imstillthebest
|
|
January 17, 2020, 12:36:01 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
yes it will .imagine 10 million bitcoins , not just that but the number is growing when combined with other institutions or just the regular individuals that also hodl bitcoin . it was like a dump that never seen before . it was bad to me if that happens but good to some because they can buy btc 's . what makes me stronger is that i know the possibility for that to happen is only slim because people will always expect for more price hike , the higher the bitcoin price reach
|
|
|
|
clickerz
|
|
January 17, 2020, 01:46:42 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
True, but most holders are looking for the next Bullrun IMHO. After that, a big dump scenario will happen which is scary where bitcoin will again lose a big percentage of its value just what happened from the previous bull run. 10M BTC is almost half of the total bitcoin supply and a huge fallback once it moves. Also, I am hoping it is not owned by a few people or whales.
|
Open for Campaigns
|
|
|
wheelz1200
Legendary
Offline
Activity: 3752
Merit: 1415
|
|
January 17, 2020, 02:04:46 PM |
|
It just kinda feel weird how people monitor others Bitcoin, especially for those who store their Bitcoin or locked it up for certain reasons. It makes it feel like Bitcoin is not secured anymore as someone somewhere is monitoring coins that are been locked away and suddenly sold. I know its all about accountability but maybe we shouldn't be pointing the rise or dump of Bitcoin price on people who suddenly sell their Bitcoin after the long hold.
It's one of the inherent attributes of the public blockchain. Everyone can see the movement of bitcoin or the non movement, not just a centralized entity. Any and all trends will always be used to account for price rises and prices falls, that's why people use technical analysis and that is just another data point. It may be valid it may not that is up to the individual using the data. Like it or hate it, that wont change
|
|
|
|
GideonGono
|
|
January 17, 2020, 05:18:55 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
They hold or a lot of bitcoiners do hold their token since the price was dump. They didn't want to lose their profit if they can wait because a lot of investor in bitcoin does not easily give up because they are already have a plan and some of them was the whales who are took longer from knowing crypto. True, but most holders are looking for the next Bullrun IMHO. After that, a big dump scenario will happen which is scary where bitcoin will again lose a big percentage of its value just what happened from the previous bull run. 10M BTC is almost half of the total bitcoin supply and a huge fallback once it moves. Also, I am hoping it is not owned by a few people or whales.
|
|
|
|
merchantofzeny
|
|
January 18, 2020, 10:32:49 AM |
|
I think the rise from around $3,300 to $7,500 in 2019 was definitely people accumulating in anticipation of the halving.
Watch for rapid sales though as bitcoin reaches it's price targets.
Well that's probably one of the main reason. I myself am refraining from touching my savings. We are seeing the price steadily rising, not just sure when it will break out of $9k but hoping that would not trigger a minidump. That it's that large could also indicate that a large portion of it is now in the hands of institutions. A lot of HODlers here. It may make great dump if they will want to finally sell
True, but most holders are looking for the next Bullrun IMHO. After that, a big dump scenario will happen which is scary where bitcoin will again lose a big percentage of its value just what happened from the previous bull run. 10M BTC is almost half of the total bitcoin supply and a huge fallback once it moves. Also, I am hoping it is not owned by a few people or whales. The bigger the dump the better. Use the money earned from the ath to snag em up btc for cheap. For people like me with not even a full btc, it's events like this I'm waiting for.
|
|
|
|
1Referee
Legendary
Offline
Activity: 2170
Merit: 1427
|
|
January 18, 2020, 11:17:28 AM |
|
Use the money earned from the ath to snag em up btc for cheap. For people like me with not even a full btc, it's events like this I'm waiting for.
That's a great plan, but honestly speaking, how many people manage to sell the all time high? I'm quite sure that very few even buy it. The highest price I managed to sell coins during the 2017 bull run was ~$16,000 and then just kept holding just in case the price pumps way higher. I'm a holder and it's quite hard for me to part with my coins, so imagine how easy non-holders sell their coins whenever they see the price increase by 50-100%. They unload their bags faaaaar before the bull market is even at 50% of its actual potential. Then there is the question what is the bottom to buy into? I saw people be so confident in $6000 in 2018 that they believed that it was the ultimate bottom. That ultimate bottom turned out to be 50% below that.
|
|
|
|
drlukacs
Sr. Member
Offline
Activity: 854
Merit: 253
l0tt0.com
|
|
January 18, 2020, 02:03:01 PM |
|
I think those bitcoins are all manipulative organizations. because they know what their bitcoins hold and they can manipulate the market for just a few million bitcoins. That's why they still hold on until its price is sky-high. An example of the majority of bitcoins in the hands of the sharks is the CWS, who holds more than 1.1 million bitcoins and that is just a shark. And for organizations, you already know what their wealth level is like. so should be careful with the purse, if it can work again, it certainly will be a round of big manipulation.
|
| | . WHIRLWIND | | | █▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀█ █ ▄▄▄██▀▀▀▀▀▄▄ █ █ ▄▄██▀▀▄▄▀▀▀▀▀▄▄▄ █A █ ▄██▀▄██▀▄▀▀▀ ▄▄ ▄▄▄▄ █ █ ███ ██▀▄▀ ▄▄▀▄▄ ▀█▄ █ █ ███ ███ █ ▀▄ █▄ ██ █ █ ███ ███ █ █ ██ ██ █ █ ███ ███ █ ▄▀ █▀ ██ █ █ ███ ██▄▀▄ ▀▀▄▀▀ ▄█▀ █ █ ▀██▄▀██▄▀▄▄▄ ▀▀ ▀▀▀▀ █ █ ▀▀██▄▄▀▀▄▄▄▄▄▀▀▀ █ █ ▀▀▀██▄▄▄▄▄▀▀ █ █▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄█ | | | . No Fee Ultimate Privacy | | | | . ANONYMITY MINING CAMPAIGN | | | | | | . MIX NOW | | | | |
|
|
|
worle1bm
|
|
January 18, 2020, 03:00:54 PM Merited by SaShiRaJaVu (1) |
|
Is this a good or bad news for Bitcoin users, I am confused. Over the year two schools of thoughts have been developed in regards to Bitcoin. One school of thoughts emphasis on the idea of increasing the utility of Bitcoins while the other stress on the idea of increasing the price of Bitcoin. As a result, Bitcoin have been caught somewhere in-between of these two poles. That is the main reason why we see circular moves in the prices of Bitcoin (hyperbola). When utility increases demand increases, this results in the increase in price, this results in volatility making bitcoin unfit for utility, which decreases demand, resulting in price decrease. The circle continues revolving.
|
|
|
|
Aying
Sr. Member
Offline
Activity: 784
Merit: 251
https://raiser.network
|
|
January 18, 2020, 03:04:35 PM |
|
Well there is a reason's why it is not moving, either it is own by long term investors, businessman, trader groups, manipulators and whales or hack wallets that own by many users. this 10M bitcoin is maybe our savior to not totally the price drop down to 90%, if this 10M btc will dump I think the market won't recover immediately and the users who lost half of their funds too.
|
Watch out for this SPACE!
|
|
|
Captain Corporate
|
|
January 18, 2020, 03:44:32 PM |
|
I think most of it is exchanges, don't you think? I mean there has always been millions that didn't moved at all, and with time that millions grows bigger and bigger. First of all there is the big satoshi one that Craig claims he has, thats 1 million untouched somewhere, than there was ton of for long term holders, than there is exchanges that keep millions (combined) and there are ones that people forgot about as well. When you combine these facts, I am %99 sure that the number of bitcoins that doesn't move will eventually grow higher and higher, there could be times when a big chunk moves but that doesn't change the fact that in long term it will grow bigger.
|
| | Peach BTC bitcoin | │ | Buy and Sell Bitcoin P2P | │ | . .
▄▄███████▄▄ ▄██████████████▄ ▄███████████████████▄ ▄█████████████████████▄ ▄███████████████████████▄ █████████████████████████ █████████████████████████ █████████████████████████ ▀███████████████████████▀ ▀█████████████████████▀ ▀███████████████████▀ ▀███████████████▀ ▀▀███████▀▀
▀▀▀▀███████▀▀▀▀ | | EUROPE | AFRICA LATIN AMERICA | | | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
███████▄█ ███████▀ ██▄▄▄▄▄░▄▄▄▄▄ █████████████▀ ▐███████████▌ ▐███████████▌ █████████████▄ ██████████████ ███▀███▀▀███▀ | . Download on the App Store | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ | ▄▀▀▀ █ █ █ █ █ █ █ █ █ █ █ ▀▄▄▄ |
▄██▄ ██████▄ █████████▄ ████████████▄ ███████████████ ████████████▀ █████████▀ ██████▀ ▀██▀ | . GET IT ON Google Play | ▀▀▀▄ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▀ |
|
|
|
merchantofzeny
|
|
January 19, 2020, 06:50:08 AM |
|
Use the money earned from the ath to snag em up btc for cheap. For people like me with not even a full btc, it's events like this I'm waiting for.
That's a great plan, but honestly speaking, how many people manage to sell the all time high? I'm quite sure that very few even buy it. The highest price I managed to sell coins during the 2017 bull run was ~$16,000 and then just kept holding just in case the price pumps way higher. I'm a holder and it's quite hard for me to part with my coins, so imagine how easy non-holders sell their coins whenever they see the price increase by 50-100%. They unload their bags faaaaar before the bull market is even at 50% of its actual potential. Then there is the question what is the bottom to buy into? I saw people be so confident in $6000 in 2018 that they believed that it was the ultimate bottom. That ultimate bottom turned out to be 50% below that. That's the uncertain part of it. I believe the more advanced traders out there have tools for prediction, I don't so there's the risk of missing out. I still think that's better than nothing and I prefer this over trading alts. Me I'd just watch whatever the price would be on the halving then maybe wait to see if it'll rise higher than 25% of that and then sell and wait for the next cycle.
|
|
|
|
Betwrong
Legendary
Offline
Activity: 3416
Merit: 2217
I stand with Ukraine.
|
|
January 19, 2020, 10:54:59 AM |
|
~ That's the uncertain part of it. I believe the more advanced traders out there have tools for prediction, I don't so there's the risk of missing out. I still think that's better than nothing and I prefer this over trading alts. Me I'd just watch whatever the price would be on the halving then maybe wait to see if it'll rise higher than 25% of that and then sell and wait for the next cycle.
I read somewhere about a plan, which I personally liked very much, but hadn't a chance to try it yet. During a bull run, when the price rises around 20% per week, sell 5% of what you have, once a week, but only when the price is 20% higher than it was during a previous sell. Thus you won't miss a bull run, and you won't sell everything in the wrong time. And, of course, don't forget to buy back during a steep decline.
|
BITCOIN TO THE MOON ☾ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿ ₿
|
|
|
diojrat
Newbie
Offline
Activity: 3
Merit: 0
|
|
January 19, 2020, 11:30:45 AM |
|
Its probably because many have lost there keys while others don't have a place to spend and are accumulating them as an asset of investment. There will be total supply of 21 million and if this figure 10M bitcoin is true then this means many are hodling bitcoins for day to come. Though I doubt these stats.
It wont really be that precise on having that 10M coins havent moved out yet we should consider those which are lost or floating to void but if large part of the entire number is still accessible then it wont be a surprise if there would be a crash on price i majority of those holder would tend to secure profits on a specific time.As said this might happen before the halving event commence. http://diojrat.com/blog/طلای-اب-شده-چیست؟/
|
|
|
|
Janation
|
|
January 19, 2020, 11:33:40 AM |
|
Well there is a reason's why it is not moving, either it is own by long term investors, businessman, trader groups, manipulators and whales or hack wallets that own by many users. this 10M bitcoin is maybe our savior to not totally the price drop down to 90%, if this 10M btc will dump I think the market won't recover immediately and the users who lost half of their funds too.
Usually this kind of wallets moves in time. If that is owned by one identity, well, a whale, that will usually move into new wallet since there are a lot of whales doing that. If that is untouched for a long time, then that might mean that thebowner of it is holding it or maybe someone that just not active in the community, or maybe someone like Satoshi, or an owner of an exchange
|
|
|
|
Sadlife
|
|
January 19, 2020, 11:38:54 AM |
|
Probably those people realized it bottomed out then find out in charts that it had an 80% correction they started accumulating while the price, is pretty cheap and wait for the next halving cycle or bullrun. For me, i've recently started buying back cause i dont have much to invest in anyways but its probably to late, now that the price is starting to look good.
|
▄▄▄▀█▀▀▀█▀▄▄▄ ▀▀ █ █ ▀ █ █ █ ▄█▄ ▐▌ █▀▀▀▀▀▀█ █▀▀▀▀▀▀▀█ █ ▀█▀ █ █ █ █ █ █ ▄█▄ █▄▄▄▄▄▄▄▄█▄▄▄▄▄▄▄█ █ █ ▐▌ ▀█▀ █▀▀▀▄ █ █ ▀▄▄▄█▄▄ █ █ ▀▀▀▄█▄▄▄█▄▀▀▀ | . CRYPTO CASINO FOR WEB 3.0 | | . ► | | | ▄▄▄█▀▀▀ ▄▄████▀████ ▄████████████ █▀▀ ▀█▄▄▄▄▄ █ ▄█████ █ ▄██████ ██▄ ▄███████ ████▄▄█▀▀▀██████ ████ ▀▀██ ███ █ ▀█ █ ▀▀▄▄ ▄▄▄█▀▀ ▀▀▀▄▄▄▄ | | . OWL GAMES | | | . Metamask WalletConnect Phantom | | | | ▄▄▄███ ███▄▄▄ ▄▄████▀▀▀▀ ▀▀▀▀████▄▄ ▄ ▀▀▀▄▄▀▀▀▀▀▀▀▀▀▄▄▀▀▀ ▄ ██▀ ▄▀▀ ▀▀▄ ▀██ ██▀ █ ▄ ▄█▄▀ ▄ █ ▀██ ██▀ █ ███▄▄███████▄▄███ █ ▀██ █ ▐█▀ ▀█▀ ▀█▌ █ ██▄ █ ▐█▌ ▄██ ▄██ ▐█▌ █ ▄██ ██▄ ████▄ ▄▄▄ ▄████ ▄██ ██▄ ▀█████████████████▀ ▄██ ▀ ▄▄▄▀▀█████████▀▀▄▄▄ ▀ ▀▀████▄▄▄▄ ▄▄▄▄████▀▀ ▀▀▀███ ███▀▀▀ | | . DICE SLOTS BACCARAT BLACKJACK | | . GAME SHOWS POKER ROULETTE CASUAL GAMES | | ▄███████████████████▄ ██▄▀▄█████████████████████▄▄ ███▀█████████████████████████ ████████████████████████████▌ █████████▄█▄████████████████ ███████▄█████▄█████████████▌ ███████▀█████▀█████████████ █████████▄█▄██████████████▌ ██████████████████████████ █████████████████▄███████▌ ████████████████▀▄▀██████ ▀███████████████████▄███▌ ▀▀▀▀█████▀ |
|
|
|
TrevorS
|
|
January 19, 2020, 08:58:27 PM |
|
In fact, this is the most interesting and most promising. The owners of such volumes could drop or raise the price several times, while earning a lot of money on this. But they do not. Why? Or they are not interested, but then why do they need bitcoin? Or they know something that most do not know.
|
|
|
|
Linkkoin
Member
Offline
Activity: 476
Merit: 88
Online Cryptocurrency Exchange
|
|
January 20, 2020, 09:58:32 AM |
|
In fact, this is the most interesting and most promising. The owners of such volumes could drop or raise the price several times, while earning a lot of money on this. But they do not. Why? Or they are not interested, but then why do they need bitcoin? Or they know something that most do not know.
Out of these 10M, it is estimated that at least 4M are lost for good (especially old ones) - as owners lost passwords or old HDD with wallets got broken. Not to mention those belonging to Satoshi himself or some people who may be deceased/imprisoned. Next, many BTCs are stored on hardware/cold wallets belonging to biggest exchanges (and because of low trading volume in general, these had not been moved). Next, we still have a group of people who do not make any BTC transactions because they consider it as a form of the pension scheme. Nevertheless, there are not so many BTC wallets with a huge amount of BTC, enough to actually cause pump and dump.
|
Online cryptocurrency exchange - https://linkkoin.com Buy BTC, ETH, XRP, BCH, EOS, LTC, XMR, REP, ETC, ZEC with credit/debit card
|
|
|
AniviaBtc
Sr. Member
Offline
Activity: 1120
Merit: 272
First 100% Liquid Stablecoin Backed by Gold
|
|
January 20, 2020, 12:01:44 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
yes it will .imagine 10 million bitcoins , not just that but the number is growing when combined with other institutions or just the regular individuals that also hodl bitcoin . it was like a dump that never seen before . it was bad to me if that happens but good to some because they can buy btc 's . what makes me stronger is that i know the possibility for that to happen is only slim because people will always expect for more price hike , the higher the bitcoin price reach There are still a lot of people who believe in the ability of bitcoin in terms of economic growth or it is very profitable. Although, it is not that reliable nowadays because of its price, but the holders are still hoping for the bitcoin to give them what they need and want. Many bitcoin are wasted and were not moving because of the holders that have so much expectation and hope in bitcoin. But in this time they chose to suffer from waiting and the only thing they have is patience.
|
|
|
|
alyssa85 (OP)
Legendary
Offline
Activity: 1652
Merit: 1088
CryptoTalk.Org - Get Paid for every Post!
|
|
January 20, 2020, 12:30:41 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
yes it will .imagine 10 million bitcoins , not just that but the number is growing when combined with other institutions or just the regular individuals that also hodl bitcoin . it was like a dump that never seen before . it was bad to me if that happens but good to some because they can buy btc 's . what makes me stronger is that i know the possibility for that to happen is only slim because people will always expect for more price hike , the higher the bitcoin price reach There are still a lot of people who believe in the ability of bitcoin in terms of economic growth or it is very profitable. Although, it is not that reliable nowadays because of its price, but the holders are still hoping for the bitcoin to give them what they need and want. Many bitcoin are wasted and were not moving because of the holders that have so much expectation and hope in bitcoin. But in this time they chose to suffer from waiting and the only thing they have is patience. Is that still true? I don't think there are many people who believe in "going to the moon" any longer. They believe that bitcoin MIGHT go to £20,000, and there may be a lot of selling at that point. The last time that happened, the wave of selling pushed bitcoin down to $3,500.
|
|
|
|
Oilacris
|
|
January 20, 2020, 12:45:58 PM |
|
A lot of HODlers here. It may make great dump if they will want to finally sell
yes it will .imagine 10 million bitcoins , not just that but the number is growing when combined with other institutions or just the regular individuals that also hodl bitcoin . it was like a dump that never seen before . it was bad to me if that happens but good to some because they can buy btc 's . what makes me stronger is that i know the possibility for that to happen is only slim because people will always expect for more price hike , the higher the bitcoin price reach There are still a lot of people who believe in the ability of bitcoin in terms of economic growth or it is very profitable. Although, it is not that reliable nowadays because of its price, but the holders are still hoping for the bitcoin to give them what they need and want. Many bitcoin are wasted and were not moving because of the holders that have so much expectation and hope in bitcoin. But in this time they chose to suffer from waiting and the only thing they have is patience. Is that still true? I don't think there are many people who believe in "going to the moon" any longer. They believe that bitcoin MIGHT go to £20,000, and there may be a lot of selling at that point. The last time that happened, the wave of selling pushed bitcoin down to $3,500. It wont really be an easy route and as you said there would be lots of sell points and going to moon or ATHs wont really be that easy. Being bullish or optimistic is common but going to unrealistic levels isnt a good thing to be done. 10M coins which havent moving does signify that there are lots of hodlers and if these people tend to sell then it will surely affect the market bigtime but now it isnt the right time for that.
|
|
|
|
|