Maybe a silly question but if everyone(except the lost btc)were to sell all their bitcoin, would it bring the price way down again? #BTC #BITCOIN #Q&A
Discussion
who is buying in this scenario?
So can you only sell your bitcoin if someone else buys it? So it’s not even a possibility for everyone to sell?
That's how markets usually work.
You need a buyer for someone to sell, be it retail traders (individuals), exchanges, institutions, or companies.
All the price reflects is what someone is willing to buy it for, and the amount someone is willing to sell it for.
Gotcha. Thanks for the knowledge, I appreciate it
Everyone who has USD sells their USD all the time, but that doesn't affect the price of USD as much the increase in Supply. The money moves around and circulates.