🤔 Mt.Gox last Fud before takeoff?
👉 From yesterday until this morning, Mt.Gox shook the market by moving about 42K BTC ($2.8B) out of their cold wallet to a new wallet.
Mt Gox must pay victims 142K BTC and 143K BCH by October 31, 2024 after 10 years of hack.
👉 The market immediately reacted and raised fears of a collapse, the price of BTC decreased slightly.
A few of my thoughts:
- Mt.Gox paying is something that has to happen sooner or later and instead of worrying, you should plan for it.
- This amount of BTC is paid to the victims, not to large organizations or bookmakers, so the actions of individuals when receiving it are completely different.
- During this process, a portion of BTC was bought back through the OTC channel or sold at an early discount to buying organizations.
- Therefore, this amount of BTC will not be released simultaneously at one time to negatively affect the market.
- The fear of Mt.Gox is clearly always present like a big pot on people's heads and this Fud will definitely be used again because of its effectiveness.
👉 If you are interested in coins and the market, contact us at 03, 4552, 6, seven six six let's exchange.