As I said, sorry, I was looking at his profile and yeah, its like the twilight zone.

When he is referring to making a decision "sometime ago" he means literally last week.  He was not around for the years that MtGOX was the only place to reliably exchange bitcoin for cash for a majority of the world.

Neil

He (like you) are total new to this all.  What does some time ago mean?  Last week?

I did, was no answer on that question and OP seems to be continuing it, so I tried again.

I decided in a post some time ago (I don't expect anyone to have read it) that I would deny "MtGox's" attempted rebranding. The rebranding was intended to distance themselves from their history as a trading card exchange. That history, to my mind, actually diminishes their credibility.

One can presume that their core exchange technology was not replaced wholesale during the switch to Bitcoin, so the rigour with which you might expect Bitcoin software to be written may not be there (you don't need bank-level security for a game card exchange). This is evidenced in the sloppy transaction handling, and more importantly in their processes for fixing sloppy software. The patchwork attempt at repair over months, rather than a detailed effort to understand and analyse the problems, is a major factor in their downfall.

Bitcoin is by and large a consensus ecosystem. Their name is whatever we call them by, not whatever they say it is.  Maybe more people will get on board with going back to their naming roots if I stick to it pedantically.

Disclosure: I have not been harmed in any way by Magic: the Gathering's failings... at least not directly. No funds under deposit, no axe to grind except the pain of watching the fallout on the rest of the Bitcoin world.

Why don't you just call it MtGox?

Well, shit... I had no idea Magic: the Gathering would be so irresponsible as to allow dollar inflows. Are they allowing dollar withdrawals as well? If so, then I've completely misunderstood the situation.

Another note: people here seem to advocate buying Magic: the Gathering BTC for the eventual re-opening of withdrawals.

For mtgox insiders to go to prison, they would have had to break a regulation. Why should a business thatdeals in an unregulated currency be regulated?

The price dropped because of supply and demand changing as a result of the news that broke. People panic, it happens.

No, it's because it took mining out of the reach of the small miner because of the initial investment.

I have been mining with ASICS since the first came online and were available. The cost was not prohibitive for me, but for a lot of people it still is.

I can understand the the bad feelings.

I'm just glad that China, Russia, and Mt. Gox were nice enough to let us party when it's nice and warm outside.

This is the main theory still? Is there actual proof that mtgox lost coins to transaction malleability?

I am not saying it is normal. Of course BTC at Stamp and BTC-e and elewhere are extremely overpriced.

The revered George Carlin once said;

"The planet is fine. The people are fucked."

there was nothing artificial when it was inflated. it should be halted if in fact gox is insolvent.  

And you should be placed in a mental health clinic. What is happening right now is a decline after a very technical bubble. This fall should have been expected. Do not blame others for your mistake of buying at the top of the bubble.

Congrats to Mark Karpeles for not halting the trading engine. Trading engine working = cheap bitcoins for smart investors.

certainly mtgox is taking arbitrages so they pay the bills but someone must have all this fucking money