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First - other people will see the rise in price in that market and decide to start selling the item as well. If too many people do this, which always happens, abandon the market - sell what you have left for more than you bought it for and be done with it. A way to identify if there is too much supply is if there are 20+ of that same item at the auction house.
Secondly - people will not like you for doing this. In America, this is considered illegal. You ARE monopolizing a market and giving people no choice but to buy tenvi gold from you. You will get a negative reputation if you do this long enough - especially if you stay in a market for too long.
One Last Thing - this method eats up a lot of time. You will have to check the auction house at least twice a day to make sure everything is fine and at your price. You may end up doing this over leveling even. So, only go for this method if you want a challenge.