Post
Topic
Board Speculation
Re: The Mt. Gox dude won't let Bitcoin prices rise
by
stompix
on 27/03/2018, 12:52:29 UTC
He will end up using all his reserve at one point, just be patient guys

Hopefully by the next halving season it's all sold up and distributed. A sell pressure still existing at that point is pretty bad for the getting new ATHs.

Just checking...you know the next halving will happen in 2020 , do you?

Everything you think you know about the MtGox sale of Bitcoin is completely wrong.
This statement was released by the MtGox trustee today :
https://www.mtgox.com/img/pdf/20180317_qa.pdf

It was all FUD.

Nobody is going to believe that and even if they do, too few will read or bother to read that statement in the first place.
The community needs a culprit, needs somebody to blame for the price drop.
Be it Gox, G20, just find somebody and blame him.

Already we have ideas about rubbing out everybody that tries to dump coins, the whole thing will only go downhill unless BTC goes up in price again.
Seriously the situation recently are so wild and messed up due this rumor. People can't resist to follow selling Bitcoin , panic people everywhere and hard to restore the faith that Bitcoin could recover , so now it might cost a lot of time for Bitcoin to rise again , worth to wait ? Decide by yourself.


I really don't understand what you're asking me.
People panicking for no reason or from rumors are people that deserve to lose money by selling their "investment".
If BTC can't survive a panic and a guy selling 40k bitcoins in 3 months then probably it won't survice for too long as there will be far more stiffer tests to pass in the future.

And I have to say you seem like one of those panicking for no reason also..