Post
Topic
Board Service Announcements
Re: bitfloor needs your help!
by
BitPay Business Solutions
on 04/09/2012, 20:07:55 UTC

+1 I agree with BitPay(Tony?)

On another note, it might be possible to raise funds with a bond or equity (preferred shares, maybe?) issue. Not sure about the legality, regardless BitFloor will absorb the lost coins but at least your customers will be satisfied imo.

Yes that's me.

Multiple options are being considered.  First and foremost, Roman needs a written security plan.  This is just processes and procedures, not passwords.

Beyond that, I have given Roman some ideas on how he can restart or rebuild Bitfloor stronger, but I will wait for him to review and circulate those ideas himself.  Taking outside investment capital is not out of the question.  He has the best technology of any exchange, and that is worth something to people looking to invest in this area.  He also needs to learn from this and have the best security of any exchange.