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What would happen to the markets if Satoshi appeared and starts trading his 1 Mi in BTC?
by bratao 5y ago
What would happen to the markets if Satoshi appeared and starts trading his 1 Mi in BTC?
- bubersson 5y agoThat would really depend on what Satoshi would do exactly with his/hers holding. It would probably cause volatility, but imo not larger volatility compared to what we are already used to.
- ldiracdelta 5y agoWe already have these problems in the normal stock exchange -- they're called "whales". In order for whales to capture the best value to _them_, they trade carefully and slowly so as not to shock the market.
- BreakfastB0b 5y agoThe problem is all transaction on bitcoin are public. Satoshi even moving his coins to begin trading would cause a massive freakout. Coinbase even had to disclose this risk in their IPO filing.
- ldiracdelta 5y agoYou're right. That would be more akin to massive, instantaneous inflation which could shake peoples' confidence.
- LegitShady 5y agohe could just buy all of el salvadore.