Quote from: genjix on July 03, 2012, 06:41:30 PM

Quote from: LoupGaroux on July 03, 2012, 05:20:25 PM

Less than 10% of the claims to a point of less than 50% is less than 5% of the total problem addressed. And you are concerned about "making mistakes"? You are still in the statistical deviation fussiness around the issue at 5%, you haven't even begun to fix the problem. At the speed your poor solitary trooper is struggling through this moral swamp of who is being honest and who isn't, who has a reputation or who doesn't, you should get around to beginning to look at refunding the UNDISPUTED US$ accounts sometime in August 2015. With another 3 years to resolve that cluster-fuck you might be out of this right around December 2019.

Nice work! Bravo for the effort! So glad the saviors came along to make this thing all better!

Considering that the base value of ALL underlying bitcoins that you are holding has increased by almost 55% since this theft began, you could comfortably pay out at this level for decades, stringing along the customers that you have scammed, and never touch the principal you hold. Hell, those thousands and thousands of US$ will be increasing at a steady rate too! What a clever routine you boys have worked up here.

I didn't scam anyone. Say how you expect people to be refunded without a database.

We're trying the best we can.

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I am amazed that anyone in this community still listens to a single word from you gangsters. There is absolutely nothing that you have done or said that is anything less than classic textbook scamming. You have lied in reaction to every question, you have mis-directed, re-directed or just fallen off the face of the earth whenever the heat gets turned up. Nobody knows yet who actually is responsible for this disaster, and you seem to pop out another name for the penultimate responsible party every other week, and yet there is always some murky uber-mensch who tells you all what to do based on ethical/moral/legal considerations, although nothing you do reflects anything like ethical, moral or legal behavior. Amazing.

It's a wonder that you don't have the villagers clamoring for a lynching right now, but I guess the promise of a few miserable pennies on the dollar sometime in the next decade is enough to mollify your victims. Sad. Truly sad that polished scammers like this whole set-up flourish here. If there is anything that will kill off bitcoin as a concept- it is the thieving bastards like Bitcoinica. I don't believe for a second that there was any kind of hack here, this stinks like a set-up to pull a huge amount of capital out of the "market" sit on it and make gains while everyone runs around like chickens with their heads cut off, throw your little programmer Zhou off the Island and steal his work, while turning him into a pariah in the community, so that you can paint yourselves as White Knights.

You sicken me.

Point me to one question where I lied. I've been around all the time, posting answers to questions and answering emails. Also I give the full story as it happened in the OP. Your story is nothing more than a conspiracy theory.

As I said, if someone wants to sue then I'll provide my name and details for the police report. No one has taken that offer yet. We are happy to open our books to the relevant authorities. Tihan has also offered up his personal details. We have not acted maliciously once.

Currently I have 200 emails. A scammer would not bother answering and looking up people's claims for them. I also would not be using a crappy IBM Thinkpad T61 if I wasn't short on cash. Our conduct before Bitcoinica has been nothing but exemplary (point me to an occasion where it wasn't), and we've always operated with utmost honesty.

But I guess there is no other way to convince you otherwise, so it is a pointless discussion as you've already made up your mind.

@Transisto, I did say it was a slow process. And actual payouts only begun 2 weeks ago (see the OP). We had to sort out the legal issues with Tihan (who has legal control over the funds), create a claims system, organise all the data and start the process. This isn't something you do in 3 days, but 2 weeks. Consider that it 2 months of legal negotiation with Bitcoinica as to our role we would be taking, and when the hack happened, we we still completing the ownership transfer:

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20:42 tihan isn't like an employee
20:43 he's a middleman
20:43 a finder
20:43 im guessing this huge mess is why he wont be working with him anymore
20:43 but donald pushing the point is probably what made that really happen
20:45 however you dealt more with tihan, so you know more about everything
20:46 i really haven't followed the events, nor read much of the email exchange between donald and tihan
20:48 afaict this is effectively a series of decisions that were made in good faith which were unfortunately poorly thought out
20:48 wendon bought bitcoinica in like october and knew immediately that there were problems
20:48 they went to the coinlabs people but they weren't able to help or reneged on the deal or something i dont know the specifics
20:49 when we got involved in what was it like march? they had been operating for months without a major overhaul
20:50 the paperwork was wrong and tihan was rushing because i think he realized how fucked the situation really was
20:50 then at the worst possible moment the hack happened