Post
Topic
Board Speculation
Re: Peter R's theory on the collapse of MtGox and its effect on the price of bitcoin
by
beckspace
on 03/03/2014, 03:42:29 UTC
I remember a thread after the june/2011 hack from an user that bought ~200k coins at $0.01, and, theoretically, it saved mtgox from losing it all because he was able to buy before the thief had a chance to withdraw, and that drove the price back to $0.30, and the thief only got ~2600 coins. (Edit: because of the U$ 1000,00 daily limit at the time). That was the "oficial" story.

Thread in question:

I'm Kevin, here's my side.
https://bitcointalk.org/index.php?topic=20207.msg252680#msg252680