Topic: [BitFunder] Moving Forward/Resolution Process - page 80. (Read 292138 times)

I can also verify the beta site's existence.

No one has to use anything, but if neo are part of it then it has full oversight and support rather than being a one man band. We can all see how that turns out these days, not just with WeEx.

Okey ThickAsTHIEVES.....a name you can trust. Thanks for that asicminer scam btw you piece of shit.

 
Cheers,
QG

[02:02] So looking forward, you've placed yourself/WeEx in a position to sidestep any similiar problems you have encountered with version 1.0?
[02:02] <@Ukyo> yes.
[02:02] <@Ukyo> going forward the issue at hand is not expected to repeat.
[02:02] <@Ukyo> and to that extent, the new weex site is looking nice.
[02:02] <@Ukyo> and a solution to current weex traders is being put together
[02:03] <@Ukyo> (most of my time has been working on the problem of getting people coins)
[02:03] i suggest you do some kind of q&a every few days
[02:03] <@Ukyo> i had been working on the new site through the year
[02:03] <@Ukyo> QG can vouch for that
[02:03] <@Ukyo> he's seen the early revision of it
[02:03] <@Ukyo> and used it

Listen, everyone is aware of the notoriousness of failed communication within bitcoin. This isn't new. The fact that this industry is growing at such a rapid rate and serious sums of money are beginning to be involved, should convey a need to be mindful of any potential litigation that could come as a result.

Anyone who's dealt with corporate/business litigation will understand the potential for implicating oneself depending on what's said in a public forum. It doesn't surprise me in the least that all information isn't being disseminated. It's easy to say what should and should not be said when you're not subject to imprisonment/fine for saying the wrong thing at the wrong time.

Providing detailed information of the problems at hand the second they arise so the community/investors affected can help come to the best conclusion.

Oh your word? Why tyvm, I will put it right in the box where I keep Sony Vleisides' word that he'll explain everything next week back two years ago.

Here's YET ANOTHER reminder to only do business with entities that are actually vetted by the people who know what they're doing, rather than with non-entities that acquired a forum handle. Herp.

Hello everyone,

I know everyone here is waiting for "the big announcement".

I have been brought in by Jon (Ukyo) to help with the situation. For those who do not know me, I am Danny Brewster of Neo & Bee (https://bitcointalk.org/index.php?topic=289730.0;topicseen) Neo & Bee has agreed to take an active role in ensuring this situation gets resolved.

I have a full understanding of the situation and have agreed to work with Jon to help sort out the problem in the best and quickest manner possible. At this point in time it is no longer possible to be immediately able to pay out all users. Jon has been working to ensure that a process is in place to remedy this situation and to ensure that all users get the bitcoins owed to them. This is the unfortunate reality of the situation. The biggest question is going to be “why or how has this happened?” I will be providing the answer in full, however right now it is impossible for what I would describe as legal reasons, but the answers are coming, that I promise, but cannot give an exact time as to when this information can be made public.

To this end, we would like to ask that everyone continues to be patient while the final preparations are put in place that will allow for users to enable recovery of their funds, the holidays in the United States are not helping with this specific matter in the slightest.

Everyone at Neo & Bee are now involved in this resolution process.

Unlike other situations where an inability to payout bitcoins to users has occurred, Jon has been fully committed to ensuring that payouts will happen. He has not gone into hiding and continues to try to make himself available to people on IRC on a fairly consistent basis. You have trusted Jon with your bitcoins and as of right now, you are being told that there is no immediate solution. At this point, Jon has two options: first he can continue to work with the community to ensure that the issue is resolved properly, or he can throw his hands up and simply say "sorry, there’s nothing I can do". I prefer option one as I think many of you will as well, so that is why I am throwing myself and my team behind this effort to ensure solutions are implemented and successful.

I know both myself and Jon would like to be able to post everything out in the open to give a full explanation about everything that has brought everyone into this position and what is currently going on to resolve this issue. I understand that this is not the optimal solution for any one person, however we believe that it is the best solution for everyone.

You can have my word that everything conceivably possible, to resolve these problems are being done to the best of our abilities.

I would like to thank you for your understanding and cooperation so far and we look forward to having this situation resolved as soon as possible.

The tone of this prompts me to ask: if you had it your way (understanding that there are many other people involved) what would be your suggestion for how to handle this? And saying something like "not get in this position in the first place" isn't a suitable answer - Neo & Bee had nothing to do with BitFunder's operation or its downfall, but appear to be stepping in to provide assistance.

I'm so disgusted at everyone involved in this big ass scam....absolutely disgraceful. This is why i hate the bitcoin industry sometimes. Just lies after lies after lies...christ i'm sick of it.

in what way is this informative :/, what information did you gather from this. please share, Ive read every line in that link

[01:23] <@Ukyo> We were hoping for a much more detailed post
[01:23] <@Ukyo> but as that one says, that is getting delayed by holidays
[01:24] <@Ukyo> We have been pushing non-stop daily for a while now on things
[01:24] <@Ukyo> and this is the best we have, take it or leave it.

[01:53] <@Ukyo> as long as btc price goes up
[01:53] <@Ukyo> everyone will be VERY happy about this

[01:58] <@Ukyo> the loan is going to help Bitcoin grow.
[01:58] <@Ukyo> I don't doubt that.
[01:58] <@Ukyo> the seeds have been planted.

[01:59] <@Ukyo> Hopefully in the next few weeks you will see it.
[01:59] <@Ukyo> I woudl not be surprised if it does not cause the price of bitcoin to jump by $100
[01:59] <@Ukyo> or much more

01[02:02] So looking forward, you've placed yourself/WeEx in a position to sidestep any similiar problems you have encountered with version 1.0?
[02:02] <@Ukyo> yes.
[02:02] <@Ukyo> going forward the issue at hand is not expected to repeat.
[02:02] <@Ukyo> and to that extent, the new weex site is looking nice.
[02:02] <@Ukyo> and a solution to current weex traders is being put together
[02:03] <@Ukyo> (most of my time has been working on the problem of getting people coins)
[02:03] i suggest you do some kind of q&a every few days
[02:03] <@Ukyo> i had been working on the new site through the year
[02:03] <@Ukyo> QG can vouch for that
[02:03] <@Ukyo> he's seen the early revision of it
[02:03] <@Ukyo> and used it

[02:05] <@Ukyo> bf was created as a small project
[02:05] <@Ukyo> to help the community
[02:06] <@Ukyo> its grew far more than i ever expected to
[02:06] <@Ukyo> and was not designed for that purpose
[02:06] <@Ukyo> unlike weexchange whose systems and designs have almost 2 years into them

[02:09] <@Ukyo> my focus has mainly been on weex.
[02:10] <@Ukyo> at which I am focusing on completely
[02:10] <@Ukyo> primarily in regards to the current problem
[02:10] <@Ukyo> if we can work through the current problem, while some may not ever try weex again, others will see that it will be the first one to hit a wall and climb over.

[02:07] Was there a certain point or time when you realized or knew BF got to "big"?
[02:08] <@Ukyo> CuWireBeard: the moment i decided to shut it down

Let me guess. You have funds stuck in that failed exchange.

Maybe Ukyo is a major share holder of NEO&BEE and it'll be inconvenient if he dumps all the stocks.