At least you know its impossible. Now let's go with the if
If it does happens there would be no liquidity thus no volatility.
Speculative derivative could still be traded and this might lead to volatility.
Depends on the people view of Bitcoin then
If it's still a necessity the value would increase and if it becomes something they can deal without then the value would reduce.
Again is not possible, Even if everybody chooses to sell there are some Bitcoin that would still remain lost.
Topic: A deep thought - page 2. (Read 303 times)
Some altcoins might end up beginning to become powerful since there will be no demand or supply for Bitcoin. Bitcoin will also lose its decentralized status if an entity owns all of it. I guess many people will lose interest in acquiring it even when such individuals want to sell.
Yeah possibly, Litecoin is the closest coin to Bitcoin, Monero is still Monero, public have bad perspective over Monero due to FUDs created by he government. That would be interesting if people who're used to be Bitcoin maximalist, but they will be the one who ask people to abandon Bitcoin and move to Litecoin.Many users said as Bitcoin gets older and the market cap is high, Bitcoin will be much more stable in the future. But, if this situation happen in the future, it seems the volatility will still be high.
Even if this is impossible, just give it a deep thought.
So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
Bitcoin value is determined by the market forces of demand and supply. If one entity acquires all the Bitcoin which is impossible, the value of the coin might skyrocket at first. But if the entity refuses to sell the coin over a period of time people might decide to seek another store of value. Some altcoins might end up beginning to become powerful since there will be no demand or supply for Bitcoin. Bitcoin will also lose its decentralized status if an entity owns all of it. I guess many people will lose interest in acquiring it even when such individuals want to sell.
I would also be quick to remind you that all 21 million bitcoins would be mined at approximately 2140. So the person cannot buy Bitcoin that's not mined yet.
They can not buy all existing bitcoin because a big condition is all current bitcoin holders have to sell bitcoins on the market like OTC or Spot market. They fortunately can buy all future bitcoins like MicroStrategy and many Bitcoin Spot ETFs seriously bought Bitcoin after Bitcoin ETF approvals in January 2024. In some weeks, they bought all newly mined bitcoins and I believe that in future, it will become normal because the market will attract more new participants to join it.If you have bitcoins now, you are early buyers and holders. The rest is challenging for you, like whether you can hold your bitcoin, than sell it to later investors, to MicroStrategy, to Bitcoin Spot ETFs.
Even if this is impossible, just give it a deep thought.
So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
Firstly Bitcoin is a decentralized scheme, giving multiple people ownership of their own accumulated coins. Bitcoin is community driven, hence nobody could purchase all bitcoins for himself, How would he convince every existing holder to sell to him? So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
There's no monopoly of purchase in Bitcoin, you only buy as much as is available or as much as your funds can buy. I would also be quick to remind you that all 21 million bitcoins would be mined at approximately 2140. So the person cannot buy Bitcoin that's not mined yet.
It's just not possible since it would defeat the main aim of decentralization, being the fact that one person now owns every Bitcoin. It would centralize Bitcoin which cannot be possible.
Your deep thought is not achievable, just snap out of it.
Even if this is impossible, just give it a deep thought.
So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
So what if a particular entity or sole individual decides to purchase the total number of Bitcoins in the blockchain and jus hodl, would it still be potentially volatile to perform increase of price or does still have the potential for store or values?
While having a deep thought of this, you can just exempt the costly expenses that might be too much for an entity to afford and just focus on the nature of possiblity on what would be the valuability potential of bitcoin then if it could be realistic.
Just a deep thought please.
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