bitserve
Hero Member
*****
Offline Offline

Activity: 882
Merit: 761


HODL.


View Profile Personal Message (Offline)

Ignore
December 07, 2017, 05:17:53 PM

It hit 15k last night?

At what point would a whale not sell simply because there is not enough room to stick all the fiat somewhere? I joke about the Lambo thing, and how many you can fit in a driveway, but really doesn't the utility value of money just go out the window at some point?

That is an interesting point and in fact I think it is already happening somehow. Why to sell when you already have a bunch of spare millions in your account?

Same could be applied to lesser stashes that already feel that they have cashed much more than they really need in the short/medium term.