Yesterday the news broke that the trustee of the MtGox fiasco, has started to sell large amounts of bitcoins and Bitcoin Cash to recover some money to pay out to victims of this incident. These creditors will receive more or less $400 per bitcoin lost.
Now my question is, how many of these people will re-invest that money into Bitcoin again after they have fallen victim to this supposed hack?
If you go back to that time, you would remember the negativity and anger that was expressed, after these people realized that their money was gone.
We have lost a lot more than people who lost some money, we gained a lot of haters and people who turned against this technology, because of that event.
Once bitten, twice shy?
If you were a victim, please give us your story or even if you were not a victim, what would you do?
Now my question is, how many of these people will re-invest that money into Bitcoin again after they have fallen victim to this supposed hack?
If you go back to that time, you would remember the negativity and anger that was expressed, after these people realized that their money was gone.
We have lost a lot more than people who lost some money, we gained a lot of haters and people who turned against this technology, because of that event.
Once bitten, twice shy?
If you were a victim, please give us your story or even if you were not a victim, what would you do?
Only good news is that some people may get back some percentage of money they lost few years ago.But bad news is that sales of these BTC affected quite negatively on today markets,especially the announcement that 1.7 $ billion worth of BTC will be sold in the near future.
I think that some of people stay in crypto world after MtGox hack,even though they lost money-and some of them will probably invest that returned money in cryptocurrency.Although a large number of affected users is permanently left after that event,they lost their trust in BTC and in exchanges.
I think this event was a lesson for future,but to this day some things did not generally improve and security of exchanges is still quite questionable.The ghost of MtGox once again reminds us that coins on any exchange are not safe,so be smart and do not repeat the same mistake twice.
