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RE: Are Bitcoin Investors Worried About Mt Gox Trustee Selling 140k Bitcoins?

in LeoFinance2 years ago

There are various strategies the trustees could use to minimise the impact on the headline price. Its a lot of Bitcoins to sell but if they are smart about it they won't tank the market.

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Yes I have heard Michael Saylor saying they were able to buy large amounts of bitcoin without moving the price at all. Not sure if same is possible for selling though. It should be.