BrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 21 hours agoBitcoin investor moves $8 billion worth of crypto after 14 years, originally bought for less than $210,000 — 80,000 BTC transferred from Satoshi-era walletwww.tomshardware.comexternal-linkmessage-square21fedilinkarrow-up1110arrow-down16file-text
arrow-up1104arrow-down1external-linkBitcoin investor moves $8 billion worth of crypto after 14 years, originally bought for less than $210,000 — 80,000 BTC transferred from Satoshi-era walletwww.tomshardware.comBrikoX@lemmy.zipM to Technology@lemmy.zipEnglish · 21 hours agomessage-square21fedilinkfile-text
minus-squareikt@aussie.zonelinkfedilinkEnglisharrow-up4arrow-down1·13 hours agoyou think 8 billion would drop bitcoin irreversibly https://www.forbes.com/sites/digital-assets/2024/10/31/microstrategy-announces-42-billion-bitcoin-investment-plan/ bitcoin itself does 9 billion in volume daily also the worth is simply the stated value at the time, it obviously doesn’t take into account market liquidity as that would be difficult to measure, but you’d know this and not bother pointing it out because that’d look silly right
you think 8 billion would drop bitcoin irreversibly
https://www.forbes.com/sites/digital-assets/2024/10/31/microstrategy-announces-42-billion-bitcoin-investment-plan/
bitcoin itself does 9 billion in volume daily
also the worth is simply the stated value at the time, it obviously doesn’t take into account market liquidity as that would be difficult to measure, but you’d know this and not bother pointing it out because that’d look silly right