Quote from: bitcoinermax on December 23, 2013, 12:44:39 AM

Quote from: cedivad on December 22, 2013, 11:57:26 PM

People defending HF... No, i really can't understand it.

Cedivad - I think you need to try and understand:

- if HF do end up missing the Dec 31 deadline, the problem is going to be a lot more serious than refunds in BTC or USD. As the real question is whether HF has the funds for refunds at all or not. And if they don't, then it doesn't matter whether anyone thinks refunds should be in BTC or USD or what HF agrees to, as they simply won't have funds to return. Their only way out as far as i can see is for them to self mine to pay for the refunds. But that wont or cant happen overnight as they will need to find a hosting location, set it up etc etc so what everyone needs to think about realistically is whether you would prefer (a) to wait for them to mine enough to pay the refunds or (b) to simply mine them yourself. My guess is that (b) might be quicker and give everyone a higher degree of control than waiting for news all the time

The unfortunate reality is that anyone who buys pre-sales puts themselves in the same boat as the seller. The seller might be driving the boat but even so, if the boat sinks, everyone will go with it. Not only the driver. So while it is understandable to want to sink the boat out of frustration with the driver, in the end, it will likely only be self defeating

You still think they will meet their Dec 31 deadline? Oh man...