Topic: Breaking News: U.S. Based Group Offers Mt.Gox Acquisition + Revival - page 2. (Read 3077 times)
April 11, 2014, 01:48:27 AM
Updated title looks lot better Mktrader. Thanks for revising.
April 11, 2014, 01:48:11 AM
Interesting that the WSJ covered this so quickly.
Are they "promoting" this deal for a reason?
Are they "promoting" this deal for a reason?
April 11, 2014, 01:43:03 AM
It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!
No kidding! Fix title...so misleading. That group only offered 1 BTC for Mtgox. I can't see that happening anytime soon.
It does not matter as they are taking burden of a major portion of the account holders' investment.
Your title:
Re: Breaking News: Mt.Gox to be Bought & Revived by a U.S. based Investors Group
Mtgox is not being "bought & revived by a US based investors group"
There was just an offer put on the table according to the article. I am sure there probably has been several offers already.
http://www.reuters.com/article/2014/04/10/us-bitcoin-mtgox-investorgroup-idUSBREA3922Q20140410
You also forgot to mention this from the article:
"The acquisition must be approved by a Japanese bankruptcy court. However, the near-zero valuation of the proposed deal could prove to be a hurdle, the Journal said."
Please note that in OP I have referred everyone to the actual Wall Street Journal article so everyone can read for themselves.
In my view Mt.Gox is eventually going to be bought & revived by a investors group anyways.
Furthermore, almost all acquisitions of bankrupt companies in Japan have to seek court permission. This is common sense.
April 11, 2014, 01:32:49 AM
It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!
No kidding! Fix title...so misleading. That group only offered 1 BTC for Mtgox. I can't see that happening anytime soon.
It does not matter as they are taking burden of a major portion of the account holders' investment.
Your title:
Re: Breaking News: Mt.Gox to be Bought & Revived by a U.S. based Investors Group
Mtgox is not being "bought & revived by a US based investors group".
There was just an offer put on the table according to the article. I am sure there probably has been several offers already.
http://www.reuters.com/article/2014/04/10/us-bitcoin-mtgox-investorgroup-idUSBREA3922Q20140410
(Linked to reuters because of stupid WSJ paywall blocks some people)
You also forgot to mention this from the article:
"The acquisition must be approved by a Japanese bankruptcy court. However, the near-zero valuation of the proposed deal could prove to be a hurdle, the Journal said."
April 11, 2014, 01:06:55 AM
It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!
No kidding! Fix title...so misleading. That group only offered 1 BTC for Mtgox. I can't see that happening anytime soon.
It does not matter as they are taking burden of a major portion of the account holders' investment.
April 11, 2014, 01:04:34 AM
Full story here:
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
wow how long did d price stay @ 350Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
Just for a few hours only.
April 11, 2014, 01:00:44 AM
Full story here:
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
wow how long did d price stay @ 350 Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
April 11, 2014, 12:57:18 AM
It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!
No kidding! Fix title...so misleading. That group only offered 1 BTC for Mtgox. I can't see that happening anytime soon.
legendary
Activity: 1302
Merit: 1008
Core dev leaves me neg feedback #abuse #political
April 11, 2014, 12:54:18 AM
Hmm...I have mixed feelings about any MtGox revival...
Why? It would be under completely new ownership and management. It would probably even be renamed.
maybe they get the lost coins?
April 11, 2014, 12:54:06 AM
It's not getting bought out (for 1 BTC) - it's just a proposal that Karpeles will turn down. So, fix your title - it's misleading!
April 11, 2014, 12:50:47 AM
Hmm...I have mixed feelings about any MtGox revival...
Why? It would be under completely new ownership and management. It would probably even be renamed.
April 11, 2014, 12:50:29 AM
The rally to almost $420 was really fast.
Don't know if it's directly related to the Gox story.
Don't know if it's directly related to the Gox story.
April 11, 2014, 12:49:36 AM
Hmm...I have mixed feelings about any MtGox revival...
April 11, 2014, 12:46:47 AM
no other explanaition. it happened within minutes
April 11, 2014, 12:46:23 AM
Full story here:
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
woooo hoooo!!!! I think ??
April 11, 2014, 12:41:10 AM
Full story here:
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
Just Google "WSJ: Investor Group Seeks Court OK to Buy, Revive Bankrupt Bitcoin Exchange Mt. Gox" for this Wall Street Journal (WSJ) Story
So is this also linked with the recent rebound from the $350 price? I can see that BTC is now trading at $400+.
Jump to: