OK, i was a little pissy bittrex is fucking with my money.
anyway
1 yeah, i get that the private key obviates the need for the password here... my concern at the time was that after the users got their accounts back, the hacker could take the key, work their way backward to the users password, then use that password to attack other accounts.

2 SO what happens if the value of their assets decreases by 50% while theyre messing around with password recovery?

3 You could have proved your point by contacting tptb with the password list. Or upvoting this post.. or running some kind of script to make them all post horse pornography every few hours until they changed their password.

I know if it happened to me, id be pissed (even though i dont keep a ton of money here)... i guess im not behind it but i realize it was well intentioned.