Topic: What if all whales decided to buy and hold bitcoin? (Read 150 times)
This is just your thought and a possibility but if this happened I think bitcoin will make new ATH or even hit 50000$ till the end of this year because whales are not day traders but they accumulate coins at lower level for long to medium term for bigger profit and as you said if 75% coins whales hold so only 25 % coins will available in market so demand will increase for sure and it will make New ATH.
What if all whales decided to buy and long hold 75% circulating supply of bitcoin and price will moon and then they decide to dump one at a time or drop simultaneously. What wil happen in bitcoin?
I don't know if that's possible because some small investors are holding Bitcoin and they are to many of them, but in case they hold Bitcoin there will be demand and the price could go up, and of course, the price will crash if they all decide to sell, this is how the market reacts.
in my opinion maybe bitcoin transactions will slow down and if they hold bitcoin will have an impact on bitcoin prices that will be high, and if they sell bitcoin simultaneously bitcoin prices will surely go down. cmiiw
Obviously the price will moon when there will be very less sellers demand will be higher and it will eventually increase the price of Bitcoin. This has happened already see the ATH and current price of the Bitcoin.
What analysis do you do?
there is no fact that justifies your statement. and stop making rumors, still believing that bitcoin is the future.
there is no fact that justifies your statement. and stop making rumors, still believing that bitcoin is the future.
This will not happen) This will lead to the collapse of the whole market, not only BTC but also altcoins ... the capitalization of the main coins will fall and after itself pull all the others..
I think your argument is not reasonable. First of all, they can't reach 75% of the holdings. Can I understand this? So they can't sell all of them. BTC will always be the first price regardless of the future position. If not, the cryptocurrency will have no value!
What if all whales decided to buy and long hold 75% circulating supply of bitcoin and price will moon and then they decide to dump one at a time or drop simultaneously. What wil happen in bitcoin?
chances are now that altcoin and bitcoin prices will return quickly and can be beneficial again because a few months ago many people are losing their money and now hopefully with the return of altcoin and bitcoin prices could return the loss in the last month What if all whales decided to buy and long hold 75% circulating supply of bitcoin and price will moon and then they decide to dump one at a time or drop simultaneously. What wil happen in bitcoin?
Bitcoin will plummet, no the entire crypto market will plummet. It will stay but it's price will depend on how much market cap does it have by the time they are done selling.
What if all whales decided to buy and long hold 75% circulating supply of bitcoin and price will moon and then they decide to dump one at a time or drop simultaneously. What wil happen in bitcoin?
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