kurious
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January 05, 2015, 09:56:30 PM

The 'most of our coins' quote seems to imply they have probably indeed suffered a substantial loss.

I can't see them going bust for 5m bucks, though.  

The major exchange in the West folding for 5m?  VC money will need to bail it out - or lose 10M.

So - better than evens bet that they will survive - but BTC cred is again damaged.

Best scenario?

They have lost 18K BTC, but they just say - "everything's ok - we found them!"  and swallow it.

Market bounces and VCs get some of their security back, and we're all happy.  I don't think that will happen, but I wish....

If Stamp goes under - we are seriously fucked - but so are they.

Put yourself in their shoes - I reckon they will be trying to raise the capital, or even sell Stamp, or a portion of it.

I would.   What's the alternative?