News for hackers. Stuff that matters.
Re:Crypto Market Tops $1T as Bitcoin Breaches $37,000 by rwmj on Thursday January 07, 2021 @10:11AM (#25671918)
Can you get your money out? As far as I know these prices are entirely notional, or maybe you can get only scam money (Tether) for your Bitcoin.
Re:Crypto Market Tops $1T as Bitcoin Breaches $37,000 by onyb on Thursday January 07, 2021 @10:31AM (#25672129)
In other news, Coinbase filed for an IPO. Of course you can get your money. It's near-instant with at least the popular exchanges.
Re:Crypto Market Tops $1T as Bitcoin Breaches $37,000 by drchopchop on Thursday January 07, 2021 @11:00AM (#25672485)
Can an institutional investor get $100M+ out without crashing the market?
Re:Crypto Market Tops $1T as Bitcoin Breaches $37,000 by onyb on Thursday January 07, 2021 @12:27PM (#25674102)
Microstrategy's $425M buy order was brokered by Coinbase, and it didn't shoot up the price. Anyway, exchanges will usually deny placing such large orders. Institutions use OTC desks instead, and there are plenty of them these days.