dezoel
Legendary
Offline
Activity: 2030
Merit: 1072
Leading Crypto Sports Betting & Casino Platform
|
|
February 17, 2023, 09:48:51 PM |
|
Well there won't be any stop at wanting more bitcoin, we know that much, people will always want more bitcoins. However, if suddenly "everyone" stops selling, that means price would go up, and eventually people will sell, there is no scenario where you would have everyone holding even when it reaches like a million each, eventually someone will sell when it goes up.
We sort of have this in a small scale, when the price of bitcoin goes up, that means people stopped selling at certain prices, so buyers had to pay more to get it. Same mindset with that, but in a bigger scale happens when the bull run comes and the price suddenly jumps a lot higher.
|