Creditors normally means businesses owed something. Users come much further down and get nothing. Heres to hoping.
all of those debts have long been met completely. this is the leftovers. it otherwise would've gone straight back to mark karpeles.
It will be in fiat...sorry guys.....they don't have a clue on how to return it as BTC to the people who need it back from the mt. gox crash
if they shoot 1.4 billion in USD equiv of BTC in fiat...before the end of the year say..we may be looking at 3k BTC or lower
as to me, I think now everything is a 'bubble' so will just HODL my btc and live off my alts (as the plan off alts for next 3 years till 66 and take traditional retirement plan and soc sec)
does not seem prudent to cash out crypto (BTC) now and lose 50% from ATH to just put it in fiat and stocks and traditional investments for the coming (whopper) of a
recession I expect (40%) dump, (I mean Trump and other USA mess ups)....thus just gonna ride it all down the next 3 years and hope that IF/when we have a recession in
the USA, BTC, and crypto will act like gold and at least go sideways and or up as a store of value
well, chump to champ, I'll (we) will be the first to know if HODL is tulip farming or HODL is unicorn ranching
later
brad
Well...THANKFULLY...I seem to be DEAD WRONG on the above, if various articles are correct and BTC from the mt. gox bankruptcy will be given out as BTC in 2019.
IMHO, that would mean 'more' folk would HODL on any BTC that gets returned, and will thus have less of an effect on driving BTC price into the dirt, etc, etc.
here is the link
https://cointelegraph.com/news/mt-gox-crypto-exchange-begins-civil-rehabilitation-proceedings-ends-bitcoin-sell-offsStill, getting a bit of mixed messages on this, but the combo of no more BTC dumping until 2019 for USD and perhaps when BTC is moved, it is to the mt. gox
folk direct and even it they do sell the BTC, it would be likely in a more gradual manner. Again, I think most folk would be 'thrilled' to get back BTC and would
just go to HODL mode, but maybe that is just me....and my guess.
Anyway, as always, love to be wrong....now if I can just be wrong about this 'bear market' continuing into 2019...as well
brad
