Topic: What's up with Mt Gox? (Read 869 times)
They have now started the account recovery process. I do hope they thought it through a little better this time...
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.
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.
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.
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.
I would chalk up any money or bitcoins you had on there as a loss.
They aren't back as promised and they haven't updated their status... bad sign!
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