RNGesus@lemmy.world to Microblog Memes@lemmy.worldEnglish · 1 year agoCryptoflationlemmy.worldimagemessage-square101fedilinkarrow-up11.77Karrow-down128
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minus-squareDa_Boom@iusearchlinux.fyilinkfedilinkEnglisharrow-up5·edit-21 year agoNo, it won’t even go up if nobody buys it. It will instead stay the same value it currently sits at It will crash if everyone who still has some tries to sell it.
minus-squareeskimofry@lemmy.worldlinkfedilinkEnglisharrow-up1·1 year agoIf nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.
No, it won’t even go up if nobody buys it. It will instead stay the same value it currently sits at
It will crash if everyone who still has some tries to sell it.
If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.