Re: [Emergency ANN] Bitcoinica site is taken offline for security investigation
I think the post just outlined the fact that their hands are tied. They can't talk about the situation directly, at this point. They agree that it's BS that they can't answer the questions, but they aren't the ones to make the decision about what can and cannot be spoken about.
Agreed, we would like to answer every important question and provide tons of information but we do not have that liberty. After the claims process however we will if we are not allowed to speak publicly we will stop all activity with bitcoinica. We believe this information is critical not only to restoring the trust a business like bitcoinica requires but answering many of the questions people have. In fact they go hand in hand.
So, basically, wait. That's fine by me. I know lots of posters are super uppity right now, and I'm not suggesting they have no reason to be, but, seriously guys, if you put a significant amount of money into this and/or, worse, money you needed or didn't even have to begin with, then your situation is every bit as much the result of your own poor judgment as it is Zhou's or these other guys' fault. There's really nothing that can be done right now. Just wait and see what happens. Sorry.
As for me, in the meantime I'm going to buy back some of the coins I'm hoping aren't lost through this but very well might be, and I'm also moving significant portions of my bitcoin wealth into brainwallets. My bitcoin initial investments are paid off. I'm spending less time watching the charts because I'm willing to ride this thing out to whatever the end will be. Work is busy. The weather is nice. So, go to zero. That'll be a bummer. Or stay the same. Or go to the moon. I'm prepared for whatever now.
yes, it seem the claims process is on hold for now