Topic: If Whale hoards bitcoin, will the market run out of BTC to buy? (Read 638 times)

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

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

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.

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.

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.

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

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.

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.

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).

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.

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.

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.

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.

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.

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

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

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.

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. 

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.

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. 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.

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.


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

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.