Big Buyer on BitFloor

[MPOE-PR]

Please stop spreading misinformation about the debt responsibilities and client holdings of BitFloor as it relates to the US legal system.

So if I hold BTC with you, you have no obligation of returning them to me upon request ?

All I see is a question which you've not yet answered. As I said I know nothing about the situation and I'd like to know. Stephen Gornick explained matters sufficiently well, so unless you have a counterpoint to his explanation, post it rather than try to imply .... What are you implying, exactly? I don't even

Don't waste your time, Stephen Gornick is 100% right. Shtylman is in a massive debt towards its users. And not so surprisingly he starts defining Bitcoins as monopoly money as soon as you start reminding him of it. And for some reason a couple idiots follow him...

The only reason there are massive bids, is that people want to get out of bitfloor and put as much distance between them and the massive pile of fail it has become.

Shtylman, you're dead in this business, so is your exchange.

QFT.

[1715141849]

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[toffoo]

As an unaffiliated outside observer, I belief both sgornick and shtylman make valid points here and it's not obvious that either is completely right or wrong.  We all know that resolution of conflicts of bitcoin is a legal grey area.

shtylman built a good exchange that was unfortunately caught in a bad situation (or so the story goes) and has done a decent job of attempting to recover from it under difficult circumstances.

sgornick makes excellent and valid points about how that recovery was executed and the potential risks going forward.


Let's not resort to name calling or attempting to silence valid criticism.

Let's use this forum as intended, as a free and open discussion that benefits the entire community.  Put the information out there (color it if you must toward your point of view) and let the each individual decide what's best for their own interests.

[HDSolar]

As an unaffiliated outside observer, I belief both sgornick and shtylman make valid points here and it's not obvious that either is completely right or wrong.  We all know that resolution of conflicts of bitcoin is a legal grey area.

shtylman built a good exchange that was unfortunately caught in a bad situation (or so the story goes) and has done a decent job of attempting to recover from it under difficult circumstances.

sgornick makes excellent and valid points about how that recovery was executed and the potential risks going forward.


Let's not resort to name calling or attempting to silence valid criticism.

Let's use this forum as intended, as a free and open discussion that benefits the entire community.  Put the information out there (color it if you must toward your point of view) and let the each individual decide what's best for their own interests.

+1

[organofcorti]

As an unaffiliated outside observer, I belief both sgornick and shtylman make valid points here and it's not obvious that either is completely right or wrong.  We all know that resolution of conflicts of bitcoin is a legal grey area.

shtylman built a good exchange that was unfortunately caught in a bad situation (or so the story goes) and has done a decent job of attempting to recover from it under difficult circumstances.

sgornick makes excellent and valid points about how that recovery was executed and the potential risks going forward.


Let's not resort to name calling or attempting to silence valid criticism.

Let's use this forum as intended, as a free and open discussion that benefits the entire community.  Put the information out there (color it if you must toward your point of view) and let the each individual decide what's best for their own interests.

+1

Merely +1.

[iCEBREAKER]

You're a moron. Go away.

If you would like to continue, I suggest we take it outside, or to the "Let insult each other!" thread.

[davout]

If you would like to continue

My time is valuable, so thanks but no thanks.

[danieldaniel]

Scenario:
I lend you 10 btc.  You agree to pay back on January 1.


January 1 arrived, you say you don't have the Bitcoins.  But, since it was just monopoly money, you have no obligation to pay me back.

Does that sound OK to you?

(sorry to continue this, btw)