3 ms·
Yes, but there's diminishing returns as the price gets higher.
by bdcravens 5y ago
Yes, but there's diminishing returns as the price gets higher.
- davidgerard 5y agoit also has to have any market depth at that price - you can drop the BTC price $3,000 by selling $1m worth just lately, imagine having to cash out $1b "worth" into actual money not to mention the US miners who have a "stockpile" of $1b of BTC, apparently for every possible reason other than "actual-dollar liquidity doesn't exist to sell it without crashing the price"
- writetoalok 5y ago“Past performance is no guarantee of future returns!”
- sjtindell 5y agoI agree there can be sometimes. But I heard the same thing at $0.01 and $1. “It’s already gone up so much.” I heard the same at $10 and $100 and $1000 and…
- deleted 5y ago[deleted]