Post
Topic
Board Bitcoin Discussion
Re: What prevents one large player from buying up most coins?
by
BitcoinHodler
on 24/06/2016, 16:39:16 UTC
i think the issue here is not about whether or not someone can do this. the biggest part is WHY ?

if the reason is for profit then i have to say that there are so much easier methods of making money with that much money and not do this.

one of the easiest methods is to start a new coin yourself and advertise the shit out of it with 1/100 money that you need to do what OP is saying then premine almost all of it then start hype > pump > dump for profit > rinse and repeat (if process sounds familiar because it is the process used in ethereum)