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Crypto King
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April 28, 2014, 09:21:06 AM |
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Crypto rush better give me my 3.7 btc which they currently hold or stole from me. Im watching them closely and if I don't get it back in the near future I will use my and other people's skills to get crypto rush shut down for ever!
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Jonesd
Legendary
 Offline
Activity: 1876
Merit: 1014
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April 28, 2014, 09:54:50 AM |
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Crypto rush better give me my 3.7 btc which they currently hold or stole from me. Im watching them closely and if I don't get it back in the near future I will use my and other people's skills to get crypto rush shut down for ever!
Can't say I think stating something like that is wise from a legal point of view. As far as I know some new people are trying to revive it and it will take a while for them to pay the funds back to people |
Co-Founder and Managing Partner of Block Bastards
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Crypto King
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April 28, 2014, 12:19:19 PM |
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Legal or illegal Im watchin very closely, I can understand it will take time but these new people who have taken over will be just as bad of they can't repay everyone, if you can't pay everyone then should have never taken this on just open your own new exchange.
But I will give these new people the benefit of the doubt
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vesperwillow
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April 28, 2014, 12:23:02 PM |
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As far as I know some new people are trying to revive it and it will take a while for them to pay the funds back to people
Awhile is an understatement. It's impossible, unless they hit the lottery. $1-$1.2M/usd in bitcoin alone, not to mention litecoin and the other altcoins. |
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dogechode
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April 28, 2014, 01:22:44 PM |
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I'm just waiting for the next "oh hey guys we changed ownership again, here's a nifty PDF to distract you for a few weeks" notification.
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okaynow
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April 28, 2014, 02:03:08 PM |
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As far as I know some new people are trying to revive it and it will take a while for them to pay the funds back to people
Awhile is an understatement. It's impossible, unless they hit the lottery. $1-$1.2M/usd in bitcoin alone, not to mention litecoin and the other altcoins. Funny how the rates you pick change every other day. How about counting it in rubles, sounds way more. And before one more alt in here accuses me of being paid because i dont agree with their opinion, please, do yourself a favor and understand this simple issue: The only place to have updated info is the irc channel, where one can ask the devs and owners any questions. This thread is not used by CR anymore for updates. Current CR does not control this thread. |
1PeecNu1J8VNKpgR13nasMZWLcMZrwNJfc |
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vesperwillow
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April 28, 2014, 02:16:14 PM |
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Yeah you ever notice that bitcoin rates do fluctuate?
Depending on the value of BTC/USD it has historically been between $800k-$1.2M/usd. I mean if you have to nitpick, I'm off by a few dollars. My apologies. The fact remains they can't ever pay it back. The money was tumbled out long ago, and they'll never in their lifetimes see that much earnings from exchange fees.
And they know it.
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okaynow
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April 28, 2014, 02:22:03 PM |
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yes rates fluctuate.
Due to the fact that they fluctuate, i would suggest you count losses in coins, and not fiat.
Trying to make things worse than they are is not helping anyone and you know it.
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vesperwillow
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April 28, 2014, 02:37:55 PM |
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yes rates fluctuate.
Due to the fact that they fluctuate, i would suggest you count losses in coins, and not fiat.
Trying to make things worse than they are is not helping anyone and you know it.
Dude you need to chill, I'm not trying to make anything worse. I could care less what happens to CR, just reminding people that it wasn't a small amount that they owe. Stop presuming upon intention. As objective as you try to stay, you always defend their actions. Sure makes me wonder what your gamble in this is. |
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okaynow
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April 28, 2014, 02:43:44 PM |
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see, now you are accusing me, just because i disagree with you.
Its very simple. Coins were stolen. Not a million fiat.
So, count the losses in coins, because fiat means shit to most.
Making it sound like a billion is easier if you use rubles, hence my first comment towards you.
EDIT: or do yourself a favor, sinc eyou could care less, use 2009 rates, and get over it.
How about that?
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vesperwillow
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April 28, 2014, 04:01:01 PM |
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I used USD because it's the standard for trading. Rubles is not. There's nothing to get over, at least on my end. Okaynow?  |
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suchmoon
Legendary
Offline
Activity: 3640
Merit: 8908
https://bpip.org
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April 28, 2014, 04:07:07 PM |
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yes rates fluctuate.
Due to the fact that they fluctuate, i would suggest you count losses in coins, and not fiat.
Trying to make things worse than they are is not helping anyone and you know it.
How is using one currency vs the other worse or better? Just because there are more/fewer zeroes attached to it? You may think that it is appropriate to count coins, but some people were expecting to cash those coins into fiat back in March, so obviously they will be counting their losses in fiat. You denying that is not going to make their loss smaller. |
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RainbowCoin
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April 28, 2014, 05:55:30 PM |
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When will cryptorush be back online ?
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okaynow
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April 28, 2014, 06:56:44 PM |
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yes rates fluctuate.
Due to the fact that they fluctuate, i would suggest you count losses in coins, and not fiat.
Trying to make things worse than they are is not helping anyone and you know it.
How is using one currency vs the other worse or better? Nobody is denying anything. Its the context that is wrong. If one loses fiat, he should count fiat, if one loses coins, he should count coins. If btc crashed tomorrow, and its price went back to 2009 levels, 3000 coins would not be an issue. Now that people see btc in the 400-500 usd, they like to talk of millions. I;m simply pointing out the issue. Coins were lost, not fiat. Coin price fluctuates, so if you keep talking about fiat, you talk of a million today, ten tomorrow, and maybe nothing in two days. But if we talk about x coins lost, then the number IS ALWAYS PERSISTENT. Persistent, accurate and depicting the truth. Fiat might sound awesome when talking about profit or losses, but it is not. Its just a way to throw some emotion into an otherwise baseless argument. |
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ReBoRn
Sr. Member
Offline
Activity: 392
Merit: 250
Bitcoin will survive
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April 28, 2014, 06:57:35 PM |
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When will cryptorush be back online ?
Good question I am also waiting for this for long time but no updates available from any one about this |
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vesperwillow
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April 28, 2014, 07:10:53 PM |
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yes rates fluctuate.
Due to the fact that they fluctuate, i would suggest you count losses in coins, and not fiat.
Trying to make things worse than they are is not helping anyone and you know it.
How is using one currency vs the other worse or better? Nobody is denying anything. Its the context that is wrong. If one loses fiat, he should count fiat, if one loses coins, he should count coins. If btc crashed tomorrow, and its price went back to 2009 levels, 3000 coins would not be an issue. Now that people see btc in the 400-500 usd, they like to talk of millions. I;m simply pointing out the issue. Coins were lost, not fiat. Coin price fluctuates, so if you keep talking about fiat, you talk of a million today, ten tomorrow, and maybe nothing in two days. But if we talk about x coins lost, then the number IS ALWAYS PERSISTENT. Persistent, accurate and depicting the truth. Fiat might sound awesome when talking about profit or losses, but it is not. Its just a way to throw some emotion into an otherwise baseless argument. This point is true, and I agree with the methodology. I merely used USD for the reasons I said before. I still stand behind my point, it was no small amount. Unfortunately. |
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dogechode
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April 28, 2014, 07:13:41 PM |
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Guys to be frank I don't think anyone cares about exchange rates or what currency you tally the losses caused by the site's problems, for the purposes of this thread. Let's stick to talking about CryptoRush and whether they are legitimately returning or just stalling to buy more time, etc... or other news about the exchange.
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okaynow
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April 28, 2014, 07:20:23 PM |
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you are probably wrong, if you think that people dont care.
Neither you or anyone else would be in these forums, if rates did not matter.
Also, an FYI: this thread is not a place for up-to-date info.
The only place available is the irc channel, where anyone interested can ask the devs and the owners anything.
There are well over 150 people there daily, lurking.
This thread has been started by the former CR staff, has been abandoned by them, and we are only speculating about everything here/
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dogechode
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April 28, 2014, 07:23:03 PM |
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you are probably wrong, if you think that people dont care.
Neither you or anyone else would be in these forums, if rates did not matter.
Okay it seems like you are misinterpreting what I said. Allow me to clarify: I don't think that continuing the petty back and forth argument between the two of you about how the amount CR owes was calculated, whether it was based on BTC or USD or gold kruggerands, is productive or valuable at this point so please let it go. |
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okaynow
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April 28, 2014, 07:40:46 PM |
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sorry, but, i don;t think you are in a position to say that. Also, let me clarify this to you: We here are having a public conversation. Everyone is welcome to participate. Everyone is entitled to his/her opinion. Personally, I find huge value in not misrepresenting things, and not letting others do so freely. Now, unfortunately, you might not think that how anything is calculated matters, but thats just you. Some care. And care enough to have an opinion on it. EDIT: dont get me wrong, not trying to sound offensive |
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