Quote:
Originally Posted by Jakez
I mean, can it really get totally fucked overnight? If you are paying enough attention wouldn't you notice when it starts to make a catastrophic dip and cash out immediately? Where is the huge risk for people riding it out? Besides being stupid and riding it out off a cliff lol. At least cash out and then think about getting back in if it starts climbing again... seems like common sense to me? But I guess it all just gets people too worked up being in the middle of it all and makes them make bad decisions...
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the problem will come when if it crashes and there is a mass sell off...will those who sell off actually get their money? exchangers will be out a shit ton of money if someone is selling at 200 per and then another person is buying when its low at 50 (or less) per. i have a feeling a lot of places will just close up shop and walk away with whatever money they have.