How to influence an altcoins price?

[wklt2002]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

[zenhu]

Yeah that exactly how it work, when you buy all the sell order the supply decrease cause you own it and the demand automaticaly increase. But please be carefull if you really want to do that, you dont want to buy large amount shitcoin cause another peeps will be happy to sell all his coin and nobody following you to keep buying and you end up losing money.

snip~

hello mate. are you high ? we kinda talking about something else here.

[KryptoKai]

It would work if you have huge amounts of bitcoin or other purchasing means to swallow up sell walls. Do this for a number of days in a row and others will probably follow suit due to fomo. Same applies the other way, dumping en mass will simply cause the price to dump due to sheep initiating the panic sell!

[Team Saske]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

It's all supply and demand.

When demand goes up but supply goes down, price goes up.

So, yes, whales can manipulate the price of any coin just by buying lots of it.

[bytezulu]

It is all about supply and demand. Econ 101 where they both meet is the price. If you are referring to market manipulation, that is a whole different story..

[wklt2002]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

It's all supply and demand.

When demand goes up but supply goes down, price goes up.

So, yes, whales can manipulate the price of any coin just by buying lots of it.

But they then have to purchase the coin from different exchanges right? Or do all exchanges share the same exact price? Last time I checked they had slight differences.

[Team Saske]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

It's all supply and demand.

When demand goes up but supply goes down, price goes up.

So, yes, whales can manipulate the price of any coin just by buying lots of it.

But they then have to purchase the coin from different exchanges right? Or do all exchanges share the same exact price? Last time I checked they had slight differences.

It depends on the coin but, yes, they can vary in price based on the exchange its on.

[CoinMaker7]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

There are many factors that influence altcoin prices some of them are given below:-

1-Supply and demand

2-Energy required for POW

3-Ease of use

4-Public opinion

5-Bitcoin price

6-Issues in the media

7-Innovation the coin brings

[efeyigit399]

in fact the answer to this question is very clear. those who buy and sell with a high amount of money are directly affecting the price. those who make a small amount of money can affect the market by buying and selling in a short period of time

[KingScorpio]

What does it take to influence the market of an altcoin? Buying a big amount of the total circulating supply from 1 exchange wouldn't work right? Or does the price go up while buying that big amount? To get that to happen the exchanges would have to look at eachothers prices right?

when you think that "the market" exists, then you wont be able to influence

second problem is what do you mean with "value",

people today mostly cosider value as liquidity in the lead currency of US dollars,

the market consists of very diverse interest groups,

if you want your coin to grow in US dollar liquidity u need to attract and give reasons to those that hold many us dollar,

in that case you have more or less 2 different interest groups


1. Salary dependent employees, these want to have more US dollars

2. US capitalists, these seek to improve the power and value of the US dollar and protect themselves from Cryptoeconomics , these basically think the same like the bitcoin capitalists.

regards

[Quantumplation]

NOTE: This message was originally not posted by me, but instead by someone who compromised my account.  I have deleted the content.

[disam]

as a small investor you cant really move an altcoin market. All markets are under whales nowdays. You can try to influence the markets by creating FOMO effect on social media if you have a lot of followers. Usually a big social media campaign creates such a FOMO between new/noob investors that the price slowly moves.

[KingScorpio]

as a small investor you cant really move an altcoin market. All markets are under whales nowdays. You can try to influence the markets by creating FOMO effect on social media if you have a lot of followers. Usually a big social media campaign creates such a FOMO between new/noob investors that the price slowly moves.

these are also loosing trust.

the market isnt as stupid as you think,

just check the bitconnect fiasko,

enemies of cryptocurrencies, will use that as their propagandistic flaggship