Quote from: joulesbeef on August 01, 2011, 04:10:07 PM

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But this is actually bullish news for BTC, 17000 BTC has just been destroyed, this should increase the value of the rest of the BTC by almost 2%.

It's not really good news, the decrease in supply is dwarfed by the increases of anxiety over bitcoin.

If you are a relatively new investor to bitcoin and read about the 25l stolen, the mtgox hack, third biggest exchange loses all it's coin, mtgox shows coins at 1.3 million each, the dwolla charge back hack and mybitcoin one of the largest and most recommended online wallet services went dark this weekend and their doesnt seem to be any way to contact the owner or any info on it.

This is a dark day for the coin, and this shit needs to stop happening for it to become mainstream. A stock exchange can fall but they will still eventually find your stocks. These coins just vanished.

a day extremely dark.