I already know what this scammer will be saying. He'll say he had no idea that bitcoin price takes huge increases all the time. He'll say he thought bitcoin price is more stable than dollar. He'll say it's all because of slow banking.
He'll say that unfortunately the loss happened during the november peak. Just a bad coincidence. He'll say he thought that selling all IPO bitcoins without buying the same amount the moment they're sold seemed like an excellent business idea.
Can you really believe this guy he is that retarded? He's a scammer.
I recommend Jerod that you give all your bitcoins back. I don't care if you think you're entitled to bitcoins you stole, and took for your "work". You're not entitled to anything. Give what you took back.
Our initial supply of bitcoins were sold as users bought them from our site. The money then took 2-3 days to reach our bank account from our merchant account, and then another 1-2 days to wire the funds to bitstamp. We wired the USD funds back to bitstamp as often as possible, but the simple fact is that do what you propose would have required 3-5 times as much capital than we had on hand. When you sell bitcoins you hold cash. It is impossible, due to logistics, to instantly convert/maintain all funds in bitcoins. We did not receive a salary for any of the time we invested into btcQuick and we plan on returning everything that we have back.