Quote:
Originally Posted by crucifissio
you see when nobody wants to buy but everybody wants to sell you go out of business...
exactly...this creates panic...panic creates runs...
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Of course, but we are still at a point where more people want to buy and I personally think this will continue for years to come.
If in the same time bitcoin or a fork doesn't become something of more real value there is always a chance it will crash and create runs. But I still think this won't happen in the foreseeable future. Sure there will be corrections, but a crash I don't see happening, because we are still in a fairly early stage where if it would go down a lot there are tons and tons of people waiting to buy at that price. I think as a long term (3 - 5 year investment) it's still a very safe bet.