Topic: Manipulation of price by selling from your wallet into another wallet of yours? - page 2. (Read 2029 times)
December 05, 2013, 09:48:39 AM
At this point though, you would have to have an enormous about of bitcoin to really make a dent in transactions, and if you were sending a smaller amount an enormous number of times, you just lose money on trasnactinos fees for confirms.
December 05, 2013, 09:42:18 AM
I think you might be talking about Coin Days Destroyed. By moving coins between wallets, you can create the illusion that the market is more active than it really is.
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
http://bitcoin.stackexchange.com/questions/845/what-are-bitcoin-days-destroyed
December 05, 2013, 09:11:22 AM
So walk me through this - is it possible?
Also, maybe it's a stupid question, but localbitcoins can't be part of the price building process right? Because nobody but the traders themselves know how much cash was exchanged for the BTCs.
Also, maybe it's a stupid question, but localbitcoins can't be part of the price building process right? Because nobody but the traders themselves know how much cash was exchanged for the BTCs.
Jump to: