Nobody Can Have Benefit From a Big Pump

[jak3]

if something like this every happens then the first think will happen is what op said, exchange sites are going to  get stop for some hours as because there will be maximum sell orders pending specially this will be hugely profitable for the long term investors. but honestly in trading amount matters more than time, as if you have large time then you can make so many profits but if you have huge investments then you are the whale you is controlling the price of an exchange

[arpon11]

Op I disagree with you. Pump is good if it based on the principle of demand and supply, anything outside this is against the fundamental of that particular asset said bitcoin.

[BitcoinPanther]

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?

Nope, for sure there are people who will benefit from the Big Pump, those who are holding their Bitcoin for a bit long time and  aim to sell their Bitcoin at $3000 would definitely rush to exchange and sell their Bitcoins.  And I doubt that all bitcoin exchanges will do this kind of thing. Holding people's fund.   

it would bring a big loss for exchange sites.

I do not think that it would bring a big loss to an exchange site, it gives more profit to them since they are charging in every transaction.  Like for example, an exchange platform in my country charges around 5% everytime we sell/covert Bitcoin to our local currency.  This exchanges would be happy if we converted our Bitcoin since it means a profit for them.

[harizen]

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?

Also remember the buying price which is giving also big profits from the exchange sites. If selling rate is higher then expect a much higher buying rate. Overall, still a good profit of the exchange.

And no way they will just disable withdrawals because of that since that will give them a negative feedback which they don't like as building trust in exchanges is really difficult these days.

[mindrust]

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?

Exchanges won't be able to stand in our way in this situation. There are other options like localbitcoins.com where you can sell/buy coins without needing the help of an exchange. If an exchange tries to suppress the price artificially, it will only lose customers&bitcoins&money. Nothing else. If they suspend withdrawals (both btc and usd) it will be their end and nobody will use their services again. So what you say doesn't make sense and probably impossible to happen.

[ridery99]

I think all investors will have benefits because they can dump and make a lot of profits.

[Jemzx00]

If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it

Actually everybody would make profit of it whether they have a few coins only, with that high pump of price.

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.

Why made you think that exchanges wont allow it? Actually some altcoins has been pumping fast too so it doesn't really affect the exchanges.
Exchanges sites acts like a middle man in a trade so they won't loss a lot. They don't only earn on bitcoin but rather to altcoins involved on their site.

Do you agree with this?

Somehow, NO

[HTracer]

Technically it may cause exchanges have to increase their reserves in $

[Mbokani]

Nobody can tell if exchanger will not really lets users from trading if the price jumps to much because it has not happened before so no one knows it yet. But in my opinion in case that big pump happen exchanger will still let users to sell or transact their Bitcoin because they don't know if after that big pump there is also a big dump. That's the gamble the exchanger needs to risk if that happens.

Why would the exchange halt the transaction if there is a price pump ,hope you are talking without understand how things work ,as long as there are traders willing to purchase bitcoin at that rate you would sell it ,the exchanges wont halt your transactions and if they do,you could take legal actions against them.So there is no gamble here and the exchange wont be loosing anything if the price of bitcoin rises.

[Cherylstar86]

Nobody can tell if exchanger will not really lets users from trading if the price jumps to much because it has not happened before so no one knows it yet. But in my opinion in case that big pump happen exchanger will still let users to sell or transact their Bitcoin because they don't know if after that big pump there is also a big dump. That's the gamble the exchanger needs to risk if that happens.

Why would the exchange halt the transaction if there is a price pump ,hope you are talking without understand how things work ,as long as there are traders willing to purchase bitcoin at that rate you would sell it ,the exchanges wont halt your transactions and if they do,you could take legal actions against them.So there is no gamble here and the exchange wont be loosing anything if the price of bitcoin rises.

Well significantly these exchangers really benefited this bigger pump and it actually depends on the amounts that has been transact. Actually those who pumped their dumps could exactly have their benefits, but those who gamble their new investment losses it while they buy their bitcoin during the time of massive dumps. But if there's another pump of btc price I think no one loses, but still the price is much expensive to those who recently buy bitcoins to be invested on their wallets.

[freedomno1]

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?

Exchanges are liquid they eat a fee every trade so they should have the assets to cover it. Whether they could handle a 3X flash rally with the cash positions they have on hand depends on their capital reserve with the banking institution. I would say likely if not just move the coins around exchanges.

[Rahar02]

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?

Some people will make profits I think, as long as they cash out in small amount and I don't think there is such rule that doesn't allow customers to withdraw what they have in exchanges. An exchange should have much money just in case something like that happens.
However, I'm not sure if bitcoin price could be pump as much $1700 in few hours, more likely will not happen.

[deisik]

Nobody can tell if exchanger will not really lets users from trading if the price jumps to much because it has not happened before so no one knows it yet. But in my opinion in case that big pump happen exchanger will still let users to sell or transact their Bitcoin because they don't know if after that big pump there is also a big dump. That's the gamble the exchanger needs to risk if that happens.

Why would the exchange halt the transaction if there is a price pump ,hope you are talking without understand how things work ,as long as there are traders willing to purchase bitcoin at that rate you would sell it ,the exchanges wont halt your transactions and if they do,you could take legal actions against them.So there is no gamble here and the exchange wont be loosing anything if the price of bitcoin rises

We, as outsiders, don't really know how things might work internally

So, basically, anything is possible (within reasonable limits, of course). Moreover, I've seen it a few times myself when an exchange all of a sudden announced maintenance works when the price started to move abruptly, and yes, I've seen it not just once, so that may not be a mere coincidence. Obviously, clients couldn't cancel their orders during that time, and if the price moved strongly the exchange itself could fill the locked orders, obviously in its favor. This is a real possibility

[ZlaiaZaia]

Nobody can tell if exchanger will not really lets users from trading if the price jumps to much because it has not happened before so no one knows it yet. But in my opinion in case that big pump happen exchanger will still let users to sell or transact their Bitcoin because they don't know if after that big pump there is also a big dump. That's the gamble the exchanger needs to risk if that happens.

Why would the exchange halt the transaction if there is a price pump ,hope you are talking without understand how things work ,as long as there are traders willing to purchase bitcoin at that rate you would sell it ,the exchanges wont halt your transactions and if they do,you could take legal actions against them.So there is no gamble here and the exchange wont be loosing anything if the price of bitcoin rises

We, as outsiders, don't really know how things might work internally

So, basically, anything is possible (within reasonable limits, of course). Moreover, I've seen it a few times myself when an exchange all of a sudden announced maintenance works when the price started to move abruptly, and yes, I've seen it not just once, so that may not be a mere coincidence. Obviously, clients couldn't cancel their orders during that time, and if the price moved strongly the exchange itself could fill the locked orders, obviously in its favor. This is a real possibility

This can only happen with Bitcoin, because the real currency does not work. And that in the evening swindle and for it can strongly punish, in a case with кpиптoaлютoй to anybody to put things in order.

[TheCoinGrabber]

Are they even allowed to just freeze all account suddenly to prevent money coming out? If these exchanges are registered, that could be courting a lawsuit.

[Sled]

If nobody can have a benefit from a big pump then there will no people investing in bitcoin for example because how can they put their money if they can get profit from their investment. Pump of a particular coin is the only way to get profit because if there is no pump then there will be no profit.

[davis196]

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?

If this happens,all the exchange platforms would close and run away with the bitcoins and after a few hours the btc price will be 500 USD  .I`m just kidding.
Exchange sites make money from transaction fees,not from crypto trading.
Why would they lose money if the price increases?

[deisik]

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?

If this happens,all the exchange platforms would close and run away with the bitcoins and after a few hours the btc price will be 500 USD  .I`m just kidding.
Exchange sites make money from transaction fees,not from crypto trading.
Why would they lose money if the price increases?

Which transaction fees do you refer to exactly?

If you mean cryptocurrency transaction fees, the cryptocurrency deposits are free of charge in almost all cases, while withdrawal fees go to miners, not exchange. There are also fiat withdrawal as well as deposit fees, but I don't think that many people withdraw and deposit fiat as often as they do cryptocurrency, and these fees most likely go to payment processing companies as well. Maybe, you actually meant to say trading fees which are taken from every trade made (around 0.1-0.2% per trade)?

[virasog]

I think all investors will have benefits because they can dump and make a lot of profits.

Yes, for sure investors will going to grab the chance to make exchange to have some profit and after they will going to wait again it crashes again then after they will have to buy coins in the low price then wait to pump up again and sell. This process goes on and off for the traders and this is their skill to get profit by just the pump and dump of the coins.

[Wesimon]

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 personally don't. It would be a loss for the exchange site but it is for a while only. Because if you sell bitcoin on the exchange site, they will have the bitcoin you sold and others may buy some in the near future so the exchange site will also profit from this. And for the record, isn't bitcoin exchange site's service and purpose is to let bitcoin users to buy/sell bitcoin in their site? So why wouldn't they allow users to sell bitcoin, this will ruin their image and their customers will shift to another exchange site. Then that would be their great loss.