Topic: [BitFunder] btcQuick - Bitcoin Sales Service - page 9. (Read 94180 times)
Alright; who lives in the US and can find out what happened to ascension?
Any other contact details for him? Anyone tried giving him a call?
I propose we have the domain name auctioned then.
Good idea.
Ascension is a fucking LOSER who failed at all aspects of this endeavor, costing us thousands of bitcoins.
There is no way we will ever see a single satoshi from this, EVER.
Give it up guys.
There is no way we will ever see a single satoshi from this, EVER.
Give it up guys.
Am I the only one who is a little bit concerned about Ascensions absence?
Is the domain name btcquick.com count as an asset?
Yes both the corporate name btcQuick and the domain https://btcquick.com/ has some value for a potential buyer in the bitcoin sector, maby someone behind a similar business can buy it and get part of the thousands of customers btcQuick had as new customers in there business in the future.I propose we have the domain name auctioned then.
Is the domain name btcquick.com count as an asset?
Yes both the corporate name btcQuick and the domain https://btcquick.com/ has some value for a potential buyer in the bitcoin sector, maby someone behind a similar business can buy it and get part of the thousands of customers btcQuick had as new customers in there business in the future.
Is the domain name btcquick.com count as an asset?
yeah btcquick is definitely offline
i wonder when we will get an answer from ascension
i wonder when we will get an answer from ascension
Where is the report about the remaining funds?
That's a good question, the memo should have been posted 10-16 mars accourding to what Ascension said the 9 mars:btcQuick is not operating and it has been decided that the company will be dissolved and the remaining funds will be returned to the investors.
We decided that this would be the best option in light of our new merchant account being a complete joke, ACH payments are extremely fraud prone, U.S. regulation ,and our bank account has been put on hold. Due to the Credit card and ACH chargeback windows we will have to wait 6-12 months before we can return the funds back to the investors.
I will issue an official memo in the coming week along with a current assets report/listing.
Thank you for your support,
Ascension
Where is the report about the remaining funds?
The money comes out of what they are holding, after 6-12 months and all the chargebacks are collected they give you whats left if you have excessive amount they can extend it for up to 18 months, and he may end up owing money to the CC company.
I don't know US laws, does bank have to pay back when people charge back? Why they don't give seller opportunity to prove the honest transaction?
Credit card company due hold payment for 6-12 months for any charge backs. I know this for a fact cause I ran the same type of business and got burned that way.
Hello,
I have a question, do you have to pay back those chargebacks or you still have the money after 6~12month?
Credit card company due hold payment for 6-12 months for any charge backs. I know this for a fact cause I ran the same type of business and got burned that way.
btcQuick is not operating and it has been decided that the company will be dissolved and the remaining funds will be returned to the investors.
We decided that this would be the best option in light of our new merchant account being a complete joke, ACH payments are extremely fraud prone, U.S. regulation ,and our bank account has been put on hold. Due to the Credit card and ACH chargeback windows we will have to wait 6-12 months before we can return the funds back to the investors.
I will issue an official memo in the coming week along with a current assets report/listing.
Thank you for your support,
Ascension
retiring on the 3200++ BTC you raised ?
Anyway, btcQuick is not Labcoin. I see their hard work and I appreciate their effort on running this business for themselves and investors. I feel very, very sorry to the upset situation.
When we get to the closure of this business. I suggest the following steps:
- Read the financial report and determine how many Bitcoins and USD at current time
- If the Bitcoins are under control, please return Bitcoins to investors a.s.a.p
- Wait for expiration of the hold period and determine what left in the account. I suggest btcQuick to provide poof of this holding.
- Return the left USD to investors by Bitcoin
Finally, thanks for btcQuick's hard work before. Wish you can have another business in BTC world and make big success!
Please make a response to this,Ascension. When we get to the closure of this business. I suggest the following steps:
- Read the financial report and determine how many Bitcoins and USD at current time
- If the Bitcoins are under control, please return Bitcoins to investors a.s.a.p
- Wait for expiration of the hold period and determine what left in the account. I suggest btcQuick to provide poof of this holding.
- Return the left USD to investors by Bitcoin
Finally, thanks for btcQuick's hard work before. Wish you can have another business in BTC world and make big success!
At least I can stop checking this thread hoping against hope that you'd figure out what you were doing.
Anyway, btcQuick is not Labcoin. I see their hard work and I appreciate their effort on running this business for themselves and investors. I feel very, very sorry to the upset situation.
When we get to the closure of this business. I suggest the following steps:
- Read the financial report and determine how many Bitcoins and USD at current time
- If the Bitcoins are under control, please return Bitcoins to investors a.s.a.p
- Wait for expiration of the hold period and determine what left in the account. I suggest btcQuick to provide poof of this holding.
- Return the left USD to investors by Bitcoin
Finally, thanks for btcQuick's hard work before. Wish you can have another business in BTC world and make big success!
When we get to the closure of this business. I suggest the following steps:
- Read the financial report and determine how many Bitcoins and USD at current time
- If the Bitcoins are under control, please return Bitcoins to investors a.s.a.p
- Wait for expiration of the hold period and determine what left in the account. I suggest btcQuick to provide poof of this holding.
- Return the left USD to investors by Bitcoin
Finally, thanks for btcQuick's hard work before. Wish you can have another business in BTC world and make big success!
Why not exlude funds that are affected by possible CC and ACH chargebacks and payout the non affected funds to investors in the next few weeks? When the chargeback windows have closed the remaining funds could be paid out?
Likely a much better solution than waiting up to 12 months to pay out everybody
Likely a much better solution than waiting up to 12 months to pay out everybody
+1
Hopefully not all the remaining funds are affected by the chargeback windows ...
I want to get what BTCQuick has left now right away. Ascension must pay investors money as soon as possible. Remaining bitcoins is easy to pay back through dividends right now.
Remaining FIAT reserves must be converted to BTC right away and returned to investors. If Ascension doesn't do that we must assume that he tries to scam us. He buys bitcoins now, but in the future will say that he buys them at much higher exhange rate, for example 2,000 dollars in 6 month. That way he scams most of funds from the investors.
Making us wait for so long is also a way to scam us more. Investors will start to accept that we won't get anything and will stop to demand our money back.
We must demand financial report from Ascension to tell us about all remaining funds right away. If he doesn't give as financial report really soon and return those funds that are available right now, then it means he wants to scam us. Pay what you have now right away. When more funds become available in 6-12 month, you will pay them then!
Don't let this become another scam like so many that happened lately!
Ascension, you must act quickly and tell about the remaining funds right away. You don't have your company any more, there is no more business, if you fail to give us report, we will start to give you negative trust and will sue your company.
Your scamming strategy to pay in 6-12 month is bullshit and we know it!
The simple fact is our merchant account has a 6 month reserve and our bank is placing a 6 to 12 month hold on the account. Meaning I cannot withdraw any funds at all until this period is over. I will supply a summary of what is in the merchant account, what is in our bank account and what BTC we have remaining. It is my goal to be transparent and ensure that our investors get back every dime that remains. Unfortunately several companies have raised funds on bitfunder and then disappeared, I would ask that you all treat this differently to make this process easier on everyone. At this time I cannot withdraw any fiat funds from any of our accounts, meaning I cannot convert it to BTC now.
First of all: I trust you..
but could you please post official documents which confirm this 6-12 months hold? And is there any way to bypass or solve this hold? What caused this hold?
Also, do you think we can apply one of the investors as trusted person who is in direct communication(email, phone, addresses) with you until all remaining assets are transfered to investors?
Why not exlude funds that are affected by possible CC and ACH chargebacks and payout the non affected funds to investors in the next few weeks? When the chargeback windows have closed the remaining funds could be paid out?
Likely a much better solution than waiting up to 12 months to pay out everybody
Likely a much better solution than waiting up to 12 months to pay out everybody
+1
Hopefully not all the remaining funds are affected by the chargeback windows ...
I want to get what BTCQuick has left now right away. Ascension must pay investors money as soon as possible. Remaining bitcoins is easy to pay back through dividends right now.
Remaining FIAT reserves must be converted to BTC right away and returned to investors. If Ascension doesn't do that we must assume that he tries to scam us. He buys bitcoins now, but in the future will say that he buys them at much higher exhange rate, for example 2,000 dollars in 6 month. That way he scams most of funds from the investors.
Making us wait for so long is also a way to scam us more. Investors will start to accept that we won't get anything and will stop to demand our money back.
We must demand financial report from Ascension to tell us about all remaining funds right away. If he doesn't give as financial report really soon and return those funds that are available right now, then it means he wants to scam us. Pay what you have now right away. When more funds become available in 6-12 month, you will pay them then!
Don't let this become another scam like so many that happened lately!
Ascension, you must act quickly and tell about the remaining funds right away. You don't have your company any more, there is no more business, if you fail to give us report, we will start to give you negative trust and will sue your company.
Your scamming strategy to pay in 6-12 month is bullshit and we know it!
The simple fact is our merchant account has a 6 month reserve and our bank is placing a 6 to 12 month hold on the account. Meaning I cannot withdraw any funds at all until this period is over. I will supply a summary of what is in the merchant account, what is in our bank account and what BTC we have remaining. It is my goal to be transparent and ensure that our investors get back every dime that remains. Unfortunately several companies have raised funds on bitfunder and then disappeared, I would ask that you all treat this differently to make this process easier on everyone. At this time I cannot withdraw any fiat funds from any of our accounts, meaning I cannot convert it to BTC now.
The only logical is to keep the absolute minimum amount of funds in fiat, when there is no active selling of BTC to customers there is no point in holding any substancial amount of funds in fiat, just the amount needed for paying servers and such until contracts ends or maby even prepay that and have that fixed. Just keep the majority of funds in BTC as the btcQuick shares values surely outweighs any possible valid CC chargeback claims and we also have the fact that btcprice is relatively low now compared to the recent high of over 1000 usd/coin and most people think btc price will rise over the next 6-12 months time.
Is/will there even (be) a single chageback that has a valid claim, highly doubtful, if there is any claims more than likely the majority will be frauds.
Anyway Ascention said he would issue an memo this week, there will probably be more info there.
Is/will there even (be) a single chageback that has a valid claim, highly doubtful, if there is any claims more than likely the majority will be frauds.
Anyway Ascention said he would issue an memo this week, there will probably be more info there.
btcQuick is not operating and it has been decided that the company will be dissolved and the remaining funds will be returned to the investors.
We decided that this would be the best option in light of our new merchant account being a complete joke, ACH payments are extremely fraud prone, U.S. regulation ,and our bank account has been put on hold. Due to the Credit card and ACH chargeback windows we will have to wait 6-12 months before we can return the funds back to the investors.
I will issue an official memo in the coming week along with a current assets report/listing.
Thank you for your support,
Ascension
We decided that this would be the best option in light of our new merchant account being a complete joke, ACH payments are extremely fraud prone, U.S. regulation ,and our bank account has been put on hold. Due to the Credit card and ACH chargeback windows we will have to wait 6-12 months before we can return the funds back to the investors.
I will issue an official memo in the coming week along with a current assets report/listing.
Thank you for your support,
Ascension
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