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A comment on Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn. Parent comment

Re:Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn by buzzert on Monday September 16, 2024 @08:11PM (#41562590)
I think the other factor to consider is that once you try to sell $200B worth of Bitcoin, the value of Bitcoin suddenly drops to near zero (due to supply/demand).
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Re:Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn by mikhailfranco on Tuesday September 17, 2024 @12:29PM (#41569424)
Which is also why all those company market caps you see quoted everywhere are totally ridiculous. A company is not worth the latest price of a small share transaction multiplied by all the outstanding shares.
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Re:Bitcoin puzzle #66 was solved: 6.6 BTC (~$400k) withdrawn by Dylan16807 on Tuesday September 17, 2024 @02:31PM (#41571032)
There's enough depth in the stock market to make company market caps pretty real. If you had a big chunk of a company, you could sell it for close to the trading price. I'd be shocked if you couldn't get half, as a nice round example number.

I would not be shocked if trying to sell $200B in bitcoin gets you far less than half.

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