[IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 123.

crumbs

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Quote from: Fabrizio89 on November 27, 2013, 07:31:40 AM

I hope they don't intend to use their funds to cover bitfunder debts and plan to make some kind of bond with ukyo.

A few mil is a small price to pay for such a high profile BTC bailout, also putting an end to likely litigation. Profit. Everyone wins.

Fabrizio89

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I hope they don't intend to use their funds to cover bitfunder debts and plan to make some kind of bond with ukyo.

professorY

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Quote from: klee on November 27, 2013, 07:17:20 AM

self justice (not sure for the English term)

Vigilantism

klee

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Quote from: fligen on November 27, 2013, 07:12:35 AM

Quote from: lolstate on November 27, 2013, 07:09:45 AM

What was this supposed to prove exactly? Ukyo is on IRC, posting to the forum and it is known he is working with Neo to try to resolve the situation. Is cold calling him supposed to speed up resolution of the situation? Huh

You seriously think that ukyo will "resolve" this situation? You can wait, I will not. We will see who is right.

I'm sorry but I cannot disclose what other information I have on this 'incident' as I cannot give any clues to Jon. I can tell you there are strong signs that embezzlement has occurred.

Go legal route then - self justice (not sure for the English term) is not the optimal solution imo. Furthermore when someone pressed enough he may do silly things to himself - bye bye bitcoins... (plus I could not live with that burden but maybe you are cold hearted don't know)!

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Quote from: lolstate on November 27, 2013, 07:09:45 AM

What was this supposed to prove exactly? Ukyo is on IRC, posting to the forum and it is known he is working with Neo to try to resolve the situation. Is cold calling him supposed to speed up resolution of the situation? Huh

You seriously think that ukyo will "resolve" this situation? You can wait, I will not. We will see who is right.

I'm sorry but I cannot disclose what other information I have on this 'incident' as I cannot give any clues to Jon. I can tell you there are strong signs that embezzlement has occurred.

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Quote from: fligen on November 27, 2013, 06:57:05 AM

I called a recent phone number for Jon that I have dug up through sources. Didn't record it, but convo went like this.

What was this supposed to prove exactly? Ukyo is on IRC, posting to the forum and it is known he is working with Neo to try to resolve the situation. Is cold calling him supposed to speed up resolution of the situation? Huh

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Quote from: fligen on November 27, 2013, 06:57:05 AM

I called a recent phone number for Jon that I have dug up through sources. Didn't record it, but convo went like this.

Jon: Picks up phone, silence
Me: Hello, is this Jon Montroll?
Jon: Yes. Who are you?
Me: I'm a weexchange user. I need access to my funds. I will not wait indefinitely.
Jon: How did you find this phone number?
Me: Do you have enough liquid BTC on hand to pay all weex deposits?
Jon: Where did you find this number?
Me: Do you?

Jon hanged up. Further calls were unanswered.

Maybe if you scare him good enough you will indeed lose your funds permanently...just saying..

fligen

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I called a recent phone number for Jon that I have dug up through sources. Didn't record it, but convo went like this.

Jon: Picks up phone, silence
Me: Hello, is this Jon Montroll?
Jon: Yes. Who are you?
Me: I'm a weexchange user. I need access to my funds. I will not wait indefinitely.
Jon: How did you find this phone number?
Me: Do you have enough liquid BTC on hand to pay all weex deposits?
Jon: Where did you find this number?
Me: Do you?

Jon hanged up. Further calls were unanswered.

klee

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Quote from: ffssixtynine on November 27, 2013, 06:28:43 AM

Quote from: Herp on November 27, 2013, 06:14:17 AM

Quote from: ffssixtynine on November 27, 2013, 06:11:40 AM

The share price has held up amazingly well considering btc's rise. If only this has happened in march!

Also, havelock have zero liquidity. The site lacks important security so I would never leave funds on there and people don't trust that it won't get shut down.

As for WeEx - let's see what happens.

Not sure what you mean by lacking important security. It offers 2factor authentication and such, as well as cold storage.

I can't protect withdrawals. As for cold storage - in principle maybe but we've all seen how well wallets have been implemented in practice. I think you'll find many people who previously traded are now too wary over security to use third party sites to hold trading funds.

Sooner or later - Mastercoin, Colored Coins, Bitshares, Next etc

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Quote from: Herp on November 27, 2013, 06:14:17 AM

Quote from: ffssixtynine on November 27, 2013, 06:11:40 AM

The share price has held up amazingly well considering btc's rise. If only this has happened in march!

Also, havelock have zero liquidity. The site lacks important security so I would never leave funds on there and people don't trust that it won't get shut down.

As for WeEx - let's see what happens.

Not sure what you mean by lacking important security. It offers 2factor authentication and such, as well as cold storage.

I can't protect withdrawals. As for cold storage - in principle maybe but we've all seen how well wallets have been implemented in practice. I think you'll find many people who previously traded are now too wary over security to use third party sites to hold trading funds.

Herp

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Quote from: ffssixtynine on November 27, 2013, 06:11:40 AM

The share price has held up amazingly well considering btc's rise. If only this has happened in march!

Also, havelock have zero liquidity. The site lacks important security so I would never leave funds on there and people don't trust that it won't get shut down.

As for WeEx - let's see what happens.

Not sure what you mean by lacking important security. It offers 2factor authentication and such, as well as cold storage.

ffssixtynine

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The share price has held up amazingly well considering btc's rise. If only this has happened in march!

Also, havelock have zero liquidity. The site lacks important security so I would never leave funds on there and people don't trust that it won't get shut down.

As for WeEx - let's see what happens. I just want my money back Sad

Herp

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Quote from: San1ty on November 27, 2013, 06:04:59 AM

Quote from: crumbs on November 27, 2013, 05:23:08 AM

Quote from: bitcoin.newsfeed on November 27, 2013, 02:44:07 AM

...
WTF Danny is involved in that Ukyo/Bitfunder/Weexchange mess?!?!

Quote from: cryptocyprus on November 27, 2013, 01:17:30 AM

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

Why? How?

https://bitcointalksearch.org/topic/m.3732068

Is this a good or a bad thing, I don't know...

Think it's good because Neo had plans to setup their own exchange. They can probably do that much cheaper by taking over Bitfunder.

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Quote from: crumbs on November 27, 2013, 05:23:08 AM

Quote from: bitcoin.newsfeed on November 27, 2013, 02:44:07 AM

...
WTF Danny is involved in that Ukyo/Bitfunder/Weexchange mess?!?!

Quote from: cryptocyprus on November 27, 2013, 01:17:30 AM

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

Why? How?

https://bitcointalksearch.org/topic/m.3732068

Is this a good or a bad thing, I don't know...

crumbs

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Quote from: bitcoin.newsfeed on November 27, 2013, 02:44:07 AM

...
WTF Danny is involved in that Ukyo/Bitfunder/Weexchange mess?!?!

Quote from: cryptocyprus on November 27, 2013, 01:17:30 AM

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

Why? How?

https://bitcointalksearch.org/topic/m.3732068

klee

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Quote from: thehun on November 27, 2013, 03:33:26 AM

Quote from: bittymitty on November 26, 2013, 11:01:37 PM

When Neobee floated the BTC/USD rate was aprox 130 USD

130*0.0030 = 0.39 USD each

now it is aprox 970 USD

970*.0030 = 2.91 USD each

So each share has increase in USD value a lot and investors are weary after all shit that's been going down. Why would you swap an increasing BTC for a depreciating share? Why would you buy shares on an exchange that could be taken down by the SEC soon?

The only time that Neobee shares will rise is when they publish a quarterly report that shows solid growth and substantial deposits. Or if we get some investors with balls of steel and BTC to burn.

Both Havelock and Neo are out of the US, can't really see what the SEC could do to harm this venture tbh, except maybe requiring Havelock to identify US customers (good luck with that!)

That's why SEC is shutting them down IMHO.

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Quote from: bittymitty on November 26, 2013, 11:01:37 PM

When Neobee floated the BTC/USD rate was aprox 130 USD

130*0.0030 = 0.39 USD each

now it is aprox 970 USD

970*.0030 = 2.91 USD each

So each share has increase in USD value a lot and investors are weary after all shit that's been going down. Why would you swap an increasing BTC for a depreciating share? Why would you buy shares on an exchange that could be taken down by the SEC soon?

The only time that Neobee shares will rise is when they publish a quarterly report that shows solid growth and substantial deposits. Or if we get some investors with balls of steel and BTC to burn.

Both Havelock and Neo are out of the US, can't really see what the SEC could do to harm this venture tbh, except maybe requiring Havelock to identify US customers (good luck with that!)

bitcoin.newsfeed

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Quote from: lewicki on November 26, 2013, 10:21:43 PM

What do you guys think?

I would really like to share your enthusiasm mate

But thanks to recent development in securities market i cant. Anyway thanks for nice words

EDIT :

WTF Danny is involved in that Ukyo/Bitfunder/Weexchange mess?!?!

Quote from: cryptocyprus on November 27, 2013, 01:17:30 AM

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

Why? How?

lewicki

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Quote from: bittymitty on November 26, 2013, 11:01:37 PM

When Neobee floated the BTC/USD rate was aprox 130 USD

130*0.0030 = 0.39 USD each

now it is aprox 970 USD

970*.0030 = 2.91 USD each

So each share has increase in USD value a lot and investors are weary after all shit that's been going down. Why would you swap an increasing BTC for a depreciating share? Why would you buy shares on an exchange that could be taken down by the SEC soon?

The only time that Neobee shares will rise is when they publish a quarterly report that shows solid growth and substantial deposits. Or if we get some investors with balls of steel and BTC to burn.

Danny mentioned this a few weeks ago:

Quote from: cryptocyprus on November 09, 2013, 12:52:05 AM

We still hold the vast majority of our IPVO funds in BTC

bittymitty

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When Neobee floated the BTC/USD rate was aprox 130 USD

130*0.0030 = 0.39 USD each

now it is aprox 970 USD

970*.0030 = 2.91 USD each

So each share has increase in USD value a lot and investors are weary after all shit that's been going down. Why would you swap an increasing BTC for a depreciating share? Why would you buy shares on an exchange that could be taken down by the SEC soon?

The only time that Neobee shares will rise is when they publish a quarterly report that shows solid growth and substantial deposits. Or if we get some investors with balls of steel and BTC to burn.

Topic: [IPVO] [Multiple Exchanges] Neo & Bee - LMB Holdings - page 123. (Read 658701 times)