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A comment on The World's Biggest Wealth Manager Won't Touch Bitcoin. Parent comment

Re:The World's Biggest Wealth Manager Won't Touch Bitcoin by Klathmon on Friday November 17, 2017 @02:20PM (#15725132)
I disagree that everyone would cash out.

There have been crashes of bitcoin before. None "to zero" but pretty substantial, and not everyone "cashes out" right away.

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Re:The World's Biggest Wealth Manager Won't Touch Bitcoin by paulhodge on Friday November 17, 2017 @02:28PM (#15725209)
Sure you're right, some people would stay invested, some people would even re-invest during the price drop (dead cat bounce).

But the previous crashes weren't caused by any real news of a significant weakness of Bitcoin, so if there was news like that, then the crash would be worse than we've seen.

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