Post
Topic
Board Economics
Re: panic selling
by
Radenz
on 14/11/2016, 14:12:09 UTC
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
The bitcoin price will be lower and lower.
Everybody lose their mind.
However, if that really happen, there will be a new investor come to buy a lot of bitcoin.
After that, the bitcoin price extremely rise up and back stable.
The investor become rich.
Just my thought.