> they can't sell their coins without crashing the market
They should be able to, with the yearly supply of mined coins at just over 1% of the circulating supply.
They should be able to, with the yearly supply of mined coins at just over 1% of the circulating supply.
Selling off large amounts will push the price down, simply because you're going to run out of people buying for the high price. Then people realize you're dumping coins, and then realize since you need to get rid of them, they can buy for cheaper since you need to unload them, so why spend more? And also the psychological aspects of dumping coins (why are miners dumping unless they thought they would go down).