Mt Gox trustee Nobuaki Kobayashi has published a document announcing the estate associated with Mt Gox has sold thousands of Bitcoin and Bitcoin Cash since the cryptocurrency market reached alltime highs in December. His reasoning was to assist in paying off creditors among other court costs.
DTube:
Please also subscribe to our YouTube Channel: https://www.youtube.com/channel/UCGyqEtcGQQtXyUwvcy7Gmyg?sub_confirmation=1 Please subscribe to NEW Podcast! https://itunes.apple.com/us/podcast/altcoin-buzz-podcast/id1340381994?mt= Instagram: https://www.instagram.com/altcoinbuzz/ Twitter: https://twitter.com/altcoinbuzzio Facebook: https://www.facebook.com/altcoinbuzzio Discord: https://discordapp.com/invite/paDRcMF Telegram: https://t.me/joinchat/DLi8Ug8negQrbwYO-oqNRA Facebook Group: https://www.facebook.com/groups/altcoinbuzz/ Steemit: https://steemit.com/@altcoinbuzz Visit our website: http://www.altcoinbuzz.io
Once the bitcoin funds are dispersed across long term investors it will stabilise the market.
I have 2 questions.
If bitcoin is being liquidated by lawyers for the purposes of paying back people that got stiffed, wouldn't it be likely that when that money is returned to those people, that it will find its way back into the market.
Why aren't the lawyers simply returning the bitcoin itself to people? why transact it to fiat at all?
One good thing about this is that at least we now know a reason behind the bloodbath!
Hi AltcoinBuzz! Thanks for another great video. You make alot of videos on new promissing altcoins, but how you find them? How to check a project fast? I guess many people will like avideo from you explaining how you do it. I have my own process and look how to improve it: https://steemit.com/cryptocurrency/@cryptohumster/treasure-hunting-or-how-to-fast-check-coinmarketcap-newcomers
Most videos are just reading news created by others. Its all third or fourth hand repeat.