Billionaire wants to buy 25% of the bitcoin supply

[5ensei]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

[Emitdama]

What could you gain from having 25% of all bitcoins? I mean I think this is totally PR move and marketing purposes by the company to say "we are so big that we have customers who are filthy rich and wants to buy 25% of all bitcoins so come work with us" and so forth however they are missing the point that even if you are super rich, like Jeff Bezos type of rich but all liquid, you have 100 billion dollars all on your bank account, it would still not make any sense to get 25% of all bitcoins, how would you use it, what could it be used for? How could anyone gain any advantage for having that much bitcoin? You are literally ruining the market all by yourself which means you are not getting any richer and a bad investment, so the whole idea is moronic.

[iMark]

this news not real ... they want pump prices with their fake news . because no one can own 25 percent of bitcoin supply without high risk

But no one will take this news seriously, they know it's just one of the article in the market to pump bitcoin, but people does not easily buy this kind of news now, there is no reliable source and the mission to buy that big is almost impossible.

when investors come with an amount of capital equal to 25% of the total supply of bitcoin then we have seen prices skyrocket at this time, in fact prices are still stable and are in low price position. Thats rights, its just mere speculation to stimulate users to buy more

[shoreno]

The good is that this will help the price of bitcoin to recover and increase more .

The bad is that the supply of bitcoin will now be lessen again  .  i hear that there will be some problems when btc supply have all mined out .

@op idk why you consider it as a money launder  . as long as those investors deal with kyc's , i think its legal  .  its only upt to them on what use they will prefer in thier btc .

[deisik]

What could you gain from having 25% of all bitcoins? I mean I think this is totally PR move and marketing purposes by the company to say "we are so big that we have customers who are filthy rich and wants to buy 25% of all bitcoins so come work with us" and so forth however they are missing the point that even if you are super rich, like Jeff Bezos type of rich but all liquid, you have 100 billion dollars all on your bank account, it would still not make any sense to get 25% of all bitcoins, how would you use it, what could it be used for? How could anyone gain any advantage for having that much bitcoin? You are literally ruining the market all by yourself which means you are not getting any richer and a bad investment, so the whole idea is moronic

There is another question

That is, how are they going to buy so many bitcoins in the first place? Okay, you have 100 billion dollars as a change or pocket money (or whatever) and want to buy as many bitcoins as you can potentially buy. You assume you will be able to buy 25% of all bitcoins but you will fail for at least two reasons. First, there is only a small fraction of bitcoins in circulation today and even if this amount is anywhere close to 25%, your buying spree will cause the price to surge so high that you will feel like a church mouse dwarfed by the market explosive growth (read, no money can buy all bitcoins or even just 25%) 

[eaLiTy]

I know these dudes are definitely rich, that saying "rich" even undermines how much wealth they actually have, but I don't think they can even buy 25% of the total supply. Even if they buy it all through OTC through multiple entities, it's going to pump up the price too high I think. Correct me if I'm wrong.

They are definitely super rich and majority of them will not reveal their entire wealth and so is the reason you wont see them feature any Arabs in the worlds richest list , what if the super rich Arabs will come together and make a consortium to take over the entire market, the oil industry is drying up and they will need something else to rule the world and they might have seen bitcoin as the future of trade and commerce. If they are planning to get 25% of the entire market then the prediction of John McAfee will be true in the coming years  . 

[michellee]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

The price will be rise again, and I see there is a sign in the market that the price wants to increase if you take a look at the market, the price increases than yesterday, so we have a chance to see it will back to $8000 again. I think this time, the billionaire won't let the chance to buy bitcoin at a low price because they will always want to get bitcoin at a low price.

[joshy23]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

It will bounce back to another high, if you have enough money to invest buying will be profitable, interest from big whales already been showing
there's big names and players who already eyeing to make a move to invest in, for sure businesses will follow to trend and push everything up.

[BitHodler]

They are definitely super rich and majority of them will not reveal their entire wealth and so is the reason you wont see them feature any Arabs in the worlds richest list , what if the super rich Arabs will come together and make a consortium to take over the entire market, the oil industry is drying up and they will need something else to rule the world and they might have seen bitcoin as the future of trade and commerce. 

Where people go wrong is that they think billionaires being worth $10-$20 billion have that much in actual cash, which by far isn't true at all. The majority of this wealth consists of stocks, options, etc.

I doubt many of the super billionaire elite have even $1 billion on their bank account. Cash is worth more than their wealth sitting in stocks and whatnot, so they'll think twice before investing it in Bitcoin or any other risky asset.

Can billionaires team up and buy a large chunk of the supply? They surely can, but at one point there will be conflicts of interest driving them apart. Overall, it's a juicy conspiracy theory, but I doubt it's going to happen.

[omonuyak]

@WinslowIII. This might be mentioned before, however bitcoin's economy can also become a stagnant oblivion if the holders continue to hold all of their coins without spending them.

All the holders will not hold their coins at the same time and it is not possible for that to happen but if majority are holding there is no way it will not grow. Remember that whenever we sell bitcoin, fund is flowing out of it but when we hold most time, fund will be flowing into it. The reality is that, if we keep holding till when big buyers come into the market we would be able to sell to them at the high price.

[thecodebear]

@WinslowIII. This might be mentioned before, however bitcoin's economy can also become a stagnant oblivion if the holders continue to hold all of their coins without spending them.

All the holders will not hold their coins at the same time and it is not possible for that to happen but if majority are holding there is no way it will not grow. Remember that whenever we sell bitcoin, fund is flowing out of it but when we hold most time, fund will be flowing into it. The reality is that, if we keep holding till when big buyers come into the market we would be able to sell to them at the high price.

No, you hold as the big buyers come in, and keep holding, and once the dozens or hundreds of millions of little guys that pile in afterwards because of FOMO come in, then you sell to THEM.

[creeps]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

This is actually big, though its good to have more investors but if they plan to get bitcoin for a total of 25% of the supply, then they are a big whale and they can now manipulate the price. Yes, every correction will end and right now if there’s a more demand we will see the price to recover, it will pump and hopefully go for more.

[jademaxsuy]

LOL, I can't really think of a reason why one would buy a 25% of bitcoin in its supply when in fact bitcoin adaptation is not yet establish and that is a huge number of bitcoins so how one could utilize the number of bitcoins to be bought?

Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.

Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.

[el kaka22]

I always wonder something close, not 25% at this current stage but when the first bitcoin started and the first million bitcoins were mined, what if I got like 100 thousand bitcoins all at once instead of putting that in the market and making people get some of it like it was normally done.

People got bitcoins they mined it, they traded it, they basically used it but instead of that I would have owned and just put it on my wallet. What would have happened? Would I basically kill the market all by myself since there was less bitcoins on the market and it would be harder to acquire which would send people away from it or would it be more valuable and got higher in price quicker since there was even more limited amounts of it?

Plus, would I do something with it or just hold it forever? What would I do if I had 10% of all bitcoins? I can't just sell it right away since that would ruin the market. It is always a tricky thing to control a big portion of a finite resource.

[cabron]

LOL, I can't really think of a reason why one would buy a 25% of bitcoin in its supply when in fact bitcoin adaptation is not yet establish and that is a huge number of bitcoins so how one could utilize the number of bitcoins to be bought?

Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.

Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.

For a billionaire, I don't think he would have to launder his wealth he can pay his taxes but having move his wealth to bitcoin, he could make it to 100X and can hide how much btc he got which he may not have to pay taxes soon. Maybe the billonaire is also just preparing for the future, he knows cryptocurrency is getting attention and its technology are now being developed by huge companies. BTC is his investment.

[eaLiTy]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

If someone or any financial institutions plan to invest in bitcoin and they have the audacious plan to purchase 25% of the global bitcoin supply they will not bother the price fluctuation of thousand or two thousand dollars to invest in it, their plan is to hold for the long term when the price of bitcoin crosses over a million dollar or reach their target and even if they invest billions of dollars at this point in the bitcoin market the price would increase and could cross $50 K per bitcoin.

[onrise]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

Just think if billionaire buy such huge money ty then from 11k market will swing above 20- k easily as the supply may not be available that easily if bulk qty is being purchased . So investing and holding the coins of btc is always recommended .

[Oilacris]

There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again

Just think if billionaire buy such huge money ty then from 11k market will swing above 20- k easily as the supply may not be available that easily if bulk qty is being purchased . So investing and holding the coins of btc is always recommended .

When it comes to purchasing capability or power then these billionaires can do such thing which this news is indeed a good

one yet we know that price can swing up positively yet the demand had increased but somehow it do have risk of manipulation.
Imagine owning 25% of the current supply will just really make an easy pump and dump afterwards.

[Wilhelm]

billionaires and millionaires have been "parking" their money in bitcoin for a long time now. this is nothing new. but saying some billionaire wants to buy $36,550,000,000 worth of bitcoin in one go is just dumb hyped up news if you ask me. such amounts can only be accumulated over many years of buying and most of these types of people sometimes go to miners directly to acquire bitcoin (send block reward to their addresses) which means it takes longer even.

Nah just do it in one market buy order

[WinslowIII]

What could you gain from having 25% of all bitcoins? I mean I think this is totally PR move and marketing purposes by the company to say "we are so big that we have customers who are filthy rich and wants to buy 25% of all bitcoins so come work with us" and so forth however they are missing the point that even if you are super rich, like Jeff Bezos type of rich but all liquid, you have 100 billion dollars all on your bank account, it would still not make any sense to get 25% of all bitcoins, how would you use it, what could it be used for? How could anyone gain any advantage for having that much bitcoin? You are literally ruining the market all by yourself which means you are not getting any richer and a bad investment, so the whole idea is moronic.

"What could you gain from having 25% of all bitcoins?"

Dumbest. Question. Ever. Asked.