Quote from: kronosvl on July 18, 2012, 09:51:47 AM

Quote from: RicePicker on July 18, 2012, 09:40:44 AM

At this point I am hoping they at least finish paying out the 50%. This hacking incident could have been avoided if they decided to pay everyone earlier in the game. They basically sat on thousands of bitcoins for 2 months telling everyone they did not want any mistakes to occur during the claim process. Evidently now they have lost 30% of their money. This is completely retarded. If they weren't so overly paranoid during the claim process they might have lost 5%-10% through overpaying. Even if they were overpaying, I consider it interest with them holding on to so many customers funds for so long. Now they lost 30% to some random hacker.

difference is that 5-10% would have been from their money. 30% I'm not so sure will be lost from their money, more likely from users' money

They would have lost 5-10% of their personal money, but bitcoinica's reputation was salvageable within the first month of the incident. Now even though they lost 30% of their customer's funds, they have lost their capital that was invested into bitconica. I do not believe the majority of the bitcoin population would ever deal with bitcoinica again. I don't even want to touch intersango because of this incident.