Quote from: Hit It! on August 08, 2016, 10:03:11 PM

Quote from: MingLee on August 08, 2016, 03:54:25 PM

Quote from: Hit It! on August 08, 2016, 03:44:34 PM

I wonder if they will pull this off. If they do, will the BFX tokens actually gain in value? Will they finally become equal to the loss? How long could that take? This is going to be an interesting journey from a large hack. Hopefully it goes better than the way MtGox went. Liquidation doesn't seem like a very good path either.

Chances are it's going to be a fairly long time before the BFX tokens are able to pay off everything that was lost, especially considering the lost business from the hack and the mistrust of the website now. It is definitely better than what happened with Mt.Gox, and I hope they'll able to get everyone their funds back, but I wouldn't be betting on it personally.

What is the chance they'll get this issued and keep operating compared to going into receivership / liquidation?

They'll only keep operating if they don't have a bank run when they open withdrawals. If they survive that they can issue their coins and keep operating, unless some bigshots with money to pay lawyers decide to sue them. If they start trading their tokens I think their price won't stay near a dollar. Almost everyone will dump.