Bitcoin: Mt. Gox Dump Rumor Overblown, But Not Lessons (Cryptocurrency:BTC-USD) #Bitcoin #Gox #Dump #Rumor #Overblown #Lessons #CryptocurrencyBTCUSD
JuSunThe article below looks at where the infamous Mt. Gox bankruptcy stands as well as the renewed rumors that its Rehabilitation Plan could negatively impact Bitcoin (BTC-USD) and Bitcoin Cash (BCH-USD) prices. In addition to the past strength of a simple HODL strategy, the Mt. Gox discussion also highlights two takeaways for digital asset investments more broadly: The high relative value of a blockchain's majority chosen fork Sound custody arrangements include cold storage and proof of reserves audits But before moving to Mt. Gox, it is useful to keep in mind that macroeconomic factors...