It's not just downtime. It's a clusterfuck due to all transactions that will inevitably be reversed. I guarantee you a bunch of people lose a lot of money from this.
Fortunately for me, I was able to sell some LTC at .0115 BTC
No transactions are being reversed at all. Where are you getting this false information from?
what about the block rewards for the mined blocks that are now going to be defunct? does that count as lost money?
sometimes developers need to step back and think things through.. and they cannot do that while furiously typing on irc.
it will happen when they lie down in bed and think.