Post
Topic
Board Mining speculation
Re: Buying BFL debt. $0.10 per dollar owed.
by
PuertoLibre
on 20/04/2013, 06:33:52 UTC
frank, I've changed my mind about you...  I live in Denver only a few hours from bfl.  let me know how I can help you.
Uh oh, this guy has caught on to what Frankie is after....watch out.

Inaba (A BFL employee for those that don't know)

I bet the only reason the BFL employee showed up in this thread is because he needs to put the breaks on your thread before people start either:

A) That their refunds are in anyway at risk when or if they ever need them.

B) The legal spear that might come to bite them in the ass as one (or a handful) of people buy up defunct pre-orders at pennies on the dollar...with BTC. Then file a massively disproportionate legal claim against BFL.

Those that aren't catching on think Frankie is after the refunds from those orders yet fail to see that isn't his winning strategy. As everyone who will eventually go to Frankie is going to have already tried the refund window. With Customer Service at BFL taking many days or weeks to get a response back (at times)...Frankie would only have to wait for it all to fall apart and people to panic.

Then collect a ton of pre-orders for pennies on the dollar, do the legal process and finally collect. How much would he collect? Could be a dollar on dollar amount. Could be alot less than that. Probably more than 10cents on each dollar.

@ Frankie I would ignore Inaba. He is ["probably"] just trying to derail your thread or is probably asking the mods move it or get it deleted/locked.

Your strategy took a few hours to sink in. It truly it is a beneficial strategy to all involved if BFL did go defunct. I suppose it would be better than a customer crying about losing 100%. I suspect though that you would lower your rates based on the level of panic that would be created with a failed BFL.

If I were you, I would ignore Inaba. Hes going to probably try his darndest to derail the thread. Let it stand as an open offer.