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Author Topic: Thread Restore Request  (Read 869 times)
Kluge
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March 03, 2012, 06:06:54 AM
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Mods/Admin, please restore https://bitcointalk.org/index.php?topic=67159 -- I am an idiot and did not save a copy, myself. Also using HTTPS connection, so cached page is encrypted.

ETA: Problem solved. Coincidentally, I am apparently unable to delete threads on this forum.
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March 03, 2012, 07:31:29 AM
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Is this mainly what you wanted?
At the moment I am short more than 120,000 thousand dollars and If the BTC dropped tomorrow to 1 Dollar, then I would have to swallow a 100K Loss. What obscene profit are you talking about?
So - and this is purely hypothetical, based on information from my imagination - you paid 120k for 32k stolen coins. 120/32=$3.75/coin

Assume you can find enough assholes on the forum willing to buy stolen coins at FMV (based off Gox's current ask) of $4.73/coin. 4.73*32=151.36k

$151.36k - $120k = $31.36k profit

On top of that, there is 7% withdrawal fee, which would be on the $151.36k assuming customers won't be spending it all on chess. 151.36*.07=$10.5952k



Total profit = $31.36k + $10.5852k, or $41,955.20 from fencing coins. That's an extremely optimistic number. The idea of getting Gox-price on coins @ CEX is ludicrous, though, so potentially a loss.

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