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It's not easy to buy $500,000 worth of bitcoins on the open market at "current value".
by GigabyteCoin 13y ago
It's not easy to buy $500,000 worth of bitcoins on the open market at "current value".
- nwzpaperman 13y ago+1 No market depth I expect the Chinese to expand support of cryptocurrencies to strengthen their geo-political position through a peaceful strategy like this. All other financial strategies involve interfacing with legacy financial warehouses and inventory systems which limit their leverage.
- TomGullen 13y agoSomeone bought ~$1mm on gox a few days ago without too much trouble I think
- GigabyteCoin 13y agoThey did, but it sparked a frenzy of buying shortly afterwards...