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RE: Satoshi's nest egg is worth a cool $5 billion at current prices

in #bitcoin7 years ago

Is it still completely untouched?

I always wondered what would happened if he sold of like half of it. Hell or any of it at all. Probably mayhem in the markets lol.

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It would crush the markets for a bit... $5 billion worth of selling at current prices...

Yeah well the drop from his selloff would effect investors holdings I was thinking more of the fact that the creator of btc was “losing faith” or something. A 20% drop instantly in any coin would certainly not be the bottom of that crash lol

The current market cap is $96 billion ( We have come a long way).

So just throwing $5 billion on the market would be really bad.