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by logician76 4473 days ago
Mt.Gox is going to liquidate all their bitcoins for the bankruptcy proceedings. So factor that in, and creditors of Mt.Gox (especially bitcoin creditors) will get even less than the value today. I'd say get ready for a big bubble burst.
1 comments
pmorici 4473 days ago
No they aren't. A plan to buy out the exchange settle the pending fraud lawsuits and divide the remaining Bitcoin among the creditors as well as give them a % stake in the new business was announced a couple days ago. No Mt.Gox Bitcoin is getting liquidated by the bankruptcy court.

http://www.reuters.com/article/2014/04/29/us-bitcoin-mtgox-s...

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logician76 4472 days ago
No mention of this on the Mt.Gox website, where the last article was talking about liquidation. But thanks for the heads up, as I am also one of the creditors I should look into it.
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