Post
Topic
Board Off-topic
Re: What if?
by
SirCharles
on 06/05/2020, 15:30:53 UTC
Stupid question but what if:

All major cryptocurrency exchanges turn into "bad guys" and only allow people to buy bitcoin and not sell it
do you think that this will have a positive impact over Bitcoin's price?

Yes, because if ever this might happen, Bitcoin will actually be considered as the victim in your scenario.


320.msg54374443#msg54374443 date=1588778371]
Now the reverse scenario:
All major cryptocurrency exchanges only allow people to sell bitcoin and not buy it
do you think that this will have a positive impact over Bitcoin's price?
[/quote]

Yes, same answer as above.




Also, more importantly because in your scenario... it only applies to all major cryptocurrency exchanges, there's still minor cryptocurrency exchanges, including P2P transfers that are still possible, and POS transactions as well.