Nobody Can Have Benefit From a Big Pump

[South Park]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

The exchanges do not buy your bitcoin with their own money but these exchanges are working as a middleman between the buyer and the seller and at that time when someone will sell their coins so someone will also buy bitcoin because they will neeed bitcoin for their business and so the sale will happen at that time.

Also the price is an agreement between the sellers and the buyers, if someone wants to sell bitcoin at this moment for 5000 then that person is free to do so, but no one in his five senses is going to agree to such a deal, in the other hand buyers may want to buy bitcoin for 250 but no seller is going to do this, so if the price increases is because there are buyers and sellers reaching and agreement about the price.

[klf]

only one people is very dificult can big pump bitcoin price
need much money can get profit to pump bitcoin price, must company or community can pump and get profit

Since now bitcoin market has grown higher so even for a company it is not so easy to pump things longer but they can do it for a short period. But for investors who has invested for longer term growth will not have any impact from these short-term pumps and bumps. But for traders, these volatile prices gives them an opportunity make a good money in short term.

[crazycatwoman03]

I do not believe that no one will benefit from a big pump in the price of bitcoin. Many people have been waiting for the bitcoin’s price to reach a high amount so that they can withdraw money using small amount of bitcoin. I know that many members have been waiting for this big pump especially those people who have started long ago and started with bitcoin having small equivalent amount.
 
 I am sure that those members who have been keeping their bitcoin in their wallet are enjoying this sudden rise up of the bitcoin’s price. The feeling is also mutual for those who have saved big amount of bitcoin.

[mirakal]

only one people is very dificult can big pump bitcoin price
need much money can get profit to pump bitcoin price, must company or community can pump and get profit

Since now bitcoin market has grown higher so even for a company it is not so easy to pump things longer but they can do it for a short period. But for investors who has invested for longer term growth will not have any impact from these short-term pumps and bumps. But for traders, these volatile prices gives them an opportunity make a good money in short term.

Definitely, I do trading and I am making profit with the price volatility and I have to say I enjoyed doing this and it increases my interest to focus in crypto currencies for my trading activity. There are plenty of coins that we can trade aside from bitcoin and I can assure that one can earn if he is just following the updates of a certain assets because most movement are based on the news.

[bitcoinvestor]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

Exchanger still make profit from fees. I think one who hold bitcoin will buy dollars when bitcoin is in the peak price, and wait bitcoin to fall again. When the bitcoin is lower they begin to buy bitcoin again. I think only the lucky ones who can predict will gain profit.

[youdacapt]

Yesterday when bitcoin prices rose uncontrollably, I was on a rural project for a week. Unfortunately, big pumps happen when I'm not online. To be honest I'm disappointed with this but I'm still optimistic bitcoin will continue to increase although not as hard as yesterday.

[zedsacs]

I can't see that the exchanges wouldn't allow you to exchange your bitcoin. I mean why would they do that? It is even favor in them. The thing you are saying right here is impossible.

[South Park]

Yesterday when bitcoin prices rose uncontrollably, I was on a rural project for a week. Unfortunately, big pumps happen when I'm not online. To be honest I'm disappointed with this but I'm still optimistic bitcoin will continue to increase although not as hard as yesterday.

Well, this is the nature of the game, that is why those day traders seems to be glued to their computer screen, they do not want to lose a single second of anything that may happen if they are away from their computer, although I find that to be too much I can definitely understand why they are that committed to do that.

[Yakamoto]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

Exchanger still make profit from fees. I think one who hold bitcoin will buy dollars when bitcoin is in the peak price, and wait bitcoin to fall again. When the bitcoin is lower they begin to buy bitcoin again. I think only the lucky ones who can predict will gain profit.

While there is some luck to the market (and in fact there is a lot due to the hair-trigger sell button usage from some bigger holders at the sign of any kind of bads news), there is some merit to looking at the market and making haphazard guesses on where the market is going to go in the future. It isn't entirely based on luck, but it doesn't exactly have large margins of error either.

A lot of people can make money, but often it is a zero-sum game and you don't want to be on the losing end.

[ImHash]

Stay away from those exchanges denying you their services when a pump is happening, because they are the ones involved bypassing their clients and manipulating prices by entering the deal,and then you are no longer trading with other traders and essentially doing trades with exchange's staff.
Since there is no regulation supervising and auditing their records and trade history they are freely doing business by using insider information.
Also miners are the ones profiting by selling their mined coins and they should keep selling otherwise if not then others holding so who sells to the ever growing crowd of buyers?

[Oilacris]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

What?
Why would the exchanges not allow for their users to sell their Bitcoins in the event of something like this? You almost never sell to the exchange itself, always to other people. If others are buying it for that value, then the exchange should just let it happen since it doesn't affect them.
Are you sure you know how most exchanges work? You're kind of making me think you think that you only ever sell to the exchange.

Maybe he does know on how to sell and not to buy bitcoin on exchangers. He dont know actually what an exchanger do operates why he have said this kind of thing. What in the hell an exchanger will hold up withdrawals? Since its users money and he do gain it on other people not on the site itself.Theres nothing to do with those money that they had. Normally they will surely process withdrawals without any hesitations since they are still making money out of fees.To OP, try to buy on an exchanger and analyze how it works.

[ufaiz50]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

then how do you know the bitcoin price in the pump if the exchanger doesn't allow to sell bitcoin. I think if you sell bitcoin when at the pump $3000 the loss is who people buy bitcoin at that price so why exchange site must loss if there's pump. (buy and sell not just sell)

[skorupi17]

If Bitcoin price pumps from $1300 to $3000 in few hours nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

I do not.

Exchanges exist to provide their services to people by allowing them to exchange alts to bitcoin, bitcoin to alts, fiat to bitcoin/alts, and alts(if applicable or alts to bitcoin)/bitcoin to fiat. They do not choose the time when can their costumer be able to use their services, instead, the costumer chooses the time when they will use the services offered. If an Exchanger declines the costumer in using theis services such as selling their btc to fiat just because the price pumped hard, it would ruin their image and users may shift to other exchange that offers much better services and not only up to the profit.

[abayan]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

then how do you know the bitcoin price in the pump if the exchanger doesn't allow to sell bitcoin. I think if you sell bitcoin when at the pump $3000 the loss is who people buy bitcoin at that price so why exchange site must loss if there's pump. (buy and sell not just sell)

Yep . I agree with you also if a reputable trading exchange doesn't permitted traders to sell their site will lpse its reputation .In both sides they will not have a big loss with it because in every buys and sell they have a commission and they only follow on price . In my own opinion only .

[South Park]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

Exchanger still make profit from fees. I think one who hold bitcoin will buy dollars when bitcoin is in the peak price, and wait bitcoin to fall again. When the bitcoin is lower they begin to buy bitcoin again. I think only the lucky ones who can predict will gain profit.

While there is some luck to the market (and in fact there is a lot due to the hair-trigger sell button usage from some bigger holders at the sign of any kind of bads news), there is some merit to looking at the market and making haphazard guesses on where the market is going to go in the future. It isn't entirely based on luck, but it doesn't exactly have large margins of error either.

A lot of people can make money, but often it is a zero-sum game and you don't want to be on the losing end.

Bitcoin is big enough so the predictions of technical analysis can work on it but at the same time bitcoin is small enough to still being manipulated by the whales and that is why we see such wild swings in one direction of the other and if you are in the opposite side of what the whales want to do you will find yourself with heavy losses very rapidly.

[dwieyani]

Many people are getting the benefits from exchanges that generate huge profits and as much as possible. Since bitcoin prices will rise within hours, they may exchange bitcoin levels.

[gabmen]

Many people are getting the benefits from exchanges that generate huge profits and as much as possible. Since bitcoin prices will rise within hours, they may exchange bitcoin levels.

Everyone who owns or earns btc, or any other altcoin would benefit from a big pump though that's for a short term only. Pumps can't br sustained in the long run that's why there will always be a time for the price to go down, it's always been that way

[vaccin]

But if one can time and assume the market is overly pumped and expects a serious dump, why can't one simply cash out fiat for a few weeks and be a spectator?
Weak hands? FOMO? Or?

[classicsucks]

You are aware that the cryptocurrency space is almost complete unregulated?

Therefore, there is nothing stopping an exchange from front-running trades, controlling volume in their favor, outright hacking prices, and arbitraging other exchanges. With transaction volume at all-time highs, there is even more opportunity to "time the markets" and profit handsomely. Have you noticed the volatility on these exchanges? Prices will stay static for 2 weeks and then suddenly leap 100% - that's basically a huge red flag that a market is being manipulated

Have you ever traded yourself?

I mean at a currency or commodity exchange that would count as a regulated one? Obviously, you haven't since otherwise you would have known that this pattern of price behavior is omnipresent. It is the same with major currencies, commodities like oil as well as precious metals. The price may stay frozen literally for weeks and then crash or spike many percentages within a day or two (oil has been particularly notorious in this regard recently). I guess there should be a theory explaining this phenomenon (likely tied to market inertia), but it certainly has nothing with price manipulation as you mean it (i.e. something illegal which is possible only at cryproexchanges). Just in case, regulated exchanges are using the same tricks that unregulated ones employ, and they even get caught (sometimes). I'd rather say it is you who is really naive here

I took you off my ignore list just in time to see this response. First off, trading at an exchange is not required to examine the suspicious coin price charts. But of course I have traded BTC and other cryptos.  Do you really think that the massive price shifts for every crypto are "market driven", or normal?  What other financial asset class has such rapid price growth and collapse? I guess it's time for you to start googling. And don't give me "penny stocks"

I asked you about trading at a "real" regulated exchange

Such as a commodity or currency exchange like NYMEX or MICEX. I'm not talking about cryptoexchanges like Bitstamp or Bitfinex. The price shifts there are absolutely the same, and they follow the same patterns. There is nothing unusual with that. You can ask any experienced trader, and he will tell you that prices don't change gradually, they almost always move in sudden bursts, either up or down. Some assets are more susceptible to such changes, some less, but that has nothing to do whether the exchange is regulated or not. In this sense, they are "normal" and as market driven as any price could ever be. I don't need to Google anything, I have already told you about crude oil since I traded oil futures myself and I remember the days when the price changed a dozen percentages within 24 hours. I can also tell you about silver which grew a few times within months in 2011. It kinda looks that it is you who needs to get first-hand experience first

Just LOL. You act as if there is something legitimare about your "real" exchanges. Prices there are manipulated in the same ways as I am discussing, if only to a lesser degree due to some mild regulations by SEC and CFTC (agencies that very rarely do anything about the widespread fraud and are in the pocket of major corporations). Oil futures must be one of the most rigged markets in the world. COMEX, forget it, they might have 5% of the "gold" they've sold over the past 20 years...

[moviebuff777]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.

Do you agree with this?

You can make quick transactions on many exchanges like poloniex. Exchanges like Coinbase however are not set up for quick transactions.