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BTC was priced at ~$825 on 2/1/2014 when Mt Gox disabled transactions, and is around $6,150 now. Provided they're able to pay out ~13% of each claim, claimants
by pkkp 8y ago
BTC was priced at ~$825 on 2/1/2014 when Mt Gox disabled transactions, and is around $6,150 now. Provided they're able to pay out ~13% of each claim, claimants will at least be able to "break even" on the freeze (ignoring, of course, BTC's astronomical gains in the last 4 years).
- Proven 8y agoNo it wasn't - it was around $425 as the other comment says
- pontifier 8y agoYou forget that on Mt Gox, the price dropped to something like $125 before they shut off trading... I know because I bought some at that price just before they went dark
- MertsA 8y agoSame here. Everyone was fleeing from BTC like rats from a ship. Luckily I managed to sell everything I had when it was close to $1000 and buy all the BTC I could when the price dropped to two hundred something.