If You Had Bought Crypto – How rich would you be if you invested in Crypto?

Re:If You Had Bought Crypto – How rich would you be if you i... by ucha on Tuesday December 19, 2017 @02:31PM (#15963326)

To put it in perspective, the daily volume in BTC is a few 100,000s. 5-600'000 BTC is $10B. Sure the Winklevoss twins can't liquidate their entire holding in a week but if you only have a few million dollars worth of bitcoin, you can liquidate in a few days without moving the price significantly.

The other major crypto-currencies are more or less liquid in proportion to their market cap.

[ Parent | on HN ]

Re:If You Had Bought Crypto – How rich would you be if you i... by etr-strike on Tuesday December 19, 2017 @02:33PM (#15963360)

Not sure what you’re measuring... gdax alone averages around 25k btc traded per day. At today’s price that’s 450mil usd

[ Parent | on HN ]

Re:If You Had Bought Crypto – How rich would you be if you i... by ucha on Tuesday December 19, 2017 @02:45PM (#15963496)

Thanks, I mistakenly wrote million instead of billion. Edited.

[ Parent | on HN ]