Now I'm not talking about peoples money, I mean profit. Money that Mark can reinvest into the company to buy coins and become solvent.
I believe the bug is long fixed but extra work is being done to improve standards. I also believe that Gox lost a lot of coins that need to be replaced in order to survive, a challenge that Gox is/should be working on. I also think this so called lawsuit will be dropped once withdraws are opened and I don't believe that Mark will disappear as that would pi$$ off a lot of ruthless individuals. So my only concern is that Gox has enough funds to buy their way out of this mess but how much funds are needed? At what price? does Gox have enough? Essentially, can they buy their way out of this?
Your thoughts.
Please no fud or trolling and no trolling or fud please.
In my country its illegal to run an insolvent business. I assume its the same in Japan. So either Gox is solvent, then there is no problem, or it is / was insolvent, then the legal damage is done and they won't add much to it if they arb since 8 months. If they did that, they should have made enough, especially during the last couple of days to return to solvency, assuming they were short only these 5 Million.
In addition, the brand "MtGox" and their customer base should be worth a lot still if it is sold to a new team. Mark's reputation is below zero, but that of MtGox is not. Given that, I am completely puzzled about what is going on. It makes no sense to me.