I was reading on some threads here and it made me wonder what will actually happen if the price of bitcoin continues to drop? And who will be affected more by this: bitcoin miners? Buyers? What do you think guys?
Everyone who hold bitcoin will definitely the one who'll suffer, this what causes panic sellers. They were scared about getting nothing after investing so much money on it. On the other hand buyers will benifit from this as the price goes down there were some who take advantage of it to buy btc so that they will be the one to hold it now, so when the time comes that btc price rise again they will be the one who will be lucky. I think this is how btc really works.