You are viewing a single comment's thread from:
RE: A few words to STEEM believers and those that may be wavering
That's $ 24bn lost by early bitcoin miners who lost faith.
One could argue if those coins were in circulation and were to be liquidated it would further push the price downwards , so sucks for the owners but not so much for others.
Chances are, those account holders wouldn't sell much. Would you sell more than 10% of a $10,000,000 holding if you have seen it rise so much and see it still rising?
Depends on the distribution ..who got how much coinage !!