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Author Topic: If all BTC Gets Bought Up?  (Read 461 times)
Jstandhope
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September 30, 2020, 06:02:27 PM
 #41

I believe buying all the Bitcoin in circulation will cause a scarcity in Bitcoin and if there is scarcity there will be inflation, and if there is inflation then those who have Bitcoin locked up in their wallets which are in the supply Market no matter how little the amount of bitcoin it will have value which in turn will cause the owners to make more money according to the amount of Bitcoin you have available at this point.  So if you have Bitcoin available in your wallet when all the Bitcoin in the supply chain are bought off then you should rejoice because your are not going pennies rather you will be rich according the available Bitcoin you have .
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September 30, 2020, 06:59:28 PM
 #42

Basically if you no have skills and no money, actually it is quite difficult for you to get bitcoin and thus, I don't think everyone who is rich wants to buy bitcoin, so there will still be space for you to get bitcoin and of course with your own way and back again, if you don't have a way then it will still be difficult for you to get bitcoin even though bitcoin still has supply. This case is just a thought that is a concern for yourself, because I personally am not that worried about the thought that is your problem because after all, the supply will definitely run out and those who have a lot of bitcoin are certainly smart people and not just about whales.

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September 30, 2020, 08:11:40 PM
 #43

If grayscale, and a few big name companies bought as much btc in one go, the price would sky rocket. However you WOULD NOT be able to sell, because coinbase/ kraken/ gemini would go down, like they would pull their internet offline.
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September 30, 2020, 09:02:29 PM
 #44

Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.

IF all the supply is bought up. It would make it very hard for others to get BTC.

Now if the whales are buying Whole Bitcoins etc.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?

Almost like putting a whole Bitcoin at a million dollars while the rest of us end up with Pennies?

thoughts? or would having  0.00054 BTC have lots of value if all the whales bought the entire supply?

Thoughts?
Who is buying a supply of Bitcoin? No one has done such thing when price was some bucks and do you really believe that it's possible for now for someone to buy that much bitcoin with current price?
But still, even if we may consider that moment when whales buy almost all of the bitcoins, then, logically price should be high cause it's kind of reseller technique. Buy in cheap price and sell in higher one, especially when it comes to a things that costs billions in overall.
There is demand - there is supply and when demand is higher, price becomes higher. If something had a cost of 10K in past, if demand decreases, it will come near to zero according to regress but there are still some factors to consider.
And, do you have that 0.00054 bitcoin and are thinking around it? Cheesy

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September 30, 2020, 09:03:51 PM
 #45

Do you mean if all BTC has been mined and the whales have bought all BTC?
Thoughts. Seems more and more "whales' are getting into BTC

Many are buying up the supply of Bitcoin. Which in turn would make it harder for other people to get.
If so, why should we worry about this? This will be kind of what the other people here said, Supply & demand. More demand will be better to increase the price of BTC. Additionally, do you think that if whales by all BTC, they will only hold it on their wallet? Well, it may be. But, it doesn't mean that they will never sell it. Everyone buys something to get profits. And if all BTC bought, it means that it is a good condition. More people to buy, more increase the price, commonly this what happens.

Then the value of some of us who just have 0.00054  BTC  have little value in the long term?
Value in Bitcoin is not meant to be like that. It doesn't mean that if you have a small BTC, your value will be also small enough. The value of BTC will be the same for all amounts of BTC. And when you have only that amount, you can use it for trading. DO you think everyone will only buy BTC and hold it without selling on the market? I don't think so. Everyone likes money and profits. If someone holds BTC for any purpose, they will do it for the shake of profits in the future. And it may make the price increased.

So, you may not worry if you only have a small amount of BTC.
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September 30, 2020, 09:06:29 PM
 #46

I don't think there are any rich people or large companies planning to buy all the Bitcoin that is in circulation.
If someone manages to buy all of Bitcoin, this will make the Bitcoin price go up and even more expensive.
However, the market will be unhealthy in my opinion, because Bitcoin is controlled by only a few people.
I want Bitcoin to be owned by many people, so the Bitcoin price movement in the market will be healthier.

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September 30, 2020, 09:23:36 PM
 #47

With a large buyout on BTC. Then this will make the BTC supply finally getting smaller. It might even be impossible to mine anymore. And this will affect the price of BTC which will be determined by the whale. Of course this is an adverse condition for the owner of a small portion of BTC.

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September 30, 2020, 09:23:48 PM
 #48

I don't think there are any rich people or large companies planning to buy all the Bitcoin that is in circulation.

Unless, if all Bitcoin holders will sell their holding coz I believe that they don't want it also.

If someone manages to buy all of Bitcoin, this will make the Bitcoin price go up and even more expensive.
However, the market will be unhealthy in my opinion, because Bitcoin is controlled by only a few people.
I want Bitcoin to be owned by many people, so the Bitcoin price movement in the market will be healthier.
Even though someone owns hundreds of Bitcoins still the market can't be controlled. It was the amazing feature of Bitcoin that we can never change since before and I don't think we need to change either and accumulate all Bitcoin just for this plan. I wonder also if someone could make it possible and succeed.

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September 30, 2020, 09:27:59 PM
 #49

I can assure you that whales are not going to to purchase all the bitcoins because the circulation is indeed for the supply and demand chain, if there is no supply the price may get into millions or zero depends on how people feel about it, more and more people are entering into cryptos it means they are buying bitcoins as well so the distribution happens more than before and it will keep on increasing.









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September 30, 2020, 09:37:36 PM
 #50

There are persons/companies who can literally buy all bitcoin circulating in exchanges now but I doubt that they are interested in doing that. Yes bitcoins price will surely rise if they have all bitcoin in their wallet they will earn tons of money but risking that much of a money I think its a no for them.
But without bitcoins in an exchange I doubt that they will continue operation so I expect that most exchange will be out of business if this will happen.

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September 30, 2020, 10:26:03 PM
 #51

I can assure you that whales are not going to to purchase all the bitcoins because the circulation is indeed for the supply and demand chain, if there is no supply the price may get into millions or zero depends on how people feel about it, more and more people are entering into cryptos it means they are buying bitcoins as well so the distribution happens more than before and it will keep on increasing.
^ That is definitely right, it is matters of the large circulation and you can be determined the demand. Bitcoin has many pair to trade in altcoins, it is impossible to have many bitcoin in just 1 wallet and accumulate them all. Bitcoin has value because you can make different trading pairs of thousands of exchange and as you can see, the more transaction the more huge fees comes. Nevertheless, I don't see anyone can do that even me either.
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September 30, 2020, 11:16:33 PM
 #52

My question: is it possible that all Bitcoin holders selling all their Bitcoin during a certain period? And they don't leave a single bitcoin for investment? Even in the bullrun, I am pretty sure that many people won't sell their Bitcoin because for many reasons. Also, I don't think that there is someone who really wants to risk all their funds into Bitcoin by buying all the Bitcoin in the world. Have you thought about these basic things, mate?
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September 30, 2020, 11:26:47 PM
 #53

That's just how the market goes, there are investors with a lot of stash while other only invest in pennies, Some invest early and gain huge and some invest to late with a high price unable to ride the trend. We can't control the market, that's just how give and take works, and its free not controlled by regulations or any whatnot by the government to tax you with insane fees. So better accumulate, while you still can because if the Institutional money pours in. We will no longer see BTC in low price.

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October 01, 2020, 12:01:05 AM
 #54

~
I don't think that a single whale could buy the entire supply of BTC anyway.
Those who even have the most money outside crypto won't think of buying what's left of few of bitcoins because probably the price skyrocketed due to the massive increase in price of course.
Even those who planned to be a whale can't do it anymore for the said reason. They're just likely to become the usual investor because they can't buy a lot of coins.
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October 01, 2020, 12:14:04 AM
 #55

I doubt it could be possible, and even if so, people would just simply start using it in smaller values ( 0.0001btc, or in satoshis) so that it can accommodate a larger amount of population. There's absolutely no sense for a currency to be held only by a select part of a population, it would only result in damage towards its economy, which I'm pretty sure most people who can hoard Bitcoin should know. A person holding every possible fiat in the world isn't rich, but rather the poorest, just like the rest of the world who doesn't own a single coin of fiat.

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leway.ph
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October 01, 2020, 02:41:24 AM
 #56

There is nothing to worry about, because first no one will buy bitcoin all and keep it to the long run because even whales know how to play with this business.
~~
The btc you have will grow more in value if the price of each BTC increases, regardless of how much BTC is that.
worldofcoins
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October 01, 2020, 03:31:33 AM
 #57

I doubt it could be possible, and even if so, people would just simply start using it in smaller values ( 0.0001btc, or in satoshis) so that it can accommodate a larger amount of population. There's absolutely no sense for a currency to be held only by a select part of a population, it would only result in damage towards its economy, which I'm pretty sure most people who can hoard Bitcoin should know. A person holding every possible fiat in the world isn't rich, but rather the poorest, just like the rest of the world who doesn't own a single coin of fiat.

Most importantly it's difficult to purchase bitcoins. There are 18 Million bitcoins that are mined and the cost is essentially high.
Nobody can purchase 18 Million of bitcoin on at once. Bitcoin has rules if someone buys bitcoin its demand increase and supply decreases which highly effects bitcoin price.
So on the off chance that somebody begins getting it, at that point, the cost will begin expanding
Emitdama
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October 01, 2020, 04:12:10 PM
 #58

I just don’t understand the kind of joy that some of you get from asking questions like this when you are completely aware that such is never going to happen. Are you forgetting that there are lots of people that are into cryptocurrency? Like millions of people are making use of cryptocurrency around the world and people are buying and selling their coins everyday.

How exactly will a whale buy up every Bitcoin? Even if they should manage somehow to buy up newly mined coins from miners, can they buy the ones that are already circulating the space? That’s in no way possible, but let’s just imagine they do, I will be very happy because the price of my coins will pump and I will dump them on that whale.
carter34
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October 01, 2020, 04:24:11 PM
 #59

I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.

I'm seeing this saying as not representing what can happen in far future. I believe that in future that bitcoin will all be mined and purchased no matter how costly the price will be. Even it is scarce, you still see sellers making their price and buyers ready to make payment for it.
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October 01, 2020, 04:32:42 PM
 #60

I can be sure that no one can buy all bitcoins, because so many bitcoins are still in wallets where the key is gone.
In case bitcoins are bought in large quantities by an organization or individual, the price will probably go up because the supply is scarce, but that is very unlikely.
Corporate entities are coming close to owning a high percentage of the BTC supply.
Grayscale and another one which has futures who have bought an enormous amount for their clients to invest into.
As there was a post about 18.5million of the 21million supply has been mined so far this does make owning a piece of bitcoin more scare so it does make it more valuable for certain.

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