What If everyone start selling Bitcoin?

in bitcoin •  7 years ago 

I have heard a news in the blog that bitcoin can dump back to 100$ if people start selling. It is supply and demand theory which ruin the price of Bitcoin. If somehow buyers of Bitcoin decrease and everyone start selling the bitcoin, it might dump to 100$.

Whats your opinion about this?

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If everyone sold, then yes, but highly unlikely. If anything people will dump their fiat. Pandora's box is open for good. There will always be another crypto.