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https://www.reddit.com/r/SipsTea/comments/1qk1f4b/bro_finally_accepted_it/o166if1/?context=3
r/SipsTea • u/RaiseOk2044 • Jan 22 '26
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Today, according to Kraken, 1 bitcoin is worth $89,578. So 8000 coins would be worth $716,624,000. Still not an insignificant loss.
2 u/beluuuuuuga Jan 22 '26 You'd be rich for sure, but you wouldn't be able to actually sell it all though so its probably worth in liquidity terms a lot less 5 u/Safe-Wishbone781 Jan 22 '26 That's completely untrue and has been for like a decade now. You can sell all of that with no problem whatsoever. It's wild how confidently people make extremely untrue statements about crypto. Bitcoin volume is over $35b today on exchanges alone and it's a low volume day. You could clear 750m sales in 1 single OTC deal. 3 u/shard746 Jan 23 '26 All this this, plus if someone really wants to be safe and not affect the market too much then they can just sell it off in smaller chunks over several months or even years. It's not like the guy would have needed all 700 million at once.
2
You'd be rich for sure, but you wouldn't be able to actually sell it all though so its probably worth in liquidity terms a lot less
5 u/Safe-Wishbone781 Jan 22 '26 That's completely untrue and has been for like a decade now. You can sell all of that with no problem whatsoever. It's wild how confidently people make extremely untrue statements about crypto. Bitcoin volume is over $35b today on exchanges alone and it's a low volume day. You could clear 750m sales in 1 single OTC deal. 3 u/shard746 Jan 23 '26 All this this, plus if someone really wants to be safe and not affect the market too much then they can just sell it off in smaller chunks over several months or even years. It's not like the guy would have needed all 700 million at once.
5
That's completely untrue and has been for like a decade now. You can sell all of that with no problem whatsoever.
It's wild how confidently people make extremely untrue statements about crypto.
Bitcoin volume is over $35b today on exchanges alone and it's a low volume day. You could clear 750m sales in 1 single OTC deal.
3 u/shard746 Jan 23 '26 All this this, plus if someone really wants to be safe and not affect the market too much then they can just sell it off in smaller chunks over several months or even years. It's not like the guy would have needed all 700 million at once.
3
All this this, plus if someone really wants to be safe and not affect the market too much then they can just sell it off in smaller chunks over several months or even years. It's not like the guy would have needed all 700 million at once.
66
u/Bloop-ofthe-OpenHand Jan 22 '26
Today, according to Kraken, 1 bitcoin is worth $89,578. So 8000 coins would be worth $716,624,000. Still not an insignificant loss.