POLL: How to Deal with Stolen BTC on Poloniex

[MinermanNC]

Could just open up a donation fund/account? ( all coins) If everyone gives a little bit it could get ya there quicker.... of course, I'm not real clear on how much BTC you are needing to come up to par again? I read 50,000.00 worth

[HinnomTX]

I like Poloniex and want to see it succeed. Busoni is a rare find in this wild west of cryptos. I'm confident he will find a way to make his customers whole.
I think option #2 is the most friendly way to deal with the shortfall.  

There is also option #4. Launch BusoniCoin! Use BusoniCoin as a ProtoShares style asset to issue shares of Poloniex!
If you launch it, I will mine it.

[Warren]

Sell shares of Poloniex, dividends paid from exchange fees    65 (53.3%)

^^^This^^^

I would be happy to invest in your exchange assuming there is a good chance of a reasonable ROI. I think Poloniex has a bright future ahead, despite this security breach and theft.

[MinermanNC]

I like Poloniex and want to see it succeed. Busoni is a rare find in this wild west of cryptos. I'm confident he will find a way to make his customers whole.
I think option #2 is the most friendly way to deal with the shortfall.  

There is also option #4. Launch BusoniCoin! Use BusoniCoin as a ProtoShares style asset to issue shares of Poloniex!
If you launch it, I will mine it.

I kinda like the idea of shares as well as BusoniCoin, interesting. and yes I would mine it for a while maybe longer!

[Warren]

I like Poloniex and want to see it succeed. Busoni is a rare find in this wild west of cryptos. I'm confident he will find a way to make his customers whole.
I think option #2 is the most friendly way to deal with the shortfall.  

There is also option #4. Launch BusoniCoin! Use BusoniCoin as a ProtoShares style asset to issue shares of Poloniex!
If you launch it, I will mine it.

I kinda like the idea of shares as well as BusoniCoin, interesting. and yes I would mine it for a while maybe longer!

I agree with this.

Launching a coin with an underlying asset of value is something I am currently working on and if you could pull this off it would be awesome, but there are quite a few technical challenges involved with creating a coin like that. It "should" be possible now or soon with either NXT, Counterparty, Mastercoin or Etherum, but I don't think it has been done successfully yet in the real world?

If it's just another Altcoin clone with no underlying value and no dividends attached to it I think there will be less interest.

One benefit of getting external investors as shareholders in your business is that there will be a lot more people rooting for your success.

You will likely get help from people with a vested in interest in your success in all sorts of ways, apart from the fact that the shareholders will help drive new customers to the exchange.

[BlockChains]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

[kashish948]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

+1

[nakaone]

I think you could easily sell shares by creating a company selling assets in xcp/counterparty protocol?

[DavidT]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

+2

[knektlife]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

+2

I agree. I did not loose very much BTC, but I still think you should announce some kind of plan to your users. One step could be (or should be) to email the users that you have reduced their BTC balance at your site and explain why their coins are missing and what you are going to do about it. I have not yet lost confidence in your site, and I understand that you are under a lot of pressure right now and have to work hard. But I think it is in your best interest to continue to communicate with your customers. Not only trough bitcointalk, take some time to think about the situation and some time to sleep, but I still think you should email your customers with an explanation of why some of their BTC has dissapeared from their accounts, and what your future actions will be. Ill be expecting an explanation in your site or in an email within 48 hours. That sounds reasonable to me, what do you other guys think?

[kdrop22]

I think you could easily sell shares by creating a company selling assets in xcp/counterparty protocol?

+1
We would be glad to have Poloneix Shares on the XCP distributed exchange.

[16214]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

+3 (+4 for my brother who is still sleeping).

[sherlock421]

I think you could easily sell shares by creating a company selling assets in xcp/counterparty protocol?

+1
+1
agree
a very good suggestion

[kb24mvp]

It seems my btc balance has dropped by 12.3%. Could you please post somewhere on my account balances page the amount taken and like some sort of accounting function showing how much has been earned back? As of now it's just vaporized as far as i  concerned. We basically need a receipt showing we loaned the site operator 12.3% of our balance.

+3 (+4 for my brother who is still sleeping).

+5

[kashish948]

so i guess "Sell shares of Poloniex, dividends paid from exchange fees" option will be chosen!
anyone care to explain when and how exactly will we get back our btc?

thanks!

[fudge]

I think you could easily sell shares by creating a company selling assets in xcp/counterparty protocol?

nice idea!

[fairglu]

Shares would have my preference by far.

Why? crypto exchanges are risk for all parties, but currently while the risks are on the users, the benefits are not.

Having shares allows sharing risks AND benefits.

Ideally a model like mcxnow where fees are spread between owner, shareholders and users would be best. This way everyone gets a portion of benefits (they already all bear a portion of the risks)

[coingifts]

Hi Busoni,

Where is my missing XCP?


i bought 6xcp at 2014-02-18 04:25:28, 
 i bought another 1xcp at 2014-02-28 05:46:40

Market   Type   Price   Amount   Total   Date
BTC/XCP   Buy   0.0086   1   0.0086 BTC   2014-02-28 05:46:40
BTC/XCP   Buy   0.00822   6   0.04932 BTC   2014-02-18 04:25:28

i withdraw 5.85XCP  at XCP   
5.825   1HgDX48ypZo5sFncGyCrwT4pp1BBDA8unZ   2014-02-28 06:50:49   COMPLETE: 8719daeafcee00e80f7bc37a518ac7882e2bd89fedb9dd566c778a56d661fa9b

now my balance is 0 XCP. 

where is the missing 1.1xcp? 

[baileys2611]

+1 on shares, but I'm only a small time trader so I think those that lost more might want to have more weight in the decision.

[sleepless]

It would be nice if I can exchange my 12,3% in shares.

And another question: We can trade the shares then, right?