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Topic: [BitFunder] Ukyo.Loan - Paying 0.05% daily. - page 12. (Read 74727 times)

hero member
Activity: 546
Merit: 500
Any news on the portal?
sr. member
Activity: 294
Merit: 250
Ukyo, you said here https://bitcointalksearch.org/topic/m.3490017 that Weex has some big news coming soon.  Can you clarify what that big new was in relation to?  Did this news have any relation to the problems you are currently dealing with?

sr. member
Activity: 448
Merit: 250
Ukyo, Can you tell us what you invested the BTC in?

Also why can you not liquidate these holding to repay some of the BTC owed?
He at least invested in Labcoin and ActiveMining (it's easy to find posts or IRC logs saying so), but I suppose (giving the benefit of the doubt) this is mostly Ukyo.Loan.

Well I guess that answers why he cannot liquidate.   

Incorrect.
I put around 200~250btc of my personal funds in between ActM and LC.
As you stated though, LC did not work out for anyone, and no one knows the current state of ActM. If there is a state at all.
Ken is currently holding everyone's shares of ActM hostage by not following through on re-listing ActM as he said many weeks ago or provided any updates.

Quote
[18:59] ukyo... ken doesnt do manual transfers
[19:00] i asked once
[19:00] how long ago?
[19:01] after the shares were hold with ken only...

So for anyone who thinks that Ken is only locking my shares of ActM, they probably do not realize it is because all shares are locked.

The funds that were invested are not in a form of "shares" that could easily be liquidated.

-Ukyo
sr. member
Activity: 294
Merit: 250
Ukyo, Can you tell us what you invested the BTC in?

Also why can you not liquidate these holding to repay some of the BTC owed?
He at least invested in Labcoin and ActiveMining (it's easy to find posts or IRC logs saying so), but I suppose (giving the benefit of the doubt) this is mostly Ukyo.Loan.

Well I guess that answers why he cannot liquidate.   

sr. member
Activity: 294
Merit: 250
Ouch, bummer.

Did the stuff you invested in with the loan deliver some BTC over the last few months? (And did you keep it out of WeEx? :p)

Not yet. That's why things are still in progress. :/
I would like to see some positive results by end of Jan.
It just depends on all the bureaucracy and red tape involved for some of it.

-Ukyo

Ukyo, Can you tell us what you invested the BTC in?

Also why can you not liquidate these holding to repay some of the BTC owed?

sr. member
Activity: 448
Merit: 250
Ouch, bummer.

Did the stuff you invested in with the loan deliver some BTC over the last few months? (And did you keep it out of WeEx? :p)

Not yet. That's why things are still in progress. :/
I would like to see some positive results by end of Jan.
It just depends on all the bureaucracy and red tape involved for some of it.

-Ukyo
sr. member
Activity: 476
Merit: 250

What about the funds loaned to you personally? Since the WeExchange thread is all about company vs personal, how does that relate to Ukyo.Loan? Since those funds have nothing to do with BF or WeEx.

Please provide some info on what will be able to get claimed? 10%? 20%? 50%? All? Dividends included? Some info

This is where I got screwed just as bad as everyone else from the situation. (Not that others care about my losses which far exceeded most.)
The bitcoins remaining from the loan shares were held with WeExchange like everyone else.

I am still working to make use of progress from loan which should be allow to get dividends going again as soon as things are ready.
This should also lead towards redemption as well.

-Ukyo

Ouch, bummer.

Did the stuff you invested in with the loan deliver some BTC over the last few months? (And did you keep it out of WeEx? :p)
sr. member
Activity: 378
Merit: 250

What about the funds loaned to you personally? Since the WeExchange thread is all about company vs personal, how does that relate to Ukyo.Loan? Since those funds have nothing to do with BF or WeEx.

Please provide some info on what will be able to get claimed? 10%? 20%? 50%? All? Dividends included? Some info

This is where I got screwed just as bad as everyone else from the situation. (Not that others care about my losses which far exceeded most.)
The bitcoins remaining from the loan shares were held with WeExchange like everyone else.

I am still working to make use of progress from loan which should be allow to get dividends going again as soon as things are ready.
This should also lead towards redemption as well.

-Ukyo
Hope U can make things become normal as soon as possible!
sr. member
Activity: 448
Merit: 250

What about the funds loaned to you personally? Since the WeExchange thread is all about company vs personal, how does that relate to Ukyo.Loan? Since those funds have nothing to do with BF or WeEx.

Please provide some info on what will be able to get claimed? 10%? 20%? 50%? All? Dividends included? Some info

This is where I got screwed just as bad as everyone else from the situation. (Not that others care about my losses which far exceeded most.)
The bitcoins remaining from the loan shares were held with WeExchange like everyone else.

I am still working to make use of progress from loan which should be allow to get dividends going again as soon as things are ready.
This should also lead towards redemption as well.

-Ukyo
sr. member
Activity: 476
Merit: 250
And why not?? I seriously hope it's not just a website and there is some coin available. At least the 6% or so the others got.

The portal will just be for claiming to start.

The funds distributed to WeExchange users were not my funds to use, hold or pay personal debts with.

What about the funds loaned to you personally? Since the WeExchange thread is all about company vs personal, how does that relate to Ukyo.Loan? Since those funds have nothing to do with BF or WeEx.

Please provide some info on what will be able to get claimed? 10%? 20%? 50%? All? Dividends included? Some info
sr. member
Activity: 448
Merit: 250
And why not?? I seriously hope it's not just a website and there is some coin available. At least the 6% or so the others got.

The portal will just be for claiming to start.

The funds distributed to WeExchange users were not my funds to use, hold or pay personal debts with.
hero member
Activity: 546
Merit: 500
Looks like he got the AM claim page up and working so hopefully he will begin compiling the loan portal soon.

Are the AM people able to redeem shares and get bitcoins out at all?

In other words, when the portal comes up, will there be some bitcoins available for us? Or just a website :-/.

Well, my logic tells me it will be only website. I cannot imagine that ukyo would be repaying his personal loan before the bitcoins that are "stuck" on weexchange

And why not?? I seriously hope it's not just a website and there is some coin available. At least the 6% or so the others got.
hero member
Activity: 656
Merit: 500
Looks like he got the AM claim page up and working so hopefully he will begin compiling the loan portal soon.

Are the AM people able to redeem shares and get bitcoins out at all?

In other words, when the portal comes up, will there be some bitcoins available for us? Or just a website :-/.

Well, my logic tells me it will be only website. I cannot imagine that ukyo would be repaying his personal loan before the bitcoins that are "stuck" on weexchange
hero member
Activity: 546
Merit: 500
Looks like he got the AM claim page up and working so hopefully he will begin compiling the loan portal soon.

Are the AM people able to redeem shares and get bitcoins out at all?

In other words, when the portal comes up, will there be some bitcoins available for us? Or just a website :-/.
hero member
Activity: 583
Merit: 500
Bitcoin for all & all for Bitcoin
Looks like he got the AM claim page up and working so hopefully he will begin compiling the loan portal soon.
hero member
Activity: 546
Merit: 500
Any news on the portal for ukyo.loan?
legendary
Activity: 2156
Merit: 1018
Buzz App - Spin wheel, farm rewards
December 29, 2013, 02:50:48 PM
I hope you guys don't just get back 5% of your deposits or investments, like is the case with everyone who deposited btc into WeExchange for the last two months.

Ukyo any estimate when you'll tell people what happened to the over 2 million dollars people deposited into WeExchange that have not been returned?

I doubt we'll get the coins back but I'd just like to know what happened. That has to be worth at least 100$ of the 700$ you owe me.
newbie
Activity: 47
Merit: 0
December 28, 2013, 08:12:47 AM
As I sated before, I will honor the loan shares and all interest due.

Means, you will pay all missing dividends?  Roll Eyes

Will it be possible to redeem then ? at face value of "0.01BTC" ?

Greets
Djingis
sr. member
Activity: 448
Merit: 250
December 27, 2013, 10:01:52 AM
As I sated before, I will honor the loan shares and all interest due.
Obviously BitFunder is shut down and there is no way to manage the shares right now.
I am trying to wrap up the AsicMiner claim portal currently.
As soon as that is done I will be working on the loan shares management system.

-Ukyo
newbie
Activity: 58
Merit: 0
December 26, 2013, 01:56:02 AM
Did I miss any information where Ukyo states that his loan is affected by the same mystical issue as it is with WeEx? As it is stated in the contract, the loan is not related to Bitfunder or WeEx. Why do you people come up with the 6% here? This doesn't make any sense to me.

I begin to feel sick of this lack of information.
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