Topic: Problems with bitcoin-24.com WARNING! UPDATE! - page 9. (Read 38720 times)

update from another thread:

police have seized hardware

Yes. Everything he has done has served to reduce our trust in him. If he's legitimate then he *literally* couldn't have handled this worse.

Communicating through Reddit and twitter on an completely ad hoc basis? No formal information, no corroborating evidence, contradictory statements and a profound lack of action? What a disgrace. If he isn't a scammer he is doing his best impersonation of one.

Now, because of his incompetence hundreds of people (myself included) have filed complaints to the Bremen Kriminalpolitzi which means the money will be tied up forever. I couldn't let this charade carry on any longer. 48 hours of no communication shows a complete disregard for the situation.

That's if there's any money left in the account, anyway. I sincerely believe he has lost thousands and thousands of BTC through the bug and was trying to cover his losses through the increasing value of BTC.

This.

Occam's Razor

If he intends to return the BTC it would be in his best interest to do so quickly to restore confidence.
He has had ample time to return the BTC.
He has no returned the BTC.
(insert most likely conclusion here)

apparently Simon is currently online in this forum...

I've sent him a message asking him to communicate more please because of all you angry people 

that was a nasty problem there

No idea what you mean.

He's probably gonna get buried when he gets out, seeing as he's serving a life sentence.

Maybe the Libertarians do not want state and police and government (and not even Simon's lawyer actually) to solve this. They want Simon to solve this.

The "regulated" world is not that much better off, when we see what happened around Madoff in the years after the scandal for instance...
And let's see what happens to him when he gets out too.

btc-e has never stolen my money

Is there something called unintentional rape?

I fully realize that. That's just because the only notion of "justice" available in this joke of a philosophy that is right-wing extremist "Libertarianism" is that of a jungle where people kill eachother for anything like crazed psychopaths.

i only moved BTC in, its all in the transaction history of the client/wallet! if not, there is always the blockchain

99% in fact.
I invested in Bitcoin myself to make money. For myself.

Simon didn't screw anyone intentionally. Doing so when your identity is out in the open would be the same as committing suicide.

Its funny that you think only libertarians invest in Bitcoins. Most are there due to greed.

The funniest part of this is how the mighty "Libertarians" who were so vocal before about individual freedom and how unnecessary or evil the state is and how ideal a completely unregulated free market would be etc. etc. are now all of a sudden running right back to the state crying "Mommy!" the second they get screwed by someone on exactly the kind of unregulated free market they always said they wanted.

As previously said in the thread Simon is an accidental scammer. He was probably making huge losses caused by his engine fucks up, covering them by betting on bitcoin price increase.

I read his statements on IRC. At some point he says that a youtube video exemplifying the transaction bug is "a joke". He goes as far as pretending that the video is made-up. He's the only one believing in his own lies.
It is clear that he's covering the losses.
Someone needs to tell him that it's ok, if he only lost 10% of the BTC and/or fiat, let his customers have 90%. This is more than enough. He just needs to admit it and get out of hiding.
The reason why he keeps quiet is that his "lawyer" told him to stop talking to people, because he's too dumb and will reveal the extent of the fraud through his naive lies.

His only way out is to start being honest and let more competent people sort the mess out, then paying people back the best they can. If he doesn't do that, if he instead gives the BTC and/or fiat to the german governement, i don't think he will come out of this mess alive.
I can say that I have 45,000 EUR (fiat + BTC) on Bitcoin 24 currently, and i'm not going to be the one who gives the order (and if I was, I wouldn't brag about it on a public forum), but i'm sure other people in the same situation will. At the end of this week, if nothing new has happened, the fate of our BTC + fiat will be clear.
Simon is young, stupid, but needs to know that. He can still fix things.

Umm, maybe because he doesn't want to return them?

This is exactly why I do not understand why Simon is not communicating more and returning  at least our bitcoins. He does not see this threat of some really, really angry customer?