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Two-Bit Idiot: Mt. Gox may have lost 750,000 BTC
- gwern 13y agoThis seems implausible just on the face of it: that's almost a tenth of all Bitcoins created. How could they have lost that much and continued functioning at all? How could no one have noticed the bleeding in the blockchain? etc
- tlrobinson 13y agoI suppose if it happened over a long enough time and Gox's accounting system was truly terrible they could have just thought they were experiencing a bank run. But yeah, I'm very skeptical.
- tlrobinson 13y agoThis is most likely an attempt to manipulate the market. Not only are they suggesting Mt Gox is insolvent, but Bitcoin's existence is threatened.
- grjn165 13y agoDon't believe everything you read on the internet.