Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

Mt. Gox Doomsday Scenario Involves Bitcoin Cash, Not Bitcoin: Analyst

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Source: Coindesk.com

Mt. Gox's bankruptcy redemptions are bearish for BCH, not BTC, writes Presto Labs' Peter Chung. Mt. Gox will send back to its former customers $73 million worth of BCH, worth over 20% of the token's daily trading volume.

Fears that selling pressure from bankruptcy redemptions from the estate of Mt. Gox

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Source: Coindesk.com

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