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Old 04-10-2013, 08:42 AM  
BlackCrayon
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Join Date: Jun 2003
Location: Ottawa
Posts: 19,631
Quote:
Originally Posted by Jakez View Post
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...
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.
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