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by lasftew 852 days 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.

2 comments

Except 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.
It's called supply and demand. If the demand for something drops to zero, so does the price. This goes for anything in the world.