Quote:
Originally Posted by Raekwon
I'm talking about right now. During the boom it wasn't hard because people were pouring money in to back the currency value but at the end of the day we are saying a bitcoin is worth $8k with no money to back it. If everyone wanted to cash in today they couldn't.
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On Bitfinex alone 160 million is BTC has been purchased and sold in the last 24 hours
Obviously if everyone wanted to sell the price would crash. This is the same for any stock or asset .
Over a billion dollar in BTC change hands every day. It is not hard at all to sell for the price shown. Use any exchange ! Just like selling a stock