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Topic: What if we buy bitcoins now all TOGETHER?! - page 3. (Read 724 times)

member
Activity: 331
Merit: 10
StartFi
I specially don't think this is a smart move because if you're buying together in the same moment, that's would be killing ourself because the price will be very high and that's not good at all.
Buying and Seliing together never is a good ideal at always.
member
Activity: 133
Merit: 10
Blockchain with solar energy
Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!

If that actuallly happen then I think the price of bitcoin will increase in the market specially if it resulted to overcoming the supply of the available bitcoin in the market. The recent market crashes results to more supply of bitcoin versus its demand so if we all actually tried to buy bitcoin then the demand will surely increase so does its value in the market.
jr. member
Activity: 182
Merit: 4
It is difficult to convince ourselves to buy bitcoin simultaneously. Some people are just at the verge of selling and waiting for just a little rise to sell. Others will also sell along immediately they begin to see that prices are rising speedily, because naturally you don't expect the price to always stay up there. However, if most of the services we receive and render to others are all done in bitcoin it is possible to keep the price at a stable level.
sr. member
Activity: 396
Merit: 250
Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!
The btc supply for the market is finite and at any price it is also owned by many; Do you want all of us to place orders in bulk? If so, either you will not buy any btc or you have to buy at a higher price than others . And that means btc prices will increase. In other words, when the demand for btc increases, it will lead to higher prices.
member
Activity: 714
Merit: 10
Living is easy with eyes closed ...
Good offer. If all crypto-currency market participants will only buy bitcoin, then within a week the price of the BTC will exceed 100,000 US dollars.
Then the most advanced traders and investors will start selling off their assets, which will provoke panic and a drop bitcoin to $ 600.
sr. member
Activity: 1470
Merit: 325
Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!

that would be a pump and dump scam, ever participate on one?

these groups litereally steal from each other.
member
Activity: 172
Merit: 10
The volume is already so high thesedays... I guess we should let it to grow on a healthy way... pumping something for a little amount of time will make a dumb... The market looks good right now
yes but I still hope price btc can reach more higher than $10k for now, many people still hope it can happen soon after few months down of the market.
full member
Activity: 193
Merit: 100
A lot of different countries have added cryptos as a priority for them and that is a good thing. But I don't think cryptocurrencies can take control of wold market because governments will not allow that. Even though the technology behind cryptocurrencies allow them to change the world economy the problem is that people understand this. Governments will surely try to do something against cryptocurrencies if they become a threat for them in the future. People can win this battle but there will not be enough of them. The majority of bitcoin holders will sell their cryptos immediately if governments will announce something bad about them.
Yes, and I think that is a good thing too. I guess, in my opinion, some rich countries and some developing countries already know the true potential of btc. They start to invest, and take advantage of btc. Some rick countries will make some mining industries and mining companies to take over the world of btc. But the truth is, no country can control btc. But maybe, in the future when there is one country who posses the most huge amount of btc will control the market of btc. Well, I honestly do not know yet and do not know anything about that. I hope all countries in the world will accept btc and the btc will keep growing stronger to the better future and better people.
full member
Activity: 736
Merit: 100
★Bitvest.io★ Play Plinko or Invest!
If we all buy Bitcoin together, then it is certain that the price of Bitcoin will increase due to the demand we make. However, we must be prepared with a dump that will occur. After the pump, dump. After dump, get the pump out.
Yes the pump and dump is always there at the market and it is normal to gain a profit and to enter at the low price in the market. When we all buy bitcoin together, I'm sure the price and its value will increase that may possibly cause a big adoption for bitcoin around the world and many people can be help to earn a huge profit in the future.
sr. member
Activity: 798
Merit: 251
Small Trader
If we all buy Bitcoin together, then it is certain that the price of Bitcoin will increase due to the demand we make. However, we must be prepared with a dump that will occur. After the pump, dump. After dump, get the pump out.
full member
Activity: 1750
Merit: 118
Maybe if all people buy bitcoin as of now the price will become very high like naybe we reach 100,000 dollars if all people buy bitcoin but it's unrealistic happen that all people buy bitcoin because most of the people sell their bitcoin to earn profit..

yeah right , it could possibly reach a hundred thousand dollar instantly or maybe more if ever all of the people will unite to buy bitcoin at a single moment but in reality , that dream wont possibly happen because like you said earlier , many people are constantly selling their coins to earn a profit. There are i think many people who come to bitcoin and work for jobs that pays in bitcoin so that they can sell it for a sure profit and not just for hodling or for personal usage such as paying someone.
sr. member
Activity: 1624
Merit: 267
Maybe if all people buy bitcoin as of now the price will become very high like naybe we reach 100,000 dollars if all people buy bitcoin but it's unrealistic happen that all people buy bitcoin because most of the people sell their bitcoin to earn profit..
copper member
Activity: 224
Merit: 3
Yes, even if we reach a consensus to all buy bitcoin together which would most likely drive the price astronomically within split seconds, can we also control our individual temptations to quickly take profits at the expense of ourselves? I really  do not think this is workable at this stage of bitcoin, probably it would have been possible at the infant stages of bitcoin.
full member
Activity: 321
Merit: 102
All together? Do you think every person from this forum is your friend and trust you? Even if you would find a few hundreds of people who say they will buy bitcoin at the same time I am pretty sure less than 20% will actually follow you and do this thing because you don't know them, they don't know you. People already hold their bitcoins and I don't think any of them would spend anymore money on it since they are not even sure the price is going to increase.
You can change the price of bitcoin if multiple persons are buying/selling at the same time but you need a few thousands of them to do it and see a change on the market that will be big enough for all this effort.
newbie
Activity: 98
Merit: 0
Sorry for this thread , people are saying that the best move for now is hodl, wait, hodl, WATI! considering this time's bitcoin price. But i've been wondering, what if the community take action, united, then buy like at least $100 or any amount you have simultaneously ( since it is good time to buy at low price) first before enraging HODL and wait!
I know it's easy to say but what is it's impact or is this already experimented?
And there are also what they call HOLY whales to maintain the good price.
Share your thoughts. Thanks!

That's right my friend! I think the same
legendary
Activity: 3906
Merit: 6249
Decentralization Maximalist
[...] is this already experimented?
Of course. In the altcoin world this occurs every day.

The problem is not that it is illegal (it may be). But only a small part of the buyers will benefit - the initiators. There may be a way to "hide" the intention of the pump-and-dump group, but it would be difficult to rise the price in a sustainable way because for many people it would be an opportunity to sell - and the pump group hasn't infinite amounts of money (OK, it may be different if there were some fiat billionaires inside the group. But most of the Bitcointalk users have already a long position in Bitcoin).

A more interesting question is: What if we SELL Bitcoins now all together? ("we" = "a larger group of Bitcointalk users")

Why is this different? Because we're already inside a bear market. That would mean that the sellers would not operate "against the trend" but "magnify the trend" - that would trigger an accelerated bearish channel, so sharp that we can expect a crash of 50%+ in a single day if everything works "well" for the sellers. It would become even more interesting if the dump group broke the long-term bullish channel of Bitcoin.

There may be even reasons to do this ... "buy back cheaper", "drive evil speculators out", etc ... Wink
full member
Activity: 352
Merit: 100
Your example is contaigning an oxymoron: if everyone in the community is only buying, who is selling? If nobody is selling and everybody is buying the price is destined to rise to infinite value, which clearly makes no sense.
sr. member
Activity: 574
Merit: 250
If everyone buys as always happens in the markets for goods, services or financial products, prices would begin to rise sooner and then more and more until most of them buy no more. Thus the price starts to fall to its actual value.
full member
Activity: 308
Merit: 128
I think this does not happen. The most likely thing is that people are selling bitcoin. this is the worst. bitcoin will fall sharply. Investors will lose a lot

If that happen, the positive side of it is, the whole trader community would be happy for the bountiful profit that they could earn cause it really affect the price of Bitcoin. While the negative side is, it would lessen the number of investors.
hero member
Activity: 1190
Merit: 534
Since the market cap of Bitcoin is extremely high, it is very difficult for any single person or organization to acquire all coins. However, if someone can manage to buy maximum coins then he will be in a position to control the price in the market. We have recently experienced the price rally which was a result of the decisions by big whales and institutional investors. It will affect the demand and supply ration in the market.
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