Mt. Gox – Business Plan 2014-2017 [pdf]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by PhasmaFelis on Thursday February 27, 2014 @03:44AM (#7311096)

Farewell, Magic: The Gathering Online Exchange. With your passing, the Bitcoin world has lost its greatest and most hilarious punching bag.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by skore on Thursday February 27, 2014 @04:02AM (#7311160)

At the very least, maybe this overly clever joke of showing off that you know the original name of the service will finally die with it.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by baddox on Thursday February 27, 2014 @05:16AM (#7311364)

The best part about that joke is there is no remotely convincing evidence that the site ever actually was a playing card exchange.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by davejk on Thursday February 27, 2014 @05:47AM (#7311468)

Assuming a (presumably incomplete) scraping by archive.org is "convincing evidence", it was originally an exchange for virtual trading cards.

https://web.archive.org/web/20070525044536/http://mtgox.com/...

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by eterm on Thursday February 27, 2014 @08:21AM (#7311937)

Of course they were virtual cards, that's what a "Magic: The Gathering Online" Exchange would be.

(But actually MTGO has it's own de-facto virtual currency - tix - which are regularly traded for cards through the MTGO interface.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by dragonwriter on Thursday February 27, 2014 @01:12PM (#7313815)

> Of course they were virtual cards, that's what a "Magic: The Gathering Online" Exchange would be.

I think the confusion is that some people parse it incorrectly as "Magic: The Gathering" + "Online Exchange" rather than as "Magic: The Gathering Online" + "Exchange", so think that it was (planned to be) an exchange for physical rather than virtual cards.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by Anderkent on Thursday February 27, 2014 @06:37AM (#7311611)

Which is 'in beta' and never had anything else on that home page.

It's just a placeholder text.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by PhasmaFelis on Thursday February 27, 2014 @08:18PM (#7316617)

Irrelevant. The joke is that they're such a bunch of incompetent goofballs that they couldn't be bothered to change the name.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by celticninja on Thursday February 27, 2014 @09:06AM (#7312183)

there is plenty.

[ Parent | on HN ]

Re:Mt. Gox – Business Plan 2014-2017 [pdf] by PhasmaFelis on Thursday February 27, 2014 @08:16PM (#7316613)

That's what I said, yes.

The problem is, it paid off. We've all been saying "Um, maybe doing major financial exchanges with an outfit so unprofessional that they do business under an initialism for 'Magic: The Gathering Online Exchange' isn't such a great idea." And now it turns out we were 100% right. So...there's no joke anymore. It's just historical fact now.

[ Parent | on HN ]