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Ilan1
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August 12, 2014, 06:44:37 PM |
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How long realistically do you reckon it will take to get a resolution and some kind of compensation check?
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Once a transaction has 6 confirmations, it is extremely unlikely that an attacker without at least 50% of the network's computation power would be able to reverse it.
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pmorici
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August 12, 2014, 09:41:50 PM |
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How long realistically do you reckon it will take to get a resolution and some kind of compensation check?
The court's deadline for filing claims is October 6th, 2014. It's my understanding that the earliest that any money would be paid out is some time after that date. |
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stan258
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August 13, 2014, 12:14:02 AM |
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How long realistically do you reckon it will take to get a resolution and some kind of compensation check?
The court's deadline for filing claims is October 6th, 2014. It's my understanding that the earliest that any money would be paid out is some time after that date. Would also depend on how fast they get funds. Buy out, liquidation or a combo of both. CRO can attempt to get finished product out maybe save the company... they need an infusion of cash to restart. |
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Ilan1
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August 13, 2014, 09:01:18 PM |
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Thanks, I am still finding it really hard to get over what has happened, as a Bitcoin miner you take such a risk when buying equipment in the hope that you ROI, but to get totally robbed like this is really sickening! It's going to be really hard for me now as a Bitcoin hobbyist miner to ever earn back the 4.5k Hashfast have stolen from me!
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btchedge
Member
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Activity: 92
Merit: 10
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August 14, 2014, 08:12:19 AM |
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Do we know who the CRO is? I cannot seem to find a name anywhere.
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Who is John Galt?
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cedivad
Legendary
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Activity: 1176
Merit: 1001
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August 14, 2014, 08:50:36 AM |
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Do we know who the CRO is? I cannot seem to find a name anywhere.
The supposed (because no one is updating us) cro name is in the latest audio file I posted. |
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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August 14, 2014, 06:05:25 PM |
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Notice of HearingOfficial Committee of Unsecured Creditors' Notice of Rescheduled Hearing on Motion for Substantive Consolidation(RE: related document(s) 148Motion to Consolidate CasesOfficial Committee of Unsecured Creditors' Motion for Substantive ConsolidationFiled by Creditor Committee Official Committee Of Unsecured Creditors).Hearing scheduled for 9/10/2014 at 09:30 AM at San Francisco Courtroom 22 - Montali.Filed by Creditor Committee Official Committee Of Unsecured Creditors (McDow, Ashley) (Entered: 08/13/2014) Not knowing anything is frustrating. With HF before, with the committee now. |
My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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August 14, 2014, 06:23:36 PM |
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That's some serious marketing effort.
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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stan258
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August 14, 2014, 06:25:39 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. |
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jddebug
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August 14, 2014, 07:10:22 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? |
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HardwareReviewer
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August 14, 2014, 07:25:44 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? Including PSU, I'd say 1100 USD - 1300 USD (also depends on power consumption ofcourse). |
Prepare to enter a world of stress
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ProfMac
Legendary
Offline
Activity: 1246
Merit: 1001
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August 14, 2014, 10:57:35 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? , it looks like the unit will succumb to electricity costs in January 2015 after earning $728, or 1.99 BTC. Of course, all of these numbers will turn out to be wrong. |
I try to be respectful and informed.
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itod
Legendary
Offline
Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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August 14, 2014, 11:31:35 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? We have a definite answer to that question: 850GHs delivered *now* from US address (only local USPS shipping is paid) = 1.04 BTC https://bitcointalk.org/index.php?topic=735728.0Power consumption just a bit over HashFast. So 1.1 THs should cost (1.1 / 0.85) * 1.04 = 1.35 BTC = 688 US$ |
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Minor Miner
Legendary
Offline
Activity: 2268
Merit: 1011
Be A Digital Miner
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August 14, 2014, 11:51:32 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? We have a definite answer to that question: 850GHs delivered *now* from US address (only local USPS shipping is paid) = 1.04 BTC https://bitcointalk.org/index.php?topic=735728.0Power consumption just a bit over HashFast. So 1.1 THs should cost (1.1 / 0.85) * 1.04 = 1.35 BTC = 688 US$ So, at $1000 BTC it will be worth $1376? |
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itod
Legendary
Offline
Activity: 1974
Merit: 1076
^ Will code for Bitcoins
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August 14, 2014, 11:53:06 PM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? We have a definite answer to that question: 850GHs delivered *now* from US address (only local USPS shipping is paid) = 1.04 BTC https://bitcointalk.org/index.php?topic=735728.0Power consumption just a bit over HashFast. So 1.1 THs should cost (1.1 / 0.85) * 1.04 = 1.35 BTC = 688 US$ So, at $1000 BTC it will be worth $1376? Exactly. Edit (proof): US buy thread: https://bitcointalk.org/index.php?topic=735982.0 |
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Minor Miner
Legendary
Offline
Activity: 2268
Merit: 1011
Be A Digital Miner
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August 15, 2014, 12:09:40 AM |
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That's some serious marketing effort.
Yep.. They sent a test unit to Dogie and he has a review up. The price sucks. So, whats fair for 1.1TH these days? We have a definite answer to that question: 850GHs delivered *now* from US address (only local USPS shipping is paid) = 1.04 BTC https://bitcointalk.org/index.php?topic=735728.0Power consumption just a bit over HashFast. So 1.1 THs should cost (1.1 / 0.85) * 1.04 = 1.35 BTC = 688 US$ So, at $1000 BTC it will be worth $1376? Exactly. Edit (proof): US buy thread: https://bitcointalk.org/index.php?topic=735982.0Then I need bitcoin to go up so I can get my money back thanks to all the delays Monica keeps forcing so that she can push through her LB's deal. |
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cedivad
Legendary
Offline
Activity: 1176
Merit: 1001
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August 15, 2014, 11:39:14 AM |
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Are you still blaming Monica because we dont have a cro yet?
Why do I have to beg for updates?
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My anger against what is wrong in the Bitcoin community is productive: Bitcointa.lk - Replace "Bitcointalk.org" with "Bitcointa.lk" in this url to see how this page looks like on a proper forum (Announcement Thread)Hashfast.org - Wiki for screwed customers |
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mikelitv
Newbie
Offline
Activity: 19
Merit: 0
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August 15, 2014, 12:53:44 PM |
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Are you still blaming Monica because we dont have a cro yet?
Why do I have to beg for updates?
Agreed. Why? And frankly, blaming Monica is getting really old and annoying. LB deal has been out of the picture for some time now. I am now starting to fear that we might all miss their proposition later on. I've been slowly catching up on this thread and court tapes. I think I did hear right when Ashley, the lawyer for the Creditor's Council, told the Court that in the Creditor's opinion, the chips were NOT a depreciating asset?! Seriously? What end game does the Creditor's Council want? It is getting very hard to understand and to believe in them. I had previously not taken any claims of conflict of interests at the Creditor's council leadership level seriously. Perhaps this was a mistake and the issue deserves to be revisited. This being said, even if true, it's getting really too late in the exercise to do anything about it. I wonder how much HF's assets left have depreciated with the latest rise in network difficulty. |
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stan258
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August 15, 2014, 01:32:52 PM |
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Lb parent company banks in an Indian Ocean tax shelter. You still miss the deal now? They can close up and vanish like a fart in the wind.
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