Do you think there should be a cap on how much sellers can go above and or below what a Bitcoin is worth for trading?

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Last post made 1 year ago by Bretames94
mamagotit
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  • mamagotit
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  • last active 3 years ago

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  • mamagotit
    • Started by
    • mamagotit
    • at Nov 09, 18, 09:42:15 PM
    • Full Member 183
    • last active 3 years ago

    To simplify the question do you think the sellers should have a percentage they have to go by ( meaning they can't sell them for Double the value ect.) on these trading websites and no higher and make Bitcoins more accessible to the public?

  • CBG
    • Replied by
    • CBG
    • at Nov 15, 18, 05:47:32 AM
    • Sweden Hero Member 997
    • last active 8 months ago

    no, coz the price is determined by supply and demand in a free market. 

  • Otto Dickmann
    • Replied by
    • Otto Dickmann
    • at Jan 30, 23, 03:46:22 AM
    • Newbie 6
    • last active 1 year ago

    As you are interested in crypto trading, you may also like iqcent copy trading. It is an easy way, when you just follow the strategy of successful experienced trader. You can use it for BTC trading as well. Good luck!

  • mannip24
    • Replied by
    • mannip24
    • at Mar 29, 23, 03:24:19 AM
    • United States Jr. Member 55
    • last active 1 month ago

    Lol this was my hustle when I was in college from-2014-2017 I would flip bitcoin  at localbitcoins.com and make 3-5 k a week. Once you build a rep on there you can put buy adds for 2-4 percent under the going rate..All day I would  get action from sellers because a lot of people have more than they  can ever sell. Then my sell ads on there would be 7-14 percent above depending on what method they needed buying from me.. So yea I would flip 5'gtand on most days make about  12 cents on the dollar at least.

  • Charlotte Wilson
    • Replied by
    • Charlotte Wilson
    • at Apr 03, 23, 10:19:19 PM
    • New Zealand Jr. Member 91
    • last active 20 hours ago

    Thanks for this post from:

    Not sure if a cap is the right solution but there should definitely be something in place!

  • Bretames94
    • Replied by
    • Bretames94
    • at Apr 03, 23, 10:47:28 PM
    • United States Sr.Newbie 26
    • last active 11 hours ago

    Thanks for this post from:

    Yes I think there should be some kind of regulations because for example the merchants at paxful are double if not trippling their money 

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