We're still waiting on John to refund the rest of ragingazn's asic chip group buy thread here.
If anyone has seen or heard from him, please let him know. Thanks.
Topic: Where's John K? - page 2. (Read 4641 times)
I tell everyone I'm usually offline on weekends. I lost 2/7ths of business that way (maybe more).
Good news.
John K logged on, replied, and released the escrow funds today.
Thanks again to all who contributed information in the interim.
John K logged on, replied, and released the escrow funds today.
Thanks again to all who contributed information in the interim.
Arvicco and I escrowed a 339.6 BTC transaction using John K. on October 23rd. On October 25th, the transaction was completed and Arvicco requested that John K release the escrowed funds. From that point until now, we have heard nothing from him. The maximum contractual duration he allows for funds release is 2 days, and we now a week beyond release request. You can see that he has not been active since the morning of 10/26:
https://bitcointalksearch.org/user/john-john-k-31288
We have contacted theymos to ask about how to proceed. He recommended we post publicly, in the hopes that someone might know how to reach out to him.
https://bitcointalksearch.org/user/john-john-k-31288
We have contacted theymos to ask about how to proceed. He recommended we post publicly, in the hopes that someone might know how to reach out to him.
This is accurate as far as I know.
I don't have a ton of personal info on him, but I'll release what I do have in a few days. Hopefully he's OK. He just came the the US, so if he was injured or arrested, we might not hear about it (and he might need our help).
Is he still absent?
I probably shouldn't be quoting the Staff forum, but in this case I see no harm.
*John pokes head from pile of books and sees pitchforks waving*
Watching. John K has always been a solid escrow agent and I have referred many a client to him (as escrow is too low margin and demanding for my tastes). I hope this is only a situation of unexpected real world issues keeping him "offline".
Even if everything does turn out "fine" it does illustrate that we really need easy to use multi-sig capabilities. Before reading the amount of the escrow I was like "not a chance this is fraudulent" the amount made me doubt my first reaction if even a little. I think 300+ BTC is pushing the limit of what I would trust to any single person in a single tx. Even a service like John's can be enhanced by multi-sig (Buyer, Seller, John, it takes 2 signatures to move funds).
Even if everything does turn out "fine" it does illustrate that we really need easy to use multi-sig capabilities. Before reading the amount of the escrow I was like "not a chance this is fraudulent" the amount made me doubt my first reaction if even a little. I think 300+ BTC is pushing the limit of what I would trust to any single person in a single tx. Even a service like John's can be enhanced by multi-sig (Buyer, Seller, John, it takes 2 signatures to move funds).
I've recently used John K for a 500 btc escrow. I seriously doubt he would compromise his reputation intentionally.
this is sadly the problem with using escrow.. however i am very surprised he dosnt have another person or 2 keeping everything in check, hell he seems to have planned for everything else
hope hes ok though dont recall the last time he was away from here for more than a few days
hope hes ok though dont recall the last time he was away from here for more than a few days
I doubt he ran away with those bitcoins, that's a small amount than what he has held on to before.
It's not the amount of bitcoins, it's the amount multiplied by the exchange rate.
I hope he is OK as well.
I know John has been busy with moving and with other things. I wouldn't worry about too much about him running off with your coins. That doesn't change the fact that you have been inconvienced, but hopefully its a little peace of mind.
What you said here is consistent with the message I received via PM. If the escrow agent were anyone other than John K, I would be significantly more alarmed than I am in this situation. Because it is him, the most likely scenario is that the damages will be limited to some personal drama, and a missed opportunity to purchase precious metals.
Best case, we'll come out of this with the escrow ecosystem unharmed, some good ideas for future refinements to the escrow process, and with John having a firmer appreciation of the cascading impacts of dropped commitments. There's no need for a pound of flesh in this scenario. The community should come out of the whole ordeal stronger than they began.
Thanks once again to all that shared their pieces of information. Having a plausible scenario to explain John's disappearance (especially one that does not involve him having been involved in an accident) provides as much peace of mind as is possible in the interim.
Until the Bitcoins are where they are supposed to be, then there is worry. If you cant offer the service, stop it till you get your affairs in order, because the parties have trusted the escrow agent and there maybe other payments/promises also being held up....
http://mentaso.com/economics/item/220-the-future-of-escrow.html
http://mentaso.com/economics/item/220-the-future-of-escrow.html
I know John has been busy with moving and with other things. I wouldn't worry about too much about him running off with your coins. That doesn't change the fact that you have been inconvienced, but hopefully its a little peace of mind.
Hope his OK,
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
He might have actually got into an accident.
I doubt he ran away with those bitcoins, that's a small amount than what he has held on to before.
It's unlikely that it was an accident, but if he got himself injured, hope he's ok.
Just curious, what was the trade for?
Hookers and blow.
I've spoken with an individual via PM that is going to get a message to John through RL channels. Best-case, he will resolve the escrow situation and post a brief "I am still here, no need to worry" message by the end of this weekend. If that fails to occur, I'll be revisiting this issue on Monday, looking for more recommendations for next steps and timelines from this community.
I'd like to extend a deep, heartfelt thanks to everyone that offered suggestions or help in this so far, no matter how small.
-Chainsaw
I'd like to extend a deep, heartfelt thanks to everyone that offered suggestions or help in this so far, no matter how small.
-Chainsaw
Just curious, what was the trade for?
I've spoken with an individual via PM that is going to get a message to John through RL channels. Best-case, he will resolve the escrow situation and post a brief "I am still here, no need to worry" message by the end of this weekend. If that fails to occur, I'll be revisiting this issue on Monday, looking for more recommendations for next steps and timelines from this community.
I'd like to extend a deep, heartfelt thanks to everyone that offered suggestions or help in this so far, no matter how small.
-Chainsaw
I'd like to extend a deep, heartfelt thanks to everyone that offered suggestions or help in this so far, no matter how small.
-Chainsaw
John is fine, he's just really busy right now. He's got a ton of stuff to take care of, he'll be on as soon as he can.
Hope his OK,
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
That doesn't really sound too good. If he does do that, no one should use that person as escrow until; his main account comes back on of course.
Yeah of course don't do any trades, he could even give it a scammer tag or something or a under title saying DO NOT TRADE.
That's another great idea. To be secure, he'd need to confirm identify from his native account, and keep the credentials for the secondary account unique stored only in his head, or otherwise secured by layers additional to those that could cause a breach of his main account.
Hope his OK,
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
Maybe when he comes back he should create a ALT account that he is happy to log on on a unsecured computer just to give people updates if he has gone away for what ever reason.
Like JohnK-Alt or something.
That doesn't really sound too good. If he does do that, no one should use that person as escrow until; his main account comes back on of course.
Yeah of course don't do any trades, he could even give it a scammer tag or something or a under title saying DO NOT TRADE.
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