Quote from: telemaco on May 03, 2013, 01:55:07 AM

These are horrible news:

http://gawker.com/massive-bitcoin-business-partnership-devolves-into-75-487857656

Some investors will avoid bitcoin like pest after this and price will resent for a long time.

I think bitcoin does not have much future until people in masse abandon mtgox.
They have had failure after failure. You cannot leave the future of the "currency revolution" in the hands of Magic Card-minded-teenagers (my maximum respect for people that enjoy that game, but a currency revolution needs some knowhow and some commitment and to play hard against level 20 banksters you cannot just show the wizard card)

The Ceo of MtGox has traded here a big part of the future of bitcoin + 75 million $ for just not being able to read or just comply with a contract they signed in february. That is awful for a professional trying to deal or negociate with this guys. You have to be serious, not break the card deck when you don't like things.

A guy that in the latest press release on tv was saying (being interviewed while sit in a plastic ball) when questioned about the future of bitcoin that it could go from thousands to 0 (not very reassuring to possible customers or investors i would say) is somebody that probably should not be there as ceo of the biggest bitcoin exchange.

just my two cents.

excuse my poor english please.

I would say that this is a bad thing for Mt. Gox and a good thing for Bitcoin. Mt. Gox is dying and everyone knows it. Diversifying exchanges, even if it has to come through lawsuits, is what is needed for Bitcoin to succeed.