Quote from: ChrisKoss on April 04, 2013, 10:22:23 PM

Quote from: Chaplin on April 04, 2013, 02:53:30 AM

Quote from: jcpham on April 04, 2013, 02:11:56 AM

I feel like it will take an eternity to re-earn the bitcoins I lost in coinlab shares. No offense, guys @ coinlab. pay me. I only mine on your pool by accident at this point - all of my other pools have failed over at that point. I should've never agreed to 95% and a fiat denominated PPS for redeem points as some type of "reward" for my dedication. In retrospect, that's insanity.

The redeem points were a hedge against Bitcoin decreasing in value/profitability, but it can go both ways. I don't think it was insanity; I'm pretty sure we all signed up because we expected profitability to decline. And thanks to unrelated economic developments, it (happily) hasn't.

That being said, I would love to see a formal procedure for credits buy-outs. I know Giga tried to sell his shares awhile back on the forums and was told he couldn't, but that Coinlab could possibly work out a private deal with him for a reduced percentage of his share value.

Interesting idea: I think it could be good for both sides. I'm passing it up the chain.

Can you hint us if the idea was well received, or if it wasn't even listened to?