Right, but since the value of the coins is calculated as $ to whole Bitcoins, whereas the actual transactions can be in numbers much smaller then whole Bitcoins, there's no reason you couldn't cycle say, $10 of BTC until you got to 0.01c in value.
Meantime, the exchanges would keep looking like there were "a lot" of transactions for BTC worth a huge amount.
It wasn't long ago someone dumped $5000 of BTC and the price dropped "worldwide".
I am not really sure what you are thinking of doing?
You cannot drop the price worldwide with merely $5000 of BTC. If you buy, sell, buy, sell, etc, in cycle, you are not going to cause the price to continuously increase or decrease.
You can split a sell or buy order for $5000 in numerous small transactions, but it will have no more influence than a single $5000 transaction.
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Most Bitcoin exchanges have transaction fees around 0.5-1.0%
Right, but since the value of the coins is calculated as $ to whole Bitcoins, whereas the actual transactions can be in numbers much smaller then whole Bitcoins, there's no reason you couldn't cycle say, $10 of BTC until you got to 0.01c in value.
Meantime, the exchanges would keep looking like there were "a lot" of transactions for BTC worth a huge amount.
It wasn't long ago someone dumped $5000 of BTC and the price dropped "worldwide".
I am not really sure what you are thinking of doing?
You cannot drop the price worldwide with merely $5000 of BTC. If you buy, sell, buy, sell, etc, in cycle, you are not going to cause the price to continuously increase or decrease.
You can split a sell or buy order for $5000 in numerous small transactions, but it will have no more influence than a single $5000 transaction.