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because the people investing money in it provably didn't know what they're were doing.

Very true – the price hasn't really moved in response to this news, which makes very little sense to me. I'd be shorting if I could figure out how.

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Would you short the US dollar because one small bank got robbed due to bad security? The flaw here was not with Ethereum, it was with the wallet developer.

Based on the relative sizes of the currencies, this is closer in scale to the Bernie Madoff scam, but happening overnight instead of gradually over 20 years.

Why should the price move in response to this? They'll just change the rules and print more.

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