Mt Gox

what do you think will happen?

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The trustee proposal will be issue on Dec 15th. We will know for sure then. If BTC tanks, you fuckers better start buying up anything and everything. I have $7,000 big ones set aside, if we start bleeding. After the bleed, it's $20,000+ easy.

How the fuck didn't they catch the hackers yet?

Doubt anything will happen, as it is likely that there is not that many people that will own those funds, and therefor they will have to average out.
The daily trading volume is a lot higher than 2.6 billion, so it wouldn't be noticeable on the price if it becomes sold off over a periode of a couple of months.

GOXXED

absolute cope, all institutional investors will market sell the day of the announcement

SELL SELL SELL

Nothing ever happens

can't believe they are literally recycling ALL the fud from 2017

140k is nothing

Pure fud.

Some will sell otc
Some will hold it
Some will take it to exchanges

You wont see even a dip.

140k bitcoin isnt much

It was an inside job.

It's actually a lot.

Doesn't matter. Crypto is built around speculation, there will definetely be a small dump.

It's not 140k. Fidelity bought most of the claims already.

Do you know how illiquid the market is?

it's less than 0.005% of total supply of btc

That money is x2 the daily volume on Binance. The dildo would be historic

microstrategy bought 32,353 BTC for 628,484,540 USD yesterday and caused the price to rally 10%

140,000 BTC in the hands of people who want to sell could be dangerous

Check your maths again champ it’s 0.75% of circulating lol.
>muhhhh 0.005%

These coins are irrelevant now.
Mt. Gox fud was so 2017.

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they wouldn't be spending billions of dollars at 19k prices if they were just going to sell on december 15th you fucking brainlet

they will sell at a loss, scared by the massive dump

>I have $7000 set aside
lol. Is that supposed to be a lot?

As soon as it starts moving expect panic.

Not only that, you gotta consider the butterfly effect of a buy buy or a big sell.

A "small" 50M market buy at the bottom of a dip is enough to set the FoMO in and trigger the psychological casade of a rally. The reverse is also true

yes, grayscale and microstrategy had no idea about mt gox. They just spent billions of dollars days before the proposal. Kill yourself faggot

When BTC falls to $1000, yeah he'll pick up 7 BTC no worries.

Nothing burger

They better give me at least 10% of my claim.

Probably never going to happen.

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Bearwhale 2: Trustee Boogaloo

it's actually not 1m disappeared from exchanges this year.

It's 1 month and 15 days of demand.