So do bond investors How much is $100k invested in newly issued 10yr Treasuries in 2020 worth today? heheh
Keep in mind at the time MT GOX was hacked, Bitcoin then was only about 100 dollars. Why wouldn't anyone want to take profits? I would say 50% are going to sell and 50% are going to be greedy. This might bog the market down for a little bit, but in no way are we finished. It's very funny the amount of negative nancys that come out from the rocks to tell everyone how right they are
Speaking purely about agnostics and not anyone in particular, can agnostics make a decision? Well, yes and no.
But who is right? The people saying it's going to zero? Or the people saying it's going to a million? This isn't no yin yang because there is only 1 winner, and we all know who is closer to winning...
Yeah it does look like an illiquid market. Reminds me of when I used to trade microcaps and some large seller would come and sell more shares than the average daily volume in 5 seconds & it would tank immediately.