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Topic: What if bitcoin crashes to $1 overnight? - page 4. (Read 919 times)

newbie
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December 12, 2018, 01:51:07 AM
#1
Actually the assumption is impossible. No asset class in history I believe has crashed to a $1 “Overnight” . Even if it were to crash to a low price it would take many months, maybe years. When a company’s stocks tumble because of liquidation it takes months, years too until it’s delisted.

If on other less regulated market places it did, short sellers could easily arbitrage and for $5 in insurance would buy 5 Bitcoin and run the token into zero value.


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