Post
Topic
Board Gambling
Re: 🚀 Dive Into Bitwinup: The Ultimate Crypto Trading Arena is Here! 🎲
by
Learn Bitcoin
on 27/07/2024, 05:43:56 UTC
Its good if they have something like that feature since its no sense at all if majority of them will unload immediately their bitcoin since it possibly could move the price of bitcoin plus provably these news will create a lot more panic since lots of people easily get carried out by the news they read online and some may think that this is risky situation that's why there might be a lot of people will join to dump their bitcoin.

I don't know the legitimacy of that news because I have heard it from another forum member. He said that the distributed funds will have a lock period, and they won't be able to dump it all right after they receive it. I agree that it makes sense because We saw how the market moves when many people dump their Bitcoin simultaneously. The German Bitcoin affected the market very hard and touched its lowest of 54K. If Mt. Gox users receive their funds without any lock period and they can sell all their Bitcoins, you will see that Bitcoin will touch 30K range or even lower. But I hope that won't happen. We expecting something good.