bitfloor needs your help!

[DeathAndTaxes]

I am shocked, SHOCKED to hear that people are having their money seized by Bitfloor once again.

What money seized?  bitfloor has paid out BTC withdraw requests and has paid out ACH withdraw requests yesterday.  We will see in 48 hours if they are paying out current ACH withdraw requests.

So what seized money are you talking about?

[1714219135]

1714219135

[1714219135]

1714219135

[Entropy-uc]

I am shocked, SHOCKED to hear that people are having their money seized by Bitfloor once again.

What money seized?  bitfloor has paid out BTC withdraw requests and has paid out ACH withdraw requests yesterday.  We will see in 48 hours if they are paying out current ACH withdraw requests.

So what seized money are you talking about?

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

When I tried to sell to a third party Roman specifically intervened and said that BTC owed were not transferable.  Yet you were able to sell your bad debt off.

No wonder you are such a fan of this failed business.

[Rassah]

I certainly won't touch a US-based bitcoin exchange ever. Until the trust factor has been built up over time.

So, where do you trade at if not Bitfloor or MtGox (which is moving US portion into US)?

[justusranvier]

Months later; what is the feeling about Bitfloor now?

I use Bitfloor, but my money never stays on the exchange for more than the few minutes it takes between when the LocalTill deposit clears, I execute a market order, and withdraw bitcoins to my own wallet.

This is why.

Not to single out Bitfloor though. This is the same policy I use for any exchange.

[Rassah]

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

What? What was that about? Can you elaborate please?

[DeathAndTaxes]

I am shocked, SHOCKED to hear that people are having their money seized by Bitfloor once again.

What money seized?  bitfloor has paid out BTC withdraw requests and has paid out ACH withdraw requests yesterday.  We will see in 48 hours if they are paying out current ACH withdraw requests.

So what seized money are you talking about?

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

When I tried to sell to a third party Roman specifically intervened and said that BTC owed were not transferable.  Yet you were able to sell your bad debt off.

No wonder you are such a fan of this failed business.

Stop spreading lies.  I transferred rights to the debt but the balance is still on my account.  Roman didn't help, he told me the exact smae thing (a mistake IMHO).  When bitfloor makes a payment, it posts to my account,  I contact the buyer and forward the funds to him.  You could have done the exact same thing, nothing prevented you.  The fact that you lack imagination falls on you nobody else.

Keep your slander to yourself.  Of course this has nothing to do with your current lie/FUD.  Nothing has been seized by bitfloor.  BTC withdrawals have been paid.  ACH withdrawals are in progress.

[Rassah]

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

When I tried to sell to a third party Roman specifically intervened and said that BTC owed were not transferable.  Yet you were able to sell your bad debt off.

Oh! You think that no one was able to pull their debt Bitcoin out, but DeathAndTaxes got preferential treatment and Bitfloor allowed him to pull his portion of the stolen coins out?
Yeah, trust me, that's not what happened. Bitfloor did not give any special treatment to anyone.

[Inaba]

I am shocked, SHOCKED to hear that people are having their money seized by Bitfloor once again.

What money seized?  bitfloor has paid out BTC withdraw requests and has paid out ACH withdraw requests yesterday.  We will see in 48 hours if they are paying out current ACH withdraw requests.

So what seized money are you talking about?

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

When I tried to sell to a third party Roman specifically intervened and said that BTC owed were not transferable.  Yet you were able to sell your bad debt off.

No wonder you are such a fan of this failed business.

Stop spreading lies.  I transferred rights to the debt but the balance is still on my account.  Roman didn't help, he told me the exact smae thing (a mistake IMHO).  When bitfloor makes a payment, it posts to my account,  I contact the buyer and forward the funds to him.  You could have done the exact same thing, nothing prevented you.  The fact that you lack imagination falls on you nobody else.

Keep your slander to yourself.  Of course this has nothing to do with your current lie/FUD.  Nothing has been seized by bitfloor.  BTC withdrawals have been paid.  ACH withdrawals are in progress.

Entropy lying?  I am SHOCKED!  SHOCKED I SAY!  It's not like he doesn't have a history of it or anything...

But anyway... what happens to the debut that's till owed?  I have some active BTC in my account, I expect it will be paid out.. but what about the 288 BTC that's still on "hold" ?  Goes poof I assume?

[Minor Miner]

I am shocked, SHOCKED to hear that people are having their money seized by Bitfloor once again.

What money seized?  bitfloor has paid out BTC withdraw requests and has paid out ACH withdraw requests yesterday.  We will see in 48 hours if they are paying out current ACH withdraw requests.

So what seized money are you talking about?

How about the money you gained at my expense by getting a preferential payout from the last 'hack'?

When I tried to sell to a third party Roman specifically intervened and said that BTC owed were not transferable.  Yet you were able to sell your bad debt off.

No wonder you are such a fan of this failed business.

Josh;
I am not sure you should be calling anyone a liar.   Are you too busy shipping product to your disappointed customers to be on here?   Or, did you finish all your shipping last week?   Or do you only ship NEXT WEEK?
You are a real POS.


Stop spreading lies.  I transferred rights to the debt but the balance is still on my account.  Roman didn't help, he told me the exact smae thing (a mistake IMHO).  When bitfloor makes a payment, it posts to my account,  I contact the buyer and forward the funds to him.  You could have done the exact same thing, nothing prevented you.  The fact that you lack imagination falls on you nobody else.

Keep your slander to yourself.  Of course this has nothing to do with your current lie/FUD.  Nothing has been seized by bitfloor.  BTC withdrawals have been paid.  ACH withdrawals are in progress.

Entropy lying?  I am SHOCKED!  SHOCKED I SAY!  It's not like he doesn't have a history of it or anything...

But anyway... what happens to the debut that's till owed?  I have some active BTC in my account, I expect it will be paid out.. but what about the 288 BTC that's still on "hold" ?  Goes poof I assume?

[muyuu]

I certainly won't touch a US-based bitcoin exchange ever. Until the trust factor has been built up over time.

So, where do you trade at if not Bitfloor or MtGox (which is moving US portion into US)?

Bitstamp, Bitcoin.de, BTC-e, etc I assume.

[crazy_rabbit]

I certainly won't touch a US-based bitcoin exchange ever. Until the trust factor has been built up over time.

So, where do you trade at if not Bitfloor or MtGox (which is moving US portion into US)?

Bitstamp, Bitcoin.de, BTC-e, etc I assume.

I have been happy with Bitstamp.

[jojo69]

Entropy lying?  I am SHOCKED!  SHOCKED I SAY!  It's not like he doesn't have a history of it or anything...

But anyway... what happens to the debut that's till owed?  I have some active BTC in my account, I expect it will be paid out.. but what about the 288 BTC that's still on "hold" ?  Goes poof I assume?

pot, meet kettle,  kettle, pot

you two should have a lot to talk about

[BoardGameCoin]

I also am curious about the status of the BTC debt?

-bgc

[ivanc]

People who think the debt should be payed in Bitcoin are completely non-sensical.
The debt equals to the value of the holdings at the time of the hack.
This value can be denominated in USD, BTC or whatever reserve of value.
For example, if you want to denominate the debt in USD, the value equals the USD equivalent at the time of the hack corrected with the inflation rate since the time of the hack + interest rate.
If you want to denominate the debt in BTC, you have to correct the value of the holdings at the time of the hack with the inflation rate of BTC since the time of the hack (as you know, for bitcoin this inflation rate is very negative).

I won't comment or correct all other non-sensical comments but some of you guys need a serious valuation course before posting here.

[MPOE-PR]

Entropy lying?  I am SHOCKED!  SHOCKED I SAY!  It's not like he doesn't have a history of it or anything...

But anyway... what happens to the debut that's till owed?  I have some active BTC in my account, I expect it will be paid out.. but what about the 288 BTC that's still on "hold" ?  Goes poof I assume?

Lmao look who found his voice.

[Rassah]

People who think the debt should be payed in Bitcoin are completely non-sensical.
The debt equals to the value of the holdings at the time of the hack.
This value can be denominated in USD, BTC or whatever reserve of value.
For example, if you want to denominate the debt in USD, the value equals the USD equivalent at the time of the hack corrected with the inflation rate since the time of the hack + interest rate.

I think you may be missing the investment potential part of the value. Also, if the debt was denominated in Argentine Pesos value, Bitfloor would only have to pay out 1/6th of the USD value now. So... why USD? And isn't "value" rather arbitrary?

[Rassah]

Roman posted in my thread that he wouldn't support any transfers, and killed any offers for the debt.

I'm pretty sure he posted that in DeathandTaxes's thread, too, so what's your point?

No one was willing to offer even pennies on the BTC at the time.

How is that Roman's or DeathandTaxes's fault?

[MPOE-PR]

Roman posted in my thread that he wouldn't support any transfers, and killed any offers for the debt.

I'm pretty sure he posted that in DeathandTaxes's thread, too, so what's your point?

No one was willing to offer even pennies on the BTC at the time.

How is that Roman's or DeathandTaxes's fault?

Actually they had offers, but Roman is financially inept and in general mentally unprepared to lead any sort of venture. He may be able to code, but he needs to be an employee and obey management. He's unable to self manage.

[Rassah]

Actually they had offers, but Roman is financially inept and in general mentally unprepared to lead any sort of venture. He may be able to code, but he needs to be an employee and obey management. He's unable to self manage.

Congrats on winning your Hindsight 20/20 prize. Have a gold star *

The topic at hand, though, is specifically offloading the debt that Bitfloor owed to you. In DeathandTaxes's case, Bitfloor owed him 200BTC, and although Bitfloor was not willing to do anything with the debt other than hold it on their books and attempt to repay it, Deathandtaxes was able to offload it to someone else in a private contract. Entropy just wasn't as lucky.

[MPOE-PR]

Congrats on winning your Hindsight 20/20 prize. Have a gold star *

The topic at hand, though, is specifically offloading the debt that Bitfloor owed to you. In DeathandTaxes's case, Bitfloor owed him 200BTC, and although Bitfloor was not willing to do anything with the debt other than hold it on their books and attempt to repay it, Deathandtaxes was able to offload it to someone else in a private contract. Entropy just wasn't as lucky.

Thanks for the hindsight gold star! I recall this thread about you selling out of BTC ~15 or w/e it was a month or so ago, so I guess of everyone in Bitcoin you might be the most highly qualified authority to dispense these.