Post
Topic
Board Altcoin Discussion
Re: Why is no one worried about this
by
serjent05
on 20/08/2022, 21:42:03 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?.

Nothing, except to buy when Bitcoin price crash due to possible sudden pressure to demand that may pull the price of bitcoin.  Aside from that, I wouldn't have a say if Mt; Gox started dispensing the 2B worth of BTC, I think it won't crash the price of Bitcoin, it will just affect the bitcoin market for just a short period of time.