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Topic: Is your Bitcoin really worth $xxx.xx? - page 3. (Read 2176 times)

sr. member
Activity: 322
Merit: 251
December 19, 2016, 06:58:25 PM
#6
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.
legendary
Activity: 2296
Merit: 1014
December 19, 2016, 06:55:13 PM
#5
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 Smiley simple as that.
legendary
Activity: 1288
Merit: 1087
December 19, 2016, 06:53:49 PM
#4
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.
legendary
Activity: 2436
Merit: 1804
guess who's back
December 19, 2016, 06:51:35 PM
#3
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
hero member
Activity: 762
Merit: 500
December 19, 2016, 06:39:06 PM
#2
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.
sr. member
Activity: 448
Merit: 250
December 19, 2016, 06:26:37 PM
#1
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.

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