Bitcoin bailout... interesting.  should be bullish for the bitcoin price in the short term

And the decentralization.

https://bt.irlbtc.com/view/35812.0

I think it's good news....   as long as there are a few exchanges then you'll see innovation...  if there's only one then it's a problem.

Gox could really help the market out if they beef up man power and show that they're serious players, and not just a couple of dudes over in japan.

I am in the US, and I do believe my credentials, references and experience could put me in the category of a serious player. :-)

I am just guessing, but that could partial because of their, hm, "unique" design. It looks more like a toy website and not professional - way too much colors and unrelated images. I mean, they have a city falling down on the right side of the page. Not only is there no relation to bitcoins, it also helps me to feel uncomfortable on this site. Personally I really like the clean, professional looking design of Ruxum.

Every successful Bitcoin venture will increase "centralization" to a certain extent and there's nothing wrong with that. The great thing about Bitcoin is that centralization is not inherent - it's not structurally built into the system as with national banking systems and central banks, etc.

A free, decentralized market will necessarily coalesce around vendors of strength, as it should. To the extent those vendors start dissapointing customers, a dozen competitors are welcome to enter the market and try their hand.

Don't poo poo Mt. Gox's move here, I think it's both smart for them and a great relief to the btc community.

now to all the users who post mtgox make barely any income/profit need to back out with their tails between legs because backing up the value of 17,000 lost BTC takes balls of steel

steel i say

actually, eventually they will make money from this. they now have the #1 exchange + #3. i dont think it will take much more than a year for the bitomat portion of mtgox to make the money back.

This is quite stupid. I agree to the purchase of the failed business and database at a hefty discount, and reimburse everyone up to 20 - 50BTC as a token of good faith. But cover the whole loss out-of pocket ? For some douche-bag's mistake ? What the hell !? Karma does not exist.

150.000$+ would be much better spent in improving their spartan site, opening markets in all major currencies, advertising bitcoin etc.