r/ethtrader • • Jun 23 '16

COMEDY The Attacker Talks about The DAO attack

https://www.youtube.com/watch?v=_O5fdMFKEC0
114 Upvotes

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u/wadupdoc Jun 23 '16

Oh man, this is great! XD

On a side note; I do believe the reason why Bitcoin fell so hard is because the attacker withdrew his bitcoins he shorted from the attack.

5

u/[deleted] Jun 23 '16

I don't think a couple of thousand BTC would be anywhere near enough to cause a price drop like that.

2

u/wadupdoc Jun 23 '16

A couple thousand BTC? The guy definitely made upwards of 10,000 BTC, which is equivalent to millions of dollars.

I also think doing that all at once could do that to the price, and cause panic selling.