Update: Friend Got that Mt Gox Payment

Cryptocurrency News and Public Mining Pools

Update: Friend Got that Mt Gox Payment

Last post about it here – https://www.reddit.com/r/CryptoCurrency/comments/1egcdnl/friend_got_that_mt_gox_payment/

Update: Friend confirmed he got the payments. First was in cash (a small amount) then the second payment was the transfer of BTC. I'm pretty sure, based on you guys' previous posts here, that my Friend received more than he initially told me. He lost 60+ btc at the time of Mt Gox crash. He might have gotten 10 btc from the settlement I read. That was a few months ago.

I advised him not to sell when this was on the way. He listened apparently. He sold a very small amount he said. To throw a party. It wasn't outrageous and he didn't advertise it was from his btc settlement. He kept it lowkey and just threw himself a bday celebration with a lot of his friends and their families. Modest food and drinks provided.

I'm guessing he sold 1 or 2 btc, but maybe less. I'm guessing he's sitting on 8+ bitcoin right now. With the rate things are going post-election, that'll be worth $1M+ in a couple months potentially. He only works part-time now, he doesn't need the salary, but he does need the social interaction and community that it provides. He is independently wealthy, single, early 40s, and lives alone. Seems pretty happy but hasn't let it go to his head or changed his lifestyle in a big way. He loves playing sports.

This guy is the only one I know IRL who had this happen to him, and who owns this much btc, and who does not need to work full-time and be in the rat race of life. It's an incredible story. The dude won. He's still winning. Obviously he needs to sell at the right time to officially have that money in the bank. I'm glad that I know someone who beat the casino, even though he originally had 6x more, but he def woulda sold much earlier instead of this forced hodl strategy. Anyone else know someone who this happened to? What would you do if this was your life? I'd probably eff it all up

submitted by /u/galacticwyandotte
[link] [comments]