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I imagine the few people sitting quietly with >1k btc understand quite well the problem of liquidity, that it's impossible for them to sell of such large quanti
by alexbeloi 10y ago
I imagine the few people sitting quietly with >1k btc understand quite well the problem of liquidity, that it's impossible for them to sell of such large quantities without crashing the market and taking huge losses, their only choice if they want to cash out is to slowly trickle it out without disrupting the market.
For everybody else, whose potential trading volume is very small relative to the total btc supply pool, btc is just like any other security.
- placeybordeaux 10y agoLiquidity is a problem, but not at the 1k BTC scale. 24 hour volume was 300k BTC yesterday, so moving 1k BTC over a day shouldn't cause a market crash.
- flatline 10y agoEven moving a small amount of counts can affect the market, because there is no real anonymity: people watch the large wallet balances and large known holders for signs of coins moving to e.g. an exchange.