Post
Topic
Board Gambling
Re: 🚀 Dive Into Bitwinup: The Ultimate Crypto Trading Arena is Here! 🎲
by
Learn Bitcoin
on 28/07/2024, 12:48:05 UTC
Mt Gox creditors may have to wait for up to three months to receive their bitcoin

This is to protect the market's impact in case the majority of them choose to sell their shares.
With the locking period, the market is safe from panic.

Thanks for the link buddy. I did not read it yet but I will check it after writing this post. So, this is not just a rumour but it's a legit news that the Mt. Gox victims will have a lock period of their funds which will help the Bitcoin market. So far, there is nothing to be worry about. But I am still concerned because what if all of them get the funds with a 90 days lock period and what if all of their funds get unlocked at the same time and they start to dump? I guess having a lock period should depend on their balance and the system should be like vesting system. So, they cannot dump all their bitcoin at the same time. But I will have a look at that article.