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Is it a billion dollars, though? I mean, if you started selling them, the market price would likely go down. In other words, are there enough people looking to
by captainmuon 7y ago
Is it a billion dollars, though? I mean, if you started selling them, the market price would likely go down. In other words, are there enough people looking to buy 94504 BTC at current market value?
- giarc 7y agoI'm sure you could sell the wallet to someone bullish on bitcoin for a good sum though.
- jdashg 7y agoThis is true of any market cap valuation.
- twinkletwinkle_ 7y agoSure, but the flip side is that if you had a billion dollars you couldn't acquire this many BTC because the price would move against you the other direction.
- deleted 7y ago[deleted]
- ur-whale 7y ago> Is it a billion dollars, though? I mean, if you started selling them, the market price would likely go down It's actually a good question. Very few actors in the Bitcoin space actually know what the "global order book" looks like and how much liquidity there actually is in that market.