Post
Topic
Board Press
Re: [2019-02-04] Ex Bitcoin Foundation chair claims billions ahead of Mt.Gox victims
by
squatter
on 22/01/2021, 22:07:11 UTC
@squatter. What do you speculate on the outcome of this? Will there be a dump of 150,000 coins? I have seen arguments that there might not be a dump and the agreement has not yet really been signed and agreed. Is this clickbait and FUD?

Indeed, nothing is official at this point. A preliminary agreement has been reached among some of the largest stakeholders, that's all.

Whether and how many creditors agree to the early repayment scheme, and then how many of those creditors turn around and sell their bitcoins -- we have no idea. I'm no fortune teller.

Even if repayment happens relatively soon, we should probably assume a significant portion of creditors are long term Bitcoin believers who don't intend to sell.