Bitcoin Forum
May 02, 2024, 04:24:20 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
   Home   Help Search Login Register More  
Pages: « 1 2 [3]  All
  Print  
Author Topic: Destroying Bitcoin  (Read 388 times)
seoincorporation
Legendary
*
Offline Offline

Activity: 3150
Merit: 2922


Top Crypto Casino


View Profile
April 10, 2021, 03:21:17 PM
 #41

When a big company buys bitcoins isn't for a short time trade, they buy them to have it as an active of the company. The only reason for them to sell the bitcoin is only if the business hits bankruptcy, and is hard to see this scenario because the companies who invest in bitcoin is because they have enough money to do it.

As a good example we have tesla, they spend a big amount of money in bitcoin and that is a nice backup for the markets to hold the price over $50k.

█████████████████████████
████▐██▄█████████████████
████▐██████▄▄▄███████████
████▐████▄█████▄▄████████
████▐█████▀▀▀▀▀███▄██████
████▐███▀████████████████
████▐█████████▄█████▌████
████▐██▌█████▀██████▌████
████▐██████████▀████▌████
█████▀███▄█████▄███▀█████
███████▀█████████▀███████
██████████▀███▀██████████
█████████████████████████
.
BC.GAME
▄▄░░░▄▀▀▄████████
▄▄▄
██████████████
█████░░▄▄▄▄████████
▄▄▄▄▄▄▄▄▄██▄██████▄▄▄▄████
▄███▄█▄▄██████████▄████▄████
███████████████████████████▀███
▀████▄██▄██▄░░░░▄████████████
▀▀▀█████▄▄▄███████████▀██
███████████████████▀██
███████████████████▄██
▄███████████████████▄██
█████████████████████▀██
██████████████████████▄
.
..CASINO....SPORTS....RACING..
█░░░░░░█░░░░░░█
▀███▀░░▀███▀░░▀███▀
▀░▀░░░░▀░▀░░░░▀░▀
░░░░░░░░░░░░
▀██████████
░░░░░███░░░░
░░█░░░███▄█░░░
░░██▌░░███░▀░░██▌
░█░██░░███░░░█░██
░█▀▀▀█▌░███░░█▀▀▀█▌
▄█▄░░░██▄███▄█▄░░▄██▄
▄███▄
░░░░▀██▄▀


▄▄████▄▄
▄███▀▀███▄
██████████
▀███▄░▄██▀
▄▄████▄▄░▀█▀▄██▀▄▄████▄▄
▄███▀▀▀████▄▄██▀▄███▀▀███▄
███████▄▄▀▀████▄▄▀▀███████
▀███▄▄███▀░░░▀▀████▄▄▄███▀
▀▀████▀▀████████▀▀████▀▀
In order to get the maximum amount of activity points possible, you just need to post once per day on average. Skipping days is OK as long as you maintain the average.
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
Traderbtcc
Full Member
***
Offline Offline

Activity: 1190
Merit: 123


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 10, 2021, 08:18:29 PM
 #42

Not sure if these companies or corporations buying bitcoin will want to dump their bitcoin later, although they would be tempted to take profits cause their investment would have probably doubled or tripled, but it's very unlikely that they would actually do that, honestly I think the main reason they are buying bitc is because it is a limited currency and the price tends to go up rather than leave the money in  fait that the purchasing power keeps discreasing,so there's no need to be afraid.

tippytoes
Sr. Member
****
Offline Offline

Activity: 1988
Merit: 275


View Profile
April 10, 2021, 09:12:02 PM
 #43

Not sure if these companies or corporations buying bitcoin will want to dump their bitcoin later, although they would be tempted to take profits cause their investment would have probably doubled or tripled, but it's very unlikely that they would actually do that, honestly I think the main reason they are buying bitc is because it is a limited currency and the price tends to go up rather than leave the money in  fait that the purchasing power keeps discreasing,so there's no need to be afraid.

And also, I don't think they will just dump it for no reason. They will only dump it when they already lose their faith to bitcoin. They may sell some from time to time, but I don't think they will dump it all at once. And even if one company is selling, I don't think others will follow thru. They have their reasons why they invested in bitcoin. Don't think that their main goal is to destroy bitcoin here. I believe, they are mainly looking for huge profits in the future.
verita1
Member
**
Offline Offline

Activity: 1358
Merit: 81


View Profile
April 10, 2021, 10:31:18 PM
 #44

The opinion of the members is correct there is no need to worry when companies buy large amounts of bitcoin.
They are bitcoins that will not be traded for a long time. The volatility of bitcoin has its pros and cons that makes it participate in the best moment of the market.
Still bitcoin has a long way to go and the main thing has been achieved credibility in a safe haven asset.

Ridwan Fauzi
Full Member
***
Offline Offline

Activity: 1330
Merit: 147


View Profile
April 10, 2021, 10:33:29 PM
 #45

The fact that is hard thing to do since bitcoin price is expensive already. Yeah, you need a lot of bitcoin to can be able to manipulate market movement. Also, if you can do that then it will just for a while, not for long term situation.

There will be many people who will buy bitcoin at the lower price. Take a look at this time, since bitcoin is increasing to $60.000 barrier again then when its price fall to below $58.000-$55.000 we will see there will be a spike in the price in that area.

Also, bitcoin is like gold already, there are a lot of investor who believe bitcoin and having it. Are gold price movements often manipulated? Honestly I haven't seen it and this thing will happen to bitcoin.
jjdub7
Hero Member
*****
Offline Offline

Activity: 938
Merit: 502


View Profile
April 11, 2021, 08:56:04 AM
 #46

The big companies are buying bitcoin and manipulating the market. one day they will start to sell all bitcoins and we will have a very big shock. imagine that you think that crypto is your enemy, if you want to destroy it, first you will buy as much as you can, you will make the market goes up, after you will sell all coins and you will destroy the market, take money of small investors and make them hate the crypto.

when i saw a company buy big amount of coin, i afraid.

I don't think there's anything to be afraid of when institutions have paid more attention to Bitcoin and the crypto market. The only negative thing about these events, in my opinion, is that ordinary investors will be able to afford less and less market shares. As the great interest of the institutions raises the price, and only they have huge capital with which to buy a large number of coins, ordinary traders with small capital will be able to buy smaller and smaller shares.
acener
Full Member
***
Offline Offline

Activity: 1274
Merit: 115


★Bitvest.io★ Play Plinko or Invest!


View Profile
April 11, 2021, 02:04:18 PM
 #47

The big companies are buying bitcoin and manipulating the market. one day they will start to sell all bitcoins and we will have a very big shock. imagine that you think that crypto is your enemy, if you want to destroy it, first you will buy as much as you can, you will make the market goes up, after you will sell all coins and you will destroy the market, take money of small investors and make them hate the crypto.

when i saw a company buy big amount of coin, i afraid.
But what if they sell all of their holdings but another big name came and buy it all it would be their lost not ours.
I think they are also having a hard time just like us when we want to sell our crypto but thinks that it could still go up.
The only difference is that they have a huge amount while we have only little.

buwaytress
Legendary
*
Offline Offline

Activity: 2800
Merit: 3443


Join the world-leading crypto sportsbook NOW!


View Profile
April 11, 2021, 02:11:45 PM
 #48

But what if they sell all of their holdings but another big name came and buy it all it would be their lost not ours.
I think they are also having a hard time just like us when we want to sell our crypto but thinks that it could still go up.
The only difference is that they have a huge amount while we have only little.

Don't think there will be anyone new selling anything now. I'd probably secure some profits now if I were a big fund that bought in below $5k (hard to ignore 10x profit). Thinking that despite long term appreciation, Bitcoin spends the majority of its time in the depths, and only a fraction of the time in its peaks. So I'd say, bulls are long-term happy, but bears probably get a lot more joy a lot more of the times.

Whether that's enough padding to cover the pain of all these short liquidations en route to a new peak, I'll not know.

██
██
██
██
██
██
██
██
██
██
██
██
██
... LIVECASINO.io    Play Live Games with up to 20% cashback!...██
██
██
██
██
██
██
██
██
██
██
██
██
Kasabus
Hero Member
*****
Offline Offline

Activity: 2814
Merit: 576


View Profile
April 11, 2021, 02:24:10 PM
 #49

The big companies are buying bitcoin and manipulating the market. one day they will start to sell all bitcoins and we will have a very big shock. imagine that you think that crypto is your enemy, if you want to destroy it, first you will buy as much as you can, you will make the market goes up, after you will sell all coins and you will destroy the market, take money of small investors and make them hate the crypto.

when i saw a company buy big amount of coin, i afraid.

I don't think there's anything to be afraid of when institutions have paid more attention to Bitcoin and the crypto market. The only negative thing about these events, in my opinion, is that ordinary investors will be able to afford less and less market shares. As the great interest of the institutions raises the price, and only they have huge capital with which to buy a large number of coins, ordinary traders with small capital will be able to buy smaller and smaller shares.
Maybe it was, but why not choose altcoins instead?
But as what OP speculates, that really be impossible. We could really feel the market manipulation but no one will think about destroying Bitcoin just for their silly ideas. I mean, no one could dare to do that like it for sure that these whales/investors are also milking crypto. Actually, they can easily make money here and that is why they will keep this alive.

████████████████████████
.
.SPORTS..
███████▄███▄▄
█████████▀▀████▄▄
▄███▄▄███████▀▀████▄▄
███▀█████▄███████▀▀███▄
████████████▄▄█████████
█████████░▀▀████▄▄████▀
████████████████████
█████████░▄▄████▀▀████▄
████████████▀▀█████████
███▄█████▀███████▄▄███▀
▀███▀▀███████▄▄████▀
█████████▄▄████▀▀
███████▀███▀▀
.
.bets.io.
████████████████████████
.
..CASINO..
Pages: « 1 2 [3]  All
  Print  
 
Jump to:  

Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!