Ninjastic
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Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
JayJuanGee
on 10/05/2014, 19:19:45 UTC
Quote from: Bitcoin_is_here_to_stay on May 10, 2014, 02:59:51 PM
Quote from: joehal on May 10, 2014, 02:33:08 PM
Quote from: JorgeStolfi on May 10, 2014, 02:26:11 PM
A liquidation would return to the clients some amount X that they can invest any way they like, including in MtGOX 2.0 if they want to.  The Sunlot plan would return them less than X and force them to invest the remainder in MtGOX 2.0, with no option to get out.  I still don't see how this can be better than that.

I'm guessing with the Sunlot plan, the clients have a small chance to get back their entire account. At least in a long time. And that is probably better than getting back only 20% or less (zero according to some here)

The problem is that the court would make this decision for the customers - and apparently few were consulted and truly support Gox 2.0

Courts are NOT going to take a vote, but they will allow for stakeholders to submit their arguments.  Most courts consider it their obligation to look after the interests of minority or non-vocal stakeholders, as well.