December 15 Mt Gox release 150.000 BTC into the market.
Are ready to buy the dip?
cryptobriefing.com
MT GOX
David Hughes
Jose Rodriguez
Yes. I sold some fractions some days ago.
Nobody in Zig Forums is paying attention, which means the dip will happen.
Kevin Murphy
150k BTC is nothing
Aaron Reed
hasn't been confirmed anywhere. simply won't happen
i doubt even 50% of those coins are able to be reclaimed, and those that are won't be returned. they've been sold to some fund or billionaire already
Benjamin Allen
Seriously I think you're underestimating the demand.
Landon King
It's like 0.7% of supply right? Not a big deal, it'll get bought right up.
Anthony Gomez
Cry more. Buy higher
John Foster
Is nothing???
With roughly 28,000 BTC mined each month, the haul equals around five months’ supply.
Ian Hughes
Mt. Gox was the best-known cryptocurrency exchange until it was hacked for funds that included 860,000 BTC. After years of legal tussles, a rehabilitation scheme will see roughly 140,000 BTC distributed to creditors.
Brody Morris
Everytime this date comes it gets kicked back down the road. This is at least the 2nd time the payback was supposed to happen
I'm not saying it won't,but what makes you certain it's this time
Logan Myers
Kek, Mt. Gox fucking us all over AGAIN?
Aaron Cruz
dang maybe I shouldn't have bought the dip yesterday, with this shit coming up
if the coins do go onto the market it will get absolutely crushed
Nathan Ross
sell the rumor, buy the news
Gavin Baker
this speculation is based on dec 15 being the deadline, but it will not be met. not for a long time
expect users to be refunded in $ based on the value of their holdings at the time mtgox went down
Nathan Cruz
Your math is retarded.
Jack Reed
I expect the deadline pushed again as well
desu would prefer they finally dump it now so the mt gox fud is gone for good and we can buy the dip
Ayden Watson
Trading news on MT GOX legal shenanigans is considered by many experts the best way to identify autistic folks on the internet.
Isaiah Scott
We are basically this man's bitch rn
Ayden Cruz
Ya this is exactly what will happen. Cash based compensation based on value of holdings at the time possibly with 2% per annum interest
Dominic Powell
I wish mtgox give these fucking btc
I wish these retards dumped them all, so btc retrace a little, that's good, and we get the fuck off this story
Zachary Bennett
The volume for one day is around 1.5 million BTC. That is in one day of trading. This isn't one person receiving 150k, but numerous individuals. For any down pressure, they would all have to sell all of their bitcoins at the same time, which is highly unlikely. This will be easily absorbed by the market
Ethan Jenkins
it will be bought up like nothing
James Anderson
A good chunk of these coins probably belong to early silk road users or russian criminals who won't be claiming them for obvious reasons.
Jaxon Nguyen
last i heard japan bankruptcy laws don't allow for being reimbursed in anything but jpy
Chase Sanchez
IMAGINE BUYING BITCOIN ON A FUCKING MAGIC THE GATHERING WEBSITE
David Rivera
is it all gonna crash OP?
I am worried, should I sell?
Benjamin Nelson
Until late 2013, Mt. Gox was number fucking ONE in the exchange game.
Evan Morales
yes I would like to go back in 2013 and buy them there
Grayson Ross
This shit coming up is the reason for the dip. All information that is available is already priced in
Jayden Murphy
based mark crashing the market for the third time
Aiden Stewart
People who call themselves experts are considered the best way to identify sheep by autistic folks on the internet, as well
Landon Phillips
I though bitcoin was dead when it crashed and that it would take at least a decade for people to recover the confidence in crypto, oh god how naive I was.
Hunter Evans
IMAGINE MAKING FUN OF PEOPLE WHO BOUGHT BTC UNDER $100