Author

Topic: What's up with Mt Gox? (Read 852 times)

newbie
Activity: 14
Merit: 0
June 21, 2011, 12:10:52 PM
#6
They have now started the account recovery process. I do hope they thought it through a little better this time...
hero member
Activity: 630
Merit: 500
Posts: 69
June 21, 2011, 11:54:14 AM
#5
In the end having no one big exchange is going to make things great for the people who really love the fun of the market.

To the topic, this is a pretty specific situation here, I don't think there is one way to go about this by the books, I like that they are earnestly trying to fix whatever the fuck happened.

For now, everyone enjoy the other exchanges, sign up everywhere, diversify.
newbie
Activity: 17
Merit: 0
June 21, 2011, 11:45:04 AM
#4
I have programmed before and I am in project management. There are ways of handling this more professionally. These guys are a bunch of yahoos and not a serious business. I am not convinced I will get my handful of BTC back given the lack of transparency of the whole process. I can't even figure out who and where these guys are! The problem is that BTC w/o a reliable exchange is pretty useless. Nobody else had nearly that traction.
newbie
Activity: 8
Merit: 0
June 21, 2011, 01:02:17 AM
#3
I would chalk up any money or bitcoins you had on there as a loss.

Anyone that has ever programmed will tell you that giving an accurate estimate of how long a large set of tasks will take is near impossible... and you always end up giving them the most optimistic estimate because you don't want to piss your customer/client/boss/etc off, then the job ends up taking 3 times as long as your worst imaginable estimate.
newbie
Activity: 8
Merit: 0
June 21, 2011, 12:43:14 AM
#2
I would chalk up any money or bitcoins you had on there as a loss.
newbie
Activity: 17
Merit: 0
June 20, 2011, 11:57:34 PM
#1
They aren't back as promised and they haven't updated their status... bad sign!
Jump to: