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Topic: Is there restriction in purchase of bitcoin? - page 2. (Read 274 times)

legendary
Activity: 1624
Merit: 1200
Gamble responsibly
I’m inquisitive to know if there’s any possibility that a person can’t purchase bitcoin anywhere because all the people holding the total supply of bitcoin are not willing to sell but hold them, maybe for some reasons known to them or possible pump they’re expecting before selling it.
That is not possible, there are millions of people that owns bitcoin, as the price is increasing and reducing, some people are always ready to sell bitcoin and this is every second, that is why if you want to buy bitcoin now, you will be able to buy it.
copper member
Activity: 2856
Merit: 3071
https://bit.ly/387FXHi lightning theory
This is generally how the market works.

If everyone stopped selling their bitcoins they'd go up in value because speculators would expect those people wanting a higher price.

But there's usually always someone wanting to sell and someone wanting to buy so even if neither liked the current prices, they'd place asks and bids and those orders would converge (meet) at a new price that the asset would become.
legendary
Activity: 4466
Merit: 3391
I’m inquisitive to know if there’s any possibility that a person can’t purchase bitcoin anywhere because all the people holding the total supply of bitcoin are not willing to sell but hold them, maybe for some reasons known to them or possible pump they’re expecting before selling it.

That is unlikely to ever happen. Also, note that bitcoins are worthless if they cannot be traded since that is their only function.
sr. member
Activity: 686
Merit: 301
Hire Bitcointalk Camp. Manager @ r7promotions.com
Bitcoin and other cryptocurrencies has a limit of their total volume supply in the market. Like bitcoin, according to Bitcoin Supply - YCharts is at current level of 19.26million total bitcoin supply.

I’m inquisitive to know if there’s any possibility that a person can’t purchase bitcoin anywhere because all the people holding the total supply of bitcoin are not willing to sell but hold them, maybe for some reasons known to them or possible pump they’re expecting before selling it.
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