If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
What?
Why would the exchanges not allow for their users to sell their Bitcoins in the event of something like this? You almost never sell to the exchange itself, always to other people. If others are buying it for that value, then the exchange should just let it happen since it doesn't affect them.
Are you sure you know how most exchanges work? You're kind of making me think you think that you only ever sell to the exchange.
Maybe he does know on how to sell and not to buy bitcoin on exchangers. He dont know actually what an exchanger do operates why he have said this kind of thing. What in the hell an exchanger will hold up withdrawals? Since its users money and he do gain it on other people not on the site itself.Theres nothing to do with those money that they had. Normally they will surely process withdrawals without any hesitations since they are still making money out of fees.To OP, try to buy on an exchanger and analyze how it works.