I am proud fiat baghodler on stamp since 480 levels and I dont feel any urgency to buy all the cheap coins once stamp opens its gates.
If and when stamp opens its gates Im sure you are right there wont be a stampede (HA HA) by fiat holders like yourself to immediately buy cheap coins. Likewise all those with coin will not rush to sell, most will remove their coins to safety causing a run on their reserves. The net effect of this episode at stamp will be for all coin holders at all exchanges to leave no more on the exchange than absolutely necessary for trading. This may leave less net coins on exchanges for use in leveraged short positions, although I suspect that fractional reserve banking means the lent coins dont actually exist.
My thinking is that if I was holding fiat on Stamp, I may consider buying BTC as soon as they re-open, then withdraw them to safety asap. Fiat takes a long time to withdraw, and there will likely be a huge flood of people looking to get their fiat out of stamp. A coin withdrawal may be the fastest way out for those who lost faith in Stamp.
But really, who the fuck knows. We will see if they open Stamp back up in "24-48 hrs".
This rally above 300 suggests that traders are expecting some buying pressure. I would FUCKING HATE MY LIFE if I was heavily leveraged short via Stamp right now (thought I must admit I never used Stamp, so I have no idea how that would look/work).
I don't think stamp does leverage.