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Coffeezilla
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Comments by "" (@ericp1139) on "Confronting an Accidental Crypto "Billionaire"" video.
His crypto is traded on an obscure exchange; that’s if it’s still being traded. That means low liquidity, which is how you can inflate a price quickly, but it can crash just as fast when there’s nobody to buy your sells. This is true in any market.
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Bitcoin has been the best performing asset of the decade. What are you all talking about?
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It’s traded on some obscure exchange with low liquidity. It doesn’t take much to make the price skyrocket. Same thing works the other way; if there’s not enough buyers to cover his sells, the price crashes.
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