Quote:
Originally Posted by crucifissio
The problem with bitcoin is that it is a Ponzi...
Let me explain...
If just 1% of bitcoin gets cashed out it is game over...you see there are approx 16 million bitcoins so 1% is 160k bitcoins X 6000$ = almost 1billion$
Ain't no exchanger got that...piriod!...the top 1000 exchangers ain't got that and I do not think that 1000 exchangers for bitcoin even exist!
So if just 1% ever gets cashed in, a fuck is what's up LOL
Can you spell fragile?
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I see where you're wrong here, you are making your equation based on the falsity that every bitcoin in the world being stored in an exchange. So you're hypothetical situation is fucked from the gitgo.
You need to find a different scenario man, this one is very "broken".