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Showing 20 of 167 results by moribana
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Board Micro Earnings
Re: [ANN] Microwallet.org - API + free faucet script, start your own faucet!
by
moribana
on 10/11/2014, 19:56:10 UTC
microwallet scam? no way.. lack of interest from owner lately? most definitely yes.




I could understand that the owner has no time/interest. But the unfulfilled promises do smell like a scam. The latest one being that all payouts will be processed withing 24 hours. Two days ago... If someone has no time/interest, that person does not keep making promises...
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Topic
Board Micro Earnings
Re: [ANN] Microwallet.org - API + free faucet script, start your own faucet!
by
moribana
on 10/11/2014, 13:35:13 UTC
I am over my threshold for a fortnight now. They are not paying.

Unfortunately, MW is showing all the signs of the last days of a typical bitcoin scam.
I have no concrete information about what is actually going on but it exactly looks
like many previous scams.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 06/01/2014, 11:28:09 UTC

Next thing is... you knew long time that payouts dont work and you did nothing. I probably wouldnt have uploaded my many bitcoins to weexchange if there was a warning about the problems.


This is actually the only point in the whole story that is

1) A fact everyone knows who is involved
2) Proves that Ukyo, at lest in some respects, did not act in good faith to resolve the problems.

Given this, it is very hard to believe anything that we are told.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 26/12/2013, 23:09:31 UTC
Is that same legal reason preventing him from telling people what happened to the coins also the same reason why he allowed people to deposit to WeExchange for 2 months when he knew that the WeExchange users would not be able to receive their coins back?

We might not have much information but don't change the facts. Deposit of funds were disabled less than a month after the withdrawal problems started.
While we have yet to see proof of of the opposite, you can't just make the statement that "he knew that the users would not receive their coins".

I think it is quite clear that WeExchange has suffered from multiple issues as Ukyo also said. At least the bitcoind issue and some legal issue, which probably started around the 20th of November.

You are right that it was not 2 months, but it is true that Ukyo still allowed deposits when he new that withdrawal was practically impossible. At that point he might not have known that funds would get stuck for such a long time but at least he should have warned people that withdrawal was impossible for some time. For some time he failed to do this, in spite of several people asking for this explicitly.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 19/12/2013, 22:41:06 UTC
You can trace at least some of the 6.125% payment back to BTCGuild mining.

I wonder if he simply bought a bucket of hardware with our BTC? Tongue

Isn't it possible that somebody mined that coin and deposited into WeEx? I guess, it depends on the date. Do you know when it left the btcguild address?
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 19/12/2013, 22:40:50 UTC
You can trace at least some of the 6.125% payment back to BTCGuild mining.

I wonder if he simply bought a bucket of hardware with our BTC? Tongue

Isn't it possible that somebody mined that coin and deposited into WeEx. I guess, it depends on the date. Do you know when it left the btcguild address?
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 17/12/2013, 10:40:39 UTC
I don't understand. I have logged in but all I see is a statement of my stuck balance and how much is available, but no button to withdraw anything.  Huh

Initially that was the case for me too. Then I closed the tab and logged in again and the withdraw option was there. I could withdraw and I am now waiting for the confirmations.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 17/12/2013, 00:01:18 UTC
Worth noticing is that prior to BitFunder closing down these USA Laws caused BTC Trading Corp - btct.co to wind down as well.
But somehow Burnside (the exchange operator) managed to sent out every last satoshi to its users without any hiccups.
He even went for extra efforts patching bitcoind daemon just to be able to sent out the whole remaining dust.

No law was prohibiting him from returning users' property.


What US-LAWS? I mean if its the SEC then someone believes they would take half the bitcoins and let half of it in the wallet? Or is it really the hacker story that has to be hunted down now? If its a hacker... you know the hacker already knows you search him. No use in silence.
This better makes sense once explained.

This whole thing just does not make sense. This is the point when they even stopped posting made up explanations. I strongly urge everybody to post negative trust ratings for everyone involved. That is, Ukyo, Graet and Cryptocyprus. Those people who do not know about the Bitfunder scam should also be warned.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 15/12/2013, 12:57:40 UTC
What I want to know that any identity documents I sent to bitfunder and weexchange will be destroyed?

Another question I've been waiting to see answered. Seems to be continually danced around or ignored.

I feel really bad for you guys who have uploaded identity documents to bitfunder or weExchange and urge you take the necessary steps in your country to prevent such documents being used to issue credit or additional forms of identity.  First things you should do are : 1) check with your post offices to see if anyone has filed a "change of address" or mail forwarding form for your mailing address; 2) check with credit rating agency in your country which credit checks have been performed on you since you uploaded the file.  You may need to say that you are suspicious of identity theft because copies of your identification documents came into the possession of someone who is no longer in communication with you and who you have reason to believe is not honest.  You should lastly also check with your governments to see if any change of addresses have been filed with them.

You should do the above immediately.  If identity theft is going on you might not find out for a long time - you'd only find out when you are denied all credit. 

I am not in US or Europe, so I advise you find out what the best way is to deal with this threat in your jurisdiction immediately and take appropriate action. 

Even if Ukyo suddenly shows up and makes a promise not to seek credit using your identity, why should you believe him given what has gone on here.

And before his apologists show up to chime in and say he would't be involved in this - why on earth should anyone accept your advice here - you're at best naive and at worst somehow in cahoots with this long-standing, unresolved and unacceptably disclosed situation where millions of dollars have disappeared and securities are tied up with their dividends withheld.

I do not quite understand this. In the country I live in, you need the original documents to do any of the things you described. You cannot do anything with a photocopy of an ID.
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Topic
Board Securities
Re: [Weexchange issue] The fall of Ukyo III - Updates and references
by
moribana
on 10/12/2013, 16:56:17 UTC

Right... but NEOBEE have their own Business. Helping a scammer for no good reason would hurt their own business badly. Might be they dont have a clue about what really is going on but im pretty sure they are cautious and checked before they jumped in. I mean i wouldnt risk my business so easily.

Your statement is based on the assumption and Neo & Bee want to run a legit business. Unfortunately there is no hard evidence for that.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 09/12/2013, 22:31:54 UTC

The chances of Neo & Bee being involved if they believed ukyo to be pulling a fast one are somewhere between zero and none. Even if it were found that he did something bad, Neo & Bee would do whatever they think would help get the coins back and then he'd have to face up to the law anyway.

I am sorry to say but another more likely interpretation is that Neo & Bee are trying to cover up what Ukyo did, in order to buy him time. The confused communication from Danny makes this more likely than your interpretation. The last thing is that on Friday he delays his update to Saturday saying that by that time he would be able to give more detailed information. And then on Saturday, without any further explanation, he fails to provide any new information, not to mention anything _detailed_. How do you interpret this?

You might have much more information than most of us and might know what has happened. I do not want to pass judgement, simply because I do not have enough information. All I am saying is that appearances suggest that the scenario I described is more likely, therefore I cannot blame anybody for being doubtful. In fact, reading Danny's communication reminds many of us of Labcoin. In this sort of situation making promises you cannot deliver on and giving out ambiguous and incomplete pieces of information (like "coins are gone") inevitably makes the impression that they want to cover up something shady.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 08/12/2013, 22:34:40 UTC
The update that I had planned for today shall now be made at noon (GMT+2) tomorrow. Sincere apologies for this, however the information that can be provided tomorrow will be much more detailed than previously expected.

Can I just humbly ask which part of the update contains that "much more detailed" information that you alluded to? As I understand there are two pieces of new information in the update:

1) Ukyo is in Cyprus

2) The coins are gone.

Am I missing something?
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 07/12/2013, 13:45:02 UTC
Bitcoin is working fine. The main problem is that so many people believe(d) that because something is related to bitcoin, that no laws apply and you can just freely break security regulations all over the world, along with violating money transmitter licence requirements and AML regulations.


Bitcoin may not be broken per se... What is broken is human integrity.


I have to disagree with both of you. The problem is not with Bitcoin or with human integrity. The problem is the same as it has always been - governments. Government regulation is what screwed up the regular financial system and funneled all the money to the so-called 1%. And government regulation is now doing the same to Bitcoin.
Government regulation shut down btct.co, costing a lot of people a lot of money, all in the name of 'protecting investors'. And then the same happened to BitFunder. From Danny's squirming legalese, it is clear that the problem he's helping Ukyo with is a legal one. He can't access the Bitcoins because some government froze them (I think we can all guess which one) and that same government is preventing him from publicly discussing the legal negotiations they are now involved in.
That is also why he claims the solution will be good for the entire Bitcoin ecosystem - because it might clear up the regulatory status of BTC-denominated securities.

For now, I have to begrudgingly support Danny's negotiating efforts, if only in order to get my money back. But if governments kept their dirty hands off Bitcoin, we wouldn't be in this situation to begin with.

+1
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Topic
Board Securities
Re: [Weexchange issue] The fall of Ukyo III - Updates and references
by
moribana
on 06/12/2013, 15:11:56 UTC
an update from cryptocyprus will be released this friday:
https://bitcointalk.org/index.php?topic=289730.msg3818385#msg3818385

Did I miss the update? It is past 5pm in Cyprus. In Europe, this is pretty much the end of the week...
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 04/12/2013, 16:53:31 UTC
hi guys, i was shocked to hear what had happened to bitfunder. I have some bitcoins there as a result from the divided received from my holding. BitFunder site said that " On December 2, 2013, bitcoin balances in the accounts of all users will be transferred to their WeExchange accounts." However, when I checked my WeExchange account, no bitcoins were credited. Is there a delay, or have I been cheated? Any of you guys received your bitcoin from bitfunder into your weexchange account? btw, i am not a us citizen and not a verified member of weexchange. Can anybody advise me on this?

Here is the story so far:

https://bitcointalk.org/index.php?topic=337523.0

So the bottom line is nobody knows whether we get our coins from Bf/WeEx. We are waiting to hear what the deal is with Neo & Bee and there is not even a vague estimate of when we can have any useful information about that.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 03/12/2013, 23:36:56 UTC


I really don't understand this mindset. We have a shitty situation and now have an established company stepping in to try and help resolve the issues. I've asked this before of people voicing similar opinions, but what more do you want? The fact of the matter is, people aren't able to get their coins at the moment. No amount of yelling and stomping your feet is going to change that. But then when it's stated that instead of one person (Ukyo) trying to solve the problem, we get an additional company to help as well, this is somehow seen as a negative?

If Neo & Bee somehow manage to lose more coins as a result of stepping in, then you'd have a case. But in literally any other scenario, their assistance isn't hurting anyone. Quite the opposite in fact.

I don't understand what you don't understand. Nobody doubts that the chances of salvaging some btc from WeEx got higher by Neo & Bee stepping in. What people are worried about is how this will affect Neo&Bee. All people see is that Ukyo lost a lot of btc and then Neo&Bee steps in to try and save the situation. It is very hard to imagine that this can be done without actually spending some Neo&Bee funds. What this will buy them in the long run is not at all clear at the moment.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 03/12/2013, 17:28:47 UTC
The excuse was holidays, now they are over what is the next excuse? This is getting ridiculous

They couldn't proceed with whatever they needed to do because of the holidays. We have had a whole 1 US working day since then. It's should be evident that whatever needs to happen is not a 1 day fix.



What is your estimate of the time scale we are talking about? I have seen no concrete info either from Ukyo or Danny whether we are talking about days, weeks, months or years. Is there anything out there that I missed?
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Topic
Board Securities
Re: [Weexchange issue] The fall of Ukyo III - Updates and references
by
moribana
on 03/12/2013, 16:02:03 UTC
Anyone thinking of doing silly things or not prepared to wait a bit longer can lawyer up and have them speak to neo. Your lawyer can then advise you accordingly. Danny has said he will do this.

Although the story is not complete/public, Ukyo has not scammed anyone and if someone goes so far as to break the law in retribution for something that hasn't happened, it's going to bite you back. So lawyer up first and do it properly. There are clearly problems but it is not a scam. In either case, a lawyer is the proper way to deal with it.

Or you could wait for the results of neo's input bearing in mind last week were US holidays.

What do you exactly mean by ``something that hasn't happened''? Our funds have been held by Ukyo for at least a month and it is not clear that we are getting anything back. Even if we get everything, there will be no compensation for lost opportunities. This much has happened.

I agree, though that the fact that Ukyo broke the law does not authorize or warrant anybody else to act in a similar way. On the other hand, I do not quite understand why Danny or Ukyo would be more likely to give out any useful information to lawyers that we hire than to us directly. 
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Topic
Board Scam Accusations
Re: The WeExchange 2nd Stage Con! Currently ~$1,250,000 (Check the NEWS)
by
moribana
on 02/12/2013, 17:14:54 UTC
Anyone had contact with ukyo in the last days? The last 2 times he didnt answer me on irc... is it only me?

And also WeExchange does not work. The site is still online but I tried to login a couple of times and it is not possible.
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Topic
Board Securities
Re: [BitFunder] Moving Forward/Resolution Process
by
moribana
on 30/11/2013, 20:00:53 UTC

It is not rubbish he indeed discovered a flaw in the Bitcoin protocol. The flaw is if you ever gave your bitcoins to a person in promise for them to return the bitcoins, they might run away with your them.

Wink

To be fair, this bug was discovered much earlier by many others. Ukyo cannot claim priority here  Wink