Post
Topic
Board Securities
Re: Largest Bitcoin loss to date.
by
MPOE-PR
on 30/03/2013, 11:46:42 UTC
Ok.  Well done for being shitty at your job I guess.
MPOE bondholders made a loss while people who bought calls for BTCUSD profited.

Still ridiculous to brag about losing 27.8k btc.

What else could you do with it?

It is good news for the community, in general. There's a proven, functioning backstop for BTC, and it's pretty huge.

This is probably more than whatever Bitcoin Savings & Trust lost (USD/BTC was ~7 at that time, so unless it was over 350,000 BTC or so...) .

but the post-pirate ponzi collapse took a bigger bite out of each bondholder:

Loss per BTC : 0.48646087.

Yup. On the strength of empirical evidence so far the conclusion would be "Insider trading empowered by general market irresponsibility" > "Crazy directionality in the market, 400% gains in 30 days".