MyCoin disappears with $400M

Discussion in 'Cryptocurrency, Finance, & Gambling Discussion' started by Superfluous, Feb 9, 2015.

MyCoin disappears with $400M
  1. Unread #1 - Feb 9, 2015 at 5:56 PM
  2. Superfluous
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    MyCoin disappears with $400M

    http://www.cnbc.com/id/102410095

    Thoughts on this? For one, I'm surprised that bitcoin prices didn't fluctuate much today; I would have expected a bigger response to the media exposure.
     
  3. Unread #2 - Feb 9, 2015 at 7:06 PM
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    MyCoin disappears with $400M

    And so falls the bitcoin price. Hope no one else bought it thinking it was going to rebound.
     
  5. Unread #3 - Feb 9, 2015 at 7:13 PM
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    MyCoin disappears with $400M

    There most likely were like 1m worth of btc, the figure they are giving is bullshit, calling it now.
     
  7. Unread #4 - Feb 9, 2015 at 7:27 PM
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    MyCoin disappears with $400M

    The fluctuation should be interesting to see. I'm not surprised it didn't fluctuate much yet as I don't think the media exposure is as high as you think it is -- not yet at least.
     
  9. Unread #5 - Feb 9, 2015 at 8:28 PM
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    MyCoin disappears with $400M

    Surprised it hasn't fluctuated if those reports are true. It may be a lag until it shows a large dip.
     
  11. Unread #6 - Feb 9, 2015 at 11:43 PM
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    MyCoin disappears with $400M

    This sounds pretty bad. With the news going around, there's no chance they'd get new clients now.
     
  13. Unread #7 - Feb 10, 2015 at 2:48 AM
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    MyCoin disappears with $400M

    More proof that the standard model of BTC exchange needs to be revised. Either have a third party holding equal to the amount if BTC they're holding, some kind of insurance policy, etc. I'll never put more than the amount I'm trading with into an exchange.
     
  15. Unread #8 - Feb 14, 2015 at 11:06 AM
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    MyCoin disappears with $400M

    Jesus christ. 400 million dollars. That's fucking crazy and I hope to whoever stole it is hiding his ass away from the rest of the world.
     
  17. Unread #9 - Feb 14, 2015 at 1:28 PM
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    MyCoin disappears with $400M

    Weird..
     
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