Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation

- Likely we will either shut down the platform or re-develop entirely (which will take months instead of days).

Why would you need to re-develop for a compromised email server?

Maybe to use P2SH, Armory cold storage or some other secure means of transaction/storage from the ground up.

A good idea IMO, but if they don't reimburse users I don't think anyone would want to make business with them again. Trust is above tech in this business.

We will reimburse everyone in full. Bitcoinica is a limited partnership, not a teenager's experimental project.

Does that include BTC or is it just US$ as you seemed to imply before?

Everything. We will purchase BTC to return the funds if we don't have enough reserve.

This answer makes it alot different to my previous views, if you do indeed make good on it.

My previous views were purely related to specific lack of transparency and possibly passing on the buck to someone else.