Quote from: coinitus on April 22, 2014, 12:46:31 PM

CoinEx is online. Only BTC & LTC withdrawals will work yet, rest will come next week.

Has he ever been on time with his time lines? No. So why would you think this time would be any different? I knew that 'next week' was BS as soon as I read it.

Anywho, time line change dependent on the situation which is to be expected. You think it's any different on wall street? You think when a bank fails, everyone has their money back in a week. Nope.

Everyone (him and his customers) are following a completely unrealistic timeline that things just can't happen in even under the best of circumstances.

Quote from: BotwinBG on April 22, 2014, 03:26:59 PM

Artlover - working with him implies a two way dialogue of some sort. Kind of hard to work with someone who is as silent as a gravestone, don't you think? There is no excuse for the silence and honestly no mercy or understanding should be shown here. There was/is quite a bit of money involved. Communication is vital and with a silence like this it looks like they are just stalling.

Don't get me wrong. I agree with you.

They have handled this very poorly since day one and are still handling it poorly. It's hard to have any consideration for them and their situation. That is their own doing.

Doesn't change the fact the general attitude of everyone else is going about it isn't going to help. There is only so much he can do at this point in time, and it's all dependent on CoinEX being used, and since that isn't happening, he's screwed so you're screwed too. Bitching and moaning won't change the dynamics. Won't get your coins back. Won't put him in a position to earn any coins to pay you back with. Only thing it will do is make him sorry he even bothered to try and attempt to recover CoinEX and want to fix everything. He, personally, would have been a lot better off had he just said he was out, screw everyone and walked away. But as it stands, he pretty much sold the farm trying to scrape funds together and get CoinEX to make up the rest. Selling off his own btc, his own stock, his own equipment.

Again, you are correct. He brings this all on himself by being quiet and failing to follow through with many of the things he says hes going to do. But I don't see this as a MtGox scam so much as him just being a damned idiot who never quite had a handle on what he was doing operationally on either the crypto side of things or computer security side of things and finally boxed himself into a corner.

Either way, CoinEX "could" still be salvaged at this point, but it's going to require things from both sides.

1 - Erundook and company absolutely needs to quit hiding and start giving regular updates as to what the hell is going on. At least twice a week, if not more.

2 - Erundook needs to make the exchange fully operational so people can use it. Between the mining pools being broken, people having funds held in limbo when they cancel outstanding orders, nothing updating correctly. It's a total mess and only getting worse. It's no wonder people aren't using it.

3 - Users need to quit trying pull all their assets and running right away so the exchange has the capital it needs to operate so it can generate the funds needed to pay everyone back. But 1 & 2 needs to happen first however.