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Bitcoin => Bitcoin Discussion => Topic started by: worldtraveller321 on September 29, 2020, 04:50:19 PM



Title: If all BTC Gets Bought Up?
Post by: worldtraveller321 on September 29, 2020, 04:50:19 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?


Title: Re: If all BTC Gets Bought Up?
Post by: MCDev on September 29, 2020, 04:58:28 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.


Title: Re: If all BTC Gets Bought Up?
Post by: BlackHatCoiner on September 29, 2020, 04:58:30 PM
Actually if someone tries to buy all the bitcoins, it would be the greatest thing he could do to all of us, because the price would pump. The result would be that bitcoins will be more valuable and not less. Also, no one can buy them all. Even Jeff Bezos that currently is the wealthiest person alive cannot buy all the bitcoins unless he makes 1 transaction of 18M bitcoins. Since no one owns 18M bitcoins, Jeff will have to buy all the funds from every exchange. This will simply increase the bitcoin's price and fail the task of Jeff to gather all the bitcoins to one wallet.

Simple economic rules.


Title: Re: If all BTC Gets Bought Up?
Post by: Pffrt on September 29, 2020, 05:11:37 PM
I don't think such demand would ever created in the market or even if whales come to invest in BTC, they are unlikely to come everyone at a time. Anyway, if such demand gets created, the price will skyrocket for sure and by that time, every satoshi will be worthy than anyone can imagine at the moment.
And that's where Armstrong would be right by his prediction that "Owning 1 whole BTC would be a tough job." He said it in different way though.


Title: Re: If all BTC Gets Bought Up?
Post by: Anyobsss on September 29, 2020, 05:13:45 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
wouldn't that make bitcoin valueless if only few people will have it because there will be no volume in the market? I don't think Whales will do that and they can't possibly do that.


Title: Re: If all BTC Gets Bought Up?
Post by: stompix on September 29, 2020, 05:30:57 PM
Then the value of some of us who just have 0.00054  BTC  have little value in the long term?
Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?
thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Supply and demand.
As more bitcoin gets bought and pulled out of circulation and into cold wallets there are less offered on the market thus the price will increase.
Imagine somebody is trying to buy all the gold in the world, would that make your jewelry or gold bars worthless or more expensive? Obviously the second.

Second, why would somebody waste 200 billion (I'm ignoring the obvious rise in price) just to buy all the bitcoins and destroy them?
You don't get that amount of money by doing stupid things, if they buy they buy so if the price increase they will make gains when selling them, which brings us back to square one.

I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.

In theory that would make the job of a buyer easier, as those coins are locked so he doesn't;t have to buy another 3 million of them, if his target is to buy all circulating coins, it doesn't make a difference if those are in this pocket or lost.



Title: Re: If all BTC Gets Bought Up?
Post by: adzino on September 29, 2020, 05:31:53 PM
Actually if someone tries to buy all the bitcoins, it would be the greatest thing he could do to all of us, because the price would pump. The result would be that bitcoins will be more valuable and not less. Also, no one can buy them all. Even Jeff Bezos that currently is the wealthiest person alive cannot buy all the bitcoins unless he makes 1 transaction of 18M bitcoins. Since no one owns 18M bitcoins, Jeff will have to buy all the funds from every exchange. This will simply increase the bitcoin's price and fail the task of Jeff to gather all the bitcoins to one wallet.

Simple economic rules.
Yeah, it is going to cause the price to pump since there will less supply as the person who is buying everything will be holding the coins. You really think this is the "greatest thing he could do for all of us"? Not really! He can now start controlling the price of bitcoin. He can slowly start releasing the coins into the market. People will start buying it at high price and cause further pumping. Now once he is ready to make profit, what if he dumps all the coins? A lot of people will start making losing money while that one person who bought all the coins make some sweet profit. Owning most of the supply will only lead to easy price manipulation by the holder and we don't want that to happen. Instead, if the supply is spread among everyone, we will have a healthy market.


Title: Re: If all BTC Gets Bought Up?
Post by: target on September 29, 2020, 05:59:27 PM


The traders selling BTC will sell it for a high price because of the demand while the supply is getting thinner. That 0.00054  BTC of your could be much bigger in USDT value if that happens but don't expect too much because its almost impossible for all BTC to be bought up, there will always be traders who are going to take profit. The miners will still be mining but will however sell them for a high price too.


Title: Re: If all BTC Gets Bought Up?
Post by: wxa7115 on September 29, 2020, 06:15:18 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
An interesting scenario but things do not work like that, if the demand of certain whales grows then the price has to go up no matter how much they try to disguise their goals, then unlike what you may think many people will refuse to sell their coins making the supply even more scarce making the price to go up even further and this will prevent any attempt to buy all the coins in the market.

Also there is no point in doing something like that, a currency is more powerful the more people use it, why do you think bitcoin is still the best coin in the market when we have thousands of clones already? Because the number of people that use it ranges in the millions while the other coins do not have such a huge user base, as such if a whale got all the bitcoin on the world what good would that be if he has no one else to transact with?


Title: Re: If all BTC Gets Bought Up?
Post by: ChrisPop on September 29, 2020, 06:19:19 PM
Follow the old and ever actual supply and demand law. The "scooping" and HODL'ing of Bitcoin reduces the supply. Thus:

1) Demand stays the same >> Price goes up
2) Demand increase >> Price goes up more
3) Demand decreases >> Uncertain


Title: Re: If all BTC Gets Bought Up?
Post by: Artemis3 on September 29, 2020, 06:32:38 PM
Actually if someone tries to buy all the bitcoins, it would be the greatest thing he could do to all of us, because the price would pump. The result would be that bitcoins will be more valuable and not less. Also, no one can buy them all. Even Jeff Bezos that currently is the wealthiest person alive cannot buy all the bitcoins unless he makes 1 transaction of 18M bitcoins. Since no one owns 18M bitcoins, Jeff will have to buy all the funds from every exchange. This will simply increase the bitcoin's price and fail the task of Jeff to gather all the bitcoins to one wallet.

Simple economic rules.

Same reason pumping and dumping doesn't work with large established assets. The moment you try, you cause the price to go up. You cannot perform a single order to buy all available units, so as you keep buying the price increases eventually locking you out.

The clear answer is this: No one can buy or sell all bitcoins.

What ChrisPop says is a bit inaccurate. If demand = same, fiat is still losing value. Remember this is by design backed by the school of Chicago beliefs, fiat has to lose value for they are scared of deflation. Only the Austrian school would embrace something like bitcoin, the Austrians do not fear deflation unlike everyone else. Deflation is good, break out of your mold and study Mises (https://mises.org/books-library) and friends.


Title: Re: If all BTC Gets Bought Up?
Post by: romero121 on September 29, 2020, 06:44:13 PM
The chance of the entire bitcoin to be bought is really an impossible thing to be done by any of the large scale firm. Maybe mining pools can generate more power and keep on accumulating the coins that are to be mined. Very little is available to be mined compared to the entire supply of 21 million.


Title: Re: If all BTC Gets Bought Up?
Post by: BrewMaster on September 29, 2020, 06:57:10 PM
it is too late to buy all the bitcoin supply because the market has already grown too big and if they start buying up the supply the price keeps going up then starts going up exponentially and before you know it after a 5% buy the price reaches $1 million.

what big whales do is usually buying the dips and buying from weak hands when they panic sell. they do it slowly over the long haul to both not push the price up suddenly and to stay under the radar.

additionally not all the supply is for sale to begin with. there are already so many people who have bought so many different amounts of bitcoin.


Title: Re: If all BTC Gets Bought Up?
Post by: Twentyonepaylots on September 29, 2020, 06:59:13 PM
There's no way that bitcoin will be bought by a single person or organization, apart from the total amount of bitcoin they have to purchase there's this massive progressive transaction fee each buy they are going to make. Let's say they buy all the bitcoins, price won't be moving anymore as demand is near zero and supply is locked, they must think they stored all the value but the market for bitcoin will just die.


Title: Re: If all BTC Gets Bought Up?
Post by: Upgrade00 on September 29, 2020, 07:02:48 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.
You are probably referring to institutional investors like Grayscale which holds over 2% of total current supply and regularly increasing their stash, as well as others like microstrategy. Some more of such buys would likely happen as Bitcoin gets more popular and adopted making Bitcoin scarcer, as weak hands sell to stronger hodlers.

IF all the supply is bought up. It would make it very hard for others to get BTC.
Hypothetically, yes. If more bitcoins is bought from exchanges and taken out of circulation, this decreases liquidity and causes scarcity, increasing the value of the asset. Regular trades are always happening on exchanges but a scenario were all bitcoins in circulation is bought up by a single individual or business is highly unlikely, considering the price and market limitations, also, large number of coins are stored off exchanges and not moved around regularly, these can be returned to circulation at anytime.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?
If the price of 1BTC rises to $1 million, then, 0.00054BTC would be $540, that is hardly pennies, an increase in value is beneficial to every investor regardless of how much they own.


Title: Re: If all BTC Gets Bought Up?
Post by: Bitcoinislife09 on September 29, 2020, 07:05:25 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?

If whales buy a lot of supply of bitcoin that is gonna make the market value of bitcoin increase for sure. And when the market value of bitcoin increases a lot of for sure it is going to be hard for a lot of people to get bitcoin. But in the other hand it has a good effect for the investors that already invested in the bitcoin since bitcoin is going to increases its market value they are going to make a profit and maybe get the opportunity to sell their bitcoin at a good price. Having a lot of investors in bitcoin is a good thing for majority of people.


Title: Re: If all BTC Gets Bought Up?
Post by: figmentofmyass on September 29, 2020, 07:06:21 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

little value in bitcoin terms perhaps, but if the entire supply of bitcoins is being bought up by whales, then the dollar value of your 0.00054 BTC will significantly appreciate. it's only worth 5 bucks now. imagine if 1 BTC = $1 million though. it'll be worth $540!

it's simply a matter of supply and demand---strong demand brings higher prices.


Title: Re: If all BTC Gets Bought Up?
Post by: BlackHatCoiner on September 29, 2020, 07:11:28 PM
Now once he is ready to make profit, what if he dumps all the coins? A lot of people will start making losing money while that one person who bought all the coins make some sweet profit.

He can make a sweet profit if he sell all the coins on one transaction. If he won't find a buyer that will accept to take all the bitcoins in exchange with dollars, he will have to start selling on exchanges. This will dump the bitcoin price especially if we're talking about millions of bitcoins. Thus, no sweet profit. Only big loss, to him and us.


Title: Re: If all BTC Gets Bought Up?
Post by: ralle14 on September 29, 2020, 07:47:28 PM
If whales buy a lot of supply of bitcoin that is gonna make the market value of bitcoin increase for sure. And when the market value of bitcoin increases a lot of for sure it is going to be hard for a lot of people to get bitcoin. But in the other hand it has a good effect for the investors that already invested in the bitcoin since bitcoin is going to increases its market value they are going to make a profit and maybe get the opportunity to sell their bitcoin at a good price. Having a lot of investors in bitcoin is a good thing for majority of people.
When the price goes up I think it's only going to encourage more people to invest like what happened few years ago. The only bad part I could imagine here is the miner fees since it's most likely going to be expensive in terms of fiat.

The whales can't hold the entire bitcoin supply forever, if profit is their main priority eventually they have to spend a bit of it until the supply spreads.


Title: Re: If all BTC Gets Bought Up?
Post by: Initscri on September 29, 2020, 09:09:43 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.

Also, that's implying that sellers would even want to sell.

If there is a massive initiative (from whomever) to purchase all Bitcoins, I wouldn't be surprised if a few solo/group actors decided to hold on to the Bitcoin to inflate, or save Bitcoin in general.


Title: Re: If all BTC Gets Bought Up?
Post by: supine on September 29, 2020, 09:13:40 PM
If all BTC gets bought up I think the price would rise up and the people who holds them would still sell some they wouldn't just hold it people would still make transaction and miners could get some BTC through it.
Those who have little could still earn or buy some in trading sites I am sure that there would be some who are going to sell it since it would be useless to just hold it all if there isn't any price movement.


Title: Re: If all BTC Gets Bought Up?
Post by: pixie85 on September 29, 2020, 09:46:22 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.

Also, that's implying that sellers would even want to sell.

If there is a massive initiative (from whomever) to purchase all Bitcoins, I wouldn't be surprised if a few solo/group actors decided to hold on to the Bitcoin to inflate, or save Bitcoin in general.

You're right that would happen for sure but let's say they'd want to buy all bitcoins already available for sale. It also wouldn't be possible.

As the supply would shrink the prices would start to skyrocket which would as a result make it harder and harder for these buyers to keep up.

Say there's a million coins on an exchange for 10 thousand usd. Once they'd buy half of it the price would already double so the next 500 thousand would cost them over 20 thousand each. If they'd keep buying the last 100 thousand would be worth 50 thousand USD each and every bought Bitcoin would increase the price even more making the last coins on the exchange worth probably a million USD each.

People who would see these prices would start sending their coins to the exchange and putting them up for 2, 3, 4 million USD to see if those buyers will keep doing what they're doing.


Title: Re: If all BTC Gets Bought Up?
Post by: dunfida on September 29, 2020, 09:57:15 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
You shouldnt mind or stress up yourself much into this matter because the last bitcoin would be mined would be on 2140  which i can say that all of us would be dead on that time.Okay, lets assume that we are still alive and Bitcoin do still exist into that year then it would be probably on new heights when it comes to price but when talking about future then we know that nothing is assured.When it comes to that million price then we cant tell, but for sure people can still own bitcoin if they do liked to, circulation would be still there into those years.


Title: Re: If all BTC Gets Bought Up?
Post by: Twinkledoe on September 29, 2020, 10:37:23 PM
There's no way that bitcoin will be bought by a single person or organization, apart from the total amount of bitcoin they have to purchase there's this massive progressive transaction fee each buy they are going to make. Let's say they buy all the bitcoins, price won't be moving anymore as demand is near zero and supply is locked, they must think they stored all the value but the market for bitcoin will just die.

If they will do that, they just made bitcoin die on its own. I don't think that is a very smart move to do. The reason why btc has value in the market because of this supply and demand and if they will hoard all the btc, how can they have value on that? So nope, that's not gonna happen. There may be whales holding a lot of BTCs but they will not aim to hold all of it. That's nonsense though.


Title: Re: If all BTC Gets Bought Up?
Post by: Shasha80 on September 29, 2020, 10:37:40 PM
I am happy if many whales buy Bitcoin, because it will definitely make the Bitcoin price go up. But I am sure there are no whales
planning to buy all the Bitcoin, because whales are not just investing in Bitcoin. The money whales own cannot possibly be invested
in all Bitcoin. After all, it must require a lot of money if you plan to buy all of Bitcoin, and I bet no whales would want to spend that
kind of money.


Title: Re: If all BTC Gets Bought Up?
Post by: Yamifoud on September 29, 2020, 10:42:42 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
What is the purpose of buying it all? And I don't think that someone will accumulate those numbers for jus the seek of being reedy and call himself as a Lord of Bitcoin. I wasn't then to praise him but have to ignore.

Even before when the price of Bitcoin is below $1 but nobody thinks it to buy them all because it wasn't the right thing to do. The price moves high eventually as the demand increase but not in a way that someone controlling it.


Title: Re: If all BTC Gets Bought Up?
Post by: sheenshane on September 29, 2020, 10:43:43 PM
I am happy if many whales buy Bitcoin, because it will definitely make the Bitcoin price go up.
If you're a Bitcoin holder you might be happy for that news and it may have a bullish trend once the demand will increase. But if you are accumulating or your late investor, no you can't. Because you think that Bitcoin is very expensive if the demand will be increased. I don't think if there is a whale accumulator of Bitcoin that can do that, it is hard to play a game in the Bitcoin market if the demand will get higher, for sure the price will increase too and I don't know the whale can still manage on it.

I don't know if there's 1 person who will get bought up all Bitcoin, even in this Cointelegraph article asking "If Jeff Bezos Bought All Bitcoin in Circulation (https://cointelegraph.com/news/what-would-happen-if-jeff-bezos-bought-all-bitcoin-in-circulation)", it will probably stack on the miners.


Title: Re: If all BTC Gets Bought Up?
Post by: maxreish on September 30, 2020, 02:24:12 AM
You just overthinking things, buddy. Whales will not forever hold those bitcoins. So it doeant makes sense that others will be hard for them to get those bitcoins. If you ever aware bout the word "volatility", you'll find out the answers why am I saying this. Because thats how it works. Investors will probably wait for the time wherein bitcoin's price will be dumped and when whales will gonna sell of their btc.


Title: Re: If all BTC Gets Bought Up?
Post by: Saisher on September 30, 2020, 07:42:14 AM
There's no way that bitcoin will be bought by a single person or organization, apart from the total amount of bitcoin they have to purchase there's this massive progressive transaction fee each buy they are going to make. Let's say they buy all the bitcoins, price won't be moving anymore as demand is near zero and supply is locked, they must think they stored all the value but the market for bitcoin will just die.

I also agree to that, because investors and hodlers have different plans on how much they are going to sell their coins some are planning to sell when it hit $50k some even higher, some kept their coins for a long time and will only sell it after 20 years or higher, no whales or company can buy all the Bitcoin, it's just hard to do or impossible.


Title: Re: If all BTC Gets Bought Up?
Post by: imstillthebest on September 30, 2020, 07:57:00 AM
 the question is identical to the question of if all btc have been mined up ? . the question i brought up has a good answer before so same goes to your question , theres also a positive effect that will happen so dont worry  .

so what if you end up with 50k sats above ? but if they buy all the btc , that 50k sats can shoot up to a hundred dollar in fiat form or more than that but who says that you can only get 50k sats ? now that there are still btc left , why not buy more .


Title: Re: If all BTC Gets Bought Up?
Post by: Warkop on September 30, 2020, 10:59:25 AM
I think something like this will not be possible, because some people still want to hold it and never want to throw it away, maybe everyone knows BTC is a very valuable digital asset and will give huge profits when they keep it, so the point is all big investors don't will be able to buy all the BTC to get it.


Title: Re: If all BTC Gets Bought Up?
Post by: witcher_sense on September 30, 2020, 11:59:57 AM
Bitcoin doesn't exist in a vacuum. All of the bitcoins that were ever mined have already been bought up by someone who was willing to pay a certain price. There is no free bitcoins laying out of the economy. Miners are paying for bitcoins via the the electricity consumption, traders and ordinary users are paying for bitcoin by converting their hard earned fiat money into something more valuable. Freelancers are directly recieving bitcoin by offering their skills, their labor and time are exchanged for bitcoin. If they all notice that their earned bitcoins get more valuable due to increased demand, they will likely hodl them and wait for a desirable price.


Title: Re: If all BTC Gets Bought Up?
Post by: yazher on September 30, 2020, 12:14:52 PM
That's not going to happen since the movement of the BTC market is not like that of shitcoins. When someone starting to harvest BTC in the market, the price will greatly increase, and that what's we called bull-run. When something like that happens, the price will rise up to $100,000 for 1 BTC or more. That's why I said from the start, that's not going to happen because whoever does that will drastically lose his money to buy Bitcoins at its peak prices.


Title: Re: If all BTC Gets Bought Up?
Post by: arwin100 on September 30, 2020, 12:15:22 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?

I also think for this scenario sometimes but most likely it will never happen since there's no rich guy would risk to buy all bitcoins nor any person would take a race to buy all the supply since by the time they execute their orders for sure the price would slowly pump and it will take a lot of money for them to cope the marketcap so for sure this idea will never gonna happen, although there are so many whales around but I believe they are buying enough for their daily usage.


Title: Re: If all BTC Gets Bought Up?
Post by: lovesmayfamilis on September 30, 2020, 12:41:33 PM
You can also notice that no one will be able to buy all the bitcoins. Since a certain percentage was lost forever. And this is about 20 percent or slightly higher.
The bitcoin course is based on how interested the crypto community is in it. If Bitcoin can be bought up all, how can its price rise from this? Miners will have nothing to mine, traders will have nothing to trade. Interest can be lost.
But as we all know that the last bitcoin will be mined only in 2140, there is no need to worry about it.


Title: Re: If all BTC Gets Bought Up?
Post by: ampu on September 30, 2020, 01:22:07 PM
They buy for sure, but they get out early when they make a profit. Don't expect someone to hold it for a record price.
Markets have been like this for many years and we cannot change them.
The law of supply and demand has existed for many years. Bitcoin depends on many factors to increase in price. You need to understand that spot trading also has derivatives such as Margin, futures, and ETFs.


Title: Re: If all BTC Gets Bought Up?
Post by: Peanutswar on September 30, 2020, 02:27:26 PM
If that person buys all the bitcoin all over I think it becomes more expensive and they can manipulate all of the things with the use of the bitcoin also it has an impact on the cryptocurrency because some of the coins are have a paired with this.
And also there is no price movement is the person bought all the bitcoin and holds it. We do need to circulate all of the things to make a good market flow. Don't be greedy.

But I think it will never happen because even the richest person in the world will not give time and losing money easily just collecting all of the bitcoin. The miners also have a specific number of bitcoin will be mined.


Title: Re: If all BTC Gets Bought Up?
Post by: sunsilk on September 30, 2020, 02:47:58 PM
It's all about supply and demand. The explanation and narrative that op is telling are understandable. The solution for being a small-time investor is to accumulate as much as you can. Be wise just like what the institutions are doing. They are now knowledgeable and aware of the true potential of bitcoin.

Just for the record: Institutional Investors Are Scooping Up All the Newly Minted BTC, Leaving Not Much Left to Buy (https://bitcoinexchangeguide.com/institutional-investors-are-scooping-up-all-the-newly-minted-btc-leaving-not-much-left-to-buy/)


Title: Re: If all BTC Gets Bought Up?
Post by: lebregone on September 30, 2020, 05:45:32 PM
If whales can get something in doing this kind of strategy where they are going to manipulate the bitcoin price by buying almost all the bitcoin supply then it will be possible as they have the power to do so especially if all the big whales will unite in order to do this.

But right now, I cannot see that they are going to do this as they cannot earn a big profit if in case they are going to do this strategy. Right now, whales are holding  only 42.1% of all the bitcoin supply.


Title: Re: If all BTC Gets Bought Up?
Post by: 7788bitcoin on September 30, 2020, 05:56:41 PM
Thoughts. Seems more and more "whales' are getting into BTC
Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.
IF all the supply is bought up. It would make it very hard for others to get BTC.
I am confused what you are trying to tell, if you have the money you can purchase the coin and how come it will be harder for people to get the coins. If you think that the market will be showing no activity then you have no idea about what you are talking about. The market is open round the clock and millions of bitcoins are traded on a daily basis. The increase in demand means the price rallies.


Title: Re: If all BTC Gets Bought Up?
Post by: Jstandhope on September 30, 2020, 06:02:27 PM
I believe buying all the Bitcoin in circulation will cause a scarcity in Bitcoin and if there is scarcity there will be inflation, and if there is inflation then those who have Bitcoin locked up in their wallets which are in the supply Market no matter how little the amount of bitcoin it will have value which in turn will cause the owners to make more money according to the amount of Bitcoin you have available at this point.  So if you have Bitcoin available in your wallet when all the Bitcoin in the supply chain are bought off then you should rejoice because your are not going pennies rather you will be rich according the available Bitcoin you have .


Title: Re: If all BTC Gets Bought Up?
Post by: hahay on September 30, 2020, 06:59:28 PM
Basically if you no have skills and no money, actually it is quite difficult for you to get bitcoin and thus, I don't think everyone who is rich wants to buy bitcoin, so there will still be space for you to get bitcoin and of course with your own way and back again, if you don't have a way then it will still be difficult for you to get bitcoin even though bitcoin still has supply. This case is just a thought that is a concern for yourself, because I personally am not that worried about the thought that is your problem because after all, the supply will definitely run out and those who have a lot of bitcoin are certainly smart people and not just about whales.


Title: Re: If all BTC Gets Bought Up?
Post by: Jumperman4 on September 30, 2020, 08:11:40 PM
If grayscale, and a few big name companies bought as much btc in one go, the price would sky rocket. However you WOULD NOT be able to sell, because coinbase/ kraken/ gemini would go down, like they would pull their internet offline.


Title: Re: If all BTC Gets Bought Up?
Post by: shield132 on September 30, 2020, 09:02:29 PM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
Who is buying a supply of Bitcoin? No one has done such thing when price was some bucks and do you really believe that it's possible for now for someone to buy that much bitcoin with current price?
But still, even if we may consider that moment when whales buy almost all of the bitcoins, then, logically price should be high cause it's kind of reseller technique. Buy in cheap price and sell in higher one, especially when it comes to a things that costs billions in overall.
There is demand - there is supply and when demand is higher, price becomes higher. If something had a cost of 10K in past, if demand decreases, it will come near to zero according to regress but there are still some factors to consider.
And, do you have that 0.00054 bitcoin and are thinking around it? :D


Title: Re: If all BTC Gets Bought Up?
Post by: Rengga Jati on September 30, 2020, 09:03:51 PM
Do you mean if all BTC has been mined and the whales have bought all BTC?
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.
If so, why should we worry about this? This will be kind of what the other people here said, Supply & demand. More demand will be better to increase the price of BTC. Additionally, do you think that if whales by all BTC, they will only hold it on their wallet? Well, it may be. But, it doesn't mean that they will never sell it. Everyone buys something to get profits. And if all BTC bought, it means that it is a good condition. More people to buy, more increase the price, commonly this what happens.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?
Value in Bitcoin is not meant to be like that. It doesn't mean that if you have a small BTC, your value will be also small enough. The value of BTC will be the same for all amounts of BTC. And when you have only that amount, you can use it for trading. DO you think everyone will only buy BTC and hold it without selling on the market? I don't think so. Everyone likes money and profits. If someone holds BTC for any purpose, they will do it for the shake of profits in the future. And it may make the price increased.

So, you may not worry if you only have a small amount of BTC.


Title: Re: If all BTC Gets Bought Up?
Post by: MCobian on September 30, 2020, 09:06:29 PM
I don't think there are any rich people or large companies planning to buy all the Bitcoin that is in circulation.
If someone manages to buy all of Bitcoin, this will make the Bitcoin price go up and even more expensive.
However, the market will be unhealthy in my opinion, because Bitcoin is controlled by only a few people.
I want Bitcoin to be owned by many people, so the Bitcoin price movement in the market will be healthier.


Title: Re: If all BTC Gets Bought Up?
Post by: chanler on September 30, 2020, 09:23:36 PM
With a large buyout on BTC. Then this will make the BTC supply finally getting smaller. It might even be impossible to mine anymore. And this will affect the price of BTC which will be determined by the whale. Of course this is an adverse condition for the owner of a small portion of BTC.


Title: Re: If all BTC Gets Bought Up?
Post by: Distinctin on September 30, 2020, 09:23:48 PM
I don't think there are any rich people or large companies planning to buy all the Bitcoin that is in circulation.

Unless, if all Bitcoin holders will sell their holding coz I believe that they don't want it also.

If someone manages to buy all of Bitcoin, this will make the Bitcoin price go up and even more expensive.
However, the market will be unhealthy in my opinion, because Bitcoin is controlled by only a few people.
I want Bitcoin to be owned by many people, so the Bitcoin price movement in the market will be healthier.
Even though someone owns hundreds of Bitcoins still the market can't be controlled. It was the amazing feature of Bitcoin that we can never change since before and I don't think we need to change either and accumulate all Bitcoin just for this plan. I wonder also if someone could make it possible and succeed.


Title: Re: If all BTC Gets Bought Up?
Post by: jrrsparkles on September 30, 2020, 09:27:59 PM
I can assure you that whales are not going to to purchase all the bitcoins because the circulation is indeed for the supply and demand chain, if there is no supply the price may get into millions or zero depends on how people feel about it, more and more people are entering into cryptos it means they are buying bitcoins as well so the distribution happens more than before and it will keep on increasing.


Title: Re: If all BTC Gets Bought Up?
Post by: Astvile on September 30, 2020, 09:37:36 PM
There are persons/companies who can literally buy all bitcoin circulating in exchanges now but I doubt that they are interested in doing that. Yes bitcoins price will surely rise if they have all bitcoin in their wallet they will earn tons of money but risking that much of a money I think its a no for them.
But without bitcoins in an exchange I doubt that they will continue operation so I expect that most exchange will be out of business if this will happen.


Title: Re: If all BTC Gets Bought Up?
Post by: DoublerHunter on September 30, 2020, 10:26:03 PM
I can assure you that whales are not going to to purchase all the bitcoins because the circulation is indeed for the supply and demand chain, if there is no supply the price may get into millions or zero depends on how people feel about it, more and more people are entering into cryptos it means they are buying bitcoins as well so the distribution happens more than before and it will keep on increasing.
^ That is definitely right, it is matters of the large circulation and you can be determined the demand. Bitcoin has many pair to trade in altcoins, it is impossible to have many bitcoin in just 1 wallet and accumulate them all. Bitcoin has value because you can make different trading pairs of thousands of exchange and as you can see, the more transaction the more huge fees comes. Nevertheless, I don't see anyone can do that even me either.


Title: Re: If all BTC Gets Bought Up?
Post by: kawetsriyanto on September 30, 2020, 11:16:33 PM
My question: is it possible that all Bitcoin holders selling all their Bitcoin during a certain period? And they don't leave a single bitcoin for investment? Even in the bullrun, I am pretty sure that many people won't sell their Bitcoin because for many reasons. Also, I don't think that there is someone who really wants to risk all their funds into Bitcoin by buying all the Bitcoin in the world. Have you thought about these basic things, mate?


Title: Re: If all BTC Gets Bought Up?
Post by: Sadlife on September 30, 2020, 11:26:47 PM
That's just how the market goes, there are investors with a lot of stash while other only invest in pennies, Some invest early and gain huge and some invest to late with a high price unable to ride the trend. We can't control the market, that's just how give and take works, and its free not controlled by regulations or any whatnot by the government to tax you with insane fees. So better accumulate, while you still can because if the Institutional money pours in. We will no longer see BTC in low price.


Title: Re: If all BTC Gets Bought Up?
Post by: isaac_clarke22 on October 01, 2020, 12:01:05 AM
~
I don't think that a single whale could buy the entire supply of BTC anyway.
Those who even have the most money outside crypto won't think of buying what's left of few of bitcoins because probably the price skyrocketed due to the massive increase in price of course.
Even those who planned to be a whale can't do it anymore for the said reason. They're just likely to become the usual investor because they can't buy a lot of coins.


Title: Re: If all BTC Gets Bought Up?
Post by: Wexnident on October 01, 2020, 12:14:04 AM
I doubt it could be possible, and even if so, people would just simply start using it in smaller values ( 0.0001btc, or in satoshis) so that it can accommodate a larger amount of population. There's absolutely no sense for a currency to be held only by a select part of a population, it would only result in damage towards its economy, which I'm pretty sure most people who can hoard Bitcoin should know. A person holding every possible fiat in the world isn't rich, but rather the poorest, just like the rest of the world who doesn't own a single coin of fiat.


Title: Re: If all BTC Gets Bought Up?
Post by: leway.ph on October 01, 2020, 02:41:24 AM
There is nothing to worry about, because first no one will buy bitcoin all and keep it to the long run because even whales know how to play with this business.
~~
The btc you have will grow more in value if the price of each BTC increases, regardless of how much BTC is that.


Title: Re: If all BTC Gets Bought Up?
Post by: worldofcoins on October 01, 2020, 03:31:33 AM
I doubt it could be possible, and even if so, people would just simply start using it in smaller values ( 0.0001btc, or in satoshis) so that it can accommodate a larger amount of population. There's absolutely no sense for a currency to be held only by a select part of a population, it would only result in damage towards its economy, which I'm pretty sure most people who can hoard Bitcoin should know. A person holding every possible fiat in the world isn't rich, but rather the poorest, just like the rest of the world who doesn't own a single coin of fiat.

Most importantly it's difficult to purchase bitcoins. There are 18 Million bitcoins that are mined and the cost is essentially high.
Nobody can purchase 18 Million of bitcoin on at once. Bitcoin has rules if someone buys bitcoin its demand increase and supply decreases which highly effects bitcoin price.
So on the off chance that somebody begins getting it, at that point, the cost will begin expanding


Title: Re: If all BTC Gets Bought Up?
Post by: Emitdama on October 01, 2020, 04:12:10 PM
I just don’t understand the kind of joy that some of you get from asking questions like this when you are completely aware that such is never going to happen. Are you forgetting that there are lots of people that are into cryptocurrency? Like millions of people are making use of cryptocurrency around the world and people are buying and selling their coins everyday.

How exactly will a whale buy up every Bitcoin? Even if they should manage somehow to buy up newly mined coins from miners, can they buy the ones that are already circulating the space? That’s in no way possible, but let’s just imagine they do, I will be very happy because the price of my coins will pump and I will dump them on that whale.


Title: Re: If all BTC Gets Bought Up?
Post by: carter34 on October 01, 2020, 04:24:11 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.

I'm seeing this saying as not representing what can happen in far future. I believe that in future that bitcoin will all be mined and purchased no matter how costly the price will be. Even it is scarce, you still see sellers making their price and buyers ready to make payment for it.


Title: Re: If all BTC Gets Bought Up?
Post by: rdbase on October 01, 2020, 04:32:42 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.
Corporate entities are coming close to owning a high percentage of the BTC supply.
Grayscale and another one which has futures who have bought an enormous amount for their clients to invest into.
As there was a post about 18.5million of the 21million supply has been mined so far this does make owning a piece of bitcoin more scare so it does make it more valuable for certain.


Title: Re: If all BTC Gets Bought Up?
Post by: tsaroz on October 01, 2020, 04:35:39 PM
I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.

I'm seeing this saying as not representing what can happen in far future. I believe that in future that bitcoin will all be mined and purchased no matter how costly the price will be. Even it is scarce, you still see sellers making their price and buyers ready to make payment for it.

Bitcoin is something we have never experienced in this world. It's a strange value. There are several ways a limited valuable things can turn to.
With the block reward decreasing with time, we assume the transaction fees would sustain the need of energy required for mining. But with higher price, higher transaction prices and lower transactions, many miners would not be able to sustain themselves bringing more risk to the blockchain. Though I am bullish on bitcoin, I believe, we need to address a number of things so that the bitcoin would be both safe and profitable. If we are not able to do that, people would do what they have always done to things that rare and expensive, find an alternative.


Title: Re: If all BTC Gets Bought Up?
Post by: Darkelf11 on October 01, 2020, 05:01:11 PM

Bitcoin is something we have never experienced in this world. It's a strange value. There are several ways a limited valuable things can turn to.
With the block reward decreasing with time, we assume the transaction fees would sustain the need of energy required for mining. But with higher price, higher transaction prices and lower transactions, many miners would not be able to sustain themselves bringing more risk to the blockchain. Though I am bullish on bitcoin, I believe, we need to address a number of things so that the bitcoin would be both safe and profitable. If we are not able to do that, people would do what they have always done to things that rare and expensive, find an alternative.

Additionally, if all bitcoins have been mined, that's where the real and most critical issues regarding keeping bitcoin as it is before all bitcoins have been mined. Problems on very high transaction fees will be stable if it can't be addressed as soon as all btc has been mined, this could be critical to those who wants to use bitcoin on whatever purposes they want because of such high tx fees that has been result of mining all bitcoins. No reward to the blocks, then the fee will suffer to such increase.


Title: Re: If all BTC Gets Bought Up?
Post by: Ucy on October 01, 2020, 05:08:17 PM
If they are buying up and mostly holding, price will definitely shoot up, and there will be enough for everyone. Prices of coins with fixed supply will  shoot up if much of the coin supply are bought and held by people.
 Without price manipulations or suppression (esp through sophisticated processes) things will move naturally as demands shoot up.
 I think it's important to be sure whether they are buying to hold or it's for something else.


Title: Re: If all BTC Gets Bought Up?
Post by: proTECH77 on October 01, 2020, 05:29:26 PM
Bitcoin is a decentralized which is not control by the government or any country in the world. that is why it will not be possible for someone to buy all bitcoin in the market.
By 2041 the 21 million cap on bitcoin quantity estimated to be reached . I don't think all bitcoin can be bought because I don't see any one in this world that can buy all bitcoin in the market.


Title: Re: If all BTC Gets Bought Up?
Post by: Reid on October 01, 2020, 05:34:43 PM
No worries, at some point they will sell.
That's the time you can enter to buy some.
Also, I doubt that will happen.
If more bitcoin is bought and the price soars because of demand then it becomes a risk.
I don't think whales would enter that kind of risk with lesser profit in the short run. Worse, they end up losing more.


Title: Re: If all BTC Gets Bought Up?
Post by: MShow on October 01, 2020, 05:47:18 PM
Bitcoin is a decentralized which is not control by the government or any country in the world. that is why it will not be possible for someone to buy all bitcoin in the market.
By 2041 the 21 million cap on bitcoin quantity estimated to be reached . I don't think all bitcoin can be bought because I don't see any one in this world that can buy all bitcoin in the market.
Of course, there can be no such person who would not buy bitcoins at all, but there are many people who can simply buy all the rest.


Title: Re: If all BTC Gets Bought Up?
Post by: bitbunnny on October 01, 2020, 05:49:21 PM
This is just a theory, a hypothesis that it's not possible in reality. There is no way for someone to buy all Bitcoins, some offers for selling will always be present, demand and supply that is the law of market. I can't see the reason to worry about something that it's not likely to happen at all.


Title: Re: If all BTC Gets Bought Up?
Post by: pawanjain on October 01, 2020, 05:51:54 PM
If only a few number of people will hold majority of bitcoins even then it would actually depend on the demand at that time which will derive the price of bitcoin.
If there is demand for bitcoin then the price will pump up like anything because only a few people will hold the major chunk of bitcoins and they can decide at what price to sell them.
They can sell them at a higher price or may be not sell them at all.

If the demand is not there at all then the people holding those majority of bitcoins will be of no use because there won't be anybody to buy them.
This won't happen because the probability of bitcoin going is higher than it going downwards in future.

The thing is, bitcoin will only get more stable as it gets more distributed among the people.
If only a few people hold the majority of it then bitcoin would be easy to manipulate bitcoin's price and people won't risk it that much to invest in a easily manipulative cryptocurrency.


Title: Re: If all BTC Gets Bought Up?
Post by: abel1337 on October 01, 2020, 06:25:51 PM
Basically, the demand would be very high depending on the status of the environment. The circulation of bitcoin would be limited and can possibly cause a massive pump or a massive dump. If people got a hard time buying bitcoin, There would be a chance that people would just settle not buying and abandon it cause whales can easily manipulate the price and will have sovereignty over bitcoin and the government would do something about this if this happened.


Title: Re: If all BTC Gets Bought Up?
Post by: shamimal93 on October 01, 2020, 07:06:59 PM
The first thing I want to say is that not all bitcoins on the Bitcoin forum can be purchased by anyone.  It’s an unrealistic thought of yours.  If not for the sake of argument, if the whales want to buy all the bitcoins, then the price of bitcoin will go up a lot.  In that case small miners like us will benefit.


Title: Re: If all BTC Gets Bought Up?
Post by: CryptopreneurBrainboss on October 02, 2020, 06:07:28 AM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Your worry is the most important reason why we're advice to get our hands on as many bitcoin as we can now that's cheap and still can be accessed by the masses. Time will come when the billionaires and millionaire will pick interest in bitcoin and by then it might be too late and costly to own one bitcoin but that doesn't mean there won't be bitcoin available in the market for trading.

We'll only have 21million bitcoin and there's a world population of over 7 billion humans, now the rich folks are so many that if they all decided to buy bitcoin, the possible of the average enthusiast to own one whole one is not certain.


Title: Re: If all BTC Gets Bought Up?
Post by: charlesmichel1 on October 02, 2020, 06:36:31 AM
The price of Bitcoin is influenced by demand for it. If more people want to buy Bitcoin, its price goes up proportionally. It isn't possible to purchase all coins, no one has enough money.


Title: Re: If all BTC Gets Bought Up?
Post by: pankaj1234 on October 02, 2020, 07:15:38 AM
Bitcoin is now leading cryptocurrencies in the world on every exchanges in this world. It has very limited supply then price will be definitely will go on higher side. Anybody in this world can not bought all btc together because it will needs lots of money. If all btc gets bought up by all arround the world users then it Will definitely touch the highest price. Eight or Nine years ago if you see the bitcoin price you not going to believe what price today the bitcoins are playing. So be patient and see what games bitcoin play from now


Title: Re: If all BTC Gets Bought Up?
Post by: michellee on October 02, 2020, 07:57:38 AM
I wonder who will buy all bitcoin, even if he has a lot of money, I don't think he will use all of his money to buy all bitcoin. He will think twice to do that because he risks a lot of money just to buy bitcoin. It is not a good idea to use all money to have one investment, and that person better uses the money to have more than one investment. But who knows, there is one or more people who want to buy a huge amount of bitcoin and save it in their wallets for the long term and not move that bitcoin if the price does not reach his target price.


Title: Re: If all BTC Gets Bought Up?
Post by: Xembin on October 02, 2020, 10:23:34 AM
According to my research only 12.5 Bitcoin can be mined every 10 minutes,show that it will be difficult for one person to  buy all bitcoin because every business man want to make profit not loosing his money for what he will not benefit.
Even though all bitcoin is bought up, I think there will be solution to create more bitcoins for new people to purchase.
 Bitcoin is not a centralized in anywhere in the world. It can change to pump or dump at anytime without taking permission from any government.


Title: Re: If all BTC Gets Bought Up?
Post by: TedMosby on October 02, 2020, 04:58:51 PM
please dont comment about no one can buy all bitcoins.
this thread more like, "WHAT IF.." question  ;D

when all bitcoin gets bought up, supply and demand mechanism will still be there for you (for us).
naturally, when something is difficult to reach, people will try to have alternatives.


Title: Re: If all BTC Gets Bought Up?
Post by: jaresmerel001 on October 03, 2020, 09:57:17 AM
It doesn't sound realistic to have all the Bitcoins with a human. This implies no trade, no mining of all bitcoins, no investments, which would undoubtedly make bitcoin dead.


Title: Re: If all BTC Gets Bought Up?
Post by: pinggoki on October 03, 2020, 11:07:31 AM
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
One thing is for sure no one would buy all Bitcoin supply. Anyway, hypothetically, if that happens Bitcoin price would be really expensive because according to the law of supply and demand "the lower the supply is or the higher the demand the more expensive it will become". It would be difficult for small users to acquire and invest in Bitcoin. Honestly, I can't imagine how the market will turn out if that really happens. The liquidity of Bitcoin in the market could probabaly go down.


Title: Re: If all BTC Gets Bought Up?
Post by: wxa7115 on October 03, 2020, 03:41:09 PM
it is too late to buy all the bitcoin supply because the market has already grown too big and if they start buying up the supply the price keeps going up then starts going up exponentially and before you know it after a 5% buy the price reaches $1 million.

what big whales do is usually buying the dips and buying from weak hands when they panic sell. they do it slowly over the long haul to both not push the price up suddenly and to stay under the radar.

additionally not all the supply is for sale to begin with. there are already so many people who have bought so many different amounts of bitcoin.
Besides the impossibility of this, who on his right mind will want to do that? If someone were to buy the whole bitcoin supply then he will be left alone with the miners and they will just bounce their coins back and forth just as it happened at the beginning of the life of bitcoin, so a whale trying such a crazy move will find itself trapped in a coin that he cannot sell to anyone as the rest of the world losses interest and decides to use another coin not completely monopolized by a whale.

While not the same we have seen similar stories with other coins in the past and if the same scenario happened in bitcoin, no matter how unlikely we know it is, then most probably we will see something similar in which a whale is trapped and cannot get out of a coin without disrupting the market in a massive way and affect itself in the process.


Title: Re: If all BTC Gets Bought Up?
Post by: worldofcoins on October 03, 2020, 04:01:30 PM
People who owned bitcoin they'll sell it since the price will become double and they will make a smart profit.
After that, all the bitcoin clients will move to other cryptocurrencies. Ethereum is the second-best cryptocurrency and it will become the number one crypto.
If all the bitcoin gets bought up it will increase the other cryptocurrencies price too.


Title: Re: If all BTC Gets Bought Up?
Post by: jrrsparkles on October 03, 2020, 04:04:42 PM
People who owned bitcoin they'll sell it since the price will become double and they will make a smart profit.
After that, all the bitcoin clients will move to other cryptocurrencies. Ethereum is the second-best cryptocurrency and it will become the number one crypto.
If all the bitcoin gets bought up it will increase the other cryptocurrencies price too.
So you believe that ethereum will become most valuable cryptos once every bitcoin was sold? If yes then its just stupidity to be honest because if there is no more bitcoin to buy then the price will be in peak so bitcoin will be high as now but for sure this will help other cryptos to increase as well.


Title: Re: If all BTC Gets Bought Up?
Post by: verita1 on October 03, 2020, 08:40:12 PM
We are so curious about what will happen when all the Bitcoin is bought, that we are already imagining the whales taking it all. We shouldn't worry about that because there is still 2.5 million BTC for miners to discover.

Quote
"The emission of the last Bitcoin is currently expected no earlier than the year 2140."

https://decrypt.co/43106/the-18-5-millionth-bitcoin-has-now-been-mined?amp=1 (https://decrypt.co/43106/the-18-5-millionth-bitcoin-has-now-been-mined?amp=1)