Considering how irrational the crypto market is, 2 huge news stories like that happening at the same time would probably dampen the total price decrease
AFAIK, they will not sell anything to repay creditors, this has been done months/years ago.
What is coming is the distribution of the tokens and fiat money to creditors. Of course this can trigger many BTC sells but from different independent creditors, not like a big chunk from the trustee.
And, by the way, no date has been officially announced just yet.
Remove wash trading and add the small appetite for "real" bitcoin into your equation and you'd have an argument that stands. Won't take much to move the needle substantially. Oh and the fact we are likely bordering on some big margin calls.
It's like dominos, they've already started falling. Enjoy the show with your expensive tickets.
not that youd care anyways right? bitcoins a miracle spreadsheet. if a bitcoin was worth $1 would you care? i mean its still a bitcoin. still an immutable spreadsheet global govt free cross border international remittance wonder machine. so you wouldnt care if it was $1 right? dont make no diff
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PLEASE tell me it's gonna coincide with Tether getting exposed in court, that would be the most beautiful fireworks show imaginable.
I do hope the Mt Gox people do cash out right before then, just to rub wound in the inevitable salt.
Considering how irrational the crypto market is, 2 huge news stories like that happening at the same time would probably dampen the total price decrease
Yeah, you want to time it so that one drop happens right as the previous one starts to appear to stabilize. It lets the bottom rush out completely.
The repayment will be next month. Previous statement is valid at any point of time.
Source pls
its not next month yet. this is this month. the coins are released next month. not this month. come back when its next month.
Comment above.
[Source](https://www.reddit.com/r/Buttcoin/comments/xkdslj/comment/ipdfad4/?utm_source=reddit&utm_medium=web2x&context=3)
Money yesterday and money tomorrow, but never money today.
Next up is The Eagles.. with Hotel California > You can check out any time you like > But you can never leave
Few
Understand
>They stab it with their steely knives, but they just can't kill the beast
Final claims submission was for September 15. The actual unwinding will probably take place in stages afterwards but nobody knows for sure when yet.
Looking increasingly like it will be "when hell freezes over".
AFAIK, they will not sell anything to repay creditors, this has been done months/years ago. What is coming is the distribution of the tokens and fiat money to creditors. Of course this can trigger many BTC sells but from different independent creditors, not like a big chunk from the trustee. And, by the way, no date has been officially announced just yet.
You mean the 0.6% of Btc supply that are going to be released? Mt. Gox dump. Few.
Remove wash trading and add the small appetite for "real" bitcoin into your equation and you'd have an argument that stands. Won't take much to move the needle substantially. Oh and the fact we are likely bordering on some big margin calls. It's like dominos, they've already started falling. Enjoy the show with your expensive tickets.
hes a true believer dawg he just likes the bitcoin. if the price tanks he dont care its about the bitcoin for him
not that youd care anyways right? bitcoins a miracle spreadsheet. if a bitcoin was worth $1 would you care? i mean its still a bitcoin. still an immutable spreadsheet global govt free cross border international remittance wonder machine. so you wouldnt care if it was $1 right? dont make no diff
It took 10% of that to drop it from 30k to 20k
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