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by lvh 4826 days ago
I'm not sure if it can do so equally well at $1 than at $200, particularly when trying to transfer non-trivial amounts of value, due to Bitcoin's (formerly) quite limited liquidity.

I'm not sure I would have been able to purchase 100k worth of Bitcoin easily, and what would've happened to the price if I had attempted that. If I had been able to, perhaps it would've worked out in my favor.

1 comments

True, if you're wanting to transfer £100,000 then you're out of luck unless there's an awful lot of liquidity.

But then people don't seem to be making transfers that large, last I checked.