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comment by coffeesp00ns
coffeesp00ns  ·  3929 days ago  ·  link  ·    ·  parent  ·  post: MtGox wipes Twitter history, resigns from Bitcoin Foundation

what effect will this have on BTC long tterm? is MtGox going to be dismantled, or will someone else be elected to its "seat", or will another industry member be appointed?

not that I know almost anything about BTC.





mk  ·  3929 days ago  ·  link  ·  

For the long term, I don't think it will drastically affect bitcoin. However, I do think it is going to push wallet hosts towards efforts to set their users minds at ease. There has been some talk about how these services might provide proof of the funds they have.

Some people have/had a lot of money locked up in MtGox. That has to be awful.

JakobVirgil  ·  3929 days ago  ·  link  ·  

I wonder how much real money as opposed to bubble gains where lost.