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Topic: bitfloor issues? - page 30. (Read 55562 times)

full member
Activity: 135
Merit: 100
May 20, 2013, 04:26:33 AM
how long are we waiting again?

did hell freeze over yet?



well Roman has a check, that much he confirmed, and so now he and his buddies are spending weeks and months brainstorming on how to give people back that money.

so... obviously there must be like 12 million options they are mulling over trying to find the exact best option to use.

it could take years, but its only because he already has the check and now has to DECIDE what to do next.. and DECIDING can take a long long long time. obviously

ever get the feeling that you and your money aren't important?

go with your gut
newbie
Activity: 54
Merit: 0
May 20, 2013, 12:12:39 AM
Why do we have to keep begging for updates?
member
Activity: 72
Merit: 10
May 19, 2013, 11:09:37 PM
how long are we waiting again?
sr. member
Activity: 364
Merit: 250
I am Citizenfive.
May 15, 2013, 04:36:30 AM


For capitalistic reasons, I will say that I have a method that is acceptable for me in proving debt, as well as being acceptable for the two members who have PM'd me regarding this topic.

I will post this elsewhere also. Obviously, PM me with your debt and situation, and I will extend an offer. My offers will be backed up contractually as well as socially, with the legal framework to support arbitration or other means of restitution. It's pretty failsafe for everyone here. The risk is more on me, if Roman doesn't pay up. I can send BTC *this minute.* Obviously USD is less instant, but if it is your ultimate goal, doing it via me is faster than taking BTC first.

Green because, this is in essence an advertisement of services.


Regarding my offer -- I have created a separate thread HERE: https://bitcointalksearch.org/topic/attn-offering-to-buy-blocks-of-bitfloor-debt-205881
sr. member
Activity: 364
Merit: 250
I am Citizenfive.
May 15, 2013, 01:18:18 AM
many people have already asked to be paid in BTC instead of USD. he declines to do it but hasn't said why.

I would be willing to offer to buy up pieces of Bitfloor debt for some people who have an immediate need for their funds in either BTC or USD. Would folks be interested in such arrangements? I can put the time into setting this up this week if there is demand.

I would as well, but how do we verify their debt exists?


For capitalistic reasons, I will say that I have a method that is acceptable for me in proving debt, as well as being acceptable for the two members who have PM'd me regarding this topic.

I will post this elsewhere also. Obviously, PM me with your debt and situation, and I will extend an offer. My offers will be backed up contractually as well as socially, with the legal framework to support arbitration or other means of restitution. It's pretty failsafe for everyone here. The risk is more on me, if Roman doesn't pay up. I can send BTC *this minute.* Obviously USD is less instant, but if it is your ultimate goal, doing it via me is faster than taking BTC first.

Green because, this is in essence an advertisement of services.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
May 14, 2013, 06:46:22 PM
many people have already asked to be paid in BTC instead of USD. he declines to do it but hasn't said why.

I would be willing to offer to buy up pieces of Bitfloor debt for some people who have an immediate need for their funds in either BTC or USD. Would folks be interested in such arrangements? I can put the time into setting this up this week if there is demand.

I would as well, but how do we verify their debt exists?
sr. member
Activity: 364
Merit: 250
I am Citizenfive.
May 14, 2013, 06:10:56 PM
many people have already asked to be paid in BTC instead of USD. he declines to do it but hasn't said why.

I would be willing to offer to buy up pieces of Bitfloor debt for some people who have an immediate need for their funds in either BTC or USD. Would folks be interested in such arrangements? I can put the time into setting this up this week if there is demand.
sr. member
Activity: 252
Merit: 250
May 14, 2013, 04:11:42 PM
many people have already asked to be paid in BTC instead of USD. he declines to do it but hasn't said why.
hero member
Activity: 504
Merit: 500
WTF???
May 14, 2013, 11:20:07 AM
Pardon my stupidity and forgive me for not reading the entire thread (this may have been discussed already), but couldn't Roman just buy bitcoins and send us BTC at the current value of what he owes us?
Rather than never receiving the few hundred dollars he owes me, I'd rather receive a couple of BTC.
I really hate the idea of lawsuits.

Agreed.  Not sure if Roman has thought of it, or if there are legal implications that he has to consider in the decision, but I'd happily accept my payment in the form of bitcoins instead of USD.

+1

and would be willing to check mark a box somewhere indicating such. Even if it took a few extra days.

Or, since you have my ID and my address on it, you could mail me a check. That's okay, take $5 out for the stamp, envelope and processing time and send me the balance.
legendary
Activity: 3472
Merit: 4801
May 14, 2013, 09:48:33 AM
Pardon my stupidity and forgive me for not reading the entire thread (this may have been discussed already), but couldn't Roman just buy bitcoins and send us BTC at the current value of what he owes us?
Rather than never receiving the few hundred dollars he owes me, I'd rather receive a couple of BTC.
I really hate the idea of lawsuits.

Agreed.  Not sure if Roman has thought of it, or if there are legal implications that he has to consider in the decision, but I'd happily accept my payment in the form of bitcoins instead of USD.
sr. member
Activity: 270
Merit: 250
May 14, 2013, 09:43:38 AM
Pardon my stupidity and forgive me for not reading the entire thread (this may have been discussed already), but couldn't Roman just buy bitcoins and send us BTC at the current value of what he owes us?
Rather than never receiving the few hundred dollars he owes me, I'd rather receive a couple of BTC.
I really hate the idea of lawsuits.
hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
May 14, 2013, 12:06:17 AM
I'm just glad to hear they have a check from their bank. I bet that was more of a PITA then they let on.
member
Activity: 95
Merit: 10
May 13, 2013, 08:25:28 PM
My ACH(direct deposit) has been under review for nearly 3 weeks and it seems no one in Bitfloor is actually going to review it. Does anyone have similar problem?

Got your message and yes, we are all on the same boat. That ACH portion is now broken because they no longer have a bank account attached. They will have to figure a way to send us individual checks, I guess, and that may be the problem they are having with whatever bank. They have a 1/2 million $ check that needs to be broken down according to what they have on their books. So, as far as my understanding goes this is where they're at and it should not be hard to resolve but what do I know. My world is in the $100's.
sr. member
Activity: 364
Merit: 250
I am Citizenfive.
May 13, 2013, 06:36:42 PM
My ACH(direct deposit) has been under review for nearly 3 weeks and it seems no one in Bitfloor is actually going to review it. Does anyone have similar problem?

Strictly speaking, if we assume he has been honest thus far, we all are under this problem. The issue would be with establishing the right AML etc. paperwork with a new bank. You just never had it before, either, so it shows up as pending verification or whatever. Naturally, given current circumstances, it wouldn't be worth his time to change all of our statuses to unverified probably, since it's all semantics at this point...

Anyway, if you work under the assumption he is not hiding something critical to this issue, yes, this could be considered "normal" at present, as ironic as such a statement sounds...
newbie
Activity: 18
Merit: 0
May 13, 2013, 05:43:54 PM
My ACH(direct deposit) has been under review for nearly 3 weeks and it seems no one in Bitfloor is actually going to review it. Does anyone have similar problem?
hero member
Activity: 504
Merit: 500
WTF???
May 13, 2013, 04:08:56 PM
There is an updated posted on their website and twitter.

Quote
2013.05.13

We have received the check and are working on a way to start returning funds. We do not yet have an ETA, but understand everyone is anxious to get their money back and we are trying to make that happen as quickly as possible.

That is from their website.
legendary
Activity: 1680
Merit: 1035
May 13, 2013, 02:33:05 PM
a lot of people are really angry about this situation. and you guys here saying "Oh no don't email Roman again, it might break him!"

I'm pretty pissed about this situation, too, but all I'm saying is, if Roman isn't talking, yelling at him or flooding him with e-mail won't prompt him to talk either. And if he has a lawyer and he is protected by an LLC, then you likely won't get much with legal threats, either.

Actually, if you are concerned about him holding your USD, and you sue him, instead of getting your USD back, all the USD he holds might get divided between the USD he owes from the recent bank closing and the BTC he still owes from the September hack. Since the BTC is a much bigger value, your USD portion may be tiny compared to what the BTC people get. (Disclosure: He owes me a lot of BTC, so this would actually be a better outcome for me).

So all I'm saying is, look at it from his point of view. If your business had its bank account closed, and you didn't feel like talking (I know you would keep people informed, as would I, but pretend you didn't want to or were advised not to), what would your reaction be to e-mail complaints and/or threats? Would they motivate you to be more open? Hopefully, Roman is a professional business type, and can just ignore them instead of taking any of them personally.
member
Activity: 95
Merit: 10
May 13, 2013, 02:07:31 PM
Please read a couple of my postings above from earlier today with my email to Roman AND his quick reply. He wrote he will be posting an update today (check bitfloor.com by the end of the day) with assurances that everything is being taken care of. We need to wait for that update. I am hoping he will explain what is going on and give us some sort of timeline.
newbie
Activity: 54
Merit: 0
May 13, 2013, 02:01:27 PM
a lot of people are really angry about this situation. and you guys here saying "Oh no don't email Roman again, it might break him!"

hero member
Activity: 882
Merit: 501
Ching-Chang;Ding-Dong
May 13, 2013, 01:55:17 PM
Also you have some trouble trying to do anything in court against roman as he's not American.

Source? I am fairly certain he is American, and living just a few hours north of me...

Sorry you are correct, in which case it should be actionable.
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