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Well, except, try selling 5% of Bitcoin and see what's gonna happen!
by nikolay 10y ago
Well, except, try selling 5% of Bitcoin and see what's gonna happen!
- imaginenore 10y agoTry selling 5% of the dollar and see what happens. It will go to near zero on every single exchange. That's how liquidity works. Pretty much never large percentages of commodities/currencies are traded on exchanges.
- runeks 10y agoThat's not the point. Bitcoin is being compared to Twitter. If you have majority stock in Twitter, you can probably buy the rest at a reasonable price. Not so with Bitcoin, or any other currency/medium of exchange.
- nikolay 10y agoIf you sell 5% of Twitter, you won't see much of an action compared to Bitcoin!
- imaginenore 10y agoIf you sell 5% of Twitter stock, it will go to near zero as well.