Hacker News new | ask | show | jobs
by rawtxapp 1941 days ago
Except for the fact that Bitcoin's current 24hr trading volume is in the billions.
1 comments
ceejayoz 1941 days ago
Shuffling money around between my savings and checking accounts doesn't mean I wind up with more money.

Being able to unload a Bitcoin for $50k doesn't mean the market can withstand unloading a million at that price.

link
rawtxapp 1941 days ago
The market depth could handle couple million dollars without changing the price too much, but if you want to buy/sell large amounts, you'd go to OTC.
link