Post
Topic
Board Securities
Re: [Bitfunder]&[WeExchange] WARNING! The Fall of Ukyo!
by
Ukyo
on 10/11/2013, 17:14:06 UTC
We are now over halfway through Oct 23rd requests. The next couple days withdraws mostly consist of smaller transactions so I think those should go a bit quicker.

Please keep in mind, we have been getting 50 to 100 withdraw requests a day.
At 20 to 50 minutes per manual transfer it is taking a while. We also noticed that larger transactions such as 50btc end up taking about 30 minutes before seeing them advertised to the network, and around 100btc taking as much as a full hour.

The other day I attempted to just move all funds to a new wallet and waited for a bit over 3 hours and the transaction never completed to the network.
At that point I returned to manual transactions. In the mean time I am working on a new system for better load handling and a method try to import the current wallet data to it so that as soon as it is ready we will be able to speed through the remaining withdraws at that time.

At this point I can understand if you wish to open a scammer tag. This has been a very unfortunate event that really caught me off guard but I will work through
everything as fast as bitcoind will let me and continue to work on the quick/permanent fix. I will not fight it but will continue to work through things to fix them and make everything right by everyone. Though if you do open one, I ask that you update it when your withdraw does eventually show up.

Many many transactions go out every day. Many people become happy about their funds and don't bother to post here or do not even know to post here.
I again would like to remind those users who are reading this that if you get your withdraw, please post here so everyone else knows. While I understand your
privacy matters, I am sure people will also be happy to know the amounts too, esp. if you are one of the larger withdraws.

Please keep in mind that BitFunder had almost 10,000 user accounts. I am sure you could imagine the massive spike in withdraws over the last few weeks on WeExchange.

Thank you for your continued understanding and support.
-Ukyo