⭐ Merited by Rikafip (1)
Imagine if you were in such situation, what the fuck would you think you would do considering it is a lot of money for you?
I'd feel very uncomfortable keeping it in a hot wallet. That's what I would do. It's not just hypothetical, I've handled a similar value in a certain Forkcoin, and the only thing that worked at the time was using a hot (Android) wallet. I only used it after sharing my concerns and the owner told me it's okay and he wouldn't blame me, but still I felt very uncomfortable with it. It took the guy a few days to tell me where to send his coins, and it was a huge relieve when I could finally get rid of them.Using a hot wallet when there you have safer options is negligence (at best).
In this case we see that the two people most affected, those who hired him, give him the benefit of the doubt.
One of them didn't:
I use Electrum mainly for convenience, it allows sending rewards in batches.
As a campaign manager, you're being paid to deal with that little inconvenience. You could easily setup a system with offline signing: create the transaction in a watch-only hot wallet, copy the raw transaction to a system that doesn't have internet (and never bring it online!), verify all addresses, sign the message, and broadcast it from your other system.Here's the flag type 1 https://bitcointalk.org/index.php?action=trust;flag=3079
Let's up to everyone decide to oppose/support the flag.
Allow me to copy the Trust system descriptions:Let's up to everyone decide to oppose/support the flag.
Negative feedback:
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Negative - You think that trading with this person is high-risk.
I don't think that's the case.Newbie warning Flag:
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Due largely to the factors mentioned in this topic, I believe that anyone dealing with julerz12 is at a high risk of losing money, and guests would be well-advised to avoid doing so. This determination is based on concrete red flags which any knowledgeable & reasonable forum user should agree with, and it is not based on the user's opinions.
I think this applies. Any knowledgeable forum user should agree using a hot wallet for funds you can't afford to lose is bad.I don't like being the one who activates the Flag from DT, but I believe it's correct use of the Trust system.
The only thing stopping me from Supporting the Flag is this:
I've seen an escrow involved in someone losing $50,000, and everyone still trusts him.
I don't think OP, who actually posted the problem by himself, deserves a harsher treatment than the other guy.But, with a bit of political skills, julerz12 can easily turn icopress' feedback to neutral. All he has to do is discuss with the campaigns he was handling and "convert" the missing money into debt with clear agreements about paying that back, and where that is not possible, maybe lend some money too for covering all this. Loans are neutral feedback. And then he can go on.
This sounds doable, although it's a bit of a loophole. A loan still doesn't mean it really gets paid back, so there's still a chance they've lost their money.Quote
I see, like every time this kind of things happen, people go more for the drama than for being helpful.
Of course, the first impulse after reading this is the drama. But that was yesterday. Let's be helpful today. 5k is not the end of the world, at least one of the campaigns have shown understanding and I think that a rationale discussion can easily take place. So, with some more luck, it should not be that hard for julerz12 to "patch" a little this fuckup.
I like this spirit Of course, the first impulse after reading this is the drama. But that was yesterday. Let's be helpful today. 5k is not the end of the world, at least one of the campaigns have shown understanding and I think that a rationale discussion can easily take place. So, with some more luck, it should not be that hard for julerz12 to "patch" a little this fuckup.
I don't think any kind of flag is appropriate for now to give to: @julerz12 against or support it, although one day it will be needed.
If it's true what happened and experienced by @julerz12 ended in an accident and disaster, not fraud, and he said it happened because of his own carelessness in placing the campaign funds he manages.
Those are all reasons to Support the Type 1 Newbie Warning Flag. It doesn't matter that it's not fraud. You call it an accident, I call using hot wallets for large funds an accident waiting to happen.If it's true what happened and experienced by @julerz12 ended in an accident and disaster, not fraud, and he said it happened because of his own carelessness in placing the campaign funds he manages.