Post
Topic
Board Lending
Re: [WTS] Bitfloor Debt - 103 BTC
by
BitcoinForLiberty
on 08/09/2012, 20:42:07 UTC
I think Bitfloor could be more popular immediately upon reopening than it was a week ago if (1) it could immediately make all deposited BTC available for withdrawal and (2) it demonstrated a new security approach that is perceived as innovative and robust. This is possible. There are a lot of people who have had great experience with Roman and Bitfloor and are willing to back him as an investor. I am willing to consider doing so myself. A relevant fact is that Bitfloor doubled its volume between June and August, showing they were really doing something right.

If they could demonstrate that they could keep obligations to customers even in the event of a security breach and also show that another security breach is extremely unlikely, then this would mean Bitfloor is the safest exchange to use.

Also, no publicity is bad publicity as they say. It has attracted a lot of attention these last few days.