But it is a theory I would go for if I was managing $10 billion, and become a fund manager of the year/decade.
And that is why you are not managing $10 billion.
As I said people are already selling at $0.27, they will continue to sell it at $9.80.
Only difference is you would have to buy it at $9.80 to keep the market cap. Since now you pumped the market there is more money in the market than you can afford. Which means market cap would go down pretty quickly once you run out of money to support the price.
And if someone else comes and does the same as you did, now you are even in bigger trouble. If they don't try to support the elevated price, now you need to defend that elevated price or the debt limit would be reached.
This someone else doesn't need to be an instuition, they can be individuals. Any HBD they convert or gain is a nail in your coffin. Because individuals would not defend that price, they would not have the power to defend that price.
And thanks to you pumping the price of Hive to statosphere, everyone is earning ton of HBD.
Even before you can buy enough HIVE to convert to HBD, ton of HBD would already be printed.