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Topic: Mt Gox is dead. - page 3. (Read 4838 times)

newbie
Activity: 16
Merit: 0
February 23, 2014, 03:11:44 PM
#1
Mt.Gox is dead.

Even if the “technical issues” that they are supposedly having are resolved, the trust is gone, and that is the most important asset a monetary exchange needs to have to succeed.

Bitcoin is now valued at under $100 USD on the major exchange, far below the average price of about $535 USD on other BTC exchanges. Customers are still unable to withdraw BTC, and technical issues (and the handful of protestors outside the Mt Gox offices) are still being blamed for this problem. Mt Gox of course seem to have neglected to mention exactly how the protesters are affecting their progress, when they themselves have made a statement saying that they’ve moved to their old office location (and the protesters have since been dispersed by the Japanese police and refused a demonstration licence).

So it seems that Mt Gox have locked themselves away, refusing interview requests, and maintaining arbitrary contact with the outside world through detached twitter posts, apologising to their ‘Valued customers’...

Pay your disrespects to the recently departed Mt Gox at: http://www.coinchilli.com/r-i-p_mt_gox/



J.C Axe
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