uneng
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February 18, 2021, 09:57:49 PM |
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Well, if they decided to sell it all right now... this minute... I think there would be enough buyers to take up the slack ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) Haha, that's only the optimistic view right For real, if that was to happen then for sure that will put the market under an incredible amount of selling pressure. So it might just lead to a downtrend, and not trying to exaggerate but it could even cause the end of the bullrun ![Sad](https://bitcointalk.org/Smileys/default/sad.gif) Yes, the end of this bullrun, but another one would start again later. Actually it would be great if the whales put all their btcs for sale. It would be an opportunity for new investors to adopt bitcoin for a cheap price and to split coins among more hands. But these whales aren't crazy to do this risking all the potential they have in hands. Bitcoin is already being considered a rare asset which will become very disputed futurely, those thinking about selling btc now will most probably regret later.
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Hamphser
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February 18, 2021, 10:16:05 PM |
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Well, if they decided to sell it all right now... this minute... I think there would be enough buyers to take up the slack ![Wink](https://bitcointalk.org/Smileys/default/wink.gif) True. Why people are really so scared for that sell out scenario? Why we cant just see this as an opportunity instead to get some more cheaper coins. Correction or sell off point is inevitable and instead on seeing thing as an unfortunate event then its better to see this as a chance to accumulate more. We know that bitcoin could crash but in high probability that it can really recover in no time. If those big holders will decide to sell then it does have some positive things where coins would be eventually be diverted out in multiple hands and accumulation on few holders will be gradually be partitioned.
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AjithBtc
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February 18, 2021, 10:20:40 PM |
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The market will crash, but the entire volume gets accumulated with few people. This will cause further price manipulation easier, and these people will further decide how the market needs to move. The demand for Bitcoin is always high, recently MicroStrategy or one of the company acquired everything thats been mined for specific time period. Nothing to worry, someone will buy. Anyhow such scenario won't happen with bitcoin.
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CarnagexD
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February 18, 2021, 10:53:47 PM |
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A major crash will happen of course, panic will ensue, people will post suicide notes on bitcoin subreddit, among other things. That's why I am a bit against the current state of bitcoin where whales take over the market instead of the collective small-tume investors, because with a single press of a button 10+ years of journey and trust buildup will be put to waste.
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MCobian
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February 18, 2021, 11:04:07 PM |
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Of course the market will crash, if large quantities of Bitcoin are sold. But I am sure the market will recover as soon as before if that happens. Since there will be lots of people who want to buy Bitcoin, I also really hope that Bitcoin price will fall now. In order to be able to buy Bitcoin at a cheap price, that's how the Bitcoin market works. But if you look at today many large investors continue to collect Bitcoin, it won't happen any time soon.
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Oceat
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February 18, 2021, 11:50:52 PM |
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A major crash will happen of course, panic will ensue, people will post suicide notes on bitcoin subreddit, among other things. That's why I am a bit against the current state of bitcoin where whales take over the market instead of the collective small-tume investors, because with a single press of a button 10+ years of journey and trust buildup will be put to waste.
Only if there's a lot of people are buying if those major holders decided to sell at this moment, of course there's a sudden drop of price temporarily. Why are you so afraid if they (whales) decide to sell/dump their tons of coins? Remember, count it as a blessing in disguise because the price will suddenly plummet then you will be able to buy off some for a good price that you are expecting to have in the first place when Bitcoin suddenly rose to what price we have now. I think there's enough buyer who can accommodate all of their coins if they suddenly dump it all or maybe not?
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3996
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Rengga Jati
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February 18, 2021, 11:58:14 PM |
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It's kind of concerning that so few people hold so much bitcoin.
Are these holders even active or what? I'm guessing they bought at the beginning and are all just holding.
Maybe they are active but not willing to sell the coin right now, I am sure that they have their own target to sell the Bitcoin and I am not sure if they want to sell it all at one time. But if they want, and happen, of course, it will influence the market. it relates to demand and supply. I will make the supply high enough at that same time. If there is also high demand, the price drop may recovery very soon. But if not, the price will likely go to drop again adn again until the demand and supply at least balanced. that is why it may be not too good if they will sell it all at one time except they want to make something shocked and having a certain purpose.
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panganib999
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February 19, 2021, 12:15:24 AM |
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It's kind of concerning that so few people hold so much bitcoin.
Are these holders even active or what? I'm guessing they bought at the beginning and are all just holding.
Maybe they are active but not willing to sell the coin right now, I am sure that they have their own target to sell the Bitcoin and I am not sure if they want to sell it all at one time. But if they want, and happen, of course, it will influence the market. it relates to demand and supply. I will make the supply high enough at that same time. If there is also high demand, the price drop may recovery very soon. But if not, the price will likely go to drop again adn again until the demand and supply at least balanced. that is why it may be not too good if they will sell it all at one time except they want to make something shocked and having a certain purpose. Bitcoin are so volatile and unstable. The reason why they bought many and decided not to sell is that they believe that in the future it will have a better and best price that they can sell it. Actually if a major holders would decide to sell it I think it will affect the market whole because in a simple word of major, it says that most of supply coin is will be available in the market. Imagine if the ask price is so low, many people will definitely buy it and I think the market price is definitely at the bottom and will fluctuate time by time.
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Abiky
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February 19, 2021, 05:00:38 PM |
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This is a real concern as it could lead towards the concentration of power on the Blockchain. Most people don't care about this, as they're focused in making money within the shortest time possible. Those who care about Bitcoin's decentralization will find the current situation quite concerning. Imagine if big companies control most of Bitcoin's supply? They'll be able to dictate Bitcoin's price on the market, among many other things. This would create an unequal system where only the rich will be able to control Bitcoin's future direction. If major holders of Bitcoin decide to sell it all, prices will crash drastically on the market. There will be a recovery, albeit at a slow rate than ever before. To my knowledge, Satoshi Nakamoto is the biggest holder of Bitcoin. If he/she/they ever decide(s) to sell all of his/her/their Bitcoin, then prices will fall faster than you could ever imagine. At least, we don't have to worry about massive sell pressure on the market if Bitcoin continues to work as intended. There will always exist buyers who're willing to accumulate and "hodl" Bitcoin for the long term. What I don't like is that companies and other entities are accumulating a large sum of Bitcoin, bringing the problem of power concentration among a few people. But there's nothing we can do about this, as Bitcoin is "free" and open for anyone to do with it as they desire. Just my opinion ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Jet Cash
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February 19, 2021, 06:04:15 PM |
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Well you can't sell something unless there is a buyer, so I guess you mean what would happen if they offered to sell. Then you have to consider the offer price. They would try to get as much as possible.Bear in mind that most of the large players don't trade on the exchanged, but do their deals privately. This means that mass selling is unlikely to be the problem. A greater problem is the increase in hodling, and this may lead to an increase in volatility.
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ecnalubma
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February 19, 2021, 06:11:17 PM |
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Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.
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isaac_clarke22
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February 19, 2021, 06:27:09 PM |
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~
Pretty sure they're active, but that's the point of hodling. You're taking opportunity to hold even more then hodl even longer till the whole supply gets swept. If major hodlers decided to sell? Well from supply and demand law, it surely gonna pull down the price but hey an opportunity for those looking for lower price to buy. ![Smiley](https://bitcointalk.org/Smileys/default/smiley.gif)
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Bitcoinislife09
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February 19, 2021, 06:58:53 PM |
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I think the risk is they could manipulate the market if they are holding a big chunk of bitcoin. I don't think they are going to buy bitcoin just to easily dump it in the market these companies are planning to hold this bitcoin for a long term investment in their company and even planning to accept bitcoin in their own bitcoin meaning they are planning to buy more bitcoin and put it in the company. Holding a big chunk of bitcoin would make the market price of bitcoin rise and skyrocket even up to a million-dollar making it a big profit in the companies. And then sell it when the price is so high.
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adzino
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February 19, 2021, 08:38:56 PM |
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If the majority of the holders decide to sell all of their bitcoins at once, then the price will crash. Hence, this will enable more buyers to enter the market. There are lots of people who are willing to buy at cheap. They will all rush in, trust me. So this means we will see a short term crash on the price which will eventually recover and cause a huge big bull. We might all so see more stability in the market. As the number of coins spread between different people (and no single or group of person hold large amount of coins), we will see that price manipulation no longer takes place. In other words, a healthier market will be created.
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kawetsriyanto
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February 19, 2021, 09:51:42 PM |
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The sudden swelling of Bitcoin will always give a certain influence on the price of Bitcoin. It acts the same when there is a buy order in a high amount of BTC at the same time, it will make the price increase. So does this condition. Of they sell the coins all in at the same time with the certain same rate of Bitcoin, core it will give infleucne.
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just_Alice
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February 19, 2021, 11:58:47 PM |
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Obviously, the price would drop, providing the opportunity for the smarter ones to buy BTC during the price drop (in case they all sell it over a short period of time, of course). That would actually be good in some sense because there would be less possibility of market control by the major holders. However, I don't think the info behind the link you provided in the OP is true. Besides, it's a little out of date, many things have changed since then.
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Lorence.xD
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February 20, 2021, 10:15:28 AM |
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Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.
The tanking might not take long or might take long, we don't know yet but we know that when that happens, buying more bitcoin will be the best course of action, imagine all the whales dumping their bitcoin back into supply and the waves will not destroy us because we know that this will happen. This is like Christmas for everyone that has been waiting to buy bitcoin for such a low price. This is all just a hypothetical situation and I think that it doesn't make sense but we have to ride along with it.
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imstillthebest
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February 20, 2021, 10:39:08 AM |
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It's kind of concerning that so few people hold so much bitcoin.
few ? no i dont think so . we cant reach this point if there are only less major investors investing in btc but the price of 60000 is a proof that we are now being invaded by major investors and there must be more to come . Are these holders even active or what? I'm guessing they bought at the beginning and are all just holding.
your guess was right . they wont become a major investor if they dont invest like a pro but many big btc owners became inactive on the past and permanently lost all their coins because they never believe that btc will be this high
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geegaw
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February 20, 2021, 02:31:36 PM |
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Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.
I think you should start to worry right now when you look at the market cap, the numbers are terrible and the value of bitcoin is similar, the price of bitcoin is going up very fast and to be honest, if a large number of holders dumped, we will not be able to cut loss or close in time and I cannot imagine the amount of money that can be lost with each individual. So, in recent days, I have been taking profits as soon as possible, avoiding whale's improvisation, this dumping can be a new history page, I don't have the courage to jump in when the situation is unknown
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abel1337
Legendary
Offline
Activity: 2492
Merit: 1145
Enterapp Pre-Sale Live - bit.ly/3UrMCWI
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![](https://bitcointalk.org/Themes/custom1/images/post/xx.gif) |
February 20, 2021, 07:26:58 PM |
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Honestly I will not be worried if the whales dump their holdings at the same time because there are a lot buyers just waiting for the dump. Its their only chance to jump in at very cheap prices, the price might tank but not for long. It wouldn’t make since if they dump their holdings these times now that Bitcoin is already on meanstream, I think most of them will hodl for years or sell just some of it.
I think you should start to worry right now when you look at the market cap, the numbers are terrible and the value of bitcoin is similar, the price of bitcoin is going up very fast and to be honest, if a large number of holders dumped, we will not be able to cut loss or close in time and I cannot imagine the amount of money that can be lost with each individual. So, in recent days, I have been taking profits as soon as possible, avoiding whale's improvisation, this dumping can be a new history page, I don't have the courage to jump in when the situation is unknown Imagine if Elon musk Tesla bailed out from bitcoin, I'm sure that there are many traders who will be liquidated in their positions because of a price drop, and one of the worst possible scenarios that can also happen after that is big investors joining tesla in bailing out. If this happened a stop-loss can save many traders in this kind of situation and it is important for traders to learn how to use it and to use it on every trades, I'm sure that new traders aren't using it and relying only on manual closing of positions which could put you in trouble if a big correction happened.
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