Post
Topic
Board Bitcoin Discussion
Re: Bitcoin and recession
by
mk4
on 11/09/2019, 14:56:41 UTC
You are right. Just I expect that the (sum of) money of all those try-to-get-rich-quick is no match for the really big whales, the ones that have bitcoins enough to buy entire businesses.
True. That's also really possible.

Also the small fishes don't affect the price, since they don't buy or sell all at once, while we've seen the whales doing that.
Yes, they might be small fishes. But all together? Could be a huge ass school of fishes that could start a sort of domino effect on the markets as they slowly(not necessarily at the same time) dump their coins.

But then again, we really don't know what's going to happen. We can only speculate for now. Time will tell. Tongue