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0 pointsclarkmoody12y ago0 comments

1) When large amount of BTC are stolen or moved, the fiat value would be far less if the coins were sold on the open exchange.

2) The article title becomes immediately obsolete due to exchange rate fluctuations. On the day of the theft for instance, the BTC/USD rate was hugely volatile, fluctuating between $522 and $788.

We could go dig up the old Bitcoin Forum posts about people losing 25k coins and mark-to-market those losses for more sensational headlines. Or we could simply post the BTC amount in the headline along with present fiat value.

0 comments

veemjeem12y ago

Well, it's a news article. The goal of the journalist is to get people to read it. It would be a less interesting headline if it forced people to do the conversion since many people still do not yet understand BTC. Putting both values (BTC & USD) into the headlines would make it redundant.

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0 pointsclarkmoody12y ago0 comments

1) When large amount of BTC are stolen or moved, the fiat value would be far less if the coins were sold on the open exchange.

2) The article title becomes immediately obsolete due to exchange rate fluctuations. On the day of the theft for instance, the BTC/USD rate was hugely volatile, fluctuating between $522 and $788.

0 comments

veemjeem12y ago

j / k navigate · click thread line to collapse