3 ms·
> liquidating to USD/other fiat in small pieces when you need to? Just a hunch, but the meteoric rise in value probably prevents most people from simply cashin
by sosborn 13y ago
> liquidating to USD/other fiat in small pieces when you need to?
Just a hunch, but the meteoric rise in value probably prevents most people from simply cashing out.
- rjbwork 13y agoWhy? Isn't the demand for the existing coins what drives the rise in value? Logically there should be demand for one's sale of the coins at that point right?
- sosborn 13y agoWhat I mean is that when the value keeps going up there is psychological barrier to cashing out. The thought is that it will keep going up so if I cash out now I'm missing out.