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Author Topic: If Whale hoards bitcoin, will the market run out of BTC to buy?  (Read 636 times)
peter0425
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September 15, 2021, 09:21:49 AM
 #81

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?
If whales has that power then they may just done that even before but we knew how their capacity is, they cannot even purchase all the Bitcoin in the market that exist to hold meaning they are not confident in doing such .

but of course Bitcoin will either die or grow very high if this happens, but i doubt it will ever come not in the next 10 years.

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Ucy
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September 15, 2021, 10:15:20 AM
 #82

As long as Bitcoin remain very divisible, whale holding much of the supply without selling short-term (for example) will only add more to the scarcity of Bitcoin, make smaller unit worth more and become enough for buyers. I think it's important to have more people holding bitcoins rather than concentrating supply in the hands of few people who could collude to cause problems to market.
Better they are independent holders/whales who can't collude or sell at thesame time to hurt the market.

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September 15, 2021, 08:36:52 PM
 #83

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 difficult to happen. Why I think so is because the more that they are buying Bitcoin the more that the value will be increasing. As the value is increasing,if they were able to buy 100,000 of Bitcoin as a certain price, they won't be able to buy that amount at the same price in the future.

Let’s take for example now they might be able to buy 100,000 of Bitcoin at $100,000, but in the future that same number of bitcoins which is 100,000 will be what about $1,000,000. So that’s how things are going to change. I don’t think there is any need to be afraid of the Market running out of Bitcoin and no one will be able to buy Bitcoin. Moreover there is always going to be constant buying and selling of Bitcoin, so anytime you want to buy it, you will always have Bitcoin to buy or sell as well.
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September 15, 2021, 08:59:39 PM
 #84

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?
No, because if someone buys all the bitcoin, then no one will ever want it. It's like if someone buys all the USD, then what will happen? One man will own all the USD but the whole society will implement new currency.

Bitcoin isn't a first need thing like food and water, so there will be zero demand on it in that case. If someone owns all the water and all the food, then sure, people will fire everything to don't die in starvation. I think this is the simple explanation of that situation.

Plus, if crypto is the only concern here, remember that we have Ether, Monero, bitcoin clones (Bitcoin Cash, litecoin is also clone, etc).

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September 15, 2021, 09:15:14 PM
 #85

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?
No, because if someone buys all the bitcoin, then no one will ever want it. It's like if someone buys all the USD, then what will happen? One man will own all the USD but the whole society will implement new currency.

Bitcoin isn't a first need thing like food and water, so there will be zero demand on it in that case. If someone owns all the water and all the food, then sure, people will fire everything to don't die in starvation. I think this is the simple explanation of that situation.

Plus, if crypto is the only concern here, remember that we have Ether, Monero, bitcoin clones (Bitcoin Cash, litecoin is also clone, etc).

and there will be no supply and demand in the market if only one or few individuals will own the coin. so i don't think these whales will like to own most of the coins circulating in the market and it is not in their best interest not to have the organic market movement because one way or another, they can't sustain controlling the market forever. they need other traders, whether small or big, to sustain the interest in the market.

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September 15, 2021, 09:16:20 PM
 #86

Apart from what everyone else has said... which is that if someone hoards and drives the scarcity up, someone will eventually offer enough for someone else to sell...

The other thing to keep in mind is that if bitcoin became even more scarce, they could just add more subdivisions, smaller than the current satoshi.. you could call them finney's, or if it was really insignificant, wrights Wink

So you can keep sub-dividing bit coin and each smaller portion will just get worth more as scarcity increases.

The bigger issue is attrition.. the number of people that lose access to their bitcoin forever... that will make bitcoin more scarce than people hoarding it.
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September 15, 2021, 09:32:25 PM
 #87

The whole markets is running on supply and demand whenever there is a high demand the prices always rise and the supply is always depending on how many miners are running and the difficulty of the blocks and of course the bitcoin in circulation, so to answer the question if a whale holds bitcoin the market will not run out of bitcoin and the price wouldn't be affected that much even if he was holding a large amount of it, and that is why bitcoin is decentralized.
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September 15, 2021, 09:54:53 PM
 #88

That's not going to happen realistically speaking.
But if that happens then Whales will sell the bitcoin they're hoarding for a very high price compared to what they bought it for and the value of bitcoin will drop because a certain individual or group is holding the max value.
Which will cause people to switch to another blockchain rather unless the Whale's portfolio is not public.

+_-
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September 15, 2021, 09:59:58 PM
 #89

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?
You can still buy in fractions and its better not to stress out yourself in regards on this one. Smiley

Considering that the last bitcoin to be mined is still on year 2140+ which means you could still buy coins everytime you do want.As long you do have the money to spent on then this
situation wont really be a problem.

Whales are always there no matter what market you are engaging into but doesn't mean that they would accumulate bigger percentage which is ending up
on a monopoly.

R


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September 16, 2021, 10:24:52 PM
 #90

bitcoin does have a limited stock but if bitacoin runs out of stock it probably exists if the whales don't sell their stock at all. but the fact is that whales also need money and the financial cycle must run so it's not 100% whales don't trade their bitcoins there must be some that they sell to make a profit
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