The question is.... What happens to the people that didnt have a hash?
I suppose we request identification documents and more data to support the ownership of the account ..
I had 64 btc in bitcoinica, made just one single long position and cleared it again, (got me a loss of 0.04 btc,
So then I decided to let the btd in Storage to earn some interest, so I got 64.01 btc again...
All this without having to give any documents about me to bitcoinica.
then bitcoinica went offline...
and now all customers who are trying just to get back what they had in there are painfully treated with:
- no conversation
- some very unspecified legal issues
- the general suspect of making fraudulent claims
- maybe the need of giving ID authentications and further documents
- vague announcements about the verification-processes of claims
In return we didn't get informations about who at the moment leads the process to solve the situation,
who exactly is CEO or owner of bitcoinica,
who makes the decisions about the veryfication-of-claims-process,
when the payout process will start,
how open positions will be handled,
Wasn't it the published statement that bitcoinica after the sale will be or is the most serious and most legitimated bitcoin business at all?
I really hope other businesses care more about cloud-security, backups, account an password security for thier customer accounts and general communications... or will do in future...
The bitcoin-economy is really in it's childhood-days I suppose, but I hope it will learn fast!
Bitcoinica was pitily an example for "HOW (not) TO DO"
I'm curious when the desaster will be solved at all, but I also think that most of the related peaple do their very best, even if they have to do it with piles of paper with long columns of "hard to read" transactions...
maybe the classical "paper based" business model of the past had some advantages over the modern and "just in time" cloud?
(no, I dont't want to turn back the clock to Typewriters-Times...)