There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again
If someone or any financial institutions plan to invest in bitcoin and they have the audacious plan to purchase 25% of the global bitcoin supply they will not bother the price fluctuation of thousand or two thousand dollars to invest in it, their plan is to hold for the long term when the price of bitcoin crosses over a million dollar or reach their target and even if they invest billions of dollars at this point in the bitcoin market the price would increase and could cross $50 K per bitcoin. 
Topic: Billionaire wants to buy 25% of the bitcoin supply - page 2. (Read 10988 times)
LOL, I can't really think of a reason why one would buy a 25% of bitcoin in its supply when in fact bitcoin adaptation is not yet establish and that is a huge number of bitcoins so how one could utilize the number of bitcoins to be bought?
Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.
Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.
Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.
Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.
For a billionaire, I don't think he would have to launder his wealth he can pay his taxes but having move his wealth to bitcoin, he could make it to 100X and can hide how much btc he got which he may not have to pay taxes soon. Maybe the billonaire is also just preparing for the future, he knows cryptocurrency is getting attention and its technology are now being developed by huge companies. BTC is his investment.
I always wonder something close, not 25% at this current stage but when the first bitcoin started and the first million bitcoins were mined, what if I got like 100 thousand bitcoins all at once instead of putting that in the market and making people get some of it like it was normally done.
People got bitcoins they mined it, they traded it, they basically used it but instead of that I would have owned and just put it on my wallet. What would have happened? Would I basically kill the market all by myself since there was less bitcoins on the market and it would be harder to acquire which would send people away from it or would it be more valuable and got higher in price quicker since there was even more limited amounts of it?
Plus, would I do something with it or just hold it forever? What would I do if I had 10% of all bitcoins? I can't just sell it right away since that would ruin the market. It is always a tricky thing to control a big portion of a finite resource.
People got bitcoins they mined it, they traded it, they basically used it but instead of that I would have owned and just put it on my wallet. What would have happened? Would I basically kill the market all by myself since there was less bitcoins on the market and it would be harder to acquire which would send people away from it or would it be more valuable and got higher in price quicker since there was even more limited amounts of it?
Plus, would I do something with it or just hold it forever? What would I do if I had 10% of all bitcoins? I can't just sell it right away since that would ruin the market. It is always a tricky thing to control a big portion of a finite resource.
LOL, I can't really think of a reason why one would buy a 25% of bitcoin in its supply when in fact bitcoin adaptation is not yet establish and that is a huge number of bitcoins so how one could utilize the number of bitcoins to be bought?
Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.
Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.
Hmmm..If OP is right then money laundering with his friends using the anonymity feature will really do and being advantage for a bitcoin holder.
Or maybe that billioner has plan something and wish to know more about it. It is vert interesting to know on how or why he likes to buy 25% of bitcoin supply.
There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again
This is actually big, though its good to have more investors but if they plan to get bitcoin for a total of 25% of the supply, then they are a big whale and they can now manipulate the price. Yes, every correction will end and right now if there’s a more demand we will see the price to recover, it will pump and hopefully go for more. @WinslowIII. This might be mentioned before, however bitcoin's economy can also become a stagnant oblivion if the holders continue to hold all of their coins without spending them.
All the holders will not hold their coins at the same time and it is not possible for that to happen but if majority are holding there is no way it will not grow. Remember that whenever we sell bitcoin, fund is flowing out of it but when we hold most time, fund will be flowing into it. The reality is that, if we keep holding till when big buyers come into the market we would be able to sell to them at the high price. No, you hold as the big buyers come in, and keep holding, and once the dozens or hundreds of millions of little guys that pile in afterwards because of FOMO come in, then you sell to THEM.
@WinslowIII. This might be mentioned before, however bitcoin's economy can also become a stagnant oblivion if the holders continue to hold all of their coins without spending them.
All the holders will not hold their coins at the same time and it is not possible for that to happen but if majority are holding there is no way it will not grow. Remember that whenever we sell bitcoin, fund is flowing out of it but when we hold most time, fund will be flowing into it. The reality is that, if we keep holding till when big buyers come into the market we would be able to sell to them at the high price. They are definitely super rich and majority of them will not reveal their entire wealth and so is the reason you wont see them feature any Arabs in the worlds richest list , what if the super rich Arabs will come together and make a consortium to take over the entire market, the oil industry is drying up and they will need something else to rule the world and they might have seen bitcoin as the future of trade and commerce.
Where people go wrong is that they think billionaires being worth $10-$20 billion have that much in actual cash, which by far isn't true at all. The majority of this wealth consists of stocks, options, etc.I doubt many of the super billionaire elite have even $1 billion on their bank account. Cash is worth more than their wealth sitting in stocks and whatnot, so they'll think twice before investing it in Bitcoin or any other risky asset.
Can billionaires team up and buy a large chunk of the supply? They surely can, but at one point there will be conflicts of interest driving them apart. Overall, it's a juicy conspiracy theory, but I doubt it's going to happen.
There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again
It will bounce back to another high, if you have enough money to invest buying will be profitable, interest from big whales already been showingthere's big names and players who already eyeing to make a move to invest in, for sure businesses will follow to trend and push everything up.
There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again
The price will be rise again, and I see there is a sign in the market that the price wants to increase if you take a look at the market, the price increases than yesterday, so we have a chance to see it will back to $8000 again. I think this time, the billionaire won't let the chance to buy bitcoin at a low price because they will always want to get bitcoin at a low price.
I know these dudes are definitely rich, that saying "rich" even undermines how much wealth they actually have, but I don't think they can even buy 25% of the total supply. Even if they buy it all through OTC through multiple entities, it's going to pump up the price too high I think. Correct me if I'm wrong.
They are definitely super rich and majority of them will not reveal their entire wealth and so is the reason you wont see them feature any Arabs in the worlds richest list , what if the super rich Arabs will come together and make a consortium to take over the entire market, the oil industry is drying up and they will need something else to rule the world and they might have seen bitcoin as the future of trade and commerce. If they are planning to get 25% of the entire market then the prediction of John McAfee will be true in the coming years 
. 
What could you gain from having 25% of all bitcoins? I mean I think this is totally PR move and marketing purposes by the company to say "we are so big that we have customers who are filthy rich and wants to buy 25% of all bitcoins so come work with us" and so forth however they are missing the point that even if you are super rich, like Jeff Bezos type of rich but all liquid, you have 100 billion dollars all on your bank account, it would still not make any sense to get 25% of all bitcoins, how would you use it, what could it be used for? How could anyone gain any advantage for having that much bitcoin? You are literally ruining the market all by yourself which means you are not getting any richer and a bad investment, so the whole idea is moronic
There is another question
That is, how are they going to buy so many bitcoins in the first place? Okay, you have 100 billion dollars as a change or pocket money (or whatever) and want to buy as many bitcoins as you can potentially buy. You assume you will be able to buy 25% of all bitcoins but you will fail for at least two reasons. First, there is only a small fraction of bitcoins in circulation today and even if this amount is anywhere close to 25%, your buying spree will cause the price to surge so high that you will feel like a church mouse dwarfed by the market explosive growth (read, no money can buy all bitcoins or even just 25%)
The good is that this will help the price of bitcoin to recover and increase more .
The bad is that the supply of bitcoin will now be lessen again . i hear that there will be some problems when btc supply have all mined out .
@op idk why you consider it as a money launder . as long as those investors deal with kyc's , i think its legal . its only upt to them on what use they will prefer in thier btc .
The bad is that the supply of bitcoin will now be lessen again . i hear that there will be some problems when btc supply have all mined out .
@op idk why you consider it as a money launder . as long as those investors deal with kyc's , i think its legal . its only upt to them on what use they will prefer in thier btc .
this news not real ... they want pump prices with their fake news . because no one can own 25 percent of bitcoin supply without high risk
But no one will take this news seriously, they know it's just one of the article in the market to pump bitcoin, but people does not easily buy this kind of news now, there is no reliable source and the mission to buy that big is almost impossible.
What could you gain from having 25% of all bitcoins? I mean I think this is totally PR move and marketing purposes by the company to say "we are so big that we have customers who are filthy rich and wants to buy 25% of all bitcoins so come work with us" and so forth however they are missing the point that even if you are super rich, like Jeff Bezos type of rich but all liquid, you have 100 billion dollars all on your bank account, it would still not make any sense to get 25% of all bitcoins, how would you use it, what could it be used for? How could anyone gain any advantage for having that much bitcoin? You are literally ruining the market all by yourself which means you are not getting any richer and a bad investment, so the whole idea is moronic.
There is no better chance than now if they want to buy up a quarter of the bitcoin supply. The price went down for a short while but there is no way it will stay that way for long, too much demand from other whales will bounce it back up again
this news not real ... they want pump prices with their fake news . because no one can own 25 percent of bitcoin supply without high risk
But no one will take this news seriously, they know it's just one of the article in the market to pump bitcoin, but people does not easily buy this kind of news now, there is no reliable source and the mission to buy that big is almost impossible. 
@magneto. Agreed. Also, where will the broker find sellers to total 25% of the supply? I reckon an ETF issued by a very reputable institution must be approved this year. Bitcoin derivatives is their only chance to invest billions into bitcoin.
Quote
"One of our clients approached us and said they were interested in acquiring 25% of all bitcoin currently available," Dadiani said. "There are a number of entities who want to dominate the market."
These are all claims. Nothing solid. I wouldn't recommend basing off your fundamental analysis through rumours like this.
Anyways, if he were to purchase that much of bitcoin's supply, he'd run into a lot of issues. He probably won't be able to obtain funds from the OTC market in that magnitude.
And if he buys it through the open market, he'd rally up the price so much that his cost per unit will be significant compared to before he started buying them up. The BTC market is simply not this manipulable anymore, given its higher market cap, wider distribution, and a more mature market.
Then they should do it, and hold it so the supply will reduce.
I don't know if that is serious or not, but if it is serious and they want to buy that huge supply, it's only helpful if they will not use it to manipulate the market. But those people who are vocal, cannot be really trusted, if they want to buy and they are serious, they do it in silence.
Manipulation is inevitable specially if they do hold up 25% of the supply then theres no doubt that this would turns out to be a centralized one.I don't know if that is serious or not, but if it is serious and they want to buy that huge supply, it's only helpful if they will not use it to manipulate the market. But those people who are vocal, cannot be really trusted, if they want to buy and they are serious, they do it in silence.
Where there are people who hold big portion of the entire numbers of btc available so this wont look appealing at all and also
they are not doing this thing for the sake of entertainment or nothing but no doubt it do always target out on making even more money.
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