Why is no one worried about this

[BAGOBO]

I guess there is absolutely nobody that ignored the current situation anyway, hence the price fall. I mean think about it, as soon as this news hit, we have seen the situation and that is the greatest thing ever. I know that not everyone thinks this way, but we have definitely seen the crash right afterwards so I do not think that its unrelated, it would be impossible for it to be unrelated. Whenever bitcoin starts to go up just a bit, there are news from all around the news and all from different reason that ends up crashing it. Which is why I have %100 trust that there are a lot of people who loves to see it fall.

You are right, many parties to the bitcoin price crash and want to lower it to the lowest point, because they want to buy it at that price and they are also hidden investors, their job is only to panic investors to emphasize the lowest bitcoin price, so don't respond to bad news and more not see news if when bitcion price crashes.

[TimeTeller]

I've seen on the telegram channel about MTGox, and the analysis he did could be right,
that every dump that occurs in bitcoin is due to bad news such as inflation, Covid, and maybe even MTGox,
I don't know, for sure there I saw him analyzing the dump to the the price of $10k, it's terrible,
but we also have to be prepared if it happens.

If their prediction of $10k will happen, for sure a lot of investors are waiting for such dump.
But I don't think we will go down to that price level again. That's possible but for me, the likelihood to happen is low.
In any case, one should be prepared if such situation happens. You can take advantage of this opportunity.
But for now, observe the market movement, and assess where will this market possibly go after few months or couple of years from now.

[ethereumhunter]

I don't know if it's related, but maybe there is another reason that caused the bitcoin price to undergo a massive correction. If bitcoin giving is true, people shouldn't be in a rush to sell their bitcoins and just wait for the price to rise again before they sell it. That way, they will get a big profit because they get bitcoin and can sell it at the highest price.

If people want to buy bitcoin, they can now do so because the price of bitcoin is still holding it's low and while there is still a chance the price will drop lower, that is another opportunity to buy bitcoin.

It is true that no matter how bad the news is it will not be able to cause bitcoin to drop forever, bitcoin will fall, and it will rise again. There is nothing to panic about with this situation.
The price of bitcoin dropped from $69k to $17k and we have nothing to fear, so there's no reason why we should panic when bitcoin dropped from $25k to $21k. The lower the price, the more opportunities to accumulate, if you want to make a profit, you should buy it now.

We should not panic because if the price of bitcoin drops again and even deeper than before, we are still allowed to buy bitcoin, which is the profit we should use. Once bitcoin drops lower than before and hits bottom, the price will go back up but sometimes it won't happen in a short time. And this is where our patience is tested because we must be able to hold bitcoin and not release it at a low price. But unfortunately, not everyone who can have more patience can keep their bitcoins.

[danherbias07]

Those who own it will receive it, we don't have a clue what they will do with it but I bet a large percentage will not be sold after they witness how far BTC go when it reached its ATH.
If I am one of those receivers I would definitely keep it. Sure we will feel the decline in Bitcoin price but I doubt it will go as far as 4 digits again.
The resistance to $20k is strong and the only thing I am worried about is if whales will take this new opportunity to sell out before the distribution of the said funds. It will cause a big damage although I doubt it will be long.

[LogitechMouse]

It will depend on what will the receivers do after receiving their Bitcoins.
Will all of them sell it? If yes then it will cause a bit of a downward movement which is a perfect opportunity for the accumulators of Bitcoin since they will buy at a lower price.
Will most of them hold it? If yes then there isn't anything to worry about I think.

Overall, you will only worry if you bought Bitcoin at a high price, but if you are a Bitcoin buyer, you see these events as opportunities to buy at a lower price . I don't know how much Bitcoin will fall if all of them or most of them will sell it, but that will be an opportunity. Nothing to worry about.

[Silberman]

There are many waiting for buying opportunities and many will end up losing the chance they seek because its never coming, I am waiting for 10k per BTC so if those BTC got sold into the market I am 100% sure that it will be sucked up in just hours, it won't be noticeable.

And that is assuming all of those coins were sold at the same time, something that is not very likely at all as there are many people that would prefer to keep their coins, after all even if they had to wait a lot of time to recover their coins the value of bitcoin is much higher since the time that MtGox collapsed, so I doubt everyone will be interested in selling immediately, so I do not see why people should be worried about something so small when the demand is more than enough to absorb all of those coins.

[Bobrox]

I don't think it will be as big a factor as Bitcoin crashing. Yes it may have some impact but it will be temporary I think. Last week Bitcoin saw a bit of a pump, but now it has dumped again.  I think the main reason behind this is China wanting to push Bitcoin away again. And there are a lot of rumors about Bitcoin so I don't think we need to worry too much about it.

People minds and panic selling make bitcoin price crashing not depending with refund from Mt Gox exchange market, exactly they will not refund with all fund but will refund by instalment. But many investor faced panic moment when seeing announcement about bitcoin refund from Mt  Gox exchange market. Probably still have another reason why bitcoin crashing without refund problem, right now China still make bad news with bitcoin and difficult to see bitcoin reach to higher price drastically, last day bitcoin have little raise up price but right now back to lower price. Still not have significiant of bitcoin pump drastically.

[tvplus006]

Those who own it will receive it, we don't have a clue what they will do with it but I bet a large percentage will not be sold after they witness how far BTC go when it reached its ATH. ..

Different investors now have unequal financial opportunities and for many of them to get 3000% of what was invested seems to be a huge profit. So it is obvious that a certain part of BTC will be sold, while the other part will still be held, possibly until the next ATH.

[Jancuki]

I will follow up more on my actions when it really crashes because of the cause of this news (if true), then I will start buying BTC gradually. Of course this is a good opportunity to add or start a bitcoin stock. As we know that BTC is used to fluctuating prices, it's just up to us how to take advantage of the situation.

[BitKongy]

Panic sell will drag the value down, it would have been perfect if no one knew about this and MGTOX release the supply of BTC to the public, there are whales waiting to buy every dip so its nothing to raise a voice about.