Post
Topic
Board Speculation
Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 02/12/2018, 19:25:52 UTC
mtgox will go live again this 2019 and refund the customers https://www.mtgox.com/

Mtgox will refund (partially) their customers in 2019? Yes, looks like it will happen finally.

But... going live again? What do you mean?

I mean maybe they will not go "live" but they will not be in bankruptcy state anymore. In any case it looks like it will be a huge injection of bitcoins to the marked and a very good opportunity to buy cheap

Yes, as they have managed to "recover" (by selling BTC) enough funds to exit the bankruptcy state, they now go into civil rehabilitation. About the huge injection of bitcoins.... Maybe... If we take into account that Kobayashi already sold enough Bitcoins to cover all creditor's claims (FIAT + $450 BTC valuation) it is possible we don't see any major selloff after the distribution.

I was very pissed when Kobayashi sold the Bitcoins..... in hindsight, he did very well.

I have asked to receive my share in BTC, but if I receive it in FIAT or part FIAT part BTC, I will use the FIAT to buy more BTC. Probably I am not the only one doing that...