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I don't think grandparent comment is arguing that. The post is about a transfer of 195k bitcoins (not dollars) from one wallet to another, all at once. However
by nandemo 13y ago
I don't think grandparent comment is arguing that.
The post is about a transfer of 195k bitcoins (not dollars) from one wallet to another, all at once. However, as grandparent comment points out, the title is inaccurate: even if this transaction indeed involved an exchange of dollars, it's incorrect to assume that the dollar amount was 195k × (current BTC/USD rate).
You could probably make such an assumption for, say, JPY/USD, because the daily volume of yen trading is measured in hundreds of billions U$. Not so with bitcoin.
- nly 13y agoThanks, that's a very concise and precise way of conveying what I was trying to get across.