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It's extremely hard to exchange them into USD and trying to dump any of them would trash the price. Don't worry, you didn't lose much.

• kristopolous 10y ago
  It's much easier now. Some services make it really painless. I have much smaller stashes I've trickled into cash.
• bdcravens 10y ago
  Actually this isn't 2011. Going from zero to trading is about as complex as stocks or any other security.
  • notyourwork 10y ago
    How do you figure? I can buy some bitcoin's, send them to btc-e and start trading immediately. There is no friction involved aside from acquiring your initial BTC.
    • zdkl 10y ago
      Friction, no. Risks though...
    • bdcravens 10y ago
      I know, I was really replying to parent comment that it was "extremely difficult" to trade, and drawing comparison to other markets seemed the most apt. For those in the know, it gets easier.
• csomar 10y ago
  A few thousands will barely move the price today if he spread it over a few exchanges. Gemini otc did 3000btc in its third day of operatipnd.
• atom-morgan 10y ago
  Not even close to true.