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    Author Topic: MyBitcoin bitcoin's could have been gone a long time ago  (Read 2064 times)
    wobber (OP)
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    August 02, 2011, 06:05:27 AM
     #1

    I remember that reading the info on their site I saw that they keep just one wallet and a database of each users amount and transactions. So, If there were a total of 50,000 BTC in there, from 5000 users it would be like the fractional reserve. Not all people would withdraw at the same time, so the MyBitcoin dudes could take little by little. It's just a presumption...

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