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Author Topic: What if we buy bitcoins now all TOGETHER?!  (Read 716 times)
onrise
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October 20, 2018, 04:45:56 AM
 #101

This can be a bit and can raise a bit of bitcoin prices. This can also manipulate a very hateful price. This may create a negative reputation rather than a positive experience.

This will definitely help the demand in the market and this will raise the price in the market. After this we all need to hold the btc for some time rather than start selling immediately for profit booking which will actually lead to a huge dip and can even lead to crash in the market.

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It is a common myth that Bitcoin is ruled by a majority of miners. This is not true. Bitcoin miners "vote" on the ordering of transactions, but that's all they do. They can't vote to change the network rules.
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mia khalifa
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October 20, 2018, 05:52:17 AM
 #102

when that happens, it is certain that the price of bitcoin will soar and the price of bitcoin will be very expensive, but I don't think that will happen because traders will use this to make profit by taking advantage of the movement that will sell a lot of bitcoin when the price soar like that.
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October 20, 2018, 03:41:59 PM
 #103

If everyone or all of us buy bitcoin together for sure the price is very high and maybe we can see the price more than 50k dollars upto100k dollars. But I don't think it will happem because daily people needs money so most of them still needs to sell bitcoin.
But I hope more buyers will come to bitcoin.
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October 20, 2018, 04:50:06 PM
 #104

your plan is very smart but I think it will be very difficult to do because the bitcoin exchange in the world is not just one but there are lots of bitcoin exchange places in circulation, so when the price of bitcoin rises in one market it will certainly make a lot of traders who will sell and make the price collapse again.

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October 20, 2018, 05:35:21 PM
 #105

The humanity is not build that way, we do not trust each other that much to survive let alone do something collectively that might have consequences that would profit some and not you.

If you think about it if we are going to build a house together and all live in it together than we would all work because we would all benefit, however if we are going to build a house and than we will have a draw to see how gets to live in that it would be harder for people to build that house, and the one who gets the house will not be helping the others building the next house willingly because he already has one.

Now if you buy bitcoin all together some people may sell quicker than others, that is what happens during a pump, you all get in at 100-105 levels and than agree that you will leave after 150 levels and some just leave at 120 because they are afraid you won't wait until 150, they are doing some bad because they fear you will do something bad. This is how humanity works. If we all buy bitcoins right now all together than some will leave after a couple percent increase.
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October 20, 2018, 11:02:51 PM
 #106

If we buy bitcoin no all together, i believe that there will be a price hike of its market value lifting the other altcoins up too. With that, the market will also look green which also trigger the long awaited bull run of this year.

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