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Author Topic: Mt.gox started releasing 140000 btc  (Read 319 times)
vivinamie (OP)
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September 11, 2018, 10:17:28 AM
 #21

I heard from a friend,
On the 15th of this month, mt gox will release 140,000 btc, this is true?
which will have an impact on the market, btc fell to 5000?

Why would it have impact on market if they will return those bitcoins to people they owe to? It is just justice served.  Do you believe Bitcoins should not be returned?    If so, then send some of your bitcoins to me and I wil not return them to you ever.

Individuals with huge profits have selling motives
Tuturtinular
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September 11, 2018, 11:37:32 AM
 #22

news like this is constantly putting the panic in the market. you do not mind and be determined. of course the market will come to itself. this type of news is constantly coming and going to disrupt the morale
We must be able to deal with negative news that always makes panic because if the news or opinions that always drop bitcoin continues to grow, the price of the crypto currency will always decline and the simple thing we can do is to instill a sense or character optimistic in each of us and also for all cryptocurrency lovers so as not to be affected by negative news and to avoid panic.
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September 11, 2018, 11:44:37 AM
 #23

This one percentage of release will not be affected the over all cryotocurrency market if you have doubt that Mt god will again play this year be strong and hodl all your coins in wallets without any fear.
Already last few months bitcoin value dumped more in the market hoping it will be reoveref from this shit dumps. Lets wait and see the value is growing or not.
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September 12, 2018, 09:05:03 AM
 #24

We must be able to deal with negative news that always makes panic because if the news or opinions that always drop bitcoin continues to grow, the price of the crypto currency will always decline and the simple thing we can do is to instill a sense or character optimistic in each of us and also for all cryptocurrency lovers so as not to be affected by negative news and to avoid panic.
At this stage, no smart person will even see panic as something they should be so much focused on based on some FUD news that is irrelevant. Whether the MtGox trustee is selling off or not, the market is still in a downtrend, and how far it goes depends on how well we will be able to gain better position in the long run. At the end, those who have most of their focus in the long term, will surely not regret it, and apparently, those who are scared or panic due to some news will have themselves to blame.

On the 15th of this month, mt gox will release 140,000 btc, this is true?
which will have an impact on the market, btc fell to 5000?
At least, so far I have not heard any news regarding that and even if he ends up doing so, who really cares. Apparently, he would give us the chance to simply be buying lower and maybe will help drive us down pretty fast to hitting the bottom eventually. If BTC falling to about $5k is still something possible with or without any MtGox sell off. Still, I believe this is just a story your friend decided to boil up for you.

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Febo
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September 12, 2018, 10:37:12 AM
 #25

I heard from a friend,
On the 15th of this month, mt gox will release 140,000 btc, this is true?
which will have an impact on the market, btc fell to 5000?

Why would it have impact on market if they will return those bitcoins to people they owe to? It is just justice served.  Do you believe Bitcoins should not be returned?    If so, then send some of your bitcoins to me and I wil not return them to you ever.

Individuals with huge profits have selling motives

What kind of individuals with huge profits should be people that MtGox is holding their Bitcoins for 4 years now?  WTF. Everyone have right to do with their property as they are pleased. They can sell it give it away. or destroy it. This poor guys that are fighting for their money for past 4 years really dont deserve some trolls here make fun of them.
minhkhoa
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September 12, 2018, 12:13:19 PM
 #26

If this is true then they just want to push Bitcoin prices to the lowest level possible and then buy at low prices to reinvest. Mt Gox never did crazy things that made them lost money.
Davil
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September 12, 2018, 01:00:18 PM
 #27

On the 15th of this month, mt gox will release 140,000 btc, this is true?
Even if that is true, which I doubt, let's see if it can affect the market:

With the current bitcoin circulating supply of 17.26M, 140,000 BTC would make something like 0.811%.

Less than one percent. Hence, not enough to affect the BTC price, at least not in any significant way.

You have no idea or what? a insta-dump of 140k BTC could potentially lower the price of the Bitcoin to zero. You can't compare it with the total amount but with the sum of the buy walls  Roll Eyes

Anyway, what a friend told the original poster of this thread is nothing to worry about unless another more legit sources confirm the news.
Bobbykid
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September 12, 2018, 02:11:48 PM
 #28

i ever read news
mt gox buying back btc and not selling it until end 2018
 Cheesy
i think they will stop making drama for while, we hope q4 2018 will give us surprice
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