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To: fwdude
I have a question about these crypto markets. If you have a large amount of Bitcoin, say 1,000, and want to cash it in at these price peaks, can you do it? Will there be enough liquidity in the market to pay out in cash?

Yes and no. TONS of liquidity, to be sure. But platforms like Coinbase are notorious for "breaking" at major spikes or drops, leaving people holding the bag. Conspiracy theories abound.

14 posted on 03/08/2024 7:46:14 AM PST by montag813
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To: montag813

I own a few cryptos through Coinbase and I’m about to get out. A friend had his account hacked and they stole money from his linked bank account, which was restored by the bank after an investigation (Go Frost Bank!!!!) It seems that Coinbase didn’t follow their policy of a delay in transactions so that account owners can be notified if the transaction is fraudulent.


19 posted on 03/08/2024 7:50:23 AM PST by fwdude (.When unarmed Americans are locked up for protesting a stolen election, you know it was stolen.)
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