Show Posts
MtGox claims 1M users. Lets pretend they are all 100% legit, fully verified, no throw aways or duplicates. Lets also pretend 100% of them may use MtGox in the future. That would be $300 per user which is an asinine valuation. Cheaper to let MtGox die in bankruptcy and buy the customer list from the trustee. Still I guess anything is possible. Some people have deep pockets and a phobia of just holding their coins.
I agree in principle but not in principal
They will do it with OPM or a stock offering so they'll get it for free.
Here's how the negotiations are going to go:
"We'll give you nothing and take on the debt"
Mark says "But I need money to feed my cat!"
"OK, we'll give you nothing plus a million bucks to skip town"
Mark says "But I gained 30 kilos!"
"OK we'll give you nothing plus 2 million bucks to skip town"
DEAL!
Then they go to GOX.COM, spin off Tibane into oblivion, and take the customer list, so they don't have to hold the $367 million in the red balance sheet, and say "Sorry, any issues with Mt. Gox should be brought up with the old ownership... we had nothing to do with that"...
...and one last time, everyone gets GOXXXED for old time's sake.
. 
