Quote from: Miramyn on November 01, 2013, 01:40:04 AM

Quote from: eleuthria on November 01, 2013, 01:10:54 AM

Quote from: fungal on November 01, 2013, 12:27:04 AM

Quote from: silverston on October 31, 2013, 11:40:53 AM

Quote from: fungal on October 30, 2013, 12:16:46 PM

Quote from: silverston on October 30, 2013, 10:58:31 AM

No any normal person would not be there mine, until they pay the debts of

So you would say, liquidate and not let them trade out (in business terms)? More an American type of logic... where as if they do have financial issues and they can trade out and everyone gets their btc... is that not a better option than them shutting down and all the users losing out, because some people just don't care?

Please do not be offended, I am not suggesting you are American, just it is that type of mentality that I see from them, an observation if you will...

I am not American. Grin

Unfortunately, my guess are that the pool will not be back to normal as long as they do not pay honestly earned coins. I do not want others Bitcoins - I want to get my back.
and more. Pool speed drops and drops - people do not believe what they write.
sorry for my english

OK, lets do a little business 101 here... (and some common sense)

If there was a theft of coins which appears likely, how would you suggest they pay them back to people who earned them (the members who effectively had their coins stolen by a third party that were held at 50btc)?
How do you think they make an income? with the percentages (in the form of commission) as you would figure out with basic understandings of most mining pool business models...

So if you keep the above in mind... how would you expect them to cover the outstanding balances with zero income? Unless you *ASSUME* they have other funds hidden somewhere.

You could see this as a company seeking bankruptcy protection whilst attempting to trade out of the bad situation so everyone would get paid eventually.

Finally here is how I can see it working, if they are honest (do we have any proof of any dishonesty? what happened last time there was an issue like this?) then they would need some form of income for new %s (as a commission) off the top of the hashed/mined coins from here on in, as you can not pay people with money you do not have unless you steal from someone else, which would be rather unethical to me and I would not trust a thief (remember they are claiming theft from them via one means or another, ie they claim to be a victim here also), I do not suspect that their motive is to steal (from past history and) as they are still functional (to a degree) and have not said (like abcpool.co - I know different story but I lost coins there too) that they would close up. To me it looks like they have intentions to trade through this, time will tell and you would be right to think it is a gamble to push hashes their way but in the same breath it may be the only way people will get paid out and for them to grow again. I also hope that if/when the get through this storm they show appreciation to those who stood by them and had faith in their commitment.

If they lost user's money, it should be paid out of previous profits they took in. Just like any other pool that has had a theft/hack occur. You either close the pool, or man up and take the loss. If the pool keeps running and people are expected to just give up the coins they've lost as a result of 50BTC's failed security, this thread should be moved to the Scammer section instead.

+1

+1,000,000,000

I have been in almost daily contact with them and they are assuring me that after they feel the wallet is safe from another attack and hack like the one that just happend they will be moving funds into the Hot wallet and be enabling payouts and paying everyone