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RE: The Latest from The Winklevoss Twins on BTC
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
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.