Post
Topic
Board Bitcoin Discussion
Re: Lots of ignorance on the board
by
RandyMarsh
on 24/06/2011, 16:12:42 UTC
You need to learn that right now, you've only given mtgox 1 week to secure a site from every hacker in the world. Hackers have broken security to the CIA, CITI bank, the UK census, Arizona police department, Sony, and others. To advocate opening mtgox before they're ready is the most ignorant idea conceived.

A week is still probably a bit short to implement a full enough rollback to restart trading, they couldnt possibly validate enough accounts. But besides that the main problem was that they first said 48 hours, and then postponed it day after day after day, these are timeframes that they themselves set, not anyone else. I'd be surprised if there arent even more time delays. They should have announced realistic times to get this operation completed to begin with.