Post
Topic
Board Economics
Re: Nobody Can Have Benefit From a Big Pump
by
ufaiz50
on 04/06/2017, 04:29:43 UTC
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?
then how do you know the bitcoin price in the pump if the exchanger doesn't allow to sell bitcoin. I think if you sell bitcoin when at the pump $3000 the loss is who people buy bitcoin at that price so why exchange site must loss if there's pump. (buy and sell not just sell)