Is Bitcoin vulnerable to a “bank run”?
2 points by pkfrank 7 years ago | 3 comments- swarnie_ 7 years agoTL;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 7 years agoNo, there is no bank involved. People can try to sell, but you need buyers.
- cjbenedikt 7 years agoYes, you are right