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RE: Daily: Whale shown to crash market / Binance FUD / Ontology

in #bitcoin7 years ago (edited)

@boxmining - If I understand this correctly, the trustee is repaying Mt Gox BTC holders at the rate of $483/BTC. That is another level of robbery.

IMO, they should take the remainder of the revenue from selling the BTC and distribute it to the BTC owners on MT Gox who lost their BTC. Consider it interest over 4 years; consider it appreciation; etc. Their BTC from 2014 went from $483 to $20,000 and now settling in the $10,000 range. The trustee can never make that up to the people who lost their BTC but since there is more than the $483/BTC they should give them more. It's really common sense.

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The last time I got some official news from the trustee in my mailbox was some years ago. I'm not really sure how they want to compensate those who lost their BTC. I only know that at the time you could proclaim the amount of BTC one lost at MT.Gox and note if you'd liked to be payed back in BTC or Yen.

Anyway, the whole Mt.Gox situation made my quit crypto's for about 4 years. Oh how I wish I hadn't been deterred back in the day.

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