Post
Topic
Board Service Announcements
Re: bitfloor needs your help!
by
ErebusBat
on 04/09/2012, 19:36:37 UTC
There is no single solution which meets the needs of every single service provider.  That being said having a hotwallet with 100% of the funds is simply inexcusable.   More than anything else it is sad.   Bitfloor was growing rapidly and was a great source of liquidity outside of MtGox (which is important IMHO).  It is destroyed now and honestly shtylman is better than that.

Agreed.  If Roman really learns as much as possible from this, let others review his security procedures, he can build the most secure exchange out there.  Large withdrawals may not be instant, who cares, at least they are safe.  If I deposit 1000 BTC with him, I want to trade it, not withdraw it back out immediately.
That +1000.  I t baffles me why larger sites have not implemented that yet.  Hell they could even make it a user option.