Quote:
Originally Posted by wolfshade
Oh please! wake up and smell the fucking coffee!
It doesn't take a genius to know the status of things. Allow this retired fuck to enlighten you:
- The cash is FROZEN because the accounts got switched off by VISA
- This means its safe, that much is true. There are laws for this, and those same laws ensure you will all get your cash back.
- Wallet transfers go as normal, its been posted and plastered all over this board, so Epass is not scamming or running with your money.
However, Epass for all intends and purposes is dead, simply because it takes to long to get up and running again and without the visa functionality they are simply not interesting to most who used them.
So when this shit is sorted and all your money is back into your pockets Epass will be a shadow of its former self if alive at all, because you can rest assured that by the way they mishandled this mess the big boys didn't walk away, they ran!(See how affiliate programs are dropping them on a large scale and that's just the part we see happening).
Is all lost? Only time will tell. Perhaps in a year or so Epass will have managed to regain a bit of what they lost in the last two weeks.
So the million dollar question in this case would be, can Epass sustain the hit they are taking as we speak and continue, or will it drown in the process?
Either way you will be getting your money back, but you may have lost the convenience of Epass forever.
That's what is really at stake here not the cash tied up in the VISA end of it.
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The big question is, if everyone tries to get their money back out of their wallet if there will be enough money there to repay everyone. This has nothing to do with the VV situation, just a notion that it may be possible that epass was investing some of the funds it held. Who knows, but that tends to seem more logical of a reason why wires are taking 2+ weeks to go out for some and most people who requested to withdraw all of their wallet money is still waiting for a wire. We shall see. If they can send wires (which we know they can since some people got them) then 100% of all wires requested should be completed already, but how much longer do they need to blame it on a "backup"? another week ? time will tell if the "backup" is a smoke screen because all of the funds weren't available to send out all of those wires.