I was also making a joke. I think Mark just ran a really incompetent business and also got fucked by other restrictions and laws etc.
Maybe.
Unless Mark was knobbled and he is just following orders?
What's knobbled?
that certainly cant be spinned as something positive. And will certainly cause a lot of panic and rumors until there is some clarification as to why that was done.
Yeah, what the hell are they playing at? They seem to be doing everything they can to cause panic and confusion.
Yep, It's like gox are doing the completely opposite of what they should be doing.
If Mt. Gox's objective is to get the value down under $100 in order to revive "their market" (the Mt Gox btc) but people keep supplying work-arounds, and positive glimmors of light (leak about withdrawal testing) which keep increasing their values then they must do what they can to push it back down.
If they are solvent at $100 or less per real btc , but insolvent at $200 or more per real btc then their actions no longer look stupid.
Good point. It'll be interesting to see how they would pay coins/money back if it came to bankruptcy. A lot of people would be pissed if they tried paying $100 or whatever for coins if people have had them stuck in there since they were much much higher.
