Bitcoin dropped after 75k "MtGox Bitcoins" moved!

in #bitcoin • last month

Hi HODLers, Hiveans and Lions,

Bitcoin just dipped a bit more than 2% wallets labeled as belonging to the collapsed crypto exchange Mt. Gox moved 75,021 Bitcoins to an unknown wallet. These $BTC are worth around $5bn!

Mt. Gox trustee firm Nagashima Ohno and Tsunematsu did not immediately respond to an inquiry on where and why the Bitcoin was moved.

MtGox Repayment Deadline is October, 31st but most people expect them to repay much earlier than this date.

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    I bought the dip. Everybody should embrace such stupid headlines. In the long run this has no effect!

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      Clearly agreeing with you. We need PCE Inflation data to be lower than expected tomorrow and we will shoot right back up!

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