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Author Topic: [Payout Updates] Bitcoinica site is taken offline for security investigation  (Read 156623 times)
bitclown
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June 25, 2012, 10:48:01 AM
 #1021

HOW DO YOU GET VERIFIED IF YOUR PASSWORD HASH IS NOT FOUND ?

 Angry  Angry  Angry
At this point it looks like if your hash was not found all further communication will be ignored, and your funds will be spent on covering Bitcoinica's loss. Cry
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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btcgoldsilver
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June 25, 2012, 10:54:50 AM
 #1022

At this point it looks like if your hash was not found all further communication will be ignored, and your funds will be spent on covering Bitcoinica's loss. Cry

Well I'm ticking those boxes. Have sent emails to the verify email asking how to manually verify and I've sent emails to gengix asking for my status and got NOTHING in reply. NOTHING

I'm trying to be patient here and my lost coins might not be a large number for some people but 30 BTC is a lot for me. I feel so stupid trusting my BTC to bitcoinica to try and earn interest. Lesson learned.

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disclaimer201
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June 25, 2012, 11:57:30 AM
 #1023

I believe there is reason to have some confidence now. You can still get your coins back if your hash wasn't found. I'm proof of that. I'm guessing if every single one of us writes to genjix there will be little time to actually work on the claims.

I know everyone is upset now having missed the recent spike, but I would recommend to be patient just a bit longer. I believe even though these guys suck badly at PR they are going to do the right thing. (But why do I have to do their job?)
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June 25, 2012, 12:38:59 PM
 #1024

I believe there is reason to have some confidence now. You can still get your coins back if your hash wasn't found. I'm proof of that. I'm guessing if every single one of us writes to genjix there will be little time to actually work on the claims.

I know everyone is upset now having missed the recent spike, but I would recommend to be patient just a bit longer. I believe even though these guys suck badly at PR they are going to do the right thing. (But why do I have to do their job?)


You don't but it's nice someone steps up to the plate since they won't.

Seriously - this is really pathetic that there's no information, no communication ETCETERA (but this horse died 52 pages ago, and is just being flogged for no reason.)
* guruvan kicks the horse once more in frustration at its death and walks back over to irc.


EDIT: omg the above is seriously awesome...didn't know that was a forum bbcode feature. 9001 internetz to that person.

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June 25, 2012, 03:43:58 PM
 #1025

Just got this message this morning:

Quote
Hello, Your account is in the queue and waiting to be reviewed.

It's amazing how helpful that brief email is.

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June 25, 2012, 06:47:50 PM
 #1026

wooot! Finally some word back! 

improves the confidence factor immensely.

thanks guys.

 
Just got this message this morning:

Quote
Hello, Your account is in the queue and waiting to be reviewed.

It's amazing how helpful that brief email is.

yup - that's it - and yeah - amazing how helpful it is.

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June 25, 2012, 07:20:25 PM
 #1027

I got an email that my claim is accurate.

Verified password hash. Money came from US dollars from MtGox (I knew the exact amount).  Tiny open position (< 1% of funds).

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Serith
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June 25, 2012, 07:23:26 PM
 #1028

At this point it looks like if your hash was not found all further communication will be ignored, and your funds will be spent on covering Bitcoinica's loss. Cry
Is there any reference for this, or is it just a FUD?
guruvan
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June 25, 2012, 08:18:19 PM
 #1029

At this point it looks like if your hash was not found all further communication will be ignored, and your funds will be spent on covering Bitcoinica's loss. Cry
Is there any reference for this, or is it just a FUD?

FUD - my hash was not found

and, as above, I realized I responded from my primary email address, not the one registered on my bitcoinica account - I did provide my otc gpg sig, and cc the mail - so YMMV.

mrbrown
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June 25, 2012, 09:15:06 PM
 #1030

ninjarobot, thanks.

I think some of the biggest payments are being made soon (possibly today). It's just we wanted to be extra careful that there was no trivial oversights. For instance we could afford to mistakenly pay out $20 but not $30,000.

Evidence that people send does help, but it is not definitive. We use the evidence you send to try to find matches for you in our records. But if we don't have a record of it, then digital evidence is easily faked and does not mean much.

so if  the biggest payments are being made soon why havent i received any mail ?? can you give me the status of my claim..?
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June 25, 2012, 11:08:54 PM
 #1031

I believe there is reason to have some confidence now. You can still get your coins back if your hash wasn't found. I'm proof of that. I'm guessing if every single one of us writes to genjix there will be little time to actually work on the claims.

But how did you manually verify ?

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flower1024
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June 26, 2012, 07:22:15 AM
 #1032

would be nice to know how many percent got their first 50% payout...
i just want to know when you start payout out the other 50% and when will you start to pay out usd?

btw. my last mail from genjix said that i was not fully verified (it seems they have two records from me in their database: one is correct the other one isn't). i received 50% btc payout; but dont know what my status is right now.
waspoza
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June 26, 2012, 09:03:43 AM
 #1033

Got half of my coins, yay!  Cheesy
waspoza
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June 26, 2012, 09:38:00 AM
 #1034

Got half of my coins, yay!  Cheesy

It is pretty sad when we say "yay" to getting 50% of our coins 2 months later...

True. But it would be even more sad if we lost em all.
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June 26, 2012, 11:41:34 AM
 #1035

Is it just me thinking : either this "hacker" is a total dumb idiot or it was an inside job ...

Why no "mass leak" crap released yet to cause huge panic ?

Why no database release to flood claim process full of bogus entries ?

Why is the "hacker" so "stupid" ?

Why no police report ?

Why has he not filled the claim process full of bogus claims since he has the databases and wants to do it for the "lulz" and destroy Bitcoinica and the chance of it being restarted ?

Seems dodgy to me ...

Happy to see people getting SOMETHING back but not happy about the "hacking" incident which still is ambiguous.
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June 26, 2012, 02:43:00 PM
 #1036

Why no police report ?
This question is the most important. Bitcoinica really missed the boat on this one. Who gives a damn whether the cops know shit about Bitcoin. When you go to sue someone, having a police report is helpful even if they did nothing with it.

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June 26, 2012, 03:21:31 PM
 #1037

LOL, no police report... is that real? I can't fathom why you wouldn't call police when that much money is involved.

Very fishy.

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thest0ckman
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June 26, 2012, 03:33:39 PM
 #1038

i didnt have anything in bitcoins, i had a very very small short position and the rest in cash, over 99 percent was in usd.

has anyone got usd payments yet or just bitcoins?


when can i expect my money please?




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June 26, 2012, 03:41:07 PM
 #1039

LOL, no police report... is that real? I can't fathom why you wouldn't call police when that much money is involved.

Very fishy.


Simple - if you don't want the person to be caught, you don't ask the police to investigate.

This was an inside job. 

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June 26, 2012, 03:41:49 PM
 #1040

please STFU about the police, what do you want them to do? magically fixing the database, so that everyone can get there money? shoot genjix?


they can do absolutely nothing in this case, except messing things more up. so please STFU.

"The whole problem with the world is that fools and fanatics are always so certain of themselves and wiser people so full of doubts." -Bertrand Russell
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