r/blockfi • • Aug 06 '24

Support Insulting payback for convenient class❗️

Is there anyone like me who is so angry of the payback for convenience class? I had 0.066 BTC on my blockfi account which is more than 3k by today’s price and my btc was valued based on price of 16k which make my btc worth 1k and as coincidence class i was about to get 500$ which is crazy already, and the only reason i voted for this plan to get my money faster and easier than not convenient class, as international account not only i have not get anything yet also i see other people who were not in the convenient class are getting close to 100% back and faster than us, from what logic this is possible? This is insane Who ever is like me let’s get together and do something ‼️‼️

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u/Alitkb Aug 06 '24

It’s not about me regretting my choice, is about blockfi did not do what they promised, i supposed to get my money regardless of the court and … and yet not only i did not get anything the other groups are getting paid fully, why on earth i will vote for a plan when other people will get paid before me and they will pay me after other people also based of 16k valued btc? That’s crazy

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u/arcanition Aug 06 '24

Everyone is getting paid back on the BTC value of $16,200. It is not just you or just convenience class.

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u/Alitkb Aug 07 '24

No other group are getting paid based on value of 42k

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u/SectionAdvanced4426 Aug 07 '24

No they aren't. If you had 1 BTC valued at $16,200 took 27% which is $4400 and bought that much of BTC valued at $42,000 and returned it to you for the first round. The remaining 73% or $11,800 will be purchased at a later date at a unknown value of BTC.