Author

Topic: What if everyone decided to sell their Bitcoins on June 1? (Read 617 times)

hero member
Activity: 630
Merit: 500
There aren't enough buyers for everyone to sell. Some people *couldn't* sell.

(Everyone-1) could sell if the price went down to 1 cent each... that's only a $120k market cap, no problem for that one ninja buyer.
full member
Activity: 182
Merit: 100
Hodl regularly and often!
If that happened then the price would fall so far that I'd be able to afford more than the three bitcoins that I already have.  Then all I'd need is for them to go up to the many thousands that some people claim they'll achieve and I'd be a millionaire overnight.  Well, if you're going to dream then you might as well do it properly, lol.

Well said.
jr. member
Activity: 56
Merit: 1
There aren't enough buyers for everyone to sell. Some people *couldn't* sell.
sr. member
Activity: 350
Merit: 250
This account was recently hacked
If that happened then the price would fall so far that I'd be able to afford more than the three bitcoins that I already have.  Then all I'd need is for them to go up to the many thousands that some people claim they'll achieve and I'd be a millionaire overnight.  Well, if you're going to dream then you might as well do it properly, lol.
newbie
Activity: 33
Merit: 0
We should organise a big 1st of june sell-off! And one each month after! Only kidding...

I guess if everyone sells means that someone else will be buying. So not sure how much will that affect the value of BTC.
legendary
Activity: 1274
Merit: 1004
Bitcoins Rule! What if everyone sold them all and bought back over the next week?



If everyone will sell, who will buy their BTC   Aliens ?LOL
hero member
Activity: 994
Merit: 507
But wouldn't people make alot of $/BTC on the rebound?
Some will some won't. Why would I be part of the scheme if it's pretty much random who gets back in line first to buy them back after. There will be many losers. I'd rather just stay put and not gamble my coins away.
full member
Activity: 182
Merit: 100
Hodl regularly and often!
But wouldn't people make alot of $/BTC on the rebound?
newbie
Activity: 14
Merit: 0
Bitcoins Rule! What if everyone sold them all and bought back over the next week?




Then the price would drop, and just go back up again.
hero member
Activity: 994
Merit: 507
Bitcoins Rule! What if everyone sold them all and bought back over the next week?


That's a big if. The price would plummet and then there would be a race to buy them back. It would accomplish nothing.
full member
Activity: 182
Merit: 100
Hodl regularly and often!
Bitcoins Rule! What if everyone sold them all and bought back over the next week?

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