Quote from: bitcoinvest on February 24, 2014, 02:32:31 PM

Quote from: T.Stuart on February 24, 2014, 02:31:16 PM

Quote from: hgmichna on February 24, 2014, 02:14:09 PM

Quote from: trdiablo on February 24, 2014, 02:07:36 PM

Karpeles resigning and the reset Twitter accounts is because Karpeles will announce this week that he will no longer be the CEO of MtGox. There will be a professional CEO at the head of Gox who will (try to) make MtGox again a succesfull exchange.

I have no insider info, just my guess.

Wishful thinking. I don't know what will happen but this appears unlikely to me. I can see three scenarios:

Hard bankruptcy, remaining fiat and bitcoins are shared out in proportion after losses are deducted
Takeover by another company with deep coffers (not too likely, in my view, because Mt. Gox does not look very attractive)
Mt. Gox wriggles through and comes out solvent, perhaps barely solvent, and continues to pay out slowly (also wishful thinking, but not entirely impossible).

The loss of reputation would be difficult to reverse, so I find it hard to see any rosy future for Mt. Gox.

Agree with your points although I don't think Gox would be that unattractive. An outside investor would see a huge client base and an opportunity to turn things around.

+1

Mt.Gox play right now is to purposely destroy its own reputation so that it can acquire back BTC. This make allow them to claim that they never lost customers money. Doing otherwise will lead to criminal charges and prison time.

So that will happen, every time mtgox BTC rises, they will do what they can to squash the rumors that they are going to make it. That is what they did on purpose, resign for bitcoin fondation and delete twitter messages. That is after a short squeeze occured on Saturday.