46 upvotes, 2 direct replies (showing 2)
View submission: Don't invest recklessly
The price doesn't go immediately to zero. It just goes down. Until there IS a buyer. It only goes to zero if there are no buyers at **any** price. Short of some miracle hack that renders Bitcoin useless, this won't happen.
Comment by borges6127 at 01/12/2017 at 10:56 UTC
3 upvotes, 2 direct replies
True, but that won't help all those people who bought at ten times the price, believing there would be a money reserve from which they could safely get at least most of their investment back.
Comment by DontGetMadGetGood at 07/12/2017 at 00:48 UTC
3 upvotes, 1 direct replies
It only goes to zero if there are no buyers at any price.
in reply to
If there are no more buyers
Really makes u think huh