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13129669 No.13129669 [Reply] [Original]

Does selling alts for btc make the price of bitcoin go up?

>> No.13130553

BTC is the only thing strictly limited in amount. Everything else tends to 0.

>> No.13130574

>>13129669
Thought experiment: let’s say you place a 10 tril dollar order through an alt. Would the price of btc rise?

You therefore have your answer (it’s yes technically, but in reality it will be negligible)

>> No.13130583

probably some triangular arbitrage opportunity would open up which would affect btc price

>> No.13130588

>>13129669
no, but selling your mom's pussy does

>> No.13130592
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13130592

>>13130588

>> No.13131522

>>13129669
no more than buying btc in cash
if a lot of people do it, yes
if it's just you, it's negligible