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If everyone who has been holding bitcoin for years cashed in their balance today, the price would rapidly approach zero. Emperors, clothes, and all.
by lasftew 3y ago
If everyone who has been holding bitcoin for years cashed in their balance today, the price would rapidly approach zero.
Emperors, clothes, and all.
- latchkey 3y agoExcept at this point, that won't ever happen. I certainly wouldn't ever sell. If it starts heading to zero, I would just start buying as much as I could. I know I'm not the only one.
- npoc 3y agoIt's called supply and demand. If the demand for something drops to zero, so does the price. This goes for anything in the world.