Technically true, but no-one can sell off 500k bitcoins without the market crash... | Hacker News

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weavejester on June 19, 2011 | parent | context | favorite | on: 500k Bitcoins traded in 1h, Mt.Gox market hacked +...

Technically true, but no-one can sell off 500k bitcoins without the market crashing anyway, so from a practical perspective, no liquidity is lost.

sunchild on June 19, 2011 [–]

Agreed. It seems the real fallout of this incident is the fact that the rollback can never recover BTC taken out of the exchange accounts and put into anonymous local "wallets". I wonder who will cover those losses?

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