Author

Topic: what if ... (buy on OTC, sell on exchanges, repeat it) (Read 1277 times)

legendary
Activity: 1512
Merit: 1005
Go for it!
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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).
hero member
Activity: 569
Merit: 500
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 ...
full member
Activity: 235
Merit: 100
I was promised da moon
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
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
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
full member
Activity: 235
Merit: 100
I was promised da moon
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes

IIIIIIIIIIIIIIIII want candy!
legendary
Activity: 1281
Merit: 1000
☑ ♟ ☐ ♚
Yes, it is possible. BUT WHO WANTS BITCOINS!?!??!?!  Roll Eyes
hero member
Activity: 569
Merit: 500
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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