Post
Topic
Board Announcements (Altcoins)
Re: [ANN][XC][OFFICIAL] PoS/Privacy
by
Bitcycle
on 06/07/2014, 07:45:59 UTC


All I was arguing is that if anyone decided to "try" to sell a decent amount they couldn't.

Here's fact:  You couldn't sell 200,000 coins if you tried. Its out of the order book, meaning price goes to zero. And that's only 3.5% of the the coins in circulation.

Lastly, the above wouldn't happen. Just saying it's thin. A 1% Sell Off crashes the price 25%.  Use the trade estimator on https://bitcoinwisdom.com/markets/mintpal/xcbtc

Strato

What a ridiculous standard.

Go try to sell off 3.5% of BTC and let us know what happens.