So /biz/ let's say that an investor wanted to put 25 million into Ethereum right now. What kind of effect would that have on the price of Ethereum? Is there a certain value per dollar ratio between the market cap and the value of Eth and other cryptos? Perhaps the calculation could help us speculate growth and realistic price projections. Anything to help give us the edge and get one step closer to our lambos, amirite?
>>2083014
If you go on a particular market, say Poloniex, and then scroll down to the market depth chart for Eth, it will tell you what the ask price for a depth of $25 million is at the moment. This will give you an approx answer bc it will take time to buy all of the coins and in the interim , people will changing their bids, etc...
With a market cap over 8 billion it would be a drop in the bucket. What would help the price grow in the short term is if retarded faggots stopped panic selling whenever bitcoin goes up or down 5 dollars.
>>2083014
Only goes to about $10 million USD - price is $180
ETH would go up about 27 cents
>>2083014
with that much capital, it would be common sense to spread risk on various assets, though 25M could nothing for you.
if, and a big fat if, you want to play with this shit, i wouldn't even consider cryptocurrencies with market cap below 100M.
Sure, you could gamble with sub penny shitcoins, and it is true bigger risk - bigger reward, but you basically will give money to any pajeet that "developed" their own currency and premined the shit out of it. just look at upwork and all the nigerians asking for devs to work an entire crypto coin project for them. hell, with that capital you could do it yourself, and use that money as seed to bait more retards.
I'd just start buying as soon as possible. It will take some time but you'll get it. I'd also do it on multiple exchanges.
Also, I'd hurry and do it now before things start mooning on their own this week. You'd make buckets if you start before the EEA hype buildup starts...which it seems already started this morning.
I live in London so I'd probably spend under £3 million developing my own Crypto, another 250K on marketting and make an easy 100mill min
>>2083255
Why invest so heavily into something that's near an all time high, sure it could go higher.
I think you'd have more luck investing into alt currencies over 10yrs desu
But goodluck
>>2083269
Because "alts" are almost all trash. ETH is poised to become the next internet.
>>2083259
>3 million for some pajeet to code
>>2083259
multiple pajeets, with multiple skills makes for a better crypto
>>2083310
>multiple pajeets, with multiple skills makes for a better crypto