If those holders are selling, there should be either huge sell orders or lot of liquidity.
either 1 year of endless dump and -99% of value at the end. But you right, there always will be holders. Holders that will sell to NEW holders at 50% loss. New holders will sell to very new holders at 50% loss and so on. Until price will not fall from $1200 to $0.
If that is true, then there should be plenty of liquidity any given time. Byteball still has 25 million marketcap, you can't sell 65% without being noticeable.
It's funny how some holders get extra furious of spreading FUD every time when price drops. Some other probably hold their heads because they are speechless how shitty can one community be that it undermines its own investments with FUD even more. Thanks for all the FUD, you are doing great job.
a lot of coins or project will disappear. but I hope byteball wont be one of these. the byteball is highly ambitious project that hold vast promise.
Coins that disappeared during last big bear market (after 2014) were mostly forks of Bitcoin that had slight configuration differences (kind of like ERC20 tokens now). Those remained that were different and/or had dedicated teams to support those coins (Litecoin, XRP, Dogecoin). I listened some podcast recently where some fork author just gave up because lost interest and didn't have resources to maintain the fork.
Bear market is also great time to come up with something new (Ethereum) and be productive because everybody gets distracted when price is going up during bull market, but there is high chance that many new cryptocurrencies that launched their ICOs just on whitepapers and haven't created any working product by now, won't be able to create anything valuable for next bull-run either.
Byteball is working on creating the foundation, which has the reserves for development and maintenance and Byteball also has dedicated team.
https://medium.com/byteball/the-future-of-byteball-the-byteball-foundation-cca9d495bf46