CRS's will still remain a percentage of profits the site makes just like before.  The only real difference is that we have to pay back 1.0 balances first before payouts on CRS's are made.

I guess repeating this multiple times wasn't enough to get it through your thick head that you didn't lose anything to 'us'.  Old CR is DEAD.  New CR has nothing to do with the old team.  If it wasn't for us you wouldn't be seeing a single satoshi.  Clear enough for you yet?

Why you think solving your problem on the forums, beyond just complaining that your balance is "supposedly" off without giving any proof or help to track down what could be wrong, as opposed to putting in a support ticket is beyond me as well...

CRB-B/BTC, CRB-L/BTC, DRK/DOGE, LTC/DOGE are now trade markets and LTC has been 'refunded' (all .0.085%) or moved to CRB-L's.

Which is exactly why I asked for a prioritized list of suggestions from people.  I'm spending all my efforts replacing an exchange and trying to get funds back to people, I don't have the time to monitor and analyze which of these 190 coins are of higher or lower value to someone.

Hey guys, as promised coin payouts have started!

New:
Coin(O) aka CNO/CON is now available.

Previous:
CryptorushShares
BTC (converted to CRB's for payout as funds are available)


Something to keep in mind, you're NOT going to get paid back as funds are available unless you login to the new site to collect your 1.0 balances as they are made available.

If anyone is willing to help us in our efforts to refund people from the hackers please consider donating, it's greatly appreciated:
BTC 1Jwa7a4mi2VSGqkRNz4BHC1v26NsyVsH5M
LTC LQdZQuismNMRqJGpUweCt9x27zbTeAngc6
DOGE DHC5Ku3Ho1rpDvdG3iHzSoXxcjSnhB6WWx
CNO UPX3SAj9FsByXMbW3314td2js1RtUWoSVk

Also, with 190~ coins to go through and refund it's hard to know how to prioritize without feedback from people as to what they'd like to see get reimbursed sooner vs later.  (Yes, donations WILL help encouragement.)

Best,
KD

Today's update:

Reimbursement code is in place.  We've started reimbursements!  Playing it safe with just CRS's right now to make sure no strange bugs got through.  Please login and check.  You'll need to logout/in for it to process.  Please report any oddities via ticket so we can address it ASAP.

Once we're confident there are no glitches we'll start processing coins that can be withdrawn!

You'll also notice CRB-B and CRB-L being listed now.  As stated before this is where balances that are owed people that can't be paid back until the exchange can repay them will live.


-KD

Hey, another update for everyone.  I tweeted out that the last of the core code for payouts was finished yesterday.  I'll be doing some additional testing and if all goes well the 1.0 balances will start being shifted into available balances (yes, for withdraw) slowly starting Saturday.

ANNNND cryptorush
volume high: 2400+
highest: 450 satoshi

Btw, only .14% trade fee.

"A reply of yours, quoted below, was deleted by a Bitcoin Forum moderator. Posts are most frequently deleted because they are off-topic, though they can also be deleted for other reasons. In the future, please avoid posting things that need to be deleted.

Quote
lol"



Whatever you troll.   *rolls his eyes*  I can't believe you have nothing better to do with your time.

Hey hey, deposit/withdraw for LTCD are back on for CryptoRush.  Thanks for your patience!

Hey pt,

CRS's will definitely be listed and will be a permanent part of CR for the future.  Right now they list under your portfolio but no balances have been shifted over with them.  The market for them will open after the 1.0 coins start getting refunded.  I think we can all agree that refunding is a huge priority to gain everyone's trust and prove that we're out to make things right.

Heya, we are helping with the wallet stuff so as a result deposit/withdraw went offline at CryptoRush.  Originally I took the whole market offline but that didn't seem fair to those who already deposited.  It will be back up shortly, sorry for the inconvenience!!

So I'm going to respond to the last several posts in this one.

1) I don't know where you guys missed the boat that all the old owners are gone.  WE ARE ALL VOLUNTEERS WHO STEPPED UP TO FIX THINGS!  Seriously?  We could have been like the rest of you who sat around and did nothing.  Yes, it sucked and yes it's maddening; instead we got involved in an effort to get all of us our money back.  What do I hear? Endless whining and complaining attacking and accusing us of stealing your money.  So far we've invested a good 50k+USD worth of time and resources into rebuilding the entire exchange from scratch since everything fell apart in April.  Please, complainers, show me where you've done as much effort.

2) The full details and story WILL come out.  As you all know, our crypto currency community is fraught with twisted tales.  I'd rather get all the angles and stories before releasing everything all at once.  Again, this is not new news, it's been talked about since I took over in May-ish that this is coming.

3) Ok, so I thought this was common knowledge but as I'm a tech guy and not a marketing, sales, etc guy it wouldn't surprise me if this knowledge didn't make its rounds.  It is no secret as to how everyone is going to get repaid and I'll outline it below:

I) The new exchange has no insolvency, therefore it will never hinder deposit/withdraw of new items.
II) As each coin is brought online in the new exchange the solvent coins from the old 1.0 exchange are divided up among all users who previously had a balance in that coin.  IE: if 80% of the coins remain, everyone gets 80% reimbursed.
III) Any remaining balance that is insolvent gets pushed into a CRB (CryptoRushBond) that is a fixed IOU of a 1:1 ratio of either BTC or LTC.
IV) Anyone who wants an instant out will be able to sell these CRB's to other members who don't want to take the risk of seeing their debit repaid.
V) As the exchange makes money on it's fees, minus bills to keep the servers running, CryptoRush will buy these CRB's until there are none left.  (CR will not pay more than the initial quoted 'bond value' at time of release so it's solely up to you if you hold on to them or whatever.)


I didn't create the mess and I'm trying to get you out of it so stop attacking us as it's doing you no good towards getting your money back and discouraging those who are working hard to make things a reality.

Had to take it down to update the daemon, will be back up shortly.

Actually you were kicked from the channel, not banned.  Doesn't make what that person did right, just clarifying that you weren't banned.  I'll be having a talk with them.

Hey everyone, another site update:

1) GRAPHS!!
2) Fixed some minor bugs in the UI
  a) addresses now showing up the first time you request one
  b) trade balance will now auto-fill when clicked
  c) misc items I've forgotten
3) LTCD and ACOIN were added


Next up is starting 1.0 balance reimbursement.

API is on it's way as well.

Hey ibelieveso,

A verification email is sent to the email you registered your account with.  Check your inbox/spam folders to see if it's showing up in there.  If you're still having difficulty put in a ticket at https://support.cryptorush.in/ and we'll check it out.

Excellent.  CryptoRush can and will provide the information needed to meet your requested guarantees.

We have submitted a ticket as requested.

This looks very promising for a strong future and I would love to help build that future by looking into the possibilities of listing MidasCoin on CryptoRush.

I warmly invite an audit of the security and integrity of our current systems in order to provide and ensure the best experience for MidasCoin owners.

Good questions.  Thanks for taking the time to reply.

So, to answer your questions.

1) "How will repayment be determined?"  I wish I had a simple and straight answer for you on this one that made everyone happy.  Since the total amount of loss is known the easiest answer would be to divide money made between everyone equal to the percentage of their loss.  This way everyone gets paid back equally, even if it's painfully slow.  I can't say this is the best solution, I know I'd like to see a better method as someone who lost double-digit BTC.

2) "When?"  ASAP.  We kinda need things in place in order to start paying back BTC.  Other coins will be much sooner.  Btw, if you weren't aware, there has been a timeline of events and what to expect next that has been up on the main sites home page for the past few months; which gets updated frequently.

3) Regarding "when can people withdraw?" Well, right now.  I specifically segmented CR1.0 and CR2.0 balances so that there wouldn't be more chaos.  CR1.0 accounts are held in a database statically so we know who exactly is owed what.  When CR2.0 launched everyone started with a "zero balance", which allows people to instantly withdraw as they so desire after making deposits or purchasing.  So how do we integrate the two?  We'll have to manually go through all 180 coins and either refund every user the coins that weren't stolen or give them a BTC credit.  This credit then gets reduced by the income the exchange makes and people will be able to track this over time.  As someone who lost funds I'm sure you can appreciate how important it is to make sure this is done right and carefully executed.


I'll take your wager about beating around the bush on this, how much are we betting?  ... You are right.  It is really sad how hard it is to trust people in this world.  I'm not going to try and convince every person on the forum with just words, like I said, judge me by my actions.  Join the party or get left behind, I wouldn't have gotten myself involved in this whole mess four months ago if I didn't believe all of us could get repaid.