Ok dumb question probably - but do these exchanges have enough fiat when big traders want to exit and book fiat profits for their clients when #bitcoin reaches, let’s say 150k ? And what if they don’t ?
Discussion
Sounds like a bank run. If they can turn off the buy button, they can turn off the sell button.
Or theoretically could US tell all their minion countries to regulate the exchanges out of business ? Would that drive the price up considering there will be a further supply squeeze? Or would it scare people and want to dump btc wherever they can for a pittance and thereby crush the price?