Bitcoin Forum

Economy => Service Discussion => Topic started by: ElectricMucus on September 01, 2013, 04:35:35 PM



Title: Bailout for mtgox?
Post by: ElectricMucus on September 01, 2013, 04:35:35 PM
What would happen if mtgox were to call for a bail out from it's depositors? How likely would that happen and what would be the resulting consequences?
Not much, I think, the zealots will blame the FEDs and Mark.K will get a get out of jail free card by the community.

Mtgox is after all - too big to fail!


Title: Re: Bailout for mtgox?
Post by: masterluc on September 01, 2013, 05:21:49 PM
The BitcoinTalk 01/Sep/2013 MagicalTux on brink of first bailout for Gox

hehe (https://en.bitcoin.it/wiki/Genesis_block)


Title: Re: Bailout for mtgox?
Post by: xxjs on September 01, 2013, 05:29:04 PM
The customers will be unprioritized creditors, both on bitcoin and fiat side.


Title: Re: Bailout for mtgox?
Post by: Bitobsessed on September 01, 2013, 05:42:44 PM
The BitcoinTalk 01/Sep/2013 MagicalTux on brink of first bailout for Gox

hehe (https://en.bitcoin.it/wiki/Genesis_block)
LOL, good one.


Title: Re: Bailout for mtgox?
Post by: videos4btc on September 01, 2013, 11:58:56 PM
The BitcoinTalk 01/Sep/2013 MagicalTux on brink of first bailout for Gox

hehe (https://en.bitcoin.it/wiki/Genesis_block)

hahahaha..........


Title: Re: Bailout for mtgox?
Post by: Phinnaeus Gage on September 03, 2013, 01:20:34 AM
Somebody explain to me how a company that took it a million dollars a day profit daily would need a bailout.


Title: Re: Bailout for mtgox?
Post by: Walsoraj on September 03, 2013, 04:23:11 AM
Somebody explain to me how a company that took it a million dollars a day profit daily would need a bailout.

wtf r u saying?


Title: Re: Bailout for mtgox?
Post by: caffeinewriter on September 03, 2013, 08:28:08 AM
Somebody explain to me how a company that took it a million dollars a day profit daily would need a bailout.

wtf r u saying?

https://i.imgur.com/Qt0jEid.gif

But back on topic, why the hell would a company as big as Gox not have contingencies for situations like the ones they have been facing. Just my thoughts.


Title: Re: Bailout for mtgox?
Post by: greyhawk on September 03, 2013, 08:42:50 AM
Hehehe, "company", hehehe  :D


Title: Re: Bailout for mtgox?
Post by: Abdussamad on September 03, 2013, 09:23:37 AM
It would be a bail in not a bail out.


Title: Re: Bailout for mtgox?
Post by: TTBit on September 03, 2013, 12:38:49 PM
They would request it and I'd get back to them in two weeks