Bitcoin Forum
November 17, 2017, 07:55:01 PM *
News: Latest stable version of Bitcoin Core: 0.15.1  [Torrent].
 
   Home   Help Search Donate Login Register  
Pages: [1]
  Print  
Author Topic: Linear inflow of funds are required to keep pumping the price up  (Read 1477 times)
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
April 09, 2013, 01:00:25 AM
 #1

At price of 100, if there's a 15K BTC wall at 101, 1515000 USD is needed to tear it down.
At price of 200, if there's a 15K BTC wall at 201, 3015000 USD is needed to tear it down.
At price of 300, if there's a 15K BTC wall at 301, 4515000 USD is needed to tear it down.

At price of 1000, if there's a 15K BTC wall at 1001, 15015000 USD is needed to tear it down

It seems thus that do have continued price increase, there need to be exponential increase of inflow of funds to the exchanges to have the price increase like it does now. If big hedge funds enter, the price may actually go vertical for a while, but if those who's interested in investing already have invested, and the amount of funds coming in stay the same, or decrease, then we may see flatling and even a decline.

I guess most people that acutally follows financial news at this point have heard and learned about bitcoin ? So the questions is - when will the buzz cool down - or will it just continue to skyrocket ?

So, the bigger the market becomes, the more money you need to move the price one way or another, so perhaps real stability will not be seen until we hit high 3 digit price ?

Perhaps, then BTC would behave more like EUR and USD, and although these currencies also move in relation to others, most major currencies doesn't have anything like the volatility that we see in BTC these days.
1510948501
Hero Member
*
Offline Offline

Posts: 1510948501

View Profile Personal Message (Offline)

Ignore
1510948501
Reply with quote  #2

1510948501
Report to moderator
A blockchain platform for effective freelancing
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise here.
1510948501
Hero Member
*
Offline Offline

Posts: 1510948501

View Profile Personal Message (Offline)

Ignore
1510948501
Reply with quote  #2

1510948501
Report to moderator
mestar
Sr. Member
****
Offline Offline

Activity: 392


View Profile
April 09, 2013, 01:20:14 AM
 #2

That's linear.
Elwar
Legendary
*
Offline Offline

Activity: 2282


www.bitpools.com


View Profile WWW
April 09, 2013, 01:24:38 AM
 #3

I remember 100k BTC walls when we were around $5.

http://www.bitpools.com
Pool your bitcoins with others. Vote on solutions using the Bitcoin blockchain. Keep your bitcoins in your cold storage until you find a solution you like.
Links and Reviews of useful every day places to spend bitcoins: https://bitcointalk.org/index.php?topic=943143.0
Herodes
Hero Member
*****
Offline Offline

Activity: 868


View Profile
April 09, 2013, 01:44:13 AM
 #4

That's linear.


yes, u r right
Le Happy Merchant
Hero Member
*****
Offline Offline

Activity: 634



View Profile
April 09, 2013, 01:46:56 AM
 #5

The problem with this theory is that there won't be 15k walls all the way up.

||bit
Hero Member
*****
Offline Offline

Activity: 644


View Profile
April 09, 2013, 02:14:13 AM
 #6

The number of BTC available to make large walls decreases as we go up, however:

In some sense this is true, that is, if we are only considering miners as the primary source of such large blocks. However, there are those that bought BTC at lower prices that might want to sell them at the seemingly ever higher and higher prices.

So, one such person/entity or many people/entities all converging on a common sell point (e.g. a multiple of 100) could muster up 15k of bitcoins to sell at those psychologically motivating levels. No matter how you cut it, there are 11 million bitcoins currently out there that can be traded. Most all of them at this moment in time are in the hands of people that acquired them at lower prices.

Admittedly, it will seem a relief - even if only justified as psychologically - to think miners have distributed the majority of their outstanding huge blocks of their coins.

proudhon
Legendary
*
Offline Offline

Activity: 1232



View Profile
April 09, 2013, 02:16:29 AM
 #7

The problem with this theory is that there won't be 15k walls all the way up.

There are a lot of people with that much and more still.
oakpacific
Hero Member
*****
Offline Offline

Activity: 798


View Profile
April 09, 2013, 02:24:07 AM
 #8

The problem with this theory is that there won't be 15k walls all the way up.

There are a lot of people with that much and more still.

Your math sucks proudhon.

https://tlsnotary.org/ Fraud proofing decentralized fiat-Bitcoin trading.
proudhon
Legendary
*
Offline Offline

Activity: 1232



View Profile
April 09, 2013, 02:28:42 AM
 #9

The problem with this theory is that there won't be 15k walls all the way up.

There are a lot of people with that much and more still.

Your math sucks proudhon.

Maybe, but there's still a lot of people with that many bitcoins and more.  Enough to keep the price low for a long time.  There's no way demand could keep up with supply if just a few of these people started dumping.  It would be catastrophic.
aurora
Member
**
Offline Offline

Activity: 119


View Profile
April 09, 2013, 02:37:51 AM
 #10

did everyone notice not much media coverage last week or  two? Turning point?
humanitee
Hero Member
*****
Offline Offline

Activity: 728


View Profile
April 09, 2013, 02:39:11 AM
 #11

did everyone notice not much media coverage last week or  two? Turning point?

You must have missed 'em.
There were over 25 television spots last week IIRC.

As for the thread title:
organofcorti
Donator
Legendary
*
Offline Offline

Activity: 2044


Poor impulse control.


View Profile WWW
April 09, 2013, 02:40:03 AM
 #12

An exponential increase in funds is required if the current exponential increase in price is to continue.


did everyone notice not much media coverage last week or  two? Turning point?

Last night:

http://www.abc.net.au/7.30/content/2013/s3732468.htm

Bitcoin network and pool analysis 12QxPHEuxDrs7mCyGSx1iVSozTwtquDB3r
follow @oocBlog for new post notifications
TraderTimm
Legendary
*
Offline Offline

Activity: 2002



View Profile
April 09, 2013, 02:42:55 AM
 #13

I think we get one more push higher before it becomes untenable. We're really close on a few things that I'm watching - and not having a substantial decline to even things out is worrying.

fortitudinem multis - catenum regit omnia
chriswen
Hero Member
*****
Offline Offline

Activity: 756


View Profile
April 09, 2013, 02:50:50 AM
 #14

Seller's remorse.  But, yes it will be harder to dump coins as it goes up.
crazy_rabbit
Legendary
*
Offline Offline

Activity: 1176


RUM AND CARROTS: A PIRATE LIFE FOR ME


View Profile
April 09, 2013, 07:15:55 AM
 #15

An exponential increase in funds is required if the current exponential increase in price is to continue.


did everyone notice not much media coverage last week or  two? Turning point?

Last night:

http://www.abc.net.au/7.30/content/2013/s3732468.htm

That's AWESOME. Why doesn't someone do that to pirate?!?!?!!?  The local TV station where Pirate lives would be more then thrilled I'm sure to dig into it!

more or less retired.
Pages: [1]
  Print  
 
Jump to:  

Sponsored by , a Bitcoin-accepting VPN.
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!