So many whales owned bitcoin that will be issued by mtgox. In my opinion if those people can't be forced to hodl their assets. those bitcoins are compensations for them from the incident that happened with mtgox. I would not be surprised to see that if there will be some people selling their bitcoin until some points like getting some funds from the market to be used as their reserved funds. They may think holding bitcoin may be very volatile but not for exchanging it for cash that may hold their value.
I do know that selling at the bottom price like this is so stupid caused by they can get more money by waiting for another pump
Topic: MT Gox Btc (Read 88 times)
Crediter will sell or hold, MT Gox BTC,
Its all their choice but considering the price of Bitcoin wayback and now then we could really say or just that common sense that most of them will definitely be considering on selling their coinswhich means it would really be putting up some impact on overall market and i dont know if it would really happen or not considering on the amount involved then it cant really be
ignored that we do really presume out that it would really dump the market although its not really something an assured thing to happen but high chance or odds that it will do.
Its their coin or money then its their full rights on what they would do and all the thing we could do is prepare whenever market tends to dump.
Their choice.
Are they going to sell at low price of bitcoin? Maybe and maybe not. This is not a question that anyone has the answer and will speak for the most of them.
Well, maybe the hint is there already when the price of bitcoin have fell.
Are they going to sell at low price of bitcoin? Maybe and maybe not. This is not a question that anyone has the answer and will speak for the most of them.
Well, maybe the hint is there already when the price of bitcoin have fell.
We are in the last 2 days of August and there is still no official news from Mt.gox, I am wondering if it is a rumor, is it Fuds. The most recent ATH was 69k and now bitcoin is trading around 20k, if I get my bitcoins back during this time I won't sell them immediately and will keep holding and wait for a bull season other. We are victims of that year and we have waited almost 10 years there is no reason for us to sell as low as now. that's my prediction.
Crediter will sell or hold, MT Gox BTC,
We don't know but I can tell that some will hold and some will sell. That would be the precise answer to your question, IMO. If it is me, as long as I don't have any financial emergency, I would be holding BTC because it would be a waste to sell it on a bear market. Aside from that, there is also a huge possibility that the next bull run will break $100k that s 5x+ the price of BTC today.
I don't think anybody can answer the question accurately, the only thing we can do now is wait and see what will happen, we all know that some will sell why some will hold but we just have to wait till it is released first before we know about the impact on bitcoin, it will affect bitcon price but we all know that bitcoin will bounce back just a matter of time, so I think everybody should keep calm and see what will happen. But no matter how bitcoin dump it's going to bounce back.
We must first wait for this great event, when finally these bitcoins will be distributed to the affected investors, rather than postponing the deadline for distributing bitcoins for the thousandth time. How long has this been going on? It will soon be 10 years. If those bitcoins are still distributed, it would be foolish to sell them now. Many people understand that bitcoin's value grows over time, so I would hazard a guess that many investors will hold bitcoins.
I as a long term investor don't care, I will even like if the BTC gets dumped and affect the price so much, this will be another good buying opportunity for smart investors, also I bet there are buy orders already waiting for BTC at 13k to 17k so do not worry.
Crediter will sell or hold, MT Gox BTC,
There are already several threads in which your question is discussed:
https://bitcointalksearch.org/topic/mt-gox-upcoming-release-of-funds-to-its-creditors-vs-btc-price-5409673
https://bitcointalksearch.org/topic/will-the-mt-gox-coins-affect-bitcoins-price-in-august-5406330
By clicking on the above links, you will find all the answers, but so far we can only say for sure that the payment date has not yet been definitively set.
The answer is if that's creditor's choice. some may probably hold their assets and the rest may dump it instantly. Those people who have funds in mtgox have become instant millionaire. They will not be missing the opportunity to become the next millionaire.
So many creditors can buy lambo for that. I guess many of them will be selling their bitcoin but that's their choice. We can't predict it for sure caused by that's personal intention.
So many creditors can buy lambo for that. I guess many of them will be selling their bitcoin but that's their choice. We can't predict it for sure caused by that's personal intention.
Crediter will sell or hold, MT Gox BTC,
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