Quote from: TraderTimm on March 01, 2014, 08:52:07 PM

Quote from: joehal on February 27, 2014, 11:22:58 PM

Quote from: TraderTimm on February 27, 2014, 10:16:03 PM

Things that fail should stay DEAD. Any money given to this FAILED BUSINESS will be an IDIOT TAX that will result in NOTHING POSITIVE.

Not a bailout. Have you read this ? https://bitcointalk.org/index.php?topic=489949 (Voluntary Reorganization Best Option for Us All)
Gox staying dead would have repercussions throughout the entire community. Most people say :"see ? I told you bitcoin would fail" ..and so on.

While a GOX rebirth will encourage the newbies that a private bank can fail, but a public run exchange (like bitcoin itself) is better, and it cannot fail.

It will be a great example to the world. All the news/media proclaiming the death of bitcoin because of GOX, will look like idiots.

You haven't been involved with Bitcoin very long, have you.

Bitcoin is declared "dead" almost once every year. Gox is no different, and resurrecting its business won't help anything. You want to help people? Then start a donation fund to restore balances that were stolen to the Gox victims. Gox doesn't deserve to exist, because the CEO has zero ability to run a business.

I can't even believe I have to point this out to you. They tried to reorganize and get new investors - and those investors GOT THE FEDS INVOLVED. That alone should tell you something.

The people who say "Bitcoin is dead" will look like idiots over time - and we don't need some half-baked plan to "save" Gox to achieve that.

Obviously any resurrected exchange won't have anything to do with mark. Of course ! As I pointed out several time, this exchange will be different and could make an example by being the first truly transparent exchange, led by 1 million owners.
Very capable people would be elected and so on...