you guys all need to chill out.
exchanges charge fees and those fees should cover insurance and security costs such as this. again assuming there is some level of sophistication in the operations.
the exchange can easily make up the amounts in fees over the course of a few weeks, maybe a couple months at most.
or the exchange can release some bond or stock on XCP and give holders a portion of their future profits to raise the 80 btc and 6100 xcp to cover their obligation.
cannot agree more with the entire post
I think I'll donate some xcp for the poloniex fund, even though I am not directly affected. But Poloniex took the risk as an entrepreneur to take xcp and earned and hopefully will earn money with xcp. The customers also knew that it is alpha software and that something like that could happen.
Do not get me wrong I am totally fine with fundraising, but I do not think it is our obligation to bail-out poloniex. Especially the 80 btc which were withdrawn without a second security check are hard for me to understand. I think Busoni could offer a solution like the one suggested by prophetx for the customers.
Anyway I'll donate 10 XCP for your fund this afternoon, not because it is our obligation to bail you out, but because you took the risk and seem to be behind the project.
I agree that an IOU from Poloniex to each aggrieved party would create some near term stability, maybe this could initially take the form of a public statement of commitment from Busoni. Could you do this Busoni?
Most likely you can recover the full amount over the next 45 days by implementing a 2.5% trading fee on Poloniex.