Accordingly to latest update by btc-e, this topic is no longer relevant and will be closed after the proposed BTC-E system works - https://bitcointalk.org/index.php?topic=2075551.20

Accordingly to latest update by BTC-E, the topic is closed - https://bitcointalk.org/index.php?topic=2075551.20

A new update to the topic regarding latest BTC-E statements - https://bitcointalk.org/index.php?topic=2049626.msg20619699#msg20619699

A new update from btc-e - https://bitcointalk.org/index.php?topic=2063529.20

In English:

1. We were able to receive an access to our databases and wallets. Right now we are checking coin balances, this information will be published next week.
2. We confirm that fiat flows were getting through Mayzus Financial Services Ltd service and right now fiat accounts are seized (arrested/blocked).

Although, the odds to get fiat seems much higher now I am still willing to conduct these deals, however probably with lower interest rate. Contact me if you're interested and we can figure out the appropriate price.

BTW respected escrow SebastianJu has reviewed the steps and has expressed his interested in providing his services for this deal.

As for 31 July, the deal is still actual.

and some FUD for you:

Do not miss a chance, when everything is clear with the future of money on BTC-E, the deal will be gone!

Main topic: https://bitcointalk.org/index.php?topic=2049626

JFYI, here is the official post by btc-e:

https://bitcointalk.org/index.php?topic=2056158

You can watch for new posts here:
https://bitcointalk.org/index.php?action=profile;u=33012;sa=showPosts

Unfortunately, it's in Russian so you need to use google translator to translate the posts.

In any case, for those who interested I do want to add some FUD and remind that:

Do not miss a chance, when everything is clear with the future of btc-e, the deal will be gone!

You do not need to believe in that because I will send money as a security measure to the escrow as well.


Just will post here an official topic by BTC-E:

For those who understand Russian:
https://bitcointalk.org/index.php?topic=2056158.0

For those who don't:

At the moment, part of the service facility is arrested by the FBI.
The next update will be information on what options are available to restore the service, as well as the procedure for obtaining funds, in the event that the service is not started. In the current situation, if the service is not started before the end of August, Then from September 1 we will start the process of refund.
In the next 1–2 weeks, we will evaluate and publish information about how much money fell into the hands of the FBI and what amount of funds is available for return.
For all those who buried us, I will remind you that the service has always worked on trust and we are ready to answer for it.
The funds will be returned to everyone!
Arrest of the Russian Vinnyk Alexandra:
Officially declare — Alexander was never the head or employee of our service.
Sincerely, btc-e

No, the seller will still get 10k$. See description below.


This is accurate.

Additional description:

The seller (me) will get 10k$ (seller's 5k$ used as a safety measure + buyer's 5k$) even if BTC-E is not back. Overall, there are two cases when the seller (me) gets 10k$:
1. BTC-E is not back
2. BTC-E is back, and I generate a 10k$ BTC-E code (and obviously send it to escrow)

There is only one case when the seller (me) does not get 10k$:
1. BTC-E is back, and I do not generate 10k$ BTC-E code

The idea here for me as a seller is that I transfer the risk to the buyer today. For taking this risk, the buyer receives an opportunity to double his capital in a really short amount of time. This deal might be attractive to those buyers who have an aggressive investment strategy. Just as an example, this is similar to how MTGOX coins were sold for real coins a while back. The roulette double down example is pretty close, although the odds of success are completely different.

The only problem I see right now is that I should increase the safety measure from my side, so it is never profitable for me to back out even in case if BTC-E is back. Now I think the safety measure from my side should be calculated by a formula: ([sold_btce_code_value] - [price_paid_by_buyer]) * 120% + [escrow_commission]. So in our example, I should pay ~6k$ as a safety measure.

I will update the post to reflect these changes and to add more accurate description in a few hours

UPD: Original post updated

Indeed it may never come back, but in case it will come back many people will pull their hair out.

I know you will not trust my words as it is in my interest to write this, but I really believe btc-e is another story than ltcgear or mtgox. It has been very profitable for owners during these years, I'm sure it is not in their interest to close it.

Hello!

I need somebody experienced in working with the cryptocurrency speculators and investors community to help me find people to conduct several deals described in this post - https://bitcointalk.org/index.php?topic=2049626.0

The proposed deal is not a scam but a real win-win proposal for an investor/speculator who is ok with high risks. If you have any questions in terms of this - ready to answer them.

I'm willing to pay higher rates for the best, most trusted, and experienced marketing or sales persons.
Flexible in terms of payment (BTC, USD, USDT). Would like to pay fixed daily payment + percentage of the conducted deals.

Contact me via messages on this forum with links to your CV a description on how you can be valuable here. I may respond with a few hours delay.

Thank you!

Still actual as of 07/28. Do not miss a chance!

Still actual. Do not miss a chance!

The proposal is still actual as for 07/27. Do not miss it.

The gains are fair compared to the risks. One cannot argue there is still a high chance of BTC-E getting closed. The exchange may also get back online, considering the amount of money they made before last events. I really do not know the odds. Let's say they are fifty-fifty. Unfortunately, for some portion of my dollars left on btc-e I just cannot accept any risk. You may ask why I left this money on BTC-E. Well, I should have asked myself this question a few weeks earlier...


How can I remove self-moderation? Should I create a new post? Still, everything must be processed with the help of somebody more reputable than me, thus I do not see any issues with the post being self-moderated.

Not sure if it's a right place to mention this topic, but still it involves altcoin so please check this post for more info:

https://bitcointalk.org/index.php?topic=2049626.0

Potentially a very profitable opportunity:

https://bitcointalk.org/index.php?topic=2049626.0

In addition, we can also consider MTGox case as the basis, calculating time frame with the formula: (Time when MTGox buzz starts - Time when MTGOX is closed) * 130%. So 30% is an additional buffer. What do you think?

Yes, you have described it correctly, but I'm open to proposals in terms of the time frame and I think we can find a reasonable period for this.

If you suggest 1 year period - Neither I think it will take 1 year for BTC-E to get back online nor to understand that it is closed. Plus exactly 1 year is not acceptable for me on this stage.

What do you think about 5 months time frame?

UPD: Updated the post with 5 months time frame

Overview:

I'm selling USD left on my account on http://btc-e.com exchange using BTC-E codes with escrow. Concerning latest events, I will call it selling "BTC-E Code Liability." You can potentially gain 170-200% of your initial investment, hence almost double your money in a matter of a few months or maybe even weeks. For me, this is an opportunity to eliminate the risks for a part of my money left on the BTC-E exchange.

You can get 2x on your money, but
this is not a scam, so there is a risk for you if BTC-E does not get back online.
Still, if you get into this deal intelligently we both win so you can have a good profit, and I will get eliminated risks.


Trading steps:

1. You choose an escrow agent. You may choose from the list of most reputable agents on this forum who already expressed their interest in providing their services for this deal. In case if you want to propose another agent, this must be a reputable person in our community with previous escrow experience and references.
2. You send me a PM with a price quote, your questions and whom you propose as an escrow agent.
3. We decide on the price. I clarify any questions you have. We talk to the escrow agent you submitted.
Let's now assume we agreed that I sell you 10000$ worth of BTC-E codes for 5000$ (Tether), so you receive 2x your initial investment in case if BTC-E goes back online.
4. You send 5000$ (tethers) to the account of the escrow agent.
5. I send ~6000$ (tethers) to the account of the escrow agent as a security measure. I'll do this so you can trust me that I will generate the code. The exact amount will be calculated by formula: ([sold_btce_code_value] - [price_paid_by_buyer]) * 120% + [escrow_commission]
6. Escrow agent locks your 5000$ and mine 6000$ for 5 months.
7. If during these months btc-e exchange went back online and there was a way for me to generate a BTC-E code, I'll generate it and send it to the escrow agent.
8. The escrow agent will use the code on BTC-E and generate a new one. To check the code and its price.
9. The new code will be sent to you, and you will deposit money to your account.
10. Finally, the escrow agent releases all the money minus escrow fee (11k$ - fee) to my tether account after the BTC-E code is generated or after 5 months have passed.

If I do not generate a code (in case BTC-E is back online and the code can be generated), or somehow try to fool you the escrow agent will release 11k$ your money to your tether account.


Escrow:

• SebastianJu - an experienced legendary escrow. Check out his posts below in this topic.

FAQ:

What is the minimum trade you are willing to conduct?
I'm ok trading on this deal with multiple people, breaking it on several batches. The smallest trade I'm interested in is for 1000$ but the ideal batch would be 10-50k$.

Why did you choose 5 months period?
I feel this is a reasonable amount of time considering the previous similar case and official response.

In which cases do you receive the money from the escrow?
The seller (me) will get 11k$ (seller's 6k$ used as a safety measure + buyer's 5k$) in two cases:
1. BTC-E is not back
2. BTC-E is back, and I generate a 10k$ BTC-E code (and obviously send it to escrow)

In which cases I receive the money from the escrow?
1. BTC-E is back, and the seller (me) does not generate 10k$ BTC-E code

Why would I be interested in this deal?
If you have an aggressive investment strategy and you want to have an opportunity to double your capital this might be interesting for you.

When should I ignore this deal?
1. If you are not ok with high risks.
2. If you cannot accept potentially losing your investment in the case when BTC-E is not back online.
P.S. Trade only the amount of money you are ok to lose.


Changelog:

• 31 July - An experienced legendary escrow SebastianJu is reviewing the trading steps and has expressed his interest in providing escrow services. See his posts below on this topic.
• 31 July - Added FAQ section.
• 31 July - Increased security measure from my side and changed the formula.
• 27 July - Changed period to 5 months.