Mt. Gox Bitcoin Dump vs Ethereum ETF Launch Week🔥 LIVE

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In a fresh vote on the Reddit MtGox forum, the majority of participants indicated they plan to hold onto their Bitcoin compensation rather than selling it immediately. Meanwhile, ETF issuers are making their final preparations to launch spot Ethereum-based products in the United States next week.

~This Episode is Sponsored By Coinbase~

#Crypto #Bitcoin #Ethereum
~Mt. Gox Bitcoin Dump vs Ethereum ETF Launch Week🔥 LIVE~
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my opinion is that its not wise to sell their bitcoin as it can at least double from here. but you must understand that they are up about 100x from where they bought and some of them could use the money or they feel that they have more than enough money to live now. i hope they don't sell but i would probably take at least 10% if i was in their shoes.

josenegrete

I’m waiting for my Mt Gox payout. I’m not selling, I already own bitcoin. That’s why I opted for Bitcoin payout, not the cash payout option.

dsciberr

if I sold BTC, what would I buy instead? maybe diversify into stocks and bonds and real estate and art (but accept lower return) ? I might sell to pay off debt. you don't need to be a BTC maximalist to do the math and decide to hold... especially if you have to pay capital gains on the sale...

cathompson

The ETF fees make it a way better buy than on an exchange like Coinbase. Of course, you don´t own it really, but at this stage it doesn't matter. You could always buy some at an exchange and put it in cold storage, then buy the ETFs as well.

kevinschoepp

all I see now is DEI and a bunch of people who have no idea what they are talking about

mikechar

For the Mt Gox poll, 56% will sell all their BTC, 44% will sell a % of it. Not knowing how many BTC responders have makes this a rather useless poll other than that it will all not get sold immediately. This could be a big hit on the price. I am glad this channel is speaking of it.

kevinschoepp

Adjust your glasses, you have a nervous tick that is annoying!

jamesvodnik

solana do not have the liquidity that ethereum and bitcoin have. and have some more deflation risk.

Torterra_ghahhyhiHd

Shiiii when will we see advertising for the btc etf? 😅

Notrevia

I expect ETH to take a hit once the ETFs launch as well. Grayscale will cause issues just like it did for BTC.

kevinschoepp

If you were in BTC in 2016, you didn't own just bitcoin on Mt gox, after the hack you'd probably find another way. So no, most crypto people are informed and won't sell the btc they get right now. And definitely not everything in one time.

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