Chart Art
Mt Gox BurnsScheduled september 18th
Mt. Gox was a bitcoin exchange based in Shibuya, Tokyo, Japan. Launched in July 2010, by 2013 and into 2014 it was handling over 70% of all bitcoin transactions worldwide, as the largest bitcoin intermediary and the world’s leading bitcoin exchange.
In February 2014, Mt. Gox suspended trading, closed its website and exchange service, and filed for bankruptcy protection from creditors. In April 2014, the company began liquidation proceedings.
Nobuaki Kobayashi, the lawyer and trustee of the Mt Gox bitcoin exchange has revealed that he sold bitcoin and bitcoin cash worth more than $400 million over the past few months since September last year. The Mt Gox trustee currently holds about 166 344,35827254 BTC.
The next court proceeding for Mt Gox bankruptsy won’t happen until September 18, 2018. Before then Nobuaki Kobayashi will not have authorization to dump the remaining 166 344 BTC on open market.
Chapter 1: Ominous Mt. GoxB found himself overlooking accumulation valley. He could not help but remember how he got to that point. He had successfully climbed Mt. Pamp and even ascended Mt. Gox. It was an arduous journey to the top, but his knowledge of what troubles were ahead still alluded him. Upon his descent of Mt. Gox B understood the courage that was needed to continue down this road. B had left his humble village of Metzdowd knowing many had traveled this same road, but never came back. Most of these travelers originated in the nearby town of Fiatville, but those stories are for another day.
It was the descent of Mt. Gox when he knew his journey was unique. Upon his descent he triggered an avalanche and got dumped upon by endless bags of snow. It seemed like a legion had unleashed their bags simultaneously. In fact, the descent can better be described as a tumultuous nose dive. B found bottom, so he thought. Nonetheless he proceeded with heightened caution. From here on out, B knew this journey was strenuous. However, for the time being, he told himself all would be ok and any life threatening dangers were in the rear view mirror. Dusting himself off he ignored the local's celebration of the New Year because he did not believe in the lunar cycles, not to mention there was no time to rest. The base of the mountain afforded him no picnics. His trek would take him up switchbacks and back down into narrow valleys. February was near and B told himself this would be THE month.
February was anything but smooth. What B was not aware of was the depth of the lake that resided from the snow melt of Mt. Gox in the distance. This lake was known to the locals as Karpeles. Legend had it the depth of Karpeles was so great that at certain spots it dove down to 0...down to sea level, but B shrugged it off. He knew it was just a myth for he was sky high. For B was headed to the moon!
As B ventured near the lake he figured the name came from the large Carps seen near the surface, but in fact, the depth of the lake concealed something much more threatening. A Karpeles Japanese Killer Whale!! (Many folks question to this day the existence of freshwater killer whales, but I assure you this is not a myth.) The Karpeles Whale with only a small bit of its might slapped his tale on the surface and broke B's support bridge as he crossed. To B it was a tsunami of water! Getting wiped off the bridge B fell into the Lake...into the home of the Karpeles Whale. As B hit the surface he sank...and sank...and sank some more. Keeping his eyes open B noticed everything was dark, for light was not seen at these depths. It was here B believed his journey was coming to an end. His time at the peak of Mt. Pamp was for nothing and those in neighboring Fiatville would make B the butt of all their jokes. However, as B FOMO'd on himself and his future...and after the whale pushed B down to the deepest depths of the lake, B found a torrent of freshwater rising up from underground. As the spring gushed at the bed of the lake, B used its current to rise up to the surface! He was safe. B miraculously bypassed the dangers of Mt. Gox lake and figured he just hit rock bottom. B dusted himself off, looked forward, and continued. His stride was one of determination now. He persisted down the rocky foothills of Mt. Gox...and as he did, the hair on his neck would rise from the ominous shadow of Mt. Gox, as this shadow was constantly casting its darkness on his path. His time in the sun he believed would come again, but for now, his journey would be tied to that ominous structure.
Media trying to catch Bitcoin investor | IllustrationI think they must to stop doing what they are doing and be objective and nice guys for another world.
Because they are the world media. People trusting them but...
People trust Bitcoin too.
Every day you listen to negative news on TV?!
Don't worry. you are not only one.
Wall Street makes money when you sell your Bitcoin.
Big guys telling you it's risky and they are buying the tons of Cryptos.
I think we all know, Bitcoin price will get stability soon and the price will reach 19-20K again.
Thank you for your support.
Please add the comment about what is your thought.
"HODL" Bitcoin Investors! (Braveheart version)Braveheart "HODL" Cryptocurrency Version
Hello crypto traders!
This is my next Chart Art.
I want to tell you every crypto investor. You can just HODL and wait when Bitcoin will reach new and new high price after the short time. Be patient...
Wish you good luck and profitable trading! ^^
Thank you for your time.
Nika
The One Coin to rule them all - Chapter I, Episode 2After a brief but violent encounter with a cryptobear, Bit, the valorous honey badger finally found his way out of the forest.
He is now a the foot of the Hoping Hills, land of bulls. While the bears have shown nothing but aggressiveness towards our hero, the bulls have shown sympathy for our furry hero. Here is the thing about bulls, MOST (but not all) bulls are optimists, like A LOT, and they love to express their enthusiasm to whomever wants to hear, and well, ahem... even whomever doesn't want to hear. Those good lads have a tendency to act impulsively and therefore can become unpredictably reckless. In these parts, we call these hopeless hopers 'Bulltards'. Would he encounter one, Bit would probably be subject to such recklessness.
Let's hope for the best...
The hills are populated with various bull cities. Badger will most likely visit a few in search of the road to his final destination (the moon of course ;))
unless he decides to avoid entirely the hills and go around through the low pass.
Onwards Bit, may the bulls that help you lead you in the right direction
The One Coin to Rule Them All, Chapter IDear Friends,
This is the tell of a hero, and the incredible journey he will follow to answer his true calling: Become the leader and savior of a kingdom once dominated by evil forces. But such great reward doesn't come that easily, and many challenges await on the road.
You will have guessed, this hero's name is Badger "Corn" Bitcoin. And like every good fantastic story, his ultimate goal is to kill the evil lord of this scorched land, the dragon of many faces, the one whose name raise fear in every heart... But I will tell you more about him another time. Badger has to reach Mount King, there are many ways to get to it. Let's take a closer look at the possible places Bitcoin might visit.
1. The Dark Forest ($8-11k)
At the moment, our hero is lost in the dark forest. Indeed its not easy to find one's path in the deep woods of this malicious place. Every path looks the same. Let's hope he will find the exit that leads to the hoping hills
2. Hoping Hills ($12-15k)
The exit to the hoping hills is in the northern part of the woods. Above 12k and Badger will have an easy stroll through this rather friendly countryside, populated by enthusiastic bulls. Another, more tortuous way leaves the the forest at around 8.5~9k and also leads to the hills.
3. The Swamps of Anger ($3-4k)
Countless have lost their lives drowned in the swamps. Stay on the path and you might find the fork that leads to the low pass. Choose well though, a wrong turn and you'll end up in a place no one ever came back from
4. The Dungeon of Capitulation ($1-2k)
Here is the most dangerous place on the map. I have yet to come across a soul to tell the story of what lies in the depths of the dungeon. If Bagder ever wanders in those parts, his will will be most likely tested like never before. He will have to gather all his strength and courage to not give in to the dark forces that haunt this place.
5. The Desert of Despair (---)
Might our beloved hero loose all faith, he will probably miss the path that shoots off the dungeon and end up wandering in the endless desert of despair. Who knows when, where and if he will get out of this forsaken land.
6. The Low Pass
This is one hell of a tricky road. Falling rocks, steep cliffs and venomous vipers are expected to be bothering our brave Corn. But the road eventually leads to the summit.
7. The High Pass
The easier road to Mount King. Follow the edge of the mountain to summit. Watch out for the crevasses
8. Mount King
Here it is! The top of the mountain. Mount King is a key milestone and from there Badger will be able to see what lies beyond, and what lies beyond is another chapter of this fantastic journey.