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20 sats \ 1 reply \ @Scoresby OP 16 Jan \ parent \ on: Dumping a fork coin doesn't crash its price bitcoin
The real crash happens when we have the alternative or when we don't have any buyers.
This is exactly what I'm saying. When it comes to a coin, what makes the price go up or down is changes in how much people want it.
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0 sats \ 0 replies \ @Coinsreporter 16 Jan
Wow! I managed to give the briefest summary of what you wanted to say.
It was a wonderful article, btw. There's so much to learn if we are to teach someone.
I'm not an economist, not so good at technical aspect of trading but I've been trading for a long now and I've only seen anything crash when it became either irrelevant or something better had taken over.
So, until or unless we have something better as money than Bitcoin, there is little to no chance of a crash.
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