Quote from: PHPAdam on June 19, 2011, 10:46:52 PM

We know MtGox suffers from DDOS, will the website work when their is a "run on the bank" when it comes back live June 20th 11:00am?

After a run, will MtGox sill be able to meet its payments? Will it be around in a year?.. How will it effect the BTC value?

I don't they'll open on the 20th, no way they can really be confident they have secured their system by then. If they do open, I won't eat my hat, but I'd be very concerned that they'd get hacked again.

A bank run will probably happen but it shouldn't be a problem, Mt Gox doesn't do loans and should have bitcoins to back every one on deposit, except possibly for ones in the online wallet which might have been stolen or transfered out. Hopefully they have kept some of their commission in bitcoins and that will be enough to cover losses.