/biz/ - Business & Finance

>>53954696
why are you so tryhard?

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>>53954696
Gonna be so bullish after this dump. Imagine never having to hear about gox coins fud ever again.

>>53954696
Eh. No.

why wasn't Jed McCaleb ever mentioned in the Mt Gox or Ripple lawsuits? seems weird. is it true his family is connected to the Clintons?

today alone there's been 205k BTC traded on BTC/USDT on Binance, this won't do anything

>>53958635
This is but trading, trading back and forth, a solid 3 billi dump worth of Btc will absolutely thank Btc price at least 50%

>>53954696
They've waited this long to receive it and have been forced to hold while seeing the benefits of doing so. They would be very unlikely to sell at the fucking bottom after seeing it going to 60K.

RETARD OP

>>53957850
Gox is what keeps the coin valuable.

>>53958690
9 Years ago the price of BTC was about 500 USD.

Why the FUCK wouldn't you sell it for 20k, after waiting that long? Then everyone else will start to sell and rush for the exits to get a good price. Then Saylor will be liquidated. Then we will recover.

Also, I doubt the order books of exchanges are 140k Bitcorns deep.

>>53958671
and why would 3 billion dollars of BTC get market dumped because of this? i could see some profit taking but doubt it would be anywhere close to even a quarter of the amount of BTC being returned

>>53958729
>Buy 5 bitcorns for 2.5k 9 years ago to see what happens
>Exchange gets hacked
>OhWell.jpg
>9 Years later, you actually get some/all of the coins back
>Now worth 100k+
>100k that you weren't expecting
>Yeah, I think I'll just hold onto them

Lol, lmao even.

>>53958635
>>53958671
to diffuse price impact, the sellers of gox bitcoin are already being absorbed at the current market price, hence the sudden depreciation a few days and the chop since then

>>53958728
>Why wouldn't you sell it for 20K??

BECAUSE THEY SAW IT GO TO 60 K AND WERE FORCED TO HOLD. IT WILL GO FURTHER THAN THIS YOU ULTIMATE RETARD

>>53954696
Is mt.gox THE biggest nothing burger of all time? Btc has an average daily volume of like half a bil to a bil in a day. Sure, 3B is a lot, but it's not even the equivalent of btc's weekly volume. Mot only that, but it's not even all in one go making it even more of a nothing burger

>>53958794
I think they will be happy with a x40 gain and buy a house.

>>53958794
they were a bitcoin exchange. they need to adhere to creditors payouts. they need to liquidate enough BTC for that. They obviously will liquidate some more as well to guarantee, it'd be stupid to hold absolutely everything and believe it'll go back to 60k. They probably won't sell everything but will sell some. And "some" of
$3b worth of BTC is a lot kek

>>53958847
recipients can choose if they want btc or something else, the two biggest (comprising 20% of the payout) chose btc. a lot are going to stick with btc. and those who want to sell are likely having their coins exchanged for whatever as we speak

>>53958847
>$3b worth of BTC is a lot kek
It's not. Btc trades over that in a slow week. I could imagine a sizable dump if it were all in one go, but they will be releasing it in parts making it even more of a nothing burger. Jews will still move the markets in a jewish way though. News itself means nothing. Cpi the other month was bearish and we pumped. The real worry is seeing how jews decide to move things.

>>53958794
Sell to 10k, buy back in cheaper. It’s not hard math.

>>53954696
I've seen this before. Here's how it always plays out. Everyone gets scared and dumps. Then the coins get released but nobody sells. They've been in crypto a decade. They're not pussies. Everyone realizes there is not going to be a dump and now has to panic buy their btc back at higher prices. Screenshot this.

>>53958807
>>53958891
You are incredibly retarded
You are the kind of retard who is poor.

If only everyone listened... Altcoinist begs to differ, Chinese money incoming

>>53959049
Retarded like the people who stored their money on a centralized exchange

>>53959033
BASED. This anon understands what's happening unlike the other retards.

>>53959081
So why would they send it to another exchange. You really are a fucking retard.

How many of those OGs on Mt gox know that bsv is bitcoin

>>53959107
Another retard appears.

>>53958867
ah that changes things then thx fren
although I just saw that NFP is going to be march 10th as well so, it'll be interesting either way

>>53959121
Cope pedo jew

>>53959095
>conflating sending to sell with long term storage
>calling anybody else a retard

>>53959144
If you bought BTC on the very first date and you opened that wallet today, you would have the BTC you bought.
If you opened the BSV chain, you would have BSV, which is not what you bought.

Kill yourself. Here's some rope.

>>53959033
They didn’t have the choice to sell earlier lol. Being in for a decade doesn’t mean anything when you can’t get out

>>53959033
You are a man of value. Do you know anything about the Shanghai upgrade? 2 more weeks?

>>53959162
it does. they still track and price and feel the emotions of holding

bitcoin hits 20k
>holy fuck i wish i had my bitcoin back, im rich
bitcoin hits 3k
>oh god it was a bubble its going to 0 im not getting anything back
bitcoin hits 60k
>wow good thing gox forced me to hold, i definitely would have sold too early, hope i get it back soon
bitcoin hits 15k because of overleveraged centralized platforms
>yea it's gonna go back up, why would anyone sell at these prices

people that never held bitcoin dont follow the price and feel no emotions even if they heard about the price swings.