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Sell 10% of stocks in a day and the price will dive 100x too.
by Sargos 8y ago
Sell 10% of stocks in a day and the price will dive 100x too.
- isk517 8y agoA stock is still tied to a company that produces something. If 50% of Apple was sold tomorrow regardless of what happens to the stock price in the short term people know in the long term a new iPhone will be released in September and the company will still make money hand over fist. Bitcoin on the other hand only has value because of people buying or selling it.
- juskrey 8y agoYes, that's why company total stock value and bitcoin value are both equal BS. It's just last sucker's price multiplied by total. Anything nonlinear can't be measured like that.