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Title: Less money stolen from Bitstamp than originally told Post by: redhawk979 on January 14, 2015, 06:35:11 PM Its more like $2,500,000, not $5,000,000.
Title: Re: Less money stolen from Bitstamp than originally told Post by: Madness on January 14, 2015, 06:36:29 PM Its more like $2,500,000, not $5,000,000. and from where you got this information exactly ? because Bitsmap it self said 5m $ as far as I know (at least when the price of bitcoin wasen't that low ) => 19,000 BTC Title: Re: Less money stolen from Bitstamp than originally told Post by: Meni Rosenfeld on January 14, 2015, 06:37:56 PM The OP's point is that the exchange rate went down since the announcement.
Title: Re: Less money stolen from Bitstamp than originally told Post by: Madness on January 14, 2015, 06:39:23 PM The OP's point is that the exchange rate went down since the announcement. It still like 3.4m USD instead of 2.5m USD ::) Title: Re: Less money stolen from Bitstamp than originally told Post by: haploid23 on January 14, 2015, 06:47:24 PM Its more like $2,500,000, not $5,000,000. and from where you got this information exactly ? because Bitsmap it self said 5m $ as far as I know (at least when the price of bitcoin wasen't that low ) => 19,000 BTC Yes, a lot of people can't comprehend how much 18k BTC is, so news articles put that number in fiat value at the time it was lost. As price have huge fluctuations like it does now, so does that fiat value. Title: Re: Less money stolen from Bitstamp than originally told Post by: newIndia on January 14, 2015, 06:52:15 PM Its more like $2,500,000, not $5,000,000. and from where you got this information exactly ? because Bitsmap it self said 5m $ as far as I know (at least when the price of bitcoin wasen't that low ) => 19,000 BTC I have it quoted what Bitstamp actually stated... https://bitcointalk.org/index.php?topic=915919.0 Title: Re: Less money stolen from Bitstamp than originally told Post by: LiteCoinGuy on January 14, 2015, 06:53:43 PM The OP's point is that the exchange rate went down since the announcement. It still like 3.4m USD instead of 2.5m USD ::) so they can donate the 1.6m USD to charity! ;D Title: Re: Less money stolen from Bitstamp than originally told Post by: QuestionAuthority on January 14, 2015, 06:58:47 PM I wonder what they really ended up with when the coins are all sold. Maybe they'll make a thread and tell us tomorrow. lol
Title: Re: Less money stolen from Bitstamp than originally told Post by: thriftshopping on January 16, 2015, 12:59:31 AM I wonder what they really ended up with when the coins are all sold. Maybe they'll make a thread and tell us tomorrow. lol It doesn't matter what the value of the bitcoin is when they are sold by the hacker(s). All that matters to bitstamp is the cost to them to repurchase the 18k BTC to replenish their reserves Title: Re: Less money stolen from Bitstamp than originally told Post by: mayax on January 16, 2015, 01:05:32 AM I wonder what they really ended up with when the coins are all sold. Maybe they'll make a thread and tell us tomorrow. lol It doesn't matter what the value of the bitcoin is when they are sold by the hacker(s). All that matters to bitstamp is the cost to them to repurchase the 18k BTC to replenish their reserves they didn't buy any bitcoin. they used from what they had from their clients :) Title: Re: Less money stolen from Bitstamp than originally told Post by: vrzo on January 16, 2015, 12:31:52 PM Yes, a lot of people can't comprehend how much 18k BTC is, so news articles put that number in fiat value at the time it was lost. As price have huge fluctuations like it does now, so does that fiat value. 2 pizzas? Title: Re: Less money stolen from Bitstamp than originally told Post by: calfries on January 16, 2015, 05:59:52 PM Maybe we should ask Obama to give the money back. He is the one secretly trying to kill Bitcoin!
Title: Re: Less money stolen from Bitstamp than originally told Post by: cheekychap on January 16, 2015, 06:59:58 PM The OP's point is that the exchange rate went down since the announcement. Well, he says less money stolen, so I dont think he means the current price. Title: Re: Less money stolen from Bitstamp than originally told Post by: slacknation on January 16, 2015, 07:05:10 PM The OP's point is that the exchange rate went down since the announcement. Well, he says less money stolen, so I dont think he means the current price. only coins were stolen, so OP was trying to insert a joke Title: Re: Less money stolen from Bitstamp than originally told Post by: Flashman on January 16, 2015, 07:09:53 PM Yes, a lot of people can't comprehend how much 18k BTC is, so news articles put that number in fiat value at the time it was lost. As price have huge fluctuations like it does now, so does that fiat value. 2 pizzas? Depends on the toppings, you can get 2 small with ocean pearls and 1/2 carat diamonds, or 2 party size with gold leaf and freshwater pearls.... no anchovies. Title: Re: Less money stolen from Bitstamp than originally told Post by: bornil267645 on January 16, 2015, 07:16:25 PM I haven't found any theoretical prove to your claim, as far as the Bitstamp itself is concerned, the figure is 5m$. Can you authenticate that source?
Title: Re: Less money stolen from Bitstamp than originally told Post by: bornil267645 on January 16, 2015, 07:21:19 PM Whatever the reason and amount is, this is the kind of news that puts reputation and value at risk. So new invests are hard to come by.
Title: Re: Less money stolen from Bitstamp than originally told Post by: MNDan on January 16, 2015, 07:34:02 PM OP has solid math skills.
Title: Re: Less money stolen from Bitstamp than originally told Post by: ivonna on January 16, 2015, 09:06:09 PM The OP's point is that the exchange rate went down since the announcement. IMO it really doens't matter. 18k BTC is still 18kBTC. What really matters is bitstamp's replacement cost of the coins that were stolen, not the value of the stolen coins at some arbitrary time |