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Author Topic: [BitFunder] Moving Forward/Resolution Process  (Read 291885 times)
gog1
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November 27, 2013, 02:47:33 PM
 #61

this sounds so much like mtgox.
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VinceSamios
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November 27, 2013, 04:21:52 PM
 #62

this sounds so much like mtgox.

No it doesn't... mtgox has bank troubles, BTC can be transferred anytime.

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ffssixtynine
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November 27, 2013, 04:36:19 PM
 #63

I'm still optimistic and assume I'll get 100% back. and even if it's 50% at the end I must be thankfull as I would have converted all my BTC at 300$ latest. Let's be patient give them a bit air to breath and meanwhile watch the rocket breaking 1000$.

It is making it rather harder to enjoy Sad
dnaleor
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November 27, 2013, 05:19:11 PM
 #64

is there an ETA?
ffssixtynine
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November 27, 2013, 05:44:30 PM
 #65

is there an ETA?

In the OP:

Quote
To this end, we would like to ask that everyone continues to be patient while the final preparations are put in place that will allow for users to enable recovery of their funds, the holidays in the United States are not helping with this specific matter in the slightest.

Much of the US is on holiday so sounds like that rules out this week.
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November 27, 2013, 06:28:18 PM
 #66

I think this is somehow positive but REALLY why is there no warnings in the Weex website? again, it takes 5 minutes to sort this one out.
Unless of course, getting more money in is part of the solution.
sangaman
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November 27, 2013, 06:39:50 PM
 #67

I think this is somehow positive but REALLY why is there no warnings in the Weex website? again, it takes 5 minutes to sort this one out.
Unless of course, getting more money in is part of the solution.


Seems like they should do this at an absolute minimum. Seriously, it would take minutes to just disable deposits or put up a message. Accepting deposits without any warnings or disclaimers given the current state of things is criminal.
WeexUser
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November 27, 2013, 07:24:03 PM
 #68

I think this is somehow positive but REALLY why is there no warnings in the Weex website? again, it takes 5 minutes to sort this one out.
Unless of course, getting more money in is part of the solution.


Seems like they should do this at an absolute minimum. Seriously, it would take minutes to just disable deposits or put up a message. Accepting deposits without any warnings or disclaimers given the current state of things is criminal.


People.. Roll Eyes If you actually checked the "Add funds"-page you would see this message:
Quote
Direct BTC Transfer

NOTE: At this time we ask that no users deposit additional bitcoins to the current WeExchange wallet.
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November 27, 2013, 07:27:08 PM
 #69

I think this is somehow positive but REALLY why is there no warnings in the Weex website? again, it takes 5 minutes to sort this one out.
Unless of course, getting more money in is part of the solution.


Seems like they should do this at an absolute minimum. Seriously, it would take minutes to just disable deposits or put up a message. Accepting deposits without any warnings or disclaimers given the current state of things is criminal.


People.. Roll Eyes If you actually checked the "Add funds"-page you would see this message:
Quote
Direct BTC Transfer

NOTE: At this time we ask that no users deposit additional bitcoins to the current WeExchange wallet.

Hurray he actually did it, now just one million years left for us to get our money back!

Will take me a while to climb up again, But where is a will, there is a way...
gog1
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November 27, 2013, 08:36:04 PM
 #70

this sounds so much like mtgox.

No it doesn't... mtgox has bank troubles, BTC can be transferred anytime.

I'm referring to the aspect that they can't even talk about what's going on.
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November 27, 2013, 08:52:28 PM
 #71


People.. Roll Eyes If you actually checked the "Add funds"-page you would see this message:
Quote
Direct BTC Transfer

NOTE: At this time we ask that no users deposit additional bitcoins to the current WeExchange wallet.

Thanks! Now I´m happier, baby steps... but hey!
jimmydorry
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November 28, 2013, 02:59:17 AM
 #72

It looks like Ukyo is less likely to pay by the day.
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November 28, 2013, 07:16:29 AM
 #73

It looks like Ukyo is less likely to pay by the day.

How are you coming to that conclusion? Additional people and resources are being devoted to ensuring people get their funds back. You can bash Ukyo all you want, but I don't think you can say it's become less likely that funds will be repaid.
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November 28, 2013, 01:11:58 PM
 #74

It looks like Ukyo is less likely to pay by the day.

How are you coming to that conclusion? Additional people and resources are being devoted to ensuring people get their funds back. You can bash Ukyo all you want, but I don't think you can say it's become less likely that funds will be repaid.

+1
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November 28, 2013, 05:47:14 PM
 #75

I think this is likely what is happening:

1-Ukyo gambled all the funds on failed stocks, has nothing

2-NeoBee gave him a ton of IPVO shares in exchange for WeExchange ownership.

3-The hope is that NeoBee brings out news that will boost the share price, so Ukyo can sell the shares and pay everyone back. This could also be the cause of the massive NeoBee sell-off we've seen in the last 24 hours.
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November 28, 2013, 05:52:30 PM
 #76

Think it's pretty obvious what's happening here. Neo&Bee was looking to setup their own security exchange. They've said so a number of times, that it was part of their future plans.

They now found a way to secure that exchange and infrastructure for a bargain price most likely.


Too bad they did it at the expense of shareholders. Ukyo has crashed the NB share price.
ffssixtynine
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November 28, 2013, 06:16:04 PM
 #77

1-Ukyo gambled all the funds on failed stocks

As posted on another thread, to my knowledge this is not the case.

I don't know precisely how Neo will be helping Ukyo but I certainly can't see it being based on selling stock today on Havelock. I think that'd be possible to spot and would make no sense; there's also virtually no liquidity.

Neo's price is hurting because of the Bitcoin price. Neo's actual operation is going great guns but dividends aren't payable for quite some time.
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November 28, 2013, 07:47:02 PM
 #78

Think it's pretty obvious what's happening here. Neo&Bee was looking to setup their own security exchange. They've said so a number of times, that it was part of their future plans.

They now found a way to secure that exchange and infrastructure for a bargain price most likely.


Too bad they did it at the expense of shareholders. Ukyo has crashed the NB share price.

Havelock, the exchange on which N&B is being traded, has failed to sell out its own IPO.
Instead of refunding the coin, trading was opened & the stock tanked.
Lack of confidence in the exchange is a more likely reason for the price drop in N&B shares.
Stuartuk
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November 28, 2013, 09:36:12 PM
 #79

Lack of confidence in the exchange is a more likely reason for the price drop in N&B shares.

Yeah yeah, as if anybody would be atall concerned about the exposure getting involved with Ukyo creates. Yeah you are right, no one will be botherd. Huh

Get real you fool. Now it's you who are under-estimating (the N&B) shareholders intelligence. Do you often contradict yourself from one thread to the other to suit your own ends? Looks like it.
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November 28, 2013, 10:58:40 PM
 #80

Lack of confidence in the exchange is a more likely reason for the price drop in N&B shares.

Yeah yeah, as if anybody would be atall concerned about the exposure getting involved with Ukyo creates. Yeah you are right, no one will be botherd. Huh

Get real you fool. Now it's you who are under-estimating (the N&B) shareholders intelligence. Do you often contradict yourself from one thread to the other to suit your own ends? Looks like it.

Relax.
I posited that a flaky exchange is more likely to undermine investor confidence than a questionable business decision by the issuer of an asset.  The latter will devalue your shares, but if an exchange proves to be fraudulent or gets "hacked," your money's simply gone. 
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