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If bitcoin price is to crash, I'll be the first one buying. Which probably means that the price is not speculative. Speculative like "I hoard" but not like "Po
by guard-of-terra 14y ago
If bitcoin price is to crash, I'll be the first one buying.
Which probably means that the price is not speculative. Speculative like "I hoard" but not like "Ponzi".
- knowaveragejoe 14y agoThat's exactly why I don't foresee an immense crash unless several large holders cash out all at once. There's no doubt tons of people chomping at the bit for the price to drop any significant amount.
- guard-of-terra 14y agoI hope those large holders are not so stupid to drop a large chunk at the market at once. I will definitely buy in this case, tho.
- mootothemax 14y agoIf bitcoin price is to crash, I'll be the first one buying. I get the impression plenty of people might buy if the price dropped to $35 or $30. My question is: would you then sell if the price dropped a further $5 or $10?
- guard-of-terra 14y agoWhy sell for $10? It's pointless, not the kind of money I'm afraid to lose.
- nym 14y agoNope. Already sold my initial investment!