Post
Topic
Board Speculation
Re: MtGox finally going to distribute 137,000 BTC sometime next month
by
BitcoinPanther
on 10/07/2022, 21:15:07 UTC
What does everyone think will happen? Dump? Pump? Sideways?

I read an article about this and that article thinks that most receivers will ask for the dollar and thinks that the Bitcoin market will possibly crash by 3B that time.  Funny how these media already made a conclusion about the BTC crash on the distribution day. But I don't think that it will happen because most of these receivers are once BTC holders.  So I think the majority of them will have it received in Bitcoin thus the market will not be affected by the said distribution. So I think it will be sideways in relation to the Mt. Gox fund distribution.