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by econner
3113 days ago
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It's an exchange so if there's no one to take the other side of the trade then you wouldn't be able to sell. They probably float a little bit of coin, but likely not enough to wipe them out. The question is what they'd do in a crisis. Would they freeze everyone's coin? Would other exchanges do the same? Now, they could be hacked and lose a lot of customers' coin without realizing it as happened with Mt Gox. This is why it's advisable to hold your coin in an offline wallet, but doing so makes it harder to panic sell. But that shouldn't matter since we're all definitely here just to HODL crypto and see it actually be useful and we're definitely not just to try to speculate off of it. Right?? Right??? |
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