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10 sats \ 0 replies \ @cryptocoin 10 Jul 2022 \ parent \ on: Will release of $3B Bitcoin from Mt Gox cause market bottom in August? bitcoin
33/ So, although there will be some impact from creditors selling, it is unlikely that it causes the doomsday-esque crash many people are calling for.
The full thread is a good read:
137k (~$3b) worth of #Bitcoin could be dumped onto the market, 8 years after the Mt. Gox hack.
Some are labelling this as the biggest "black swan" in $BTC history.
🧵: What you need to know about Mt. Gox: A fascinating story of hacks, lies and deceit. 👇
https://twitter.com/milesdeutscher/status/1545764969118978048 https://nitter.it/milesdeutscher/status/1545764969118978048 <-- Shows the thread in a single, easy-to-read, web page
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