avoxosuccesful
Jr. Member
 Offline
Activity: 252
Merit: 3
|
 |
April 26, 2018, 03:12:52 AM |
|
thinking of buying all the bitcoin?lol as much as that is crazy?i cant say it cannot happen but i dont think bitcoin its on its peak at the moment plus there are still more waiting to be minned and a whole waiting to be added to the market and you still can't predict the price till its added to the market cap.plus many people are still waiting for the market to blow up high so the could sell there's also.and with the number i don't think one prsn cou;d invest in all.but like i said there's nothing impossible
|
|
|
|
|
|
|
|
The block chain is the main innovation of Bitcoin. It is the
first distributed timestamping system.
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
daarul50
Legendary
Offline
Activity: 1596
Merit: 1034
|
|
April 26, 2018, 07:57:55 AM |
|
if someone decided to bought up all the existing bitcoins - the price of bitcoin will increase instantly and in a week we will break through the figure of $100k
If there is someone who can buy all the bitcoin that is there then I will clap for him and I think people who buy is very greedy to want to master all the bitcoin. I find it difficult to realize the person's desire because the bitcoin holder's psychology is different and there will always be a hodler among them. |
|
|
|
|
danilic
Newbie
Offline
Activity: 217
Merit: 0
|
|
April 26, 2018, 08:35:41 AM |
|
This is a purely theoretical situation, which would be never realized in reality. And if large players began to buy bitcoin actively, the price would inevitably increase.
|
|
|
|
|
|
assyla
|
|
April 26, 2018, 08:51:55 AM |
|
Hi, I am a noob to all this bitcoin stuffs. It sounds like an interesting idea but before I invest too much into it I have
some questions and concerns. Perhaps highest on my list of concerns is the possibility that someone will buy up all,
or most, of all the bitcoins that exist.
Will it be just like the existing economic system where the rich get richer on the backs of the poor?
Will that not destroy the whole bitcoin project and make whatever bitcoins I happen to get myself worthless?
I have read a few things on this kinda stuff and some of it sounds pretty scary. I don't know how much of it
is FUD or how feasible any of it is at all at all.
Please help me understand and ease my mind in regard to this issue.
Thank you
I think it is hard to buy all existing bitcoin because as you can see bitcoin is being divided into eight decimal places which some people are having a part of bitcoin and some of them are holding it today so that I think that person will need a lot of money and effort on buying all of the existing bitcoin. |
|
|
|
Maveric99
Newbie
Offline
Activity: 144
Merit: 0
|
|
April 26, 2018, 09:16:17 AM |
|
it's gonna be awesome, I can not wait to see my 1 bitcoin value to $ 1 million. this guy will make me very rich, with the person who buys it all bitcoin will stay alive regardless of what is going on by bitcoin itself.
|
|
|
|
|
Danlopz
Newbie
Offline
Activity: 70
Merit: 0
|
|
May 03, 2018, 02:48:01 AM |
|
thinking of buying all the bitcoin?lol as much as that is crazy?i cant say it cannot happen but i dont think bitcoin its on its peak at the moment plus there are still more waiting to be minned and a whole waiting to be added to the market and you still can't predict the price till its added to the market cap.plus many people are still waiting for the market to blow up high so the could sell there's also.and with the number i don't think one prsn cou;d invest in all.but like i said there's nothing impossible
Very miraculous and unlikely, Bitcoin is not a centralized currency. Rely on market demand for virtual currency. If someone is interested in buying any existing Bitcoin and start buying anywhere, the price will go up. Currently there are more than 15 million Bitcoin available. These are not available for sale or even on the market, as they are usually stored for investment purposes and wealth accumulation. Bitcoin is sold in a very small market of total coins. |
|
|
|
|
WolkGold
Newbie
Offline
Activity: 139
Merit: 0
|
|
May 03, 2018, 03:13:17 AM |
|
Yes, I think nothing is impossible. If a coalition compromises on the mission of bitcoin miners. They will have a tremendous amount of bitcoin. But their purpose will show? buy it all and not trade, it is likely to harm the market and reduce the popularity. I think it will be difficult to do that. or the market will adjust.
|
|
|
|
|
Lamisa asfiya
Member
Offline
Activity: 242
Merit: 10
|
|
May 03, 2018, 04:04:40 PM |
|
He can not buy all the Bitcoin. If the stroke of its purchase is high and prices are up. Because no one has the capability to buy all the Bitcoin and it does not have the power to collect it from everyone. It will never be possible, because it is a digital currency that is spreading in the world.
|
|
|
|
|
|
BillyTalent
|
|
May 09, 2018, 01:53:40 PM |
|
Hi, I am a noob to all this bitcoin stuffs. It sounds like an interesting idea but before I invest too much into it I have
some questions and concerns. Perhaps highest on my list of concerns is the possibility that someone will buy up all,
or most, of all the bitcoins that exist.
Will it be just like the existing economic system where the rich get richer on the backs of the poor?
Will that not destroy the whole bitcoin project and make whatever bitcoins I happen to get myself worthless?
I have read a few things on this kinda stuff and some of it sounds pretty scary. I don't know how much of it
is FUD or how feasible any of it is at all at all.
Please help me understand and ease my mind in regard to this issue.
Thank you
Oooooh, I can hardly wait. Who is he? The price for my bitcoins will be $1 million each. This guy will make me rich. I will pay good money to know who he is. |
|
|
|
|
waqasanwar95
Newbie
Offline
Activity: 56
Merit: 0
|
|
May 09, 2018, 02:27:48 PM |
|
its not possible no one can buy all bitcoins but in case if its done then He is the legend and all bitcoin world will be in his control
|
|
|
|
|
ICODA
Copper Member
Newbie
Offline
Activity: 133
Merit: 0
|
|
May 09, 2018, 02:29:34 PM |
|
What an interesting view))
|
|
|
|
|
12tribes
Member
Offline
Activity: 378
Merit: 11
|
|
May 09, 2018, 02:31:48 PM |
|
That's not possible. What if questions should be realistic and not theoretical. Many blocks remain to be mined and the market is now down. there will be a way to mine some of it and continually find a way to create new assets. that's not gonna happen.
|
|
|
|
|
Gudhal Untu
|
|
May 09, 2018, 03:02:40 PM |
|
Of course this will make the price skyrocket in a short time, but I'm sure this will just make other people hold so bitcoin value is not controlled, I'm sure that this can happen anytime so we should always hold bitcoin.
|
|
|
|
|
aljun107
Member
Offline
Activity: 63
Merit: 10
|
|
May 09, 2018, 05:45:38 PM |
|
That thing is really impossible since the amount of bitcoin existing is millions and each of the bitcoin costs about $9000 now so it would require a lot of money just to buy all of it. And what will he do if he bought all of it? I mean holding it for yourself will not really circulate at all so there will be no change in value.
|
|
|
|
ICODA
Copper Member
Newbie
Offline
Activity: 133
Merit: 0
|
|
May 11, 2018, 02:23:58 PM |
|
That thing is really impossible since the amount of bitcoin existing is millions and each of the bitcoin costs about $9000 now so it would require a lot of money just to buy all of it. And what will he do if he bought all of it? I mean holding it for yourself will not really circulate at all so there will be no change in value.
Totally agree with you. If nobody will have it except one person there will be no point to hold it. |
|
|
|
|
|
atamat
|
|
May 18, 2018, 03:29:41 PM |
|
Hi, I am a noob to all this bitcoin stuffs. It sounds like an interesting idea but before I invest too much into it I have
some questions and concerns. Perhaps highest on my list of concerns is the possibility that someone will buy up all,
or most, of all the bitcoins that exist.
Will it be just like the existing economic system where the rich get richer on the backs of the poor?
Will that not destroy the whole bitcoin project and make whatever bitcoins I happen to get myself worthless?
I have read a few things on this kinda stuff and some of it sounds pretty scary. I don't know how much of it
is FUD or how feasible any of it is at all at all.
Please help me understand and ease my mind in regard to this issue.
Thank you
One can buy the entire bitcoin if each and every user sell the bitcoin. In reality it's not at all possible for a single user to have the entire bitcoin. Based on the fact it's not required to think about an user holding the entire existing bitcoin and make it go valueless. |
|
|
|
|
samvel86
Newbie
Offline
Activity: 294
Merit: 0
|
|
May 22, 2018, 04:16:27 PM |
|
Hello everyone, First of all I want to tell You that I think it's not possible to buy all bitcoins by someone. Because I don't know a person in the world who have so much money. And there is no need to make that step. Lets imagine what will happen, if someone will? What will he or she do with that? And many questions like this that no one can answer.
So I think it can't be in our reality.
|
|
|
|
|
KuyaBreezy
Member
Offline
Activity: 504
Merit: 10
ONe Social Network.
|
|
May 22, 2018, 04:39:59 PM |
|
I don't think if its even possible for someone to buy the whole bitcoin tokens, that person must be rich but if it does happen, the value of the coin will rocket as there will be scarcity n terms of supply, it will almost be impossible to get them as there will only be a sole source of supply who dictates the value of the coin
|
|
|
|
ShiroThe5th
Member
Offline
Activity: 168
Merit: 10
|
|
May 22, 2018, 04:47:54 PM |
|
I guess and think it will cant easily buy every existing bitcoin. First is the only people can possibly buy everything is Bill Gates because he is the richest person, but bill gates also cant buy all the existing bitcoin. Simply because bitcoin around the world maybe has a total of trilion dolars. And you must first beat bill gates before you gain that money.
|
|
|
|
|
|
mabell943
|
|
May 24, 2018, 07:26:33 PM |
|
If that someone bought up at all the existing coin I can say she or he is belong to the rich family because she or he can spend and afford to buy all that although it is impossible to happen and if she or he buy it then i think she or he now multi billionaire or that word is not enough to describe her or him because she or he try to own this business by buying all existing coins.
|
|
|
|
|
|
