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<blockquote data-quote="JayJuanGee" data-source="post: 426506" data-attributes="member: 5330">@ McQueen - someone was holding the 92-ish Bitcoins when they depreciated - was it Bitpay?&nbsp; &nbsp; Alternatively, does Bitpay have such a high turn over with their Bitcoins and/or cash that they are able to off load them fairly quickly?&nbsp; &nbsp; No matter what, as more people invest into Bitcoins, there will be more people holding onto them during these fluctuations, including the Winkledorfs - and so far, no problema in holding onto them... so long as a guy does NOT panic and sell in a dip (which inevitably seems to happen to some people).&nbsp; As we know, so far BTC has been returning back to previous values and surpassing those previous values, which seems to me going to continue, until such time that there is some kind of govt crack down or major scandal...&nbsp;&nbsp; .. which may or may NOT take place.I don't buy the claims that BTC is a ponzi scheme or a bubble... but I do buy that there are likely various status quo interests, including big business and some already rich people, like bankers, who do NOT want to have their cushy situations messed up by the Newly rich BTC early adopters.&nbsp; And some of the various status quo interests will likely engage in various tactics&nbsp; to undermine and/or sabotage BTC.</blockquote>

[QUOTE="JayJuanGee, post: 426506, member: 5330"] @ McQueen - someone was holding the 92-ish Bitcoins when they depreciated - was it Bitpay? Alternatively, does Bitpay have such a high turn over with their Bitcoins and/or cash that they are able to off load them fairly quickly? No matter what, as more people invest into Bitcoins, there will be more people holding onto them during these fluctuations, including the Winkledorfs - and so far, no problema in holding onto them... so long as a guy does NOT panic and sell in a dip (which inevitably seems to happen to some people). As we know, so far BTC has been returning back to previous values and surpassing those previous values, which seems to me going to continue, until such time that there is some kind of govt crack down or major scandal... .. which may or may NOT take place. I don't buy the claims that BTC is a ponzi scheme or a bubble... but I do buy that there are likely various status quo interests, including big business and some already rich people, like bankers, who do NOT want to have their cushy situations messed up by the Newly rich BTC early adopters. And some of the various status quo interests will likely engage in various tactics to undermine and/or sabotage BTC. [/QUOTE]

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