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Rumors about the possible imminent collapse of bitcoin are actively spreading on the Internet

11:15 am, August 28, 2022

Disinformation that «the market will soon collapse because 140,000 BTC from Mt Gox will appear on it» has been spreading online again. In this regard, the authors of the hoax suggest that the BTC market will collapse to extremely low values (by the way, even now BTC is not trading at its best).

However, these are rumors, as we want to convince you. First, these rumors were denied by one of the creditors of the most popular crypto exchange in the past, noting that coins will not be distributed in the near future. Today, this is out of the question, because even the registration for asset recovery is not working well. Therefore, we will have to wait at least a few months, if not six months, before the start of the return of the BTC.

Secondly, we would like to remind you that Mt Gox’s payments themselves are unlikely to affect the market and crash the price — we discussed the reasons in detail in our previous article.

The editorial team recommends that cryptocurrency investors not worry about rumors, think with their own heads and try not to worry in vain — HODL is the best cryptocurrency investment strategy ever invented.

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