Topic: I'm back! - page 4. (Read 12557 times)

Thanks Zhou. I have received it and will pass it on to the Bitcoinica Liquidator.


My apologies. I realize it was a bit of a d*ck move. However I do feel it is important that the whole truth is revealed and there were no disclaimers on the email. I should have asked for your permission though.

Sorry ninjarobot. I was really annoyed and depressed at that time so I didn't give a response to you. However, I have replied your email with his bank account and address information that I currently have. Hope it'll be helpful to whatever you plan to do.

I'm a little disturbed by the fact that you posted my email reply publicly without my permission.

It's not a big deal but I was really emotional at that time

I agreed and waited for Zhou to return to Melbourne. However upon his return Zhou ignored all my follow up emails. I have never been able to obtains any details about Chen from Zhou nor have I been able to file an actionable report. In the mean time Bitcoinica creditors are still smack in the middle of what must be the largest clusterf*ck in bitcoin history with the MtGox account orphaned and frozen. The AurumXchange funds still missing and an ongoing lawsuit against the Bitcoin Consultancy by the largest creditors. Considering that Bitcoinica had around 1M USD in deposits when it got hacked, and conservatively estimating 50% of that to be in BTC, at current valuations we are talking in excess of 15,000,000 USD still pending liquidation. Or what is left of it.

Now, Zhou returns 1 year later, hoping the dust has settled with his "Hero member" tag still in tact. Well played sir!

I suggest that at the very least Zhou receives an "Untrustworthy" tag. Although I do realize that might be an insult to MNW whom I regard much more highly.

I suggest that at the very least Zhou receives an "Untrustworthy" tag.

Name one.  Just one on this forum who has any level of trust, and is known face-to-face by other users.

One.

I have plans to immigrate to Australia and I need an absolutely clean record.

If you insist on filing a police report on this matter, any lack of co-operation from my side can of course be used against me in the uncertain future.

I'm not protecting his identity. I just deem it to be unnecessary at this point. He is not running away (AFAIK he doesn't even have a passport), and the fund return is pending Bitcoinica's liquidation.

I want to go back to my own business and focus on something productive. Any information I provide now will necessarily be a burden in the near future.

I strongly advise you not to involve the police before the liquidation process has any significant development. You are not obliged to report this. (But when you do, I'm obliged to provide information to either you, or the police, and obviously I would prefer the former.)

My point is, there is very little benefit to this, yet the risk and potential expense are too high. I don't want to hire a lawyer or waste my time on gathering evidence or whatever. I contributed 5,000 BTC and talked to the creditors regularly exactly because I wanted to avoid any lawsuits against me. I'm all for justice, but I have already given up on Bitcoin and justice in this matter seems worthless to me.

Considering the suspicion raised by community members, the questions from trusted business partners and threats of violence, I don't have any energy to fight back any more.   I just want the fiasco to be over. Yet people are giving me more and more troubles. It's okay if you can't feel the pain, please just try to sympathize.

I have plans to immigrate to Australia and I need an absolutely clean record. Even a criminal accusation (without conviction) is intolerable in the character check. I really deeply regret the creation of Bitcoinica. If you can forget about me, please do.

I'm returning to Melbourne on October 6, 2012. Hopefully something will happen at Bitcoinica side, and you have plenty time to re-consider your decision before then.

WHAT IS THIS ? "He could easy find out if he used plain text password in any of his websites."
What website does he have ?

This was the email you were using regularly to exchange with peoples, How would some bogus "using plain text password in any of *? websites." give him access to it ?

Quote from: bitdragon on Today at 08:13:32 AM
Quote from: Elwar on Today at 06:23:37 AM
You say that there is no place to short bitcoins but Bitfinex is up and running using your code from Bitcoinica.

Have you checked that out?


You can buy Put options through MPEX.
It's not quite the Addictive nature of margin trading ala bitcoinica but definitely has a place in a solid financial plan.
And dare I say that the security model inspires.
 


Yeah, I like MPEX's model. I think it'll inspire me a lot if I'm going to start another Bitcoin venture (IF).

Quote from: Elwar on April 23, 2013, 06:23:37 AM
You say that there is no place to short bitcoins but Bitfinex is up and running using your code from Bitcoinica.

Have you checked that out?


Yes. I'm not so sure whether the code is based on Bitcoinica. Anyway, I think there's still no trading venue that has the amount of trades that Bitcoinica had. At its peak Bitcoinica had 150000 BTC open interest. That's what I mean by "viable way of shorting".

Age isn't that big of a deal in the grand scheme of things, BUT it establishes credibility with everything else.

He's posted enough excuses/explanation on the forum, how would a video be problematic.  

Perhaps you're thinking of this post by Tihan.


https://bitcointalksearch.org/topic/m.1073435

Tihan met Zhou in person.  

Whether or not Zhou's lying about his age to this community and to Australian authorities is far less interesting to me than whether he's lying about things directly related to the downfall of Bitcoinica.

Telling the truth about his age doesn't prove he had no involvement in the destruction of Bitcoinica and lying about his age wouldn't prove that he had active involvement in the events which destroyed Bitcoinica.

A pretty irrefutable connection was made between the stolen Bitcoinica funds and Zhou.  The big question is whether or not you believe Zhou's explanation for that connection.  A secondary question is whether law enforcement was ever asked to investigate that connection.

I'm pragmatic - I want to maximize my value for the community. Unfortunately there's really nothing much I can do to accelerate Bitcoinica's liquidation. I wasn't even a shareholder or creditor (so I can't sue them for compensation or anything).

So instead of hoping for the best with something I really don't have the capacity to do, I'm thinking of doing something that's 1) good for Bitcoin and 2) not requiring much trust.

Perhaps you're thinking of this post by Tihan.


https://bitcointalksearch.org/topic/m.1073435

Tihan met Zhou in person.  

Whether or not Zhou's lying about his age to this community and to Australian authorities is far less interesting to me than whether he's lying about things directly related to the downfall of Bitcoinica.

Telling the truth about his age doesn't prove he had no involvement in the destruction of Bitcoinica and lying about his age wouldn't prove that he had active involvement in the events which destroyed Bitcoinica.

A pretty irrefutable connection was made between the stolen Bitcoinica funds and Zhou.  The big question is whether or not you believe Zhou's explanation for that connection.  A secondary question is whether law enforcement was ever asked to investigate that connection.