wachtwoord
Legendary
 Offline
Activity: 2100
Merit: 1040
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February 21, 2019, 11:54:24 AM |
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Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.
I get your point, but that would be a terrible waste of valuable BTC. Enough is lost already. Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part. Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers. However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins. You guys are thinking way too rational here I'm afraid. A great many mt. Gox holders were "done" with bitcoin after mt gox and still are. Also note price is still up 10x since then so this money, they thought they lost, feels like a windfall to them (and not savings). Add to that the percentage of mt gox creditors who are in financial duress, by w/e reason, and I believe there will be huge selling pressure from the mt gox coins being distributed. But hey luckily by the time there will also likely be significant upwards pressure so maybe it will only cause longer consolidation or slower growth. |
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Cryptotourist
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February 21, 2019, 11:54:39 AM |
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Come on r0achie, WhereTF have you been? (can hear Lambie typing already) How does it feel to be a coiner?  |
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bitserve
Legendary
Offline
Activity: 1302
Merit: 1198
Self made HODLER ✓
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February 21, 2019, 11:55:36 AM |
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Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.
I get your point, but that would be a terrible waste of valuable BTC. Enough is lost already. Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part. Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers. However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins. To be honest, if prices were above $20K I would probably sell some of my own stash knowing I would later replace it with the Gox compensation. So no, even in that case I don't think the impact would be after the distribution. It probably is already more than discounted. |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 21, 2019, 11:56:46 AM |
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It was quiet and good lately
Where my Nazis at  |
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Lambie Slayer
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February 21, 2019, 11:56:58 AM |
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Crazy how much more Bullish things are than 2015. Just to name a few... Bakkt coming soon ETFs just a matter of when, not if Samsung putting wallets in their flagship phone Fidelity Roach an Gembitz apologise and turn Bullish Elon Musk comes out of his Crypto Closet and declares moon. White House Chief of Staff for potentially the next 2-6 years is a Bitcoin lover. We have Crypto Mom at SEC, plus another new commissioner is pro Bitcoin, and Stein, the Bitcoin hater just finished her term Ive been converting nocoiners to Bitcoiners for 5 years out in the real world and its never been easier for me personally to convert them than now, they are dying to understand it. We dont have to worry about chinese miners blocking segwit and big blockers have disgraced themselves over and over and over and over and over and over and over and over and over  Lighting is here and ninjas are buying pizza with it and sheeeeiiit. Did I say lighting is here and its awesome. Jack Dorsey is hard core Bitcoin maximalist. Less people than ever believe the MSM Bitcoin haters, more percent of people than ever get there Bitcoin info from places like Twitter, Reddit, and the CEO of Bitcoin Known as WO. Bitmain is going out of business as punishment for their sins against Bitcoin. Google added our symbol to its keyboard. The US gov doesnt have tons of coins to dump on our head everytime we pump. and much much more. Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin. No, we dont need that, we have been rallying for 68 days in our new Baby Bull Market. The young bull grows stronger each day as Bears cry "sucker rally" in full disbelief mode. Soon the young bull will grow strong fed by mothers milk of the halving and it will look like this https://www.youtube.com/watch?v=4cduCnWfgZY |
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bitserve
Legendary
Offline
Activity: 1302
Merit: 1198
Self made HODLER ✓
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February 21, 2019, 11:58:37 AM |
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Now all we need is for the mt Gox custodial to accidentally send all its Bitcoin to a burner address and the rally can finally begin.
I get your point, but that would be a terrible waste of valuable BTC. Enough is lost already. Most of Gox creditors will probably hodl. I sure will. Maybe I will even buy more with the FIAT part. Agreed, Mt Gox creditors have been in the game longer than most and understand these are dirt cheap prices. If they were to receive fiat and BTC around this price range I believe most would be converting fiat to BTC and hodling the BTC they receive. Its not like these coins are being sent to buttcoiners or central bankers, Gox creditors are mostly true believers. However if prices are above 20k when funds are returned, then sure, Id guess many would be dumping some coins. You guys are thinking way too rational here I'm afraid. A great many mt. Gox holders were "done" with bitcoin after mt gox and still are. Also note price is still up 10x since then so this money, they thought they lost, feels like a windfall to them (and not savings). Add to that the percentage of mt gox creditors who are in financial duress, by w/e reason, and I believe there will be huge selling pressure from the mt gox coins being distributed. But hey luckily by the time there will also likely be significant upwards pressure so maybe it will only cause longer consolidation or slower growth. Take a look at the creditors list. We are talking about only around 200.000BTC. Ok, now look Josh Jones... IIRC his credit is like 40.000 or more. There are a few like that. They have HUGE holdings besides their GOX credit. Don't you think they would sell from their own stash in advance? And probably are more than already done on selling? Yes, some people will sell, of course. Some people will buy with the FIAT part. And, more importantly, whatever happens it will be over soon. Finally. |
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Globb0
Legendary
 Online
Activity: 2366
Merit: 1922
Free Bird Fly
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February 21, 2019, 11:58:44 AM |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 21, 2019, 12:01:46 PM |
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SOON(TM)
Yea, it's called the kikes using Brexit as an excuse to implode global markets to try and divert blame away from themselves onto something else. Shitlord Jew Max ShekelsteinKeiser is already complaining about the value of all his britcuck dollars imploding in the near future. |
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Lambie Slayer
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February 21, 2019, 12:04:07 PM |
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It was quiet and good lately
Where my Nazis at Nazis are busy buying Bitcoin in our new Bull Market.  Daily Stormer, Gab, and Storm Front all use Bitcoin as their main and preferred source of funding. The owners of these sites are pushing the Nazi community more towards Bitcoin adoption each day. Nazis drive cars, use cell phones, wear shoes, its only natural that they all use Bitcoin to fund their top websites. |
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realr0ach
Sr. Member
Offline
Activity: 924
Merit: 311
#TheGoyimKnow
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February 21, 2019, 12:17:16 PM |
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bitserve
Legendary
Offline
Activity: 1302
Merit: 1198
Self made HODLER ✓
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February 21, 2019, 12:19:22 PM |
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^ Projecting. Did it hurt you so much? Get over it.
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Lambie Slayer
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February 21, 2019, 12:21:00 PM |
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Bitcoin funded website. Bullish |
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Last of the V8s
Legendary
Offline
Activity: 1596
Merit: 4130
Be a bank
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February 21, 2019, 12:22:45 PM |
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Goose won the raffle of course. Nice one mic edit: Suggest you make sure to ask him specifically for a btc one... |
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bitserve
Legendary
Offline
Activity: 1302
Merit: 1198
Self made HODLER ✓
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February 21, 2019, 12:23:50 PM |
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Goose won the raffle of course. Nice one mic That's our boy lol |
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Olegya199
Full Member
Offline
Activity: 482
Merit: 129
HODL
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February 21, 2019, 12:27:32 PM |
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realr0ach always disappear when an BTC starts to grow in price and appears when the price starts to fall?
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kenzawak
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February 21, 2019, 12:33:58 PM |
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Goose won the raffle of course. Nice one mic edit: Suggest you make sure to ask him specifically for a btc one... You gotta be kidding me !?? I've been participating in these almost every day for the past three months or something, haven't won one yet... he arrives, wins on his first time ? Lucky son of a b... we still won the world cup |
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Cryptotourist
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February 21, 2019, 12:37:27 PM |
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Karma is strong on that Mic dude. |
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samson
Legendary
Offline
Activity: 1778
Merit: 1018
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February 21, 2019, 12:37:52 PM |
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I'm hoping for a big dip, a retest of 3600 would be most welcome  |
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Lambie Slayer
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February 21, 2019, 12:38:18 PM |
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realr0ach always disappear when an BTC starts to grow in price and appears when the price starts to fall?
No in 2014 and 2015 he was a mega bull. He lost his old account to hackers. Many here including myself enjoyed his pro bitcoin posts and he would attack bear trolls like NLC/Lambie/Izabella Kaminska daily. Check my post history for a full analysis of what happened. He and Gembitz are buying on the low right now though, no one wants to miss out on this new bull market. |
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