Bitcoin Forum

Economy => Speculation => Topic started by: sbrzol on September 18, 2014, 07:01:10 PM



Title: what if ... (buy on OTC, sell on exchanges, repeat it)
Post by: sbrzol on September 18, 2014, 07:01:10 PM
If OTC market following exchange price and if i want to buy as many coins i can at the lowest price

1, I buy on OTC market (5000-50000 BTC) (at fixed current exchange price +- 1-3 %)
2, i sell on exchanges ( first 3 by volume) ----> pushing the price down (5-15%)
3,  go back to 1st step



Is that possible? The volume is so low on exchanges that i can imageine this


Title: Re: what if ...
Post by: Hunyadi on September 18, 2014, 07:02:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  ::)


Title: Re: what if ...
Post by: frienemy on September 18, 2014, 07:03:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  ::)

IIIIIIIIIIIIIIIII want candy!


Title: Re: what if ...
Post by: Hunyadi on September 18, 2014, 07:05:19 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  ::)

IIIIIIIIIIIIIIIII want candy!

I want lots of thing but I don't have fiat, just these f'in bitcoins  :P


Title: Re: what if ...
Post by: frienemy on September 18, 2014, 07:07:18 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  ::)

IIIIIIIIIIIIIIIII want candy!

I want lots of thing but I don't have fiat, just these f'in bitcoins  :P

You got fucking bitcoins? Poor you! I got the regular ones  :P :P :P


Title: Re: what if ...
Post by: sbrzol on September 18, 2014, 07:07:50 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  ::)

Insiders?   Who knows that for example if the etf starts, xy rich people want to invest xy $
Or who believes in bitcoin ,
Long term ...
Etc ...


Title: Re: what if ...
Post by: Hunyadi on September 18, 2014, 07:10:19 PM
Of course, of course. You are right. I AM PANICKING SO I CAN'T THINK STRAIGHT  ;D

Don't worry. Bitcoin is awesome. Hodl for some time and you won't regret (it will go a lot higher or to zero).


Title: Re: what if ... (buy on OTC, sell on exchanges, repeat it)
Post by: Erdogan on September 18, 2014, 09:06:14 PM
Go for it!