Post
Topic
Board Altcoin Discussion
Re: Why is no one worried about this
by
ethereumhunter
on 20/08/2022, 16:12:50 UTC
What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.
If those who received the BTC wanted to cash it in by selling it immediately, it could crash BTC and plummet to the lowest price we could ever imagine. But if they keep their BTC on hold and sell it when the price increases again, it won't crash BTC. But even though the price of BTC crashes, it is an advantage for those of us who have fiat because we can buy BTC at the lowest price, which is the best moment to buy BTC. Now it's your decision if you are one of those who will accept the BTC but if you don't accept it, then just prepare your money to buy BTC.