Re: Wall Observer BTC/USD - Bitcoin price movement tracking & discussion
The real madness will start once Bitstamp hits $1000. $1000 will seem cheap next week.
That will happen today i think. Possibly very soon.
Someone wants to cash out $3M on Stamp at exactly $1k. Any whale wants to exchange a few of his millions for a 3 thousand BTC?
I guess its fun when you request a $3M withdrawal on Stamp. I can imagine the face of your bank manager when that wire arrives, especially if you never had a balance greater than a few k's
I'm sure there is a buyer but thanks to our banking system, they cant move $3million as quick and easy....
I did transfer of five figures and my bank asked me all kind of questions..... some even privacy related.
Base on my experience, if what you said happen, (million of dollars to an few k balance account), the bank will freeze your account.