Pardon my Bitcoin ignorance, but you can sell, say $1 million worth of coins and... | Hacker News

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		OGinparadise on March 7, 2013 \| parent \| context \| favorite \| on: Bitcoin goes up $10 in just one hour Pardon my Bitcoin ignorance, but you can sell, say $1 million worth of coins and not crash the price? How thinly is this traded? 20%+ or - in hours can't be good

redegg on March 7, 2013 [–]

No, you would bring it down maybe $10-20.

jackmoore on March 7, 2013 | | [–]

And what would it bring it down to if it that drop caused a mild panic in the market?

dj2stein9 on March 7, 2013 | | [–]

Any idea what the total volume (in $) traded per day is?

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