Is your Bitcoin really worth $xxx.xx?

[Sir Alpha_goy]

I have a question for those holding Bitcoin.

Is your Bitcoin really worth "x" amount of $$$?

What happens if lets say 5 big Bitcoin holders were to flee the market today?

Are there enough buyers to inflate the price back up?

What if a run were to occur on Bitcoin?

Do you think that all investors would get the same amount of money for their coin?

With global currencies sliding in value consider this when building your exit strategy.

As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

[1715119387]

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[wdnj]

There should be a Plan B but it won't work for everyone, not all people have the opportunity to sell at the same price.
About the price back up I don't think that there are enough buyers who can do that, there can be big exchanges but who know who will make an action.

[SyGambler]

well the golden rule is don't invest what you can't afford to lose cause nobody knows what tomorrow will bring and it's better to be safe
but in my opinion yes there are enough buyers in the market , and there are some people who buy bitcoin if it goes down as little as 10$

so far I still believe in bitcoin but as I said we can't be sure about what will happen in the future

[European Central Bank]

of course not.

same thing goes for every single other thing that's traded and hoarded on the entire planet too. how much would gold be worth if everyone tried to sell at once? how much would apple shares be worth if a major holder got rid?

if people haven't figured this out and accounted for it then they're a certifiable moron with zero business participating in any market.

[Velkro]

Is your Bitcoin really worth "x" amount of $$$?

What happens if lets say 5 big Bitcoin holders were to flee the market today?

Are there enough buyers to inflate the price back up?

What if a run were to occur on Bitcoin?

Do you think that all investors would get the same amount of money for their coin?

This is how market works, u can't predict it, u can never know for sure.
But bitcoin is worth a lot of money, even if not current 780$, maybe 400$ or 1300$, its always worth as much as someone is willing to pay for it simple as that.

[Huge Black Woman]

Yo, if the whales dump they bitcoin the market gonna crash.  But I thank they be enough support from y'all to bring it back up.  An' we don know who these whales is anyhow.  I gots faith in bitcoin, don't know about y'all.

[Sir Alpha_goy]

of course not.

same thing goes for every single other thing that's traded and hoarded on the entire planet too. how much would gold be worth if everyone tried to sell at once? how much would apple shares be worth if a major holder got rid?

if people haven't figured this out and accounted for it then they're a certifiable moron with zero business participating in any market.

Gold is money.

I'm not sure you can sell money.

You can however exchange it for currency.

That is if such currency is worth a damn.

[Carpeaux]

why would 5 big dudes flee the market today, when they didnt after so much falls rises, and at the same time?

I think it is unlikely, if they did, would be at top or when Gox collapsed

[Sir Alpha_goy]

why would 5 big dudes flee the market today, when they didnt after so much falls rises, and at the same time?

I think it is unlikely, if they did, would be at top or when Gox collapsed

Why would Circle flee Bitcoin?

I bet people thought it was unlikely.

Unlikely and reality tend to smack people in the face when it happens.

[GreenLighter]

Bitcoin is a commodity and thus is worth whatever the buyer is willing to pay

[Dahhi]

I think the general idea is that fiat will be greatly devalued that people will look for alternate currencies, they will adopt crypto and the elites will rule the world or something along that line.

[Sir Alpha_goy]

I think the general idea is that fiat will be greatly devalued that people will look for alternate currencies, they might adopt crypto and the elites will rule the world or something along that line.

Fixed

[duke944]

Speak for your own currency tanking, the dollar is looking great. 

[Wind_FURY]

I have a question for those holding Bitcoin.

Is your Bitcoin really worth "x" amount of $$$?

I do not know. All I know is I can sell them at $780 per coin right now. Should I care?

What happens if lets say 5 big Bitcoin holders were to flee the market today?

Then it will crash. They can do it now if they want. But will it be good for them to dump? No, so they hold. But I encourage them to dump. Please.

Are there enough buyers to inflate the price back up?

Maybe. We are seeing it happen right now. But who cares about the price. It can go down anytime and I see that as an opportunity to buy more. So please let the price fall everyone.

What if a run were to occur on Bitcoin?

A run? I do not what you mean but if that will make the price fall that is a welcome opportunity to buy more.

Do you think that all investors would get the same amount of money for their coin?

No. Some sell at lower prices, some at higher prices.

With global currencies sliding in value consider this when building your exit strategy.

Exit strategy? There is no exit strategy. Bitcoin holder for life here.

As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

Who cares.

[duke944]

I have a question for those holding Bitcoin.

Is your Bitcoin really worth "x" amount of $$$?

I do not know. All I know is I can sell them at $780 per coin right now. Should I care?

What happens if lets say 5 big Bitcoin holders were to flee the market today?

Then it will crash. They can do it now if they want. But will it be good for them to dump? No, so they hold. But I encourage them to dump. Please.

Are there enough buyers to inflate the price back up?

Maybe. We are seeing it happen right now. But who cares about the price. It can go down anytime and I see that as an opportunity to buy more. So please let the price fall everyone.

What if a run were to occur on Bitcoin?

A run? I do not what you mean but if that will make the price fall that is a welcome opportunity to buy more.

Do you think that all investors would get the same amount of money for their coin?

No. Some sell at lower prices, some at higher prices.

With global currencies sliding in value consider this when building your exit strategy.

Exit strategy? There is no exit strategy. Bitcoin holder for life here.

As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

Who cares.

You must be a holder of free coins. Opinion dismissed,

[pooya87]

I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

by bitcoin! is worth x amount of $$$ and even more because there is lots of demand for it and the supply is always going to be lower that that demand which makes the $$$ value always go higher and higher.

there are 16 million coins currently available to everyone and if you think there are only 5 big bitcoin holders that can have any effect on this 16 million coins then you should rethink. and also a big bitcoin holder is not going to just up and leave, by definition someone who is a whale also knows what he is doing and he is making good money so there is no need for him to leave!!!

even if by a fat chance that happened yes there will be a drop but like any other drop it will go back up again. and things will become normal once again!

[AmsterdamPimp]

It is a free market an as such anyone can sell at any time, will they get what they want maybe not, can everybody sell at the same time? Definitely not! Is there enough buyers that the price would recover? Forsure. Look at the 120k bitcoin 'hack' at finex, did it recover and what was the impact?

[Soros Shorts]

The same could be said about real estate. A certain sized house in a particular neighborhood may be going for $500K, but in reality only a small number of houses are on the market at any one time. There is no way everybody in the neighborhood can sell their houses for that price all at the same time.

As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.

As long as you have a fair amount of liquidity in the markets it could be argued that the price you get will be "fair market value". Today fair market value is approximately $790. Tomorrow it may be $1000 or $10. If you are getting approximately the same price as all the other guys who are buying or selling at the same time, then you are getting fair market value.

[JimboToronto]

You must be a holder of free coins. Opinion dismissed,

Who the hell are you to assume he holds free coins? You don't know if he mined them, earned them or bought them, or how much he paid.

You sound like some crybaby "trader" who was late to the party, paid too much, and is jealous of those who recognized Bitcoin's value earlier on. Grow up.

I dismiss your opinion..
_____________

To the OP:

No, my bitcoins are not worth $xxx.xx. They're worth at least $xxxx.xx and possibly $xxxxx.xx.

[bitebits]

well the golden rule is don't invest what you can't afford to lose [...]

I though the golden rule was that if people panic, make sure to panic first.

OP: it is all about liquidity. Therefore whales have to spread their bids and asks over multiple exchanges. Or buy/sell Over The Counter, or participate in Gemini's daily bitcoin auction:

Auctions (also called “crosses,” not to be confused with winner-take-all auctions) are events which allow two-sided trading in large or small blocks with efficient price discovery and reduced price slippage. The goal is to prevent buyers and sellers from missing each other during the trading day.