Skip to content

Comment on Bitcoin about to reach 500$ - Mt.Gox parent

Comments

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.

AboutSource Built by g1lg1l

Hackerly is an independent reader for Hacker News, built on the public HN API. Not affiliated with Y Combinator.