Quote from: Big Time Coin on June 21, 2011, 05:37:58 PM

Sill, it is taking an UNBELIEVABLY long time to fix this problem.

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He clearly doesn't have what it takes to run the #1 exchange for a $100 million plus market cap currency. Something like this security breach should have been resolved in HOURS, NOT DAYS.

Resolved in hours? You mean like the Sony Playstation Network hack? Wink

The fact that it hasn't been resolved in hours is a positive thing. We really don't want a *quick* fix for this situation, we want a *secure* fix. The MtGox system was was hacked, with funds and secure data stolen. Over 61,000 users have had their email and password publicly posted on the internet. While those passwords are encrypted, they are certainly breakable given some time.

Every user will need to have his account validated and a new password assigned before being able to access that account, with 61,000 users, that will take some time.

You also seem to be confusing MtGox with a real financial institution. It is not. MtGox started out as "Magic The Gathering Online eXchange", trading online game items. It has no backing (much like BitCoin itself) and no official guarantees (again, like BitCoin). I'm sure "he" is doing the best he can given the situation, it looks like every effort is being made to get us back to our accounts and back to business.

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