У крипты в целом и у битка, точнее у крупных альтов нет байбека. Есть аналоги у Мейкер, вроде читал что-то об этом. А в целом у топовых альтов байбеков нет. Поэтому и пошло такое различие. Но при крупных траблах даже байбеки могут не спасти. Но байбеки на вершине рынка — это такое себе. Всегда удивлялся нерациональности этого мероприятия. Просто некуда девать бабло.

P.S. Where is the link to the source of this news and that this is not your invention?

It's kinda pointless question, we don't know why he chose 2 instead of 1 or 3. But he did the right thing, investing in his kids future, that's for sure.

So that's in contrast to what you said before. I mean if an organization you are talking about buys bitcoins and doesn't sell them will it make the price go up whereas we see every day there are always sellers and there are always buyers. Don't you see that this opportunity would not be possible if you still believed you would be able to gather 8 million people for the same thought.

A painting is a work of art that will be valuable according to the year it was made. Meanwhile, Bitcoin is digital money which is the easiest option to make payments than fiat in today's modern era.

In essence, a conspiracy will not progress if there is no way to address a big meaning of what they are building.

To be honest with you mate, this argument is very uncalled for, its absolutely not necessary if you ask me, the man decided to buy 2 bitcoin each for each of his kids, what the big deal there? why trying to make an impression over something that absolutely mean nothing?.

I have seen and gone through you previous thread relating to this subject matter, and alot of users have already explained to you why all that you assumed on that thread is not possible and has zero chance of happening, but you are still here arguing..

I could as well ask you why the man did not buy exactly the 2.625 bitcoins as you proclaimed, for each of his kids, that maybe would have given your assumptions some positive tick mark and something to really ponder over.

No, that is surely not a good idea. I mean there are already a lot of conspiracy theories regarding our community that revolves around us being a cult or "the new world order", if we start doing this then we are surely just feeding those ideas. Moreover, why make things so complicated? Bitcoin is already doing a massive change in the world, why do we need to apply these changes you are stating, only to make things complicated for us.

Those who have bitcoins use their bitcoin exchange like money like money goes from one hand to another, bitcoins are transferred from one person to another in case of need in real terms there is no loss of bitcoins or the amount of bitcoins in the market will never decrease. But people don't hold onto their bitcoins like you said. Even if you don't hold on to bitcoins as you planned, we expect bitcoin's value to increase substantially at some point through the transfer of bitcoins from one person to another. Bitcoin is currently increasing its popularity users and value in certain steps. It is estimated that by 2024 the price of Bitcoin will go to a very good state between $50000 to $70000 we can see the price of Bitcoin in 2024.

0.1BTC or 1 does not have the same effect as 2BTC in value and potential ROI. People buy based on how much they can comfortably afford at that time and how much they are willing to spend on a particular investment.

This is not an important question and does not allow you see how wealthy individuals think. You should be asking why he bought bitcoin in the first instance.

- Jay -

No, there are already too many misinformed people saying that Bitcoin are the "New World Order's" ...One Currency.   (Conspiracy theory) and also that Bitcoiners are a Cult and they are religious fanatics with Libertarian goals to take over the government.  

Bitcoin is a technology for EVERYONE ..... not a selected few, with enough money to buy and hoard 2.625 Bitcoins.... and the whole idea behind this technology....are to remove the barrier to entry for poor people to have access to the financial market.  

So, the question is.... Why is it necessary for Robert Kennedy Jr. to advertise to the world that he bought bitcoins for his kids? We know it is election year and that might be the main reason why he is doing this.

Politicians use gimmicks like this to garner votes and "Bitcoin adoption" might be one of his "Pet products" to use in his election campaign. Seeing that Bitcoin is still perceived as a high risk investment... it might not be a good idea to do this before the election.  

The opposition is doing everything in their power to crush Crypto currency adoption...  

but the total still only totals 19.44m coins not 21m coins

your own scenario was not 8mill coins. nor about 8mill users of less then 2.625. you categorically set the math. so stick to it
it was 8 mill chosen cult members of your believed cultship you want to set up, each holding 2.625btc each which would be 21m

and actually there are many many millions of average users that have CEX accounts. you just wanted to start a religious cult of only 8million people which you want to lead where you call micheal saylor your messiah/prophet

..
why is it that idiots that want to be cult leaders try setting up their dream scenarios but then forget their own messages and start arguing about their own scenario by pretending they never said it even though this very forum is the written proof of their message,

your not the first, you wont be the last. but if you cant even remember your own stance on things, try reading your own post history and other peoples replies. rather then making crap up pretending you didnt say what you opened the topic saying.

if your not happy with your own topic and you dont like the scenario you set. close the topic/lock the topic and start something that is more rational. dont play the idiot that forgot your own topics scenario just to argue your way into hopes of generating a fanbase into a cult of people that agree with you

Next time, do not just come to post without given a link that will make people to believe what you are talking about. I read about this few hours ago on Cointelegraph.

https://cointelegraph.com/news/presidential-candidate-rfk-jr-purchased-bitcoin-for-his-children

If people or all wealthy people can buy bitcoin for their kids, it would be good.

If he bought 3, the question would have been, "why not 2 or 4?".
It has to be a certain number an it just happens to be 2.

- Jay -

I don't understand your statement, because what would be the difference between Bitcoin onchain and LN?  Aren't they both 2 very similar payment methods?  Isn't LN just instant versus onchain but does it use Bitcoin like onchain for that matter?  So where would the differences be if btc goes up in value?  It's not how you move it but what you move the real meaning, and therefore if it arrives at that value it makes no difference if you don't stick to its equivalent value in dollars.  If it increases dramatically, just send the right amount of sats.

What necessitates a market is the act of buying and selling for the two works hand-in-hand and in a scenario where there's no seller then the process of buying is frustrated and that's no good market at all as it either mean that there's a problem somewhere. That's why the statement " if there's no seller there's no buyer is a fact and not a hypothesis.

Using this analogy: Just like a tree, the seller is like the root of the tree and the buyer the leaves. Where there's no tree roots there would be no leaves of a tree.

In all honesty I don't understand why you have to limit yourself to buying Bitcoin and holding it for a long time???  The WP speaks clearly "Bitcoin is a p2p payment system" so why not use it?  Otherwise how do you think this mass adoption will happen?  Definitely not keeping your btc in your wallet and perhaps losing your access keys.

YOU are the one shouting about locking up and holding and not selling 21m coins
YOUR math 2.625*8m=21m

there is only 19.44m coins available so far, so YOU are the one calculating a zero trade market as YOUR scenario

People will band together to buy Bitcoin and that was a long time ago when Bitcoin was created by Satoshi. But know, someone or they will not be able to hold it in the long term because they will take profits when the price increase occurs. I think if you want everyone to buy BTC and refrain from selling it then there will be no economic laws in this matter because every day there are those who sell and there are those who buy, so this is the law of the market.

Even some people buy to invest in the long term and some of them buy to trade on the same day so there is always a circulation that occurs at any time. Now the supply of Bitcoin will decrease because many of them may lose their keys and cannot open them again and also as Bitcoin owners who may have left the world so the BTC supply will continue to decrease friends and at the same time the interest of buyers will increase which will make the price of Bitcoin go up on its own  without having to make the effort as you have described.

ill let you in on a bigger secret
the active price is not determined by the supply.. its determined by the order thats triggered at that very moment which sets the price
no sell=no price=no market