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Note that, with the BTC/USD seeming to have stabilized at around 13,000 for the moment, for everyone that got in by Dec. 6 (two weeks ago), this is still a win.
by ckastner 9y ago
Note that, with the BTC/USD seeming to have stabilized at around 13,000 for the moment, for everyone that got in by Dec. 6 (two weeks ago), this is still a win.
As long as there are still that many winners, I don't think the number of losers (ie, people that got in during the past two weeks) are sufficient to panic those winners.
To really trigger a fire sale, I believe you'd need a larger number of losers.
- ckastner 9y agoOK, it's rapidly falling now. Perhaps we get to see a fire sale today, after all!