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Author Topic: What if we buy bitcoins now all TOGETHER?!  (Read 716 times)
johnine
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April 01, 2018, 03:38:24 PM
 #21

Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!

I found this topic a little bit funny, haha you have a good idea but i think it will not work, it's hard to do that, buying simultaneously? Nahh, they'll just ignore you. The only thing we can do for now is to wait.
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April 01, 2018, 03:45:09 PM
 #22

I don't really think that it will help. A lot of people are dumping their BTC, maybe even whales who have hunders of bitcoins. Let's hope that people will stop panicking soon. Even if there are many positive news, they are still afraid of losing their money. Bitcoin won't recover if we don't encourage other people to stop selling. Lightning Network was successfuly deployed and it didn't help much even though it was a milestone for Bitcoin. You could buy more BTC for youself and wait for the end of this trend.

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April 01, 2018, 04:13:55 PM
 #23

The idea you have mentioned is quite appreciating but this  idea is really not going to work because you will unintentionally lead to pump and dump situation in the market and buying altogether is somewhat prohibited in the exchanges and you can't do this. Wait for the time and prices will eventually boost after that and all will gain profits.

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April 01, 2018, 04:21:38 PM
 #24

Well if what you say can happen to buy together or at least increase the value together, it can be done by us but surely someone will take advantage there so it will be hard to reply to the blow. The best thought is to become a whale that can eat small fish.

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Al-e_x
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April 01, 2018, 04:26:52 PM
 #25

good initiative, this should be applied to make the bitcoin value stable and high again. then the most effective way is done by every bitcoin forum in each place.

they should invite and socialize bitcoin to the public, bitcoin communities must provide an understanding of bitcoin, so it can make the public buy and invest in bitcoin.
hkdfgkdf (OP)
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April 15, 2018, 07:30:49 AM
 #26

Oh so it really depends on the whales to pump up the price. They really do have the power to manipulate prices. It's really hard to predict and read the charts. I also realize that it will become non sense if we achieve a high price and people will panic sell. Yeah but it is still a good idea though to move the price just little bit  Undecided

ambisyon
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April 15, 2018, 09:55:38 AM
 #27

That could be a great idea and that would contribute good to the bitcoin market where it may have a positive effect on the market price value. Even though people don't know about this idea but still there is no need for them to be informed since people already knew that bitcoin can really shoot up in the future.

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April 16, 2018, 02:43:30 PM
 #28

ok, tell me how to share it equally?  Huh Huh
marginal
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April 16, 2018, 02:45:26 PM
 #29

it is funny to say, but I believe, that at least 50% of those, who in in crypto dont have any satoshi on their accounts, heh. I do not also.
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April 16, 2018, 02:56:35 PM
 #30

This idea can only be better imagined,  it can only be possible in our thoughts but hard to implement. People will sell and when they want to for different reasons.
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April 16, 2018, 03:00:56 PM
 #31

Liking this topic. But you don't wanna think of the moment that all the people who bought the bitcoin is going to sell them. That would be bad. If everyone is selling their bitcoin at the same time the price will drop like eminem dropped the mic.
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April 16, 2018, 03:02:35 PM
 #32

This makes me think of the Byzantine Generals problem... where the generals of different kingdoms all surround the

enemy city and a message goes around for a synchronized attack. The cunning generals will wait and delay their attack,

and in the process their allies will lose the biggest amount of soldiers... making these generals stronger after the battle. So

what might happen here is a message going out to buy.... but some people just sit back and wait for the price to increase and

then they sell, without having to invest a cent. {making profits off the back of others}  Grin

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gohan21
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April 16, 2018, 03:03:37 PM
 #33

if we all buy bitcoin it will increase the price faster and the more money we earn if it happens.
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April 16, 2018, 03:08:43 PM
 #34

If it really happens, the bitcoin value will increase rapidly but it will not last long. This is not a good thing. I think it will negatively affect the trust of the people. I do not want this to happen, so let it grow naturally.

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April 16, 2018, 03:13:32 PM
 #35

If everyone came together right now and bought bitcoin then that would mean that demand would increase simultaneously which would most definitely push the price higher.
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April 16, 2018, 03:15:00 PM
 #36

there will be shortage of supply and the price will be high, if we all buy at the same time, there will be no second time to buy because the price is too high to purchase, no one will buy, then that is the biggest buble of all time, there will be no more traffic of buying and selling, bitcoin is dependent on the law of supply and demand, it is a two way traffic, balanced activity called volatility is what makes bitcoin like a yinyang. we need to buy as well as to sell, that is how bitcoin and other cryptocurrencies works.

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April 16, 2018, 03:21:32 PM
 #37

yes if buying bitcoin together can affect the price in the market and it's worth trying the whole world together to beat whales
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April 16, 2018, 03:59:29 PM
 #38

If we go according to your scenario, then for a while we will be able to create a deficit of coins, but it will not be long, after that there will be a painful fall.
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April 16, 2018, 04:17:01 PM
 #39

In my opinion, the result will be good enough to make the price of bitcoin more expensive,it will rise to the moon the people who is holding bitcoin will be happy.the whales who is waiting for the bitcoin to go down for their oppurtunity in buying bitcoin will be in trouble,their intension will fail.Giant whales have a great impact in the cost of bitcoin if they bought bitcoins the price will go high if they oversee that it is the time for them to harvest their investments they dump then the price of bitcoin will suddenly go down.
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April 16, 2018, 04:22:26 PM
 #40

Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!

Yes, that is quite a plan indeed and I also do think that it can affect the prices of the bitcoin market postively. Although to initiate your master plan that is a different thing entirely as we don’t have the capability to but the bitcoin prices simultaneously and that is why the so called whales have the upoer hand on doing and somewhat even controlling the prices as there are a lot of money on their pocket and they make a living out of buying everything and then selling all at once
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