7 ms·
"Bitcoin Exchange Had $63.6 billion in Outstanding Debt" .. and .. "...that Mt. Gox had outstanding debt of about ¥6.5 billion ($63.6 million)" ... right und
by nkvoll 13y ago
"Bitcoin Exchange Had $63.6 billion in Outstanding Debt"
.. and ..
"...that Mt. Gox had outstanding debt of about ¥6.5 billion ($63.6 million)"
... right under.
These numbers are off by a factor of 1000, so which one is it? It's pretty horrible journalism and/or editing to get simple things like that wrong and expect me to pay them for the privilege of reading the remaining of the article I now I don't really trust the numbers in.
- TazeTSchnitzel 13y agoHeh. Looks like someone confused the amount of Yen with the amount of dollars.
- venus 13y agoDidn't they lose about BTC700,000? Ie, about USD$400M? Which would suggest that neither of those numbers are anywhere near right. Hey, what's a few orders of magnitude between friends?
- alexeisadeski3 13y agoI think that it's pretty safe to say that Mt Gox didn't run up $60B in debt.