3 min is a long time, It shouldn't be free. it will do well and faster at service section with some reward, since it is a dissertation. So now that it's in Services, why does it appear to be unpaid? Bitcoin Discussion for free/voluntary. |
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So what starting price would it take to suck money out of other exchanges?
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USD/BTC ATH (AFAIK): GDAX @ $1360/BTC
Billionaire/trillionaire buys out an existing exchange like Bitfinex, Bitstamp, or makes a new one that has practically no barrier to getting funds in or out. Sets a 21 million BTC bid wall at USD $1359.99 ($28,559,790,000). It is now the arbitrage black hole exchange.
How long would it take for all other exchanges to get in sync, as the BTC is pulled from other exchanges into the event horizon of the black hole, and everyone gives up trying to bid for any less than that?
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This topic is locked because of everyone violating the Local rule: do not reply to this topic. If you don't want to pay with BTC, I also accept cash, but absolutely no PayPal or other non-cash scammer payment methods. Please PM, IM (links under my QR code avatar), text 619-393-2253, or IRC me. Don't, if you won't prove that you have enough funds to pay immediately. HSGI belt-mounted handcuff TACOClick for full-size:  Never used except to put in these demo cuffs (not included). $30/  plus cheapest USPS shipping within the U.S. (including to an international shipping forwarding service of your choice) TBD, or you may pick up in San Diego, CA. |
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... to buy up all the BTC on all markets until $2000 USD/BTC (or... $#?). I'll give that buyer 100% of the profit (and keep my principal BTC) from my 5x leveraged long BTC/USD position opened just before initiating the operation, and a take profit order at at the top. This will be done in a time window where there is no overnight financing fee, per the site's terms.
The buyer must escrow a matching amount of BTC to guarantee my principal is refunded in case of breaking contract, dumping/shorting against me, or theft from my leverage account/website with 2FA active (e.g. the site operators are thieves or their private keys have already been compromised and a thief is waiting for a large deposit to sweep the big score).
Once BTC reaches $2,000 USD/BTC (or... $#?) on all markets, the buyer will be contractually obligated for 10 years NOT to sell any of their BTC or a fraction thereof for less than $2,000 USD/BTC (or... $#?)/any currency's equivalent. The penalty for selling under $2,000 USD/BTC will be exactly the number of BTC that the buyer profited over my principal BTC.
Please PM me your PGP public key.
That ^last (10-year part) clause in your offer is the one that stands out particularly as the reason you're sure as hell nowhere near ever finding a taker for your fanciful machination. So the only reason someone would take my offer is if they were contractually allowed to sell low after buying high, a volume so great that they could say "1 BTC is now ≥ $2,000 USD (or $10,000 USD, where Bitfinex's orderbook ends)"?  |
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This is helpful. BTW, what if I'm keeping my coins in a local exchange and use that address for the transaction, wouldn't that take a longer time to confirm? Still haven't progressed to using a dedicated wallet app.
Typically exchanges don't broadcast your withdrawal TX immediately, waiting to batch withdrawals together. |
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If you're in the US, set your vanitygen to find your telephone area code as the first 3 characters after the 1. This is what I came up with in 6 minutes (I got even luckier with the 3 popping as the first non-vanity character, but set your area code+first digit in vanitygen if you don't want to leave it to chance):  |
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