|
|
|
|
|
by btcd
2439 days ago
|
|
This is not true. I used to be a professional market maker in Bitcoin. This year, Bitcoin market is relatively calm in at least half of the time, meaning 12 hours out of a 24-hour day, longer than most established equity market. Under these normal conditions, trading $1m worth of Bitcoin moves the market by less than 0.01%. |
|
A trade of $10M, or 1250 bitcoins, would move the market by 6%