Post
Topic
Board Service Announcements
Re: bitfloor needs your help!
by
blakdawg
on 07/09/2012, 00:54:43 UTC
My bet is that everyone with funds at Bitfloor will end up with a pro rata share of the total "deposits", with BTC valued at today or yesterday's average USD exchange rate. And court fees, attorney fees, accountant fees, trustee's fees, and all of the rest come out first.

So a pretty good outcome would probably look like 25% of your total deposits (assuming, overall, that half of the value deposited was BTC (which is now gone) and half was USD, and half of what's left gets spent on the friction of litigation), and you'll probably get it in 12-18 months.

Well you lost that bet.  Big Time.  You were wrong about both the terms and the timing.

If I was wrong about that, I think it's great news. I don't like to see people lose money to criminal behavior.

On the other hand, we're not done. This story wasn't over yesterday and it's not over today and it's not going to be over tomorrow. So it's a little early to be calling wins and losses.