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Topic: What if everyone withdrew their coin in fiat? - page 15. (Read 4393 times)

legendary
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Merit: 5297
https://merel.mobi => buy facemasks with BTC/LTC
Would there be enough money in the exchanges? Would bitcoin fail?

If EVERYBODY wanted to dump all their BTC, the price would go to ~$0/BTC... So yes, in this case there would be enough FIAT on the exchanges.
It's all supply and demand. If the supply is huge and the demand is 0, the price goes trough the floor.
full member
Activity: 358
Merit: 100
Would there be enough money in the exchanges? Would bitcoin fail?
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