If bitcoin cannot digest 400m sale during months I would be more worried!
IMO there's no way the MT. Gox trustees are going to liquidate coin on the open market again. At this point I don't see how they can get away with it again without getting sued. There's already rumblings of a class action law suit against them now.
Next Court proceeding Mt Gox bankruptcy is Sep 18, 2018. Before then, Kobayashi will not have authorization to dump the remaining 160k #Bitcoin open market he sold enough #bitcoin $btc to cover creditors' losses - 160k btc could get distributed to creditors themselves.
OH and also here is a list of all the coins and addresses in case anyone wants to be notified when and if they move for a dump!
Hahahahahaha - have you ever heard creditors get cars, houses, ...? It will all be liquidated and the cash will go to the creditors. But don’t worry - the dump was not the reason for the bear market. If bitcoin cannot digest 400m sale during months I would be more worried!
I see BUY RUSH in a while coming. but most of people miss the bottom low buy! my double top pattern shows it will be around 7200$
check my last post and leave your advice :)
For future viewers: price of bitcoin at the moment of posting is 8804.80USD
For future viewers: price of bitcoin at the moment of posting is 8804.36USD