Quote from: btcash on March 03, 2012, 06:32:49 PM

Quote from: zhoutong on March 02, 2012, 03:44:31 AM

Quote from: theymos on March 02, 2012, 03:39:23 AM

How can you reimburse that much? Have you really made that much profit?

Yes, our historical profit is fairly sufficient to cover the loss from this incident, and we believe that it's the best interest for the community to keep running the business. We will take appropriate strategies and implement more security features to prevent this from happening ever again, even with the presence of dishonest partners or employees.

this is hard to believe. It takes MtGox around 2 months to earn that much and their volume is way larger then yours.

Mt. Gox only charges (at most) 0.6% in fees. Bitcoinica currently charges the equivalent of 1.168%
in fees (https://www.bitcoinica.com/ bottom page) and allows leveraged trading (buying/selling more bitcoins/dollars than you actually have). So when a guy like this short sells for $130,000 worth of bitcoins, Bitcoinica makes around $1500 in, quite literally, no time.

Quote from: kurtosis on March 04, 2012, 09:23:09 AM

Quote from: Rassah on March 02, 2012, 04:07:51 AM

I just want to note that after MtGox got severely hacked, it became one of the most secure Bitcoin exchanges out there.

I was wondering about that, being one of the people whose account was hacked. How do you know this?

I would argue that he doesn't know this. This is his reasoning: https://bitcointalk.org/index.php?topic=66979.msg779780#msg779780
I'm not saying Mt. Gox isn't secure though, please don't misunderstand me. I'm just saying we have no way of knowing - with absolute certainty - if they are. I think this is a relevant point.

Many people thought the Titanic was unable to sink. Until it sank.