Post
Topic
Board Economics
Re: Stock bitcoins and stop selling. Let price go above 200$
by
tutkarz
on 13/06/2013, 12:33:22 UTC
Thats just what i thought - why can't just everyone stop selling under 680 $ :-)

Funny thing is: Buyers could do the same and just stop buying above 30$. And then?

Price will stay high and buyer will buy bitcoins at high, if they need bitcoins.

LOL!

Why not?

Price will stay low and seller will sell bitcoins at low, if they need moniez.

And believe me there are way more desperate miners out there that need to pay their bills with BTCs as there are buyers who are in a desperate need of BTCs.



who cares about miners that cant afford electricity. hash rate is high enough for now so if they cant afford mining then maybe they should simply stop this. another group of people who cares only about they profit and forgets that if they lower price then it will hurt them in the long run too.