ION has incompetent devs. There was already a rebase. Now there is going to be a rollback. Rollbacks should NEVER happen. This destroys the integrity of coins, not that ION has much as it is.
If there is a similar issue in the future, are they just going to implement another rollback? What about the people that cashed out into BTC during that time? With the rollback, they'll get to keep their BTC and potentially get back the IONs they sold.
The devs are screwing up bigly, and the majority of the ionite shills in Slack were telling people to shutup and enjoy the free coins when the issue occurred rather than trying to figure out what was causing it. If you didn't see that as a legit problem then you're the actual problem. It's repulsive.
Rollbacks are fine if it's to stop a thief and to protect an investment.
Rollbacks should never happen is exactly the kind of thing a thief would say.
When we see the detail I bet you will see the integrity of the coin strengthened not weakened, but lets wait and see as the devs are in test mode now so not long to go.