Bitcoin Forum
May 11, 2024, 12:44:11 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: What would keep some gov't or even an average to large size investment bank.....  (Read 494 times)
Dapper (OP)
Sr. Member
****
Offline Offline

Activity: 560
Merit: 260



View Profile
December 19, 2012, 06:06:54 AM
 #1

from cornering and manipulating the BTC market?    The overall market cap is tiny is dollar terms. 

sent from my X6
1715431451
Hero Member
*
Offline Offline

Posts: 1715431451

View Profile Personal Message (Offline)

Ignore
1715431451
Reply with quote  #2

1715431451
Report to moderator
Transactions must be included in a block to be properly completed. When you send a transaction, it is broadcast to miners. Miners can then optionally include it in their next blocks. Miners will be more inclined to include your transaction if it has a higher transaction fee.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
1715431451
Hero Member
*
Offline Offline

Posts: 1715431451

View Profile Personal Message (Offline)

Ignore
1715431451
Reply with quote  #2

1715431451
Report to moderator
1715431451
Hero Member
*
Offline Offline

Posts: 1715431451

View Profile Personal Message (Offline)

Ignore
1715431451
Reply with quote  #2

1715431451
Report to moderator
1715431451
Hero Member
*
Offline Offline

Posts: 1715431451

View Profile Personal Message (Offline)

Ignore
1715431451
Reply with quote  #2

1715431451
Report to moderator
John (John K.)
Global Troll-buster and
Legendary
*
Offline Offline

Activity: 1288
Merit: 1226


Away on an extended break


View Profile
December 19, 2012, 06:08:19 AM
 #2

from cornering and manipulating the BTC market?    The overall market cap is tiny is dollar terms. 
They could. This is a free market after all.
Yuhfhrh
Full Member
***
Offline Offline

Activity: 238
Merit: 100



View Profile
December 19, 2012, 06:51:01 AM
 #3

They could, but they aren't worried because:

The overall market cap is tiny is dollar terms.

CountSparkle
Member
**
Offline Offline

Activity: 78
Merit: 10



View Profile
December 19, 2012, 07:25:08 AM
Last edit: December 19, 2012, 08:05:23 AM by CountSparkle
 #4

They could only do it until they run out of money. Every time they buy, the price goes up. Every time they sell, the price goes down. But they are not the only ones buying and selling, so while they are trying to manipulate the market by moving the price up and down, there are other sellers and buyers doing the opposite, ready to bring the price down or up. The manipulators would have to fight against this resistance to prince changes, and it will cost them a lot of money.
FreeMoney
Legendary
*
Offline Offline

Activity: 1246
Merit: 1014


Strength in numbers


View Profile WWW
December 19, 2012, 08:01:18 AM
 #5

They can have (almost) all my coins, but not at the market rate.

I'm not special either. The vast majority of coins aren't for sale at the market rate, if they were the market rate would change until they weren't.

Play Bitcoin Poker at sealswithclubs.eu. We're active and open to everyone.
Bendur
Member
**
Offline Offline

Activity: 60
Merit: 10



View Profile
December 19, 2012, 01:41:12 PM
 #6

There will probably always be people trying to do this, and a few who successfully pull it off. It sounds easy, but I'll bet that its not. If people are skilled enough to pull off such a move, good for them, they have taken quite a risk to do do.

Kazimir
Legendary
*
Offline Offline

Activity: 1176
Merit: 1003



View Profile
December 19, 2012, 02:20:50 PM
 #7

What would keep some gov't or even an average to large size investment bank.....
from cornering and manipulating the BTC market?
The fact that most coins aren't for sale.

In theory, there's no difference between theory and practice. In practice, there is.
Insert coin(s): 1KazimirL9MNcnFnoosGrEkmMsbYLxPPob
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!