Quote from: malkusch on March 29, 2014, 05:42:29 AM

Quote from: Evolyn on March 29, 2014, 04:34:50 AM

And then some complain if people get mad for not letting 'em know what happened with their money

Please be aware that this is the loan thread. Don't mix the WeEx issue into this topic. AFAIR the contract clearly states it's a personal loan. Ukyo doesn't need to explain what he does with the loan.

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for already more than 5 months?

Regarding the time frame. Imagine you get a loan of 2000 BTC from your bank. What time frame do you expect for paying that back? The loan contract we all agreed on used that wording:

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Redeeming shares may take some time to liquidate positions or procure more BTC.

Please apply the facts that Ukyo lost the income of bitfunder, might have some BTC of the loan itself stuck in the WeEx issue plus now every holder seem to claim back their loan shares. 5 month seems more than unrealistic for that.

Yes, I agree. I did not expect ukyo to be able to pay back the whole loan so quickly especially since the price of BTC is several times what it was when the loan was taken out.

And the agreement does not say how long we would have to be expected to wait for the redemption to happen.

But he stopped paying dividends, too, which is already in violation of the agreement. If we had been receiving dividends all along, I would be far less concerned about the status of the original investment. Right now, without any dividends we would naturally want our money back as soon as possible to eliminate further risk. If that is not possible, I think we deserve to know what the money is tied up in (what kind of business, etc) so we know ukyo isn't just sitting around using the money to go on vacations and pay his rent.