Author

Topic: POLL - BTC Future - I wanna account for temporarily loss of my coins (Read 1494 times)

legendary
Activity: 1064
Merit: 1000



That now is worth 5482.02 USD ,the btc price used for payment will be around 90USD

The payment method is mtgox codes.  mtgox codes will shutdown soon, everyone should get some money back this week.

please keep voting
legendary
Activity: 1904
Merit: 1037
Trusted Bitcoiner
dang,
pretty cool the admin is covering the losses.

 every bitcoin biz that needs to take care of large amounts of bitcoin funds should be required to be "citified hack prof" by bitcoin foundation. 50BTC is a small price to pay to talk to and expert about implementing the best possible web security protocol. alot of hacks are due to silly mistakes or small oversight, and can be avoided if you follow good procedure, and make damn sure your operations are all air tight.
legendary
Activity: 1064
Merit: 1000
Why does he expect to pay back in Mt. Gox USD codes when such things will be impossible to create starting April 10th?

care to elaborate?

care to google?

My first search provided relevant info as the 1st result, is it really that hard?
http://lmgtfy.com/?q=mtgox+code+april+10th

Idk, was it?

Damn, just post it.
newbie
Activity: 51
Merit: 0
Why does he expect to pay back in Mt. Gox USD codes when such things will be impossible to create starting April 10th?

care to elaborate?

care to google?

My first search provided relevant info as the 1st result, is it really that hard?
http://lmgtfy.com/?q=mtgox+code+april+10th
legendary
Activity: 1064
Merit: 1000
Why does he expect to pay back in Mt. Gox USD codes when such things will be impossible to create starting April 10th?

care to elaborate?
legendary
Activity: 960
Merit: 1028
Spurn wild goose chases. Seek that which endures.
Why does he expect to pay back in Mt. Gox USD codes when such things will be impossible to create starting April 10th?
legendary
Activity: 1064
Merit: 1000
Quote
After performing the calculations and hearing several suggestions, I made this plan for payment of all Bitcoinrain funds.

I am aware that will not please everyone, but it's the possible plan to get back all the funds invested.

The plan is made in several steps:

- The site will re-air on April 2 to checking of values by customers. It will leave the air on day 3 for conversion to dollar amounts using the average price (day 26-30) of $ 82.50, and returns on day 4.

- All withdrawals will be retained until the 1st of July 2013.

- From July 1 to October 1, 2013 withdrawals will be released gradually.

- Day 1 October 2013 onwards the values are fully released for complete withdrawal.

I still can not tell if the site will continue after that date.

These dates are the pessimistic scenario, and I hope to fulfill the plan in shorter periods.

In this period, the yield will be 2-3% per month. This is a fraction of what they used to pay, but that's what I can afford at this time.

The figures are converted into dollars because as the volatility of bitcoin is very high, you can not do any long-term plan safely without a fixed reference and the bitcoin reserves below the required.

Withdrawals, when possible, will be made in USD MtGox (Redeem code), Bitcoins or Liberty Reserve USD, according to what the customer prefers.

The investment group has more than one year of history and for the first time will need the help of its users.

I consider all users as friends. I have friends even before the bitcoin that are clients of Rain today.

My goal is to pay to all users who placed their trust in me throughout this period. What I'm asking is just patience so I can recapitalize and make all payments.

Any questions or suggestions, use the support email of Rain: [email protected]

L.
sr. member
Activity: 462
Merit: 250
Clown prophet
Don't keep funds in WTF services. Trust no one.
legendary
Activity: 1064
Merit: 1000
If you post this in speculation, can you provide estimated exchange loss of this hack?

No numbers were disclosed yet, nor transactions, or addresses, nothing.
But I suspect that was a lot, I can only say my numbers, I know at least one bitcoinrain investor that claimed to have 1500+ coins there.
sr. member
Activity: 462
Merit: 250
Clown prophet
If you post this in speculation, can you provide estimated exchange loss of this hack?
legendary
Activity: 1064
Merit: 1000
Hello everyone, sadly, I wanna inform for those who dont know yet, I lost some coins at bitcoinrain.com colapse.

The service was announced here: https://bitcointalksearch.org/topic/m.556437

I lost 60 bitcoins, there, precisely what I paid for my batch2 tradein avalon.
Who knows if someone in this forum fell into that trap too!?


I believe it will hit 250 or 300 BRL before I have them back, maybe more.


Thank yall.
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