A-and stage 3 after blaming tech/systems, investors/capital/management fleeing - finally comes the ugly truth that the balloon has puffed and a lot of hasty "investors" will come empty handed...so funny actually - a Ponzi in a record low time :-).
Apparent Theft at Mt. Gox Shakes Bitcoin World
The most prominent Bitcoin exchange appeared to be on the verge of collapse late Monday, raising questions about the future of a volatile marketplace. On Monday night, a number of leading Bitcoin companies jointly announced that Mt. Gox, the largest exchange for most of Bitcoin’s existence, was planning to file for bankruptcy after months of technological problems and what appeared to have been a major theft. A document circulating widely in the Bitcoin world said the company had lost 744,000 Bitcoins in a theft that had gone unnoticed for years. That would be about 6 percent of the 12.4 million Bitcoins in ... (full story)