there are times that You bring out "the best" in dee udder peeps.
JJGs posts basically over and over and over again pretty much everyday, regardless who he talks to, hence my ire....
Yeah...
there are times that I don't really like myself very well either.... it's complicated like that... because
there are times that I do like myself too.. .so hard to say really. I would not want to read all of my posts, if I had not written them my lil selfie, so there is that... but usually,
there are times that writing them is not really that bad... for the most part.... so in the end,
there are times that I am torn. Am I waffling, yet?
Starting to sound like Save the RF
(don't want to 'specially pick on any peep da poo, neither)..
there are times that I just need a few more
bolds and ALL CAPS (or is it call miX
XeD c
ApS?) in there.
[edited out]
Oh, I'm a goofy goober (yeah!)
You're a goofy goober (yeah!)
I wrote that one
'specially 4 uie pooie.
It's called art..
well a kind of liberal idea of art, but still.under 20k again
GOX coins coming as well...
Mmh... frankly, I don't expect much from 2022. Please surprise me, Bitcoin... (to the upside please)
Is there any further news besides your expecting the Gox coins to be negative on the BTC price (which surely is not an obvious deduction)?
The last I saw was potential for them to start to get released in late August/early September at the earliest, and even that is far from certain in terms of the coins actually coming available at those earliest of dates.
By the way, one of the ONLY reasonable logics for the GOX coins to be negative on the BTC price is because a lot of individuals sold their claims, so a decent amount of coins are sitting with third-party purchasers who got those coins for pennies on the dollar. Even though they got a lot of coins cheap, I am not even sure if the smartest move is to dump the coins, but you never know with some of the financial shysters who seem to like to play around with manipulation rather than appreciating bitcoin's ongiong upside investment thesis.. but for sure, if there is a perception of the BTC price going down, then some of the BIGGER players who get coins won't necessarily be shy to dump a lot of coins (but not even sure if that is what they are going to - especially if the market dumps before they even get access to the coins).
The gox coins are hanging like the sword of Damocles.
Some will definitely be sold. It doesn't even matter how many will be sold, but I'm pretty sure there are bear whales waiting to use the story to perform a cascading dump.
I hope I'm totally wrong though and the market does what nobody expects and pumps like crazy. But even then, 140k additional coins are there to be potentially sold into the next halving pump which might take a bit off the upwards steam.
(Btw.. I think you can choose how you want to receive the repayment (fiat or BTC), so the trustee might even sell some coins to repay fiat claims.)
I think the fear of potential MTGOX coins being sold will affect the rate temporarily, not the actual coins sold eventually. Besides, who would be dumb enough to sell right after receiving their BTC? Waiting since 2014 makes you patient if nothing else.
I think also there is a bit of too much extrapolation of extreme cases if people believe that the GOX participants were so locked into ONLY gaining exposure to BTC through their GOX coins..
So it takes a bit of extreme view of what people did (early adopters by the way.. these do not tend to be non-technical grandmas) or what they would do in order to believe that GOX HODLers did not hedge their exposure to BTC in various kinds of ways through the past 8.5 years
(not everyone just sat on their hands like some lame ducks like eXPHorizon claims that he is doing - take representations from folks like eXPHorizon with a decent sized grain of salt for sure).
On the other hand, surely business can be more cruel and manipulative in their approach and their behaviors. so there does to have had developed a pretty wide-spread practice for some businesses to scoop up many of those coins from various retail GOX account holders.. which contributes to potentially perverse incentives in terms of both informational manipulation and potentialities for actual physical coin manipulation too. I am not going to put it past them to manipulate and/or for others to manipulate based on the possible manipulation of the GOX coin holder businesses.. but to me, that still does not rise to making preparations ONLY in one direction .. even though I understand that gamblers love to do that because they believe that they are smarter than everyone else
(and even sometimes they end up being correct about the direction.. but not necessarily that they are smarter than everyone else, just because they ended up getting the direction right.. hahahahaha)
Poll
