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Author Topic: Mt.Gox business strategy long term?  (Read 899 times)
Luno (OP)
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October 03, 2012, 07:49:05 AM
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Do someone know how Mt.Gox consider their future long term? Do the want to issue shares, do they want to go into the banking, lending business, or are they just happy now as a  marketplace for a digital commodity and branching into web shop payment?

Are they waiting for legal clarification to expand their business, or are they still considering relations with the established payment processors as an obstacle?

I could ask Gox this question directly, but I don't know if they would disclose any of this, so I'm also asking you guys how much potential you consider Gox to have.

N.B. This is purely a business analysis question. Please no opinions on Gox in general, customer service, etc.
repentance
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October 03, 2012, 05:42:53 PM
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Do someone know how Mt.Gox consider their future long term? Do the want to issue shares, do they want to go into the banking, lending business, or are they just happy now as a  marketplace for a digital commodity and branching into web shop payment?

Are they waiting for legal clarification to expand their business, or are they still considering relations with the established payment processors as an obstacle?

I could ask Gox this question directly, but I don't know if they would disclose any of this, so I'm also asking you guys how much potential you consider Gox to have.

N.B. This is purely a business analysis question. Please no opinions on Gox in general, customer service, etc.

They've openly stated their intention to eventually become licensed as a money service business in the US.  Given the cost of that process, if they have the architecture it would be silly if them not to diversify into other financial services and create additional revenue streams.

All I can say is that this is Bitcoin. I don't believe it until I see six confirmations.
Luno (OP)
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October 04, 2012, 05:24:52 AM
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Thank you, never read that myself.
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