Post
Topic
Board Service Discussion
Re: Instawallet claim process
by
tvbcof
on 19/07/2013, 23:02:03 UTC

For the record, I seem to have been paid out in full.  It was in the 20 BTC ball-park.

Thinking back on things, I probably had some Instawallets that I experimented with and forgot about with tiny sums, or with what were tiny sums when the price was in the single digits.  I don't suppose that Bitcoin-Central will tell us what their take was from unclaimed wallets.  Hopefully they will at least be good guys and distribute such proceeds to the large wallet holders which they may or may not be able to make whole.

About the time Instawallet went down I found a stash in a plain old wallet file in the multiple hundreds (of BTC) which I had forgotten about.  A nice little surprise, and indicative of how us 'old timers' can lose track of what can eventually become a noticeable amount of value.  Thankfully I'd 'cleaned out' my Bitcoinica account before those guys took their pay-day, but I still had 2 or 3 BTC there.  At $5/BTC it wasn't a big deal but now it kind of irks me a bit that ~vess or whoever has several hundred dollars which they stole from me.

Again, I hope that when the dust settles, Bitcoin-Central can find the time to issue a credible report on all of the happenings and it would go some distance toward demonstrating that they are, on some level at least, trustworthy.