoin for you.

All that information and more is already public. He seriously isn't anonymous or hiding. May I ask why you need it?

With a bit of looking around you might also figure out why he has that weird avatar

[Thumper650]

Crypto, his address has been published before but you should think twice before doing anything. If you have issues then you should engage a lawyer and not take other illegal or personal action against ukyo or his family.

https://i.imgur.com/g0r8Chv.png

[VolanicEruptor]

Crypto, his address has been published before but you should think twice before doing anything. If you have issues then you should engage a lawyer and not take other illegal or personal action against ukyo or his family.

People can take whatever action they want to take. 

[N_S]

People can take whatever action they want to take. 

I think the distinction is between can and should

[WeexUser]

So how about that big news regarding weexchange ukyo said was coming 2 months ago??

I am curious about that as well. He said it only a week before "shit hit the fan". It could be very well the cause of this issue. Someone should ask him today as he will probably be on IRC today as well.

Any news?

About 10 minutes ago:

<nsa_> Hey Ukyo, some people are currently wondering about something you talked about in November. This is a qoute from November 11: "WeExchange is about to make a rather important and very positive announcement about the immediate future."
<nsa_> Is that related to: the current issue where you have to "tread very carefully", the "alternative methods", or something else?
<Ukyo> no
<Ukyo> not to do with why the btc is not there.
<Ukyo> getting into too much more on that subject starts teh confsion spiral about the incomplete plans
<Ukyo> now that the holidays are over and people are becoming more available, I am hpoing to have the details of the plans solidified soon

[VolanicEruptor]

People can take whatever action they want to take. 

I think the distinction is between can and should

grown-ups telling other grown-ups what they "should" or "shouldn't" do is not going to work too well.. especially since we don't know each other.

[N_S]

People can take whatever action they want to take. 

I think the distinction is between can and should

grown-ups telling other grown-ups what they "should" or "shouldn't" do is not going to work too well.. especially since we don't know each other.

Well, unless you feel most modern ethical thought is basically wrong or misinformed, I think there are pretty compelling arguments to support that value judgments have a place in society.