Why is no one worried about this

[Minecache]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

If those who received the BTC wanted to cash it in by selling it immediately, it could crash BTC and plummet to the lowest price we could ever imagine. But if they keep their BTC on hold and sell it when the price increases again, it won't crash BTC. But even though the price of BTC crashes, it is an advantage for those of us who have fiat because we can buy BTC at the lowest price, which is the best moment to buy BTC. Now it's your decision if you are one of those who will accept the BTC but if you don't accept it, then just prepare your money to buy BTC.

Perhaps because of this news, the market corrected after rallying to almost $25k.
In the event that this is indeed official news, I see Mt.gox's bitcoin release as an opportunity instead of yet another fear that will be felt as people continue to fear it. We don't have much chance of being able to buy bitcoin cheaply, so instead of being afraid when they come, we should take advantage of the opportunity to buy bitcoins at a cheap price.

[jrrsparkles]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

2 billion is not really going to affect the 500 billion worth market so it will create a small movement in the market and later everything will be back to normal so why we need to worry about 1% when the average volatility range of the market can be 10%.

[eaLiTy]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

The repayment by Mt Gox is not a fake news as they already announced about this earlier and the distribution will take place this month or next month. Not sure how many will be selling off their coins when the coins are distributed as the waiting period to get the coins took a long time and i wont be surprised if majority will keep on holding the coins until the next rally. But the speculation of the huge number of coins being released will be more than enough to have a correction in the market  .

[Rana590]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

We have to adopt any situation and it will not affect so much in the market. It is not for permanent and we are going to see a big pump in the early November. If we talk about the buying time, it is a golden opportunity for us to enter the market right now to buy more.

[sayaya17]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

If those who received the BTC wanted to cash it in by selling it immediately, it could crash BTC and plummet to the lowest price we could ever imagine. But if they keep their BTC on hold and sell it when the price increases again, it won't crash BTC. But even though the price of BTC crashes, it is an advantage for those of us who have fiat because we can buy BTC at the lowest price, which is the best moment to buy BTC. Now it's your decision if you are one of those who will accept the BTC but if you don't accept it, then just prepare your money to buy BTC.

Perhaps because of this news, the market corrected after rallying to almost $25k.
In the event that this is indeed official news, I see Mt.gox's bitcoin release as an opportunity instead of yet another fear that will be felt as people continue to fear it. We don't have much chance of being able to buy bitcoin cheaply, so instead of being afraid when they come, we should take advantage of the opportunity to buy bitcoins at a cheap price.

Any bad news circulating in the crypto world will affect Bitcoin price movements, that's why we're seeing Bitcoin down about 14% in a week
right now. Whereas previously Bitcoin had looked positive it would rise above the $25k price, but now the Bitcoin price has dropped to
the $21k price. The decline in the price of Bitcoin also greatly affected the price of altcoins, where now the majority of altcoins have decreased.
But since I've been in the crypto world for a long time, what's happening now is nothing new and doesn't worry me at all. Because I believe
Bitcoin will always recover no matter how deep its price goes down, that's why as you said we really shouldn't worry about the Bitcoin price
dropping, and should take the opportunity to buy Bitcoin in the current situation. I also believe that today's investors are getting smarter,
therefore the correction that occurs may not last long. Because I believe there will be many investors who buy Bitcoin when the price drops
like it is today.

[Vvang]

This amount of BTC is not enough to affect BTC because there are billions of buying orders waiting to take it all, even if the whole BTC was dumped at once it won't have a bad impact, its all good 👍 .

[Anonylz]

Why would you worry over something you have no control of? What exactly is being worried can do to stop or prevent the recipients of these btc not to sell if they choose to? Nothing. So if this ever happens,  the market may experience a dip and recover as always. Mt Gox or not, btc will always surpass previous ath at the right time.

[blockman]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

I guess we've seen the crash already and aside from this, there's an additional impact from what the SEC is about to do with Tether and Bitfinex. So, again, we're in a speculative mode as usual with such news that brings motion to the market. Well, you don't have to be worried on this one, just get some of those cheap bitcoins then when they dump. Because the usual is it will recover no matter what happens, the crash that will come to the market will recover gradually until we see some huge sudden movements again.

[serjent05]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

Nothing, except to buy when Bitcoin price crash due to possible sudden pressure to demand that may pull the price of bitcoin.  Aside from that, I wouldn't have a say if Mt; Gox started dispensing the 2B worth of BTC, I think it won't crash the price of Bitcoin, it will just affect the bitcoin market for just a short period of time.

[fuguebtc]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

I also heard this last month, they announced that they will release bitcoin later this month but no specific date, only 10 days to the end of August, I don't think they will release this month, maybe they will last until September.

The total bitcoin capitalization reached 400 billion and the number that Mt.Gox gave is about 2 billion, it can be seen that it is only a very small number compared to the total bitcoin capitalization today. Short-term price impact is inevitable, perhaps yesterday's correction could also be attributed to this news. After all, there is nothing to worry about, bitcoin price is down but bitcoin will recover soon as always.

[samcrypto]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

Are they planning to take profit or cut their losses?
Probably they are doing this with a plan and they know that there’s a significant effect for this so probably they will not sell it in just a short time. They are one of the top supporter of Bitcoin though we can’t really stop them from doing anything with their holdings so let’s just wait and see. Whales can really manipulate the market, this is the bad side of having more whales, though of course we can also take advantage of this let’s just know how to ride with the whales.

[coin-investor]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

You should have linked to any article about your thread so people can get the fact of it here is a link to one article about Mt Gox plans to release very soon to the public

Will the release of $3B Bitcoin from Mt Gox cause market bottom in August?

the author has a question mark on the headline of his article and we are nearing the end of August so it could not be in August possibly in other months

The markets may well absorb any selling from Mt. Gox creditors, but the social sentiment of early Bitcoiners relinquishing their coins could create a bearish psychological sentiment.

If the majority of the community absorbs the huge sell-off it will not have an impact, there's a possibility of the price going down but we have to see that when it happens, for now, it's in the speculation stage.

[Viscore]

Will they hold them or not sell them at once? This is the important point. No problem if it doesn't sell. But if they are all sold at once, then it can create an atmosphere of panic. But this panic does not last long. They will recover in a short time. So there is nothing to worry about in my opinion.

Everything in crypto is possible. Either they will sell them all at once or they will prefer hodling, there are always inevitable events in the market that create a huge negative impact and leave the market dumping. However, we should not panic in all these events as these things are not new here. Bitcoin has always a strong foundation, so whatever attacks that it may encounter, it will surely find its own way to survive and continue to stand firm. That is why there is no room for worrying, as it may lead to depression when things seem to be uncontrolled anymore.

[BAGOBO]

Everything in crypto is possible. Either they will sell them all at once or they will prefer hodling, there are always inevitable events in the market that create a huge negative impact and leave the market dumping. However, we should not panic in all these events as these things are not new here. Bitcoin has always a strong foundation, so whatever attacks that it may encounter, it will surely find its own way to survive and continue to stand firm. That is why there is no room for worrying, as it may lead to depression when things seem to be uncontrolled anymore.

We don't have to worry about bear market events because any upside impact will decrease eventually because the market is forming a defensive position for a certain price before the recovery process higher and of course the next bull market, so no need to worry if you hold bitcoin or top altcoins in your portfolio.

[Ziskinberg]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

Mt Gox, FUds, etc... People are still sure that whatever it happens Bitcoin remains valuable. If there is a crash, people are happy to accumulate more Bitcoin. That is not worth worrying OP, In fact, we are still aware of the up and down situation and making these FUDs a contributing factor affecting the market trend.

Well, If that is true then let it be, we actually wanted to see what really happens during that time. I was excited about it, though. And so this Mt GOx issue will finally be forgotten.

[Silberman]

Will they hold them or not sell them at once? This is the important point. No problem if it doesn't sell. But if they are all sold at once, then it can create an atmosphere of panic. But this panic does not last long. They will recover in a short time. So there is nothing to worry about in my opinion.

Everything in crypto is possible. Either they will sell them all at once or they will prefer hodling, there are always inevitable events in the market that create a huge negative impact and leave the market dumping. However, we should not panic in all these events as these things are not new here. Bitcoin has always a strong foundation, so whatever attacks that it may encounter, it will surely find its own way to survive and continue to stand firm. That is why there is no room for worrying, as it may lead to depression when things seem to be uncontrolled anymore.

People should not worry about something so small, if you do not know how much money moves daily in bitcoin that amount of money may seem to be very high, but when you see the volume of bitcoin and how many coins move each day you realize that the amount of coins that could be sold is nowhere near enough to make the market crash, at best we could see a small reduction in the price but that will be it, and in the case that we actually saw a crash it will have way more to do with people panicking due to the misinformation that they read rather than the amount of coins being sold.

[ethereumhunter]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

If those who received the BTC wanted to cash it in by selling it immediately, it could crash BTC and plummet to the lowest price we could ever imagine. But if they keep their BTC on hold and sell it when the price increases again, it won't crash BTC. But even though the price of BTC crashes, it is an advantage for those of us who have fiat because we can buy BTC at the lowest price, which is the best moment to buy BTC. Now it's your decision if you are one of those who will accept the BTC but if you don't accept it, then just prepare your money to buy BTC.

Perhaps because of this news, the market corrected after rallying to almost $25k.
In the event that this is indeed official news, I see Mt.gox's bitcoin release as an opportunity instead of yet another fear that will be felt as people continue to fear it. We don't have much chance of being able to buy bitcoin cheaply, so instead of being afraid when they come, we should take advantage of the opportunity to buy bitcoins at a cheap price.

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.

[makishart]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

2 billion is not really going to affect the 500 billion worth market so it will create a small movement in the market and later everything will be back to normal so why we need to worry about 1% when the average volatility range of the market can be 10%.

I don't think so. don't you see how tesla was selling no more than 1 billion? it's enough to drive market to be panic sell. you can't compare it with marketcap but the correct thing is if you are using daily trade volume of bitcoin compared with how many bitcoins that will be dumped to the market. I think that you are wrong in this case. Marketcap means nothing but the daily voluem trade is.

[bittraffic]

What are we going to do about the 2 billion worth of BTC that Mt Gox plans to release very soon to the public, won't this make BTC crash heavily or the rumour is fake?.

2 billion is not really going to affect the 500 billion worth market so it will create a small movement in the market and later everything will be back to normal so why we need to worry about 1% when the average volatility range of the market can be 10%.

I don't think so. don't you see how tesla was selling no more than 1 billion? it's enough to drive market to be panic sell. you can't compare it with marketcap but the correct thing is if you are using daily trade volume of bitcoin compared with how many bitcoins that will be dumped to the market. I think that you are wrong in this case. Marketcap means nothing but the daily voluem trade is.

It was said that they are going to give options to users who would claim thier BTC to withdraw stablecoin or BTC. If they anticipate BTC to take a dive, they may try to withdraw stablecoins instead.

But I'm only seeing this distribution to be a rumor. What could be the reason for them to distribute the coins NOW? They could just keep it forever actually.

[gunhell16]

Will they hold them or not sell them at once? This is the important point. No problem if it doesn't sell. But if they are all sold at once, then it can create an atmosphere of panic. But this panic does not last long. They will recover in a short time. So there is nothing to worry about in my opinion.

The question is will everything be sold? most people know that it won't sell out at all. Then most people also know that only speculation and opinion can be discussed here in the forum. Because every opinion we say here is purely subjective not objective. That's the real fact here, yes someone will sell but I doubt that all of them will be sold. Apart from that, I'm not worried or panicking because for me the market price crash is normal in the crypto industry that we belong to.