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Is Bitcoin vulnerable to a “bank run”?
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2 points
by
pkfrank
on Dec 7, 2017
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3 comments
swarnie_
on Dec 7, 2017
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TL;DR. A lack of demand at the peak price causes the price to drop, potential buyers stay out hoping for a better "bargain"
This is basic economics
GrumpyNl
on Dec 7, 2017
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No, there is no bank involved. People can try to sell, but you need buyers.
cjbenedikt
on Dec 7, 2017
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Yes, you are right
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This is basic economics