Bitcoin Forum
May 12, 2024, 11:15:57 PM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: [1]
  Print  
Author Topic: how many dollars to raise the price of 1BTC of 1$?  (Read 149 times)
pape.rone (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
July 06, 2018, 11:34:54 PM
 #1

At current time, taking in consideration only one exchange (any), how many USD must be exchanged for BTC to raise of 1$ in value?

Is it possible to calculate it? How?
1715555757
Hero Member
*
Offline Offline

Posts: 1715555757

View Profile Personal Message (Offline)

Ignore
1715555757
Reply with quote  #2

1715555757
Report to moderator
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2156
Merit: 1622


View Profile
July 07, 2018, 07:49:39 AM
Last edit: July 07, 2018, 08:09:33 AM by Tytanowy Janusz
Merited by Pursuer (1)
 #2

You can read this math speculation - https://bitcointalk.org/index.php?topic=4460964.msg39964620#msg39964620 - i think it can interrest you.

Answering your question:
All you need to do is take a look at sell walls. ,



In this situation to pump bitcoin 1 $ up you dont need to eat any orders- closest is 2 $ up. So all you need to do is place order 1$ higher and if someone will sell to you at liest 1 sat price will be 1$ higher.

1 sat is enought.

For bigger pomps you will have to canlculate order needs to be fulfilled to go to that price (10$ - 2+19+2+27+10=~60 BTC to eat ~ 400 000$). But market is alive. When you will start to eat walls market will react creating new or will start to pump with you or will try to dump you. Thats why it is inpossible to calculate this. Price is also arbitraged through exchanges and through trading pairs in the same exchange. Thats why even if you will spend 1 mil to pump bitcoin by 50 $ than sell order would appear and dump price for 40$ by supply bought from other exchanges.
pape.rone (OP)
Newbie
*
Offline Offline

Activity: 4
Merit: 0


View Profile
July 07, 2018, 08:31:14 PM
 #3

oh thank you! this is a VERY clear explanation!

A couple of more questions though:
1. this is minor thing but I'm curious: is sat acronym = "selling at"?
2. let's imagine an extreme scenario:

BTC is 5999USD. A seller (A) has a huge selling order, say 1 billion at 6000USD. None else is selling lower in this very moment.

Say that there is an amount of buyers ready to buy at 6000USD but all of them together can't eat the A's entire selling order. Say that all of them together can eat 750 millions.

Will A's order be put on hold? Can the exchange sell just 3/4 of A's order? How does it work?
Tytanowy Janusz
Legendary
*
Offline Offline

Activity: 2156
Merit: 1622


View Profile
July 08, 2018, 07:19:35 AM
 #4

oh thank you! this is a VERY clear explanation!

A couple of more questions though:
1. this is minor thing but I'm curious: is sat acronym = "selling at"?
2. let's imagine an extreme scenario:

BTC is 5999USD. A seller (A) has a huge selling order, say 1 billion at 6000USD. None else is selling lower in this very moment.

Say that there is an amount of buyers ready to buy at 6000USD but all of them together can't eat the A's entire selling order. Say that all of them together can eat 750 millions.

Will A's order be put on hold? Can the exchange sell just 3/4 of A's order? How does it work?


1 - SAT is Satoshi - 1/100mln btc - 0.00000001 BTC - smallest part of bitcoin

2-
"A" will sell as much as others will try to buy. His order will decrise with every realized buy order. Traders dont know each other. They just place buy order and if there is sell order at the same price (same amount is not required) exchange will realize as much as it is possible rest of order will last on exchange as long as someone will realize it or "a" will cancel it. 
Tankdestroyer
Full Member
***
Offline Offline

Activity: 476
Merit: 107


View Profile
July 08, 2018, 10:57:01 AM
 #5

BTC is 5999USD. A seller (A) has a huge selling order, say 1 billion at 6000USD. None else is selling lower in this very moment.
Say that there is an amount of buyers ready to buy at 6000USD but all of them together can't eat the A's entire selling order. Say that all of them together can eat 750 millions.
Will A's order be put on hold? Can the exchange sell just 3/4 of A's order? How does it work?
They would just eat up a portion of A's order and it will remain there so long as A does not cancel it. A's funds(in this case, A's bitcoins that are equals to 1 billion$ at 6000$)  will be put on hold and he would be given USD for every successful buy order(equivalent to what the buyer have paid for minus fees) until it is all sold and if ever A canceled it, the exchange would return those bitcoins that haven't been bought by buyers.
Pages: [1]
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!