pump and dump

[frankenmint]

It would still be considered extremely high-risk and few people that rich trust Bitcoin enough to play around with $10 million. I don't know, maybe there are...

I don't know of any billionaires like that who would be so loose with 10M on a risky investment - land, sure, gambling....maybe??? perhaps a saudi prince - i think they probably dollar cost average it slowly to blend in with the rest of us, just my guesswork with no real science behind it.

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[M28MmickT]

We still can't judge in reallity if this is a pump or dump price look almost stable at 270 for a week the next
could be another increase not a pump because those days bitcoin users increased too .

That tells me that is where manipulators are keeping it/want it to be now as it has never been stable in the whole time i have been involved, last it stayed stable around 220-240  now this looks like they want to increase slowly in little bits, just my opinion of course.

[dothebeats]

isn't this what people want? if nothing happens people complain and say it's boring.
ride the waves and make profit.

I would rather stay in a boring and little increase rather than be part of a small wave that may end up devouring me. Sure, prices can be stagnant within days but it's better than seeing a bubble burst out within my eyes. It scares off prospective adopters and users. 

[dothebeats]

We still can't judge in reallity if this is a pump or dump price look almost stable at 270 for a week the next
could be another increase not a pump because those days bitcoin users increased too .

Perhaps good pr? Idk, but it stays within $270 for almost a week. We cannot simply say that this is a pump because there are no suspicious activity happening around the markets (?) Just a guess too, though.

[specgamer]

Investors now would not buy 10 million dollars worth of bitcoin because there are just not enough market for it as bitcoin is going downwards. Cryptocurrency I believe will be the future for the economy but bitcoin is not.

[Zoomer]

We still can't judge in reallity if this is a pump or dump price look almost stable at 270 for a week the next
could be another increase not a pump because those days bitcoin users increased too .

Perhaps good pr? Idk, but it stays within $270 for almost a week. We cannot simply say that this is a pump because there are no suspicious activity happening around the markets (?) Just a guess too, though.

Cannot tell you are getting paid for your posts lol but anyway if you have no understood bitcoin  was always a pump and dump the  there is not much I cam add here. Good luck with your sig campaigns

[Clint]

Because who the hell is gonna buy all those coins? Btc rise because people buy it, I know if people do that, the price will rise, but I don't see a market for that much. But who knows, maybe there are people doing that right now. 

[Zorrocoin]

I know this might be a bad thing for bitcoin but i am really curious to know why don't rich people buy like 10 million $ worth of bitcoin, then the price will automatically go up and sell those bitcoin instantly? even if the price only rise by 5 % that's 500 000 $ profit in just a matter of minutes

also with altcoins that have an even lower marketcap this would work even better,so why dont we see big money players pumping and dumping?

It is not as simple as you think.  The fact that it doesn't happen itself answers your question. And obviously it would be considered extremely risky to buy 10  million $ worth of bitcoin. And only a few people who are that rich may trust bitcoin that much to invest soo much into it.

[Mehek]

I know this might be a bad thing for bitcoin but i am really curious to know why don't rich people buy like 10 million $ worth of bitcoin, then the price will automatically go up and sell those bitcoin instantly? even if the price only rise by 5 % that's 500 000 $ profit in just a matter of minutes

also with altcoins that have an even lower marketcap this would work even better,so why dont we see big money players pumping and dumping?

It is not as simple as you think.  The fact that it doesn't happen itself answers your question. And obviously it would be considered extremely risky to buy 10  million $ worth of bitcoin. And only a few people who are that rich may trust bitcoin that much to invest soo much into it.

Exactly . Not many rich people  are aware of the capability of bitcoin . And many of them don't trust it enough  to invest such a large amount like 10000 $ in it. Especially when bitcoin is facing such a crisis like having  people losing huge amounts of money and the prices being very low , etc crap.

[HarHarHar9965]

There are no buying market and they ended by sell it for cheap. many people waiting for next bitcoin bubble, and ready to dump it after price skyrocketing. Because they hold expensive coin for too long.
Anyway this is risky moves, if they want to manipulate market, better in stocks

Yes, they are holding really expensively bought coins for too long and it becomes a liability than an asset to them so they try to sale it quickly. It is a very risky move, let alone the chances of manipulating the market. It is a far better decision to try make any strong financial effects which might affect the market by investing in stocks, as that's where the real money is.

[Kapz786]

If those people suddenly just buy millions or billions worth of btc and selling them instantly when the price goes up, will that not affect the economy? That will crash the market lol. And who would suddenly buy that many bitcoins, there's no one to sell it to.

[johnyj]

Put a large sell wall of 10000 coins at 270 and small buying order of 100 coins at 269, after a while you can collect some amount of panic coins

[ifightformerkel]

I also dont understand this.

If i would have that money i would buy step by step bitcoin worth of 1 million dollar.

And after 5 years the price will be easy at 25.000 Dollar or more and i make from 1 million - 100 million dollar. 

[oxiyusuf]

I also dont understand this.

If i would have that money i would buy step by step bitcoin worth of 1 million dollar.

And after 5 years the price will be easy at 25.000 Dollar or more and i make from 1 million - 100 million dollar. 

that if your estimate is correct, what if five years from now, bitcoin prices will come down?

[scarsbergholden]

I also dont understand this.

If i would have that money i would buy step by step bitcoin worth of 1 million dollar.

And after 5 years the price will be easy at 25.000 Dollar or more and i make from 1 million - 100 million dollar. 

that if your estimate is correct, what if five years from now, bitcoin prices will come down?

Anything could happen, what if we see a down year of 150 to 200 each btc, is only really to the new adopters and supporters at some point to keep up with the price the market is defenndly volatile and open to manipulation to anyone with a good thousands bitcoin.

[Amph]

I also dont understand this.

If i would have that money i would buy step by step bitcoin worth of 1 million dollar.

And after 5 years the price will be easy at 25.000 Dollar or more and i make from 1 million - 100 million dollar. 

that if your estimate is correct, what if five years from now, bitcoin prices will come down?

that's why traders prefer to play not in long term, because it be harder to predict, better to play with today swing and invest a ton with xxxx leverage

usually they play in the same range, until it become too predictable, then they move on another one

[pigzone]

Rich people these days are just really lazy and don't have any interest in bitcoin. But seriously they probably have better stuff to spend their money on.

[HigsonPP]

10 million $. Don't you agree with the fact that it is a huge amount. Why would the rich guys trust with so much money on bitcoin? It does involve a huge risk. Since people generally put their faith in the assured bank market.

[scarsbergholden]

10 million $. Don't you agree with the fact that it is a huge amount. Why would the rich guys trust with so much money on bitcoin? It does involve a huge risk. Since people generally put their faith in the assured bank market.

yea many of the rich people now in the world are rich conservative rich famalies that only invest with family bankers and so on, lets say bitcoiners are part of a new economic society that most rich people don't like to be apart of .

[manselr]

Rich people these days are just really lazy and don't have any interest in bitcoin. But seriously they probably have better stuff to spend their money on.

I think once the old people die and the younger generations inherit their millions, all those young guys will start seeing the value in owning BTC and investing in BTC based companies and all that old money will start getting inside the BTC ecosystem.