Shuffling money around between my savings and checking accounts doesn't mean I w... | Hacker News

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		ceejayoz on March 3, 2021 \| parent \| context \| favorite \| on: PayPal Bids $500M to Acquire Crypto Startup Curv Shuffling money around between my savings and checking accounts doesn't mean I wind up with more money. Being able to unload a Bitcoin for $50k doesn't mean the market can withstand unloading a million at that price.

rawtxapp on March 3, 2021 [–]

The market depth could handle couple million dollars without changing the price too much, but if you want to buy/sell large amounts, you'd go to OTC.

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