Quote from: dave111223 on February 26, 2014, 04:10:05 AM

Quote from: T.Stuart on February 26, 2014, 04:02:12 AM

Quote from: dave111223 on February 26, 2014, 04:00:15 AM

Why would you bid on Gox.

The liabilities are at what like $300M?

You are telling me that for $300M you couldn't setup and market a new exchange that would totally dominate the marketplace...

We already know that the Gox backend is basically unusable and would need to be totally re-coded for anyone to even consider using it again. So they are taking on $300M in debt for what...the "Mt. Gox" brand and customer database...lol

The customer database is not to be sniffed at. There is no great rush of people trying to get into crypto at the moment. Look at the volume on Kraken - good exchange open for a while but...

And a lot of the Gox users are experienced and rich*. Butter them up the right way and they will just keep on trading.

Yeah I'd pay $300M for a list of people that will soon hate me.

With the amount of times gox has been hacked I'm sure there will be pastebin version of the database surfacing shortly; complete with MD5 unseed pass hashes.

* Were rich; now...not so much

Come on get real. Do you know how many huge brands shit all over their customer base day in, day out, but people still use them, return to them, and recommend them.

They'd be buying the brand; and the media attention, the existing customer base, the reputation as one of the oldest and largest Bitcoin exchanges. Hell, the media seem to be even getting confused between Gox and Bitcoin itself. In a billion dollar industry (with huge potential for growth) $300M isn't that much money to some people. Being under new management would legitimise it; if Mark leaves the picture.

I'm not saying anyone will necessarily get their money or BTC back; just that an acquisition isn't that unrealistic despite Gox's current reputation and debt.