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A comment on If Winklevoss tried to cash out, they’d probably crash the Bitcoin market.

Re:If Winklevoss tried to cash out, they’d probably crash th... by Idontrmbrlogin on Thursday December 21, 2017 @01:23PM (#15981405)
This seems to be inaccurate. The twins could choose to simply sell the private key in a private transaction. Assuming they didn't create one wallet with 50,000 bitcoin, they could even sell portions. This gets them paid AND puts the onus for moving the coins to a new address on the new owner. They could exit in 5 minutes if another billionaire wanted their coins bad enough.
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Re:If Winklevoss tried to cash out, they’d probably crash th... by mac01021 on Thursday December 21, 2017 @01:41PM (#15981566)
> simply sell the private key in a private transaction

Then why not sell it three times to three separate parties? And also keep a copy of the key and engage in some spending from the wallet themselves?

I'm not saying that these particular people would engage in such trickery. But I would be very wary of any proposition to sell me bitcoins in an out-of-band transaction of this kind.

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Re:If Winklevoss tried to cash out, they’d probably crash th... by Idontrmbrlogin on Thursday December 21, 2017 @04:27PM (#15982941)
Agreed, not saying it is smart but it IS possible.
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