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.

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.

Yes..I completely agreed with you.

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.

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.

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.

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.

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..

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.

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

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.

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.

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.

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..

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.

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

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.

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.

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..

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...

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. 

They were hoarding huge numbers of BTC for a reason and that is to earn profits. Whales who hold the majority of BTC in circulation will eventually sell their holdings of BTC but not 100% of it to take profit because it's all about money. So I doubt that no one will sell their BTC when the price is so high and no one will choose to hold when the opportunity to earn more than they invest is in front of them. What will happened would be people like them will sell their BTC at peak price and traders will follow.

Whales just want to make money, they have no reason to keep hoarding Bitcoin. The big change in the price of Bitcoin is due to the operation of whales. If they want to make a profit, then they have to sell or buy.

Yep, the possibility will be pumping the price or making the price freefall. With very rare Bitcoin in the market, people will be not interested anymore to invest or trade Bitcoin. To make crypto market is healthy, should be always a sufficient number of Bitcoin to trade. When the circulating supply becomes worse, I guess the market can't survive properly.

And they will have the whole market only to themselves, rendering their coins useless since they can only buy and sell stuff with each other and other parties who want to enter the market with cash will be unable to do so. Coins will never run out in the market as these entities (whales) will be forced to sell coins at some point in time in order to have funds for some other ventures they may have.

The Whales that op thinks are holding Bitcoin are not really holding it the way we thinks. There is a certain volume of Bitcoin that needs to be transact inside a pool before the price of Bitcoin must move. Buying and selling of Bitcoin occurs every seconds which triggers both buying and selling of pools to bring about movement in the market.

The cryptocurrency market has several ways of balancing the rate of buying and selling. Even the Whales are not just holding there Bitcoins but also trading it to make exorbitant profits. The major aims of the whales is to accumulate Bitcoin for easy for easy profits when put in trading.

there are no whales who don't sell their bitcoins when the specified price is reached, the turnaround time and the market price will always be there every minute so bitcoins will always be trading and won't stop unless the market you are aiming for / you are using is repairing the server

if they buy all the bitcoins then they hoard bitcoins for a very long time, I don't think we are the problem, but the problem, because the market is not moving, and they can't open another business, because all their wealth is buried there. .

I think it can only make it to be more scarce and perhaps affect the price but there will always be some few people who will sell assuming the majority are willing to hold, even though btc is just 21 million supply in total,  it hasn't stop some whales to influence the market with the amount of btc they hold because the number of btc holders is very low compare to the supply,  let's assume 21 million people hold btc respectively, it won't be easy for one person to dump the price so easily,  but this has not been the case yet, maybe in the near future it will be.

because the stock of bitcoin is limited, and turnover must exist because of demand, bitcoin will not stop spinning, which is higher if there is a lot of demand, here the role of the whale is to determine the price at which they will release their bitcoin, so it's natural for them to hoard their bitcoin to get profit

literally, yes. but the market is not that simple. there will always be people who want to sell when something is very scarce. they will not stand still to see the big profit. that's why even though in the end the amount in circulation decreased a lot, because many were hoarding. btc will not disappear from the market. btc will always be there to trade.

To your question — No, the market will never run out of Bitcoin to buy if whales decide not to sell at all. If anything, it will make those who want to buy Bitcoin seek alternative crypto to do whatever they would've done using Bitcoin. Let me give you an example from experience. Whenever Bitcoin fees become very exorbitant, people move to stable coins to transfer to exchanges and do their transactions or withdraw from exchanges. How do you expect someone to pay $20 as withdrawal fee from an exchange for what they could pay just $1 using a stable coin. I have seen this happen and I have utilized that option myself. It's the same scenario I forsee if Bitcoin is hoarded perpetually.

Miners will always sell their bitcoins (though not all of them but for sure to sustain their operation they need to sell)

_________________________________________________________

But indeed that if whales Buy all the Bitcoin available then the situation will change and may bring drastic effect.

But wondering why they still not doing it? are they afraid of people will not support Bitcoin if this happens and they may lose everything if investors convert to altcoins and abandoned bitcoin if that moves comes to happen?

I personally think that whales may be hoarding Bitcoin, but not at the same time, because when they buy together, the price of Bitcoin will rise, when Bitcoin rises to a certain price, the whale will sell Bitcoin, so say whales They don’t keep hoarding Bitcoin because they all want to make money.

I think the whales will never hoard bitcoin for a long time, because they are also afraid of falling prices, they will definitely sell back the bitcoins they hoard, for their other business needs, even if they hoard bitcoins in the long term I think they will will not enjoy the results, because they will die, so I don't think they will ever hoard bitcoin in the long term..

I think you have forgotten his Microstrategy or Grayscale (storing bitcoins for GBTC trusts).  It's quite large (160k BTC) and in these pivotal times the unlock deadline has come, whales may be concerned about this.  But I think Grayscale will continue to buy bitcoin for the trust for the foreseeable future.  So I guess bitcoin value will continue to move forward for a long time.

If the whales hoard their bitcoin, and left nothing for other people in the market, the prices will go up but no retail investor is sane enough to buy bitcoin which ends up with the market having no circulation since whales have hoarded all the bitcoin plus it will be counter to them because they can't make money just for hoarding, they make money because they have to make big waves.

Every investor has a profit goal, even if it is a Bitcoin hoarder, if they hoard a large amount of Bitcoin but never sell it, what is the difference with hoarding air?They will all sell bitcoins at the price set in their hearts, so we never have to worry about them hoarding bitcoins, even if hoarding a large amount of bitcoins will lead to poor circulation of bitcoins, which will have a very serious impact on the price, hoarders will understand This simple truth, so we don’t have to worry about it.

We also have to understand that they have to spend a lot of money of money to hoard all the bitcoin in the current supply plus they have to continuously buy every new bitcoin added into the supply. Even if all the whales band together to buy and hoard all bitcoins, they will have a hard time doing it.

Other than Michael Saylor holding a large amount of BTC, there are few people who hold such a large amount of BTC, as well as miners working non-stop to mine money every day, will BTC ever be enough and do you think like me when you reach the target value you set you will sell it for the price you set earlier.

Usually in this case, a shortage occurs, which in turn causes even more demand, which leads to an even greater price increase. If all the BTC is mined and is in the hands of the holders, then at first its price will rise by so much, it will be profitable to sell it at a profit. Do not forget that BTC is now an asset for preserving and increasing one's wealth, which means that its price will always rise, especially after it is not enough in the market.

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

---

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.

Either the price will skyrocket or it will dump heavily because the market believes the asset is no longer has any value. I doubt it will be the latter though.

You don't really need to imagine it though, right now you can even see how the market reacts when an address that holds 1% of Bitcoin supply does some transfer. Either they celebrate or get panicked from it.

The market must move up and down for this to maintain its health, so Even whales need to sell for them to remain profiting in this market.

so with that means there is no chance that hoarding will happen constantly for years , Whales mostly are not the typical HODLERS we are talking here so they may hoard but not for a longer time.

and besides if they can do it, surely they have done that long years before but why does this not happening ? simply because they cant.

Manipulation issue is commonly talked but there are no strong proof that this is happening .

they may shaken the market but they cannot totally control the movement.

If they could Hoard it all then they would simply set up a price for it.
They wouldn't just hold it forever they bought it to gain profit,
The only downside of it is that the market is being manipulated by that hoarder if it ever happen.

At certain point, investors and speculators will have to sell their bitcoin to make a profit. So I doubt that we will run out of it. Although there are news like in December wherein exchanges are running out because there is a mad rush, more demand and we have seen it base on the price.

However, since bitcoin is in a cycle, there will be constant moving of bitcoins around the market. Maybe some average joe are willing to sell at this "xxx" price because they have made so much profits. Or whales dumping their stash, and then buying it back when it goes down again. So it's going to be cyclical.

Whales will always reach a point that they will sell their bitcoin, they can't just hodl without a goal of having profit from it. Why do you think market crashes, price will just go up if many whales will just hodl. You didn't invest just to make it a display, it is an asset like gold. Bitcoin in the crypto market or exchange can't just easily run out of supply. Just imagine the current price at that time multiply to its total supply, that would be the total money needed to purchase all the bitcoin in the market.

It's absolutely not a commonplace. Microstrategy is the only company that accumulated close to 100,000 BTC. The rest of them have much less than that. And public institutional buying has stopped months ago.

Majority of Bitcoins are still held by non-whales, and a lot of the "whale wallets" are just exchanges and other services. Also, whales sell too, they aren't going to hodl till they die of old age.

If they are the only one who hoards then the market won't move which means that they won't be able to make some profit, it's not of their best interest to hoard because they rely on manipulation and hoarding is going to be difficult for them.

Don't really think anyone can keep hoarding all of Bitcoin or and hold on for so long. At the end of the day they will have expenses and spend the bitcoin. And as people hoard more bitcoins, it is going to get more expensive and they are likely to sell some Bitcoin and book profits. So, it is highly unlikely that some whales hoard all of the bitcoin and we run out of bitcoin.

Those who hoard will eventually sell at their own price target. BTC is limited and so are people's wealth. They cannot lock their money on any investment like bitcoin forever. I expect Michael Saylor unloading at six figures.

There will always going to be people willing to sell their BTC. The first one who comes into my mind are the miners; everyday the Bitcoin network adds 900 BTC to its circulation, don't you think that they'll sell? Note that Bitcoin isn't held only by whales. IMO, it has the greatest wealth distribution a currency can have. Sure, some whales will always be ahead of the average user, but doesn't that happen with the dollar as well?

Besides Saylor and those twins, I don't know any other person who bought 100,000 BTC.

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?