Quote:
Originally Posted by DVTimes
One hears of people with millions worth of bitcoin.
But will firms pay out?
I wonder if firms will pay you millions for your bitcoins knowing the next day the value will drop, and what firm will have funds to pay out millions?
Most people out of greed will hold onto bitcoins hoping they gain more value, and will probably sell when they see the value drop At that point I fail to see any business paying you millions for something that is dropping in value.
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Your question doesn't make much sense.
Exchanging 100BTC (5mio) to USD means nothing and value of BTC won't drop.
What firms? It doesn't mean that one party will pay for all your BTC; it's executed with multiple smaller events that cover the full amount.