it takes $300,000,000,000 for gold price to go up by +1%
it takes $20,000,000 for Bitcoin price to go up by +10% ($700)
it takes $20,000,000 for Bitcoin price to go up by +10% ($700)
Well in this case it took more or less $150,000,000 if you believe all the FUD that are being posted online at the moment.
https://www.reddit.com/r/Bitcoin/comments/8bplmp/over_150_million_of_shorts_were_just_liquidated/
It is sad to see people getting burnt like that, but greed is a terrible thing. Let's hope this triggers some pump, because
things are very boring lately.
