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Comment by davidgerard

it also has to have any market depth at that price - you can drop the BTC price $3,000 by selling $1m worth just lately, imagine having to cash out $1b "worth" into actual money

not to mention the US miners who have a "stockpile" of $1b of BTC, apparently for every possible reason other than "actual-dollar liquidity doesn't exist to sell it without crashing the price"

parent davidgerard 5 years ago

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