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in bitcoin •  8 years ago  (edited)

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bitcoin
8 years ago by

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      ·  8 years ago 

    Another great post, man. Only thing I would point out, is that Mt Gox was short hundreds of thousands of Bitcoins when Mark Karpeles bought it from Jed McCaleb. It had been running as a fractional reserve for some time. When price spiked, Karpeles had no chance of recouping those coins. On the other hand, he shouldn't have been a dumbass and bought the exchange without verifying the coins were where they were supposed to be. We all got Goxxed. lol

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        ·  8 years ago (edited)

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          ·  7 years ago 

        Have you heard of ConcourseQ?

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