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The second slide shows a timeline[0]. If this is correct, Gox spent the last two weeks snapping up BTC at a 75% discount to replenish their balances. I figured
by panarky 13y ago
The second slide shows a timeline[0]. If this is correct, Gox spent the last two weeks snapping up BTC at a 75% discount to replenish their balances.
I figured as much[1].
If this is even remotely true, no amount of "rebranding" will save them.
Please save us months of drama and be gone.
[0] http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-Strategy-Draft http://www.scribd.com/doc/209050732/MtGox-Situation-Crisis-S...
[1] https://news.ycombinator.com/item?id=7211417 https://news.ycombinator.com/item?id=7211417