Bitcoin Forum
June 30, 2024, 10:19:54 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: If 1 million BTC users keep 10BTC would it save us from dead?  (Read 1821 times)
orsotheysaid
Full Member
***
Offline Offline

Activity: 153
Merit: 100


View Profile
January 20, 2015, 12:31:31 AM
 #41

As far as I know you cant live off a holding market.. we need a constant decent flow of new buyers otherwise we would be holding a toxic asset. We need new people.
waaat?
Full Member
***
Offline Offline

Activity: 574
Merit: 104


View Profile
January 20, 2015, 01:15:48 AM
 #42

@OP

no, holding will not save you a little bit as the new coins keep dumping on the market every day.

The thing that would save you would be 3600 bagholders each buying 1 bitcoin every day. That's a thing that would save you mid-term.

If you can't do it here it'll come down to a price at which someone is willing to 'buy them all' and create a 100% manipulated so called 'cornered market'... (could still be a fair bit off)

Bitcoin becoming a cornered market and illiquid shitcoin is almost inevitable right now if it's not too late already.
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!