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RE: What If Satoshi Does This On August 1st?
I don't think he could sell all of his wallet. I think bitcoin will drop like a bomb if he even tried to sell 10% of his total wallet D:
I don't think he could sell all of his wallet. I think bitcoin will drop like a bomb if he even tried to sell 10% of his total wallet D:
Yeah there would be some major slippage for sure! He could set up bots on every major exchange and blow through the orders books and cause a flash crash on all the major exchanges! And then pump the living hell out of Bitcoin Cash! Hhahahhaha. It is fun to think about!
hahaha that would be really bad if he did that D:
And what would happen with the other coins, I think it will cause just a mayor meltdown, one coin will follow after the order as people are losing trust.
Maybe a mayor crash is coming for the coins, brace yourselfs :D