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According to the current orderbook on GDAX, you can market sell $50M of BTC, and the price would drop to a little above $7000 (on GDAX). So, no, you wouldn't ha
by omarchowdhury 9y ago
According to the current orderbook on GDAX, you can market sell $50M of BTC, and the price would drop to a little above $7000 (on GDAX). So, no, you wouldn't have trouble getting the buyers since they are right there on the order books, but yes, the price would fall. You'd still get your $50M.