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The difference is that the BTC being sold were stolen. It is a completely different thing from what you describe. If tomorrow it was discovered that the BitCoi
by Tichy 15y ago
The difference is that the BTC being sold were stolen. It is a completely different thing from what you describe.
If tomorrow it was discovered that the BitCoin protocol has been hacked and BitCoins are worthless, a rollback wouldn't be justified.
- pbhjpbhj 15y ago>The difference is that the BTC being sold were stolen. First up, who stole the bitcoins from whom? Second, why allow trades that you know that you won't honour and will instead want to roll back? Third, rarely the bank loses, why do they get a do-over just because they lost at playing at forex?
- Tichy 15y ago"First up, who stole the bitcoins from whom?" Allegedly one account with a lot of BTC was hacked. The Bitcoins were stolen from that account.
- pbhjpbhj 15y agoThere doesn't appear to be any evidence. People on the Mt.Gox forums are sceptical because the amount traded appears to be equal to the entire Mt.Gox trading volume (from the little I've read). The speculation is that it is either Mt.Gox himself/themselves, an account representing the entire volume of all Mt.Gox traders or some other buyer who has been in from the start and has somehow escaped the notice of the other traders (this last option also accounts for the ability to break in as the account security apparently was very weak and hasn't been forcedly enhanced).