Quote from: nicohigh on March 21, 2014, 02:14:35 AM

Hi Guys.
Just inscribed myself, got goxed too... (asked withdrawal for all my fiat mid january, but it never arrived).

I don't if this has be done somewhere (tell me if so) , but I was just trying to guess how much I could get from the bankrupcy procedure...

I made a few guesses :
- All MTGOX assets are shared beetween us
- BC and fiat holders are treated equally
- MTGOX BC are just lost
- 10% of the assets go to procedure costs and people ( that what happens in france, these people pay themselves first...)

the big question is the amounts on each side :
according to the crisis draft :
-Assets : 2000 BC + 32,4 M$US
-Liabilities : 544 k BC (624 _ 80 ) + 55 M$US

and then the price of BC to balance everything is a key too (high price for BC make the hole bigger...)

With a BC price @500 $US, the assets cover about 8% of the liabilities ...
If the BC price go to 200, then we could have about 18% back .

then I saw that MTGOX still have something like 200 000 BC.
It would make about 30/ 40 % ( wich I would be happy with ! )

Well,
It s a lot of guesses, and this can take more than a year ...

what do you think ?

I am not an expert either, but I have the feeling they would divide the amount of BTCs left with the users and the same thing would happen with fiat. So I don't think they would convert the BTC into fiat. Of course, this would only happen after all the costs and first-in-line creditors get their money back.

Granted, this is pure speculation - any lawyer around here?