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Try 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 percen
by imaginenore 10y ago
Try 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.