Quote from: His Most Eminent Highness Grand Caesar Imperator Goat on March 31, 2014, 10:08:08 PM

Quote from: robitnik on March 31, 2014, 09:56:22 PM

Quote from: His Most Eminent Highness Grand Caesar Imperator Goat on March 31, 2014, 09:47:35 PM

Quote from: zero3112 on March 31, 2014, 08:25:05 PM

The only people who want to liquidate are the ones who bought all their shares at ฿0.002

I am the only one who sold at .002 BTC and i bought most of my shares in the .6 to 1 BTC range.

We do not like taking this loss but clearly with Garret running this show it is best to get back what we can from the units. The math does not lie. There are also other options that some of us are taking to get some of the funds back as well, and really you don't want Garr having control over your BTC when that stuff hits.

And anyway like it or not, Garr had a vote and the vast majority have voted for liquidation. It needs to happen now.

That's probably what triggered Havelock's alarm and caused them to freeze trading.
I think they implemented it to catch hacked accounts dumping shares like guybrush01's situation a few weeks ago.

But the fact they kept it locked down until Garr can get hashing power up and running is pretty much illegal. Havelock and Garr knows that this is not a "hacking" and they are manipulating the trading in a highly illegal way.

It's an unregulated exchange though. I don't know what (if any) laws would apply here.
But, yes. It shouldn't have happened. This whole situation is a mess.