How Expensive is a Bitcoin Dump? – Hacker Noon

in #dlike6 years ago

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Still on the market manipulation topic, ever wondered how much would be needed to cause a 7% drop on the Bitcoin price?

 

This guy have done some math...

 

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Between 8PM and 9PM Eastern Time on October 10, 2018, the market saw a huge drop in Bitcoin price. On Coinbase, it plummeted from $6,500 to just barely above $6,000. This approximately 7% dip…


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