TF, you have a great brand and innovative products.
Just an idea. Maybe an investor with $1 million+ dollars could turn this situation around. I'd like to see all this succeed--call me crazy but II/CL is still salvageable.
^ This. CL was a great concept with a growing lender base, a successful track record at making BTC loans profitable for itself and its depositors. That is a fact that cannot be denied and it would be a real shame if TF did not capitalize on that fact, which is really his most valuable asset (after our BTC, of course!).
If he was smart he'd be out there working every single connection he could to find a few large investors so as to rectify the situation and then turn this crappy event into killer marketing. I can tell you personally that if I got 100% of my BTC refunded (or at least a binding promise to refund 100% of my principal in a year while still earning interest on it) and CL overhauled their security (a third-party security audit would go the distance to prove that fact to me) then I'd happily keep all my current deposit - and likely increase it by 200-300% right away.
You listening, TF and all you bitcoin millionaires out there? Damn where are the Winklevoss bros when you need them... they need to join bitcointalk.
I agree wholeheartedly. I can't afford to double down on my deposit, but i don't really feel the need to withdraw it. I just want to make sure I have access to it when it's needed. If TF could come up with some way to keep the service alive, I'd be happy to leave my deposit in place.