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/biz/ - Business & Finance

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File: 39 KB, 565x266, MtGox.png [View same] [iqdb] [saucenao] [google]
11847926 No.11847926 [Reply] [Original]

Let's be real, the Mt. Gox victims who are getting their coins back got a 25000% RoI at today's prices.

>> No.11847933

>>11847926
what about cryptsy?

>> No.11847944

>>11847926
The mt. gox thing happened when bitcoin was at like $1000.

>> No.11847948
File: 56 KB, 355x236, 1542253351762.jpg [View same] [iqdb] [saucenao] [google]
11847948

>>11847926
Except....they are getting paid the dollar equivalent of when it went down....so no

>> No.11847968

>>11847948
this. OP is a retard.

>> No.11848016

>>11847948
This. If you think they are going to get huge amounts of btc you're wrong.
This will have no effect on the market.

>> No.11848042

>>11847948
this

anyone even thinking Gox is a problem today is an absolute retard and clearly a bearfag

the real problem are the scheming billionaires fucking over the entirety of crypto

>> No.11848052
File: 70 KB, 560x264, gox animation 2.gif [View same] [iqdb] [saucenao] [google]
11848052

>>11847926
>>11847926
>>11847926

>> No.11848059

>>11848016
>200,000btc being cashed out all at once
>not going to have an effect
lol

>> No.11848075

>>11847948
what the fuck? so if someone lost 1 btc they dont get 1 btc back? lmao

>> No.11848082

they may get $ value of BTC from that time and like 10-20% of their BTC stack maximum

>> No.11848098

>>11847926
Next creditors meeting is in March next year. The chance of anything happening anytime soon regarding people getting a fraction of their bitcoin back is nil.

>> No.11848102

>>11848075
No, they get the equivalent in dollars.
So if they had 100 BTC at $400 at BTC they get $40K not at the actual marekt price $450k.

>> No.11848118

>>11848075
>>11847948
this is not true at all. read the court documents. they're getting BTC back.

>> No.11848327

>>11848118
Fiat is guaranteed but the BTC will be a small %.

>> No.11848380

60k btc were sold (at 10k or something) to cover the usd value. And now only 100k btc are left with btc at 4k.
So they are getting what they had in usd plus around the same amount in btc. So that's only a 2x in fiat since the hack.

>> No.11848763

>>11848102

Dollar payout is only the first stage. After that 130k Bitcoins will be distributed to the clients. That will basically cause a 100k+ btc market sell in a day. Have fun.

And the pathetic gox vicitims basically lost nothing. They wouldn't have held their coins but sold at $200 in the following bear market like most people. So they actually made money by being forced to hodl.

>> No.11849061
File: 41 KB, 250x199, 50AtQN6.gif [View same] [iqdb] [saucenao] [google]
11849061

>>11848763
>Spend YEARS waiting to get their coins back.
>watch Bitcoin slide from $20,000 down to $4,500 over a whole year.
None of them are going to hold and wait to see if Bitcoin goes back up.
They'll all cash out so they can put this crypto horseshit behind them.

>> No.11849192

>>11848075
No, they get the dollar amount their property was worth at the time. If someone steals your car does insurance write you a check for the dollar amount or do they give you another car?

>> No.11849204

>>11849192
If someone steals your car and the car is recovered, you get your actual car back

>> No.11849212
File: 11 KB, 343x307, smug0495834.jpg [View same] [iqdb] [saucenao] [google]
11849212

>>11847926
>all these shills pretending that they aren't getting their coins back

>> No.11849502

This board is getting dumber and dumber each passing day. How.the fuck you morons even think you can get enywhere in life, esp crypto , if you aren't reading the most basic stuff? It switched from bankryptcy to civil rehabilitation claim, meaning everybody will be reinbursed in coins, not fiat. Read something, dont talk out of your ass.
www.thenextweb.com/hardfork/2018/08/03/cryptocurrency-mt-gox-bitcoin/#

>> No.11849524

This is bullish for alts.

>> No.11849526

>>11848102
lmao fucking wasted