2 ms·
According to (and many others): https://mobile.twitter.com/sLabunsky/status/935641867097649152 https://mobile.twitter.com/sLabunsky/status/9356418670976491...
by deorder 9y ago
According to (and many others): https://mobile.twitter.com/sLabunsky/status/935641867097649152 https://mobile.twitter.com/sLabunsky/status/9356418670976491...
"To raise market cap. by 5B, you basically need to raise price by ~3% (%_delta = [(cap_delta / btc_count + current_price) / current_price - 1] * 100%). The total usd amount to change price by desired delta is pretty small, for BTC it is usually around 8M for 1% (easy to check)"