What could be the reason no-one havent got paid for a long time? They just stall cashouts... ??

Money is gone

So, do us civilians get to hear the date of this Secret Ninja Exact Deadline, or is that information classified, along with the Secret Ninja P2P Rules and the Secret Ninja Solvency Proof?

I totally agree, Joseph adds nothing new to the problem at hand or even easing people's concerns. He didn't even take a proactive approach to taking steps to solve anything. I would have expected him to give us an outline of what they are doing to improve the situation. From the looks of his first post, they appear to have no plan at all.

You're forgetting the most important "holiday".

It's Cinco de Mayo.

I believe he only said "3-4 weeks".

I ran the IP check on the "lockpokerofficial" account, and the post IP is definitely in Germany (Berlin).

It doesn't share any IPs with Shane, though.

That doesn't necessarily mean a ton, but it's definitive evidence either way. I agree Lock needs to verify this is a completely new rep.

So, what the deuce is going on here? Is there a concrete deadline, or are they confusing a concrete deadline with this flexible 3-4 weeks number that everyone is throwing around? Why is this deadline more concrete than the last non-concrete deadline of 3-4 weeks? If the concrete deadline can be given to anyone, can you give it to the 2p2 Lock forum?

P.S. "3-4 weeks" is not the kind of answer I am looking for. More like "May 10, 2013".

ETA: I don't know about you guys, but when I'm on deadline, my boss doesn't give me a 14 day window.

Everyone that still plays on lock should type in chatbox for everyone to check out lock on 2plus2

yeah cuz why wouldn't we want fish to discover 2p2?

By the time fish from lock learned anything usefull from 2plus2 to improve their play i doubt lock would even still be around

so they'd move to other sites...
sigh

Has 2+2 been given details of the supposed "forum conspiracy" to drive down the value of Lock money?

This is a good point, have they provided you guys with any proof of this?

Also, its pretty funny that as 2pl2 management says they are trying to work with Lock (and doing them a favor by still legitimatizing them with a support forum) that Lock is blaming 2pl2 members in the marketplace for the situation to begin with.

Which this theory doesn't make sense to me at least. IF for every dollar in play on Lock Poker there was a dollar in a bank account somewhere, why would this even be relevant? It wouldn't matter if people are speculating on the value of lock money, or people are trying to make a few bucks by doing payouts for others. How could people speculating on the secondary market affect the balance sheet of lock itself? THEY would have $1 for every $1 in play, and hence be able to afford 100% of the cashouts. You cant have a run on the bank when the bank can cover 100% of the funds, that would simply be called withdrawing.

Unless I am not understanding this, and if someone has an economics degree I would love to hear a breakdown of why this makes sense.

Both badmouthing and low secondary value strongly discourage deposits. I can see why any site would not want that.

If it's true, though, they should be interested in getting 2+2 involved, and providing whatever evidence they have in order to assist a 2+2 investigation.

I can see that. But what % of net depositors do you think really pay attention to the secondary value of that sites money.

To be honest, I have online played poker for a living for 6 years and I didn't even know there was a secondary market for online site money until after black friday. Never occurred to me to check something like that before depositing on a site.

Sites that segregate funds don't want deposits--They want rake. Deposits are a tangentially related issue.

Regardless, Lock seems to be talking about two different things, which might have happened together:

1) People trying to lower the price of Lock money on the forums.
2) People (possibly the same people) finding ways to circumvent their play-through requirements.

The first thing seems to me a tangential issue. The second is a pretty common security problem that shouldn't be so incredibly hard to deal with that they have to stop cashouts of any transfers on the whole site.

I don't think it's tangential at all. Rake is entropic, and without a continuous flow of new money, will quickly bring the whole ecosystem to a halt. A poker site whose effective rake is greater than deposits minus withdrawals is doomed.

and thennnnnnnnn.............

http://forumserver.twoplustwo.com/28...sfers-1327136/

really interesting imo. Could it be that: some big fraud really happened on both ipoker and revo/Lock. ipoker handles the issue essentially the exact same, albeit in a more diplomatic/professional way (locking people's accounts is essentially the same as cancelling withdrawals, unless you're going to tell me ipoker locks accounts, but does process said accounts their payouts in the meanwhile.. i much doubt it)

and ofcourse Lock handles it in their terribad way, because you know, Lock is Lock.

inc *shill* comments please, think about it, post rationally, with arguments, don't blindly bash me again with posts driven by emotion and no logic or thought, thank you.

It's at least possible, right?

Not really, no.

^

Will the real lock rep please stand up

-Post wild speculation
-Assert that you're not a shill
-Demand logic

.. so then both actions on both networks happening at pretty much the same time is coincidence. That's definately possible aswell. Ofcourse it's speculation, what isn't speculation? did _ANYONE_ post _ANY_ facts here yet? I can't believe you're holding "speculation" against me, that's just such an incredibly dumb thing to say, sorry, but it really is.

Yes, there are a lot of facts indicating big problems at Lock that have been posted over and over again. That is why they no longer have banners and promotional threads here.

Ipoker halting p2p transfers for the last few days for unknown reasons has nothing at all to do with Lock. What exactly are you even insinuating? You're saying that an imaginary group of fraudsters also hatched an insidious plan to drive down the value of Ipoker funds and then abused transfers to cash in and created a backlog of cash outs? Obviously that's total nonsense and hasn't happened anywhere, but even if it did, at least Ipoker stopped transfers instead of just stealing peoples' money and continuing to allow transfers like Lock.

lol priceless even for Mccormick

I just want to pop in and say that until Mason and I confer about this in the next couple of days you probably won't hear anything from us. But we are monitoring the thread.

If Lock wants to provide evidence to us, privately, we may or may not accept that offer. It's likely they would be better off providing evidence to an even more neutral party than 2+2.