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Bitcoin Forum > Economy > Economics > Speculation > what if ... (buy on OTC, sell on exchanges, repeat it)
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sbrzol (OP)
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September 18, 2014, 07:01:10 PM
Last edit: September 18, 2014, 07:19:20 PM by sbrzol
 #1
If OTC market following exchange price and if i want to buy as many coins i can at the lowest price

1, I buy on OTC market (5000-50000 BTC) (at fixed current exchange price +- 1-3 %)
2, i sell on exchanges ( first 3 by volume) ----> pushing the price down (5-15%)
3,  go back to 1st step



Is that possible? The volume is so low on exchanges that i can imageine this
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Hunyadi
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September 18, 2014, 07:02:10 PM
 #2
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes
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September 18, 2014, 07:03:10 PM
 #3
Quote from: Hunyadi on September 18, 2014, 07:02:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes

IIIIIIIIIIIIIIIII want candy!
MCTRL_751 >   END OF LINE
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September 18, 2014, 07:05:19 PM
 #4
Quote from: frienemy on September 18, 2014, 07:03:10 PM
Quote from: Hunyadi on September 18, 2014, 07:02:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes

IIIIIIIIIIIIIIIII want candy!

I want lots of thing but I don't have fiat, just these f'in bitcoins  Tongue
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frienemy
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September 18, 2014, 07:07:18 PM
 #5
Quote from: Hunyadi on September 18, 2014, 07:05:19 PM
Quote from: frienemy on September 18, 2014, 07:03:10 PM
Quote from: Hunyadi on September 18, 2014, 07:02:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes

IIIIIIIIIIIIIIIII want candy!

I want lots of thing but I don't have fiat, just these f'in bitcoins  Tongue

You got fucking bitcoins? Poor you! I got the regular ones  Tongue Tongue Tongue
MCTRL_751 >   END OF LINE
sbrzol (OP)
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September 18, 2014, 07:07:50 PM
 #6
Quote from: Hunyadi on September 18, 2014, 07:02:10 PM
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes

Insiders?   Who knows that for example if the etf starts, xy rich people want to invest xy $
Or who believes in bitcoin ,
Long term ...
Etc ...
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September 18, 2014, 07:10:19 PM
 #7
Of course, of course. You are right. I AM PANICKING SO I CAN'T THINK STRAIGHT  Grin

Don't worry. Bitcoin is awesome. Hodl for some time and you won't regret (it will go a lot higher or to zero).
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Erdogan
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September 18, 2014, 09:06:14 PM
 #8
Go for it!
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