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Title: What would be the cost of keeping BTC - USD exchange rate < 200 ?! Post by: btcusr on July 09, 2013, 03:46:42 AM I am not sure whether I have to post this to speculation, but this is more of a trading / exchange rate question.
Lets assume bitcoin generates interest among general public, and every month, the amount of money comes in to bitcoin exchanges is $5 million; and other markets like euro, GBP, yen, etc. are negligibly small and lets say everything together, about $10 million constant money inflow to exchanges. If there is a trading entity whose goal is to push down BTC exchange rates, then what is the minimum amount require to prevent BTC exchange rates to go up. One more assumption; BTC exchanges are fair and they are not colluding. Another fact: There are limited number of units (about 11 million BTC, if smallest possible trading unit is mBTC, then there are 11 billion mBTC). I am not sure but just hope this count also contributes to price movement. Title: Re: What would be the cost of keeping BTC - USD exchange rate < 200 ?! Post by: btcusr on July 09, 2013, 04:57:37 AM Hi, I have posted this to bitcoin general discussion, so let's discuss over there. thanks. :)
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