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A comment on How the Bitcoins Were Stolen from Mt. Gox [video]. Parent comment

Re:How the Bitcoins Were Stolen from Mt. Gox [video] by gibybo on Monday September 18, 2017 @12:57AM (#15273500)
When they say stored 'online' they mean 'not in cold storage'. 98% (according to that article) of the crypto held by Coinbase is in cold storage and is not insured.
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Re:How the Bitcoins Were Stolen from Mt. Gox [video] by qyv on Monday September 18, 2017 @02:01AM (#15273677)
I wonder how many people make this exact mistake.
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Re:How the Bitcoins Were Stolen from Mt. Gox [video] by rebuilder on Monday September 18, 2017 @09:57AM (#15275939)
Which makes sense. I imagine insuring cryptocurrencies is very, very expensive, considering the risk profile.
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Re:How the Bitcoins Were Stolen from Mt. Gox [video] by aboodman on Monday September 18, 2017 @10:46AM (#15276390)
Good point. The cold storage procedure is also impressive, but not as impressive as full insurance.
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