With half of all bitcoin already in circulation, what makes you think miners matter when it comes to price?

everyone matters when it comes to price, it's just a matter of how much.

Post halving 150

BTC/hr come into the market, 3600/day. Let's assume 50% is saved, and 50% is exchanged (I know, arguable, but I had to start somewhere)

This means that with the current volume on MtGox (24k today) we are talking about 7.5% of volume in mining revenue. Even if it goes up to 100k in volume (which if you think about it gets more and more expensive as the price goes up) miners still account for 3.6%

So as a daily percentage whole, I agree, it's not huge. However if we all stack up on the same $ amount, over time it could get to be a big impact.

Let's say we get 1000 miners to participate and they make an aggregate of 1000

BTC/day (because math is hard, not because that is an actual number I expect to see) If they all hold onto that BTC and place 10% of it (

BTC100 total) on MtGox at the 20$ mark, then each day we add $2k to the 20$ wall. Over the next 30 days we are talking about a position worth 60k, 60 days gets us to 120k.

Once the price gets up to $18 or so we will have to decide how much profit we want to take, vs moving up to a higher sell number. If we use 50/50 again we have a cash-out at $20 of $60k of the position, but the remaining 1500 BTC are relisted at $30 for a position of $45k and $3k/day expansion of the position.

The key is stacking everyone up on the same value so it's conspicuous in the trading tools, in the above scenario and the current order book we could put more coins on $20 each month than are there right now. given a year I bet we could be the single highest step on the wall at all times, and act as a signpost to the market. Certainly not a traffic cop, way too small for that.

I'm seriously considering putting most of my earnings into a program like this just to ensure that I'm not selling too low, once I got to thinking about it it makes sense that as a group we can act like a single big fish. or at least a school that pretends to be a big fish.

I'm also open to suggestions on how to structure this, it might make more sense to have 2-5 positions that we take as a group with differing values instead of the 1 big value so that we can "win" by having the wave come all the way into our positions, but not have to start over each time it does happen.