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Re: Nosnibor post# 34367

Wednesday, 09/07/2022 12:52:39 PM

Wednesday, September 07, 2022 12:52:39 PM

Post# of 57713
Doesn't matter on what platform you are making a purchase, when you make such a purchase as over 3 Trillion tokens at once that should definitely affect price per coin and move it up in my honest opinion unless you buy it from individual directly by sending him the payment and upon receipt of payment that individual will transfer the amount of coins directly to your wallet. But I think nobody doing it this way unless those two people know each other well, I mean it's sertainly can be done this way but it's not widely practiced because like I said you got to know that individual well personally because of the risk involved. And the amount of coins that are available in a pool for purchase are also affect the price movement. For example if there are 300 Trillion coins in sertain pool that you are buying from your 3 Trillion tokens then price would not get affected at all because of vast amount of coins still available. On the other hand if available coins in the pool are only 8 Trillion coins and you buy 3 Trillion coins out of that pool than it means that that one single purchase significantly reduced the available pool and price would react to that by going up in that proportion. But that is just my opinion and I don't know for sure that that's exactly how it works. If someone can share more light on this thought I would love to hear it.
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