Reddit MtGox Poll Reveals Majority Don’t Have Selling Intentions After Receiving BTC
About the Poll
According to a poll conducted on the Reddit MtGox forum, which asked, “What percentage of your Bitcoins will you sell immediately after receiving them?”, 467 members participated in the vote. Among them, 260 individuals, representing the highest proportion at 55%, chose not to sell their bitcoins after receiving compensation. Following this, 88 members, constituting 18.8%, said they would sell less than 25% of their bitcoins, while 63 members (13.5%) would sell between 25% to 75%. Only 56 members (12%) indicated that they would sell all of their bitcoins immediately after receiving them.
Implications
It’s clear from the poll results that the majority of Reddit MtGox forum members who were affected by the MtGox hack and subsequent bankruptcy do not have immediate intentions of selling their bitcoins. This could be seen as a vote of confidence in the future of Bitcoin and cryptocurrencies in general, as the individuals are choosing to hold onto their assets rather than cashing out.
How It Will Affect Me
As someone who may have been impacted by the MtGox hack or who holds bitcoins, this poll indicates that there is a strong belief within the community in the long-term potential of Bitcoin. This could lead to increased stability in the Bitcoin market as more holders choose to keep their assets rather than sell them off, potentially leading to a rise in value over time.
How It Will Affect the World
On a larger scale, the poll results suggest that there is a growing trust in cryptocurrencies as a whole, with individuals opting to hold onto their assets rather than dump them at the first opportunity. This could help to legitimize cryptocurrencies in the eyes of the general public and financial institutions, potentially leading to wider adoption and acceptance in the future.
Conclusion
The Reddit MtGox poll results paint a positive picture for the future of Bitcoin and cryptocurrencies, with the majority of participants indicating their intention to hold onto their assets rather than sell them off immediately. This could lead to increased stability in the market and a boost in trust and legitimacy for cryptocurrencies on a global scale.
