Some quick unsubstantiated maths for you, maybe it will ease your pain or maybe you want to ignore it.
4100 stolen from inputs.
1000 donates from TF to cover losses.
=3100
Lets pretend 1/3 was for loose CL funds going in and out so that would bring it to around 1000.
We know at a minimum that that CL has 4000 worth of assets/loans etc.
So if we discount the interest and just think about the initial investment and ignore the profit on the loaned coins. a 30% haircut should be worst, worst case - longer term when assests are liquidated etc... maybe less, maybe just loss of promised interest?
If CL is solvent. and he can repay our initial investments, I for one think that interest payments should be donated towards the out of pocket inputs users.
Who likes numbers?
4100 stolen from inputs.
1000 donates from TF to cover losses.
=3100
Lets pretend 1/3 was for loose CL funds going in and out so that would bring it to around 1000.
We know at a minimum that that CL has 4000 worth of assets/loans etc.
So if we discount the interest and just think about the initial investment and ignore the profit on the loaned coins. a 30% haircut should be worst, worst case - longer term when assests are liquidated etc... maybe less, maybe just loss of promised interest?
If CL is solvent. and he can repay our initial investments, I for one think that interest payments should be donated towards the out of pocket inputs users.
Who likes numbers?
The problem is how many of these 4000 worth of assets/ loans etc, were just sitting on the hot wallet.
On coinlenders he stated that a little amount were on the hot wallet and if somebody needed large withdrawals, it could take time to liquidate assets. If having 4100 in hot wallet means he has much more of it in assets: maybe we will see a partial refund.
But for now, the thigs around here are pointing in the opposite direction.
Maybe he´s a nice guy as somebody stated, maybe his credibility is not doomed forever and he can continue making profits to solve the problem in the next days/weeks/months...
But for now all we have is he told to solve coinlenders issue later because is more complex and we would get more info within next week.
I want to believe in Tradefortress´s word... But mainly I NEED (some of) my money back (ASAP).
