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is it possible for him to withdraw all that at the market rate? Even if he withdrew regularly, wouldn't that cause him to affect the value of the bitcoins? I wo

• repsilat 13y ago
  Nah, not really. "Real" worth would be thr integral of price from current holdings to zero, not the product of holdings and price. Unfortunately that would be impossible to model (depends on future information and on how he sold it), so we just go with the simple upper-bound we have.
  • rtpg 13y ago
    if there are enough bids out there, you could do everything more or less instantaneously. I doublt there are 700kBTC worth of bids out there, but probably $20k