Quote from: bL4nkcode on December 17, 2020, 11:06:17 PM

Quote from: uelufl on December 17, 2020, 05:49:52 PM

At last count Mt. Gox still holds approximately 141,600 bitcoin and 142,800 bitcoin cash.
When all this BTC pours into the market, the price will fall.

Nah, it's just < 1% of the total mined bitcoins so it will just barely affect the price when that happens or nothing at all. Besides market now too hype that even 1% of sell order won't affect much, people from the other side will accumulate and just buy it.

The daily trading volume is about 3 million, and 141,000 from 3 million is no longer 1 percent.

in addition, a significant part of the mined bitcoins are lost forever or blocked.