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RE: Bitcoin could soon see some forced selling?

in #bitcoin7 years ago

Weird they call it "forced?"
Absolutely nothing is being forced. One volunteers to lock up their money, for a higher return. Then, when it matures, they can do whatever the fuck they want.
They COULD go long and hold their BTC. They could give it to a friend or a homeless person. There are dozens of things they can do....none of which are "forced."
Weird.

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Very good point. They use the term forced most likely because they have been wanting to sell for months and months now as bitcoin is significantly higher than where they bought, but are only now going to have that option for the first time in a year. Though, "forced" is probably not the correct word.

forced to hold more like it