this post was submitted on 04 Dec 2023
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Microblog Memes

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Cryptoflation (lemmy.world)
submitted 11 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 5 points 11 months ago* (last edited 11 months ago) (1 children)

No, it won't even go up if nobody buys it. It will instead stay the same value it currently sits at

It will crash if everyone who still has some tries to sell it.

[โ€“] [email protected] 1 points 11 months ago

If nobody buys it for long periods of time people will see the hump and freakout and this will trigger the firesale. I am sure this happens for at least SOME products.