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 
Topic: Less money stolen from Bitstamp than originally told (Read 1240 times)
OP has solid math skills.
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.
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?
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.
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
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.
Maybe we should ask Obama to give the money back. He is the one secretly trying to kill Bitcoin!
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?
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
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 
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
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!
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://bitcointalksearch.org/topic/bitstamp-less-than-19000-btc-lost-915919
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.
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
The OP's point is that the exchange rate went down since the announcement.
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
Its more like $2,500,000, not $5,000,000.
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