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A comment on Bitcoin’s Overnight Collapse Probability Is About 50%. Parent comment

Re:Bitcoin’s Overnight Collapse Probability Is About 50% by jMyles on Tuesday February 16, 2021 @11:23AM (#26155469)
> I could see it being banned by the US government and others...

It's difficult to imagine this causing the price to go any direction other than up.

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Re:Bitcoin’s Overnight Collapse Probability Is About 50% by jwblackwell on Tuesday February 16, 2021 @01:53PM (#26157362)
It would likely cause a short term shock, especially if people were forced to sell quickly. Essentially a lot of shorter term traders would quickly exit the market.

Though in the longer run, assuming the network stays up (I see no reason why not), I also think it would strengthen the case and we'd see prices continue to climb.

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Re:Bitcoin’s Overnight Collapse Probability Is About 50% by Tepix on Tuesday February 16, 2021 @11:35AM (#26155654)
I believe the opposite to be accurate, as we have seen in the past.
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Re:Bitcoin’s Overnight Collapse Probability Is About 50% by jMyles on Tuesday February 16, 2021 @11:46AM (#26155826)
> as we have seen in the past

To what do you refer here?

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Re:Bitcoin’s Overnight Collapse Probability Is About 50% by orwin on Tuesday February 16, 2021 @01:19PM (#26156982)
Korea banning BTC i think? Unless its china? the price dropped a lot.
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