How hard it was to sell a big number of bitcoins in 2013-2014?

Fledicks
Posts: 5
Joined: Fri Apr 28, 2017 7:53 am

How hard it was to sell a big number of bitcoins in 2013-2014?

Tue May 02, 2017 6:06 am

How hard it was to sell a big number of bitcoins in 2013-2014?
Ningergy
Posts: 139
Joined: Thu Apr 27, 2017 5:19 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Tue May 02, 2017 7:33 am

Pretty hard tbh. There was only a handful of exchanges and that too would take like an entire day to process a transaction. For example, the price of bitcoin during those years was somewhere between $100 - $1000. So if you were carrying let's say 30k bitcoins, that would be equivalent to around $3m to $30m in assets. Moving this much amount from one account to another wouldn't be possible in single or even multiple transactions, meaning that you wouldn't be able to complete the transaction in a single day.
howard
Posts: 150
Joined: Fri Apr 07, 2017 6:03 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:33 pm

it would be hard.
jamy
Posts: 206
Joined: Mon Apr 10, 2017 10:42 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:33 pm

I didn't even know about it in these years.
Jed
Posts: 95
Joined: Tue Apr 25, 2017 5:38 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:33 pm

people were not very aware of bitcoins so it would have been really difficult.
joe
Posts: 106
Joined: Thu Apr 06, 2017 10:33 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:34 pm

definitely tougher thn present.
jordi
Posts: 89
Joined: Thu Apr 06, 2017 10:38 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:34 pm

it would have been definitely tough as people were not very aware of bitcoins.
joseph
Posts: 84
Joined: Thu Apr 06, 2017 7:52 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:34 pm

it would have been harder.
josh
Posts: 96
Joined: Sat Apr 08, 2017 11:24 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:35 pm

tough , it was very difficult to sell bitcoins in 2013-2014.
jsutee
Posts: 89
Joined: Thu Aug 31, 2017 6:17 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:35 pm

majority didn't even know about it back thn, so it would have been very hard.
Justin
Posts: 89
Joined: Tue Apr 25, 2017 5:39 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:35 pm

selling out now a days is not a very easy task, so in 2013-14 it would have been harder.
karim
Posts: 234
Joined: Wed Apr 19, 2017 7:31 am

Re: How hard it was to sell a big number of bitcoins in 2013-2014?

Wed Oct 11, 2017 12:36 pm

it would must have been very difficult.

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