Re:Trust in blockchain-based systems
by droffel on Tuesday April 20, 2021 @10:39PM
(#26884824)
> just 9000 btc
For context, that is nearly half of a billion dollars worth, it is hardly a small amount. Try selling half a billion dollars of anything on short notice and you'll observe similar market reactions. I think that the fact that the market swallowed up that kind of volume is indicative of Bitcoin becoming more mature in a market sense, not less.
For context, that is nearly half of a billion dollars worth, it is hardly a small amount. Try selling half a billion dollars of anything on short notice and you'll observe similar market reactions. I think that the fact that the market swallowed up that kind of volume is indicative of Bitcoin becoming more mature in a market sense, not less.