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Topic: Would I affect the btc price if I have say 500btc (Read 446 times)

full member
Activity: 238
Merit: 100
MERCATOX
500btc will not make a dent. But if a billionaire decides to trade bitcoins, we might be in trouble... if he decides to buy 1,500,000btc.


Buying btc might be hard for the poor guys.
member
Activity: 164
Merit: 10
Yeah you need a larger share to do anything these days.
full member
Activity: 532
Merit: 105
Play Bitcoin PVP Prediction Game
Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
If you want affect the general price of btc, so 500btc is less amount. you should need more amount.

Agree with this. but that will be affect on one little exchanges with few volume
hero member
Activity: 588
Merit: 500
Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
If you want affect the general price of btc, so 500btc is less amount. you should need more amount.
sr. member
Activity: 406
Merit: 250
i think you need 50000
full member
Activity: 172
Merit: 100
It obviously also depends on the price you want to change. It is much easier to low the price of 1$ than low it of 100$



hero member
Activity: 2968
Merit: 913
500btc is too small amount.
You need 1M btc to affect the btc price. Cool
member
Activity: 98
Merit: 10
Will I be able to affect the bitcoin price if I own 500btc.  If no, how many btc does a single person need to own ti5 affect the general price of btc
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