donaldlloyd
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September 10, 2021, 07:15:30 AM |
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I still feel you are thinking way ahead, yes there is a chance of companies or individuals holding maximum no of BTC. But they are holding it for a reason right? And the reason is for profit. The asset would be obsolete for them if they never sell it for profit . So I don't think people would ever run out of BTC, there is a reason why there is a limited supply and that is why BTC has become so valuable.
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awik p
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September 10, 2021, 08:02:35 AM |
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Whales have their own strategies, usually they are also coordinated and manipulative to make other traders mentally down. Whales will not always hoard bitcoin, they will sell it when they get a lot of profit and are on target.
Bitcoin still has a stockpile that has not yet been mined. Some bitcoins that whales are hoarding and can't open are likely to be buried forever.
and if buried forever means the supply of bitcoin in circulation is reduced, and this can increase the price. For whales, of course, holding bitcoin is a business, so it's true that after they feel that the profit is maximum, they sell their assets, and the market experiences an anticlimactic. in the end they will wait for bitcoin to experience a price correction and start buying it back. I think this cycle will always exist |
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taufik123
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September 10, 2021, 01:22:39 PM |
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and if buried forever means the supply of bitcoin in circulation is reduced, and this can increase the price. For whales, of course, holding bitcoin is a business, so it's true that after they feel that the profit is maximum, they sell their assets, and the market experiences an anticlimactic. in the end they will wait for bitcoin to experience a price correction and start buying it back. I think this cycle will always exist
The cycle will always be the same and we as traders who only have minimal capital can only follow the whales. Some strategies whales use to continue to make a profit. Price fluctuations really come into play because they have a huge amount of money to influence the market price. If the supply of bitcoins is running out and can't be added again, then bitcoins will be increasingly scarce and more expensive. |
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ropyu1978
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September 10, 2021, 01:27:26 PM |
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Basically their whales play scenarios just to manipulate the market, so they don't want to be in the market for too long and usually they will wait for the right moment when they want to buy and then sell it back when the market value is at its peak and after selling the asset, the whale will be reluctant entered the market at the same price, so I don't think they plan on hoarding bitcoins for long.
it's true as you said, the whales just want to cheat the market, they just want to mess up the market, so the price can go down, then they take the opportunity, to buy bitcoin, two months later they will post positive things about bitcoin, and the bitcoin price is back up, then they will sell all their bitcoins, actually that's the game of the whales, they have never hoarded bitcoins for a long time.. |
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Luke Briggs
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September 11, 2021, 07:51:07 AM |
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Giant whales want to make money through market fluctuations. They don't want to hoard all their money in Bitcoin without any operation.
The operation of whales will have an impact on the market. Many people will stare at the operation of the giant whale.
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ampu
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September 11, 2021, 10:53:09 AM |
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Don't worry too much. Miners generate one Bitcoin every 10 minutes on average every day. Miners will sell some or all of their Bitcoins to pay the fees for their Bitcoin mining.
Addresses in the past that have stored Bitcoins will sell for a profit. People who need money will sell their Bitcoins for FIAT.
Some traders will sell their Bitcoins.
So there's no way sharks take all the market's Bitcoins.
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Kusman
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September 11, 2021, 11:35:10 AM |
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I don't think that we will ever witness such thing happening. Whales can hoard their Bitcoins whatever amount they would like. They will sell at some point in the end. And they can't have all Bitcoins circulating also. Normal people will always be free to buy whatever amount of Bitcoin they would like. And there are not too many people who own more than 100 BTC and 1000 BTC now. I believe that most of them are HODLers from the old times. Considering the current price and the price that Bitcoin can reach in the future, there won't be many people who can buy a great amount of Bitcoin also.
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NelfiNovita
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September 11, 2021, 04:22:46 PM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
I think it can happen if bitcoin holders don't want to sell their bitcoins and hold them long term. if the market runs out of bitcoin then buyers and sellers will turn to altcoins to trade, this will make bitcoin meaningless because investors have held bitcoin for a very long time so traders and buyers hate bitcoin. |
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suboo112123
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September 11, 2021, 05:36:15 PM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
I think it can happen if bitcoin holders don't want to sell their bitcoins and hold them long term. if the market runs out of bitcoin then buyers and sellers will turn to altcoins to trade, this will make bitcoin meaningless because investors have held bitcoin for a very long time so traders and buyers hate bitcoin. Yes..I completely agreed with you. |
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Theones
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September 11, 2021, 05:44:52 PM |
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There are 18 million BTC in circulation right now and rumors are that many of them are lost forever (due to loss to keys and cant be recover ever). There is not a single whale in BTC market, there are scores of whales along with sharks (small investors). To create scarcity of bitcoin all whales must agree on HODLing btc, which is something very unlikely.
As already mentioned here, deals like buying 100,000 BTC happens once in a while not daily.
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TheGreatPython
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September 12, 2021, 05:22:24 PM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
I don’t think it is possible that such thing is going to happen. You know that there are lots of bitcoins circulating and people are making use of it for transaction every day, so I don’t think there will be a time where we run out of bitcoins to buy or use. As these big private investors and institutions continues to invest their money in Bitcoin and buying Bitcoin in huge amounts, the price of Bitcoin is going to continue to increase in value and then it’s price in Satoshi will continue to also increase in value (that's the fraction of Bitcoin). And as this continues, that means there will be more available for people to buy, although I do understand that everybody wants to own one Bitcoin , but it is not a must that you will own one Bitcoin, because you can buy in fractions. |
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Slow death
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September 12, 2021, 09:40:11 PM |
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There is no reason for hoarding bitcoin for a lifetime unfortunately many people in this cryptocurrency market have it in their minds that they have to hodl bitcoin for a lifetime without spending a single penny is an incomprehensible situation for me. those people who are holding a huge amount of bitcoin or those whales will eventually sell their holding once bitcoin reaches their target price so the circulation won't stop and there are also a lot of people who is willing to sell especially those miners. miners will always sell to make a profit, people who do day trade have always sold to make a profit, the market will always have a seller and a buyer. this will not change today or any day There are so many big companies that are now holding bitcoin and they just waiting for the right time before they sell it but not all of how much they have.
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pinggoki
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September 12, 2021, 09:59:39 PM |
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Only would happen if the every single one of us who holds bitcoin decided to stop selling all of a sudden. Whales could hoard all they want but if they all at a point started to control bitcoin for their own greedy causes, people could simply call it a day and move on to a different cryptocurrency, pulling all of their holdings out and find another decentralized cryptocurrency in the market that they can invest on. If you're scared that whales are becoming powerful by the day in the world of cryptocurrency, do not fret because the most powerful component of this system is us investors, we get to decide when bitcoin is valuable and when it would be dirt cheap, literally. Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
I don’t think it is possible that such thing is going to happen. You know that there are lots of bitcoins circulating and people are making use of it for transaction every day, so I don’t think there will be a time where we run out of bitcoins to buy or use. As these big private investors and institutions continues to invest their money in Bitcoin and buying Bitcoin in huge amounts, the price of Bitcoin is going to continue to increase in value and then it’s price in Satoshi will continue to also increase in value (that's the fraction of Bitcoin). And as this continues, that means there will be more available for people to buy, although I do understand that everybody wants to own one Bitcoin , but it is not a must that you will own one Bitcoin, because you can buy in fractions. I guess this is just a worst case scenario brain exercise? Since no matter what happens there will always be a person who would want to sell their coin for profit, especially if in OP's situation all whales hoard the coin, which will pump the price of bitcoin dramatically forcing other people who have their coins on holding to sell it and take the profits. So no matter how we look at it, the ones that will be at a loss will always be the whales, because in order to win they had to follow the delicate balance of the market where they can only acquire a definite amount of crypto before the people decide to sell it. |
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TelolettOm
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September 12, 2021, 10:40:14 PM |
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In my opinion, Bitcoin is not only owned by whales.
There are so many traders in the crypto world and Bitcoin trading volume will be always circulating.
There are also miners who will mine and this will not end until around 2140. So, it will be still a long time later.
About holding all Bitcoins, I am not sure that traders or whales will do this because whatever, they will always maintain the circulating supply and volume in the market in order to maintain the price also.
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Davidvictorson
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September 14, 2021, 07:55:03 AM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
How long can they hoard? It’s an open market and there’ll always be buying and selling just like trade and barter at all levels no matter how small. If the whales hoard, the sharks won’t and even if they do, the dolphin, fish and what-have-you won’t hoard. |
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dupee419
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September 14, 2021, 03:55:52 PM |
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I don't think it will come to a point where there are no bitcoins left to be hoarded, individuals and even those whales will have to sell at some point, you can't just let your holdings sit on your wallet, everyone has a different mindset and perspective, so I guess it's impossible for it to happen.
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mksundip
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September 14, 2021, 10:45:29 PM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
bitcoin will never run out of stock bitcoin in the market. because I'm sure there will be whales selling bitcoins because of the profit from hoarding bitcoins. I think, if there are many bitcoin hoarders the price will go up but the supply of bitcoins will still be in the market |
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Ararbermas
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September 15, 2021, 06:38:42 AM |
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Nope, you know why? Because when bitcoin is down alot of investors is accumulating as well despite of the situation, wherein reason market become so volatile, and probably whales will not do such way just to kill bitcoin in my personal opinion, as it's the most powerful crypto in the market and probably no one will let that happen as well especially nowadays that theirs a lot of big companies were holding bitcoin.. For sure their will be a battle between buyers (holders) and sellers (whales) . Lol
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wissy
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September 15, 2021, 06:50:31 AM |
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Bitcoin is limited in quantity. News like so and so billionaire or so and so company bought 100,000 BTCs is now commonplace due to the dip. Will there be a time when there will be no bitcoin to buy. If so then what will happen then?
That would be the best scenario for the holders. Imagine BTC being a sought after hard-to-get currency, price would sky rocket. But that will never happen, you can see how collectables market is blooming and unique items are always being sold. Especially in crypto, people want quick money and will always sell. |
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Zanab247
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September 15, 2021, 08:24:12 AM |
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I guess, it will not happen for market to run out of bitcoin to buy, because the more companies buy bitcoin to hold for future purpose, the more others company sell their bitcoins to make a good profit. Since there is always a buyers in the market, there must be a seller who are willing to sell their bitcoins to make a profit.
Many companies are selling their bitcoins now to settle their workers and likewise some company want to buy and hold until the market is good for them to sell. There will be bitcoin to buy, since there are sellers who want to meet up with their target in the market.
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