5 ms·
And maybe the 5k seller wasn't even trying to game the system. He/she just wanted to get out. Imagine a hedge fund with an order of magnitude more monetary mas
by gyom 14y ago
And maybe the 5k seller wasn't even trying to game the system. He/she just wanted to get out.
Imagine a hedge fund with an order of magnitude more monetary mass trying to provoke those kind of sell offs and benefit from them.
- cadetzero 14y agoIt totally stands within reason that until it has wide spread adoption and regular people stop caring about what the exact exchange rate is that we will see large runs like that. As I stated, we have several people (myself included) invested to make money and take care of an investment, not to use a daily currency.
- Helianthus 14y ago...this is exactly why it will fail.
- mrb 14y agoNo. There were already massive amounts of people exiting the market in 2011 (price went down from $30 to $2 in 6 months) yet Bitcoin did not fail.