Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
Adrian-x
on 10/05/2014, 17:40:10 UTC

Well, how much dividend will the MtGOX 2.0 shares pay per year, as percentage of investment?  

There is no way of estimating how much trade they would get.  Why would people trade there rather than at Bitstamp or other exchanges?  Why would people trust their dollars and bitcoins to people who have an even more, er, peculiar past than Mark?


In all honesty MtGox will have to raise the bar before trust can be restored, it is possible.

I'd give them a go if, and that is a big if they implemented Open-Transactions server for crypto and complied with the existing regulation for brokerage firms (not MF-Global style) with zero fractional reserve debt when dealing with fiat.

Otherwise it's just another scam 2.0 and will never take off.

My take at the moment is greed is still driving the Gox mess.