Will Mt. Gox Pressure on Bitcoin Persist? Discover the Shocking Results!

The ongoing uncertainty surrounding Mt. Gox refunds has impacted Bitcoin prices since early July. Recently, a vote was conducted on the Mt. Gox forum on Reddit.

Chinese cryptocurrency journalist Wu Blockchain reported that 467 members participated in the poll.

Among the Mt. Gox creditors who voted, 260 chose not to sell their BTC after receiving their refund, making up the highest rate at 55%.

In contrast, 88 creditors opted to sell all their refunded Bitcoins, accounting for 18% of the votes.

Additionally, 68 creditors decided to sell between 1% and 25% of their BTC, while 26 creditors chose to sell between 25% and 50% of their BTC.

The survey results suggest that more than half of the refunded BTCs will not be sold. However, analysts are divided on the impact of these refunds.

Some believe the Mt. Gox refunds have already been priced in and that staggered payments will not significantly affect the BTC price.

Others argue that the refunds will continue to exert negative pressure on the price.

There is also a viewpoint that creditors, having waited a long time for their Bitcoins, may choose not to sell, thus minimizing any negative impact on the price.

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