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Author Topic: If i have 10 Bitcoin I can do this  (Read 2268 times)
Fasdartin
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November 15, 2017, 04:49:19 PM
 #121

LOL. It's not enough to control Bitcoin if you only have 10 BTC Smiley). The total supply amount of Bitcoin is 21M so if you want to be able to control Bitcoin price like the whales I think you must have at least thousands BTC cause when you want to be able control anything you should have at least 10 or 20% of the shares for example when you want to control a company you need to have the largest shares percent about 40 or 50% of the company shares but with Bitcoin it's impossible to have 50% of 21M BTC so I think thousands out of 21M BTC is enough to dump or pump the price when you want Smiley
I think you should wait for a while before you invest your bitcoin, then try to earn a lot of it, through joining campaign and buying bitcoin. And collect bitcoin as much as possible if you want to invest, and if you cannot increase your collecting coin, maybe you should exchange it in currency and make it for support to your daily needs.
Every time a block is mined, a certain amount of BTC (called the subsidy) is created out of thin air and given to the miner. The subsidy halves every four years and will reach 0 in about 130 years.
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lichao1395427
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November 16, 2017, 11:21:53 AM
 #122

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.
Legendari
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November 16, 2017, 11:38:28 AM
 #123

Ahah no, I think 10 bitcoins is too small for the amount that would consider you a whale.

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udayantha11 (OP)
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2023 would most likely be as bearish as 2022


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November 16, 2017, 03:04:03 PM
 #124

Ahah no, I think 10 bitcoins is too small for the amount that would consider you a whale.


Yes thats completly true.. But for small coins 10 btc is a whale

we all need universal power and cyclist of Everything
-2023 would most likely be as bearish as 2022-
=BTC will make it, but might be a long winter=

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shiunsai
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November 16, 2017, 03:10:49 PM
 #125

It depends on the needs of individual as for some it can be retirement fund especially if you are living in third world countries and for rest it can be only a small investment but if you want to consider yourself a big whale then you should at least have 100 btc in your wallet and then you can consider yourself super rich person.
Lalafell
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November 16, 2017, 03:12:30 PM
 #126

Sure, you can hold a bigger share of the smaller cap ICOs
Well, you must hold because it may lead to a high income and holding of bitcoin is one the best way to earn income. In addition to that, if I have 10 bitcoin the first thing that I would do is to hold because we all know that the price of bitcoin will increase in the future so that you must hold it.
longpro098
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November 16, 2017, 03:46:35 PM
 #127

If it is only 10 bitcoin then you will not be able to pump or dump it. Because the bitcoin market is pretty big, but if you have 100 bitcoins then you can do this.
preikaler
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November 16, 2017, 04:10:33 PM
 #128

Sure, you can hold a bigger share of the smaller cap ICOs
Well, you must hold because it may lead to a high income and holding of bitcoin is one the best way to earn income. In addition to that, if I have 10 bitcoin the first thing that I would do is to hold because we all know that the price of bitcoin will increase in the future so that you must hold it.
I agree with you. holding bitcoin for some time will make the price higher and with it will certainly get many benefits from it. and for now bitcoin has a high price. we wait for a better price again

w5pn73
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November 16, 2017, 04:13:02 PM
 #129

If it is only 10 bitcoin then you will not be able to pump or dump it. Because the bitcoin market is pretty big, but if you have 100 bitcoins then you can do this.

Yes maybe in an altcoin market. But you're not going to get far pumping/dumping bitcoin with just 100 btc.
marcuslong
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November 16, 2017, 04:16:16 PM
 #130

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 ?
Thats not enough those holders had tons of bitcoin the reason why they can easily pumped and dumped the coins mostly those holders are implemented into company nor business thats make their self more profitable in bitocin currency 20bitcoin is not enough bud but you can make atleast a bit of moving.
Xervo
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November 16, 2017, 04:17:04 PM
 #131

No, 10 bitcoins is very little. You can not manage the market in any way, as whales do, if the volume of trading in a currency is large. Whales control thousands of bitcoins. Cheesy
Core.BUSTER
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November 16, 2017, 04:28:17 PM
 #132

Having 10 bitcoins really shows that you're rich, but in the bitcoin world, it's really nothing, and I've seen a lot of investors with a hundred and one hundred bitcoins.However, I am sorry that I have not held more than four bitcoins so far
Actually, having 10 bitcoin will help you to become rich and if you have that I think you could become millionaire in the near future. Furthermore, we all know that having a lot bitcoins will really help you to become rich and I think bitcoin is the key to become rich.
moooonu
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November 16, 2017, 04:29:59 PM
 #133

Unfortunately that is pretty much less amount of btc to control the market of a coin. However maybe you can control some newly existing coins with lower volumes. But not for long time.
okissabam
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November 16, 2017, 04:30:41 PM
 #134

No, just because you have 10 btc doesn't make you a whale or gives you an entitlement to control Bitcoin or other coins. It's more than just 10 btc those whales are holding and you would probably need to be familiar with the market too because it just doesn't stop there.
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November 19, 2017, 08:38:54 PM
 #135

If I have 10 bitcoins I can organize several glasses on some exchanges) I always wanted to do it!)

Henry27
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December 18, 2017, 02:30:07 PM
 #136

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.
ahmadhidayat27
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December 18, 2017, 03:01:34 PM
 #137

10 BTC the amount that is still lacking to pump ALTcoin that has great popularity in the market. But 10 BTC is enough to pump ALTcoin who is starting to develop instantly. If I have 10 BTC, I prefer to keep it from selling it because in the future bitcoin prices will soar many times over now.
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