Topic: Nobody Can Have Benefit From a Big Pump - page 9. (Read 8225 times)
I think all investors will have benefits because they can dump and make a lot of profits.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Exchanges won't be able to stand in our way in this situation. There are other options like localbitcoins.com where you can sell/buy coins without needing the help of an exchange. If an exchange tries to suppress the price artificially, it will only lose customers&bitcoins&money. Nothing else. If they suspend withdrawals (both btc and usd) it will be their end and nobody will use their services again. So what you say doesn't make sense and probably impossible to happen.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Also remember the buying price which is giving also big profits from the exchange sites. If selling rate is higher then expect a much higher buying rate. Overall, still a good profit of the exchange.
And no way they will just disable withdrawals because of that since that will give them a negative feedback which they don't like as building trust in exchanges is really difficult these days.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Nope, for sure there are people who will benefit from the Big Pump, those who are holding their Bitcoin for a bit long time and aim to sell their Bitcoin at $3000 would definitely rush to exchange and sell their Bitcoins. And I doubt that all bitcoin exchanges will do this kind of thing. Holding people's fund.
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it would bring a big loss for exchange sites.
I do not think that it would bring a big loss to an exchange site, it gives more profit to them since they are charging in every transaction. Like for example, an exchange platform in my country charges around 5% everytime we sell/covert Bitcoin to our local currency. This exchanges would be happy if we converted our Bitcoin since it means a profit for them.
Op I disagree with you. Pump is good if it based on the principle of demand and supply, anything outside this is against the fundamental of that particular asset said bitcoin.
if something like this every happens then the first think will happen is what op said, exchange sites are going to get stop for some hours as because there will be maximum sell orders pending specially this will be hugely profitable for the long term investors. but honestly in trading amount matters more than time, as if you have large time then you can make so many profits but if you have huge investments then you are the whale you is controlling the price of an exchange
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If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
why you said like that? i think traders which is staying in that site will make profit with that pumps. i think the exchanges owner will make big profit too because many traders selling their bitcon in high price and traders must pay the fee and its mean, its a profit for the owner site.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
If exchange itself is not trading, they basically don't care
More specifically, they care for fees, and trading fees obviously come from trades, so when there are abrupt price movements the trading volume spikes too. And it doesn't matter whether the price flash crashes or flash surges. So, they are in fact interested in volatility and price being "alive", therefore prices pumping to 3,000 dollars per coin would provide exactly that, i.e. insane levels of volatility
This is actually right. Exchamgr are having profit from transaction fee and they are not the one who buy and sell the coin you are trading. The devs of the coin is the one who is giving funds for the exchange to cover some buy/sell order and the majority of the order on exchange came from different traders too. So having a flash punp is not an issue for exchangr
The altcoins are stored at the accounts of the exchanges, I am relatively sure about that.
But the fiat, I do not think that they would have enough of it if everybody would want to cah out. Especially not after a big jump in price.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
If exchange itself is not trading, they basically don't care
More specifically, they care for fees, and trading fees obviously come from trades, so when there are abrupt price movements the trading volume spikes too. And it doesn't matter whether the price flash crashes or flash surges. So, they are in fact interested in volatility and price being "alive", therefore prices pumping to 3,000 dollars per coin would provide exactly that, i.e. insane levels of volatility
This is actually right. Exchamgr are having profit from transaction fee and they are not the one who buy and sell the coin you are trading. The devs of the coin is the one who is giving funds for the exchange to cover some buy/sell order and the majority of the order on exchange came from different traders too. So having a flash punp is not an issue for exchangr
This has nothing to do with scam
Exchanges just make use of an opportunity to earn risk-free profits whenever such arises. They don't steal from their clients in a direct way. In fact, they may be even providing a somewhat better price for an incoming order (hence, front-running), though the difference will likely be infinitesimal (i.e. the lowest possible at this exchange). Even regulated, most "reputable" exchanges from the real world are regularly caught front-running the orders of their clients, and that's considered illegal by the regulating and supervising agencies and commissions
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Bitcoin can only go to $3000 if it is actively traded in exchanges, how else would it go to $3000?
Exchanges business is to enable exchange, why wouldn't they allow exchange and how would they lose?
Perhaps the author is comparing market trading like a dealer in gambling, this is wrong understanding because in fact the trade market itself obviously benefits from transaction fees, greater value exchanged = more fee is used, there is no loss at all due to increase in trading volume will increase.
If exchanger won't allow that then they will not gain the profit as well. Everything will stand still then. If people knows that it has pumped from 1300 to 3000 in few hours then everybody will put their money on exchanges to get even bigger fat profits. This will lead exchangers break even point to cross the positive line making them huge profits. Whatever is exchanged on these sites remains their only. Also, don't forget, big transactions means bigger fees straight into exchangers profit. So you might not see scenario of exchanges being halted in such case. But you never know the effect really. 
Another proof that people are never happy. They make fuss and panic either because of pump or because of dump, it's never good. And it's always some conspiracy theory about exchangers or something.
And you can always use localbitcoins instead of any other exchanger and make your profit.
And you can always use localbitcoins instead of any other exchanger and make your profit.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Can you specifically state what exchanges you are pointing out here? Or basically you are assuming?
He's just assuming, and that's stupid because exchanges wouldn't benefit from closing the trades...
Exchanges take no risk in making the trades! They allow trades between 2 people and take a percentage... Why wouldn't they allow it???
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
That's not true. If you are pertaining to exchanger of fiat money and bitcoin, it's impossible that you can't sell your bitcoin at the current price it has now which is high enough since they wouldn't be deficit in doing that as they get profit from their fee every time you buy/sell bitcoin from them. They have no right to refuse a bitcoin holder to sell his bitcoin for fiat money. Do you agree with this?
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Can you specifically state what exchanges you are pointing out here? Or basically you are assuming?
If you are not assuming, I think even for small numbers, we can see some dumping activity while this price surging is happening. I haven't read or encounterd some issues by the others that they didn't able to withdraw their respective balance with the current price increase.
If you assumed it, well you have a point but also look at the consequences if some of the exchanges will do that kind of doings.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
A exchange isnt the only place where you can sell BTC instant.
here and here as example you can sell some % below current value but with enough profit maybe a option.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Well I do agree with it since it is a frequent event that is always happening to exchanges. We cannot blame them since if they will not do that they will go bankrupt and they will close and if all exchanges close then that will be the end of bitcoin. So let us just leave that way if you have a huge btc in deposit then convert it to dollars if you cannot withdraw it then later on if everything is fine convert it to bitcoins again then withdraw.
Not at all!
Exchanges fail to deal the order because of the incredible activity that's all!
It's just because the load is too heavy not because they don't want to...
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Op that is why localbitcoin is there. If the exchangers refused to exchange bitcoin because the price has pump to a reality position of $3000 by the forces of demand and supply then there are not supposed to be in business. As for me I am praying for that type of pump so I can make more profits in my savings bitcoin. Do you agree with this?
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
Do you agree with this?
Well I do agree with it since it is a frequent event that is always happening to exchanges. We cannot blame them since if they will not do that they will go bankrupt and they will close and if all exchanges close then that will be the end of bitcoin. So let us just leave that way if you have a huge btc in deposit then convert it to dollars if you cannot withdraw it then later on if everything is fine convert it to bitcoins again then withdraw.
If Bitcoin price pumps from $1300 to $3000 in few hours, nobody would make profit from it, because the exchanges wouldn't allow you to sell your Bitcoins and make the fast profit, it would bring a big loss for exchange sites.
Do you agree with this?
If bitcoin jumps that high,do you think the first thing come to the holder's mind is to Sell the coins ? I think not.The price will continue to hike because of high demand and less supply. Do you agree with this?
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