Post
Topic
Board Speculation
Re: What if MtGox makes good?
by
Peter R
on 27/02/2014, 03:01:09 UTC
Who's theory is this?  It makes no sense, with due respect!

I have no idea whether this is correct.  That's why I wrote "WARNING: PURE SPECULATION."

The bottom line is that there's no way MtGox didn't notice a slow theft of 750,000 BTC.  My three contending theories in current order of preference are:

#1.  What I posted above.
#2.  The 750,000 BTC figure is FUD designed to buy-out GoxBTC for cheap and close the (smaller) solvency gap.  
#3.  The "Mark messed-up the private key to deep cold storage" theory.

Quote
R U saying that the price of BTC should bounce because 750 k are gone?...

If there are 750k BTC less than what everyone thought, I'd say that was very bullish, at least over the medium and long term.