Ninjastic
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Board Bitcoin Discussion
Re: Mt Gox Upcoming release of funds to its creditors vs Btc Price
by
KaliLinux
on 30/08/2022, 05:54:24 UTC
Quote from: noormcs5 on August 13, 2022, 05:08:55 AM
Quote from: Yogee on August 12, 2022, 10:54:38 PM
Quote from: irfan_pak10 on August 12, 2022, 10:05:49 PM
.... 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.

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

Maybe but I am guessing most will dump 50% which would have been way more than what they had in value then and because they have seen what Bitcoin is now, I bet they would love to hodl some till the next bull market to even gain more from that too, that's what I would have done.