tooniz (OP)
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February 25, 2014, 09:26:35 AM |
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This might not be news to the redditors, but i thought i might just share with others in the dark,
From mtgox.com HTML source code:
<html>
<head>
<title>MtGox.com</title>
</head>
<body>
<!-- put announce for mtgox acq here -->
</body>
</html>
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btbrae
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February 25, 2014, 09:31:44 AM |
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If they have been acquired then they should probably expect an angry mob on their doorstep if they don't make things right quickly.
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bennybong
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February 25, 2014, 09:40:36 AM |
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It fairly clear that the leaked document is written by the folks that have acquired mtgox. It lays out what they are going to do with the failed company. It says they will rebrand and relaunch as Gox.
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MrPiggles
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Decentralized Ascending Auctions on Blockchain
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February 25, 2014, 09:42:43 AM |
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who would buy a company with debts of 750k bitcoins
??
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cottoneyeJoe
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February 25, 2014, 09:44:12 AM |
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That comment was not there ~3hours ago when I looked at source. Just empty doc. Stange that someone is pushing this live now.
The bailout/acquisition strategy doc being shared in other posts seems to square with this comment but both may be wishful thinking.
This would seem to be a massive opportunity for bigger players to enter but I'm doubtful it can be salvaged. Even if you had serious captial to throw at fixing this flaming turd you might easily conclude that letting the sheep panic and btc get crushed back to <$100 prices might be the better play. Certainly less legal and operational headache.
Tradehill is the singular flame-out in the btc world I can recall being done in a standup way. Mark should have learned something from that. Pity.
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bitfreak!
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electronic [r]evolution
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February 25, 2014, 09:44:17 AM |
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So why are they waiting so long to replace that comment with an actual statement? They could stop a lot of the speculation by just making it clear what is happening. By remaining silent they are causing unease and panic. It seems to me they want the price of BTC to go down as much as possible so that it's easier for them to recover from their debts. What does that say about the new people in charge of Mt. Gox?
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Searing
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Clueless!
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February 25, 2014, 09:44:26 AM |
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It fairly clear that the leaked document is written by the folks that have acquired mtgox. It lays out what they are going to do with the failed company. It says they will rebrand and relaunch as Gox.
if this is true and the believe they can pull it off...and gox really did just lose 6% of their funds as claimed..if they believe in bitcoin 'rebounding' from the low prices they can get gox for now....and they do wait a month it is possible this may just work but man that is a lot a lot of ifs and how would they know anything he tells them is true? as far as the real status of the company at this point? anyway we will see Searing |
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bennybong
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February 25, 2014, 09:44:57 AM |
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The 750k figure is total lost over the years I believe. But who knows...
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btbrae
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February 25, 2014, 09:45:56 AM |
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Yep and that lawsuit doesn't just disappear because you get acquired, you'd have to be a maniac to acquire MtGox in their current predicament. I suspect Mark Karpeles is trying to buy time or manipulate the markets further. Guess we'll see.
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bomb7
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February 25, 2014, 09:46:53 AM |
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BitCoinNutJob
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February 25, 2014, 09:48:04 AM |
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people said the same of who would buy fulltilt...... in the end pokerstars did
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CoinHoarder
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In Cryptocoins I Trust
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February 25, 2014, 09:50:29 AM |
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people said the same of who would buy fulltilt...... in the end pokerstars did
Good point. Maybe one of the larger exchanges would be interested. The Gox brand does have a lot of name recognition.. for better or for worse. As they say, any news is good news. and lol @ the winkelvoss twins to save the day. I think they're probably busy trying to comply with SEC regulations.  |
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instructor2121
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February 25, 2014, 09:51:12 AM |
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You can bet that a very respected member of the community will be in front of the rebranding...Thats the only way it will work. Im sure they will have a payment strategy for customers, and this will have to be part of a strategy to prevent a bank run.
This is good news for those effected. However, expect the process of withdrawing to have some restrictions early in the reopening phase.
Just my thoughts on this.
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instructor2121
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February 25, 2014, 09:53:41 AM |
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It fairly clear that the leaked document is written by the folks that have acquired mtgox. It lays out what they are going to do with the failed company. It says they will rebrand and relaunch as Gox.
if this is true and the believe they can pull it off...and gox really did just lose 6% of their funds as claimed..if they believe in bitcoin 'rebounding' from the low prices they can get gox for now....and they do wait a month it is possible this may just work but man that is a lot a lot of ifs and how would they know anything he tells them is true? as far as the real status of the company at this point? anyway we will see Searing best thing is to kick him out the back door...give him some change to buy that fancy coffee...and tell him to do us all a favor and disappear!!! |
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Sheldor333
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February 25, 2014, 09:55:33 AM |
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IT'S A TRAP.
Think about it. No serious company leaves comments like this in their source code. What is even a point of such comment? For the worker in night shift to let him know what he should work on? For their PR dept which apparently edits HTML?
It's clearly their intent for us to see that and follow a certain plan, just like that pump few days ago when they let through few transactions and the price jumped to $300.
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tooniz (OP)
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February 25, 2014, 09:56:05 AM |
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It fairly clear that the leaked document is written by the folks that have acquired mtgox. It lays out what they are going to do with the failed company. It says they will rebrand and relaunch as Gox.
if this is true and the believe they can pull it off...and gox really did just lose 6% of their funds as claimed..if they believe in bitcoin 'rebounding' from the low prices they can get gox for now....and they do wait a month it is possible this may just work but man that is a lot a lot of ifs and how would they know anything he tells them is true? as far as the real status of the company at this point? anyway we will see Searing where did the 6% come from? is that a statement mt gox made? |
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Slab Squathrust
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February 25, 2014, 09:58:13 AM |
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It would be a massive boost for bitcoin's public image if gox could come back from its troubles and make all it's account holders whole. However, I have a bad feeling that the relaunch plan is just a means of covering their exit. They will relaunch in 1 month? A nice way to give themselves a 1 month head start to get out of Dodge.
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Phinnaeus Gage
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February 25, 2014, 09:59:57 AM |
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You can bet that a very respected member of the community will be in front of the rebranding...Thats the only way it will work. Im sure they will have a payment strategy for customers, and this will have to be part of a strategy to prevent a bank run.
This is good news for those effected. However, expect the process of withdrawing to have some restrictions early in the reopening phase.
Just my thoughts on this.
Jesus, genius! And do you think such a person just may reside in Japan? Also, I confirm.  Albeit, acq come stand for a company I used to live less than a mile away a few decades ago. Acquaviva is a family-owned 40-acre estate vineyard and full service winery located at the corner of Route 38 and Meredith Road in Maple Park, Illinois. |
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tooniz (OP)
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February 25, 2014, 10:02:13 AM |
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IT'S A TRAP.
Think about it. No serious company leaves comments like this in their source code. What is even a point of such comment? For the worker in night shift to let him know what he should work on? For their PR dept which apparently edits HTML?
It's clearly their intent for us to see that and follow a certain plan, just like that pump few days ago when they let through few transactions and the price jumped to $300.
im not sure what their motivations are if they wanna pump though? - to sell? isn't it much easier to move coins to other exchanges to do that? - to go bankrupt in some weird fashion? sure like going bankrupt directly is a bad idea that they have to create extra drama. |
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waldox
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February 25, 2014, 10:04:20 AM |
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the mt gox name and user base suprise or not is still worth probably several million dollars due to marketing and its history being deeply tied to bitcoin and crypto currency. maybe someone reputable and honest will buy mt gox during its bankruptcy and a new improved exchange replaces it. PS: winks look like they are experiencing nippy weather there on the water  |
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