Mt Gox CEO resigns from Bitcoin Foundation

[Bitcoinpro]

see how this pans out, though he is staying CEO of Gox so if he starts focusing on the exchange this should be good news right?

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[ChuckBuck]

Baby steps to ridding the Bitcoin community of the 1000 lb Gorilla in the room.

Next Gox and Karpales have to finally close its doors.

This can only be good news overall.

[dre_2ooo]

WOW! Just saw in real-time on bitcoinwisdom (Bitstamp chart) someone sell 4k coins on a market  order in less than 30 seconds.  Price went from 580 to 514USD as all the buy orders got filled.  Crazy to watch!!!  

Makes me want to BUY, but then I forget I'm mining at about $110/BTC in electricity use  

[bananas]

mt gox has deleted all their tweets.  
https://twitter.com/MtGox
what does this mean?

next its their facebook, standard action before run off

so mark is destroying evidence?

kind of, but he is native cause he won't get away from it

this isn't going to have a happy ending.  

bring him to justice and punishment

in japan.... do they still chop peoples hands off with samurai sword for stealing?

depends on who are you stealing from, if you steal $$$ from Yakuza Mob or some one well connected to Yakuza Mob, then anything
bloody can happen even death could be a wish

There are some large bitcoin holders at gox. I hope Mark realises he is playing with fire.

i would not bet 1 satoshi that he would stay alive for long

[Bobsurplus]

I think this week will be the week from hell for Gox, either they'll show major signs of a comeback or I believe we will see the $0 GOXBTC by Friday.

[yannis7777]

Well from the little i have read and understood, this guy is a major liability on the Bitcoin scene.

[Bobsurplus]

mt gox has deleted all their tweets. 
https://twitter.com/MtGox
what does this mean?

This means its time to clean up.

PREDICTION: $200-$250 btc across all exchanges by Friday?  

Disclaimer: I have been in a SHORT position for about a week, I would really like to see sub $300 BTC soon.

[Stanr010]

First he resigns his position at the Bitcoin Foundation, next he deletes twitter posts, then Bitstamp takes a 9000 coin - 5 million dollar nosedive.  

[gambit1]

I think the "bitcoin foundation" should resign.

[pigslaughter]

also deleted all their tweets https://twitter.com/MtGox

[Bitcoinpro]

also deleted all their tweets https://twitter.com/MtGox

that is bizarro, 

[Bitcoinpro]

First he resigns his position at the Bitcoin Foundation, next he deletes twitter posts, then Bitstamp takes a 9000 coin - 5 million dollar nosedive.  

gosh, missed it, that must have been when I took a shower

these types of action are ONLY meant to manipulate the market, notice the rebound -- that means the market is getting smarter

Seems like Mark has been dumping a lot on the other exchanges lately, he did it on his own exchange first.

[seriouscoin]

First he resigns his position at the Bitcoin Foundation, next he deletes twitter posts, then Bitstamp takes a 9000 coin - 5 million dollar nosedive.  

gosh, missed it, that must have been when I took a shower

these types of action are ONLY meant to manipulate the market, notice the rebound -- that means the market is getting smarter

Seems like Mark has been dumping a lot on the other exchanges lately, he did it on his own exchange first.

He doesnt have to dump anything. When you stop allowing withdrawal, the trading can be fake because noone can confirm a sell or a buy.

Mean while, Mark was trading on other real exchanges. He can use MtGox to influence other market.

[quone17]

Wonder if they deleted tweets at the advice of legal counsel.  I'm not sure what was there but you don't want to go around making any type of statement that can be construed as misleading.

[apulunas]

this is not enough, he should quit the job. i don't want to hear his name again next to bitcoin or any coin.

[Nathonas]

this is not enough, he should quit the job. i don't want to hear his name again next to bitcoin or any coin.

I think he would be a great candidate to represent ButtCoin

[ZendiMOREN]

MTGOX is gone ?

[hilariousandco]

this is not enough, he should quit the job. i don't want to hear his name again next to bitcoin or any coin.

He can't exactly quit gox in the middle of this mess.

MTGOX is gone ?

No, not yet. Read the thread. He's resigned from the Bitcoin Foundation.

[alexeft]

this is not enough, he should quit the job. i don't want to hear his name again next to bitcoin or any coin.

Cheers, me too!!!

[MakeBelieve]

I respect him a little more for resigning since the foundation was not going to get rid of him even though the petition was signed and the community made it clear we wanted him gone but Mark resigned on is own which is at least a good thing.