WHAT IS MT GOX ❓| MT GOX BITCOIN RELEASE DATE❗

2 years ago
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WHAT IS MT GOX ❓| MT GOX BITCOIN RELEASE DATE❗ @LIKED CRYPTO
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In this video we talk about MT GOX and the rumors on twitter about MT.GOX Bitcoin release date, and how it will effect the price of Bitcoin and all cryptocurrencies.
In a Coin Telegraph article stating, Mt. Gox rumors panic Bitcoin Twitter as BTC price returns below $20K.
Claims that 137,000 BTC are about to be offloaded on the open market are met with intense suspicion as BTC price volatility returns.

Claims varied widely at the time of writing, with some believing that a tranche of 137,000 BTC was set for release in one go. Others said that funds would be sent piecemeal, but that payouts would nonetheless begin this weekend.

A point of consensus came in the form of creditors allegedly wanting to sell BTC owed to them, this having been out of reach since 2014, when BTC/USD traded at under $500. The unrealized 40X returns, they feared, would prove too enticing for creditors to become willing hodlers.

Mt. Gox imploded with hundreds of thousands of bitcoins almost ten years ago. Following a lengthy legal procedure dealing with funds subsequently recovered from the exchange, the appointed rehabilitation trustee, Nobuaki Kobayashi, announced on July 6 that he was "preparing to make repayments" to creditors.

In documentation at the time, Kobayashi gave "the end of August" as a reference period during which some initial payments might begin.

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