Post
Topic
Board Economics
Re: bitcoin goes down, no new rich people anymore
by
Chrystora123
on 21/11/2019, 22:12:19 UTC
because bitcoin prices dropped as a result no new rich people arrived suddenly. . . on the contrary, many people go bankrupt because they suffer losses ... haha ​​haahaa
they only lose the value of their Bitcoin, not their own Bitcoin.. Bankruptcy is completely losing everything, including assets and value.  as long as they HODL Bitcoin they have as long as possible (until prices rise) then they only lose the value of assets, so it's not bankrupt, it's just an asset depreciation