Post
Topic
Board Speculation
Re: bitstamp 18,000 bitcoins stolen? -confirmed
by
DoM P
on 07/01/2015, 09:18:34 UTC
the owners are millionaires. they are some kind of stars of the slovenian (IT) economy and have won shiny international awards for their company. concerning reputation, much is at stake for them. how much of their wealth would they sacrifice of get out of this mess without becoming karpeles like persona non gratas for the rest of their lives? all of it ? maybe not ... half of their stash? well, i would speculate they'd do that.
if they get this solved they'd be heroes for many people.
It is not 20 or 50 mio, so my bet is that there is good motivation for them to do everything to get it fixed properly. this is pure speculation, i know, but hey... Wink


edit: i have coins there so maybe hope is influencing my judgement

Usually, it doesn't work that way.
There's a difference between personal wealth and corporate wealth. Fortunately, would I add... Wink

But I take that argument: Since they are so rich (but then, why asking for VC to invest in Bitstamp? I don't understand the need. But that's another story...), they may want to save their company.

Looks like I had my numbers wrong. Thanks for pointing that out.
at 0.3% average fees, they got over $7M of fees in a year.

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I guess they didn't spend much (didn't see any improvements or anything new).
That, you don't know.
There are plenty of improvement that are not immediately visible.
Dare I say: Security improvements (!), data centers, procédures, documentation, regulatory compliance, development, partnerships negociations, etc.

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will people still trade there.
Yep, that's the big risk.
But, looking back at BTer, they finally got out of the storm OK, volume globally maintained.