It doesn't matter that you, alone, wouldn't trade your bitcoin for $1M USD - there are plenty of people that will. The market cap is too small and can be very easily manipulated, just like the current stock market, and even gold, for that matter.
It doesn't matter that you, alone, wouldn't trade your bitcoin for $1M USD - there are plenty of people that will. The market cap is too small and can be very easily manipulated, just like the current stock market, and even gold, for that matter.
You may be right, you may be wrong. It depends on how many coins are held by people that share my view. I believe that there's a significant number of coins held by people/entities that wouldn't sell for less than a significantly higher price than we're currently seeing. But I acknowledge that I can't be sure.
You may be right, you may be wrong. It depends on how many coins are held by people that share my view. I believe that there's a significant number of coins held by people/entities that wouldn't sell for less than a significantly higher price than we're currently seeing. But I acknowledge that I can't be sure.
(post is archived)