Bitcoin Forum
May 23, 2024, 06:02:23 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: Would I affect the btc price if I have say 500btc  (Read 445 times)
morepounds (OP)
Member
**
Offline Offline

Activity: 98
Merit: 10


View Profile
April 29, 2016, 08:22:45 AM
 #1

Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
davis196
Hero Member
*****
Online Online

Activity: 2982
Merit: 914



View Profile
May 03, 2016, 11:19:13 AM
 #2

500btc is too small amount.
You need 1M btc to affect the btc price. Cool

RobFre
Full Member
***
Offline Offline

Activity: 172
Merit: 100


View Profile
May 03, 2016, 12:07:06 PM
 #3

It obviously also depends on the price you want to change. It is much easier to low the price of 1$ than low it of 100$



Vaccinus
Sr. Member
****
Offline Offline

Activity: 406
Merit: 250



View Profile
May 03, 2016, 02:01:27 PM
 #4

i think you need 50000

Oralmat
Hero Member
*****
Offline Offline

Activity: 588
Merit: 500



View Profile
May 03, 2016, 02:06:11 PM
 #5

Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
If you want affect the general price of btc, so 500btc is less amount. you should need more amount.
Wakhid Mukti
Full Member
***
Offline Offline

Activity: 574
Merit: 105


Play Bitcoin PVP Prediction Game


View Profile
May 03, 2016, 02:16:05 PM
 #6

Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
If you want affect the general price of btc, so 500btc is less amount. you should need more amount.

Agree with this. but that will be affect on one little exchanges with few volume

Btc4Proxies
Member
**
Offline Offline

Activity: 164
Merit: 10


View Profile
May 03, 2016, 02:21:15 PM
 #7

Yeah you need a larger share to do anything these days.
Dahhi
Full Member
***
Offline Offline

Activity: 238
Merit: 100


MERCATOX


View Profile
May 03, 2016, 04:17:24 PM
 #8

500btc will not make a dent. But if a billionaire decides to trade bitcoins, we might be in trouble... if he decides to buy 1,500,000btc.


Buying btc might be hard for the poor guys.

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!