Quote from: YesLOST on August 14, 2017, 08:10:52 PM

Quote from: stingray454 on August 14, 2017, 06:46:06 PM

Quote from: YesLOST on August 14, 2017, 05:39:39 PM

Quote from: Thangz on August 14, 2017, 03:24:58 PM

So lets make it easy math can someone tell me what the 55%/45% ratio would be if u had 10k fiat , and is there is diff if u had say 4 btc (appox value 10k when site went down with btc @ 2546) thanks

Currently, it looks that they open a new exchange and the fiat holders will get 55% fiat + 45% btce tokens. Nothing else. Then you can buy coins (if somebody is selling them, maybe at $10.000 per coin, haha) at the exchange and withdraw them.

Basically, fiat holders are fucked hard.

If we get 55% fiat + tokens we're pretty well off as that means every dollar back (just missing the btc pump so we'll be able to buy a lot less coins if we buy back in), but it will be hard to trade the fiat for btc I recon. I think fiat holders will get 55% in random crapcoins, and the rest as tokens (ie no fiat). That means they are f**ked even harder.

From the looks of last update, they clearly say that everybody gets back their "currency balance" because of "fairness". Thus, 55% in fiat or 55% in coins.

We are not well off, if we get 55% in fiat. Because the only way out of the exchange will be in coins somebody needs to sell to us and who in his right mind is going to do that..., uhmm, maybe we are able to withdraw fiat. Well, lol, yeah probably they can manage fiat withdrawals, but I somehow doubt it Undecided

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My Ukrainian friend (who is somewhat active in Russian-speaking forums) seems to be under the impression that they may be able to coordinate fiat payments through services like Yandex and WebMoney. Not sure how that could work given that Yandex is a publicly traded company.

Maybe another convoluted web of shell companies processing fiat through third parties (like online poker companies) is possible, given that it would probably take at least a year or two before the US government could set up another similar operation. Maybe next time, they'd be better prepared.