❕NEWS - Mt. Will Gox Victims get their BTC? | BeerMoneyForum.com

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aryan4

Sapphire Member

Jan 15, 2021

Having witnessed one of the biggest hacking cases and closed in 2014, Mt. Gox is expected to distribute 137,891 BTC worth $ 4.9 billion to victims.

Bloomberg reporter Matt Leising: CoinLab and Mt. Gox reached an agreement, and after a long rehabilitation period, Mt. Gox victims will be able to recover 90% of their damage.

How do you think these statements could affect the Bitcoin price?

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aryan4

Sapphire Member

Jan 16, 2021

Who knows what would happen if such large amounts of bitcoin suddenly entered the market. Presumably it puts a serious pressure on the price.

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Josemendez

Ruby Member

Jan 16, 2021

aryan4 said:
Having witnessed one of the biggest hacking cases and closed in 2014, Mt. Gox is expected to distribute 137,891 BTC worth $ 4.9 billion to victims.

Bloomberg reporter Matt Leising: CoinLab and Mt. Gox reached an agreement, and after a long rehabilitation period, Mt. Gox victims will be able to recover 90% of their damage.

How do you think these statements could affect the Bitcoin price?

I think if the victims do not sell off their Bitcoin after receiving it , then it will surely help the price of bitcoin to rise to a greater price value.

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aryan4

Sapphire Member

Jan 16, 2021

Josemendez said:
I think if the victims do not sell off their Bitcoin after receiving it , then it will surely help the price of bitcoin to rise to a greater price value.

When I put myself in those people's shoes, I guess I would immediately consider selling when the payments were made. Probably.

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aryan4

Sapphire Member

Jan 17, 2021

There are new explanations on this subject. Even if the payment agreement is fully approved, there is no clear explanation for the time being as a payment plan.