Maybe. But if an institution were to accumulate $1bn of Bitcoin through exchange... | Hacker News

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		charlesdm on Dec 18, 2017 \| parent \| context \| favorite \| on: Why you can’t cash out part 1: Bitcoin’s “price” i... Maybe. But if an institution were to accumulate $1bn of Bitcoin through exchanges, I'm pretty sure that would drive up the market cap a lot more than $1bn.

mitchellberry on Dec 18, 2017 [–]

What's the difference between that and the same company buying a pennystock?

This is how markets work.

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