RNGesus@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 months agoCryptoflationlemmy.worldimagemessage-square101fedilinkarrow-up11.77Karrow-down127
arrow-up11.74Karrow-down1imageCryptoflationlemmy.worldRNGesus@lemmy.world to Microblog Memes@lemmy.worldEnglish · 7 months agomessage-square101fedilink
minus-squareDa_Boom@iusearchlinux.fyilinkfedilinkEnglisharrow-up5·edit-27 months agoNo, it won’t even go up if nobody buys it. It will instead stay the same value it currently sits at It will crash if everyone who still has some tries to sell it.
minus-squareeskimofry@lemmy.worldlinkfedilinkEnglisharrow-up1·7 months agoIf nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.
No, it won’t even go up if nobody buys it. It will instead stay the same value it currently sits at
It will crash if everyone who still has some tries to sell it.
If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.