Bitcoin holding will be worth this year or in the long run?

[Casdinyard]

I came to know some whales didn't use exchange to transact bitcoin hence just use p2p exchange instead. So what if this 10 billion worth of bitcoin is happening now and then but we aren't aware of.

Yes, people can control the market and can make it a bull whenever they want and this year isn't the year we are all waiting for.

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[Murat]

Obviously, Holding Bitcoin would be a great source of earning more Bitcoin, I think This year is somehow will be remembered for passing the 10th-year anniversary of Bitcoin and so at the end of this year, I hope there will be something special, so it will be worth for you if you hold Bitcoin, But I don't think that Bitcoin price is controlled because of having the decentralized system, it could have happened that there is a group of bulk Bitcoin holder, so they are doing a market mechanism by buying and selling their Bitcoin, in this way they could hamper the price, anything could happen in this techno-based era, but in terms of profit, I think holding Bitcoin is the best way to make it happen.

[Astvile]

If that $10B worth of bitcoin will be moved and sold immediately that will cause chaos and whenever these coins are moved im sure this will create a big question for us and price of bitcoin will either go down or go pump because of that, some people may panic and sell urgently and some people will start getting curious about the moving of bitcoin funds from these exchanges.

[Genemind]

There are lots of speculations that it will be a year of Bitcoin and I never doubt it. This season is the most awaited year of most investors. I also believe that the bullish market would occur by the end of the year. There are lots of incoming events involving cryptocurrency and it will surely bring a huge positive impact on Bitcoin. There's no harm in believing in positive speculation. Let's just hope for the best.

[bounceback]

we think that holding bitcoin will be worth by the end of this year because we have seen a few days ago that the price of bitcoin has increased compared to the beginning of last year, so at the end of 2020 I think bitcoin will be worth also with prices going up, why I say it is because if we see from last year's bitcoin it's always valuable at the end of the year.

[Kakmakr]

The fact that there are loads of coins hoarded are not a given that these people would stand together to influence the price. Many wallets are owned by individuals, because people split their hoard into multiple addresses. We cannot deny that there are groups of people out there that might be synchronizing trades to influence the price, but it has not been proven yet.

The fact that people are doing this, does not guarantee a higher price in the future. They might trigger a Bull run, but it will only have a short-term influence on the price. Most people seem to think Bitcoin Whales are just a myth, but I believe they exist and they are very active behind the fluctuations in the price. 

[d3nz]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

I don't think moving a large amount of bitcoin will affect its value but it can be use to make a huge pump or decrease ita value it really depends.

And holding of bitcoin for a long term is really a good investment since the value will most likely to go up high more. And it also depends if you want to esrn some good profit by just selling and buying of your bitcoins. It's very practical.

[beej]

I agree, holding bitcoins at this time of the year would be
advantageous and will be fruitful by the end of the year.  I
do hope that things will go well with bitcoins, its been a while
since we’ve experience it well priced. I’m staying positive
with bitcoins, it might be a rewarding year end after all.

[dothebeats]

I'd say one should take advantage of the current market conditions right now before the hype for the halving begins early on in 2020. Usually, pre-halving events are not really that good and is characterized by poor performance of bitcoin and other cryptocurrencies. Short-term, no substantial gains can be seen but in the long run it's definitely rewarding and will be worth the wait. One can still try to short the hell out of bitcoins while its performance is lackluster but we all know where that leads most of the time.

[bitzizzix]

Bitcoin holders are certainly valuable and profitable if they make long-term investments that all depend on the strategy used, and long-term to get huge profits.
and many people predict that bitcoin will reach its highest value in 2020 and for the turn of the year is only a few months away and I hope that this increase can be proven.

[7788bitcoin]

I came to know some whales didn't use exchange to transact bitcoin hence just use p2p exchange instead. So what if this 10 billion worth of bitcoin is happening now and then but we aren't aware of.

If you are talking about over the counter sales then it will not reflect in the open market. All of the P2P exchanges in the market does trade with USDT and fiat currency rather than having a direct use of bitcoin. Even if there are huge amount of sales in the OTC exchanges there will be a time when there is no bitcoins available and when the supply and demand balances itself then we will see a rally  .

[DaveWave]

I came to know some whales didn't use exchange to transact bitcoin hence just use p2p exchange instead. So what if this 10 billion worth of bitcoin is happening now and then but we aren't aware of.

If you are talking about over the counter sales then it will not reflect in the open market. All of the P2P exchanges in the market does trade with USDT and fiat currency rather than having a direct use of bitcoin. Even if there are huge amount of sales in the OTC exchanges there will be a time when there is no bitcoins available and when the supply and demand balances itself then we will see a rally  .

Yes, there are many p2p whale transactions that are happening regularly. Some of them are either avoiding the higher fees, KYC, government regulations, tax, security, privacy, etc. These transactions aren't reflected in the open market but it can still affect market prices. These whales are still basing their prices in the open market because some of these whales serve as gateways to exchanges. 

[michellee]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

That will be interesting if they can move the price. But I already see in the telegram, someone moves $29,926,581 from unknown wallet to unknown wallet. I don't have any idea if that news is right or not because there are no other sources that telling the same news (or I cannot find the other news). But it is difficult to move all of the exchanges markets and that will need a lot of money to change the price from the high price into the low price or from the low price into the high price.

[NathanJB]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

With 10 billion, they have the power to move the prices down. Leaving these billions worth of Bitcoin in their wallets however will not change the prices. HODLing does not increase the price either. But at least it will not contribute to the selling or dumping. It still has a factor somehow to keep the prices running smooth.

In the long run, as has been shown in the historical chart of Bitcoin, the price will be moving up. That is always the bigger picture. There are countless of price drops if you zoom out though.

[eaLiTy]

What is your thought if the 10 billion worth of bitcoin will move?

If any of the exchanges who are holding majority of the funds wants to manipulate the price they can really do that, we have seen market going down if a huge amount of coins are moved from dormant wallets and if an exchange with huge amount of coins think about moving the coins just make a fuzz on the market they can very well do that. When it comes to investment in bitcoin or any financial investment always go for the long term and make sure you evaluate the market regularly.

[SummerBliss]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

From the last year btitcoin is struggling to rise but we have not seen a major pump in the prices or say that bull run has not hit the market since then properly but only some price manipulations by the Whales.So we need to hodl btc for the long run if we want to see good returns on our holdings because the prices don't seems to rise by this year. The price is floating between $7-$8k from past few months.So just hodl.

[bering]

I understand your thought that basically you were fear about it and the exchange have a power to manipulated the market if they want because they hold bitcoin worth $10 billion but luckly they didn't it or at least not yet and they hold it probably for exchange purpose or waiting till the price better than now and imagine if they sold it i think there will be massive dump

[audaciousbeing]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

The 10 billion coin worth can move from one bitcoin wallet to another and there won't be any effect to the market but the panic that would be created by the ''wallet watchers'' are those that would create more problem than the initial movement. I don't think 10 billion can even move at once really however, should it happen, was it as a result of dumping or as a result of ensuring more safety to funds? Another factor to consider is the ownership of the coins, as much as it can be concentrated in few individuals controls, it might also be spread as much as possible which makes control of a direction difficult.

Whether bitcoin holding would be worth it eventually would depend on the timing one decides to cash out because to people who bought in 2016 deciding to cash out would definitely worth it for them compared to the individual who bought in 2017 when there was an all time high. The problem is knowing the when which is what makes the whole exercise an interesting endeavor.

[DoublerHunter]

I found this article on cointelegraph :https://cointelegraph.com/news/nearly-10-billion-in-btc-is-held-in-wallets-of-8-crypto-exchanges. I wonder  if they had the control over the price, they can make a bearish run or even they can wake the bull up? Well for sure there is only one thing to expect it is having a good price in the future. What is your thought if the 10 billion worth of bitcoin will move?

^ Time will come they(whales)will get tired of doing controlling the market price. Let's just hope that it will happen though.
Anytime it will remove to another wallet but at least we are already warned on that. Yes, bitcoin is good for investing in the long run. Time to time there is a massive accumulating in Bitcoin and the demand will increase and the supply decreased. In that case, Bitcoin becomes expensive. Nevertheless, as of now, we have nothing to do is just ride the whale's plan.

[ChrisPop]

Well.. the bitcoin in the exchange wallets are still theoretically users' money so they should be able to move them around. In my view it is a great time to HODL bitcoin as it is looking good on the longer timeframes. If you know a little bit of technical analysis it is obvious that the price action is above all moving averages which is a very bullish thing. On the fundamental part the halving is coming in May 2020 and the infrastructure of Bitcoin continues to be built, best example is Bakkt and CMEs. The Bitwise ETF got rejected, but that's no big thing. We don't need ETFs to moon