alt Hacker NewsNaah, the moment the first million of those is sold -- the price crashes.
In other words, imagine some investor had those billions, and could buy the key. Should they? A thing is worth as much as someone is willing to pay for it.
Naah, the moment the first million of those is sold -- the price crashes.
In other words, imagine some investor had those billions, and could buy the key. Should they? A thing is worth as much as someone is willing to pay for it.
They might crash the price if they sold the whole stake in one go, sure.
But I predict that modest selling would increase the bitcoin price. Just imagine the hype from the Second Coming of Satoshi. Bitcoin would be front page news in mainstream newspapers for that week.