Mt.Gox Comment From Swiss Giant Bank: Expected Drop For Bitcoin Is Not Possible!

Ivan Kachkovski, strategist at Swiss giant bank UBS, said that the upcoming Mt. Gox evaluated the possibility that the liquidation would not have a negative impact on the Bitcoin (BTC) price as expected.

stopped by cyber attack filing for bankruptcy, losing a large portion of client assets as a result, Mt. Gox’s purge to the final stage Coming to the market, analysts predicted the approximate 142 thousand Bitcoins to the Bitcoin price of the new supply effect discussing it. A significant portion of analysts say that the investment cost is quite high. low the one which… 142 thousand BTC most of it will be put on the market and the effect of this situation on Bitcoin prices. negative effect although he claims he will UBS strategist Ivan Kachkovsky Mt. Gox risk being limited expressed.

Strategist, Mt. Recalling that Gox offers its customers two payment plans in fiat currency and Bitcoin your primary risk of investors most of the fiat currency stated that he requested a refund in cash. In this scenario, Mt. Gox’s generate cash assets for important One liquidate the part stating that he will strategist, many analysts from this scenario that you are worried but this risk limited by the developments expressed.

In mid-February, the stock market 28 thousand owns bitcoin two creditors in bitcoin payment demanding a major liquidation have been circumvented Kachkovski said that individual investors also big One part of He claimed that he would demand payment in Bitcoin. Kachkovski claims that early Bitcoin investors heard about the cryptocurrency. trust continues based his opinion.

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