What's gonna happen when all those gox coins are released to the market?
"If" they do.
Most likely a whole lot price whiplashing, but ultimately it will represent a lot of selling power.
On the one hand, Gox coming good on their word (fat fkn chance if u ask me) would be 'bullish' and there are enough noveau riche idiots in Bitcoin to pile into Bitcoin on this news but a huge amount of these coins have been bought by high risk tolerant investors looking to arbitrage at earliest opportunity......will also be a lot of punters who are totally exasperated with Bitcoin thanks to their experiences with Gox who will also make for the exit as soon as they can.
The Gox coin holders who hold, won't affect price at all.
Most likely, 90% of the sub $300 BTC are already in Karpeles' & co's hands.