Bitcoin Forum
May 10, 2024, 10:31:11 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 [2]  All
  Print  
Author Topic: When will Mt Gox unload their coins?  (Read 164 times)
jhache
Full Member
***
Offline Offline

Activity: 518
Merit: 100


View Profile
June 17, 2018, 05:56:59 PM
 #21

Well if you don't know then they have been unloading those coins on exchanges directly for some time now. I think that might have been the spark for the bear cycle to start. I think the next hearing is in a few months in the court and that's when the next move will be decided of when and how to sell the coins.

1715337071
Hero Member
*
Offline Offline

Posts: 1715337071

View Profile Personal Message (Offline)

Ignore
1715337071
Reply with quote  #2

1715337071
Report to moderator
1715337071
Hero Member
*
Offline Offline

Posts: 1715337071

View Profile Personal Message (Offline)

Ignore
1715337071
Reply with quote  #2

1715337071
Report to moderator
The forum strives to allow free discussion of any ideas. All policies are built around this principle. This doesn't mean you can post garbage, though: posts should actually contain ideas, and these ideas should be argued reasonably.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
senin
Full Member
***
Offline Offline

Activity: 938
Merit: 137



View Profile
June 19, 2018, 03:57:37 AM
 #22

They write that in order to substantially lower the rate of the Crypto-currency, in the period from December to the beginning of February Mt. Gox from Tokyo put up for sale in three batches about twenty thousand bitcoins. And they have it, supposedly there are still 180 000. In addition, he also decently lowered the rate of the crypto currency, having recently put up for sale about eight thousand bitcoins.
 Therefore, even for a large drop in the market of crypto-currencies, the consequences of which have been eliminated for six months now, Mt. Gox still has the opportunity to force the crypto-currency market to fall nine times every six months. This, at least, for four to five years. In addition, he will not immediately throw out the next batch of bitcoins, but will expect a good rise in the bitcoin course. In general, a nightmare. Only Mt. Gox can spoil the growth of the crypto-currency market for about five years. Even if the market adapts and will recover twice as fast, then it will be a two-three-year period. And such as Mt. Gox can already gain a lot when they see that with the growth rate bitcoin there are problems.
David Join
Newbie
*
Offline Offline

Activity: 9
Merit: 0


View Profile
June 19, 2018, 04:24:57 AM
 #23

tell me exactly time, thank
jamesashmore1964 (OP)
Jr. Member
*
Offline Offline

Activity: 336
Merit: 3


View Profile
June 19, 2018, 01:06:06 PM
 #24

I thought they weren't allowed to unload until September?

Who knows!
Many conflicting stories!
Pages: « 1 [2]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!