adaseb
Legendary
Offline
Activity: 3850
Merit: 1731
Up to 300% + 200 FS deposit bonuses
|
They are not releasing 400K worth of BTC. When they got hacked they got somewhere like 850K stolen however after they shutdown they somehow recovered 200k or so. It was from some other hack but they somehow got 200K to give to the victims. The rest was never recovered.
They sold in 2017 to cover for fiat lost and why they only have 135K left. So whatever US dollar amount they lost, it was already sent to them. Now the remaining BTC they need to equally divide it amount those holders.
I'm pretty sure that isn't right. No dollars have ever been distributed that I'm aware of. If there were, I would have received something. I believe I only had a few cents in there but I did have a decent amount of BTC. It's also worth noting that BCH is going to be distributed as well. I assume most of that will be market dumped. This is actually a positive in my opinion as much of that BCH money will flow into BTC. I doubt it will be enough to counteract the amount of BTC sold, but it's something... Back in 2017 the trustee sold like 60K worth of bitcoins for fiat, where did that money go? My understanding was that it was to make everyone whole in terms of dollars on the day when MtGox went bankrupt. So 1 BTC was like $900 or so. If you had 1 BTC they would send you $900. I never followed up on whether the creditors got the money. However why else would they sell 60 K worth of bitcoins if nobody received them?
|
|
|
|
proudhon
Legendary
Offline
Activity: 2198
Merit: 1311
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2022, 06:36:27 PM |
|
Will the Mt. Gox coins affect Bitcoin’s price in August?
Yes! Absolutely. The release of Mt.Gox coins in August will cause the price of bitcoin to continue its downtrend.
|
Bitcoin Fact: the price of bitcoin will not be greater than $70k for more than 25 consecutive days at any point in the rest of recorded human history.
|
|
|
ShowOff
Legendary
Offline
Activity: 2716
Merit: 1192
Play Poker on Telegram
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 25, 2022, 07:21:54 PM |
|
Yes! Absolutely. The release of Mt.Gox coins in August will cause the price of bitcoin to continue its downtrend. I'll start with maybe, but I don't expect much. The market will deal with FUD, that's for sure and I think the price will go down. However, I don't think all customers will sell their bitcoins blindly like when the altcoin market just opened, maybe not bitcoin. Some people will sell and enjoy the results, but in any case it will have an impact on the price of bitcoin in the market.
|
|
|
|
fuguebtc
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
July 26, 2022, 05:10:25 AM |
|
Yes! Absolutely. The release of Mt.Gox coins in August will cause the price of bitcoin to continue its downtrend. I'll start with maybe, but I don't expect much. The market will deal with FUD, that's for sure and I think the price will go down. However, I don't think all customers will sell their bitcoins blindly like when the altcoin market just opened, maybe not bitcoin. Some people will sell and enjoy the results, but in any case it will have an impact on the price of bitcoin in the market. There will be a negative impact on the market, but more or less we are unable to predict the extent. According to my opinion, there is no need to worry, as Mt.Gox will not pay off all the bitcoins all at once to its creditors, maybe they'll split it up in batches. There are some people who will not sell their bitcoins once they have received them, as they have seen the strong growth of bitcoin over the years, so it is possible that they may decide to keep them rather than sell them.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
adaseb
Legendary
Offline
Activity: 3850
Merit: 1731
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
August 27, 2022, 04:44:08 PM |
|
So its pretty much end of August and so far nothing I heard about the distribution of the coins. Anyone a creditor who has some insider information on exactly when this distribution should start?
Right now as we break $20K, doesn't seem like a good idea to release all these coins which will obviously cause some dumping in an already illiquid summer market. Also the news of Mtgox coins hitting the markets bids is going to scare off many people.
|
|
|
|
OgNasty
Donator
Legendary
Offline
Activity: 4844
Merit: 4583
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 12:52:44 AM Merited by vapourminer (1) |
|
So its pretty much end of August and so far nothing I heard about the distribution of the coins. Anyone a creditor who has some insider information on exactly when this distribution should start?
A new email just went out a few minutes ago to creditors. It says that there is a start date for assignment of 9/15 so your guess is as good as mine if that's when they'll start making payments or if that's when they'll finalize claims. I still haven't been asked if I wanted early payout or to wait for the maximum amount, so I wouldn't expect payouts to begin yet. There is movement though so it is looking like there will be a distribution of some sorts in the coming months.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
dragonvslinux
Legendary
Offline
Activity: 1680
Merit: 2213
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 02:41:05 PM Merited by vapourminer (2) |
|
So its pretty much end of August and so far nothing I heard about the distribution of the coins. Anyone a creditor who has some insider information on exactly when this distribution should start?
A new email just went out a few minutes ago to creditors. It says that there is a start date for assignment of 9/15 so your guess is as good as mine if that's when they'll start making payments or if that's when they'll finalize claims. I still haven't been asked if I wanted early payout or to wait for the maximum amount, so I wouldn't expect payouts to begin yet. There is movement though so it is looking like there will be a distribution of some sorts in the coming months. As far as I understand, Spetember 15th is the deadline for claims, which will be finalised followed by the repayments. I've still read elsewhere that the dsitribution won't occur for another 6-12 months from claimants in the know, for whatever reason, around the same time as staked ETH is unlocked post-merge. Ideally this can all happen with Bitcoin bouncing back to $40K to $50K levels. Not convinced anyone's seeing any of those Bitcoin's next month quite yet, even if it'd be better to get this distribution out the way sooner rather than later.
|
|
|
|
m2017
Legendary
Offline
Activity: 1918
Merit: 1385
Crypto Casino and Sportsbook
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 06:54:06 PM |
|
So its pretty much end of August and so far nothing I heard about the distribution of the coins. Anyone a creditor who has some insider information on exactly when this distribution should start?
A new email just went out a few minutes ago to creditors. It says that there is a start date for assignment of 9/15 so your guess is as good as mine if that's when they'll start making payments or if that's when they'll finalize claims. I still haven't been asked if I wanted early payout or to wait for the maximum amount, so I wouldn't expect payouts to begin yet. There is movement though so it is looking like there will be a distribution of some sorts in the coming months. Today is the first day of September, which means that this topic is no longer relevant. At least the title. Unless, of course, rename August in the title topic to September. As we can see, "Mt. Gox coins had no effect on Bitcoin’s price in August". Are you sure that you will be asked whether you want an early payout or wait for the maximum amount? What if they decide it for you? From the outside it seems to me that they are deliberately playing for time and, as you said, it is also not worth expecting payments in September. This means that it will not affect Bitcoin’s price so soon.
|
| | | | | | FIRST NO WAGERING BONUS CASINO & SPORTSBOOK SLOTS │ LIVE CASINO │ LIVE GAMES │ SPORTS | | | ► | WELCOME BONUS ─── UP TO ─── [ $500 ] | | ► | MULTI BET BONUS ─── UP TO ─── [ 200% ] | █████████████▄██▄ ████████████▐█████ ███▄██▄█████▐██████▄ ████████▄▄██████████▄ ███▐██▀██▀███████████ ██████████████████████▄ ███▐▄█████▄████████████▄ ▄▀▀███████████▄███████░█▌ ▀███████████████████████ ░███████████████████████ ░░▀▀▀▄██▄███████████████▄ ░░████▀█▀█████████████████▄▄ ██████▀███████████████████████▄ | PLAY NOW |
|
|
|
OgNasty
Donator
Legendary
Offline
Activity: 4844
Merit: 4583
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 08:39:57 PM Merited by vapourminer (1) |
|
So its pretty much end of August and so far nothing I heard about the distribution of the coins. Anyone a creditor who has some insider information on exactly when this distribution should start?
A new email just went out a few minutes ago to creditors. It says that there is a start date for assignment of 9/15 so your guess is as good as mine if that's when they'll start making payments or if that's when they'll finalize claims. I still haven't been asked if I wanted early payout or to wait for the maximum amount, so I wouldn't expect payouts to begin yet. There is movement though so it is looking like there will be a distribution of some sorts in the coming months. Today is the first day of September, which means that this topic is no longer relevant. At least the title. Unless, of course, rename August in the title topic to September. As we can see, "Mt. Gox coins had no effect on Bitcoin’s price in August". Are you sure that you will be asked whether you want an early payout or wait for the maximum amount? What if they decide it for you? From the outside it seems to me that they are deliberately playing for time and, as you said, it is also not worth expecting payments in September. This means that it will not affect Bitcoin’s price so soon. The early payout vs final payout is mentioned several times in the new documents as well as having always been mentioned. I'm as certain as one can be when dealing with gox that I'll be asked what I want. Now that the final date to transfer claims has been set as the 15th, I imagine the next step will be selecting how you want your payout and which payout you want. I would guess (just a guess) that this process takes between 3-6 months, at which point probably another 3 months for the payouts to happen and then a final payout probably 3 months after that. So will the gox coins effect the price in August? I think the rumors did, but that's it. After reading and digesting the information do I think the payouts will happen soon? Probably not, but there's a tiny chance they could happen this year. More likely next spring.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
cryptomaniac_xxx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 09:02:21 PM |
|
^^ For now that we can say that there is an effect, but not that huge as expected by others. Some of them even predicts a $13k or even $10k price, but so far, we are still just above $20k.
Will still have a lingering effect at least at the end of the year? maybe, but at least we have weathered the storm and it is not that worse. Still though, we are in the bear market so anything negative can really affect the price.
|
|
|
|
carlfebz2
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 09:31:22 PM |
|
^^ For now that we can say that there is an effect, but not that huge as expected by others. Some of them even predicts a $13k or even $10k price, but so far, we are still just above $20k.
Will still have a lingering effect at least at the end of the year? maybe, but at least we have weathered the storm and it is not that worse. Still though, we are in the bear market so anything negative can really affect the price.
Is it already pertaining on Mt.Gox coins? How about other market sentiments or totally just having those random normal days where price could really just go down without any reasons. We cant really avoid not to think that this Mt.Gox coins are really giving out that kind of effect considering on how many coins been involved and creditors plans on selling their coins then it cant really be avoided not to make out that impression which those coins would be sold afterwards. Price now is playing in between 20k level neither below or lower but it do still get a good hold.
|
|
|
|
STT
Legendary
Offline
Activity: 4018
Merit: 1438
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 01, 2022, 11:31:26 PM |
|
The release of coins alters liquidity but its not introducing anything new into the total known supply of BTC. If it was still news that the coins were available then sure that alters something but literally just having BTC moving through the order books is a normal every day event. Its the difference from day trading to actual alteration of trend or long term expectations. Its not quite the bearish event to fear that some might think, inversely the same thing has to be said when Musk comes out with news he bought some BTC. Only the usage is the really positive news for BTC, somebody buying or selling doesnt especially alter anything even if they are billionaire or a larger amount like Mt. Gox. Whales can get washed up on the shoreline same as everything else in the sea, the entire ocean is far larger and thats how I view the direction of BTC in longer term prospects, tides matter people can only make small waves in comparison.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
edward500
Jr. Member
Offline
Activity: 38
Merit: 50
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 05, 2022, 05:26:26 PM |
|
I think what many people miss here is that everybody knows these coins will hit the bitcoin market soon.
The price of Bitcoin has already been adjusted for these coins. This is because in a free market, the stock market or the bitcoin market, actually price things in very fast and is forward looking or future looking, especially stuff like mt gox which everybody knows the amount of coins to be released.
This is how the stock market works also, and I see it all the time.
This basically means, 20K a bitcoin, already factored in that Mt Gox will be releasing a lot of coins. This usually means that once those coins get released, and soon after, the price of bitcoin will probably rise when people realize that these mt gox coins has not affected the price much at all and there is less risk to buy bitcoins.
So, to sum it up here, the price of Bitcoins will actually rise after Mt Gox release.
|
|
|
|
cryptomaniac_xxx
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2022, 09:45:19 PM |
|
^^ For now that we can say that there is an effect, but not that huge as expected by others. Some of them even predicts a $13k or even $10k price, but so far, we are still just above $20k.
Will still have a lingering effect at least at the end of the year? maybe, but at least we have weathered the storm and it is not that worse. Still though, we are in the bear market so anything negative can really affect the price.
Is it already pertaining on Mt.Gox coins? How about other market sentiments or totally just having those random normal days where price could really just go down without any reasons. We cant really avoid not to think that this Mt.Gox coins are really giving out that kind of effect considering on how many coins been involved and creditors plans on selling their coins then it cant really be avoided not to make out that impression which those coins would be sold afterwards. Price now is playing in between 20k level neither below or lower but it do still get a good hold. And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief. Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend.
|
|
|
|
Swordsoffreedom
Legendary
Offline
Activity: 2870
Merit: 1115
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2022, 10:27:20 PM |
|
^^ For now that we can say that there is an effect, but not that huge as expected by others. Some of them even predicts a $13k or even $10k price, but so far, we are still just above $20k.
Will still have a lingering effect at least at the end of the year? maybe, but at least we have weathered the storm and it is not that worse. Still though, we are in the bear market so anything negative can really affect the price.
Is it already pertaining on Mt.Gox coins? How about other market sentiments or totally just having those random normal days where price could really just go down without any reasons. We cant really avoid not to think that this Mt.Gox coins are really giving out that kind of effect considering on how many coins been involved and creditors plans on selling their coins then it cant really be avoided not to make out that impression which those coins would be sold afterwards. Price now is playing in between 20k level neither below or lower but it do still get a good hold. And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief. Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend. The news about Mt.gox hasn't really died down yet as they continue to announce that they will start issuing bitcoins after 9/15, which means they will release bitcoins as soon as the eth merge ends. This will continue to adversely affect the trend of bitcoin. Today, the ECB decided to raise interest rates by 0.75%, an increase not seen since 1999 and continuing this September, we will also see the next rate hike by the Fed. Shows that the pressure will continue to weigh on the market, so the possibility that we have a strong plunge in September is inevitable.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
serjent05
Legendary
Offline
Activity: 2954
Merit: 1276
Up to 300% + 200 FS deposit bonuses
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2022, 10:34:48 PM |
|
And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief.
Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend.
The news about the release of MT. Gox bitcoin which will start this month will play a huge factor in the next trend of Bitcoin. I think this news will greatly affect the market because of the possible new volume of BTC to flocks in the sell order of Bitcoin market and might push the price of BTC even lower. Another thing is the pressure of the next rate hike of FED as stated by Swordsoffreedom. It looks like Bitcoin will possibly fall under 17k this month. I hope it won't happen though.
|
|
|
|
STT
Legendary
Offline
Activity: 4018
Merit: 1438
Exchange 250+ Coins With 0% Fees
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 08, 2022, 11:56:16 PM |
|
The news about Mt.gox hasn't really died down yet as they continue to announce that they will start issuing bitcoins after 9/15, which means they will release bitcoins as soon as the eth merge ends. This will continue to adversely affect the trend of bitcoin.
Today, the ECB decided to raise interest rates by 0.75%, an increase not seen since 1999 and continuing this September, we will also see the next rate hike by the Fed. Shows that the pressure will continue to weigh on the market, so the possibility that we have a strong plunge in September is inevitable.
Theres zero things that are inevitable or it would already be the price today, this all still seems like rumor vs news dynamic. When this terrible feared event happens, it will probably have already been played out in terms of momentum enough to push the market lower. We can certainly get selling exhaustion, if it was all just simple straight lines I could profit by being this pure negative seller without fear of market going up. We know its alot harder and more confusing then that for bother sellers and buyers. ECB raised rates for a larger amount then its done before, true enough. Its also true that inflation is far higher then any rate of return given, the currency is losing value. Its going to be years possibly before they catch up with excess currency already produced, politics is unlikely to stay the course to enforce perfect discipline required for currency stability.
|
| | TheChange | | | | |
░░░░░░░░░░██▄ ▄▄▄▄▄▄▄▄▄▄▄███▄ ▀▀▀▀▀▀▀▀▀▀▀███▀ ░░░░░░░░░░██▀ ░░░▄▄ ▄██▀ ███████████████ ▀██▄ ░░░▀▀ | | | | +250 COINS | | ..Crypto Exchange.. | │ | ▄▄▄▄ ▄▄▄███▀▀███▄▄▄ ▄█████▀▀░▄▄▄▄░▀▀█████▄ ██▀░▄▄▄████████▄▄▄░▀██ ██░████████████████░██ ██░████████████████░██ ██░▀██████████████▀░██ ██░▀████████████▀░██ ▀██░▀██████████▀░██▀ ▀██▄░▀██████▀░▄██▀ ▀██▄▄░▀▀░▄▄██▀ ▀▀██▄▄██▀▀ ▀▀▀▀ | | | │ | |
|
|
|
OgNasty
Donator
Legendary
Offline
Activity: 4844
Merit: 4583
Leading Crypto Sports Betting & Casino Platform
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 14, 2022, 11:10:55 PM Merited by vapourminer (1) |
|
And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief.
Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend.
The news about the release of MT. Gox bitcoin which will start this month will play a huge factor in the next trend of Bitcoin. I think this news will greatly affect the market because of the possible new volume of BTC to flocks in the sell order of Bitcoin market and might push the price of BTC even lower. Another thing is the pressure of the next rate hike of FED as stated by Swordsoffreedom. It looks like Bitcoin will possibly fall under 17k this month. I hope it won't happen though. I don't think the mtgox funds are going to start being distributed this month. They just finalized claims. More likely we will be given a page to select which payout we want (early or full) and then that process will likely go on for 3-6 months before they start distributing. Just my opinion, it could be wrong. I don't think anyone is going to get any funds from mtgox this month though, or next. We have to decide what payout we want before the trustee can do anything and given that claims took almost 10 years to finalize, I don't see payout types being finalized instantly.
|
..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
|
|
|
Smack That Ace
Legendary
Online
Activity: 1890
Merit: 1102
Free Free Palestine
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2022, 02:27:13 AM |
|
And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief.
Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend.
The news about the release of MT. Gox bitcoin which will start this month will play a huge factor in the next trend of Bitcoin. I think this news will greatly affect the market because of the possible new volume of BTC to flocks in the sell order of Bitcoin market and might push the price of BTC even lower. Another thing is the pressure of the next rate hike of FED as stated by Swordsoffreedom. It looks like Bitcoin will possibly fall under 17k this month. I hope it won't happen though. I don't think the mtgox funds are going to start being distributed this month. They just finalized claims. More likely we will be given a page to select which payout we want (early or full) and then that process will likely go on for 3-6 months before they start distributing. Just my opinion, it could be wrong. I don't think anyone is going to get any funds from mtgox this month though, or next. We have to decide what payout we want before the trustee can do anything and given that claims took almost 10 years to finalize, I don't see payout types being finalized instantly. Mt.Gox has informed the victims that it has until September 15th (today) to confirm compensation and that the release could also begin on September 16th and there's also no official announcement of a release date so what you suspect is entirely appropriate. Everything is just speculation. They also made it clear in their announcement that the bitcoin release will be distributed in batches that could take several months to complete, they don't want them all released at once. Rumors about Mt.gox have been circulating since late 2021 and there is still no more information than rumors so I am starting to doubt its reality.
|
|
|
|
Kemarit
Legendary
Offline
Activity: 3192
Merit: 1383
Fully Regulated Crypto Casino
|
![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
September 15, 2022, 02:46:54 AM |
|
And then we went to $18k and the possibility of another lower lows, but it seems the market has bounce back above $19k but it was not a relief.
Maybe the news really affected us a bit because we remain below the threshold of the whole numbers - $20k. So the best thing now is to observed whether we can touch $19,700 at least this week so the pressure of selling might be taken off at least this weekend.
The news about the release of MT. Gox bitcoin which will start this month will play a huge factor in the next trend of Bitcoin. I think this news will greatly affect the market because of the possible new volume of BTC to flocks in the sell order of Bitcoin market and might push the price of BTC even lower. Another thing is the pressure of the next rate hike of FED as stated by Swordsoffreedom. It looks like Bitcoin will possibly fall under 17k this month. I hope it won't happen though. I don't think the mtgox funds are going to start being distributed this month. They just finalized claims. More likely we will be given a page to select which payout we want (early or full) and then that process will likely go on for 3-6 months before they start distributing. Just my opinion, it could be wrong. I don't think anyone is going to get any funds from mtgox this month though, or next. We have to decide what payout we want before the trustee can do anything and given that claims took almost 10 years to finalize, I don't see payout types being finalized instantly. And since we are now in the second week of September, it seems that this news have been forgotten already. And if in fact it did have some effect, we definitely didn't feel it as the loom and doom prediction of $10,000 didn't happen. On the contrary, the price reaches another milestones in $22,000 and up. So we will see if there is another news about the Mt. Gox coins being being dumped in the market. It might be a slow process or maybe the trustee knows that it will have a bad effect on the price right now, so much better like it will be in the next 3-6 months.
|
|
|
|
|