Live data from Hacker News

“A call center has been established to respond to all inquiries”

mtgox.com

11–20 of 36 posts

Re: “A call center has been established to respond to all inquiries”

#17
post #10

Also interesting is that Mark Karpeles signed it "Representative Director" rather than "CEO". Maybe that's a legal thing (since they're under bankruptcy protection), or maybe he stepped down?

It's the Japanese equivalent of CEO.

That's sooooo un-american of them!

Re: “A call center has been established to respond to all inquiries”

#18
post #14
post #11

Can anyone explain what is going on here[1]? 1: http://pastebin.com/rmtUxwbu

so basically a lot of people may end up with a lot of worthless stock instead of a poor cash return on what they're owed?

The point is that after going through all the bankruptcy process, they most likely will have all their code audited and checked, as well as external entities for monitoring.

MtGox will be one of the best secured exchanges after it, that's for sure - I don't count on MtGox going down at all.

Re: “A call center has been established to respond to all inquiries”

#20
post #14

Earlier quoted context omitted.

so basically a lot of people may end up with a lot of worthless stock instead of a poor cash return on what they're owed?

The point is that after going through all the bankruptcy process, they most likely will have all their code audited and checked, as well as external entities for monitoring. MtGox will be one of the best secured exchanges after it, that's for sure - I don't count on MtGox going down at all.

Except that exchanges need trust. Customers need to be able to trust that their money will be safe, that they can move their funds in and out freely, and that the exchange wont just take their money and run. This is especially true with an unregulated currency, like Bitcoin.

Do you really think that anyone will trust them going forward? If they can manage to get their business back in order, do you think that customers will go back to them as opposed to one of the other exchanges that now exist?

Plus, I was under the impression that one of the major reasons why US-based people still had accounts on MtGox was that it was so difficult to get USD out. It's not like they were winning customers before. A great deal of them were just locked in and couldn't leave.

Post reply on HN