3 ms·
Whoops, thanks. It wasn't until February 2011 that BTC hit $1.00.
by sillysaurus3 9y ago
Whoops, thanks. It wasn't until February 2011 that BTC hit $1.00.
- simonebrunozzi 9y agoAnd, buying $3,000 BTC at $1.00 in 2011, means that today you would be worth $10M, not $1M.
- AstralStorm 9y agoThe trouble with alleged worth is that liquifying this much BTC is going to be problematic even at current market cap.
- makomk 9y agoLooking at the activity on Bitstamp right now, I don't think selling a few thousand BTC even affects the price noticably. Someone just sold almost 30,000 BTC for within half a percent of the previous trade - which is basically just the bid/ask spread these days.
- mrb 9y agoNot at all... $10M (3k BTC) is a drop in the bucket at current volumes. Bitfinex weekly volume is $640M (200k BTC). http://bitcoinity.org/markets/list?currency=ALL&span=7d http://bitcoinity.org/markets/list?currency=ALL&span=7d