Four digits, here we come. I'm going to fill the shopping cart.
Topic: MtGox finally going to distribute 137,000 BTC sometime next month - page 3. (Read 386 times)
Its obvious liquidity. Any amount from back then is a big amount now, people have bills some people will have zero choice but to sell. A few able may sell then buy later not many as people are typically bad at reentering I think and a couple it will mean nothing as they have meanwhile been trading and holding larger armounts so they can hold regardless.
If everyone gets their pay out at the same exact time it would blip down perhaps but I think the market has a larger trend then the latest mtgox news, every year since its become less important surely.
If everyone gets their pay out at the same exact time it would blip down perhaps but I think the market has a larger trend then the latest mtgox news, every year since its become less important surely.
Honestly I agree. Its going to be a lot of "burned" coins. Sure there could be some dump, but it will mainly be because of all the people who will sell to avoid a dump, causing the dump themselves funnily enough. This is why I believe that nobody should do something before it happens, because it may not happen at all, and you hurt the market for nothing. This will be mainly maybe like %30-40 of the people still having access to their wallets, and maybe nearly 100k bitcoins being gone forever. Thats a good thing for us, more bitcoins gone from the market circulation and it will allow bitcoin to gain value overtime, not right away probably, but over long term.
But I don't think everyone has still access to their wallets.
Because who would have thought this situation will reach up to this point where they will receive their lost coins?
I guess, a lot already forgot their credentials or had no more access to their computers used for this site.
Some also re-format their computers because this is a long time in the making.
Lucky for those who keep all their details all these years.
Because who would have thought this situation will reach up to this point where they will receive their lost coins?
I guess, a lot already forgot their credentials or had no more access to their computers used for this site.
Some also re-format their computers because this is a long time in the making.
Lucky for those who keep all their details all these years.
No you don’t understand. The coins are not at MtGox.
Some trustee has them. And the people who lost their BTC back in 2014 filed claims for their lost bitcoins.
They will get them most likely sent to a new BTC wallet and those who want USD will have it sold by the trustee and most likely would be sent by bank transfer.
But I don't think everyone has still access to their wallets.
Because who would have thought this situation will reach up to this point where they will receive their lost coins?
I guess, a lot already forgot their credentials or had no more access to their computers used for this site.
Some also re-format their computers because this is a long time in the making.
Lucky for those who keep all their details all these years.
Because who would have thought this situation will reach up to this point where they will receive their lost coins?
I guess, a lot already forgot their credentials or had no more access to their computers used for this site.
Some also re-format their computers because this is a long time in the making.
Lucky for those who keep all their details all these years.
So the creditors finally got an email about getting their bitcoins since the 2014 bankruptcy. This is around $3 billion dollars.
Everyone is watching their wallet and many will start to front run the dumping when it’s actually redistributed.
What does everyone think will happen? Dump? Pump? Sideways?
It’s also funny how ETH merge is around the same time. Late August. Should be a busy month.
Everyone is watching their wallet and many will start to front run the dumping when it’s actually redistributed.
What does everyone think will happen? Dump? Pump? Sideways?
It’s also funny how ETH merge is around the same time. Late August. Should be a busy month.
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