Problems with bitcoin-24.com WARNING! UPDATE! - page 20.

donjoe

full member

Activity: 183

Merit: 100

Quote from: 2weiX on April 12, 2013, 04:08:28 PM

I've met the guy a couple of times, so I feel I need to chime in to tell everyone to calm the fuck down.
[...]
I do not at all think that he just up and left.
I think his venture got larger than he expected, he ran into some serious technical trouble and some dipship went crying mommy to the police, who promptly shut the place down.

I never said this was a point where calling the police sounded like a good idea or where I thought I had lost all my coins for good. I still think there's a good chance of getting my stuff back, though it will likely not happen before Monday and if the weekend dip takes us to something like $10-$20 for the last time in Bitcoin history while I'm unable to trade, I will probably still feel justified in holding a bad opinion of Bitcoin-24 and never wanting anything to do with it again.

Also, even if everyone does get their money back, I think they should still use the scare they will have gone through as a lesson in attitude toward Bitcoin security (see link above - "Trust No One").

Lastly, I don't think the police shut down anything, as some order executions have continued to trickle out ever since he made the interface inaccessible and I don't think anyone would try to go against law enforcement measures in such a visible way.

penthrite

newbie

Activity: 3

Merit: 0

Quote from: 2weiX on April 12, 2013, 04:08:28 PM

I have (had?) 15k€ on my account which are probably lost.

I have 10k in there, so "lost" my ass. Money don't get lost, it changes pockets. Exactly in which pockets are they? Could you tell that? The Polish account will probably be unfrozen soon, so that's not the problem. Isn't anybody interested in where the fuck their money is... Huh

What i fear is that Simon will be "forced" to use our deposits to cover the hole created by the multiple-selling bug, that has been the cause of all of this in the first place.

freethink2013

full member

Activity: 224

Merit: 100

I can understand if euros/dollars are locked up but we should be able to get bitcoin out as bitcoin aren't stored in some polish bank. Honestly I got into bitcoin to avoid banks so hearing you can't get your bitcoin back because some guy's bank account is suspended is bs.

I'll give it a couple of days before I spend my remaining btc on a hitman from silkroad.

TCollar

newbie

Activity: 56

Merit: 0

What exactly do you mean by "crying to the police"? Do the police in Poland shut down a website doing financial trading because of "crying" or were they worried about a law being broken?

So you met him a few times and he is an idealist. But he put up a site that did financial transactions and was in over his head. His lawyers are obviously not putting on pressure, because if they had been any good at all and if he had any juice at all before he got in this game his lawyers would have found a way to prevent "crying", so his lawyers, if they exist at all are not very talented. Maybe his lawyers do the lights at his DJ gigs.

2weiX

legendary

Activity: 2058

Merit: 1005

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Quote from: TCollar on April 12, 2013, 03:53:02 PM

Did any of you research Simon Hausdorf before and realize you were giving money not to someone who set up live monetary transaction systems for a living but instead was a spikey gel haired DJ? I mean he went from DJ to currency exchange in an instant and no one noticed?

I've met the guy a couple of times, so I feel I need to chime in to tell everyone to calm the fuck down.

He's an idealist.
He never took trading fees - he could've made a friggin killing with that.
He never arbitraged on his own exchange - something I pointed out to him repeatedly would be the first thing I would do given the amount of cash and BTC he could hold at other exchanges.

I do not at all think that he just up and left.
I think his venture got larger than he expected, he ran into some serious technical trouble and some dipship went crying mommy to the police, who promptly shut the place down.

He'll be accused of many many things, and I don't want to be in his place right now. I have (had?) 15k€ on my account which are probably lost, so I am probably gonna feel some hurt as well. I do hope that indeed my funds are safe and that the withdrawal request I sent to the help email will be filled.

I had a bad feeling the past few days but didn't act upon it. Too bad.

TCollar

newbie

Activity: 56

Merit: 0

Quote from: donjoe on April 12, 2013, 04:00:09 PM

I guess this is just the kind of situation they put up warnings like this in the newbie subforum for: https://bitcointalksearch.org/topic/trust-no-one-33835

"Trust No One" is really just secret code for "Trust a Spikey Haired DJ Who Uses Name Cheap and OVH Whois Obsfuscation For Financial Transactions Then Blames Poland And Asks People To Wait"

donjoe

full member

Activity: 183

Merit: 100

I guess this is just the kind of situation they put up warnings like this in the newbie subforum for: https://bitcointalksearch.org/topic/trust-no-one-33835

TCollar

newbie

Activity: 56

Merit: 0

OVH should have his old contact information. The number I thought I had was from the OVH Whois Obsfuscator +33.899498765 so that alone will not get you anywhere but with enough people OVH might be willing to give up his billing information.

Lots of bitcoin transaction websites are going titsup and blaming it on circumstances related to customer use and not packing up hard currency and leaving.

Did any of you research Simon Hausdorf before and realize you were giving money not to someone who set up live monetary transaction systems for a living but instead was a spikey gel haired DJ? I mean he went from DJ to currency exchange in an instant and no one noticed?

That is the dodgy thing about bitcoin, is that hardly any of the movers and traders had anything to do with financial systems before setting up shop. Mark Karpeles was a php programmer who bought a "Magic: The Gathering" trading card site and turned it into the outlet of the a currency that is supposed to take over the world.

Its like a Michael Lewis book that writes itself.

x25

newbie

Activity: 7

Merit: 0

Quote from: TCollar on April 12, 2013, 12:25:16 PM

Quote from: Taduliauskas on April 12, 2013, 12:13:09 PM

Quote

Our Service is momentarily not available.
1. All funds (EUR, USD, PLN, GBP & Bitcoins) are safe.
2. All withdrawals will be gradually processed chronologically from another bank account.
3. The Polish authority closed your Bank account in Poland.
4. Our lawyers are working with high pressure on a solution.

We will back with Bitcoin-24 2.0 on when all declarations are finished.

Well btc24 "exchangers" we wont be taking part in current btc price resolving situation ...

Something tells me he has packed up and left with whatever he can carry.

More likely this is a result of many mongoloids panicking in past 2 days because they couldn't get in on the "run" (transfers not showing up in their BTC24 accounts 3 seconds after they've made them), and quite few people were seemingly reporting BTC24 to police, bank, whomever.

I had no idea how many greedy idiots there are in this world until now.

johnnyf

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

Quote from: johnnyf on April 12, 2013, 03:10:11 PM

Quote from: ?? on ??

I've got a my lifes savings in currency and BTC in there.

Wooha. Thats a problem. But to be honest, BTCs are just an experiment. I wouldn't bet anything on just one card. Always be aware, such a thing can allways drop to 0.0 and is worthless.

Im a lot more concerned about the euro that was there than the BTC, about 60 BTC, euro was a lot more. I could only withdraw 5k a day on the daily limit. My life is over if this guy doesnt come back.

This sounds odd. Wish you all the best buddy.

johnnyf

newbie

Activity: 14

Merit: 0

Quote from: ?? on ??

I've got a my lifes savings in currency and BTC in there.

Wooha. Thats a problem. But to be honest, BTCs are just an experiment. I wouldn't bet anything on just one card. Always be aware, such a thing can allways drop to 0.0 and is worthless.

penthrite

newbie

Activity: 3

Merit: 0

The only thing i'm wondering about is to whom the money that were used to multiple-sell were taken. If it was from the buyer, we would have seen people complaining about buying 10 bitcoins and paying them as 20 or multiples, but i haven't read any. There seem to be only multiple selling instances. So where do the extra money come from? There must be a hole somewhere, just to know where it is.

donjoe

full member

Activity: 183

Merit: 100

That "new" statement was already quoted above.

tronic1704

full member

Activity: 171

Merit: 100

Hello,

look at the site, he has give a new Statement...

https://bitcoin-24.com/

TCollar

newbie

Activity: 56

Merit: 0

Quote from: Taduliauskas on April 12, 2013, 12:13:09 PM

Quote

Our Service is momentarily not available.
1. All funds (EUR, USD, PLN, GBP & Bitcoins) are safe.
2. All withdrawals will be gradually processed chronologically from another bank account.
3. The Polish authority closed your Bank account in Poland.
4. Our lawyers are working with high pressure on a solution.

We will back with Bitcoin-24 2.0 on when all declarations are finished.

Well btc24 "exchangers" we wont be taking part in current btc price resolving situation ...

Something tells me he has packed up and left with whatever he can carry. This should stall people for time..."Ahh...I still have my money its just that it is safe. But, transactions are happening...eventually...It is not the website's fault but the Polish Banking Shutting Down Authority....and his lawyers are working on it. Yep, I can wait before any real, meaningful inquiry.

Those of you who pressure him directly are more likely to get a refund as he stalls before Johnny Law, or Jarek Lawski since he is in Poland, catch up with him.

I have a phone number for him but I have no idea if it works. PM me if you want it.

TCollar

newbie

Activity: 56

Merit: 0

Simon is a pretty well known DJ, so he should be able to manage a high volume, monetary transaction website with little or no problems huh? Just like spinning records and listening to only half of a headphone while bobbling your head rhythmically hoping for the fog machine to kick in.

This glitch must just be the fog machine not kicking in, since that is the same problem that online trading companies run into all the time.

Taduliauskas

newbie

Activity: 8

Merit: 0

Quote

Our Service is momentarily not available.
1. All funds (EUR, USD, PLN, GBP & Bitcoins) are safe.
2. All withdrawals will be gradually processed chronologically from another bank account.
3. The Polish authority closed your Bank account in Poland.
4. Our lawyers are working with high pressure on a solution.

We will back with Bitcoin-24 2.0 on when all declarations are finished.

Well btc24 "exchangers" we wont be taking part in current btc price resolving situation ...

UPDATE:

Quote

All important Emails can be send to [email protected]

donjoe

full member

Activity: 183

Merit: 100

I don't know about "small" transactions - I see he's been letting through something like 250 BTC in the last hour. Besides, the only positive signal I want to see right now is my BTC in his hotwallet and then out on the blockchain. I don't care about anything else he does after that. (I should've bailed out when this thread started instead of keeping my hopes up and ending up with my BTC frozen for 6 fckin hours during a price drop. I so hate this Simon guy right now.)

keinur

newbie

Activity: 12

Merit: 0

There are some small transactions showing up in the btc24 chart during the last few minutes. Seems like they are testing the fixes.

Hopefully it will be back again soon.

penthrite

newbie

Activity: 3

Merit: 0

Quote from: michalko on April 12, 2013, 09:32:50 AM

I sent a lot of money through SEPA to this exchange yesterday. Order was already processed. Is there any way to "charge-back" SEPA payments? I am starting to be worried due to site down and no information from operator.

I sent 10k euro yesterday as well. Once the bank has announced the execution of the payment, which usually happens within a few hours, i think that there's nothing practical we can do to stop it. I would stay positive anyway, the situation will be probably sorted out in a few days.

Topic: Problems with bitcoin-24.com WARNING! UPDATE! - page 20. (Read 38730 times)