You are viewing a single comment's thread from:

RE: The Latest from The Winklevoss Twins on BTC

in #btc7 years ago

I’ve read that they have an estimated 1%. Which with current prices is billions. I think it’s kind of scary. If they wanted to they could sell everything and destroy the value

Sort:  

The bitcoin market is doing so much volume right now that even if they decided to dump all at once, it would just be a blip for a day or two then things would go right back to normal. I believe the bitcoin markets are doing something like $6 billion USD per day right now.