pull down to refresh

20 sats \ 6 replies \ @grayruby OP 28 May \ parent \ on: MT Gox Coins on the Move bitcoin
I think the claimants will have done well at least in fiat terms even though they won’t get all their bitcoin back.
write
preview
30 sats \ 5 replies \ @Satosora 28 May
Thats better than nothing.
reply
10 sats \ 4 replies \ @riberet19 28 May
But more than 600,000 Bitcoins were actually lost, so the ones who really gained are Mt.Gox, I don't think there was any hack, to tell the truth, rather a "self-hack"
reply
10 sats \ 3 replies \ @Satosora 28 May
Im not saying it is right. It just worked out for them that the value of each bitcoin went up, so they were able to replace everyones fiat...and maybe a little gain. Wouldnt the situation be worse if they werent able to give anything back?
reply
0 sats \ 2 replies \ @riberet19 28 May
The price of bitcoin in 2014 was between 400 and 800$ more or less, so the investment has multiplied x100 or so, they are returning 1/4 of the bitcoins, so in terms of fiat, everyone is winning.
reply
0 sats \ 1 reply \ @Satosora 28 May
but it isnt the full 100x.
reply
10 sats \ 0 replies \ @riberet19 28 May
Of course, if they're not with all the bitcoins back...
reply