Post
Topic
Board Trading Discussion
Re: What if everyone withdrew their coin in fiat?
by
mocacinno
on 09/10/2017, 06:37:19 UTC
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.