I foresee it coming, it keeps on ringing in my ears with series of flashbacks. It will happen like a speed of light in a vacuum. Most bitcoin holders will betray bitcoin one day, they will see no value in bitcoin again, they will dump bitcoin and call it all sort of name, with all these i know there will be holders who will follow bitcoin till death apart. They will hold on no matter how tough things will be for our mother coin.My question is which side will you be?. LONG LIVE CRYPTO, LONG LIVE BITCOIN.
That's hardly possible because, even if all holders suddenly decided to sell today, they price would go down enough to attract others who have been waiting to get in. Supply and demand is at work, as long as there is use for
BTC, there would be demand and that in turn keeps it from "disappearing" from the market. Which is why I'm also not afraid of "whale dumps". Sure it will make the price fluctuate, which in turn makes it attractive. Same way as too fast a rise in price makes it unattractive and the price has to correct itself, quickly or slowly.
In the long run
BTC should slowly (not quickly) gain value, because its limited in supply, and because more people know of it and want it.