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0 sats \ 2 replies \ @BlokchainB 3h \ on: Is MicroStrategy Just a Bitcoin Time Bomb Waiting to Explode? bitcoin
Would it crash the market?
Yes it would. Simple supply and demand dynamics. If Saylor dumped his 600k+ coins on the market it would be catastrophic drawn down that would put Bitcoin in a deep bear market.
Or is todays liquidity deep enough that retail plus institution would absorb it?
The order book is not deep enough to absorb such a massive sale of coins. It will definitely tank the market
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53 sats \ 1 reply \ @spiderman 56m
But I will get bitcoin at a discount and it will further decentralise the ownership?
I am always a huge fan of Whale liquidation as it reduces a single entity's influence on the market.
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0 sats \ 0 replies \ @BlokchainB 51m
That’s if people take advantage a few will a majority won’t
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