Re: How much money and bitcoins do you need to influence the price?

Quote from: dunfida on June 18, 2018, 11:38:16 PM

Quote from: Kprawn on June 18, 2018, 04:09:05 PM

If the SEC says that the high price increase of last year was manipulation, then they must bring the proof. Let's do our own

informal assessment of the situation and determine what would be needed to cause that kind of a spike in the price. Wink

Manipulation or not but reaching out those prices is somehow questionable because certain things reaching out that range on a shorter timeframe cant be achieved out by traditional assets that why people who are engage into non so volatile things will have those jurisdiction.

Quote from: Soneo on June 18, 2018, 04:52:17 PM

I think maybe it could be up to $ 1 million to be able to affect the price in the market

As of writing BTC had overall marketcap on those value below.

$114,948,065,347

How would 1M usd would affect the price? We are talking billions here. BILLIONS!

Yes we are talking billions, but what's really involved? What do you think a marketcap of billions really means?