East Inda Company SHOWING SIGNS OF LIFE

Don't know what to make of it but I can confirm that when EIC came back to life a week or so ago NONE of my redeem scripts showed up on their automated "To Release" section of vendor order page.

As of 1/19 the site has successfully generated 6 different release transactions(appears to be being generated in order of time). I have collected 10+ BTC using these redeem scripts and the multisig funds left the wallets.

It appears other vendors in market chat can also confirm this as of today, as to what all of this means I'm not sure, but I can only speculate that EIC admin(s) have returned and before PSA or anything they want to prioritize getting multisig/escrow funds released to vendors.

Best of luck to all of you that had funds tied up in EIC, I've gotten ~4,000 USD out of the $7,000 USD i had in multisig escrow so let's hope for central escrow releases next.


Comments


[8 Points] None:

I've gotten ~4,000 USD out of the $7,000 USD i had in multisig escrow so let's hope for central escrow releases next.

you had $4000 in multisig sales? that's impressive, i've heard that most vendors can't even get people to use it with a discount, granted that was a few months back on BlackBank


[6 Points] boobitypoop:

EIC will be the next big dnm they said. EIC will be next agora/sr they said. EIC has great support they said


[2 Points] None:

[deleted]


[2 Points] Pelican_Vendor:

As I said they were probably syncing the block chain over tor


[1 Points] ThisIsCentral:

That's really good to hear.

Though I still wonder why the admins haven't released a signed statement yet. People are going crazy with rumors.


[1 Points] CosmicBites:

That's interesting because none of our redeem scripts are showing at all. No update from support as well


[1 Points] Vendor_BBMC:

I thought the idea of multisig escrows was that you don't need the site to be up to get your money.

Obviously, it won't protect you against the site owner stealing your escrow, but it should stop the FBI if they closed it down.

talking of the FBI, have EIC commented, or are we still assuming that the feds are running it now?


[1 Points] jjdrop:

I'm glad you were able to extra your bits MLC now.. you said you made a loss.. I'd just save the coin and wait a week to sell.. gonna be climbing


[1 Points] isuggestyoupaymenow:

oh wow now they can scam more people!


[1 Points] _XxXBLAZEITXxX_:

Any idea what happened to it?


[0 Points] ogsupersaiyen420:

Smooth as silk


[0 Points] -constantly-:

On the contrary, now that the admins shut down the market chat and the forum, I finally believe that the market is going away.