Ninjastic
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Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
by
bitserve
on 09/12/2018, 21:16:57 UTC
⭐ Merited by JayJuanGee (1)
Quote from: BTCMILLIONAIRE on December 09, 2018, 09:13:48 PM
Quote from: JayJuanGee on December 09, 2018, 09:11:35 PM
Quote from: samson on December 09, 2018, 10:50:58 AM
Quote from: alevlaslo on December 09, 2018, 10:36:22 AM
Quote from: Remember remember the 5th of November on December 09, 2018, 12:08:17 AM
Quote from: alevlaslo on December 09, 2018, 12:02:33 AM

I have to disagree. That trendline needs to be lower, the start should be at the end of 2015.

below 3000 is not possible  https://forum.bits.media/index.php?/topic/952-%D0%BA%D1%83%D1%80%D1%81-bitcoin/&do=findComment&comment=1707986

Wait and see what happens when all the MtGox Bitcoins are released into the wild if the current price is hovering around $3000 / BTC.

When is that coin release going to happen?  

Probably not going to change anything significantly when the MtGox coins are released to the coin owners - such release might be a bullish event.
How? Unless they got dollars they won't be buying extra coins as a result of the release, but will have coins of which some will probably be sold due to the amount of people involved.

Because Kobayashi already sold enough coins to pay all FIAT claims *IN FULL* plus $450 for each coin in the approved claims. Ie: I expect to receive $450 for each coin I had there plus a prorrata over the remaining coins (around .15 or .2 BTC for each BTC)

Some people will use the fiat part to buy more BTC... some other maybe sell some BTC... probably neutral impact... but... the mtgox FUD will come to end finally.