Peppystatik
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November 13, 2017, 04:16:13 PM |
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If you have 10 bitcoins then you can make a lot of money with the difference in value there is all the time but you just should find the right moment to buy bitcoin. And of course the right moment to sell it because then you just wait for the value to drop again so you can invest in it again.
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dutchkay
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November 13, 2017, 04:30:06 PM |
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10 bitcoin is really not that much to manipulate a market. You will need more that that to be able to successfully control a coin. Besides I don't think one person controls the market it's more of a group thing, they decide and they all pump in their money together.
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Ailmand
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November 13, 2017, 04:32:50 PM |
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if I have so much money of course I will invest in legit sites and will use it for my studies and my family as well as everyday that I will spend so much money for you no more.
I agree. I think the best use for that is to invest or trade. That's a pretty substantial capital to start off with. Also, I can encash some and maybe start a business. I think when you have that much of an amount, the best would be to use it in something with purposeful. That would be the better use for it.
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FrankGismo
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November 13, 2017, 04:40:05 PM |
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Yes you can my advice is to put 4 BTC in to trading in other altcoins and 6 to just save them in wallet in case something goes wrong or you need money you can pull 2 bitcoins out and still have left in your wallet and 4 into other coins.
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mobilazy
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November 13, 2017, 04:53:34 PM |
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Sometimes I imagine I bought 1000 bitcoins when price was like 1 dollar and sold it at 7.5k, then bough a hotel in tropical island Pointless dreams, I should buy 1 bitcoin and just increasing it count
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ragavancoin
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November 13, 2017, 05:08:04 PM |
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It's not possible with 10 Bitcoins but if you have 1000 bitcoins you can do that so don't try with 10 Bitcoins.
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xBitHodler
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November 13, 2017, 05:31:17 PM |
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If you are asking if you could pump or dump the Bitcoin value then the answer is no. 10 BTC is quite a lot but it is still too small amount to be "a big player". However, in the next 10 years 10 BTC will be quite a lot and not many people will be able to trade such huge amount of BTC.
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btcprospecter
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November 13, 2017, 05:45:24 PM |
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Not with bitcoin you couldn't maybe if you turned it all into an altcoin you could continously control it but why would you want to
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sudip76
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November 13, 2017, 06:35:22 PM |
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I think 10 btc not enough to control market.10 btc good money but coin market cap against 10btc still very Small amount. don't try this you will loss your all fund.
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Pfizer
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November 13, 2017, 06:53:36 PM Last edit: November 13, 2017, 09:52:02 PM by Pfizer |
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Yes you can! because if you convert that into eth that would be a lot. Creating your own coin only cost a few while distributing it and registering will take sometime but it will cost you enough.
This would be valid for only extremely low volumed tokens/coins. Today, 10 BTC is nothing and you can't control promising coins/tokens with that amount of capital. You need at least 100 BTC or above to do this, from my perspective. Whales even do this with thousands of BTC on their trades.
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xbl1008
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November 13, 2017, 07:47:40 PM |
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I have 10 BTC, just imagine. can i control a coin??, Means i can pump and dump coin. 10 btc means am entitle for a whale ?
i depends on the volume of that coin mate if that coins holds 100 BTC you could at least manipulate the market but also suffered when majority decided to sell it will always depend on your strategy but you could profit much in higher volume coins when they are pumping, or you could start a pump in low volume coins just always be wary in news specially in bitcoin's..
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greeklogos
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November 13, 2017, 07:55:31 PM |
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I have 10 BTC, just imagine. can i control a coin??, Means i can pump and dump coin. 10 btc means am entitle for a whale ?
The number of bitcoins are fixed by 21 million. 10 coins is actually like a drop in the sea and you can't make any big change in the price by selling-buying. There are people who own hundreds and thousands of coins, and even millions (there is an opinion that Satoshi Nakamoto own 1 mln of bitcoins), all those people can really affect the price, but you not too much
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Chrystora123
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November 13, 2017, 08:08:49 PM |
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not mocking, but 10 Bitcoin is a very little to control the price, the price will affect if below than 10% of the total of the product is sold or bought, just as the law on the stock market ...
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kamudd
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November 14, 2017, 01:38:07 AM |
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with 10 btc you can do that, but If I see this time is not the right time to do the pump, because it is very risky for you. unless you are ready to lose
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Medimiguel
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November 14, 2017, 01:42:27 AM |
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Give me 1.5 BTC Loan, i give u a whale
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helpmywallet
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November 14, 2017, 01:45:25 AM |
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I know where you could win 10 bitcoin...
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endlasuresh
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November 14, 2017, 01:46:15 AM |
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10 Bitcoins is a small amount, you need a large amount of money for Pump and Dump. People here are making more than a Bitcoin per month so it is small investment for such plans.
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fleachain
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November 14, 2017, 01:50:05 AM |
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If you have 10, you can consider investing more in other projects to make more money
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robchch
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November 14, 2017, 01:57:31 AM |
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You can certainly affect the price of a low liquidity coin with 10 BTC. Some coins only trade $5000 a day so if you put in a market order to buy 10 BTC worth you;'ll pump the price up. You can look at depth of the order book on some sites to see how much you will increase the price. Unfortunately unless the market notices, chances are the price will dump back down pretty quickly leaving you with a large loss.
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shoreno
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November 14, 2017, 01:59:51 AM |
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I have 10 BTC, just imagine. can i control a coin??, Means i can pump and dump coin. 10 btc means am entitle for a whale ?
i think no, 10 btc is still a little amount and wont entitles you to be called whale. a whale is holding 100 btc or more and they can manipulate the entire market not just bitcoin because they also want to earn extra profit even if there are friggin rich already. though its up to you, if you want to call yourself a whale then go, no one will ever care about it.
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