Post
Topic
Board Speculation
Re: Will the Mt. Gox coins affect Bitcoin’s price in August?
by
fortuner
on 17/07/2022, 00:19:14 UTC
If they really release it to its old users provably those will give some effect because for sure those old guys would provably sell their stuck coins for long years and this could create fud which can make the price of bitcoin move. But this is for short term only since for sure bitcoin will bounce and many investors will catch the knife at possible bottom price of it.

Even though in the short term, we can take our profits back when the bitcoin price starts to move again.
Indeed that is our hope at this time, seeing the price of bitcoin soar and taking a position for us to buy and sell what we have maintained so far.