[Payout Updates] Bitcoinica site is taken offline for security investigation

[Otoh]

following

[1713946822]

1713946822

[1713946822]

1713946822

[1713946822]

1713946822

[1713946822]

1713946822

[1713946822]

1713946822

[rjk]

scribing

[M4v3R]

Subbed

Are these really necessary? Half of this topic is made of "sub" messages. AFAIK you can use "notify" link above the first post and below the last to subscribe without replying.

[Mushoz]

Subbed

Are these really necessary? Half of this topic is made of "sub" messages. AFAIK you can use "notify" link above the first post and below the last to subscribe without replying.

Clicking notify makes the forum send you mails when there are new replies. Most people don't want to have the forum software clutter their mailboxes. So yes, until the forum software allows you to enable notifies without sending out mails, a quick "sub" message is the easiest way to subscribe to a thread.

[Transisto]

(one is fast and unreliable, the other slow and reliable).

It's hard to choose when how unreliable isn't well known other than ,,, an X month old log.  And when "slow" is defined as waiting for a good mood from the hacker. (who supposedly hated bitcoinica)

So if very unreliable and possibly infinitely slow, I suggest you pay out a safe % to those who had the most assets.  Starting with accounts linked to users with an established reputation on the forum, you could get back BTC in the unlikely event that you overpaid.

[dancingnancy]

What about customers that do not have a Mt. Gox account?  I never had one as I have acquired all my coins through trade of services.  What about just sending back the coins to my personal wallet?

[dancupid]

I put in the basic claim based on my vague memory of what I had in there - I was waiting for something more. An email or something.
I'm in no rush to get this money back - and if Bitcoinica was back up and running I would be happy to keep it there and carry on using Bitcoinica. Is that likely?
Since I'm not totally sure what information is needed, I'm not sure what I need to provide. I have emails from Bitcoinica, and all the mtgox codes of my transfers to bitcoinica - do you want me to send this information? Should I copy the emails I received (with headers?).
Please send us emails. I don't live on this discussion board - I don't read every post in every thread.

[Maged]

You don't have to pay back everything at once. If you are fairly certain of a lower range of what could have been in everybody's accounts, pay that out ASAP, and figure out the more fine-grained details later.

[Mushoz]

You don't have to pay back everything at once. If you are fairly certain of a lower range of what could have been in everybody's accounts, pay that out ASAP, and figure out the more fine-grained details later.

+1

It sucks having loads of BTC sitting there, doing nothing

[Phinnaeus Gage]

You don't have to pay back everything at once. If you are fairly certain of a lower range of what could have been in everybody's accounts, pay that out ASAP, and figure out the more fine-grained details later.

Good point, Maged! That way the community will see that there's some progress happening, thus giving others hope that everything will work out for the best. Starting this thread was a major first step, genjix. I'm truly wish you success.

~Bruno~

[disclaimer201]

As long as we haven't heard of ANYONE getting back anything at all I don't think this is the place to commend genjix. Given the fact they probably owe tens of thousdands of dollars basic communication from Intersango is just the same as it was two weeks ago: subterrestrial. As long as this won't change I will work against them as much as I can.

[BinaryMage]

As long as we haven't heard of ANYONE getting back anything at all I don't think this is the place to commend genjix. Given the fact they probably owe tens of thousdands of dollars basic communication from Intersango is just the same as it was two weeks ago: subterrestrial. As long as this won't change I will work against them as much as I can.

What will that do? Unless you allege they do not intend to pay funds to users, why will you "work against them"?

[muyuu]

Trying to enforce a one-true-exchange, MtGox, is radically anti-bitcoin.

Hopefully the guys from Intersango will understand this, for obvious reasons.

People who identify themselves as users of WHATEVER exchange should be able to redeem through THAT exchange.

[BinaryMage]

Trying to enforce a one-true-exchange, MtGox, is radically anti-bitcoin.

Hopefully the guys from Intersango will understand this, for obvious reasons.

People who identify themselves as users of WHATEVER exchange should be able to redeem through THAT exchange.

They run their own exchange, I suspect they'll understand.

[muyuu]

Trying to enforce a one-true-exchange, MtGox, is radically anti-bitcoin.

Hopefully the guys from Intersango will understand this, for obvious reasons.

People who identify themselves as users of WHATEVER exchange should be able to redeem through THAT exchange.

They run their own exchange, I suspect they'll understand.

Thus, obvious reasons. I'm a customer.

[btcgoldsilver]

I was deliberately vague. It isn't which payment system to use, but which method of selecting payees (people to be paid) to ensure accurate or fast delivery (it is a bit of a sliding scale). Maybe I can post more specifics, but I want to ask first in case I somehow jeopardise the prospect of a speedy recovery for everyone. Also I'd want to make sure what I write is correct.

Why not just start paying out the claims that are most certain and gradually work towards those that are harder to verify? I'd feel happier if I knew some people were getting their USD and/or BTC returned, would be nice to see a bit of movement happening, I think people would be a bit more relaxed if the queue was moving.

[chunglam]

I was deliberately vague. It isn't which payment system to use, but which method of selecting payees (people to be paid) to ensure accurate or fast delivery (it is a bit of a sliding scale). Maybe I can post more specifics, but I want to ask first in case I somehow jeopardise the prospect of a speedy recovery for everyone. Also I'd want to make sure what I write is correct.

Why not just start paying out the claims that are most certain and gradually work towards those that are harder to verify? I'd feel happier if I knew some people were getting their USD and/or BTC returned, would be nice to see a bit of movement happening, I think people would be a bit more relaxed if the queue was moving.

+1, it would be nice to see a little bit more transparency for the payout process. I also would like to know the liquidation price for the long and short position and the policy for the interest swap.

[M4v3R]

I was deliberately vague. It isn't which payment system to use, but which method of selecting payees (people to be paid) to ensure accurate or fast delivery (it is a bit of a sliding scale). Maybe I can post more specifics, but I want to ask first in case I somehow jeopardise the prospect of a speedy recovery for everyone. Also I'd want to make sure what I write is correct.

Why not just start paying out the claims that are most certain and gradually work towards those that are harder to verify? I'd feel happier if I knew some people were getting their USD and/or BTC returned, would be nice to see a bit of movement happening, I think people would be a bit more relaxed if the queue was moving.

+1, it would be nice to see a little bit more transparency for the payout process. I also would like to know the liquidation price for the long and short position and the policy for the interest swap.

Zhou stated before that positions will be liquidated at 4.94 / 4.98. Not sure if that was an official statement though.

[Maged]

I was deliberately vague. It isn't which payment system to use, but which method of selecting payees (people to be paid) to ensure accurate or fast delivery (it is a bit of a sliding scale). Maybe I can post more specifics, but I want to ask first in case I somehow jeopardise the prospect of a speedy recovery for everyone. Also I'd want to make sure what I write is correct.

Why not just start paying out the claims that are most certain and gradually work towards those that are harder to verify? I'd feel happier if I knew some people were getting their USD and/or BTC returned, would be nice to see a bit of movement happening, I think people would be a bit more relaxed if the queue was moving.

+1, it would be nice to see a little bit more transparency for the payout process. I also would like to know the liquidation price for the long and short position and the policy for the interest swap.

Zhou stated before that positions will be liquidated at 4.94 / 4.98. Not sure if that was an official statement though.

It was not. It's likely, though, with how stable we've been that the positions will be liquidated at about 4.94 / 5.15. But we'll see.

[disclaimer201]

Well, this must be another speculation thread then?