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March 31, 2014, 12:57:45 PM |
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If 100% of people held, the price would literally be infinity and also zero. You couldn't spend them either, because that's trading for value. AKA selling. I'ts just a dream you know, because there's always that ONE guy that has to ruin it and sell a satoshi for 1.5mil, thus triggering a landslide of panic selling back down to $450. I can't think of a more difficult task than coordinating all these people. You would have an easier time attacking Canada by convincing 314,000,000 Americans to fart north simultaneously. I'm not holding, because I know what a 6 hour LTC high looks like after a pump, and I know what the immediate opposite and mostly-equal reaction looks like. Every time I sell $0.50 higher than I bought, someone is losing something somewhere because they messed up and got impatient. The value may be dropping, but my coin collection is growing.
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