@ElliotTurn exchanges pay out in fiat except mtgox.. all that's happening is you cant withdraw your bitcoins until attack has stopped.
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Replying to @penguinbasher
@penguinbasher Most of the volume has historically been on Mt. Gox. Halting withdrawals means they should have a whole lot of cash.1 reply 0 retweets 0 likes -
Replying to @ElliotTurn
@ElliotTurn@penguinbasher Historically... For many months, they've been a small fraction, & most serious bitcoiners left them over summer.1 reply 0 retweets 0 likes -
Replying to @robustus
@robustus@penguinbasher But isn't one consequence the fact that lots of people have put money into Mt. Gox and fewer have taken money out?2 replies 0 retweets 0 likes -
Replying to @ElliotTurn
@ElliotTurn@penguinbasher There certainly should be positive net balances of both fiat and btc in Gox's accounts, yes.1 reply 0 retweets 0 likes -
Replying to @robustus
@robustus@penguinbasher Don't you think some people are going to try testing out withdrawals on all other platforms?1 reply 0 retweets 0 likes -
Replying to @ElliotTurn
@robustus@penguinbasher And in so doing, snowballing into a larger withdrawal strain on the entire system?2 replies 0 retweets 0 likes -
Replying to @ElliotTurn
@robustus@penguinbasher Let's say one owned 10 bitcoins, you'd be crazy not to at least try "withdrawing" 1 just to make sure you're safe.2 replies 0 retweets 0 likes -
Replying to @ElliotTurn
@ElliotTurn@penguinbasher I'd go farther: you'd be crazy to have *ever* left your money in an exchange's wallet for a non-trivial duration.1 reply 0 retweets 1 like -
Replying to @robustus
@robustus@penguinbasher Ha nice, I'd one-up you though: you'd be crazy to have put your money in Bitcoin in the first place.4 replies 0 retweets 0 likes
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