What's will happen if bil gates bought all bitcoins?

[Lubruselu 2803]

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

[Grandmaster 245]

On 12/15/2019 at 7:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

I don't think Bill Gates can buy all Bitcoins because I read that there are some Bitcoins that has not been moving for years, he can only bought coins that are in the market.

[febriyana 934]

I think what purpose Bill Gates buy all Bitcoin also 21 Million? 

If we calculate if Bill Gates buy it all

21 Million x $9,000 = $189 Billion

But the reality Bill Gates net worth is only $107.6 Billion, so he taking some loan to buy Bitcoin. After that he sell it for $10,000

I am sure no people want buy it. Then he bankrupt because Bitcoin.

Bitcoin actually is need supply and demand, also need circulation of money. If someone buy it all, it is sure will stop the circulation and Bitcoin will be useless.

[vivek jain 308]

it is impossible that all the bitcoin hodlers will even sell bitcoin.64% of bitcoins never moved from the wallets of the hodlers during that long bear market.so bill gates not even gonna have 50% of circulating supply.

[Pearls Before Swine 815]

I agree with the post above mine, that Gates wouldn't be able to buy all the bitcoin in existence based on its market cap.  He might be able to borrow and buy more, but not all of it.  Even if he or someone else *were* able to, it would be a really stupid move on their part, because then bitcoin would basically have no value if only one person owned it.  People would move on to altcoins and leave Gates with all of his worthless bitcoin.  That's called 'cornering the market' and it's never a good strategy.

[McCree 713]

On 12/15/2019 at 1:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

He can't buy all the bitcoins because he only has $100 billion and that's not enough to buy all the bitcoins that have been mined so far. The market cap is $147 trillion and with 100 billion dollars he'd only be able to buy 18 thousand bitcoins.

[BTC Future 3946]

On 12/15/2019 at 1:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

This situation is impossible as at least 1 million of Bicoins are irritrivable. Also the currenct circulation is a little more than 18 million. So your argument has to do with possibly buying 17 million Bitcoin. In my speculation 16.5 million at least , wouldn't want to sell at 9000$ so someone will be able to accumulate maximum 500.000BTC at this price. If he manages this, he would have probably exchausted all of the bears power and price of Bitcoin would begin climbing parabolic.

[Opinder 1310]

He can not buy all bitcoins because not all bitcoin holders will sell btc. So he can buy only those btc which are ready for sale. If he really want to buy then btc holder will rise price upto any extent which will become difficult for Bill gates. So it could not happen ever.

[Syedbesharat 5423]

On 12/15/2019 at 4:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

If he buys all coins then BTC will be controlled and it will impact all crypto market.The price will increase and all alt coins also goes high.But if they made any decision which effect BTC then all market will disturb.So its not good for BTC to have under control one man.

[Sapdrx 469]

If Bill Gates buys all bitcoin, there's nothing for us anymore 😂 and Bitcoin would be worth nothing as he would be the only user hahahah . No serious he would be stupid to invest all in one asset.

[miskyming 1588]

Bitcoin has limited supply of 21 million.. if bill gates bought all bitcoins then how he sells those bitcoins if he get all the supply.. people will not interested to buy bitcoin anymore, especially at high price.

[DavCrypto 298]

On 12/15/2019 at 1:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

Yes the world of cryptocurrencies is evolving. AT&T has taken a small step, an important step in the adaptation process: the world's ten largest companies accept Bitcoin. At least indirect. Because of the acceptance of BTC, the carriers are working with Bitpay. As stated on the website, Bitpay applies a payment service on the customer's website and generates a separate invoice based on the amount.

[Yanadia 1517]

Bill Gates is too smart to think of buying all the Bitcoin and he understands the way Bitcoin itself is better than us.  As stated by Bill Gates

* "Bitcoin will not be a distributed payment system used in the future, but it still has the potential to make a big enough impact."

This means that Bill Gates will not and do not have the desire for it in my opinion.

[Soaib khan 1035]

It is not possible because all bitcoin holders not selling bitcoin bill gates only buy sell oders bitcoin if billgates buy all sell oders bitcoin then bitcoin rise more.

[KURTAULI 1297]

Bill Gates Can't Buy All Bitcoin This is an illusion. And if it did, in my opinion, the price of bitcoin would drop significantly or become 0

[Migo 7946]

I don't think Bill gates is interested in bitcoin, because if he was, then he would already bought it, but how bitcoin is going to be when he becomes under this man?? I think he will adopted worldwide and more powerful, like Microsoft company now, this man has his own power in the world, so bitcoin will be more powerful for sure 

[Nakamoto 279]

Whoever buys it means he's a very smart person and I think Mr. Bill will be very lucky if he buys. He may have been wrong about predicting bitcoin, but a wise person will immediately correct his mistakes.

[Ovis25 135]

On 12/15/2019 at 12:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

If that happens for any reason it could crush the market and affect the market. That is also called manipulation of currency it can drag the market down.

[Goody28 259]

On 12/15/2019 at 12:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

Well if that's the case I think bitcoins price will be quite expensive and it will simply not regulate to the poor ones that can't afford it's price  bitcoins will have great value

[khan22 3478]

If the bill gate will buy all the coins than in the market is going to be high and all the ALT coins also will go up and we see that the good ALT coins is going to high than the other ALT coins and they also touch the sky in the market.

[Lubruselu 2803]

On 2/13/2020 at 12:00 PM, Goody28 said:

Well if that's the case I think bitcoins price will be quite expensive and it will simply not regulate to the poor ones that can't afford it's price  bitcoins will have great value

If the on person will be owning all bitcoins in the world this might be risk or profitable for him, it will be risk if people will not buying it, and it will be profitable if people will need it so he will sell it in high price

[Oxygen 1004]

On 12/15/2019 at 4:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

I think this will not happen. He does not needs to invest any amount in bitcoin as he is already earning more than $100 in just one second. Although he can buy bitcoins in bulk quantity. But if he have to do this he have done already.

[iloveyobit 6599]

I think Bill Gates is not stupid to invest in bitcoin with this amount and risk this risk, but if this happens, then the price of bitcoin will know a qualitative price jump.

[MysteriousIdentity 150]

On 12/15/2019 at 7:13 PM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

That is how the big investors or big whales are doing but that increase is not a good selling price for them. Most of them will buy bitcoin in lower price and will sell it to a higher price like x3-x10 of their buying price. 

 

But buying the 21 million bitcoins will not happen at all because who will be the one to pump the price if he will buy it all. The demand should be spread to the investors in order for the buying and selling options to become active. 

[Shaza Ahmad 1682]

On 12/15/2019 at 11:13 AM, Lubruselu said:

Do you ever think about this issue if it can be happened? What's do you think if bill gates will bought all 21 millions bitcoins for price of $9000 and sell them all at the price of $10000

Well, that is not possible, no one can buy all the bitcoins at a fixed price because once you buy 50% of the currencies offered in the market the bitcoin price will rise more than $ 1,000, but if you want to indicate the idea that the one who has the money has the power then I agree with you And I understood your idea.