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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

05-29-2012 , 06:01 PM
So much misdirected anger ITT. While it's probably true that some are profiting from this, neither SubjectPoker.com nor DiamondFlushPoker.com have ads.

The real anger should be directed at Bitar, Lederer, et al. It's right to be angry. Just focus that anger on the right people.
05-29-2012 , 06:37 PM
So, I don't really spend much time in NVG, or this thread for that matter. I've skimmed some of the recent posts, but don't have time to read everything. I know that nobody really knows anything for certain, but does anyone know a good time frame for when we get paid and/or when poker would open up in the US? Again, sorry if these questions and/or answers have already been posted.
05-29-2012 , 06:39 PM
Oh AJ
05-29-2012 , 07:01 PM
I'm sick of being taken to Disney World and then being left outside to wait for something to happen.....
05-29-2012 , 07:03 PM
haha, I probably should just tweet at Ka.ra.k, he has inside sources.
05-29-2012 , 07:43 PM
Quote:
Originally Posted by Diamond_Flush
I know this question wasn't addressed to me, but if you are interested, this is the scheduling order issued earlier this month:
https://docs.google.com/file/d/0BxNS...ZZQUNhLV9lNVk/
You'll see that most of the dates are pretty far off into the future. I think it's safe to say, that at least for purposes of the companies involved in the pending forfeiture and sale, that these dates provide for enough time to sufficiently complete a deal.

As to the duration of meetings etc, while the parties are surely not sitting at the same table facing each other 8 hours/day, I would venture to say the negotiations are now ongoing around the clock, and are not limited to certain shorter periods of time.
So what does this mean? that it might well be another year until we may or may not see our money and have any certainity on this matter?
or is it about the charges against stars and Isai because they operated in the US?
05-29-2012 , 08:07 PM
[QUOTE=Noisecore;33033734]So what does this mean? that it might well be another year until we may or may not see our money and have any certainity on this matter?

Maybe. Perhaps. Possibly, but not likely. It doesn't actually mean anything *specific* with regard to ultimate certainty on the matter, because the scheduling order has very little relevance to the final answer to the quetion of whether or not players see their money.

Quote:
Originally Posted by Noisecore
or is it about the charges against stars and Isai because they operated in the US?
Yes.
05-29-2012 , 08:09 PM
05-29-2012 , 08:13 PM
Quote:
Originally Posted by Go Get It
Do you have a journalism degree, or did you go to an Ivy League college for law? Idk how you're articles are so well put together with what seems like no real experience in the area. And obv we all appreciate the work you have done for us.

Wish I was so well written .
As a guy who has taught many students in creative writing I can confirm that natural talent certainly does exist.

Beyond that, college level classes help, but not as much as actual experience. Even saying this as a former teacher, most people could probably get better at writing spending a year reading good books and writing a ton, than they could spending that same year in a creative writing or journalism class.
05-29-2012 , 08:16 PM
Quote:
Originally Posted by Noisecore
So what does this mean? that it might well be another year until we may or may not see our money and have any certainity on this matter?
or is it about the charges against stars and Isai because they operated in the US?
I think I may have said before that its more procedural than anything else. It also allows for a "deal" to be completed in the near future without additional deadlines to be extended.
http://forumserver.twoplustwo.com/sh...postcount=3335
05-29-2012 , 08:27 PM
Sooo what happened to Stars buying FTP again?
05-29-2012 , 08:30 PM
Quote:
Originally Posted by Chuck Bass
Sooo what happened to Stars buying FTP again?
It takes a while to negotiate a upper 9 figure deal involving multiple parties. Go figure.
05-29-2012 , 08:54 PM
Full Tilt Poker Download is down for system maintenance. Please try again later.



are we getting closer ?
05-29-2012 , 09:00 PM
Quote:
Originally Posted by wsmp
One thing I don't understand is that the day we got to know that GBT got dropped and PokerStars was on the hook many pros and known people tweeted 'something great is happening' blablabla but the NOTHING happened. They all were just bull****ting us or what?
My suspicion has always been a lot of these suspect claims and sources tie back to people related to FTP. I personally wouldn't accept anything anyone related to FTP had to say because they have never really been inside these deals. They don't have any real say or contribution.

When it seemed like Tapie was negotiating with FTP that turned out to not really be the case. FTP is not really in a position to negotiate and it is highly unlikely they are involved in any substantive way.

My conspiracy brain would say FTP keeps trying to convince people something is coming and they have not drained the lobster fund. I really would live to see/hear how what and why any of the FTP related bysinesses have spent in the last 12+ months.
05-29-2012 , 09:12 PM
Quote:
Originally Posted by random564
Full Tilt Poker Download is down for system maintenance. Please try again later.



are we getting closer ?
Been like taht for awhile.... don't think too much into things. If I don't say it.... I promise you someone else would have.
05-29-2012 , 09:42 PM
I just... miss FTP... so much...
05-29-2012 , 09:45 PM
Quote:
Originally Posted by moki
So much misdirected anger ITT. While it's probably true that some are profiting from this, neither SubjectPoker.com nor DiamondFlushPoker.com have ads.

The real anger should be directed at Bitar, Lederer, et al. It's right to be angry. Just focus that anger on the right people.
Not quite true.

May companies make bad business decisions, FT allowed people to play without cleared funds most likely in the hope they would be able to get them to clear. Stupid but not fatal.

I am definitely not sympathetic to Bitar and co, however, this situation could have been resolved by an injection of capital. This happens quite regularly in business.

Once a) the FTP bank accounts were seized and b) they were under indictment by the DoJ the situation became far more difficult.

I will be very happy [and 2k richer] if Stars buy FT, but I strongly suspect [I have no source] that they are gaming the DoJ to prevent anyone from resurrecting FT and putting the final nail in their strongest competitor.

They have already shut out Tapie. And they could pull the plug at any time due to the complexity of the transaction.
05-29-2012 , 10:01 PM
Quote:
Originally Posted by omg sea monkeys
Not quite true.

May companies make bad business decisions, FT allowed people to play without cleared funds most likely in the hope they would be able to get them to clear. Stupid but not fatal.

I am definitely not sympathetic to Bitar and co, however, this situation could have been resolved by an injection of capital. This happens quite regularly in business.

Once a) the FTP bank accounts were seized and b) they were under indictment by the DoJ the situation became far more difficult.
Even if you believe all this, it was incredibly scummy to continue to accept deposits after Black Friday from the ROW when they knew they were going to face a huge run on the bank and didn't have anywhere close to enough money to cover it all. For me, any benefit of the doubt they might have had went up in smoke after that, they're scumbags, plan and simple.
05-29-2012 , 10:01 PM
Quote:
Originally Posted by omg sea monkeys
I will be very happy [and 2k richer] if Stars buy FT, but I strongly suspect [I have no source] that they are gaming the DoJ to prevent anyone from resurrecting FT and putting the final nail in their strongest competitor.
Definitely a possibility, I really hope that's not the case though. It would be disgusting if they screwed over the Tapie deal and destroyed any chance of players being refunded just to further their poker empire. They were already the biggest/most popular site and while any business is obviously just trying to make money, this would just be a greedy and scummy move on their part. So let's hope they do the 'right thing' (maybe a selfish view on my part) and get FTP back up and running.
05-29-2012 , 10:02 PM
Here we are, broke again. Turned 12 dollar in 11k and back to zero again on PS. Cashed out a little to pay some bills and I didn't have to follow this thread for 5 weeks, so it was not totally worthless.

I only took a peek here last 5 weeks and read their was some concern about jobvacancies being terminated. What about this idea:

PS buys FTP and liquidates it right away, players will be able to transfer their FTPmoney to their PSaccount or to their new PSaccount if they don't have one. This way they eliminate the competition if somebody else would buy FTP and they dont have the operating costs of another site which would for a big part draw players who normally play on PS anyway.
05-29-2012 , 10:15 PM
#whenwillitend
05-29-2012 , 10:35 PM
Quote:
Originally Posted by Reaper421
Definitely a possibility, I really hope that's not the case though. It would be disgusting if they screwed over the Tapie deal and destroyed any chance of players being refunded just to further their poker empire. They were already the biggest/most popular site and while any business is obviously just trying to make money, this would just be a greedy and scummy move on their part. So let's hope they do the 'right thing' (maybe a selfish view on my part) and get FTP back up and running.
This would also explain why they waited until the Tapie was almost done [the exclusivity period ended sometime before this].

And also explain why Stars hasn't made an announcement. Obviously, by not announcing, they would not need to make another announcement if they terminate.

IMO a comment along the lines of our discussions with the DoJ now include FT by Stars would not violate any non disclosure or confidentiality.

This is just a theory and it could all be good.

But it would also be good if any of the many rumor spreaders were actual people not just anonymous bloggers/amateur journalists [no offence intended to DF who writes very well] and actually had real sources.
05-29-2012 , 10:37 PM
Quote:
Originally Posted by Braindead2000
Here we are, broke again. Turned 12 dollar in 11k and back to zero again on PS. Cashed out a little to pay some bills and I didn't have to follow this thread for 5 weeks, so it was not totally worthless.

I only took a peek here last 5 weeks and read their was some concern about jobvacancies being terminated. What about this idea:

PS buys FTP and liquidates it right away, players will be able to transfer their FTPmoney to their PSaccount or to their new PSaccount if they don't have one. This way they eliminate the competition if somebody else would buy FTP and they dont have the operating costs of another site which would for a big part draw players who normally play on PS anyway.
#bankrollmanagement
05-29-2012 , 10:38 PM
Quote:
Originally Posted by Braindead2000
Here we are, broke again. Turned 12 dollar in 11k and back to zero again on PS. Cashed out a little to pay some bills and I didn't have to follow this thread for 5 weeks, so it was not totally worthless.

I only took a peek here last 5 weeks and read their was some concern about jobvacancies being terminated. What about this idea:

PS buys FTP and liquidates it right away, players will be able to transfer their FTPmoney to their PSaccount or to their new PSaccount if they don't have one. This way they eliminate the competition if somebody else would buy FTP and they dont have the operating costs of another site which would for a big part draw players who normally play on PS anyway.
AT LEAST U CAN STILL PLAY ON STARS

Last edited by IamPro; 05-29-2012 at 10:38 PM. Reason: #gtfo
05-29-2012 , 10:54 PM
Quote:
Originally Posted by IamPro
AT LEAST U CAN STILL PLAY ON STARS
Isn't it ironic that in countries like Russia and China (countries the US used to criticize about freedom and human rights) you can play online poker and not in the USA.

      
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