User avatar
MarkRoberts
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 483
Joined: Wed Jan 13, 2021 10:19 am

What will happen if everyone started selling their Bitcoins?

Thu Mar 11, 2021 10:30 am

Same thing that happens in a stock market when bad news comes for a company. Theoretically a company like Apple could be worth 0 overnight, although its unlikely to happen. If people don’t want to pay anything for it, it has no value. You can’t sell what has no value. Bitcoin will always be worth something as long as the network is functioning the way it was designed and isn’t hacked...


[url]mycryptoparadise.com[/url]

User avatar
OscarD4vidSon
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 12
Joined: Tue Dec 15, 2020 10:26 pm

Re: What will happen if everyone started selling their Bitcoins?

Thu Mar 11, 2021 9:54 pm

Obviously, the price of Bitcoin would start reaching the bottom if everyone started selling BTC savings. But I'm pretty sure that the likelihood of such a situation is almost impossible because there are a lot of big whales in the market which will start collecting all of these sellings and the price falling will be delayed by support levels. I can't even imagine what kind of situation can trigger the massive BTC selling.

User avatar
myrocknrolla
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 29
Joined: Fri Oct 16, 2020 1:34 am

Re: What will happen if everyone started selling their Bitcoins?

Fri Mar 12, 2021 8:18 am

I don't think that it will happen. Did you saw the last bitcoin price?

User avatar
JackBoManHorse
Posts: 9
Joined: Sun Dec 02, 2018 2:25 pm

Re: What will happen if everyone started selling their Bitcoins?

Fri Mar 12, 2021 5:31 pm

Well, I don't expect its value will grow that way. I guess dome people will buy them hoping to get a better income in the future. But as I am not a professional, I can't say for sure. However, I think I would buy some bitcoins. Now I save money in crypto and try to pay on them on fairspin io. I appreciate that they use blockchain technology. So, I have an opportunity to check if a game is fair or not. I do not know your attitude to gamble, guys. But I don't think usual gambling and crypto gambling are the same. I play the Aviator game that is much more interesting than those games offered in casinos. The chat always makes my day!

User avatar
DanielWaters1
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 24
Joined: Tue Dec 15, 2020 10:58 pm

Re: What will happen if everyone started selling their Bitcoins?

Sat Mar 13, 2021 6:16 pm

The price will drop, but it’s not good for the big holders.

User avatar
WalletInvestor
Bronze Bitcoiner
Bronze Bitcoiner
Posts: 319
Joined: Tue Aug 11, 2020 8:18 am
Contact: Website Twitter

Re: What will happen if everyone started selling their Bitcoins?

Mon Mar 15, 2021 3:19 pm

You are right when you compare it to a stock, but yeah I don't think there's any probability that this will happen in the future.
Check out the latest forecasts and news about cryptocurrencies, stocks, forex pairs and more on WalletInvestor.com

User avatar
Dogas
Nickel Bitcoiner
Nickel Bitcoiner
Posts: 21
Joined: Sat Aug 15, 2020 4:55 pm

Re: What will happen if everyone started selling their Bitcoins?

Sat Apr 03, 2021 12:55 pm

It is impossible that all sold their Bitcoins. To do this, they someone has to buy, and on the condition - all sell. But suppose that many are selling and who is buying - Bitcoin will fall in price. But the time will come when Bitcoin will be in short supply and new will grow in value.

Return to “Bitcoin Discussion”

Who is online

Users browsing this forum: No registered users and 3 guests