Hacker News new | past | comments | ask | show | jobs | submit login

Except for the fact that Bitcoin's current 24hr trading volume is in the billions.



Shuffling money around between my savings and checking accounts doesn't mean I wind up with more money.

Being able to unload a Bitcoin for $50k doesn't mean the market can withstand unloading a million at that price.


The market depth could handle couple million dollars without changing the price too much, but if you want to buy/sell large amounts, you'd go to OTC.




Join us for AI Startup School this June 16-17 in San Francisco!

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: