|
|
|
|
|
by edblarney
3450 days ago
|
|
Just because there are a few buyers and sellers trading bitcoins at a specific price, does not mean there is any real validity or pricing support for the rest of the market. Facebook could sell most of their shares for today's bidding price. If all bitcoins went on the market today, it would probably crash and never recover. Even in a housing crash, there are creditors, deal-seekers and people who need a place to live who will stop the bidding from getting too low. And then people will come back eventually. If/when bitcoin crashes, it's gone for good. |
|