Post
Topic
Board Bitcoin Discussion
Re: Mt Gox Upcoming release of funds to its creditors vs Btc Price
by
pawanjain
on 21/08/2022, 14:56:20 UTC
.... Do you think they are going to hold it ?
They were able to live and wait for years so I won't be surprised if they hold on to it until the next run or longer to maximize their returns.

It's up to them at the end of the day so just be prepared to sell or convert to stable coin if you're too worried about what they will do.

They were able to wait for so many years because they didn't have any other option.
So I think that we will see a huge volatility when Mt Gox releases the funds.
The chances of a dump are high since many would think to exit and then sell their coins causing a dip.
Any idea when they are planning to release the funds ?