Mtgox coins have started hitting the market. The first users are beginning to confirm having received their coins. Market only down $2,300 so far today and holding up well. I imagine the losses will accelerate as people get off work or start seeing their nest egg declining as well as more users receiving their coins. Still hoping we see some billionaires taking advantage of the liquidity to do some stacking so things don’t set off a panic.
Did all those people also getting some alts back??
And selling them at the same time?
Btw not saying that you got some price actions wrong lately… though I just not following the pad all the way…
The only alt they would grant you was BC'H. I asked for all the other forks too in my application and my claim got rejected as a whole. assholes!
I guess someone will extract all the trash forks (apart from BCH) from the BTC empty gox addresses and dump them happily on the market.
I also expect that most creditors who received BTC and BCH will dump more BCH than BTC. You can already see that happening with the BCH/BTC price declining. Did a trade on that a few days ago and I'm already 10% in profit. Betting on BTC is always profitable but this time the results are quick..
