Topic: If Whale hoards bitcoin, will the market run out of BTC to buy? - page 4. (Read 638 times)

I don't think it would be possible that we'll run out of bitcoin after having too many whales buying it. Bitcoin circulates continuously and no matter how down the market is, someone will still be willing to sell. Regardless of the quantity of whales and the how much bitcoin they bought, it is very impossible that we'll run out of bitcoin. Also, even though bitcoin's quantity is limited, it would be too expensive to buy all of it. No one in their right mind would think about doing so. The dip is an opportunity we should not miss so buy while the value of bitcoin is still low or lose the chance.

There is no such thing happening in the future I believe. Because there is a balance in this market. While there are people who buy a lot of BTC, there are also many people who are selling their BTC. In this situation, it is not possible to see that we run out of BTC to buy.

if demand remains as it is today, there will be scarcity in the market and prices will rise high. the rarer bitcoin the higher the price. maybe if that happens, just having a few satosi can make you rich.

That's a clever approach!!!

This is what evryone should fear! If this become a strategy do vanish Bitcoin, the world will loose the golden opportunity of a real and significant economic revolution!

The big ones, greater than the whales, surely have already thought maliciously on this!

So, the mass now has to buy Bitcoin as much as possible to avoid this possible and probable monopoly!!!

Decentralization is the key!!!

- At such a high and profitable price, people will literally line up to sell the bitcoins they are storing, the whales' accumulation scheme will turn out to be detrimental to the whales, the suffocation with the volume of transactions being sold is very high and sometimes the market will no longer want to buy as soon as whales want to sell. Whales are forced to let the volume of transactions be circulated at the buying and selling ends, the market will always have bitcoin to buy but the important thing is we will buy at the price the whale wants

Because those whales are also moving and continue shaking the market, they are good in playing with emotions.

Whales not just hoarding but also doing their best and capabilities to attract actions within the market, if you want not to lose your investment make sure to keep thm on track, this will allow you ride in with the right train and gives you opportunities to earn in the short run.

The BTC protocol will pay the miners though transaction fee. There's will always be a market for buyers & sellers.There will always be Centralized exchanges offering customers 5-6% APY on BTC deposits.
When BTC does hit 1m / holders of will be able to take 4-5% or 5k - 6k monthly and live of the interest.Also I heard that BTC will have smart contract coming future so lot of BtC will be locked up in Defi .I only have a small amount of bitcoin right now, but I plan to buy more in the future.

This shouldn't seem like a problem if you're not one of those people who believe that 95% of the total Bitcoin supply is concentrated in hands of few people. But even in that perspective, if we're talking about whales that hold more than 1,000 BTC, there still will be many of them with a total supply of $21m, and they simply can't all hold forever. But actually, Bitcoin is much more distributed, too many people are in the game now, so this scenario is impossible.

Bitcoin will always be in circulation, even if there are very big buyers like the ones you talk about, there is no point for any of them to just hold forever, because in such a case the price wouldn't change and everything will just freeze, they want for this system to run too.

If they hoard, wouldn't the prices stop going up at some point because there is a limited bitcoin supply and cutting off the supply via hoarding will make the prices go up for awhile and then the prices will stagnate, I am pretty sure that that's what's going to happen. Also, it's all just a theory because there is no one person or organization that will be able to buy everything in the supply and hoard it. It's plain cumbersome if not impossible.

You can imagine Tesla still ranking amongst the top 5th after all these chaos Elon Musk brought to the crypto space. Tesla remains second according to the statistics above which means somehow, they are still picking every sat they could fine drop those selling due to the FUD being promoted in the market.

Anyway, liquidity is a no question with bitcoin, its one thing its got in surplus and won't be a problem even if the whales choose to hodl for a while. With bitcoin having an optimum number, it is an indication that, its value is yet to reach its pick. With scarcity come valuation, it won't go out of the market, it would only add value.

No Bitcoin to buy? That is quite unimaginable, OP.
When that is almost happening, the price could have been way higher than imagined right now and people would consider selling their Bitcoins at that point.

The fewer coins available to buy on exchanges, the higher the price. I don’t think there's going to be a total lack of available coins until the dollar totally collapses any way.

That's possible. I remember during the very bullish time a few months ago that exchanges like eToro made an announcement that they're limiting their users the quantity for buying bitcoin. The reason is they don't have much supply left and that's really possible to happen in the future.
But I think these exchanges can adjust on it, if the whales are wanting to buy more bitcoins, they're also wanting it to be liquid but they'll only do that in profit.

Yes, many companies are indeed buying bitcoin nowadays, their list is available below.

#	Company Name		Total Bitcoin
1	MicroStrategy Inc.		92,079
2	Tesla		48,000
3	Galaxy Digital Holdings		16,402
4	Square Inc.		8,027
5	Marathon Patent Group		4,813
6	Hut 8 Mining Corp		2,851
7	NEXON Co Ltd		1,717
8	Voyager Digital LTD		1,239
9	Riot Blockchain, Inc.		1,175
10	Aker ASA (Seetee AS)		1,170
11	Meitu		940
12	Coin Citadel Inc		513
13	Cypherpunk Holdings Inc		350
14	Advanced Bitcoin Technologies AG		254
15	BIGG Digital Assets Inc.		239
16	Cypherpunk Holdings Inc.		235
17	DigitalX		215
18	Hive Blockchain		211
19	Fortress Blockchain		163
20	The Brooker Group		122
21	Mode Global Holdings		85
22	Neptune Digital Assets Corp.		75
23	FRMO Corp.		63
24	Mogo Inc.		18

source

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I would say that the way you and I are buying bitcoin so that we can get a good profit after holding some months or year. In the same way, companies also buy bitcoin so that they can get profit by selling it at a high price.

Example MicroStrategy had bought bitcoin for $29k and now want to sell it at $39k because MicroStrategy getting a good profit. Now Tesla buys these Bitcoin from MicroStrategy but will sell them for $50k

you must have seen that the micro strategy bought cheap and sold at a high price and And Tesla is trying to sell the bitcoin more expensive than the price at which it was bought. So bitcoin will always be in the market for trading. yes, its price will go up... And that's what we all want 

If there are buyers in the market but no seller (which I think is impossible), significant price pump will be there and most probably that's the time when fiat will collapse but I don't think we are going to see this soon. Still people buy bitcoin for the purpose of having a great investment profit, not for the fear of fiat getting collapsed.
It would be more interesting to see this thread on economics board.

Assume that Bitcoin eventually (perhaps in the near future?) reaches $100,000 per bitcoin.

21 million bitcoins times $100,000 per bitcoin is $2.1 TRILLION dollars.

The richest man in the world right now has less than $200 BILLION dollars in total net worth.

It would require more than 10 of the richest people in the world to all hold 100% of their net worth entirely in Bitcoin (unlikely).

If any of those "whales" want to diversify into precious metals, or agriculture, or real estate, or business ownership, or stocks and bonds, or fine art, or any other investment, they'll need to sell or spend some of that bitcoin.  If they want to purchase a vacation home, or a yacht, or a jet, or a luxury car, they'll need to either sell or spend some of that bitcoin.  When it comes time to pay taxes, they'll need to sell some of that bitcoin.

Furthermore, I won't be willing to sell all of my bitcoin at $100,000.  Therefore, the whales won't be able to get their hands on all of my bitcoin unless they pay a LOT more.  There are a lot of HODLers that feel the same.  As such, the whales will need to push the price a lot higher to get their hands on more and more bitcoin.

At $1,000,000 per bitcoin, a non-whale can still buy $100 worth of bitcoin for $100 (plus a small transaction fee). They can still spend that $100 worth of bitcoin on $100 worth of products and services. However, for a whale to acquire a larger percentage of the total bitcoin in circulation they need to spend a LOT more money.  The larger percentage they try to hold, the more expensive it gets for them to substantially increase that percentage.

The market currently isn't representative to what I expect it to be closer to the limit of Bitcoins being released. Currently, we have a very investor, and speculator heavy user base, due to the quite obvious draws that a volatile market brings. However, over time you'd probably expect Bitcoin to be used more as a currency or a reserve than a investment opportunity.

So, while the market reacts quite heavily to whales moving coins now, I expect this  to be less so in the future. 

yes, the bitcoins will run out and we will all be very sad



a big party (whales only).


if people were smart, they would increase their asking price when whales start buying, but how do you know it's a whale buying, and not a mackerel? because of this, whales will buy all bitcoins, and mackerels will accidentally sell everything they have to whales.

checkmate bitcoin! whales win, you lose!

There will always be people who want to sell and/or have to sell, those people could
be average people or indeed whales.

Bitcoin is deflationary, the supply to the market is decreasing every 4 years,
next HALVING is less than 3 years away in 2024, so mining rewards are reduced
from 900 every 24 hours to 450 this in theory would suggest that the simple rule of
Supply and Demand would mean that ..."the market run out of BTC to buy"
but as above there will always be sellers (and buyers)

There's no such  thing all whales will buy the whole supply since they also need buyers to accumulate their profits, Imagine if they do that we cannot see a healthy movement of bitcoin also bitcoin is based on supply and demand so for sure there's no hoarding of all supply will happen and if there is provably we can see only a little percentage on bitcoins.

But I also  believe that if whales will hold for a while we can see a temporary pump from it since it can lessen the stress from selling.