Why $20m? 10 (already invested) + 5 (stolen) = $15m.
Indeed, my mistake.
The question is why they've invested $10m in the first place.
That is a good question. OKCoin and Huobi too received similar VC investment. They have a much larger staff (Huobi claimed to have ~50 people just on customer support), but being in china all their costs should be even smaller than in Slovenia.
A company that moves that much money will need several people in finance and accounting. They will need people to take care of AML/KYC, or (more likely) sub-contract a specialized company (which are said to be quite expensive).
I would weakly defend my estimate of 5 M$ for expansion of operations and 1 year of expenses. I cannot find fault with the lower estimates that people have posted (around 1 M$/year), but do not feel them compelling either.
What were their costs in 2013?
One thing to note is that most of the VC investments that were announced through 2014 were actually negotiated in late 2013 or early 2014. (For example, OKCoin said that their 10 M$ investment, announced in Mar/2014, had been closed in Dec/2013). At that time, expectations for the growth of the bitcoin economy and price were still in outer space (By May 2014, most bitcoin gurus and angels were still predicting 3'000 USD/BTC or much more by the end of the year.) That may explain why the investments were so big compared to the current profits.
The most bitcoin gurus and angels and those who are making a lot of noise in media. a lot of noice = new fools with new money in Bitcoin.
There is a gang who is controlling the system even it's saying it is decentralized
Bistamp is related with Ripple, Bitcoin Foundation and others. Their shareholders are shareholders for many other bitcoin companies.
i think they will cover the loss because the scandal will be TOO BIG and it will involve all these companies and Bitcoin will crush.
So, they are a gang who is manipulating the market how they want and each of them are taking a piece of the cake named Bitcoin.
Proofs are everywhere : fake transactions, bitcoin price is given by few companies who are controlled by the same people.
Bitfinex, Coinbase + other many small exchangers are related with Bitstamp. Bitstamp is processing their orders.
