i wish them good luck and i hope they enjoy they soon-to-be-worthless cash
Maybe they buy stuff with it? It's not like fiat will be worthless tomorrow, it will just slowly lose worth while more is printed out.
Topic: What happens when the bitcoin-bigplayers sell theire coins? - page 2. (Read 2605 times)
i wish them good luck and i hope they enjoy they soon-to-be-worthless cash
Maybe they buy stuff with it? It's not like fiat will be worthless tomorrow, it will just slowly lose worth while more is printed out.
those who have a lot and sell in one rush already did it. and most likely, they also regret it :-p
i wish them good luck and i hope they enjoy they soon-to-be-worthless cash
Yeah , yeah , would you still keep all your bitcoins when you could cash out a few or more millions and buy everything you wanted in your childhood ad not wait till bitcoin succes?
You know , tommorow you could get hit by a car and that's it or maybe worse, survive in a wheelchair.
Honestly , would you keep your bitcoins or sell them , make your dreams get true and forget about all the s***.
those who have a lot and sell in one rush already did it. and most likely, they also regret it :-p
i wish them good luck and i hope they enjoy they soon-to-be-worthless cash
those who have a lot and sell in one rush already did it. and most likely, they also regret it :-p
There is no call for 'big players' to sell out fast anymore than there for big players in dollars or euros or gold to sell out fast. Why would they?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
Yeah, probably "fair" is the wrong word. The people with the big wallets have earned all their coins because they were early adopters and so have a right to keep all their coins.
But a economy or currency can not rely on a the mood of 3 people!
those 3 people cant drop they bitcoins, those are people who believed in this, who supported bitcoin. Why they would want to kill they own child? And when they would sell to drop the price, rest of their bitcoins would loose value too, so its not practical.
Hey Guys,
i don't know if this topic was already discussed, but i'am thinking about this for a few days and i think this is a big problem for the bitcoin-economy:
Currently, only 3 people own almost 6% of all bitcoins( if not, please correct me). For comparison with the eurozone, this would mean that 3 persons own 6 % from 9 148 000 000 000 Euro(Date: 2008), which means: 548.880.000.000 ....Thats ridiculous. When they sell all their bitcoins, the price would fall like crazy and the rest of the confidence in bitcoin is lost. Look at the price at this moment: Theire is now fundametal reason for the bitcoin price to fall, only a few bigger wallets getting sold and that starts a domino effect.
Imagine what happens when 600.000 coins get sold with market execution?!?
I think theire need to be something done to solve this problem and i think theire are only two ways:
1. The hard way: the bigplayers are selling the most of their coins on a rush and the bitcoin price will fall, but in the end their is a much fairer spread of bitcoins among the people. But this will cause a loose of confidence...."another bubble" would the media say.
2. the easy way: everyday the bigplayers sell a small amount of bitcoin...maybe around 100, when the trading volume gets higher maybe more...and so recuce their wallets and the possbile influence
But this hast the requirement, that the bigwallet owners agree with this plan, but some of them are millionairs anyway
But what makes me the most angry: Bitcoin was found, to get rid of banks or fed or the EZB and theire inflationary money politic. But I read enough in this forum and elsewhere to say: some people are acting the same way like banks on the so called "free markets": They manipulte the bitcoincharts with theie huge amounts of money they have...."sell high", "buy low"....the exact same thing bigplayers(the banks) are doing with gold right now. Okay, but enough about that...
What do you think about this?
Greets Komodorpudel
PS: Sorry for my average english
i don't know if this topic was already discussed, but i'am thinking about this for a few days and i think this is a big problem for the bitcoin-economy:
Currently, only 3 people own almost 6% of all bitcoins( if not, please correct me). For comparison with the eurozone, this would mean that 3 persons own 6 % from 9 148 000 000 000 Euro(Date: 2008), which means: 548.880.000.000 ....Thats ridiculous. When they sell all their bitcoins, the price would fall like crazy and the rest of the confidence in bitcoin is lost. Look at the price at this moment: Theire is now fundametal reason for the bitcoin price to fall, only a few bigger wallets getting sold and that starts a domino effect.
Imagine what happens when 600.000 coins get sold with market execution?!?
I think theire need to be something done to solve this problem and i think theire are only two ways:
1. The hard way: the bigplayers are selling the most of their coins on a rush and the bitcoin price will fall, but in the end their is a much fairer spread of bitcoins among the people. But this will cause a loose of confidence...."another bubble" would the media say.
2. the easy way: everyday the bigplayers sell a small amount of bitcoin...maybe around 100, when the trading volume gets higher maybe more...and so recuce their wallets and the possbile influence
But this hast the requirement, that the bigwallet owners agree with this plan, but some of them are millionairs anyway
But what makes me the most angry: Bitcoin was found, to get rid of banks or fed or the EZB and theire inflationary money politic. But I read enough in this forum and elsewhere to say: some people are acting the same way like banks on the so called "free markets": They manipulte the bitcoincharts with theie huge amounts of money they have...."sell high", "buy low"....the exact same thing bigplayers(the banks) are doing with gold right now. Okay, but enough about that...
What do you think about this?
Greets Komodorpudel
PS: Sorry for my average english
WHAT HAPPENS WHEN ALL THE PLANETS ALIGN WITH ALL THE STARS IN THE UNIVERSE? LOL
We won't ever see these 'big players' all selling in one go. That's fairly unrealistic.
The again, due to the nature of Bitcoin, we will be able to know if they're 'slowly' selling. This could have near the same affect.
The again, due to the nature of Bitcoin, we will be able to know if they're 'slowly' selling. This could have near the same affect.
There is no call for 'big players' to sell out fast anymore than there for big players in dollars or euros or gold to sell out fast. Why would they?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
Yeah, probably "fair" is the wrong word. The people with the big wallets have earned all their coins because they were early adopters and so have a right to keep all their coins.
But a economy or currency can not rely on a the mood of 3 people!
There is no call for 'big players' to sell out fast anymore than there for big players in dollars or euros or gold to sell out fast. Why would they?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
11.2M divided by 7 billion = 0.0016 BTC for everyone
There is no call for 'big players' to sell out fast anymore than there for big players in dollars or euros or gold to sell out fast. Why would they?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
good point, besides, they would sell bitcoins for what, for fiat? so the banksters will rob them? that wouldn't be wise. And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
There is no call for 'big players' to sell out fast anymore than there for big players in dollars or euros or gold to sell out fast. Why would they?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
And I really hate this 'fair' distribution nonsense. What the heck is 'fair'?
Same for me, I can scoop up some, at the moment everything is so high.
to be honest i would be mega happy if i would be online and price for a while would drop to $1 or even better to $0.01. I would buy everything available.
btw while we are talking about this, can someone sell me 10000 bitcoins for $1?
btw while we are talking about this, can someone sell me 10000 bitcoins for $1?
Hey Guys,
i don't know if this topic was already discussed, but i'am thinking about this for a few days and i think this is a big problem for the bitcoin-economy:
Currently, only 3 people own almost 6% of all bitcoins( if not, please correct me). For comparison with the eurozone, this would mean that 3 persons own 6 % from 9 148 000 000 000 Euro(Date: 2008), which means: 548.880.000.000 ....Thats ridiculous. When they sell all their bitcoins, the price would fall like crazy and the rest of the confidence in bitcoin is lost. Look at the price at this moment: Theire is now fundametal reason for the bitcoin price to fall, only a few bigger wallets getting sold and that starts a domino effect.
Imagine what happens when 600.000 coins get sold with market execution?!?
I think theire need to be something done to solve this problem and i think theire are only two ways:
1. The hard way: the bigplayers are selling the most of their coins on a rush and the bitcoin price will fall, but in the end their is a much fairer spread of bitcoins among the people. But this will cause a loose of confidence...."another bubble" would the media say.
2. the easy way: everyday the bigplayers sell a small amount of bitcoin...maybe around 100, when the trading volume gets higher maybe more...and so recuce their wallets and the possbile influence
But this hast the requirement, that the bigwallet owners agree with this plan, but some of them are millionairs anyway
But what makes me the most angry: Bitcoin was found, to get rid of banks or fed or the EZB and theire inflationary money politic. But I read enough in this forum and elsewhere to say: some people are acting the same way like banks on the so called "free markets": They manipulte the bitcoincharts with theie huge amounts of money they have...."sell high", "buy low"....the exact same thing bigplayers(the banks) are doing with gold right now. Okay, but enough about that...
What do you think about this?
Greets Komodorpudel
PS: Sorry for my average english
i don't know if this topic was already discussed, but i'am thinking about this for a few days and i think this is a big problem for the bitcoin-economy:
Currently, only 3 people own almost 6% of all bitcoins( if not, please correct me). For comparison with the eurozone, this would mean that 3 persons own 6 % from 9 148 000 000 000 Euro(Date: 2008), which means: 548.880.000.000 ....Thats ridiculous. When they sell all their bitcoins, the price would fall like crazy and the rest of the confidence in bitcoin is lost. Look at the price at this moment: Theire is now fundametal reason for the bitcoin price to fall, only a few bigger wallets getting sold and that starts a domino effect.
Imagine what happens when 600.000 coins get sold with market execution?!?
I think theire need to be something done to solve this problem and i think theire are only two ways:
1. The hard way: the bigplayers are selling the most of their coins on a rush and the bitcoin price will fall, but in the end their is a much fairer spread of bitcoins among the people. But this will cause a loose of confidence...."another bubble" would the media say.
2. the easy way: everyday the bigplayers sell a small amount of bitcoin...maybe around 100, when the trading volume gets higher maybe more...and so recuce their wallets and the possbile influence
But this hast the requirement, that the bigwallet owners agree with this plan, but some of them are millionairs anyway
But what makes me the most angry: Bitcoin was found, to get rid of banks or fed or the EZB and theire inflationary money politic. But I read enough in this forum and elsewhere to say: some people are acting the same way like banks on the so called "free markets": They manipulte the bitcoincharts with theie huge amounts of money they have...."sell high", "buy low"....the exact same thing bigplayers(the banks) are doing with gold right now. Okay, but enough about that...
What do you think about this?
Greets Komodorpudel
PS: Sorry for my average english
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