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That $1K stolen represents the first trades at the starting price of the crash, i.e. 50 or so Bitcoins. Is there confirmation of this somewhere?
by DavidSJ 15y ago
That $1K stolen represents the first trades at the starting price of the crash, i.e. 50 or so Bitcoins.
Is there confirmation of this somewhere?
- ebaysucks 15y agoIt's just the logical conclusion knowing these two facts: 1. MtGox sold 500K Bitcoins clearing all the buy offers highest first (as this is how sell orders clear). 2. MtGox is going to undo all transactions above the $1K/day transaction limit that was set for the account.