My sources tell me that a U.K.-based Venture Capital Firm, partnering with a Russian billionaire living in Cyprus, have won the bid for Mt. Gox's 200,000 coins and "first rights of refusal" for any additional coins found in BK or BK-like liquidation. The Term Sheet for this deal with be completed within the next ten business days. Coin price, as expected, is undisclosed and pending further negotiation. My inside guys, at TRCT and NTFB, say all they know is that the average price will be somewhere between $22-81.50. (U.S. Dollars) This Group supposedly beat out 11 other bidders. The low bid was $3 per coin by a consortium of Nigerian Day-Traders.
This is just what I'm hearing so please don't blame the messenger. Really bad news if this is true! I advise all of you to hold and wait around 15-20 years. You will probably get your money back, at the current price of $494, by 2030. Take your profits or your tax deductions and run as fast as you can for the nearest bunker!
So nice of you to tell us, I mean considering that there is nothing it it for you! Such service, much thoughtlessness.
I'm looking forward to your 'I told you so' though! Might be an idea to stop flinging shit over the forum until that time.
