Arbitrageur
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April 01, 2014, 06:23:41 AM Last edit: April 01, 2014, 06:48:40 AM by Arbitrageur |
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I can only say Kumala is getting this all wrong:
- poor communication: wrong move - privilege the first leaving the exchange: wrong - distribute remaining coins unequally: wrong - freeze 2014 people's account for something happened to may 2013 customers' account: wrong
What could Kumala do to rivitalise Vircurex.com?
- a restyling of the website - a LTC <-> frozenLTC exchange, similar to bitcoinbuilder, allowing people to withdraw immediately - include much more coins, with the pay-per-vote system - redistribute new coins fairly, like poloniex is doing
I know some purists here can see as wrong to accept scam on-board, but better to have scam on-board then be a scam!
Kumala, wake up! And don't fly to Japan...
vircurex was running on negative NAV so you forget one thing: he absolutely needs to raise fresh new capital, part of which must be used for refunding a good portion of the frozen funds.
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Arbitrageur
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April 01, 2014, 07:48:21 AM |
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I hope Kumala bought some btc and ltc back at cheap prices, this might help refund the frozen coins.
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lenny_
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DARKNETMARKETS.COM
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April 01, 2014, 07:50:19 PM |
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I sent 2 e-mails about 10 days ago, then again same e-mails about 5 days ago. Still no answer, dead like a rock. It support working on this exchange? Looks like admin of this exchange is completely unreliable and untrustworthy person now. Or maybe I can get comment on this?
BTW my questions to support were just about API, not about recent problems.
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TookDk
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One coin to rule them all
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April 01, 2014, 08:13:29 PM |
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I sent 2 e-mails about 10 days ago, then again same e-mails about 5 days ago. Still no answer, dead like a rock. It support working on this exchange? Looks like admin of this exchange is completely unreliable and untrustworthy person now. Or maybe I can get comment on this?
BTW my questions to support were just about API, not about recent problems.
I have tried to get a reply from customer "service" since the 3/19 - no answer.
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Cryptography is one of the few things you can truly trust.
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Arbitrageur
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April 01, 2014, 09:18:32 PM |
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I don't know what the heck kumala is doing, maybe he run away with the loot and left the exchange on autopilot. to quote again: - poor communication: wrong move - privilege the first leaving the exchange: wrong - distribute remaining coins unequally: wrong - freeze 2014 people's account for something happened to may 2013 customers' account: wrong
What could Kumala do to rivitalise Vircurex.com?
here's what he should do in my opinion: - raise fresh new capital, 1000 btc minimum to bring back the NAV > 0 (all coming from his pockets or from new partners/investors) - disclose his identity, open a twitter account, launch a better support via skype - unfreeze at least 50% of the coins unlawfully held, to be distributed in a fairly manner - propose an incentive to trading for the depositors with frozen coins (half commission, or no commission at all, so they stick around and generate volume) - stick to a full reserve, to be audited regularly - include more coins, at least the top 15 as per market cap - open an LTC market (for the likes as dogecoin, redd, tips, devcoin and so on) - add the pay-per-vote system - add trading vs USD and EUR I believe this could restore confidence and bring back the daily turnover to at least 100 btc per day minimum. Kumala, are you reading??
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mdtspain
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April 02, 2014, 08:20:37 AM |
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Kumala, are you reading??
Kumala is on "vacation", with the coins that he stole. Or should I say "He hacked his own site to run with the money"
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Blackmet
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April 02, 2014, 01:18:00 PM |
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The support is dead. No adding back on skype as well as no answering any email. BTC still frozen and no explanations. Vircurex scam is obvious.
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lenny_
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DARKNETMARKETS.COM
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April 02, 2014, 01:40:10 PM |
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Kumala Last Active: March 28, 2014, 05:23:57 AM Did he really abandoned his exchange and run away with money?
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Pimpmycoin
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April 02, 2014, 02:54:10 PM |
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up
this is insane
hold depositors are frozen and kumala is paying interest to new depositors
don't trade anymore with this fucking scammer!!!!!!
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"il lungo termine è una guida fallace per gli affari correnti: nel lungo termine saremo tutti morti"
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Arbitrageur
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April 02, 2014, 04:47:21 PM |
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here's what he should do in my opinion:
- raise fresh new capital, 1000 btc minimum to bring back the NAV > 0 (all coming from his pockets or from new partners/investors) - disclose his identity, open a twitter account, launch a better support via skype - unfreeze at least 50% of the coins unlawfully held, to be distributed in a fairly manner - propose an incentive to trading for the depositors with frozen coins (half commission, or no commission at all, so they stick around and generate volume) - stick to a full reserve, to be audited regularly - include more coins, at least the top 15 as per market cap - open an LTC market (for the likes as dogecoin, redd, tips, devcoin and so on) - add the pay-per-vote system - add trading vs USD and EUR
I believe this could restore confidence and bring back the daily turnover to at least 100 btc per day minimum.
I forgot: move to HK or singapore or somewhere else but away from China (apparently vircurex is based in Bejing) and add also Yuan trading (just like btc-e did two days ago).
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Arbitrageur
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April 02, 2014, 06:40:56 PM |
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kumala are you buying the lows?? come on, you are having the best chance in the last 4 months to buy the missing coins. you are a lucky boy! buy this crap and give them back to the rightfully owners.
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Arbitrageur
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April 03, 2014, 12:03:00 PM |
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up, this thread should be pinned at the top until kumala gives all the money back to the rightfully owners. speak to us kumala. have you bought the missing coins?
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rnicoll
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April 03, 2014, 12:59:58 PM |
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Just got an email from support, coins sent, and they're showing in the destination. I'm very slightly in shock!
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Dogecoin Core developer, ex-researcher, trader.
Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
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TookDk
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April 03, 2014, 01:23:27 PM |
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I am pretty shocked to, Today I got all of my coins too. Thanks a lot Vircurex, much appreciated
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Cryptography is one of the few things you can truly trust.
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EinsteiniumWisdom
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April 03, 2014, 02:19:29 PM |
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Still don't have mine yet how many litecoins did you guys have in the account?
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mdtspain
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April 03, 2014, 02:32:20 PM |
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Just got an email from support, coins sent, and they're showing in the destination. I'm very slightly in shock!
You are all lucky guys!!!! I have a new message on my homepage on Vircurex: Frozen funds Your account has frozen funds (the reason why you might not see all your coins in the balances). Please read this announcement about the details.
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rokkyroad
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April 03, 2014, 03:19:34 PM |
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Nothing here. I'm excited there is sign of life at Vircurex.
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" If you have to spam and shout to justify your existence then you are a shit coin." TaunSew
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rnicoll
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April 03, 2014, 03:20:55 PM |
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Still don't have mine yet how many litecoins did you guys have in the account?
I had 0.57BTC; I think he's doing a lot better for BTC than LTC right now, alas. Edit: Should add, this was in a stuck withdrawal (so was neither frozen nor sent). I suspect frozen funds will be stuck through to late this month....
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Dogecoin Core developer, ex-researcher, trader.
Unless stated otherwise, opinions are my own and do not necessarily reflect that of other Dogecoin developers.
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TookDk
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One coin to rule them all
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April 03, 2014, 03:23:40 PM |
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I had 0.138 BTC stuck in a tx, they where released today and I also received an email from custommer service as well.
I had no LTC or other types of alts stuck at them.
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Cryptography is one of the few things you can truly trust.
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disclaimer201
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April 03, 2014, 06:18:32 PM |
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My stuck transaction of 11k DGC got released as well. Just received the coins. Made a huge loss on the ltc/dgc price but it's better than nothing.
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