It has to depend on their capability to crash the market, we can't just assume someone with 300K BTC holding will magically appear and crash the market, there are only less than 10M BTC in circulation, and we have seen quite a few 100K size dumps which did not crash the market. I doubt there maybe only a few out there holding more than 100K, and hardly anyone holding more than 200K.
If you think about it, that's the ingenuity of this system: sans any systematic failure, or new competitor with groundbreaking advantages, any large-scale selling just reduces the probability of a future market crash, as the bitcoins will distribute into more hands more evenly, and this system, unlike a corporation stock, potentially has no single point of failure.
+1 (As usual).
It is so nice to wake up seeing wisdom being talked in the forum...
What do you think, price tested $100 twice, anyone believes it will crash...?
...if you do, I can write puts for $100 for a hefty premium and escrow and all that stuff yeah, but lol, you can secure your gains without needing to sell if you don't want to. Any takers??
