Coindesk
- Bitcoin holders (or “hodlers” as they call themselves) are heaping abuse on a lawyer whose job is to sell bitcoin recovered from a massive 2014 cryptocurrency theft. The sales are depressing the price.
- These people are ridiculous.
- Bitcoin represents nothing except its price, and the price reflects supply and demand.
- Complaining about sales that depress the price of bitcoin is therefore like complaining about bitcoin itself.
LONDON — Nobuaki Kobayashi, the trustee for the bankrupt cryptocurrency exchange Mt Gox, has had a rough week. Here is a typical comment about him on Reddit’s r/Bitcoin page:
“Nobuaki Kobayashi is some kind of special moron selling the bottom of a correction pushing the price down even further.”See the rest of the story at Business Insider
See Also:
- Bitcoin is slumping and analysts say there are 3 big reasons for the ‘fear and panic’
- ‘This is horse s—‘: Bitcoin traders are angry that Mt Gox’s crypto stash is being ‘dumped’ on the market
- Morgan Stanley is looking to staff up its stock-research unit with crypto talent
SEE ALSO: OF COURSE governments won’t give up control of money – that’s why crypto is crashing
