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re: The Inside Story of Mt. Gox

Posted on 3/3/14 at 1:41 pm to
Posted by joshnorris14
Florida
Member since Jan 2009
45256 posts
Posted on 3/3/14 at 1:41 pm to
Quote the whole post liar.

quote:

Their story of losing 850,000BTC through transaction malleability makes little to no sense. Charlie Shrem went over the math the night it happened and it breaks down to tens of thousands of dollars worth of bitcoin being stolen per day (if you use the average price of bitcoin since the beginning of Mt. Gox).


Again, I didn't say:

quote:

missing Bitcoins likely weren't stolen


I said:

quote:

Their story of losing 850,000BTC through transaction malleability makes little to no sense.


And then I said it was more likely that they lost the private keys than they had 850,000BTC stolen incrementally over a period of a few years.



Posted by Poodlebrain
Way Right of Rex
Member since Jan 2004
19860 posts
Posted on 3/3/14 at 1:53 pm to
That's all very nice. Except according to insiders the missing Bitcoins were stolen. And you said them being stolen was less likely than MtGOX just losing the private keys to the Bitcoin addresses. And that was my original point.
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