{"id":133413,"date":"2024-07-18T17:30:00","date_gmt":"2024-07-18T14:30:00","guid":{"rendered":"https:\/\/cryptodnes.bg\/en\/?p=133413"},"modified":"2024-07-18T17:15:31","modified_gmt":"2024-07-18T14:15:31","slug":"new-poll-reveals-what-will-bitcoin-investors-do-after-mt-gox-repayment","status":"publish","type":"post","link":"https:\/\/cryptodnes.bg\/en\/new-poll-reveals-what-will-bitcoin-investors-do-after-mt-gox-repayment\/","title":{"rendered":"New Poll Reveals What Will Bitcoin Investors Do After Mt. Gox Repayment"},"content":{"rendered":"<p>A recent Reddit survey <strong><a href=\"https:\/\/www.reddit.com\/r\/mtgoxinsolvency\/comments\/1dwbur4\/what_percentage_of_your_bitcoins_will_you_sell\/\" target=\"_blank\" rel=\"nofollow\">reveals<\/a><\/strong> that over half of Mt Gox creditors plan to keep their repayment <strong><a href=\"https:\/\/cryptodnes.bg\/en\/cryptocurrency\/bitcoin\/\">Bitcoin (BTC)<\/a><\/strong> rather than sell it.<\/p>\n<p>As the long-awaited distribution of assets begins after a decade, many creditors are optimistic. However, market analysts are concerned about the potential impact if a significant number of creditors decide to sell their Bitcoin.<\/p>\n<p>More than 50% of Mt Gox Creditors to Hold Bitcoin According to a Reddit poll, 55% of Mt Gox creditors do not plan to sell their Bitcoin once they receive it. Out of 467 respondents, 260 indicated they would hold onto their assets. In contrast, 18% (88 voters) intend to sell all their Bitcoin, while the rest plan to sell only a portion.<\/p>\n<style>\n    .dark-mode .read-more {background-color: #343a40 !important;}\n<\/style>\n<div class=\"read-more pb-3 pt-3 pt-md-2 px-3 my-4 border bg-light\">\n    <h5 class=\"text-uppercase border-bottom mb-3 pb-1 d-none d-md-block\">READ MORE:<\/h5>\n    <a class=\"article row\" href=\"https:\/\/cryptodnes.bg\/en\/billionaire-sees-donald-trump-as-the-best-choice-for-bitcoiners\/\" title=\"Billionaire Sees Donald Trump as the Best Choice for Bitcoiners\">\n        <div class=\"contentRight col-4\">\n            <span class=\"imgContainer mt-0\">\n                <img decoding=\"async\" class=\"image img-defer\" src=\"https:\/\/cryptodnes.bg\/en\/wp-content\/uploads\/sites\/2\/2022\/07\/bitcoinbulls-240x170.jpeg\">\n            <\/span>\n        <\/div>\n        <div class=\"contentLeft col-8\">\n            <h4 class=\"title mb-0\">Billionaire Sees Donald Trump as the Best Choice for Bitcoiners<\/h4>           \n            \n        <\/div>        \n    <\/a>\n<\/div>\n<p>The varying intentions are likely due to Bitcoin\u2019s substantial growth and adoption over the past decade. This year, Bitcoin hit a record high above $73,000 following the SEC\u2019s approval of spot Bitcoin ETFs. Some creditors see this as an opportunity to cash in, while others prefer to wait for potential further appreciation.<\/p>\n<p>Bitcoin Repayments and Market Impact Mt Gox has announced it will start repaying creditors this month, distributing around 140,000 Bitcoin valued at approximately $9 billion. This marks a significant milestone, considering the 9,000% increase in Bitcoin\u2019s value over the past ten years.<\/p>\n<p>The primary concern is how the market will react if many creditors sell their Bitcoin. For instance, a recent Bitcoin sale by the German government led to a price drop to $55,000. However, some market observers believe the impact of Mt Gox creditors\u2019 sales will be mitigated by the involvement of institutional investors, who may absorb the additional supply.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A question that has been on the mind of most crypto investors is what will happen after Mt. Gox distributes user compensations &#8211; will there be a massive sell-off, or will people hold?<\/p>\n","protected":false},"author":3,"featured_media":78650,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_lmt_disableupdate":"","_lmt_disable":"","footnotes":""},"categories":[27],"tags":[72],"class_list":["post-133413","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bitcoin","tag-bitcoin"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v25.3 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Poll Reveals What Will Bitcoin Investors Do After Mt. Gox Repayment<\/title>\n<meta name=\"description\" content=\"A question that has been on the mind of most crypto investors is what will happen after Mt. 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