Topic: [WeExchange]WARNING!The Fall of Ukyo II: Ukyo Digs a Hole?!WARNING![WeExchange] - page 14. (Read 34622 times)

I cant get verified because at registration time I entered fake data at WE.
There is no way to edit my data - at least no way I found. I have no ID for the fake data.
I were not able to trade because of this.

You did not answer my support tickets at WE and BF.
Now BF is closing down. My shares are nearly void.

Thanks!

All withdraws are being processed in order.
I am working as fast as the software will go.

I lodged my withdrawal on 8 November (transaction bqTaayVpmZDj3hG7NhxxLw5upo8MMwFx) and it still says 'processing'

support ticket ID is ESN-702820

Any ETA on this?

Ukyo, can u recover the withdraw as soon as possible ?? or can u give the schedule for us ?
do you know the btc are very important for us.

my  Ticket ID:
FSE-187379

please withdraw my btc asap.

That's good. Please do.


I am not a user of either Bitfunder or Weexchange. Have a few good friends at the community that unfortunately have been. Luckily they are not holders of any of that shit. Now Ukyo, by reading the mentioned thread it is clear that at some point you did not have enough liquidity to redeem and/or have been and continue to be very slow making redemptions. Now even that was not my initial question, could you clarify if your problems redeeming the Ukyo loan are now finished. Thanks.
And, by the way my exact question was: Does this have anything to do with the withdrawals issue at Weexchange and possibly a lack of funds or liquidity problem on your side? Could you please answer that? Thanks.

And regarding damage done, there is none there on my part, only a clarification asked and not clearly answered. I am sure people are interested. Speaking about damage Ukyo, you are spreading around just a bit.


Again, could you please post daily the date of the last processed withdrawal as suggested by many users.

I completely agree. This whole mess has done nothing but drain even more time away from things. However, I take full responsibility in making sure that regardless of limitations of bitcoind that I will continue to give the problem my primary attention and get everyone fixed.


Can you please point out exactly where it is defaulting? I wonder if you are simply reading other people's posts out of context without reading on.
Full disclosure please, do you hold any shares? Do you have any idea the sort of damage you may be responsible for by making false implications?
At no point have I ever been "paying less than agreed as posted" or "seem to be defaulting" in any way.

If you take a moment to actually read the thread you will see https://bitcointalksearch.org/topic/m.3541394 at which I indicate exactly what is going on with MGIO's request and how this is currently taking priority. There is nothing there about defaulting on anything or paying less than agreed.


Withdraws continue to go out as fast as bitcoind will possibly send them. I have been posting here all day and answering questions.
You can click the numbers at the top of the page to read older posts.


I have been very fortunate to have so many users who understand the limitations of bitcoin and am very thankful for all of the patience and help that I have been getting to settle this matter.

Well Ukyo, you see, the only positive announcement you can make at this point is that you have processed all withdrawals and that all your users have got their coins.
Otherwise who in the world will send a single coin, whatever the currency to your site?

Also will you please clarify what's going on with your Ukyo loan which seems to be defaulting or paying less than agreed as posted by user mgio here: https://bitcointalk.org/index.php?topic=258612.180
Does this have anything to do with the withdrawals issue at Weexchange and possibly a lack of funds or liquidity problem on your side? Please clarify.

Finally you did not post the status of withdrawals today. Seems like no progress. Could you please post daily the date of the last withdrawal you have processed as recommended by several users. That will be appreciated by everyone.

Users posting here are good people and trying to help you out with the technical issues you are mentioning. But be sure Ukyo that they also have the dobermans ready in case they need to take action. It's up to you boy. You should process those withdrawals and process them fast.
As I am sure you realize, Ukyo, nobody likes to have their coins hijacked for so long. Seems you are over 3 weeks late already and getting worse by the day. Remember these are in fact, in the best case, free loans you are taking without the user's consent.

WeExchange is about to make a rather important and very positive announcement about the immediate future.
There is every reason to work on WeExchange.

I'm not sure if you realize it, but Bitcoin-Qt is just a wrapper for bitcoind, essentially.

Of course it doesnt make sense to run bitcoind at the same time so both copies arent fighting against the other. So bitcoind has to be stopped then.
And yes you would still do manual withdraws. But you could do it way way faster if im not wrong.
Compared to doing one single transaction in 20-50 minutes to doing a bulk transaction with tens of transactions in one transaction its way faster and way less work. When i read that you work all days only interrupted by unwanted sleeps then i would try this in your shoes. Bitcoind obviously isnt the solution now. And since bitfunder dies weexchange will die too or is there another partner? So i dont think it makes much sense to repair a websites wallet that isnt needed in the future anymore. Instead doing withdraws manually and save much time.
Sorry to bother you with my questions but i dont see yet why you do it how you do it.

Ukyo,Please send BTC to me

User:smilence
Date   2013-11-08 00:36:48
Transaction ID   LNhAqs3JlMSvezmRamQ2pjH3n4ZZZdYm
Type   Withdraw
Debit   19.79205670 BTC

Even if I could use bitcoin-qt, i am still doing manual withdraws.
However, due to reasons above, including support for the account system in bitcoind and a potential divergence between the working wallet and wallets running in parallel this could cause more problems. (This is no different than trying to run 50 copies at once. It is still just another copy.)

Right, the server might not be able to use a gui. But bitcoin-d wallets has private keys and you could run bitcoin-qt on your own pc right? The bitcoin-d account system should be able to provide a list of users that want to get their withdraw. Or the list could be taken directly form database. And it should be possible to edit the date for the account system in case you manually did a withdraw for a customer.
Wouldnt that be way less work than manually doing transactions one by one each 20-50 minutes?

And before bitcoin-qt came out there should be at least one commandline wallet that should be able to do bulk transfers too.

I see that data has to be changed back and forth but you stated already that you do such things on a small scale to do many small transactions. So it shouldnt be a big difference.

Sebastian: Our servers do not run with GUI's. So visual based wallets will not work.
Also we use the 'account' system in bitcoind which has proven to be very useful and problem causing at the same time.

-Ukyo

why is it slow to begin with? It should be able to construct and sign a tx in under a second even with thousands of unspent outputs being available, no?

I see. But this is only about bitcoin-d. So whats the hindrance in taking the private keys of the bitcoin-d wallet and import the wallet into, for example, bitcoin-qt? If it works you could create a unique withdrawlist for a certain timespan (unique to not double pay) and make bulk transfers. You could to the withdraw requests of one full day in a half hour then. With proper checking if addresses and values are correct.

Hm, that is unfortunate.  If Bitcoind used deterministic keys for chaincodes like Armory that wouldn't be a problem.

I have tried moving bitcoind to extremely powerful systems.
This did not make a difference.

I talked to a dev about running multiple copies of the wallet, however doing so could cause the private keys/keypool between the wallets to diverge and cause more problems.

Hope you will get your money soon.

Are you sure you can't clone the system and then send different transactions? Wouldn't the wallet client just make sure that there are coins to spend and updates the wallet automatically from the network if there were made transactions from another instance of the wallet?

And if you can't do that, then would it make sense to get as fast machine as possible? So if Ukyo puts the client on a twice as fast machine, the numbers of sends would double?

Edit.
In this thread https://bitcointalksearch.org/topic/can-two-computers-use-the-same-wallet-keys-concurrently-224619 they are talking it's possible with many clients, as long as you don't spend coin on an empty wallet. If there are funds in the wallet for all transactions, then it should be possible.