7 ms·
If you can quickly sell 42M worth, it's risk free. Otherwise, you're betting on the long term viability of Ripple.
by s17n 9y ago
If you can quickly sell 42M worth, it's risk free. Otherwise, you're betting on the long term viability of Ripple.
- runeks 9y agoThat’s a fair point. I’m not sure how much the Ripple/USD market can actually handle. Probably a lot less than a $1bn market sell order. And selling them slowly isn’t really a solution if people know what’s going on, since they will then front-run the large sell, thus eating up buy orders and lowering the price before everything has been sold off.