[BitFunder] Moving Forward/Resolution Process

[pascal257]

Is there any hope for us get back the coins from Ukyo?

Yes.

(Does that help?)

Given Ukyos track record of incompetence, I lost all hope the moment it surfaced the coins weren't accesible anymore.

[1713491392]

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[glendall]

he is a criminal, and so far his BFL-type 'wait and promise while taking money' strategy is working really well.

Except, BFL shipped everyone's miner in the end, are still in business, were at BTC Miami showing off the Monarch and the tiny hardware wallet, etc.

Nice, thanks.

You are correct. Poor comparison. Ukyo is worse than BFL and while BFL was grossly incompetent and dishonest, they were not criminal, like Ukyo.

[SebastianJu]

@SebastianJu:  Wrong thread.
You're thinking of Active Mining, the other honest business that failed.

Right... i mixed that.

[SOSLOVE868]

this thread get less activated than it use be,  is really we going to give up our BTC? I don't think so , guys does anyone know UKYO's true home address please let me know.. Thank u !

[dnaleor]

I really hope I get my BTC ("only" 400 mBTC) back before BTC jumps to 10000 USD.

I was just "meh" when BTC was 100 USD
I was pissed at 1000 USD  
I do not want to imagine the situation when BTC hits 10000 USD  

[Regenmacher]

November 27, 2013, 06:17:30 AM

(...) I will be providing the answer in full, however right now it is impossible for what I would describe as legal reasons, but the answers are coming, that I promise, but cannot give an exact time as to when this information can be made public. (...)

I know both myself and Jon would like to be able to post everything out in the open to give a full explanation about everything that has brought everyone into this position (...).

1. when will you be providing any answer?
2. what is it what you would describe as legal reasons?
3. how do you know Jon would like to be able to post everything out in the open? 

[Chris_Sabian]

I really hope I get my BTC ("only" 400 mBTC) back before BTC jumps to 10000 USD.

I was just "meh" when BTC was 100 USD
I was pissed at 1000 USD  
I do not want to imagine the situation when BTC hits 10000 USD  

I'm in the same situation (but a little bit more).


I really hope there is an update at some point.

*EDIT*  
The fact that Danny is involved but hasn't updating anything recently is troubling.  Even if it is a 'We are still working on it and have tried A, B, and C'.  As an investor in NEO, this is not painting Danny is good light.  

[101111]

The fact that Danny is involved but hasn't updating anything recently is troubling.  Even if it is a 'We are still working on it and have tried A, B, and C'.  As an investor in NEO, this is not painting Danny is good light.  

It's not painting Neo or Bee in a good light either.

I'm more disgusted at the contempt shown by ukyo by not posting updates; what would it take, a minute or two from his precious schedule? Even if it's to say "for legal reasons I still can't say anything".

[stereotype]

Would be great if Danny Brewster of NEOBEE could actually achieve something here, given the raised expectation his initial 'involvement' gave. But it seems Danny was just going to lend money out to Ukyo, that Ukyo doesnt seem to have followed up.
 
Me thinks Danny/NEOBEE made a wrong judgement call, and regrets getting involved with an incompetent, who convinces himself and thinks he his convincing us, that he is 'hectic' and 'busy' trying to sort this bullshit out.

Someone mentioned earlier that 'progress' is being made. Wheres the evidence?

Come on Jon/Ukyo, just one slither of real evidential progress??

  

[stereotype]

The fact that Danny is involved but hasn't updating anything recently is troubling.  Even if it is a 'We are still working on it and have tried A, B, and C'.  As an investor in NEO, this is not painting Danny is good light.  

It's not painting Neo or Bee in a good light either.

I'm more disgusted at the contempt shown by ukyo by not posting updates; what would it take, a minute or two from his precious schedule? Even if it's to say "for legal reasons I still can't say anything".

He can say it, but its not going to go down very well. No more fantasy excuses.
Show us the money now, or officially default, seems to be the only options left.

[glendall]

Thought game here: what possible scenario could we have for Ukyo :

a) taking deposits from users knowing he was not able to pay them back for over a month and half.

b) what technical problem could he possibly be working on for 2.5 months that was render all of funds unavailable.  And what technical problem could be 'solved' leading to the recovery of our deposits. Really.

c) taking out a big loan when this started for unstated reasons that he defaulted on.

d) what possible 'legal reasons' could he have for not being able to explain the situation. I can not think of a single situation either. (What, do you think he has a secret gag order from the CIA or something? )

e) he hasn't posted on these forums for 2 weeks.

f) I admit this is just a suspicion here: but it is very auspicious timing that this went down right went bitcoin entered it's last boom.

I'm open to any hypothesis that explains the situation.

My personal conclusion is you are being strung along.

Look guys I'm going to owe Ukyo 10,000 apologies if he actually pays us all back.  Trust me, I'll feel really, really, really bad if this is so. I'm very much not an asshole in real life, I just get angry when my money is stolen.

But by using logic, and looking at the the situation rationally, the most likely situation by a very large margin is that he did something illegal and has absconded with the funds.

If you don't buy my conclusion, or are still in denial, describe exactly the situation to a friend who has never heard of Ukyo before, and listen to what they say.

Or think of this: if you deposited $10,000 in a bank, or at car lot, or to a realtor, and they said they had 'technical problems' and could not describe them 'for legal reasons' and then they told you "updates coming next week" for a few months and then stopped communicating with you altogether -- and another 1,000 people, what would you do ? Would you really say 'oh maybe he'll come pay me my life savings, I trust this guy, I'll give him the benefit of the doubt -- even though I don't even know him -- for three or six or however long it takes. Pretty please an update Ukyo, thanks man, good luck sorting out the problems! '.  Really..?  Like.... really?  

..really?  Sometimes I get suspicious that some of you have been paid off and its all of us small account holders have been left with the empty bag, because I just can't fathom doing nothing if I had $5000, $10,000 or $100,000 on the line. If lived anywhere remotely near Texas I'd be down there tomorrow, and I've only lost 1 btc.

[101111]

This thread deserves a theme song and I'm going to propose:

Badfinger - Baby Blue

http://www.youtube.com/watch?v=C53QAuOoSgc


Guess I got what I deserve
Kept you waiting there, too long my love
All that time, without a word
Didn't know you'd think, that I'd forget, or I'd regret

The special love I have for you
My baby blue

All the days became so long
Did you really think I'd do you wrong
Dixie, when I let you go
Thought you'd realize, I would know, I would show

The special love I have for you
My baby blue

What can I do, what can I say?
Except that I want you by my side
How can I show you? Show me a way
Don't you know, the times I tried

Guess that's all I have to say
Except the feeling just grows stronger everyday
Just one thing, before I go
Take good care, baby let me know, let it grow

The special love you have for me
My Dixie dear

[pascal257]

But by using logic, and looking at the the situation rationally, the most likely situation by a very large margin is that he did something illegal and has absconded with the funds.

I really like this idea. Maybe he got problems with the IRS and now his funds are frozen. What does the US law say about earnings in other currencies (bitcoin)?

[EduardoDeCastro]

^^As long as you're running an unlicensed exchange or an illegal bank/money service, you're fine

[WeexUser]

Ukyo was quite active on IRC yesterday. I think I missed the first part but this is what I got:

Code: (#bitfunder)

<[\\\]> des`: progress for whom? ;-)
<Ukyo> heh
<Ukyo> making progress all around
<Syloq> heh
<Ukyo> just wish there wasnt so much red tape
...
<Syloq> Ukyo, updates?
<Ukyo> heh
* Syloq asks expecting an ans...holy crap
<Syloq> I need my thousands of satoshi!
<Ukyo> thats what... 1 gox token?
<Ukyo> :P
<ThickAsThieves> was Bitfunder the first malleability victim?
<Ukyo> er
<Ukyo> bitfunder never touched bitcoins
<ThickAsThieves> oh you know what i mean!
<ThickAsThieves> weex
...
<the20year2> i didn't think it was amalleability issue, but a sql one
<the20year2> HTML/code wasn't disabled on support tickets for bitfunder/weex
<Ukyo> defenitely not the issue
<Ukyo> never had an issue of sql injection

[fuckukyo]

Ukyo truly is a sucker trying to be funny and smart but no one gives a fuck, give back our money and GTFO.

Ukyo was quite active on IRC yesterday. I think I missed the first part but this is what I got:

Code: (#bitfunder)

<[\\\]> des`: progress for whom? ;-)
<Ukyo> heh
<Ukyo> making progress all around
<Syloq> heh
<Ukyo> just wish there wasnt so much red tape
...
<Syloq> Ukyo, updates?
<Ukyo> heh
* Syloq asks expecting an ans...holy crap
<Syloq> I need my thousands of satoshi!
<Ukyo> thats what... 1 gox token?
<Ukyo> :P
<ThickAsThieves> was Bitfunder the first malleability victim?
<Ukyo> er
<Ukyo> bitfunder never touched bitcoins
<ThickAsThieves> oh you know what i mean!
<ThickAsThieves> weex
...
<the20year2> i didn't think it was amalleability issue, but a sql one
<the20year2> HTML/code wasn't disabled on support tickets for bitfunder/weex
<Ukyo> defenitely not the issue
<Ukyo> never had an issue of sql injection

[KS]

I really hope I get my BTC ("only" 400 mBTC) back before BTC jumps to 10000 USD.

I was just "meh" when BTC was 100 USD
I was pissed at 1000 USD  
I do not want to imagine the situation when BTC hits 10000 USD  

You shouldn't have a problem finding a good brewery where you are 

[SebastianJu]

It would help when ukyo would explain what progress he makes all around.

[g83]

It would help when ukyo would explain what progress he makes all around.

he is waiting till the price is below 100 dollars, maybe than he can afford to buy our coins back

[kano]

It would help when ukyo would explain what progress he makes all around.

If he gave a shit about it he would ... that's why he doesn't explain anything.