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The mt gox volume is about $300k a day. Any one of these people could sell $10k a day without making that much of a dent in the price (they used to have a $1k a
by reitzensteinm 14y ago
The mt gox volume is about $300k a day. Any one of these people could sell $10k a day without making that much of a dent in the price (they used to have a $1k a day limit but I'm sure that's not foolproof).
That would be enough to liquidate even the largest portfolio in 8 months. Certainly if you were uneasy about the market, that's exactly what you'd be doing (and maybe they are).