Sure you can. If you do it over a few months, it will get absorbed by market because there are buyers (as of today). Though this is kind of unprecedented, so markets could find this kind of event bearish and front run your sells which tanks the price. But I can't imagine I'd care if I held for 14 years. There is also USDT which is much bigger than USDC.
Also if you approach Coinbase/Kraken/$exchange and tell them you have X million to offload, they'll probably let you do it off-market, so no one (except for the ledger, obviously) would really notice.
Compared to the “Magnificent Seven”, Bitcoin’s volatility has put it in the middle, while it’s performance puts it at or near the top depending on the time window.
I find it odd that someone would make a comparison between bitcoin and other financial assets, as if bitcoin was just another financial asset and its theoretical price wasn't zero... which is a pretty big market anomaly. Normally, when you find a market anomaly, you try to explain it. But these analysts, they pretend that there's no anomaly. They just don't talk about it, in the hopes that nobody will notice.
It could be compared to other assets in the asset class of assets that have no intrinsic value (e.g. other crypto-currencies). I think that would make sense.
If the Bitcoin Sovereign Wealth Fund scam that was announced after Trump's election is launched, there will be a price bottom that is financed by public funds.
I'm not sure what has come of it. Trump is doing well with his own coins:
You would have to arrange a bunch of off market transactions, Probably spread over several different exchanges. Doable, but I reckon you would end up with closer to 6 billion
Yes. And note that Coinbase for example charges retail around 1.5% or so on average, but only a few basis points to institutional clients last time I ran the numbers. Surprise.
