I have a question for those holding Bitcoin.
Is your Bitcoin really worth "x" amount of $$$?
What happens if lets say 5 big Bitcoin holders were to flee the market today?
Are there enough buyers to inflate the price back up?
What if a run were to occur on Bitcoin?
Do you think that all investors would get the same amount of money for their coin?
With global currencies sliding in value consider this when building your exit strategy.
As global currencies weaken the likelihood of liquidating your position for "fair market value" deteriorates.
I am still new to bitcoin, I can only answer the 3 questions only:
Q: What happens if lets say 5 big Bitcoin holders were to flee the market today?
A: Until now we never knew, anyone a big holder of bitcoin. And I think it will have no effect, because it does not dominate the big 5 big Bitcoin holders from all existing bitcoin.
Q: Are there enough buyers to inflate the price back up?
A: impossible, we could see when low price bitcoin it lasts long time, bitcoin price looks very natural not from inflate
Q: What if a run were to occur on Bitcoin?
A: Equally, there will be a lot of influence.