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The problem is that they have no way of knowing how many BTC they actually lost track of during that period or whether all of it did reap...

The problem is that they have no way of knowing how many BTC they actually lost track of during that period or whether all of it did reappear. For those 5 months they have no idea which addresses Mt Gox was keeping the vast majority of their BTC in or how much they had, and if any funds remained in those addresses after November 2011 the whole argument breaks down. They're assuming that none did because the amount of funds in addresses they know about after the gap is roughly the same as before the gap - but the amount of BTC that Mt Gox's accounts claimed they have doubled during that time period, and there's no way to tell whether Mt Gox actually had a shortfall or there was more BTC but only a portion of it got moved to known addresses.

Posted by makomk on Apr 19, 2015, 5:33 PM

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The problem is that they have no way of knowing how many BTC they actually lost track of during that period or whether all of it did reap...

makomkApr 19, 2015, 5:33 PM

The problem is that they have no way of knowing how many BTC they actually lost track of during that period or whether all of it did reappear. For those 5 months they have no idea which addresses Mt Gox was keeping the vast majority of their BTC in or how much they had, and if any funds remained in those addresses after November 2011 the whole argument breaks down. They're assuming that none did because the amount of funds in addresses they know about after the gap is roughly the same as before the gap - but the amount of BTC that Mt Gox's accounts claimed they have doubled during that time period, and there's no way to tell whether Mt Gox actually had a shortfall or there was more BTC but only a portion of it got moved to known addresses.

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