Post
Topic
Board Economics
Re: Falling Price To save Bitcoin
by
echris1
on 06/09/2011, 10:32:43 UTC
MtGox likely has more than 2 million. (most of that might be reserve, though).

Most of it is not owned by them at all. Being an exchange they keep large amounts of all involved currencies for the customers Wink
If they decided to sell it all, few people would even bother to withdraw Smiley.

You would need someone to actually buy this many, you can't just dump 7 million coins at once, the market isn't that deep.