/biz/ - 10 years of MtGox FUD all ending Yesterday saw a b - Business & Finance

Anonymous (ID: 3a0XRheb) Archived

07/24/24(Wed)05:24:12 No.58778251

File: gox.png (8 KB, 293x155)

Anonymous (ID: 3a0XRheb) 07/24/24(Wed)05:24:12 No.58778251 Archived

10 years of MtGox FUD all ending
Yesterday saw a big portion of their coins being distributed to people and the market barely dumped
It's over for goxFUD

Anonymous (ID: YEXqXTL/)
07/24/24(Wed)05:27:51 No.58778261

Anonymous (ID: YEXqXTL/) 07/24/24(Wed)05:27:51 No.58778261

>>58778251
Did they got the btc back or just the cash value at the time in btc price today?

Anonymous (ID: y/zCnOon)
07/24/24(Wed)05:29:02 No.58778266

Anonymous (ID: y/zCnOon) 07/24/24(Wed)05:29:02 No.58778266

>>58778251
i don't know what anyone expected really
the gox coins are less than 1% of supply, even if everyone market sold at the exact same time there'd be a few short term liquidity problems then it'd be fine the next day

Anonymous (ID: 3a0XRheb)
07/24/24(Wed)05:29:44 No.58778269

Anonymous (ID: 3a0XRheb) 07/24/24(Wed)05:29:44 No.58778269

>>58778261
From the 100% coins that they had in the exchange, they are getting 21% back: 15% in coins (BTC/BCH), 6% in cash. The cash part has been distributed since December last year and mostly done. Have you been living under a rock?

Anonymous (ID: YEXqXTL/)
07/24/24(Wed)05:32:09 No.58778275

Anonymous (ID: YEXqXTL/) 07/24/24(Wed)05:32:09 No.58778275

>>58778269
I am a newfag
If i was aware of crypto years ago i would be living in a house like Tony Montana's today

Anonymous (ID: 3a0XRheb)
07/24/24(Wed)05:34:53 No.58778278

Anonymous (ID: 3a0XRheb) 07/24/24(Wed)05:34:53 No.58778278

>>58778275
My given percentages were a simplification of the process and there are nuances. Different people opted for different reimbursement options, but that is the average experience that is happening. Currently they are getting back 15% in coins
Looks like 90k BTC still to be distributed to people:
>https://platform.arkhamintelligence.com/explorer/entity/mt-gox