There are 18 million BTC in circulation right now and rumors are that many of them are lost forever (due to loss to keys and cant be recover ever). There is not a single whale in BTC market, there are scores of whales along with sharks (small investors). To create scarcity of bitcoin all whales must agree on HODLing btc, which is something very unlikely.
As already mentioned here, deals like buying 100,000 BTC happens once in a while not daily.
Topic: If Whale hoards bitcoin, will the market run out of BTC to buy? - page 2. (Read 638 times)
September 11, 2021, 12:44:52 PM
September 11, 2021, 12:36:15 PM
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?
I think it can happen if bitcoin holders don't want to sell their bitcoins and hold them long term.
if the market runs out of bitcoin then buyers and sellers will turn to altcoins to trade, this will make bitcoin meaningless because investors have held bitcoin for a very long time so traders and buyers hate bitcoin.
Yes..I completely agreed with you.
September 11, 2021, 11:22:46 AM
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?
I think it can happen if bitcoin holders don't want to sell their bitcoins and hold them long term.
if the market runs out of bitcoin then buyers and sellers will turn to altcoins to trade, this will make bitcoin meaningless because investors have held bitcoin for a very long time so traders and buyers hate bitcoin.
September 11, 2021, 06:35:10 AM
I don't think that we will ever witness such thing happening. Whales can hoard their Bitcoins whatever amount they would like. They will sell at some point in the end. And they can't have all Bitcoins circulating also. Normal people will always be free to buy whatever amount of Bitcoin they would like. And there are not too many people who own more than 100 BTC and 1000 BTC now. I believe that most of them are HODLers from the old times. Considering the current price and the price that Bitcoin can reach in the future, there won't be many people who can buy a great amount of Bitcoin also.
September 11, 2021, 05:53:09 AM
Don't worry too much. Miners generate one Bitcoin every 10 minutes on average every day. Miners will sell some or all of their Bitcoins to pay the fees for their Bitcoin mining.
Addresses in the past that have stored Bitcoins will sell for a profit. People who need money will sell their Bitcoins for FIAT.
Some traders will sell their Bitcoins.
So there's no way sharks take all the market's Bitcoins.
Addresses in the past that have stored Bitcoins will sell for a profit. People who need money will sell their Bitcoins for FIAT.
Some traders will sell their Bitcoins.
So there's no way sharks take all the market's Bitcoins.
September 11, 2021, 02:51:07 AM
Giant whales want to make money through market fluctuations. They don't want to hoard all their money in Bitcoin without any operation.
The operation of whales will have an impact on the market. Many people will stare at the operation of the giant whale.
The operation of whales will have an impact on the market. Many people will stare at the operation of the giant whale.
September 10, 2021, 08:27:26 AM
Basically their whales play scenarios just to manipulate the market, so they don't want to be in the market for too long and usually they will wait for the right moment when they want to buy and then sell it back when the market value is at its peak and after selling the asset, the whale will be reluctant entered the market at the same price, so I don't think they plan on hoarding bitcoins for long.
it's true as you said, the whales just want to cheat the market, they just want to mess up the market, so the price can go down, then they take the opportunity, to buy bitcoin, two months later they will post positive things about bitcoin, and the bitcoin price is back up, then they will sell all their bitcoins, actually that's the game of the whales, they have never hoarded bitcoins for a long time.. 
September 10, 2021, 08:22:39 AM
and if buried forever means the supply of bitcoin in circulation is reduced, and this can increase the price. For whales, of course, holding bitcoin is a business, so it's true that after they feel that the profit is maximum, they sell their assets, and the market experiences an anticlimactic. in the end they will wait for bitcoin to experience a price correction and start buying it back. I think this cycle will always exist
The cycle will always be the same and we as traders who only have minimal capital can only follow the whales. Some strategies whales use to continue to make a profit.Price fluctuations really come into play because they have a huge amount of money to influence the market price. If the supply of bitcoins is running out and can't be added again, then bitcoins will be increasingly scarce and more expensive.
September 10, 2021, 03:02:35 AM
Whales have their own strategies, usually they are also coordinated and manipulative to make other traders mentally down. Whales will not always hoard bitcoin, they will sell it when they get a lot of profit and are on target.
Bitcoin still has a stockpile that has not yet been mined. Some bitcoins that whales are hoarding and can't open are likely to be buried forever.
and if buried forever means the supply of bitcoin in circulation is reduced, and this can increase the price. For whales, of course, holding bitcoin is a business, so it's true that after they feel that the profit is maximum, they sell their assets, and the market experiences an anticlimactic. in the end they will wait for bitcoin to experience a price correction and start buying it back. I think this cycle will always exist Bitcoin still has a stockpile that has not yet been mined. Some bitcoins that whales are hoarding and can't open are likely to be buried forever.
September 10, 2021, 02:15:30 AM
I still feel you are thinking way ahead, yes there is a chance of companies or individuals holding maximum no of BTC. But they are holding it for a reason right? And the reason is for profit. The asset would be obsolete for them if they never sell it for profit . So I don't think people would ever run out of BTC, there is a reason why there is a limited supply and that is why BTC has become so valuable.
September 09, 2021, 11:08:37 AM
Whales have their own strategies, usually they are also coordinated and manipulative to make other traders mentally down. Whales will not always hoard bitcoin, they will sell it when they get a lot of profit and are on target.
Bitcoin still has a stockpile that has not yet been mined. Some bitcoins that whales are hoarding and can't open are likely to be buried forever.
Bitcoin still has a stockpile that has not yet been mined. Some bitcoins that whales are hoarding and can't open are likely to be buried forever.
hero member
Activity: 2912
Merit: 541
Leading Crypto Sports Betting & Casino Platform
September 09, 2021, 10:40:41 AM
if whales hoard bitcoins, I'm sure they won't lose bitcoins to buy, because no whales dare to hoard bitcoins for a long time, they will definitely sell back the bitcoins they hoard, because they also have other businesses, which require a lot of money, so we don't have to panic, even if they hoard bitcoin, I'm sure they won't keep it for a long time..
If that whales have a lot of bitcoin and have other businesses, they will not sell their bitcoin if they do not want to sell it. Maybe they will sell their bitcoin when the price increase more than $100,000 or something like that so they can enjoy their big profit by celebrating with their friends. The whales always know what they will do with their bitcoin and hoard bitcoin for a long time. September 09, 2021, 10:11:48 AM
if whales hoard bitcoins, I'm sure they won't lose bitcoins to buy, because no whales dare to hoard bitcoins for a long time, they will definitely sell back the bitcoins they hoard, because they also have other businesses, which require a lot of money, so we don't have to panic, even if they hoard bitcoin, I'm sure they won't keep it for a long time..
September 09, 2021, 10:01:35 AM
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?
In case it is really happen, maybe yes, because there are no people who sell it anymore and 1 wallet is the holder. But we only imagine if it is really happen, because bitcoin is not only from market, miner and any other place that use bitcoin will made it really hard to be controlled by 1 person or maybe company. That is why bitcoin is decentralized because it is uncontrollable. 
September 09, 2021, 10:00:44 AM
even though the whales hoard bitcoins, I'm sure the market won't run out of bitcoins,, because no matter how long they try to hoard bitcoins, I'm pretty sure they will resell it, it's impossible for whales to hoard bitcoins for a long time, because they also need a lot of money , to manage other businesses..
Yes, hoarding is just a way to wait for demand to increase and once the demand is in line with their predictions, we will be the potential customers as well as the audience they turn to consulting and selling their bitcoin, which will certainly be very expensive. Besides, bitcoin is not the only player in the crypto market, other crypto assets also need capital and need buyers, whales also love to bathe in these rivers when in the great ocean, have too many companions while in small rivers they are the rulers of an area and have ultimate powers September 09, 2021, 09:43:40 AM
They will have to starve and they will not be making a lot of money if they plan to hoard bitcoin and I don't think that whales are thinking the same so I don't think that not all of them will be hoarding plus it's an impossible task, there's only so much bitcoin they can buy.
September 09, 2021, 09:28:02 AM
It would be almost impossible for whales to hoard all the Bitcoins. As of now, the last Bitcoins will be generated in 2140, which means Bitcoin will have evolved incredibly and even now, groups are trying to be the richest Bitcoin holders, but they are extremely far from holding too much for others to have none.
September 09, 2021, 09:04:28 AM
even though the whales hoard bitcoins, I'm sure the market won't run out of bitcoins,, because no matter how long they try to hoard bitcoins, I'm pretty sure they will resell it, it's impossible for whales to hoard bitcoins for a long time, because they also need a lot of money , to manage other businesses..
September 09, 2021, 09:00:06 AM
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?
Every time you buy, the market price goes up. No matter how rich you are, there is no such thing a s a single order suddenly getting all the available coins instantly.
Therefore, the whale will always run out of funds because of their own action. So no, this cannot happen, even if they band together and try, they simply cannot buy all the remaining bitcoins. Besides, most bitcoins are being kept as savings ("hodl"), only a minor amount is in the market.
This is also the same reason why printing money to buy all bitcoin is not possible, it will simply crash whatever fiat is used for that.
I hope you now understand one of the reasons bitcoin is so valuable to their holders...
September 09, 2021, 08:56:30 AM
I don't see there ever being a chance where bitcoin becomes impossible to find or buy. Bitcoin was set up so that you could break it down to a tiny fraction of a coin and I believe that is exactly the kind of thing that will keep bitcoin available to the masses regardless of how many whales/billionaires try and "corner the market" so to speak.
Jump to: