“Hi guys, could you please show me a firm bid for 100 bitcoin?” a seller texts on Skype. “One sec. $10270.” Two minutes later: “Sorry guys, that was an old order from Friday when skype wasn’t working.” “I really think we should get off skype. Bad things could happen. Someone is going to make an expensive mistake.” ***** A messaging exchange over a potential $1 million deal, between a European asset manager looking to sell bitcoin and broker Joel Fruhman, illustrates the casual and often chaotic nature of cryptocurrency dealmaking. Trades involving hundreds of thousands, or millions, of dollars are routinely struck ... (full story)