Yes but people dump out of panic. Then it hits a threshhold and every autotrigger people have setup fires at once and the price skyrockets. Then you can resell at the new higher price and wait for it to stabilize and buy.
A friend of mine out in Seattle just put 100k down on a house ALL off of bitcoin money. Half he made by making them and being an early adopter, the other half he made day trading them. The fees are so small even a fluctuation of 20 or 30 cents he was making $200-300, reinvesting it in coins and starting it all over again.
BTs bottomed out around $80 and there are active sales over $130 now. In a period of less than 12 hours. If you were sitting on 500 BTs and flipped them all you'd end up with 800+ coins if you timed it right. Assuming the price stabilizes around $120 where it was at you would have made yourself $36,000+ for clicking 2 buttons, not a bad day at the office.
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