Post
Topic
Board Economics
Re: So if you want to help the economy...
by
Akka
on 10/04/2013, 08:56:28 UTC
I am sorry, I though you knew how the markets work...

I apologise - I've assumed wrongly!

/end sarcasm

In my example above, I am not buying Bitcoins, it just happened that I have 125,000 of them, itching my hand to spend and "help" the economy.

And yes, I am pretty certain of my estimate that creating a instant sell order for BTC125,000 will bring down the price +/- 30%, probably over few days.

Then why did you disagree to my example where I talked about buying BTC to spend them?

I am sorry, I though you could read...

I apologise - I've assumed wrongly!

/end sarcasm
,
Still that's a borderline case infolding over 1% of all coins in existence.

If I would exchange 1% of all € in existence for $ this would have the same effect on the Value of the € (not as extreme though, but only due to a grater liquidity).

Are you saying I should not buy things from the US for my €s to not crash the €?