Post
Topic
Board Bitcoin Discussion
Re: Mt Gox Upcoming release of funds to its creditors vs Btc Price
by
Issa56
on 27/08/2022, 19:43:33 UTC
I don't think that they will hold these bitcoins or are willing to hold them. When Mt gox was hacked, the price of bitcoin was nothing as compared to now. These people are lucky to get that money back and they will dump it right away as first of all it is free money for them and secondly, they have waited enough.  Smiley
You are very correct, i dont think they will want to hold it, am sure not all of them will hold it but just few of them will hold and others will dump, and even if they sell it now they are already in good profit because when the exchange was hacked bitcoin price was very low compare to now. Most of them wont believe they will get the money back, some of them will have forgotten about the money, so if they distribute for them, its just like a free money for some of them. Am just waiting for them to dump it so that i can accumulate more bitcoin.